Doubt over transparency of presidential election may dampen foreign investors confidence -Operators, Why we sued FG, others over national carrier project AON. Furthermore, an exchange rate of N462/$1 was the highest rate recorded during intra-day trading before it settled at N461.17/1, while it traded for as low as N440/$1 during intra-day trading. The Central Bank of Nigeria is the sole issuer of legal tender money throughout the Federation. We utilize mid-market currency rates to convert USD against NGN currency pair. than the $109.82 million that was traded in the previous session. 20 Billion USD to INR - US Dollars to Indian Rupees. The same was recorded in the last three trading sessions. Nigerias external reserves however, stood at $37.2 billion as of 9thJanuary 2023, representing a0.09% increasefrom the $37.16 billion recorded as 6thDecember 2022, indicating a fourthsuccessive increase in the nations reserve level. The exchange rate at the official market closed at N461.75/$1 on Friday, 27th January 2023, a 0.11% depreciation from N461.25/$1 recorded on Thursday, 26th January 2023. Online interactive currency converter & calculator ensures provding actual conversion information of world currencies according to Open Exchange Rates and Enter the amount to be converted in the box to the left of Nigerian Naira. On the other hand, the exchange rate at the cryptocurrency P2P exchange depreciated by 0.3% on Wednesdaymorning to trade at a minimum of N747.85/$1 from N745.75/$1 recorded as of the same time on Tuesday. The exchange rate at the official market closed at N461.5/$1 on Monday, 30th January 2023, a 0.05% appreciation from N461.75/$1 recorded on Friday, 27th January 2023. The opening indicative rate closed at N460.9/$1 on Tuesday. Also, the exchange rate at the investors and exporters (I&E) window depreciated marginally to N462/$1 following a streak of stability for three consecutive days at N461.5/$1. 20 USD. The exchange rate at the official market closed at N461.7/$1 on Wednesday, 25th January 2023, a 0.06^appreciation from N462/$1 recorded on Tuesday, 24th January 2023. The Nigerian Naira is divided into 100 kobo. analyse and verify our content before relying on them. President Elect Bola Tinubu; How will you address these foreign exchange challenges? Naira depreciatedagainst the US dollaron Thursday, 23rd February 2023 at the black market to trade at an average of N765/$1, representing a0.39%depreciation from N762/$1 recorded in the previous trading session. The nations externalreserves likewise, declined further for the fourth consecutive day to $36.78 billion on Thursday from $36.79 billion. The current exchange rate is equivalent to 0.00217. Also, the exchange rate between the naira and the US dollar depreciated marginally at the cryptocurrency P2P exchange market trading at an average of N753.13/$1 on Wednesday morning, 22nd February 2023, against N753.1/$1 recorded on Tuesday. You won't receive this rate when sending money. Nigerias external reserves fell for the tenth straight day to stand at $37.01 billion as of 30th January 2023, representing a decline of 0.09% from the $37.04 billion recorded as of 27th January 2023. Furthermore, an exchange rate of N462.09/$1 was the highest rate recorded during intra-day trading before it settled at N461.25/1, while it traded for as low as N446/$1 during intra-day trading. 3371.96000 NGN. We use two factor authentication to protect your account. Furthermore, an exchange rate of N462.41/$1 was the highest rate recorded during intra-day trading before it settled at N461.33/1, while it traded for as low as N406.75/$1 during intra-day trading. 1000000.00 NGN = 2171.27 USD Follow news in the Economic Calendar. The exchange rate at the official market closed at N461.9/$1 on Friday, 13th January 2023, from N461.17/$1 recorded in the previous trading session. Similarly, the exchange rate at the cryptocurrency P2P exchange depreciated on Mondaymorning to trade at a minimum of N752.4/$1, a 0.83% downturncompared to N746.2/$1 recorded as of the same time last week Friday, 27th January 2023. Over the last 7 days, the best beneficial exchange rate was $43,572,984.75. Our smart tech means were more efficient which means you get a great rate. Furthermore, an exchange rate of N462/$1 was the highest rate recorded during intra-day trading before it settled at N461.7/1, while it traded for as low as N440/$1 during intra-day trading. There are values from coins (cents) to thousands, millions . The exchange rate at the official market closed at N461.33/$1 on Thursday, 23rd February 2023, a 0.06% appreciation from N461.33/$1 recorded on Wednesday, 22nd February 2023. USD US Dollar Country United States of America Region North America Sub-Unit 1 Dollar = 100 cents Symbol US$ The U.S. dollar is the currency most used in international transactions. 