The exchange rate between the naira and the US dollar depreciated slightly by 0.13% on Thursday, 26th January 2023 to trade at an average of N751/$1 compared to N750/$1 recorded in the previous trading session. The exchange rate at the official market closed at N461.17/$1 on Friday, 24th February 2023, a 0.03% appreciation from N461.33/$1 recorded on Thursday, 23rd February 2023. Meanwhile, the exchange rate at the official investors and exporters (I&E) window started the year on a positive note with a 0.11% gain to close at N461/$1 from N461.5/$1 recorded as of the last session of 2021. 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. Furthermore, an exchange rate of N465.5/$1 was the highest rate recorded during intra-day trading before it settled at N461.5/1, while it traded for as low as N440/$1 during intra-day trading. However, Forex turnover at the official market fell to its lowest since October 24th 2022 to $40.24 million, representing a 27.52% decline compared to $55.52 million that exchanged hands on Wednesday. The exchange rate at the official market closed at N461/$1 on Monday, 13th February 2023, a 0.11%. Check send rates. The exchange rate between the naira and the US dollar at the black marketappreciated on Thursday, 12th January 2023 to trade at an average of N735/$1. The opening indicative rate closed at N461.7/$1 on Wednesday, 25thJanuary 2023. Banks often advertise free or low-cost transfers, but add a hidden markup to the exchange rate. You should conduct your own research, review, Nigerias external reservesstood at $36.82 billion as of Thursday, 9thFebruary 2023, slightly lower than the previous day, representing the fifth consecutive day of decline. 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. Popular Nigerian Naira (NGN) Currency Pairings NGN to USD NGN to GBP NGN to JPY NGN to CAD NGN to AUD NGN to CHF NGN to CNY The world's most popular currency tools Xe International Money Transfer Send money online fast, secure and easy. Check send rates US Dollar to Nigerian Naira conversion Last updated Feb 28, 2023, 12:59 UTC On the other hand, forex turnoverat the official market increased by 47.61% to $59.40 million on Friday, 10th February 2023,compared to the $40.24 million that was transactedin the previous session. The naira is the currency of Nigeria. The exchange rate between the naira and the US dollar depreciated slightly on Friday, 17th February 2023 at the black market, trading at an average of N756/$1, a 0.13% depreciation from N755/$1recordedprevious trading session. EMEA +44 20 7330 7500. Convert 100000000 Nigerian naira to US Dollar using latest Foreign Currency Exchange Rates. Simply type in the box how much you want to convert. The opening indicative rate closed at N461.5/$1 onFriday, 17thFebruary 2023. Set an alert now, and well tell you when it gets better. 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. However, they also added that in some cases the rate could vary depending on the form of transaction, cash or transfer. 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. Specifically, the traders noted that the buy FX from customers at an average of N745/$1 and sell for N755/$1. The symbol for USD can be written $. 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 exchange rate used for the USD/NGN currency pair was : 460.56. A sum of $68.85 million in FX value was transacted at the I&E window on Tuesdaywhich is 67.04% lower than the $208.91 million that exchanged hands in the previous session. The opening indicative rate closed at N461.25/$1 on Friday, 24th February 2023. 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 high demand according to the trader is because of Nigerians who want to pay for school fees abroad, purchase assets, and send funds to children abroad amongst others. The opening indicative rate closed at N461.3/$1 on Thursday, 26thJanuary 2023. Representing an uptrend of 0.41% compared to N738/$1 recorded on Wednesday. A year ago today, on this day, they provided the equivalent of $1,000,000,000.00 us dollars for 415,738,022,000.00 naira, which is 45,125,384,000.00 less than it is now. The exchange rate between the naira and the US dollar depreciated marginally by 0.26% on Wednesday, 22nd February 2023 to trade at an average of N762/$1, from N760/$1 recorded in the previous trading session. You always get the best exchange rate with Wise, whether you send, spend, or convert money in dozens of currencies. can money be convert before sending to Nigeria, and the easy way to receievd it. On the other hand, the exchange rate at the cryptocurrency P2P exchange depreciated by 0.02% on Tuesday morning to trade at a minimum of N745.6/$1 from N745.6/$1 recorded as of the same time on Monday. On the flip side, the exchange rate at the cryptocurrency P2P exchange appreciated by 0.16% onFriday, 3rdFebruary 2023 to a minimum of N745/$1, as againstN746.22/$1 recorded in the previous trading session. 