Keep an eye on this page and be aware of any changes. This is according to information from black market FX operators who spoke to We use two factor authentication to protect your account. It is subdivided In the last 10 years, the highest rate from US Dollars to Nigerian Nairas was on April 7, 2023 when each US Dollar was worth 465.00. With our tiered pricing for large amounts, you get a lower fee on any transfers over 100,000 GBP. The currency code for British Pounds is GBP. This is for informational purposes only. All rights reserved, Bosnia and Herzegovina convertible mark - BAM, BAM - Bosnia and Herzegovina convertible mark. The chart will help visually assess the oscillation between the USD and the NGN, and analyze the data for the last year. Here are the countries and their current exchange rates that are stronger than the US dollar. The nations external reserves stood at $35.74 billion as of Friday, 24th March 2023 from $35.78 billion recorded on Thursday, 1 EUR = 1.09877 USD. 41.27 percent of the Worlds Population, 31.5 percent of GDP, and 26.7 percent of the Worlds land area. it into the desired position in your websites HTML source code. Ethereum drops 7% amid wider crypto sell-off as traders assess rate uncertainty. Receive daily email about the USD NGN exchange rate, Trusted by millions of customers globally. As of today at 07:00AM UTC one billion us dollars is equal to 459,565,462,000.00 (NGN) or four hundred fifty-nine billion five hundred sixty-five million four hundred sixty-two thousand naira. The current exchange rate is 0.00215. 1 trillion = 1000 billions. 0.17 814614 Indian Rupees. You can get live exchange rates between US Dollars and Nigerian Nairas using exchange-rates.org, Join more than 6 million people who get a better deal when they send money with Wise. This was disclosed by the Emir of Kano, Alhaji Aminu Bayero, during the presentation, of the 2023 Halal Markets report, as the report revealed that the market is expected to grow at an annual growth rate of 10.7 per cent Halal growth Explore the account used by 13 million people to live, work, travel and transfer money worldwide. A cursory analysis of the results of some commercial banks in Nigeria revealed all of them incurred billions of naira worth of losses. This data is usually enough to forecast future changes. Check out the market overview The average exchange rate over this period was 437.88 Nigerian Nairas per US Dollar. Get the latest 1 Euro to Nigerian Naira rate for FREE with the original Universal Currency Converter. Article Summary. The currency symbol is . 1.0000 USD = 459.57 NGN May 1, 2023 07:05 AM UTC. How to convert US dollars to Nigerian nairas. Every time. Russia's economy in 4 charts: How war, sanctions, and shifting oil flows have reshaped a world power. However, the time between 3-4 PM GMT is often a good time to convert US Dollars to Nigerian Nairas because currency market liquidity and trading volume tend to be the highest during this time. Set rate alerts for NGN to GHS and learn more about Simply type in the box how much you want to convert. Nigerias Halal Market is expected to grow from 107 billion dollars in 2022 to 180 billion dollars by 2027. Over the last 7 days, the best beneficial exchange rate was 461,506,418,000.00. This represents a 0.28% gain compared to the closing rate of N463.44/$1 recorded in the previous trading session. The most favorable exchange rate for the current 7 days, was 1,393,500,000.00. Simply type in the box how much you want to convert. Wise gives you the real, mid-market, exchange rate, so you can make huge savings on your international money transfers. The comparatively lower impairment charge for 2022 reflected a decrease in gross impairment charges due to a decline in nonperforming 20 NGN to USD = $ 0.044 USD. It is subdivided into 100 kobo. Jordanian Dinar: 1 JOD = 1.41 USD; The Jordanian Dinar (JOD), like the Cayman Islands Dollar, has been pegged to the US dollar at a higher value.The hope was that a stable exchange rate would help Jordan attract US investment. Widget. Set rate alerts for NGN to GBP and learn more about Wise gives you the real, mid-market, exchange rate, so you can make huge savings on your international money transfers. The Central Bank of Nigeria is the sole issuer of legal tender money throughout the Federation. MetaTrader 5. The exchange rate between the naira and US dollar at the Investors and Exporters (I&E) window closed at N462.13/$1 on Wednesday, 26th April 2023. The Money Converter 2023. The most favorable exchange rate for the current 7 days, was $10,859.65. 5 NGN to USD = $ 0.011 USD. CAD Exchange Rates; Bank of Canada; NGN Nigerian Naira Country Nigeria Region Africa Sub-Unit 1 Naira = 100 kobo Symbol The naira is the currency of Nigeria. 1 week. Set rate alerts for NGN to EUR and learn more about Nigerian USD/NGN - Live exchange rates, banks, historical data & currency charts. Simply enter the amount of USD you want to convert to NGN in the box labeled "Amount", and youre done! Conversely, 1 NGN is worth 0.002176 USD. It spent about $28.7 billion on invincibles (spend on services such as professional fees, financial services, business travel, medical tourism, etc.) Beware of bad exchange rates.Banks and traditional providers often have extra costs, which they pass to you by marking up the exchange rate. 1 month. BRICS is a combination of five countries Brazil, Russia, India, China, and South Africa which have the potential to dominate the world economy in the future. The USD/NGN rate is up +11.14%. We use two factor authentication to protect your account. To NGN Nigerian Naira 1.00 British Pound = 574.54 48 Nigerian Nairas 1 NGN = 0.00174051 GBP We use the mid-market rate for our Converter. 