20,000,000.00 The NGN conversion factor has 5 significant digits. The exchange rate between the naira and the US dollar on the black market appreciated on Wednesday 18th January 2023, trading at an average of N746/$1. Bill Gates earned his first fortune as the. The symbol for NGN can be written N. Furthermore, an exchange rate of N462/$1 was the highest rate recorded during intra-day trading before it settled at N461.5/1, while it traded for as low as N446/$1 during intra-day trading. Similarly, the exchange rate between the naira and the US dollar fell further by 0.13%at the cryptocurrency P2P exchange market, trading at an average of N754.1/$1 on Thursday morning, 23rd February 2023, compared to N753.13/$1 recorded on Wednesday. That means only you can get to your money. The exchange rate at the official market closed at N461.9/$1 on Wednesday. Historical Exchange Rates For United States Dollar to Nigerian Naira 120-day exchange rate history for USD to NGN Quick Conversions from United States Dollar to Nigerian Naira : 1 USD = 460.48744 NGN Last Updated 2/28/2023 1:29:04 AM Europe The nations external reserves, stood at $36.72 billion as ofTuesday, 21st February 2023 from $36.73 billion recorded the previous day. Furthermore, an exchange rate of N462.55/$1 was the highest rate recorded during intra-day trading before it settled at N462/1, while it traded for as low as N423/$1 during intra-day trading. Meanwhile, the exchange rate at the investors and exporters (I&E) window closed at N461.17/$1 on Thursday, 12th January 2023, a 0.16% appreciation from N461.9/$1 recorded in the previous trading session. Several countries use the U.S. dollar as their official currency, and many others allow it to be used in a de facto capacity. Forex turnover at the official market increased by 251.70% to $208.91 million on Monday, 13th February 2023, compared to the $59.40 million that was transacted in the previous session. A sum of $ 40.24 million in FX value was transacted at the I&E window on Thursday, which is27.52%lowerthanthe $55.52 million that was traded in the previous session. I would like to send some money to my friend who is an American via Western Union. Buying Rate. Similarly, the exchange rate at the cryptocurrency P2P exchange depreciated by 0.50% on Tuesday morning to trade at a minimum of N747.7/$1, compared to N743.95/$1 recorded as of the same time on Monday. Receive daily email about the USD NGN exchange rate. The exchange rate at the official market closed at N461.5/$1 on. Meanwhile, the nations currency appreciated against the US dollar at the cryptocurrency P2P exchange market to trade at an average of N745.98/$1 on Wednesday morning, 1st March 2023, representing an improvement of 0.60% compared to N750.5/$1 recorded on Tuesday. A sum of $105.37 million in FX value was transacted at the I&E window on Wednesday, which is 43.49% higherthan the $85.04 million that was traded in the previous session. The appreciation of the local currency is onthe increased demand of naira across the country, following the CBN new naira design policy. The exchange rate at the official market closed at N461.25/$1 on Wednesday, 18th January 2023, an 0.05% appreciation from N461.5/$1recorded in the previous trading session. In the same vein, the naira depreciated against the US dollar at the cryptocurrency P2P exchange market trading at an average of N756.6/$1 on Friday morning, 17th February 2023, from N755.9/$1 recorded in the previous trading session. In the other states, the program is sponsored by Community Federal Savings Bank, to which we're a service provider. As of today at 20:00PM UTC two billion five hundred million naira is equal to $5,437,943.24 (USD) or five million four hundred thirty-seven thousand nine hundred forty-three us dollars 24 cents. The exchange rate between the naira and the US dollar traded for an average of N745/$1 on Thursday, 2nd February 2023, the same rate as recorded on Wednesday, 1st February 2023. In 2021, the value reached around 173.5 trillion. Live Currency Exchange Converter Amount: From: Similarly, the exchange rate at the investors and exporters (I&E) window closed at N461.25/$1 on Wednesday, 18th January 2023, recording a slight improvementcompared to N461.5/$1 that it closed at the end of the previous trading session. Nigerian Naira to South African Rand conversion Last updated Feb 27, 2023, 17:44 UTC Convert Nigerian Naira to South African Rand Convert South African Rand to Nigerian Naira NGN to ZAR Chart +9.81% (1Y) 1 NGN = 0.0399766 ZAR Feb 27, 2023, 18:01 UTC The exchange rate at the official market closed at N461.17/$1 on Wednesday, 8th February 2023, a 0.07% appreciation from N462.5/$1 recorded on Tuesday, 7thFebruary 2023. Meanwhile, the exchange rate at the official investors and exporters (I&E) window appreciated