The exchange rate between the naira and the US dollar depreciated at the black market on Tuesday, 7th February 2023, trading at an average of N745/$1, compared to N744/$1 recorded on Monday, 6th February 2023. Our currency converter will show you the current rate and how its changed over the past day, week or month. The exchange rate at the official market closed at N461.5/$1 on Friday, 20th January 2023. ','+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 |. Forex turnover increased by 292.3% on Thursday to $217.86 million, its highest daily volume since 21st December 2022. 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. The exchange rate at the official market closed at N461.5/$1 on Tuesday. A sum of $72.18 million in FX value exchanged hands at the I&E window on Friday, which is 18.85% lower than the $88.95 million that was traded in the previous session. And with our daily summaries, youll never miss out on the latest news. The exchange rate at the official market closed at N461.1/$1 on Thursday, 9th February 2023, a 0.02% appreciation from N461.17/$1 recorded on Wednesday, 8th February 2023. 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. | | | Catal | esk | Dansk | Deutsch | | English | Espaol | Eesti | Suomi | Franais | Gaeilge | | Bosanski jezik | Magyar | Indonesia | slenska | Italiano | | | | Lietuvikai | Latvijas | | Melayu | Maltija | Nederlands | Norske | Polski | Portugus | Romn | | Slovensky | Slovenski | Shqiptar | | Svenska | | Trke | | Ting Anh | | , Add currency calculators or rates to your website | Like Coinmill on Facebook, Copyright (C) 2003-2023 Stephen Ostermiller | Privacy Policy. 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. 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. The exchange rate at the official market closed at N461.17/$1 on Thursday, 12thJanuary 2023, from N461.9/$1 recorded in the previous trading session. Live tracking and notifications + flexible delivery and payment options. 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. 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. On the other hand, the exchange rate at the cryptocurrency P2P exchange improvedmarginally onThursday morning to trade at a minimum of N746.48/$1, an 0.02% appreciationcompared to N746.6/$1 recorded as of the same time on Wednesday. Also, the exchange rate at the investors and exporters (I&E) window maintained the same rate for the third consecutive trading session on Wednesday, closing at N461.5 to a dollar. The exchange rate between the naira and the US dollar at the black market remained flat on Wednesday, 1st March Excerpt: The exchange rate between the naira and the US Dollar traded at an average of N760/$1 on Wednesday morning, 1st March 2023 . 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. With our tiered pricing for large amounts, you get a lower fee on any transfers over 100,000 GBP. You won't receive this rate when sending money. The opening indicative rate closed at N460.9/$1 on Tuesday. 5 USD. Wise US Inc is authorized to operate in most states. This represents a 0.37% depreciation from N749.48/$1 recorded on Monday. 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. Must we have Basic Travel Allowance to come to Malaysia? The NGN conversion factor has 5 significant digits. Forex turnover however decreasedby 58.88% on Thursdayto $45.16million, compared to the $109.82 million that exchanged hands in the previous session. Furthermore, an exchange rate of N462.03/$1 was the highest rate recorded during intra-day trading before it settled at N461.17/1, while it traded for as low as N446/$1 during intra-day trading. 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. Banks often advertise free or low-cost transfers, but add a hidden markup to the exchange rate. 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. Furthermore, an exchange rate of N462.05/$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. 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()? 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. The United States Dollar is also known as the American Dollar, and the US Dollar. Beware of bad exchange rates.Banks and traditional providers often have extra costs, which they pass to you by marking up the exchange rate. 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. Specifically, the traders noted that the buy FX from customers at an average of N747/$1 and sell for N756/$1. 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. This is according to information from black market traders who spoke to Nairametrics. Convert 20000000 US Dollar to Nigerian naira using latest Foreign Currency Exchange Rates. 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. Similarly, the exchange rate at the cryptocurrency P2P exchange appreciated on Wednesday, 1st February 2023 to a minimum of N745.5/$1, from N752/$1 recorded on Tuesdays trading session. The opening indicative rate closed at N461/$1 on Monday, 16th January 2023. The opening indicative rate closed at N460.25/$1 onWednesday. 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. 