Dollar Payment Converter

$500 from a client abroad is not 500 times the rate you saw on X. Put in the fees your app charges and see the naira that actually lands.

The client pays you (US$)

Paid through

Up to ~1% to receive from a client and up to ~2% over mid-market to convert/withdraw. Card or marketplace payouts differ.

Fee %

Fixed fee ($)

Rate markup %

These are starting guesses. Fees change and differ by account, so copy the real ones from your last statement.

Exchange rate (₦ per $1)

Fetching today’s reference rate…

Lands in your naira account

—

Client pays$500.00

Payoneer fees($5.00)

Dollars after fees$495.00

Rate you actually get—

At the reference rate with no fees—

Lost to fees and the rate—

Not financial or tax advice. Foreign income is still income: Nigerian residents are taxed on worldwide income, so set some aside with the tax set-aside calculator. Billing a foreign client? Make the invoice.

Working for clients abroad?

Finding foreign clients, quoting in dollars and getting paid without losing a week are covered in Edit for Hire and Your Rate in Naira.

Make a free account and ask your money questions in Talk.