The opening indicative rate closed at N461.7/$1 on Wednesday, 25thJanuary 2023. Our smart tech means were more efficient which means you get a great rate. Click on United States Dollars or Nigerian Nairas to convert between that currency and all other currencies. 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 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. Convert 1000000 Nigerian naira to US Dollar using latest Foreign Currency Exchange Rates. 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. The opening indicative rate closed at N461/$1 onThursday. 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%. Forex turnover however increased by 54.08% on Monday to $150.49 million, from $97.67 million that exchanged hands last week Friday. 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. A sum of $81.95 million in FX value was traded at the I&E window on Wednesday which is 69.74% higher than the $48.28 million that exchanged hands in the previous session. Conversion rates Canadian Dollar / Nigerian Naira. 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. The nations externalreserves likewise, declined further to $36.79 billion on Wednesday from $36.81 billion. Or use any amount from the lists below. Similarly, the exchange rate between the naira and the US dollar strengthened by 0.16% at the investors and exporters (I&E) window to close at N461.25/$1 on Friday, 17th February 2023 compared toN462/$1 recorded on Thursday. The nations external reserves stood at $36.679 billion as of Monday, 27th February 2023 from $36.698 billion recorded on Friday, 24th February 2023. 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. RT @Naija_Activist: A leaked audio confirms that Tinubu paid INEC and Mahmood Yakubu $170 million dollars(299 Billion naira) Now explain to me why would a presidential candidate pay such amount to INEC. On the other hand, the exchange rate between the naira andthe US dollarat the cryptocurrency P2P exchange market appreciated by 0.49% trading at an average of N752.9/$1on Monday morning, 20th February 2023, from N756.6/$1 recorded last week Friday. 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. Any use of our content is solely at your own risk and discretion. But how much do you think he will need in USD? The exchange rate between the naira and the US dollar moderated slightly to an average of N751/$1 on Tuesday, 31st January 2022, compared to N752/$1 recorded in the previous trading session. 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. Naira strengthened against the US dollar at the black market on Friday, 27th January 2023 to trade at an average of N745/$1 compared to N751/$1 recorded 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 N461.5/$1, while it traded for as low as N425/$1 during intra-day trading. . We utilize mid-market currency rates to convert USD against NGN currency pair. This is according to information from black market traders who spoke to Nairametrics. 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. You won't receive this rate when sending money. Furthermore, an exchange rate of N463/$1 was the highest rate recorded during intra-day trading before it settled at N462/1, while it traded for as low as N440/$1 during intra-day trading. Forex turnover however decreased by 43.49% on Tuesday to $85.04 million, from $150.49 million that exchanged hands on Monday. The calculated result will automatically display on the right of the question you chose, along with the answers to all the other questions. The table shows the data and analysis of the variations. Nigerias external reserves level decreasedby 0.09% on Friday, 3rd February 2023 to stand at $36.988 billion from $37.02 billion recorded in the previous day. The exchange rate at the official market closed at N462/$1 on Thursday, 2ndFebruary2023, a 0.11% depreciationfrom N461.5/$1recorded on Wednesday, 1stFebruary 2023. Currently, the amount of foreign currency is regulated through weekly auctions, while the Central Bank sets the exchange rate. The exchange rate at the official market closed at N461.67/$1 on Wednesday, 4thJanuary 2023, representing a 0.15% depreciation from N461/$1 recorded on Tuesday. The exchange rate at the official market closed at N461.25/$1 on Friday, 17th February 2023, a 0.16% appreciation from N462/$1 recorded on Thursday, 16th February 2023. 10 100 1000. Live Currency Exchange Converter Amount: From: 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. The exchange rate at the official market closed at N461.5/$1 on Friday, 20th January 2023. 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. Also, the exchange rate between the naira and the US dollar depreciated by 0.11% at the investors and exporters (I&E) window to close at N462/$1 on Thursday, 16th February 2023 compared toN461.5/$1 recorded on Wednesday. Compared to the N731/$1 recorded last week Friday, naira depreciated by 1.92%. 555.15 402 Nigerian Nairas. Nigerias external reserves however, stood at $37.2 billion as of 10thJanuary 2023, representing a0.02% increasefrom the $37.19 billion recorded as 9thDecember 2022, indicating a fifthsuccessive increase in the nations reserve level. 1 CAD. 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. 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 Nigerian Naira is the currency in Nigeria (NG, NGA). The opening indicative rate closed at N461.33/$1 on Tuesday, 28th February 2023. can money be convert before sending to Nigeria, and the easy way to receievd it. I would like to send some money to my friend who is an American via Western Union. 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. According to FX traders, the downturn was expected at the beginning of the year, due to increased demands for foreign exchange in the country. The exchange rate has remained unstable due to decline in trading activities amidst cash crunch and downtime in banking applications. The exchange rate for the United States Dollar was last updated on February 28, 2023 from The International Monetary Fund. The opening indicative rate closed at N461.39/$1 on Monday, 6thFebruary 2023. The nations external reserves, fell for the seventh consecutive day to $36.72 billion on Tuesday from $36.73 billion, bringing the cumulative decline for the month of February to $272.12 million. The local currency opened at N770.00 per $1 at the parallel market otherwise known as the black market today Monday, 20th February 2023, in Lagos Nigeria, after it closed at N770 per $1 on Sunday, 19th February 2023. Can he collect the money personally or must I use a citizen of Nigeria to collect the money on his behalf? 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. 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/$1 was the highest rate recorded during intra-day trading before it settled at N461.6751, while it traded for as low as N440/$1 during intra-day trading. The opening indicative rate closed at N461.5/$1 onFriday, 17thFebruary 2023. Global Conversion: Help when there is need to convert currency!!! 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%. 