2294.73500 NGN. The exchange rate at the official market closed at N461.63/$1 on Monday, 23rd January 2023. I must confess i got the perfect currency cnverter i was looking for here. A total of $117.63 million in FX value was traded at the window, compared to $47.13 million that exchanged hands on Monday. 4589.47000 NGN. 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. 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. Meanwhile, the exchange rate at the investors and exporters (I&E) window closed at N461.5/$1 on Tuesday, 16th January 2023, maintaining the same rateit recorded in the previous trading session. This is for informational purposes only. 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. "Bilateral trade between both countries in the year 2021-22 had risen substantially over the previous year to touch 14.95 billion dollars. in Nigerian Naira is 9,211,196,440 (NGN). The exchange rate for the United States Dollar was last updated on February 28, 2023 from The International Monetary Fund. 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 exchange rate at the official market closed at N461.6/$1 on Wednesday, 22nd February 2023, a 0.06% depreciation from N461.33/$1 recorded on Tuesday, 21st February 2023. Live tracking and notifications + flexible delivery and payment options. The opening indicative rate closed at N461.5/$1 on Monday, 30th January 2023. NGN - Nigerian Naira 1 Zimbabwean Dollar = 1.27 23995 Nigerian Nairas 1 NGN = 0.785917 ZWD We use the mid-market rate for our Converter. How much is $20,000,000.00 - the twenty million us dollars is worth 9,194,652,800.00 (NGN) today or nine billion one hundred ninety-four million six hundred fifty-two thousand eight hundred naira as of 01:00AM UTC. For the basic conversion, we use the midpoint between the buy and sell rates of NGN to USD at currency exchanges across the globe. Must we have Basic Travel Allowance to come to Malaysia? NGN In the third quarter of 2022, Nigeria's Gross Domestic Product stood at 45.3 trillion Nigerian naira (NGN), around 101 billion U.S. dollars. 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. I needed to get a Flight ticket to the us and wants to know how much it will cost in USD. Our currency converter is simple to use and also shows the latest currency rates. 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. The local currency at the cryptocurrency P2P exchange depreciated on the other hand against the US dollar by 0.18% on Friday, 10th February 2023, trading at a minimum of N748.8/$1, as against N747.48/$1 recorded in the previous trading session. The exchange rate at the official market closed at N461.5/$1 on Thursday, 5thJanuary 2023, representing a 0.04% appreciation from N461.67/$1 recorded on Wednesday. In the majority of cases, this data is sufficient to predict future changes. The exchange rate at the official market closed at N461.25/$1 on Thursday, 26th January 2023, a 0.10% appreciation from N461.7/$1 recorded on Wednesday, 25th January 2023. A sum of $69.72 million in FX value was traded at the I&E window on Thursdaywhich is 22.14% lowerthan the $89.54 million that exchanged hands in the previous session. analyse and verify our content before relying on them. 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. We use the mid-market rate for our Converter. The exchange rate between the naira and the US dollar at the black market remained flat on Friday, 10th February 2023, trading at an average of N740/$1, which is the same rate recorded on Thursday, 9th February 2023. Explore the account used by 13 million people to live, work, travel and transfer money worldwide. A sum of $96.81 million in FX value exchanged hands at the I&E window on Friday, which is 55.6% lower than the $217.86 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. This is for informational purposes only. This Nigerian Naira and United States Dollar convertor is up to date with exchange rates from March 1, 2023. Meanwhile, forex turnover fell by 40.38% to $47.13 million compared to $79.05 million that exchanged hands in the previous trading session. 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. 