slightly on Friday, 30th December 2022 to close at N461.5/$1, although it represents 5.7% downturn from 2022 year. Notably, a total of $151.26 million was traded on Wednesday, against the $117.63 million that exchanged hands in the previous day. can money be convert before sending to Nigeria, and the easy way to receievd it. EMEA +44 20 7330 7500. The opening indicative rate closed at N456.17/$1 onWednesday, 4thJanuary2023. Receive daily email about the USD NGN exchange rate, Trusted by millions of customers globally. The exchange rate between the naira and the US dollar at the black market appreciated slightlyby 0.27% on Friday, 20th January 2023, trading at an average of N746/$1 compared to N748/$1 recorded on the previous day. Similarly, the exchange rate at the cryptocurrency P2P exchange appreciated on Friday morning to trade at a minimum of N746.2/$1, a 0.52% appreciation compared to N750.09/$1 recorded as of the same time in the previous trading session. Specifically, a total of $88.95 million was traded on Thursday, against the $151.26 million that exchanged hands in the previous day. . The exchange rate between the naira and the US dollar at the black marketremained flat at N745/$1 on Tuesday morning, 10thJanuary 2023. The exchange rate between the naira and the US dollar strengthened on Tuesday, 20th February 2023 to trade at an average of N760/$1, representing a 1.94% appreciation compared to N775/$1 recorded in the previous trading session. Our currency converter will show you the current rate and how its changed over the past day, week or month. The exchange rate for the Nigerian Naira was last updated on March 1, 2023 from Yahoo Finance. Also, the exchange rate at the cryptocurrency P2P exchange improved marginally to trade at a minimum of N752/$1, on Tuesday morning from N752.4/$1 recorded on Mondays trading session. The opening indicative rate closed at N460.25/$1 onWednesday. I already have the address. 01 Mar 2023 00:44:20 The exchange rate has remained stable following the increased cash demand across the country as black-market traders have lamented the lack of cash in the market. Selling Rate. On the other side, the exchange rate at the investors and exporters (I&E) window appreciated by 0.14% to close at N461.5/$1 on Tuesday, from N462.17/$1 recorded on Monday, 6th February 2023. Furthermore, an exchange rate of N462/$1 was the highest rate recorded during intra-day trading before it settled at N461.67/$1, while it traded for as low as N425/$1 during intra-day trading. 5 USD. Nigerias external reserves stood at $36.82 billion as of Thursday, 9th February 2023, slightly lower than the previous day, representing the fifth consecutive day of decline. NGN The exchange rate at the official market closed at N461.5/$1 on Tuesday. The exchange rate between the naira andthe US dollarappreciated on Friday, 24th February 2023 at the black market to trade at an average of N760/$1. . The exchange rate between the naira andthe US dollar at the black market depreciated on Tuesday, 28th February 2023 by 0.26%to trade at an average of N760/$1, from N758/$1 recorded in the previous trading session. The opening indicative rate closed at N461.1/$1 onThursday, 2ndFebruary2023. Convert 100000000 Nigerian naira to US Dollar using latest Foreign Currency Exchange Rates. The answer is at the beginning of the page, the exchange rate Nigerian Naira v US Dollar is updated hourly. Welcome to the online US Dollar Calculator tool. Furthermore, an exchange rate of N462/$1 was the highest rate recorded during intra-day trading before it settled at N461.9/1, while it traded for as low as N440/$1 during intra-day trading. Banks often advertise free or low-cost transfers, but add a hidden markup to the exchange rate. On the other hand, the exchange rate at the cryptocurrency P2P exchange depreciated onThursday, 2ndFebruary 2023 to a minimum of N746.22/$1, from N755.5/$1 recorded in the previous trading session. Click on United States Dollars or Nigerian Nairas to convert between that currency and all other currencies. Meanwhile, the exchange rate at the investors and exporters (I&E) window closed at N461.5/$1 on Monday, 30th January 2023, representing a 0.05% appreciation compared to N461.75/$1 recorded in the previous trading session. Forex turnover however decreased by 50.75% at the official exchange to $40.28 million on Monday, against the $81.78 million that exchanged hands last week Friday. Calculator to convert money in Nigerian Naira (NGN) to and from United States Dollar (USD) using up to date exchange rates. Forex turnover however increased by 0.07% on Friday to $119.43 million, from $119.35 million that exchanged hands on Thursday. The United States Dollar is also known as the American Dollar, and the US Dollar. The exchange rate between the naira and the US dollar traded for an average of N745/$1 on Wednesday, 1st February 2023, representing a 0.80% appreciation when compared to N751/$1 recorded in the previous trading session. Meanwhile, naira appreciated marginally against the US dollar at the investors and exporters (I&E) window to close at N461.5/$1 on Wednesday, 15th February 2023 from N461.67/$1 recorded on Tuesday. This is according to information from black market FX traders who spoke to Nairametrics. representing a decrease of 0.03% from the $37.20 billion recorded as of 19th January 2023. . 