215 billion yuan to usd . For two million dollars you get today 920,940,862 naira 00 kobo. A sum of $45.16 million in FX value was transacted at the I&E window on Thursday, which is 58.88% lower. 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A sum of $112.04 million in FX value was transacted at the I&E window on Tuesday, which is 15.61% lower than the $132.77 million that was traded in the previous session. 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. Every time. I already have the address. Convert USD to NGN: US Dollar To Nigerian Naira Exchange Rates 1.0000 USD = 458.94 NGN Feb 28, 2023 02:45 AM UTC Check the latest currency exchange rates for the US Dollar, Nigerian Naira and all major world currencies. USD - US Dollar To NGN - Nigerian Naira 1.00 US Dollar = 459.57 665 Nigerian Nairas 1 NGN = 0.00217592 USD We use the mid-market rate for our Converter. Current exchange rate US DOLLAR (USD) to NIGERIA NAIRA (NGN) including currency converter, buying & selling rate and historical conversion chart. The opening indicative rate closed at N459.5/$1 onFriday, 6thJanuary2023. 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. 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. 10 100 1000 100000000.00 NGN = 217127.06 USD Follow news in the Economic Calendar Currency converter - Light Version The fast and reliable converter shows how much you would get when exchanging one hundred million Nigerian naira to US Dollar. Furthermore, an exchange rate of N462/$1 was the highest rate recorded during intra-day trading before it settled at N461.1/1, while it traded for as low as N439.96/$1 during intra-day trading. The exchange rate between the naira and the US dollar at the black marketremained flat on Friday, 13th January 2023, tradingat an average of N735/$1. Banks and traditional providers often have extra costs, which they pass to you by marking up the exchange rate. With our tiered pricing for large amounts, you get a lower fee on any transfers over 100,000 GBP. 1 USD. Join more than 6 million people who get a better deal when they send money with Wise. We use two factor authentication to protect your account. The opening indicative rate closed at N461.1/$1 onThursday, 2ndFebruary2023. my friend wants to borrow money, she wants 60 uk pounds but she lives in nigeria and wants it in usd how much do i give the western union when i find one? EMEA +44 20 7330 7500. Send money Xe Currency Charts 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. 2294.73500 NGN. 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. Enter the amount to be converted in the box to the left of Nigerian Naira. in Nigerian Naira is 9,211,196,440 (NGN). 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. Receive daily email about the USD NGN exchange rate. This is according to information from black market traders who spoke to Nairametrics. 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. The opening indicative rate closed at N456.17/$1 onWednesday, 4thJanuary2023. Also, the exchange rate between the naira and the US dollar at the official Investors and Exporters window closed at N462/$1 on Tuesday, 28th February 2023. 20,000,000.00 Specifically, the traders noted that the buy FX from customers at an average of N747/$1 and sell for N756/$1. average: 0.000; minimum: 0.000; maximum: 0.000 1 Billion NGN to USD - Naira to US Dollars As of today at 11:00AM UTC one billion naira is equal to $2,178,911.13 (USD) or two million one hundred seventy-eight thousand nine hundred eleven us dollars 13 cents. The exchange rate at the official market closed at N461/$1 on Monday, 13th February 2023, a 0.11% appreciation from N461.5/$1 recorded on Friday, 10th February 2023. 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. This is for informational purposes only. The opening indicative rate closed at N461.25/$1 on Friday, 27thJanuary 2023. 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. 20 USD. Meanwhile, a sum of $81.95 million was transacted at the official exchange, representing an increase of69.74%on Wednesday, from the $48.28 million that exchanged hands on Tuesday. 458.94700 NGN. 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. Listen to the audio below . 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. 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. 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 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. 20 USD. You won't receive this rate when sending money. 1 USD. 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. 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. A sum of $97.67 million in FX value was transacted at the I&E window on Friday, which is 116.28% higherthan the $45.16million that was traded in the previous session. The exchange rate at the official market closed at N461.5/$1 on Wednesday, 1st February2023, same rate recorded on Tuesday, 31stJanuary 2023. Compare us to your bank Send money with Wise. The exchange rate at the official market closed at N461.5/$1 on Thursday. Wise US Inc is authorized to operate in most states. 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. This is the same rate it recorded on Monday. You won't receive this rate when sending money. 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. You always get the best exchange rate with Wise, whether you send, spend, or convert money in dozens of currencies. 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 opening indicative rate closed at N461/$1 on Monday, 16th 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 N416/$1 during intra-day trading. The U.S. dollar is the currency most used in international transactions. A sum of $48.28 million in FX value was traded at the I&E window on Tuesday which is 19.86% higher than the $40.28 million that exchanged hands in the previous session. 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. 10 100 1000 20000000.00 USD = 9209907540.00 NGN Follow news in the Economic Calendar Currency converter - Light Version The fast and reliable converter shows how much you would get when exchanging twenty million US Dollar to Nigerian naira. The exchange rate at the official market closed at N461.5/$1 on Friday, 10th February 2023, a 0.09% depreciation from N461.1/$1 recorded on Thursday, 9thFebruary 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. i really was in strong need to know the exchange in between naira and the canadian dollar,to my greatest suprise this site has open my eyes to other currencies which i thought i need to check the banks in nigeria for.you are doing a very good work.you are trully a workmanship example to other sites. On the other hand, the exchange rate at the investors and exporters (I&E) window closed at N461.5/$1 on Thursday, 19th January 2023, recording a slight depreciationcompared to N461.25/$1 that it closed at the end of the previous trading session. A sum of $117.63 million in FX value exchanged hands at the I&E window on Tuesday, which is 149.59% higherthan the $47.13 million that was traded in the previous session. 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