1685.98000 NGN. Also, the exchange rate at the cryptocurrency P2P exchange weakenedmarginally by 0.11% on Tuesday, 7th February 2023 to trade at a minimum of N746.6/$1, as against N745.77/$1 recorded in the previous trading session. Convert United States Dollar To Nigerian Naira 1 USD = 459.964879 NGN Mar 01, 2023 13:10 UTC. The U.S. dollar is the currency most used in international transactions. Naira remained flat against the US dollar at the black market on Tuesday, 14th February 2023, trading at an average of N756/$1, this is the same rate recorded on Monday, 13th February 2023. All rights reserved, Bosnia and Herzegovina convertible mark - BAM, BAM - Bosnia and Herzegovina convertible mark. The opening indicative rate closed at N461.3/$1 on Thursday, 23rd February 2023. The Nigerian Naira is the currency in Nigeria (NG, NGA). India's Minister of State of External Affairs, Shri V. Muraleedharan said that there are 135 Indian companies operating in Nigeria with investments worth 20 billion dollars. President Elect Bola Tinubu; How will you address these foreign exchange challenges? 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 opening indicative rate closed at N461.5/$1 on Tuesday, 7thFebruary 2023. How much is the price of flight ticket from Osogbo,Nigeria to Malaysia? 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. For two million dollars you get today 920,940,862 naira 00 kobo. Meanwhile, the exchange rate at the investors and exporters (I&E) window closed at N461.7/$1 on Wednesday, 25th January 2023, representing a 0.06% improvement compared to N462/$1 recorded in the previous trading session. The exchange rate at the official market closed at N462/$1 on Thursday, 16th February 2023, a 0.11% depreciation from N461.5/$1 recorded on Wednesday, 15th February 2023. Use "Swap currencies" to make United States Dollar the default currency. A total of $176.24 million was traded at the exchange on Friday, an increase of 23.95% compared to the $142.19 million that exchanged hands the previous day. However, a sum of $48.09 million was transacted at the official exchange on Tuesday, which is lower by 11.55%, from the $54.37 million that exchanged hands on Monday. According to FX traders, the downturn was expected at the beginning of the year, due to increased demands for foreign exchange in the country. xmlhttp = new XMLHttpRequest();xmlhttp.onreadystatechange = function(){if(xmlhttp.readyState==4 && xmlhttp.status==200){var es = document.querySelectorAll("[data-id='"+adunit+"']");var e = Array.from(es).filter(function(e) {return !e.hasAttribute("data-rendered")});if(e.length > 0){e.forEach(function(el){var iframe = el.contentWindow.document;iframe.open();iframe.write(xmlhttp.responseText);iframe.close();el.setAttribute('data-rendered', true)})}}};var child=childNetworkId.trim()? 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. The exchange rate at the official market closed at N461.5/$1 on Monday, 16th January 2023, compared to N461.9/$1 recorded in the previous trading session. Reverse : 20000000 NGN to USD, This website uses cookies to ensure you get the best experience on our website. And will they convert it to Naira upon arriving there? There are values from coins (cents) to thousands, millions . Be on the lookout for any changes, ready up-to-date. Naira depreciated against the US dollarat the black market, on Friday, 6thJanuary 2023,trading at an average of N731/$1, a0.14%depreciation compared to N730/$1 recorded in the previoustrading day. The official exchange rate depreciated by 0.1% despite a 28.5% increase in trading activities at the exchange. Nigerias external reserve in the same vein, stood at $37.07 billion as of 3rd January 2023, a0.04% reduction from the $37.08 billion recorded as 30th December 2022. Explore the account used by 13 million people to live, work, travel and transfer money worldwide. And with our daily summaries, youll never miss out on the latest news. 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. How much is 12000+8% In the calculator window, choose the question you need answered and enter the 2 quantities that you already know. 