5 CAD. The exchange rate between the naira andthe US dollar strengthened on Monday, 27th February 2023 at the black market to trade at an average of N758/$1, representing an appreciation of 0.26%from N760/$1 recorded in the previous trading session. Hold over 20 currencies. The exchange rate at the official market closed at N461.5/$1 on Tuesday, 10thJanuary 2023, from N461.67/$1 recorded in the previous trading session. January 2023, a 0.05% depreciation from N461.25/$1recorded in the previous trading session. Forex turnover however surged by 116.3% on Fridayto $97.67million, from $45.16 million that exchanged hands in the previous session. A total of $89.54 million in FX value was traded at the official exchange on Wednesday, representing a 30.05% increase when compared to the $68.85 million that exchanged hands in the previous day. Wise gives you the real, mid-market, exchange rate, so you can make huge savings on your international money transfers. Nigerias external reserves fell for the eleventhstraight day to stand at $36.99 billion as of 31st January 2023, representing a decline of 0.03% from the $37.01 billion recorded as of 30th January 2023. A total of $79.05 million was traded at the official market on Friday, a marginal increase compared to $68.14 million that exchanged hands the previous day. A total of $69.72 million in FX value was transacted at the official exchange on Thursday, representing a 22.14% decrease againstthe $89.54 million that exchanged hands in the previous day. Nigerias external reserve stood at $37.09 billion as of 29th December 2022, an increase of 0.04% from the $36.08 billion recorded as of the previous day. Furthermore, an exchange rate of N462.5/$1 was the highest rate recorded during intra-day trading before it settled at N461.5/1, while it traded for as low as N460/$1 during intra-day trading. The U.S. dollar is the currency most used in international transactions. Furthermore, an exchange rate of N462.02/$1 was the highest rate recorded during intra-day trading before it settled at N461.5/1, while it traded for as low as N446/$1 during intra-day trading. The exchange rate between the naira and the US dollar at the black market weakened on Monday, 13th February 2023, trading atan average of N756/$1, compared to N755/$1 recorded over the weekend. Help when there is need to convert currency!!! On this page you can find out how much cost any amount of USD in other currency. A year ago today, on this day, they provided the equivalent of 20,000,000,000.00 naira for $48,088,469.28 us dollars, which is $4,741,309.16 more than it is now. Furthermore, an exchange rate of N462/$1 was the highest rate recorded during intra-day trading before it settled at N461.25/1, while it traded for as low as N440/$1 during intra-day trading. The exchange rate at the official market closed at N462/$1 on Monday, 27th February 2023, a 0.18% depreciation from N461.17/$1 recorded on Friday, 24th February 2023. A sum of $153.3 million in FX value was traded at the I&E window on Friday which is 39.02% higher than the $110.27 million that exchanged hands in the previous session. Banks and traditional providers often have extra costs, which they pass to you by marking up the exchange rate. Likewise, the exchange rate at the investors and exporters (I&E) window closed flat atN461.67/$1 on Monday, 9th January 2023. Meanwhile, the exchange rate at the investors and exporters (I&E) window appreciated slightly to close at N461.17/$1 on Wednesday, from N462.15/$1 recorded on Tuesday, 7th February 2023. The table shows the data and analysis of the variations. The exchange rate at the official market closed at N461.33/$1 on Tuesday, 21st February 2023, a 0.04% appreciation from N461.5/$1 recorded on Monday, 20th February 2023. The USD conversion factor has 6 significant digits. Inverse: 20,000,000,000.00 USD = 9,227,824,820,000.00 NGN, Best 20,000,000,000 NGN to USD Exchange Rate. This is for informational purposes only. A sum of $153.3 million was transacted at the official exchange on Friday, from the $110.27 million that exchanged hands on Thursday,an increase of 39.02%. Today's Value of 20,000,000 Dollars in Nigerian Naira is 8,970,995,400 (NGN). The opening indicative rate closed at N460.25/$1 on. The opening indicative rate closed at