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Nigeria
46
Moderate
Risk
Risk
#30
of 171
Riskier
than 83% of currencies
37
global avg score
$238
$1,000 in 5 years
Impact on Citizens
Citizens need their money to grow at least 34.7% per year to not lose purchasing power. Every NGN 100 saved today will only buy 75 worth of goods next year.See savings calculator ↓
Economic Indicators
Inflation Rate
33.2%
Debt to GDP
Not available
GDP Growth
4.1%
Broad Money / GDP
25.1%
Banking & Stability
NPL Ratio
4.0%
Reserve Months
7.1
Current Account
6.8%
FX Volatility
36.1
Governance & Markets
Rule of Law
-0.9
Black Market Premium
15.0%
Capital Controls
70.0
Peg Fragility
Not available
Currency Structure
Global Currency Role
70.0
FX Regime
managed float
Data Coverage
83.0%
Savings Impact Calculator
₦
Holding cash in NGN33.2% inflation
₦238−₦762 (76% purchasing power lost)
Your ₦1,000 buys 76% less in 5 years
What if you invested ₦1,000 instead? (5yr, in NGN terms)
USD-denominated assets gain an additional ~30.2%/yr from expected NGN depreciation vs USD
Hold USD Cash
₦3335
+₦2335
+27.2%/yr net in NGN
S&P 500
₦5425
+₦4425
range: ₦2960–₦9311
10% USD return + 30.2% FX · ±16% vol
Gold
₦5049
+₦4049
range: ₦1946–₦11.2k
8% USD return + 30.2% FX · ±24% vol
Bitcoin
₦9017
+₦8017
range: ₦1064–₦40.1k
25% USD return + 30.2% FX · ±54% vol
All values in NGN. USD-denominated assets (S&P 500, Gold, Bitcoin) include an estimated FX gain of ~30.2%/yr based on the inflation differential between Nigeria (33.2%) and the US (~3%). This uses purchasing power parity as a long-run approximation — actual FX movements can differ significantly in the short term. S&P 500 based on 1957-2024, Gold on 2000-2024, Bitcoin on 2015-2024. Past performance does not guarantee future results. Not financial advice.
Data last updated: 2026-05-19