Korea vs Nigeria: Official exchange rate
Korea
1,363 LCU per US$, period average
in 2024
Nigeria
1,479 LCU per US$, period average
in 2024
Korea rank
24th
Nigeria rank
22nd
Official exchange rate over time
- Korea
- Nigeria
How they compare
Nigeria currently reports 1,479 LCU per US$, period average against 1,363 LCU per US$, period average in Korea, a difference of 116 LCU per US$, period average.
That makes Nigeria's figure about 1.1 times Korea's.
The two have swapped places 1 time across 55 shared years of data; in 1970 it was Korea ahead.
Korea ranks 24th and Nigeria ranks 22nd of 209 countries.
Korea has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Korea | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 427.34 LCU per US$, period average | 0.6499 LCU per US$, period average | 426.69 LCU per US$, period average | Korea |
| 1980s | 757.86 LCU per US$, period average | 2.19 LCU per US$, period average | 755.67 LCU per US$, period average | Korea |
| 1990s | 894.63 LCU per US$, period average | 25.92 LCU per US$, period average | 868.71 LCU per US$, period average | Korea |
| 2000s | 1,130 LCU per US$, period average | 124.88 LCU per US$, period average | 1,005 LCU per US$, period average | Korea |
| 2010s | 1,123 LCU per US$, period average | 214.23 LCU per US$, period average | 908.53 LCU per US$, period average | Korea |
| 2020s | 1,257 LCU per US$, period average | 662.02 LCU per US$, period average | 594.92 LCU per US$, period average | Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher official exchange rate, Korea or Nigeria?
- Nigeria, at 1,479 LCU per US$, period average against 1,363 LCU per US$, period average in Korea as of 2024.
- What is the difference in official exchange rate between Korea and Nigeria?
- 116 LCU per US$, period average, with Nigeria ahead.
- How many years of comparable data are there for Korea and Nigeria?
- 55 years are reported by both, from 1970 to 2024.
- How do Korea and Nigeria rank globally for official exchange rate?
- Korea ranks 24th and Nigeria ranks 22nd of 209 countries.
- Where does this data come from?
- UNESCO Institute for Statistics, published as Official exchange rate (LCU per US$, period average). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
February 2026 Data Release