Manufacturing in Nigeria: estimate cost per usable unit
Organise material, power, labour, packaging and rejected-unit costs before comparing Nigerian production quotes.
The naira, sourced and dated
Official CBN figures. Clear dates. Practical estimates.
The latest dollar publication is for Monday 19 October 2026.
Dollar: NFEM closing rate. Pound and euro: CBN central rate. These are official reference figures, not a provider's quote. How the figures are checked.
From a headline to your amount
We deduct the percentage from the converted amount, then deduct the fixed fee in NGN. Use the quoted rate to include a provider's exchange margin.
Estimated amount after entered fees
₦133,350.00
Before fees: ₦133,350.00 · Entered fees: ₦0.00
Source: CBN NFEM closing rate, 19 October 2026.
1 USD = 1,333.5 NGN.
Your provider's actual payout can differ. Other charges and taxes are excluded. Sources and assumptions.
Low ₦1,328 · High ₦1,336 over the last 30 days (20 CBN publication days). Source: Central Bank of Nigeria.
A provider's margin and fees change the amount that arrives. Enter your own quote and charges to compare the estimate.
What to check before comparing →Dollar: CBN NFEM closing rate, as at 19 October 2026. Source: Central Bank of Nigeria↗. Checked 19 October 2026, 10:18 pm WAT.
Naira per one currency unit, CBN rates for 19 October 2026. Source: Central Bank of Nigeria. Checked 19 October 2026, 10:18 pm WAT.
US dollar USD
Pound sterling GBP
Euro EUR
African Development Bank unit of account (WAUA)
CFA franc XOF
Chinese yuan (renminbi) CNY
Danish krone DKK
IMF special drawing right (SDR) XDR
Japanese yen JPY
Saudi riyal SAR
South African rand ZAR
Swiss franc CHF
UAE dirham AED
| Currency | Buying | Central | Selling |
|---|---|---|---|
| US dollarUSD | 1,332.7568 | 1,333.2568 | 1,333.7568 |
| Pound sterlingGBP | 1,776.9646 | 1,777.6313 | 1,778.2979 |
| EuroEUR | 1,496.2861 | 1,496.8474 | 1,497.4088 |
| African Development Bank unit of account (WAUA) | 1,805.1223 | 1,805.7995 | 1,806.4767 |
| CFA francXOF | 2.2646 | 2.2746 | 2.2846 |
| Chinese yuan (renminbi)CNY | 199.4876 | 199.5625 | 199.6373 |
| Danish kroneDKK | 200.1467 | 200.2218 | 200.2969 |
| IMF special drawing right (SDR)XDR | 1,805.7522 | 1,806.4296 | 1,807.1071 |
| Japanese yenJPY | 8.4181 | 8.4213 | 8.4244 |
| Saudi riyalSAR | 355.1556 | 355.2888 | 355.4221 |
| South African randZAR | 81.1123 | 81.1428 | 81.1732 |
| Swiss francCHF | 1,616.4424 | 1,617.0489 | 1,617.6553 |
| UAE dirhamAED | 362.8623 | 362.9984 | 363.1345 |
Buying and selling are the CBN's published measures, not a dealer's offer. Check the original CBN table↗.
Beyond currency
Your figures. Clear assumptions. Savings, loans, mortgages and insurance on one page.
See estimated returns after fees over the same period.
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Compare your estimates →Understand the context
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