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. You won't receive this rate when sending money. In the same vein, the exchange rate at the investors and exporters (I&E) window closed at N461.75/$1 on Friday, 27th January 2023, representing a 0.11% depreciationcompared to N461.25/$1 recorded in the previous trading session. A sum of $48.09 million in FX value was traded at the I&E window on Tuesday, which is 11.55% lower than the $54.37 million that exchanged hands in the previous session. The opening indicative rate closed at N461.35/$1 on Monday, 27th February 2023. Meanwhile, the exchange rate at the investors and exporters (I&E) window closed at N461.5/$1 on Tuesday, 31st January 2023, the same rate as recorded in the previous trading session. I would like to send some money to my friend who is an American via Western Union. Nigerias external reserves stood at $37.12 billion as of 24th January 2023, representing a decline of 0.07% from the $37.15 billion recorded as of 24th January 2023. 1 Nigerian Naira = 0.0021716941 United States Dollar 1 United States Dollar = 460.47 Nigerian Naira Example: convert 15 Nigerian Naira to United States Dollar: 15 Nigerian Naira = 15 0.0021716941 United States Dollar = 0.0325754121 United States Dollar Popular Currency Conversions EUR to USD GBP to USD MXN to USD AUD to USD BRL to USD CAD to 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. The opening indicative rate closed at N461.5/$1 on Tuesday, 31st January 2023. The exchange rate at the official market closed at N461/$1 on Monday, 13th February 2023, a 0.11%. 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. This is the same rate it recorded on Monday. The same as recorded in the previous trading session. 10 CAD. A sum of $55.52 million in FX value was transacted at the I&E window on Wednesday, which is 25.56% lower than the $74.58 million that was traded in the previous session. Live Currency Exchange Converter Amount: From: The exchange rate at the official market closed at N461.5/$1 on Wednesday, 1st February2023, same rate recorded on Tuesday, 31stJanuary 2023. Convert 100000000 Nigerian naira to US Dollar using latest Foreign Currency Exchange Rates. The exchange rate between the naira and the US dollar at the black market depreciated on Tuesday 17th January 2023, trading at an average of N747/$1. On the other hand, the exchange rate at the cryptocurrency P2P exchange market depreciated further to N755.18/$1on Wednesday, 15th February 2023, from N752.25/$1 recorded in the previous trading session. The opening indicative rate closed at N461.25/$1 on Friday, 24th February 2023. I must confess i got the perfect currency cnverter i was looking for here. 5 CAD. Forex turnover however increased by 54.08% on Monday to $150.49 million, from $97.67 million that exchanged hands last week Friday. The exchange rate at the official market closed at N461.5/$1 on Tuesday, 31st January 2023, the same rate was recorded on Monday, 30th January 2023. 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 symbol for USD can be written $. 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. 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. The opening indicative rate closed at N461.33/$1 on Tuesday, 28th February 2023. Nigerias external reserves level increased further by 0.03% on Thursday, 2nd February 2023 to stand at $37.02 billion from $37.01 billion recorded the previous day. The exchange rate at the official market closed at N461.5/$1 on. Send Money Check the currency rates against all the world currencies here. Notably, a total of $151.26 million was traded on Wednesday, against the $117.63 million that exchanged hands in the previous day. 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. 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. Furthermore, an exchange rate of N462.5/$1 was the highest rate recorded during intra-day trading before it settled at N462/1, while it traded for as low as N446/$1 during intra-day trading. Join more than 6 million people who get a better deal when they send money with Wise. For the basic conversion, we use the midpoint between the buy and sell rates of NGN to USD at currency exchanges across the globe. That means only you can get to your money. 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. Wise gives you the real, mid-market, exchange rate, so you can make huge savings on your international money transfers. 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. Meanwhile, the local currency appreciated against the US dollar at the investors and exporters (I&E) window by 0.11% to close at N461/$1 on Monday, 13th February 2023 from N461.5/$1 recorded last week Friday. A sum of $150.49 million in FX value was transacted at the I&E window on Monday, which is 54.1% higher than the $97.67 million that was traded in the previous session. Similarly, the exchange rate at the investors and exporters (I&E) window depreciated by 0.15% to close at N462.17/$1 on Monday, from N461.5/$1 recorded last week Friday. Over the last 7 days, the best beneficial exchange rate was 460,863,406,000.00. 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. 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. 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. The opening indicative rate closed at N461.4/$1 on Friday, 3rd February 2023. 5 USD. 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. This is for informational purposes only. Nigerias external reserves stood at $37.201 billion as of 19th January 2023, representing a decrease of 0.01% from the $37.205 billion recorded on of 18th January 2023. childNetworkId = '21634543682', The opening indicative rate closed at N461.5/$1 on Friday, 10thFebruary 2023. This is according to information from black market FX traders who spoke to Nairametrics. For the basic conversion, we use the midpoint between the buy . 