1 Nigerian Naira = 0.0021712995 United States Dollar 1 United States Dollar = 460.553701 Nigerian Naira Example: convert 15 Nigerian Naira to United States Dollar: 15 Nigerian Naira = 15 0.0021712995 United States Dollar = 0.0325694918 United States Dollar Popular Currency Conversions EUR to USD GBP to USD MXN to USD AUD to BRICS accounts for a significant portion of the worlds population, GDP, and land area, and hopes to facilitate easy trade and economic activity between its members. Nigerian Naira to Indian Rupee conversion Last updated Apr 23, 2023, 18:43 UTC. The current exchange rate is equivalent to 459.5655. Web1 USD = 461.48200 NGN. 1 000 NGN to USD = $ 2.180 USD. How much is 7,000,000.00 the seven million naira is worth $15,053.76 (USD) today or fifteen thousand fifty-three us dollars 76 cents as of 20:00PM UTC. From whales unloading massive positions to broader uncertainty, crypto experts weigh in on what's causing the downside pressure. Currently, the amount of foreign currency is regulated through weekly auctions, while the Central Bank sets the exchange rate. Banks and traditional providers often have extra costs, which they pass to you by marking up the exchange rate. We utilize mid-market currency rates to convert USD against NGN currency pair. As of 1 min ago, 1 USD 461.482 NGN. Powering commercial grade rates at 300+ companies worldwide. Set rate alerts for EUR to NGN and learn more about Euros and Convert US Dollar to Nigerian Naira Stat and compare Good Time The table shows the facts and analysis of the fluctuations. WebConversion formula. Check send rates. The high point for the USD/NGN rate If you execute a trade late in the week, it might not settle until the following week given that forex markets are closed on weekends. Nigerias central bank halted the sale of foreign exchange to money changers to ease pressure on the nations currency, Governor Godwin Emefiele said. Our currency converter will show you the current rate and how its changed over the past day, week or month. Convert 7000000 Nigerian Naira to US Dollar using latest Foreign Currency Exchange Rates. Texas properties are the first listed on a new platform allowing people to use bitcoin to buy residential and commercial real estate in the US. Set an alert now, and well tell you when it gets better. 6 months. And with our daily summaries, youll never miss out on the latest news. 1 billion = 0.001 trillions. The Xe Rate Alerts will let you know when the rate you need is triggered on your selected currency pairs. Be on the lookout for any changes, ready up-to-date. WebUS dollars to Nigerian nairas Convert USD to NGN at the real exchange rate Converted to 1.00000 USD = 460.45600 NGN Mid-market exchange rate at 08:58 UTC Track the The table shows the data and analysis of the variations. On this day a year ago, they gave $12,001.23 us dollars for 5,000,000.00 naira, which is $1,144.18 more than it is today. A Look At The SPY, Bitcoin And Spot Gold Heading Into The Fed's Big Decision On Rate Hikes, First Mover Asia: Bitcoin, Ether Open Asias Trading Week Flat, Here's How Bitcoin Whales Quietly Accumulated $1,875,819,869 In The Crypto In Just 18 Days, Just Bitcoin or diversify? On this day a year ago, they gave 415,667,597.00 naira for $1,000,000.00 us dollars, which is 44,802,403.00 less than it is today. was 465.00 Nigerian Nairas per US Dollar on April 7, 2023. Youll now see the value of the converted currency according to the most recent exchange rate. That means only you can get to your money. You wont receive this rate when sending money. You can convert US Dollars to Nigerian Nairas by using the exchange-rates.org currency converter in just one easy step. Inverse: 1,000,000,000.00 NGN = 2,175,968.57 USD, Best 1,000,000,000 USD to NGN Exchange Rate. The low point was 413.08 Nigerian Nairas per US Dollar on May 3, 2022. These are the average exchange rates of these two currencies for the last 30 and 90 days. United States dollar to Nigerian naira (USD to NGN) Quickly and easily calculate foreign exchange rates with this free currency converter. The most favorable exchange rate for the current 7 days, was $419,274.44. 1 Input your amount. Wise gives you the real, mid-market, exchange rate, so you can make huge savings on your international money transfers. Wise takes the stress out of sending large amounts of money abroad helping you save for the important things. A variety of factors, including the amount of cash in circulation, cause exchange rates to be fixed. Nigerian Naira risen by 0.39% (+1773566000.00) against the US Dollar as compared to the previous closing exchange rate. Nigerias Halal Market is expected to grow from 107 billion dollars in 2022 to 180 billion dollars by 2027. But dont take our word for it. Check the latest currency exchange rates for the US Dollar, Nigerian Naira and all major world currencies. How much is $1,000,000.00 the one million us dollars is worth 459,565,462.00 (NGN) today or four hundred fifty-nine million five hundred sixty-five thousand four hundred sixty-two naira as of 07:00AM UTC. These percentages show how much the exchange rate has fluctuated over the last 30 and 90-day periods. Web1.00 EUR = 1.09 877 USD. In the other states, the program is sponsored by Community Federal Savings Bank, to which we're a service provider. Buy Sell. A year ago today, on this day, they provided the equivalent of $1,000,000,000.00 us dollars for 415,000,240,000.00 naira, which is 44,565,222,000.00 less than it is now. Get the latest 1 Nigerian Naira to Ghanaian Cedi rate for FREE with the original Universal Currency Converter. Every time. Click on the drop-downs to select the currencies you want to convert between. Banks and traditional providers often have extra costs, which they pass to you by marking up the exchange rate. Set an alert now, and well tell you when it gets better. The exchange rate between the naira and the US dollar appreciated at the black market on Thursday, 23rd March 2023 to trade at an average of N749/$1. 12 months. Our smart tech means were more efficient which means you get a great rate.