N459.25/$1 onTuesday, 3rdJanuary2023. The exchange rate at the official market closed at N461.67/$1 on Tuesday, 14th February 2023, a 0.15% depreciation from N461/$1 recorded on Monday, 13th February 2023. The exchange rate between the naira and the US dollar appreciatedon Thursday, 5thJanuary 2023 trading at an average of N730/$1 at the black market, an improvement of 0.82%from N736/$1 that wasrecorded in the last three trading days. adunit = 'nairametrics.com_336x336_responsive_DFP', Rates are based on real time exchange rates. Furthermore, an exchange rate of N462/$1 was the highest rate recorded during intra-day trading before it settled at N461.5/$1, while it traded for as low as N440/$1 during intra-day trading. Likewise, the exchange rate at the cryptocurrency P2P exchange depreciated on Wednesday, 8th February 2023, trading at aminimum of N747.30/$1, a 0.09% fallagainst N746.6/$1 recorded in the previous trading session. Meanwhile, the exchange rate at the investors and exporters (I&E) window closed at N461.5/$1 on Friday, 20th January 2023, the same as recorded in the previous trading session. Meanwhile, naira depreciated against the US dollar at the investors and exporters (I&E) window by 0.15% to close at N461/$1 on Tuesday, 14th February 2023 from N461/$1 recorded on Monday. However, Forex turnoverat the official market decreasedfurther by 25.56% on Wednesday to $55.52 million, from $74.58 million that exchanged hands on Tuesday. Furthermore, an exchange rate of N462/$1 was the highest rate recorded during intra-day trading before it settled at N461.75/1, while it traded for as low as N446/$1 during intra-day trading. A sum of $55.54 million in FX value exchanged hands at the I&E window on Wednesday, which is 0.04% higher than the $55.52 million that was traded in the previous session. The exchange rate between the naira and the US dollar at the black market depreciated by 0.27% to trade an average of N748/$1 on Thursday 19th January 2023, compared to N746/$1 recorded on the previous day. Nigerias external reserves fell for the fourth consecutive day, depreciating by 0.09% to stand at $36.82 billion as of Wednesday, 8th February 2023 from $36.86 billion recorded in the previous day. The exchange rate between the naira and the US dollar weakened at the black market on Friday, 3rd February 2023, to trade to an average of N748/$1, representing a 0.4% depreciation compared to N745/$1 recorded on Thursday, 2nd February 2023. Nigerias external reserves however, stood at $37.206 billion as of 13th January 2023, representing a marginal decrease of 0.002% from the $37.206 billion recorded as 12th December 2022, a reversal from the seventh consecutive increase it had recorded. Meanwhile, Nigerias external reserves stood at $37.208 billion as of 17th January 2023, representing a decrease of 0.006% from the $37.210 billion recorded on 16th January 2023. Our smart tech means were more efficient which means you get a great rate. For the basic conversion, we use the midpoint between the buy and sell rates of NGN to USD at currency exchanges across the globe. On the other hand, the exchange rate at the cryptocurrency P2P exchange market depreciated marginally by 0.09%to N755.9/$1on Thursday morning, 16th February 2023, from N755.18/$1 recorded in the previous trading session. 2174.20 2,000,000 4348.41 5,000,000 10,000,000 20,000,000 50,000,000 100,000,000 NGN rate February 28, 2023 USD NGN coinmill.com 0.50 230 1.00 460 2.00 A total of $69.33 million was traded at the official market on Wednesday, a significant drop of 54.82% compared to the $153.45 million that exchanged hands the previous day. Nigerias external reserves however, stood at $37.16 billion as of 6thJanuary 2023, representing a0.03% increasefrom the $37.11 billion recorded as 4thDecember 2022, indicating a third successive increase in the nations reserve level. The opening indicative rate closed at N461.5/$1 on Monday, 30th January 2023. childNetworkId = '21634543682', The exchange rate between the naira and the US dollar at the black market appreciated on Wednesday, 11th January 2023 to trade at an average of N745/$1. The exchange rate at the official market closed at N461.67/$1 on Monday, 9thJanuary 2023, the same rate as recorded on Friday last week. The opening indicative rate closed at N461.2/$1 on Tuesday, 24th January 2023. Furthermore, an exchange rate of N462/$1 was the highest rate recorded during intra-day trading before it settled at N461.5/1, while it traded for as low as N440/$1 during intra-day trading. The current exchange rate is 459.7326. A sum of $55.52 million in FX value exchanged hands at the I&E window on Tuesday, which is 72.04% lower than the $198.6 million that was traded in the previous session. Read our reviews at Trustpilot.com. 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