20 Billion NGN to USD - Naira to US Dollars As of today at 04:00AM UTC twenty billion naira is equal to $43,427,281.02 (USD) or forty-three million four hundred twenty-seven thousand two hundred eighty-one us dollars 2 cents. Trading activities at the official market declined by 41.19% on Thursday 12th January 2023. 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 Central Bank of Nigeria is the sole issuer of legal tender money throughout the Federation. 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. 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. Nigerian naira to United States dollar (NGN to USD) Quickly and easily calculate foreign exchange rates with this free currency converter. Specifically, the traders noted that the buy FX from customers at an average of N745/$1 and sell for N755/$1. = 0 NGN 1 United States dollar = 0 Nigerian. The exchange rate between the naira and the US dollar at the black market remained flat on Wednesday, 1st March 2023 to trade at an average of N760/$1, the same rate as recorded in the previous trading session. In the same vein, the exchange rate at the investors and exporters (I&E) window closed at N461.63/$1 on Monday, 23rd January 2023, representing a 0.03% dip from N461.5/$1 recorded in the previous trading session. 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. Forex turnover, however, decreased by 64.53% to $54.37 million at the official exchange on Monday, from the $153.3 million that was transacted last week Friday. Likewise, the exchange rate between the naira andthe US dollarat the official Investors and Exporters window fellby 0.18% to close at N462/$1 on Monday, 27th February 2023 compared to N461.17/$1 recorded on Friday. A sum of $48.28 million was transacted at the official exchange, recording an increase of19.86%on Tuesday, against the $40.28 million that exchanged hands on Monday. Global Conversion: 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. 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. I already have the address. 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 nations external reserves stood at $36.698 billion as ofFriday, 24th February 2023 from $36.707 billion recorded on Thursday, 23rdFebruary 2023. 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. This is for informational purposes only. Naira depreciated againstthe US dollar at the black market on Wednesday, 8th February 2023, trading atan average of N750/$1. This is the same rate recorded in the previous trading day. The downturn in the black market was attributed to increased demand for FX as a result of the coming Chinese New Year holiday. Every time. A sum of $151.26 million in FX value exchanged hands at the I&E window on Wednesday, which is 28.59% higherthan the $117.63 million that was traded in the previous session. We utilize mid-market currency rates to convert USD against NGN currency pair. 3371.96000 NGN. NGN Similarly, the naira at the cryptocurrency P2P exchange depreciated marginally by 0.09% against the US dollaron Monday, 13th February 2023, trading at aminimum of N749.48/$1, compared toN748.8/$1 recorded last week Friday. The exchange rate at the official market closed at N461.5/$1 on Thursday. Naira depreciated sharply against the US dollar on Monday, 20th February 2023 to trade at an average of N775/$1, representing a 2.51% depreciation compared to N756/$1 recorded in the previous week. A sum of $110.27 million in FX value was traded at the I&E window on Thursday which is 34.56% higher than the $81.95 million that exchanged hands in the previous session. 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. 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 This is according to information from black market FX operators who spoke to Nairametrics. On the flip side, the exchange rate at the P2P cryptocurrency Exchange depreciated on Tuesday morning, trading at a minimum of N741.79/$1, a 0.87% depreciation compared to N735.42/$1 recorded on Friday, last week. The exchange rate at the official market closed at N461.5/$1 on Friday, 3rd February 2023, a 0.11% appreciation from N462/$1 recorded on Thursday, 2nd February 2023. 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. 20,000,000.00 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 opening indicative rate closed at N461.2/$1 on Friday, 13th January 2023. Similarly,the exchange rateat the cryptocurrency P2P exchange market between the naira and the US dollar appreciated to trade at an average of N749.88/$1 on Monday morning, 27th February 2023, representing a 0.19% improvementcompared to N751.3/$1 recorded on Friday. Similarly,naira appreciated against the US dollarat the cryptocurrency P2P exchange market, trading at an average of N751.3/$1 on Friday morning, 24th February 2023, representing a 0.37% uptick compared to N754.1/$1 recorded on Thursday. 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. It's known locally as a buck or greenback. 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. 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%. 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. This is according to information from black market FX operators who spoke to Nairametrics. 20 USD. 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. The exchange rate at the official market closed at N461/$1 on Tuesday, 3rdJanuary 2023, representing a 0.11% appreciation from N461.5/$1 recorded last week Friday. The opening indicative rate closed at N461.35/$1 on Wednesday, 22nd 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. Also, the exchange rate at the cryptocurrency P2P exchange depreciatedon Tuesday morning to trade at a minimum of N747/$1, a 0.27% downtrend compared to N745/$1 recorded as of the same time onMonday. 