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!
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
If you are a gamer or just a general user, Steam allows you to have your wallet in your local currency as long as your currency is supported.
Unfortunately, as of today, Steam does not support the naira, which means your Steam wallet will default to a supported currency, typically USD (U.S. Dollar).
Also, you need to understand that the Steam gift card conversion rate is not constant. For example, a $20 Steam gift card I converted a few months ago was worth ₦30,000. Today, using Prestmit’s automated gift card rate calculator, it’s worth ₦22,800.
This shows that due to certain factors such as exchange rate fluctuations, inflation rate, and much more, the worth of a $20 Steam gift card in naira could be higher or lower today than it was yesterday.
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.
How Much is 20 USD Steam Gift Card in Naira?
At the time of writing this article, the naira value of $20 Steam gift card is between N21,000 and N24,000. It is important for you to note that the card value in naira is not fixed as it is a function of the aforementioned factors.
What a $20 Steam Gift Card Can Get You in 2025
A $20 Steam gift card gives you a Steam Wallet balance of $20, which can go a long way depending on the kinds of games you are into and how smart you are with spending. Here’s a breakdown of what you can typically expect to buy with it:
1. One or Two Indie Games
Popular indie titles like Look Outside, and Pseudoregalia usually cost between $5 and $15. A $20 balance can easily get you two well-rated indie games, or even more if they’re on sale.
2. Big Games During Steam Sales
Steam’s seasonal sales (Spring, Summer, Autumn, Winter) usually offer up to 90% off on popular games.
Games like Red Dead Redemption 2, The Witcher 3, or Elden Ring might drop to $15–$20 during these events. So, your $20 Steam gift card could get you one premium game, if you time your purchase well.
3. In-Game Items or DLCs
You can also use the $20 for microtransactions or downloadable content (DLCs) in games like:
- CS:GO skins
- Dota 2 items
- FIFA Ultimate Team packs
- GTA V Shark Cards
It’s perfect for topping up your game experience without buying a full new game.
4. Game Bundles or Packs
Platforms like Humble Bundle or publishers on Steam often sell bundles with multiple games for the price of one. $20 can fetch you 4 to 10 games in a bundle, especially older but still fun titles.
5. Early Access or Beta Games
A growing number of developers release games in Early Access on Steam for $10–$20. You can use your card to support smaller developers and enjoy games before their full release.
How to Buy a $20 Steam Gift Card With Naira
Are you interested in buying a $20 Steam gift card with naira? Well you can do just that seamlessly on Prestmit. Simply follow the steps below:
Step 1: Visit the official Prestmit website or download the Prestmit app on Google Play Store or Apple App Store
Step 2: Open the Prestmit app and log in
Step 3: Select “Gift Cards” and click on “Buy Gift Cards”
Step 4: Under the Gift Card List, Select “Steam US for $20”
Step 5: Input $20 in the Amount box and proceed
Step 6: Verify the naira amount required and select your naira wallet or naira bank transfer as your payment method
Step 7: Input your transaction PIN to complete your purchase
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,
Step 1: Download the official Prestmit app on Google Play Store or Apple App Store
Step 2: Open the Prestmit app and log in
Step 3: Click “Gift Cards” and select “Sell Gift Cards”
Step 4: Select “Naira” as your payment method
Step 5: Under Gift Card Category, select “Steam”
Step 6: Under Gift Card Form, select “Physical” and select “USA” under country
Step 7: Under the gift card type/sub-category, select “USA Steam Physical”
Step 8: Enter $20 as the amount and upload the gift card image
Step 9: The rate will be displayed, and you can go right ahead to sell
Steam’s Regional Pricing Policy and How it Affects Nigerian Gamers
Steam’s regional pricing policy is designed to make games more affordable for users in different parts of the world.
Instead of having a fixed global price in U.S. dollars, Steam adjusts the price of games based on the local economic conditions, currency strength, and average income of each country or region.
This means the cost of a game in the U.S. may not be the same as in Argentina, India, or Turkey even though it’s the same game. The goal is to make games more affordable and accessible in countries with weaker currencies or lower purchasing power.
For example, a game that costs $60 in the U.S. might be priced at ₹3,000 in India or ₺600 in Turkey, which is significantly cheaper when converted to USD.
This pricing is automatically applied when a user’s account region is tied to a supported country and currency.
How It Affects Nigerian Gamers
Unfortunately, Nigeria is not among the countries with localized pricing or currency support on Steam. As a result:
1. Games Are Priced in USD
Nigerian gamers must pay for games in U.S. dollars, regardless of local economic realities. This often makes games more expensive relative to average Nigerian income.
2. No Local Currency Support
Unlike regions with regional pricing, Nigerians cannot load their Steam Wallet or make purchases in naira. But they either use Steam gift cards or a virtual USD card. Banks often block or limit international transactions, which makes it harder to use debit cards for Steam purchases.
3. No Price Discounts Based on Region
Nigerian users pay the same prices as U.S. users, which can be unfair considering the economic difference. A $60 game may be affordable to a U.S. gamer, but for many Nigerians, that’s over ₦90,000, equivalent to basic monthly expenses.
4. Steam Gift Cards Become a Workaround
Due to these limitations, many Nigerian gamers rely on Steam gift cards purchased online or from vendors to top up their accounts. This creates a secondary market where gift card rates vary based on demand, dollar value, and economic conditions.
Frequently Asked Questions (FAQs) About $20 Steam Card In Naira
How do I Get a Steam Gift Card?
You can get a Steam gift card by receiving it through your Steam account from a friend or loved one or by patronizing retail stores or online vendors that sell them at different denominations.
Is a $20 Steam Gift Card Too Cheap?
No, a $20 Steam gift card isn’t too cheap. It’s just the perfect type of gift card to gift your friends or coworkers. However, you can always opt for higher Steam gift cards if you want to gift it to someone very special to you.
Can I Sell My $20 Steam Gift Card Online?
Yes, you can sell your $20 Steam gift card online. Platforms like Prestmit are well known for offering this service, enabling you to perform fast and secure transactions while you receive the best rates in return.
Conclusion
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.
