Are you thinking of swapping your $20 Steam gift card for naira? Perhaps you want to top up your Steam wallet. It’s logical that your first question will be, ‘how much is 20 USD Steam gift card in naira?’ If you’re new to gaming, you received a $20 Steam gift card, you need to know a few things.

Gaming, movies, and all the entertainment shenanigans are easy to access these days, especially with platforms like Steam that give gamers access to games and gaming software using their Steam wallet.

Steam is a gaming platform that allows its users access to various online video games. The online games may be free or paid. You can buy the paid options with a Steam wallet, with the official currency being the USD. However, you can fund this wallet with your local currency. So the burning question you have now is how much is 20 USD steam in naira. Don’t fret. We’ve got you covered!

A Steam wallet is an online purse gamers use to purchase in-game items. If you own a Steam account, you can fund your wallet using your debit card. You can also sell items you win in-game in the Steam Market. 

It’s easy to make purchases online and keep going, but considering that the currency is different on the platform, you must know how to convert any amount you need in your Steam wallet to naira. This will let you track how much you’re willing to spend on your next game update. 

In this article, you’ll learn how to convert any amount of USD steam to naira. Ultimately, you’ll know how much $20 Steam is in naira.


Understanding the Steam Gift Card Conversion rate

Steam users can have their wallets in their local currency, which makes it easier to fund and buy items like software or games. But if your country’s currency is not listed on the platform, the balance in your Steam wallet is in USD. The conversion rate changes from time to time, depending on the market. So if $20 Steam costs 7000 naira in March, it may be 7500 naira in May.

Factors That Affect the Exchange Rate of Steam Gift Card to Naira

Like the regular dollar-naira exchange rate, conversion rates are affected by several uncontrollable factors. This can be limiting a lot of times, but the bright side is that the rates are in constant fluctuation. Hence, you might get a better rate tomorrow than last week and vice versa. Take a look at some factors that affect the conversion rate of Steam gift card.

  • Inflation
  • Demand and supply
  • Interest rates
  • Recession
  • Government debt

 1. Inflation

When there is economic inflation, the value of a currency tends to reduce as against the values of other currencies. The US also has inflation problems, but compared to Nigeria, it’s minimal, and as such, its currency has more value. Inflation is one factor that can affect the conversion rate of Steam to naira. 

2. Demand and Supply

The law of economics teaches that the higher the demand for something, the lower the supply and, consequently, the higher the price. USD is in higher demand than the NGN, and it follows that converting steam to naira would be more expensive. Since other factors like interest rates and politics, trade, etc., affect foreign exchange, the rates will eventually dance around from time to time. 

3. Interest Rates

Interest rates are rates a country charges when lending to other countries. It is dependent on other factors too. In fact, interest rates, inflation and conversion rates are in a love triangle. When a country’s currency is more valuable than others on the foreign exchange market, its interest rates are higher. But the rates can’t increase if the inflation rate is very high.

4. Recession

It’s not news that countries go into recession. Both the USA and Nigeria have slipped into recession in recent years. When this happens, a country’s interest rates drop, and the currency’s value follows. The difference between the effect on the different currencies is the depth of the economic situation. Nigeria’s recession appears weightier than that of the US.

5. Government debt

A country’s central bank is usually in charge of the government’s debts. Now, a country with a comparatively higher deficit will attract fewer investors in the foreign market. There will be no capital when there are no investors, giving rise to inflation. Inevitably, the value of the country’s currency against others reduces.

Now that you know why the conversion rates are shaky, let’s get down to the real business of the day – learning to calculate Steam gift card rate to naira. This is especially important if you want to sell Steam cards in Nigeria. There are various platforms where you can trade your Steam gift cards and fund your Steam wallet, and we’ll get to it soon.

Step-by-Step Guide to Calculate the Value of $20 Steam in Naira using the Prestmit Rate Calculator

Here’s a simple set of steps to help you calculate how much 20 USD Steam is in Naira on Prestmit.

  • Go to Google Play Store or Apple Store and download the Prestmit app.
  • Click Register to create your own Prestmit account and log in.
  • Click the Menu button and click Rate Calculator from the drop-down menu.
  • Click on Gift Card
  • Under the Gift Card Category, select Steam
  • Under Gift Card Type, select USA Steam Physical
  • Enter 20 in the amount
  • Choose Nigerian Naira as your currency type
  • The rate will be displayed, and you can click Sell Gift Card to proceed.

How Much is 20 USD Steam Gift Card?

Currently, $20 Steam Gift card goes for N11,100 for physical cards, while ecodes go for N10,500. These are the rates at which you’ll sell your Steam card in naira on Prestmit.

20 usd Steam gift card


Why You Might Need to Buy a $20 Steam Gift Card With Naira

As a gaming enthusiast, you need to fund your Steam wallet to gain access to various software or simply to try new games. You need to buy wallet codes or Steam gift cards to fund your Steam wallet. You can purchase either on different digital retail stores like Prestmit. 

Every country has its different means of payment. In Nigeria, the payment methods are Cash and debit cards. If you’re buying a physical Steam gift card to fund your wallet, you can pay with cash or a debit card. However, with the proliferation of online transactions, you’ll probably prefer to use your debit card to purchase a wallet code or buy a steam card online from a digital retail store. If you want to buy directly from Steam, the platform sells wallet credit in dollars, but as a Nigerian, it’s easier to make payments in naira.

Quick Guide on How to Buy Steam Gift Card with Naira

You can purchase a Steam gift card with naira from the comfort of your home with the following steps. With the code on the card, you can then fund your wallet. 

How to buy directly from Steam,

  • Log in to your Steam account
  • Go to the upper right corner and click your profile name
  • Select Account details
  • Click Add Funds to your Steam Wallet and choose the amount you want. 
  • Proceed to the checkout page, and you can pay with naira.

How to buy Steam gift card from Amazon,

  • Click on the item, either the actual card or the card with the wallet code that will be emailed to you.
  • Add to your cart, after which you proceed to checkout.

Popular Platforms to Buy Steam Gift Cards with Naira

You can buy Steam cards to fund your wallet on different platforms and pay in naira. Some of the most popular platforms are:

  • The Steam platform
  • Prestmit
  • Amazon
  • Cardvest
  • Nosh
  • Cardtonic

How to Sell a $20 Steam Gift Card for Naira

Do you have a Steam gift card that you want to cash in naira? You can sell to trusted digital stores like Prestmit. Follow the steps below to sell your Steam card for naira,

  • Open your Prestmit app and log in
  • Click the Menu and select Gift card
  • Under the Gift Card Category, select Steam
  • Under Gift Card Type, select USA Steam Physical
  • Enter the amount and choose Nigerian Naira as your currency type.
  • The rate will be displayed, and you can go right ahead to sell. 


Gaming platforms like Steam make it easy for game enthusiasts to enjoy access to games and game-building software through credit in their Steam wallet. Thankfully, you can fund your wallet with naira.

Considering that you can buy wallet credit through cards or e-codes sent to your email, it’s justified to want to know the going rate for $20 steam in naira. And currently, $20 Steam is N11,100 for the physical card, while the e-code is N10,500. If you want to convert any other amount, feel free to use our Rate Calculator.