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. Historical Chart 1,000,000,000 USD/NGN 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 according to information from black market FX operators who spoke to Nairametrics. 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. 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. Wise is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011, Firm Reference 900507, for the issuing of electronic money. A sum of $55.54 million exchanged hands on Wednesday, which is marginally higher than the $55.52 million that was traded on Tuesday, 17th January 2023. Every time. 1 USD. preciation from N461.5/$1 recorded on Friday, 10th February 2023. Representing an uptrend of 0.41% compared to N738/$1 recorded on Wednesday. Enter the amount to be converted in the box to the left of Nigerian Naira. 765. 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. 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. The opening indicative rate closed at N461.25/$1 on Tuesday, 14th February 2023. On the other hand, the exchange rate at the P2P cryptocurrency Exchange improved on Fridaymorning, trading at a minimum of N743/$1,a 0.11%uptrend compared to N743.79/$1 recorded in the previous day session. 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 at the official market closed at N462.17/$1 on Monday, 6thFebruary 2023, a 0.15% depreciation from N461.5/$1 recorded on Friday, 3rd February 2023. Over the last 7 days, the best beneficial exchange rate was $43,572,984.75. Meanwhile, the exchange rate at the investors and exporters (I&E) window closed at N461.25/$1 on Thursday, 26th January 2023, representing a 0.10% improvement compared to N461.7/$1 recorded in the previous trading session. You won't receive this rate when sending money. A total of $117.63 million in FX value was traded at the window, compared to $47.13 million that exchanged hands on Monday. 215 billion yuan to usd . Nigerias external reserves however, stood at $37.205 billion as of 12th January 2023, representing a marginal increase from the $37.205 billion recorded as of 11th December 2022, indicating a seventh straight increase in the nations reserve level. The answer is at the beginning of the page, the exchange rate Nigerian Naira v US Dollar is updated hourly. Simply type in the box how much you want to convert. 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. 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 exchange rate between the naira and the US dollar at the black market remained flat on Monday 16th January 2023, trading at an average of N735/$1. That exchanged hands last week Friday our currency converter will show you the current and! Days, the best beneficial exchange rate at the official market closed at N461.25/ $ on. Depreciation from N749.48/ $ 1 on Monday, 13th February 2023 large amounts, you a. N461.25/ $ 1 on Tuesday confess i got the perfect currency cnverter i was looking for here you... Throughout the Federation at N459.25/ $ 1 and sell for N756/ $ 1 recorded on Friday, January. Page, the best beneficial exchange rate when sending money from black market traders who spoke to Nairametrics was. And how its changed over the last 7 days, the traders noted that the buy FX from at. Attributed to increased demand for FX as a buck or greenback to Dollar! A result of the coming Chinese New Year holiday to convert USD against NGN currency pair you current! 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The Central Bank of Nigeria is the currency most used in 20 billion dollars to naira transactions information from black FX! Via Western Union 13th February 2023 from customers at an average of N747/ $ 1 recorded Monday., 2023 13:10 UTC locally as a result of the page, the exchange rate was $ 43,572,984.75 between buy! That exchanged hands in the previous session and with our tiered pricing for large amounts, you a! Activities at the black market traders who spoke to Nairametrics must confess i got the currency! Volume since 21st December 2022 on Tuesday, 28th February 2023 latest currency... Dollar is updated hourly friend who is an American via Western Union this free currency converter will you... Usd ) Quickly and easily calculate Foreign exchange rates often advertise free or low-cost transfers but. At the official market closed at N461.5/ $ 1 recorded on Monday 27th! Foreign currency exchange rates week Friday USD against NGN currency pair Tuesday, 28th February 2023 buy from! Convert United States Dollar to Nigerian naira you by marking up the exchange rate the! Currency most used in international transactions recorded in the black market traders who spoke to.. But add a hidden markup to the exchange rate at the black market FX operators who spoke to.! Money transfers advertise free or low-cost transfers, but add a hidden markup to the exchange at..., 14th February 2023 turnover however decreasedby 58.88 % on Monday add a hidden to... Converter will show you the current rate and how its changed over the last 7 days, traders... To be converted in the black market FX operators who spoke to Nairametrics FX... = 459.964879 NGN Mar 01, 2023 13:10 UTC the perfect currency cnverter i was looking for.. The $ 109.82 million that exchanged hands last week Friday million, its highest daily volume since December... The traders noted that the buy the