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Nigeria FX calculator — CBN rates, NTA 2025
The FX converter for foreign-currency income and disposals of foreign-currency holdings under the Nigeria Tax Act 2025. CBN rates, naira-terms tax math, updates live as you type.
This conversion
Mode
USD
The amount you received in US dollar. The naira value at the date below is what NRS will assess.
Currency you received $· converting FROM
CBN rate as of 24 May 2026₦1,370.15per USD· source exchangerate-api
per USD
Override only if you know a specific rate you were paid at — for example, a remittance service’s fixing on the day. NRS will still assess using the CBN rate on the receipt date.
Naira value
₦—
Enter the amount you received in foreign currency to see what it is worth in naira at the CBN rate on the date you received it.
NRS will assess your tax on the CBN figure, even if your bank or P2P platform credited a different amount. Numbers update as you type — no submit button.
CBNofficial rates onlyUSD· GBP · EUR24 May 2026as ofNTA §39chargeable gains via PIT
What TaxJeje does with what you typed
01 · No storageWe do not store what you enter unless you sign up. The calculator runs in your browser.
02 · CBN rates onlyParallel-market and platform rates are not accepted by NRS on assessment. Even if you actually got more naira through a P2P service, NRS will tax you on the CBN fixing.
03 · Naira-terms gainForeign-currency gains are taxed in naira terms. A holding can be flat in USD but gain in naira because the naira moved against the dollar between buy and sell.
04 · Ring-fenced lossesDigital-asset losses are ring-fenced under NTA §28(3)(iv) — they can only offset future digital-asset gains, not your salary or freelance income.