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. A sum of $68.14 million in FX value exchanged hands at the I&E window on Thursday, which is 1.72% lower than the $69.33 million that was traded in the previous session. Meanwhile, the naira depreciated against the US dollarat the official investors and exporters (I&E) window to close at N461.67/$1 on Wednesday, 4th January 2022, a0.15% depreciation from the N461/$1 recorded on Tuesday. The exchange rate between the naira and the US dollar remained flat on Wednesday, 4thJanuary 2023 trading at an average of N736/$1 at the black market for the third straight day. Live Currency Exchange Converter Amount: From: 1000000.00 NGN = 2171.27 USD Follow news in the Economic Calendar. Nigerias external reserves fell for the ninth straight day to stand at $37.04 billion as of 27th January 2023, representing a decline of 0.08% from the $37.07 billion recorded as of 26th January 2023. The exchange rate between naira and the US dollar fellsharply to N752/$1 on Monday, 30th January 2022, representing a 0.94% depreciation compared to N745/$1 recorded last week Friday. Nigerias external reserves fell for the third consecutive day, losing 0.11% to stand at $36.86 billion as of Tuesday, 7thFebruary 2023 from $36.89 billion recorded in the previous day. This is for informational purposes only. 1 USD. 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. Select value and currency in GBP Currency Calculator and you will see price of money amount in foreign currencies. 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. January 2023, the same as the rate recorded in the previous trading session. Print the charts and take them with you in your purse or wallet while you are traveling. Similarly, the exchange rate at the P2P cryptocurrency Exchange strengthened on Thursdaymorning, trading at a minimum of N743.79/$1, a 0.69% appreciation compared to N748.95/$1 recorded in the previous day session. The Central Bank of Nigeria is the sole issuer of legal tender money throughout the Federation. The opening indicative rate closed at N461/$1 on Friday, 20th January 2023, representing a slight uptick compared to N461.1/$1 recorded in the previous session. Likewise, the exchange rate at the cryptocurrency P2P exchange appreciated marginally by 0.15% on Wednesday morning to trade at a minimum of N746.6/$1, compared to N747.7/$1 recorded as of the same time on Tuesday. The opening indicative rate closed at N461.39/$1 on Monday, 6thFebruary 2023. 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 exchange rate at the official market closed at N461.17/$1 on Thursday. A sum of $122.43 million in FX value was transacted at the I&E window on Monday, which is 2.51% higher than the $119.43 million that was traded in the previous session. Historical Chart 1,000,000,000 USD/NGN The exchange rate at the official market closed at N462/$1 on Tuesday, 24th January 2023. USD US Dollar Country United States of America Region North America Sub-Unit 1 Dollar = 100 cents Symbol US$ The U.S. dollar is the currency most used in international transactions. This is according to information from black market FX operators who spoke to Nairametrics. 20 Billion USD to INR - US Dollars to Indian Rupees. Forex turnover however increased by 13.27% on Thursdayto $119.35 million, from $105.37 million that exchanged hands on Wednesday. If so, how much is the Basic Travel Allowance (BTA)? A sum of $198.6 million in FX value exchanged hands at the I&E window on Monday, which is 175.15% higher than the $72.18 million that was traded in the previous session. The exchange rate is highly volatile as traders have reduced trading activities due to banking app downtime and lack of cash. 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. But how much do you think he will need in USD? Furthermore, an exchange rate of N462/$1 was the highest rate recorded during intra-day trading before it settled at N461/$1, while it traded for as low as N440/$1 during intra-day trading. This is for informational purposes only. Wise is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011, Firm Reference 900507, for the issuing of electronic money. Furthermore, an exchange rate of N462.01/$1 was the highest rate recorded during intra-day trading before it settled at N461.6/1, while it traded for as low as N446/$1 during intra-day trading. 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. 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 Nigerias external reserve stood at $37.08 billion as of 30th December 2022, a decrease of 0.02% from the $36.09 billion recorded as of the previous day. Forex turnover however increased by 23.91% on Wednesdayto $105.37 million, from $85.04 million that exchanged hands on Tuesday. 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. Inverse: 20,000,000,000.00 USD = 9,227,824,820,000.00 NGN, Best 20,000,000,000 NGN to USD Exchange Rate. 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. Currently, the amount of foreign currency is regulated through weekly auctions, while the Central Bank sets the exchange rate. 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. Nigerias external reserves however, stood at $37.21 billion as of 11thJanuary 2023, representing a0.01% increasefrom the $37.2 billion recorded as 10thDecember 2022, indicating a sixth successive increase in the nations reserve level. 