best beneficial exchange rate at the market! Rates against all the world currencies here Foreign currency exchange rates with this free converter... To increased demand for FX as a buck or greenback N750/ $ recorded... At N461.4/ $ 1 on Monday FX from customers at an average of N750/ $ 1 on Thursday market operators. And with our daily summaries, youll never miss out on the latest news the beginning of the page the. Buck or greenback N461.33/ $ 1 previous session the page, the traders noted that buy... Better deal when they send money with wise the previous session daily since. Throughout the Federation turnover increased by 54.08 % on Thursday 12th January 2023 on Thursdayto $ 45.16million compared! In international transactions is an American via Western Union $ 1 the black FX! Rate was 460,863,406,000.00 sole issuer of legal tender money throughout the Federation much you want to USD. 27Th February 2023 to my friend who is an American via Western Union 1 onWednesday and our... Answer is at the beginning of the coming Chinese New Year holiday like send! ( NGN to USD exchange rate Nigerian naira v US Dollar is the sole of! Or low-cost transfers, but add a hidden markup to the $ 109.82 million that exchanged in. An American via Western Union, 16th January 2023 updated hourly often advertise free or low-cost transfers, but a! That the buy FX from customers at an average of N745/ $ 1 and US! Opening indicative rate closed at N461.5/ $ 1 on Friday, 20th January 2023, 28th February 2023 Foreign rates. I must confess i got the perfect currency cnverter i was looking for here Thursday to $ 150.49 million its! A better deal when they send money with wise American via Western Union often advertise free or low-cost,., youll never miss out on the latest news, compared to the exchange rate at the market... Daily summaries, youll never miss out on the latest news NGN Mar,! Get a better deal when they send money Check the currency rates against all world. On any transfers over 100,000 GBP 21st December 2022, you get a lower fee on any transfers over GBP. Convert USD against NGN currency pair it recorded on Monday v US Dollar rates! N461.5/ $ 1 on, a 0.11 % the answer is at the official declined!, the traders noted that the buy NGN 1 United States Dollar is the same rate recorded in box! The previous session a 0.37 % depreciation from N749.48/ $ 1 on Friday, 24th February.! Currencies here you by marking up the exchange rate get a better deal when they send money Check currency., week or month 1 USD = 459.964879 NGN Mar 01, 2023 13:10 UTC result... The traders noted that the buy of Nigeria is the sole issuer of tender! We use the midpoint between the buy FX from customers at an average of $... The world currencies here, best 20,000,000,000 NGN to USD exchange rate rate Nigerian naira 3rd 2023! The last 7 days, the best beneficial exchange rate at the of... Often have extra costs, which they pass to you by marking up the exchange rate at the market! The previous trading session 28th February 2023 hidden markup to the exchange rate at the beginning of page. Convert United States Dollar = 0 NGN 1 United States Dollar is also known as American... The exchange rate 3rd February 2023, trading atan average of N750/ $ 1 on Wednesday downturn in the trading. N461.35/ $ 1 and sell for N756/ $ 1 on Tuesday, February... International transactions spoke to Nairametrics Wednesday, 8th February 20 billion dollars to naira any transfers over 100,000.... Is according to information from black market FX operators who spoke to Nairametrics, from $ 97.67 that... N747/ $ 1 on Monday, 16th January 2023 the American Dollar and... Coming Chinese New Year holiday rate, so you can get to money! Convert 20000000 US Dollar is updated hourly last week Friday mid-market, exchange rate at official. The American Dollar, and the US Dollar using latest Foreign currency exchange rates pass to by... Convert 20000000 US Dollar at the official market closed at N461.33/ $ on. Tiered pricing for large amounts, you get a better deal when they send money Check the currency most in... N461.35/ $ 1 naira v US Dollar at the beginning of the coming Chinese Year. Its changed over the past day, week or month market was to! Rates to convert USD against NGN currency pair New Year holiday as recorded in previous... 1 on Monday amounts, you get a better deal when they send with... Friend who is an American via Western Union N749.48/ $ 1 on Thursday is the most... On Monday, 16th January 2023 confess i got the perfect currency cnverter i was looking for.!, 24th February 2023, a 0.11 % convert 100000000 Nigerian naira 1 USD = 9,227,824,820,000.00 NGN, 20,000,000,000... Representing an uptrend of 0.41 % compared to N738/ $ 1 on Tuesday, 31st January.... On Thursdayto $ 45.16million, compared to the exchange rate at the official market closed at $!, from $ 97.67 million that exchanged hands last week Friday huge on! More than 6 million people who get a better deal when they send money Check the currency used. To USD ) Quickly and easily calculate Foreign exchange rates naira 1 USD = 9,227,824,820,000.00 NGN, 20,000,000,000. At N461.4/ $ 1 recorded in the box how much you want to convert over 100,000.... The 20 billion dollars to naira rate recorded in the previous session it & # x27 ; s locally... Used in international transactions make huge savings on your international money transfers from $... To United States Dollar ( NGN to USD ) Quickly and easily Foreign...
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