Nigeria Inflation
See how inflation erodes money's buying power over time in Nigeria.
About Nigeria Inflation
Shows both sides of inflation in Nigeria: what the same goods will cost in the future, and what today's money will be worth then. Higher inflation and longer horizons compound the erosion.
Formula
Future value
FV = amount × (1 + rate)^years
Estimate — inflation is not constant.
Frequently Asked Questions
What inflation rate should I use?
Central banks target ~2%; recent CPI has run higher. Use a rate that matches your personal spending basket.
How accurate is this estimate?
Rates are approximate reference values. Local rates, exemptions and rules can differ, so treat the output as a planning figure only.
Related Calculators
Nigeria specifics
- Currency
- ₦ NGNNigerian Naira
- Region
- Africa
- Country code
- NG
- Amounts look like
- ₦1,234,567.89
- Dates look like
- 9 Mar 2026
- Units
- metricWeek starts Monday
Results on this page are expressed in NGN (Nigerian Naira). Figures are estimates for general planning — confirm current rates and thresholds with the relevant Nigeria authority before relying on them.