Statizoid

South Korea vs Nigeria: Official exchange rate

South Korea
1,422 LCU per US$, period average
in 2025
Nigeria
1,518 LCU per US$, period average
in 2025
South Korea rank
23rd
Nigeria rank
21st

Official exchange rate over time

  • South Korea
  • Nigeria
05001.0k1.5k196019922025

How they compare

Nigeria currently reports 1,518 LCU per US$, period average against 1,422 LCU per US$, period average in South Korea, a difference of 95.94 LCU per US$, period average.

That makes Nigeria's figure about 1.1 times South Korea's.

The two have swapped places 1 time across 66 shared years of data; in 1960 it was South Korea ahead.

Globally, South Korea ranks 23rd and Nigeria ranks 21st of 214 countries.

Individual pages

About this data

Indicator
Official exchange rate (LCU per US$, period average)
Unit
LCU per US$, period average
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
215 places, 12,630 data points, 1960–2025
Last refreshed

Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. This indicator represents the ratio of Local Currency Units relative to United States dollars.This indicator is derived as an average over the reference period.