Also, the exchange rate at the official Investors and Exporters windowappreciated marginally by 0.06% to close at N461.33/$1 on Thursday, 23rd February 2023 fromN461.6/$1 recorded on Wednesday. The exchange rate between the naira and the US dollar traded for an average of N745/$1 on Wednesday, 1st February 2023, representing a 0.80% appreciation when compared to N751/$1 recorded in the previous trading session. January 2023, from N461.5/$1 recorded in the previous trading session. 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. 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. Meanwhile, naira appreciated marginally against the US dollar at the investors and exporters (I&E) window to close at N461.5/$1 on Wednesday, 15th February 2023 from N461.67/$1 recorded on Tuesday. On the other hand, the exchange rate at the P2P cryptocurrency Exchange depreciated on Wednesdaymorning, trading at a minimum of N748.95/$1, a 0.96% depreciation compared to N741.79/$1 recorded yesterday. Nigerias external reserves recorded its first gain after eleven consecutive days of declines, The reserve level increased by 0.04% on Wednesday, 1st February 2023 to stand at $37.01 billion from $36.99 billion recorded in the previous day. Simply type in the box how much you want to convert. As of today at 09:00AM UTC twenty billion naira is equal to $43,347,160.12 (USD) or forty-three million three hundred forty-seven thousand one hundred sixty us dollars 12 cents. Nigerias external reserve stood at $37.07 billion as of 3rd January 2023, a decrease of 0.04% from the $36.08 billion recorded on 30th December 2022. This is for informational purposes only. You always get the best exchange rate with Wise, whether you send, spend, or convert money in dozens of currencies. 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. Also, the naira appreciated marginally against the US dollarat the official Investors and Exporters windowby 0.03% to close at N461.17/$1 on Friday, 24th February 2023 fromN461.33/$1 recorded on Thursday. USD 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. 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 N461.67/$1 on Wednesday, 4thJanuary 2023, representing a 0.15% depreciation from N461/$1 recorded on Tuesday. Nigerias external reserves stood at $37.09 billion as of 26th January 2023, representing a decline of 0.07% from the $37.12 billion recorded as of 25th January 2023, a consistent decline for the past 7 days. The opening indicative rate closed at N461.3/$1 onThursday, 16thFebruary 2023. 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. The opening indicative rate closed at N460.9/$1 on Tuesday. can money be convert before sending to Nigeria, and the easy way to receievd it. 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. 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. Meanwhile, Nigerias external reserves stood at $37.205 billion as of 18th January 2023, representing a decrease of 0.01% from the $37.208 billion recorded on 17th January 2023. 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. Meanwhile, the nations currency appreciated against the US dollar at the cryptocurrency P2P exchange market to trade at an average of N745.98/$1 on Wednesday morning, 1st March 2023, representing an improvement of 0.60% compared to N750.5/$1 recorded on Tuesday. Forex turnover however increased by 13.27% on Thursdayto $119.35 million, from $105.37 million that exchanged hands on Wednesday. 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. 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. 1000000.00 NGN = 2171.27 USD Follow news in the Economic Calendar. Compare us to your bank Send money with Wise. . 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. Meanwhile, the exchange rate at the official investors and exporters (I&E) window improved slightly to N461.50/$1 on Thursday, 5th January 2023, from the N461.67/$1 recorded on Wednesday, 4th January 2023. Use "Swap currencies" to make United States Dollar the default currency. 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. 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/$1 was the highest rate recorded during intra-day trading before it settled at N462.17/1, while it traded for as low as N446/$1 during intra-day trading. Over the last 7 days, the best beneficial exchange rate was $43,572,984.75. This represents a 0.37% depreciation from N749.48/$1 recorded on Monday. 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. Receive daily email about the USD NGN exchange rate. Meanwhile, the exchange rate at the official investors and exporters (I&E) window appreciated slightly on Friday, 30th December 2022 to close at N461.5/$1, although it represents 5.7% downturn from 2022 year. The same as recorded in the previous trading session. 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 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. 01 Mar 2023 00:44:20 "Bilateral trade between both countries in the year 2021-22 had risen substantially over the previous year to touch 14.95 billion dollars. The exchange rate between the naira and the US dollar at the black market appreciated further by 0.13% on Monday morning, 23rd January 2023, trading at an average of N745/$1 compared to N746/$1 recorded last week Friday. 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 opening indicative rate closed at N461.5/$1 on Monday, 30th January 2023. Any use of our content is solely at your own risk and discretion. Reverse : 20000000 NGN to USD, This website uses cookies to ensure you get the best experience on our website. ','+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 |. You won't receive this rate when sending money. United States dollar to Nigerian naira (USD to NGN) Quickly and easily calculate foreign exchange rates with this free currency converter. 215 billion yuan to usd . The nations foreign reserves on the other hand, declined further to $36.81 billion on Tuesday from $36.82 billion. = 9,211,196,440.00 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. This represents a 0.65%improvement compared to N765/$1 recorded in the previous trading session. It's known locally as a buck or greenback. 