Average
₦1,389.84
Mean of cleaned offers
Live market reference
P2P Naira Rate Today
Estimated USDT/NGN rate based on public P2P offers. Use this as an informational market reference, not as financial advice or a trading instruction.
Rate temporarily unavailable
Last successful update: 19 Jun 2026, 20:09:25
Last update: 19 Jun 2026, 20:09:25 40 valid offers from Bybit P2P
Updated 6 minutes ago
Market comparison
Rate statistics
Median
₦1,386.00
Middle valid value
Spread
3.12%
Between valid offers
24h change
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Across 1 snapshot
USDT/NGN reference calculator
Uses the displayed market reference. It does not quote or execute transactions.
Quick amounts
Estimated conversion
₦138,983.81
Using ₦1,389.84 per USDT (trimmed average).
Indicative only. Real offers may include different limits, fees, and payment conditions.
Quick reference
USDT to Naira conversion
Estimated NGN values at ₦1,389.84 per USDT. Values are rounded for reference.
| USDT | NGN (estimated) | Rate used |
|---|---|---|
| 1 USDT | ₦1,389.84 | ₦1,389.84 |
| 5 USDT | ₦6,949.19 | ₦1,389.84 |
| 10 USDT | ₦13,898.38 | ₦1,389.84 |
| 20 USDT | ₦27,796.76 | ₦1,389.84 |
| 50 USDT | ₦69,491.90 | ₦1,389.84 |
| 100 USDT | ₦138,983.81 | ₦1,389.84 |
| 200 USDT | ₦277,967.62 | ₦1,389.84 |
| 500 USDT | ₦694,919.04 | ₦1,389.84 |
| 1,000 USDT | ₦1,389,838.08 | ₦1,389.84 |
Understanding the rate
What the P2P Naira rate means
What is the P2P Naira rate?
The P2P Naira rate is the price at which traders advertise to buy or sell USDT for Nigerian Naira on peer-to-peer platforms. It is not set by a central bank or exchange; it reflects the current quotes visible to market participants.
Why can the P2P rate differ from the bank rate?
P2P rates can differ from bank or official rates because they incorporate real-time liquidity, advertiser risk preferences, settlement speed, payment method availability, and the natural spread between buyers and sellers.
Buy rate vs sell rate
The buy rate is what advertisers offer when they want to buy your USDT and pay you Naira. The sell rate is what advertisers ask when they want to sell USDT and receive your Naira. The gap between them is the spread.
How the rate is calculated
We collect public offers, require positive prices and NGN/USDT pairs, remove statistical outliers, trim extreme values, and report the trimmed mean, median, highest valid, and lowest valid prices.
Risks and limitations
P2P rates are indicative. Real prices vary by advertiser, payment method, and timing. Counterparty risk, payment disputes, and platform terms apply. Confirm all details directly on the platform before trading.
Historical trend
Last 24 hours
Not enough historical snapshots to render a chart. History becomes available after several collection runs.
Historical trend
Last 7 days
Not enough historical snapshots to render a chart. History becomes available after several collection runs.
Historical trend
Last 30 days
Not enough historical snapshots to render a chart. History becomes available after several collection runs.
Snapshot table
24-hour snapshot table
| Date | Trimmed avg | Median | Buy | Sell | Spread | Offers |
|---|---|---|---|---|---|---|
| 19 Jun 2026, 20:09:25 | ₦1,389.84 | ₦1,386.00 | ₦1,385.45 | ₦1,433.55 | 3.12% | 40 |
FAQ
What is the P2P Naira rate today?
The P2P Naira rate today is an estimated market reference for USDT priced in Nigerian Naira based on visible public P2P offers. The displayed value is a trimmed mean after removing outliers, with separate buy and sell averages when the data source exposes both sides.
How much is 1 USDT in Naira?
The estimated value of 1 USDT in Naira is shown at the top of the page as the current trimmed average. Because P2P offers move with liquidity and payment methods, the actual price you see on a platform may differ.
What is the difference between buy and sell rates?
The buy rate reflects prices offered by advertisers willing to buy your USDT with Naira. The sell rate reflects prices asked by advertisers selling USDT for Naira. The spread between them shows how wide the visible market is.
Why is the P2P rate different from the official exchange rate?
Official FX rates are institutional reference rates. Public P2P offers can differ because they reflect available liquidity, payment methods, platform conditions, settlement speed, and the spread between visible buyers and sellers at that moment.
How often is the rate updated?
The page shows the last collected timestamp for the current market reference. A scheduled collection job can append new snapshots when the rate moves enough or after a configurable interval. The exact frequency depends on the deployed scheduler.
Is the displayed rate guaranteed?
No. The rate is an informational reference only. Public P2P offers can move quickly, include spreads, and may change before any independent transaction decision is made. Always confirm the final price on the platform where you trade.
Which platforms are included in the calculation?
The calculation currently attempts to read public P2P offer books from Binance P2P and Bybit P2P for USDT/NGN. When a source is unavailable, the calculation continues with the remaining sources. No source is favored over another; valid offers from all available sources are pooled and cleaned statistically.
Important
p2pnairarate.online is an informational tool only. It is not an exchange, broker, wallet, financial service, payment service, or trading recommendation. Rates are estimates based on public offers and may differ from the price you receive on a platform. Always confirm values directly before transacting.