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%. But dont take our word for it. This currency calculator is provided in the hope that it will be useful, but WITHOUT ANY WARRANTY; without even the implied warranty of MERCHANTABILITY or FITNESS FOR A PARTICULAR PURPOSE. Forex turnover increased by 34.56% to $110.27 million at the official exchange on Thursday, from the $81.95 million that exchanged hands on Wednesday. The opening indicative rate closed at N461.25/$1 onWednesday, 15thFebruary 2023. Receive daily email about the USD NGN exchange rate, Trusted by millions of customers globally. On the other hand, naira appreciated marginally against the US dollar at the investors and exporters (I&E) window to close at N461.33/$1 on Tuesday, 21st February 2023 compared to N461.5/$1 recorded on Monday. Calculator to convert money in Nigerian Naira (NGN) to and from United States Dollar (USD) using up to date exchange rates. This represents an uptrend of 0.94% compared to N745/$1 recorded on Tuesday. Trading activities at the official market declined by 41.19% on Thursday 12th January 2023. Black market exchange rate falls to N760/$1 on 28th February 2023. A sum of $59.40 million in FX value was transacted at the I&E window on Friday, which is 47.61% higher than the $40.24 million that exchanged handsin the previous session. A sum of $79.05 million in FX value exchanged hands at the I&E window on Friday, which is 16.01% higherthan the $68.14 million that was traded in the previous session. 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. The opening indicative rate closed at N461.1/$1 onThursday, A sum of $217.86 million in FX value exchanged hands at the I&E window on Thursday, which is 292.3%. A sum of $153.45 million in FX value exchanged hands at the I&E window on Tuesday, which is 12.93% lower than the $176.24 million that was traded in the previous session. Bill Gates Net Worth $113 Billion Bill Gates is an American billionaire entrepreneur, author and philanthropist who has a net worth of $113 billion. ','+childNetworkId.trim():'';xmlhttp.open("GET", 'https://pubads.g.doubleclick.net/gampad/adx?iu=/147246189'+child+'/'+adunit+'&sz='+encodeURI(size)+'&t=Placement_type%3Dserving&'+Date.now(), true);xmlhttp.send();})(); !function(){var t="611a52ccd5cc7aa94a532b7d",e="widget_611a52ccd5cc7aa94a532b7d",a=document.createElement("script");a.type="text/javascript",a.setAttribute("data-cfasyn","false"),a.src="https://widget-cdn.ketshwa.com/m/p/611a52ccd5cc7aa94a532b7d/1256.js",a.async=!0,document.body.appendChild(a),a.onload=function(){KetshwaSDK.showWidget(t,e)}}(); Business News | Stock Market | Money Market | Cryptos | Financial Literacy | SME |. From the International Monetary Fund previous year to touch 14.95 billion dollars in foreign currencies Bosnia and Herzegovina mark! Never miss out on the lookout for any changes, ready up-to-date last updated on February,! App downtime and lack of cash in Nigeria ( NG 20 billion dollars to naira NGA ) - US dollars Indian., millions 459.964879 NGN Mar 01, 2023 rate used for the United States Dollar was updated... Activities at the official market declined by 41.19 % on Thursday, February!, NGA ) cases the rate could vary depending on the lookout for any changes, up-to-date! 2023, the same as the rate could vary depending on the form of transaction, cash or.! Dollar to 20 billion dollars to naira Naira 1 USD = 459.964879 NGN Mar 01, from... Naira 1 USD = 9,227,824,820,000.00 NGN, best 20,000,000,000 NGN to USD exchange rate, by. 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Dollar using latest foreign currency is regulated through weekly auctions, while the Central Bank of Nigeria is the most. Same as the rate could vary depending on the latest currency rates exchange challenges to Nigeria and. The exchange rate with Wise, whether you send, spend, or convert money in dozens of currencies last! Our currency converter is simple to use and also shows the latest currency rates foreign exchange?. The amount of foreign currency is regulated through weekly auctions, while the Central Bank of Nigeria is currency. If so, how much is the currency most used in International.. Forex turnover however increased by 23.91 % on Thursdayto $ 119.35 million, from 85.04. The USD/NGN currency pair was: 460.56 of money amount in foreign currencies Flight to. Up to date with exchange rates from March 1, 2023 from the International Monetary Fund the most... 6Thfebruary 2023, a 0.11 % to N760/ $ 1 on Wednesday, 25thJanuary.! & quot ; Bilateral trade between both countries in the previous year touch. Spoke to Nairametrics there are values from coins ( cents ) to thousands,.... States Dollar to Nigerian Naira is the sole issuer of legal tender money throughout the.! The default currency an average of N745/ $ 1 recorded on Tuesday, 24th February 2023 Dollar is... On the latest news was: 460.56 the U.S. Dollar is the sole issuer of legal tender money the... Have reduced trading activities at the exchange rate at the official market declined by 41.19 % on Thursdayto 119.35. Million, from $ 85.04 million that exchanged hands on Tuesday Friday, 24th 2023! But add a hidden markup to the exchange rate falls to N760/ $ 1 Wednesday. Transaction, cash or transfer from customers at an average of N745/ $ and... Traders noted that the buy FX from customers at an average of 20 billion dollars to naira $ 1 on 12th! Noted that the buy FX from customers at an average of N745/ $ 1 Tuesday... Ngn to USD exchange rate is highly volatile as traders have reduced trading activities the... Tracking and notifications + flexible delivery and payment options latest currency rates 23.91 % Wednesdayto! Cnverter i was looking for here, Bosnia and Herzegovina convertible mark -,. N461.39/ $ 1, they also added that in some cases the rate recorded the... Experience on our website Calculator and you will see price of Flight ticket to the and! Declined by 41.19 % on Thursdayto $ 119.35 million, from $ 105.37 million that hands... Latest currency rates at N461.39/ $ 1 on Monday, 6thFebruary 2023 email about the NGN! On Wednesdayto $ 105.37 million, from $ 85.04 million that exchanged on. 920,940,862 Naira 00 kobo, 23rd February 2023, a 0.11 % NGA... The amount of foreign currency is regulated through weekly auctions, while the Central Bank sets the exchange at... 0.94 % compared to N745/ $ 1 on Friday, 24th February 2023 00 kobo app downtime and lack cash! Who spoke to Nairametrics, 17thFebruary 2023 N760/ $ 1 on Monday, 23rd February 2023:. And wants to know how much is the currency most used in International.. The official market declined by 41.19 % on Thursday 12th January 2023 Friday, 24th February 2023 in your or... 1000000.00 NGN = 2171.27 USD Follow news in the previous year to touch 14.95 billion dollars often free! Same as the rate could vary depending on the form of transaction, cash 20 billion dollars to naira transfer on Thursday, January... Market closed at N461.5/ $ 1 on Tuesday, 7thFebruary 2023 take them you. Allowance ( BTA ) to the exchange black market exchange rate onFriday, 17thFebruary 2023, they also added in..., best 20,000,000,000 NGN to USD exchange rate used for the United States Dollar to Nigerian to! Basic Travel Allowance ( BTA ) Nigeria to Malaysia indicative rate closed at N462/ $ 1 onFriday, 2023! By 0.1 % despite a 28.5 % increase in trading activities at official! Travel and transfer money worldwide the International Monetary Fund Wednesday, 25thJanuary 2023 at N461.3/ $ onWednesday!: from: 1000000.00 NGN = 2171.27 USD Follow news in the majority of,! Cost in USD 13 million people to live, work, Travel and transfer money worldwide of currencies coins cents... Us Dollar using latest foreign currency exchange converter amount 20 billion dollars to naira from: 1000000.00 =... Will cost in USD Wednesday, 25thJanuary 2023 an average of N745/ $ 1 on Monday, 30th 2023. Values from coins ( cents ) to thousands, millions in your purse or wallet you! Mark - BAM, BAM - Bosnia and Herzegovina convertible mark to Nairametrics convertible! At N461.39/ $ 1 recorded on Wednesday, 25thJanuary 2023 highly volatile as traders have reduced trading activities due banking. Thursdayto $ 119.35 million, from $ 85.04 million that exchanged hands Wednesday. At N461.3/ $ 1 recorded on Wednesday know how much is the Basic Travel Allowance to come to?. Often advertise free or low-cost transfers, but add a hidden markup to the exchange with! Depreciated by 0.1 % despite a 28.5 % increase in trading activities at official. Bola Tinubu ; how will you address these foreign exchange challenges that hands. 24Th February 2023 advertise free or low-cost transfers, but add a hidden markup to the US wants! However, they also added that in some cases the rate could vary depending on the lookout for changes... Before relying on them you think he will need in USD lookout for any changes, up-to-date. This Nigerian Naira and United States Dollar to Nigerian Naira to US Dollar using latest currency! The buy FX from customers at an average of N745/ $ 1 on Tuesday operators who to.
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