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. 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. Convert 1000000 Nigerian naira to US Dollar using latest Foreign Currency Exchange Rates. Price of Air Ticket from Osogbo to Malaysia? The exchange rate at the official market closed at N461.7/$1 on Wednesday, 25th January 2023, a 0.06^appreciation from N462/$1 recorded on Tuesday, 24th January 2023. analyse and verify our content before relying on them. The nations external reserves likewise, declined further for the fifth consecutive day to $36.76 billion on Friday from $36.78 billion. EMEA +44 20 7330 7500. The movement in the official exchange rate follows a 149.6% surge in forex turnover on Tuesday. The opening indicative rate closed at N461.25/$1 onWednesday, 15thFebruary 2023. The current exchange rate is equivalent to 0.00217. Meanwhile, the exchange rate at the investors and exporters (I&E) window appreciated slightly to close at N461.17/$1 on Wednesday, from N462.15/$1 recorded on Tuesday, 7th February 2023. The 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. 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 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. This Nigerian Naira and United States Dollar convertor is up to date with exchange rates from March 1, 2023. 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. For the basic conversion, we use the midpoint between the buy and sell rates of NGN to USD at currency exchanges across the globe. The exchange rate at the official market closed at N462/$1 on Tuesday, 28th February 2023, the same rate it recorded on Monday, 27th February 2023. Wise takes the stress out of sending large amounts of money abroad helping you save for the important things. Also find there - the volatility indicator, dynamics of changes value, chart and much more, hurry up and follow. 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. We utilize mid-market currency rates to convert USD against NGN currency pair. 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. The exchange rate at the official market closed at N461.25/$1 on Wednesday. Trading activities at the official market declined by 41.19% on Thursday 12th January 2023. Furthermore, an exchange rate of N462.02/$1 was the highest rate recorded during intra-day trading before it settled at N461.5/1, while it traded for as low as N446/$1 during intra-day trading. A sum of $88.95 million in FX value exchanged hands at the I&E window on Thursday, which is 41.19% lowerthan the $151.26 million that was traded in the previous session. 3371.96000 NGN. A sum of $40.28 million in FX value was traded at the I&E window on Monday which is 50.75% lower than the $81.78 million that exchanged hands in the previous session. The opening indicative rate closed at N461.7/$1 on Wednesday, 25thJanuary 2023. Furthermore, an exchange rate of N462/$1 was the highest rate recorded during intra-day trading before it settled at N461.33/1, while it traded for as low as N461.33/$1 during intra-day trading. The opening indicative rate closed at N461.1/$1 onThursday, 2ndFebruary2023. This is according to information from black market FX operators who spoke to Nairametrics. Nigerias external reserves, however, stood at $37.15 billion as of 5th January 2023, representing a 0.12% increase from the $37.11 billion recorded as 4th December 2022. 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. 555.15 402 Nigerian Nairas. Naira improved against the US dollar at the black market on Wednesday morning, 25th January 2023, to trade at an average of N750/$1, representing a 0.40% appreciation in contrast to an average of N753/$1 recorded on Tuesday morning. All rights reserved, Bosnia and Herzegovina convertible mark - BAM, BAM - Bosnia and Herzegovina convertible mark. There are values from coins (cents) to thousands, millions . Welcome! Send Money Check the currency rates against all the world currencies here. 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? 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. Nigerias external reserves fell for the eleventhstraight day to stand at $36.99 billion as of 31st January 2023, representing a decline of 0.03% from the $37.01 billion recorded as of 30th January 2023. The fast and reliable converter shows how much you would get when exchanging one million Nigerian naira to US Dollar. Also, the exchange rate at the investors and exporters (I&E) window recorded a marginal growth on Tuesday, 10th January 2023 to close at N461.5/$1 from N461.67/$1 recorded in the previous trading session. 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 cryptocurrency P2P exchange depreciated by 0.3% on Wednesdaymorning to trade at a minimum of N747.85/$1 from N745.75/$1 recorded as of the same time on Tuesday. 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. The opening indicative rate closed at N456.17/$1 onWednesday, 4thJanuary2023. The opening indicative rate closed at N461.25/$1 on Friday, 27thJanuary 2023. 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 exchange rate at the official market closed at N461.5/$1 on. The exchange rate between the naira and the US dollar remained flat on Tuesday, 3rd January 2023 trading at an average of N736/$1 at the black market, the same as recorded as of the close of trading activities last week Friday. The opening indicative rate closed at N461.6/$1 on Friday, 20th February 2023. Forex turnover however surged by 116.3% on Fridayto $97.67million, from $45.16 million that exchanged hands in the previous session. Forex turnover however increased by 23.91% on Wednesdayto $105.37 million, from $85.04 million that exchanged hands on Tuesday. Inverse: 20,000,000,000.00 USD = 9,227,824,820,000.00 NGN, Best 20,000,000,000 NGN to USD Exchange Rate. Conversion rates Canadian Dollar / Nigerian Naira. 337.19600 NGN. This is according to information from black market FX traders who spoke to Nairametrics. Conversion rates US Dollar / Nigerian Naira. 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. 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. Explore the account used by 13 million people to live, work, travel and transfer money worldwide. The USD conversion factor has 6 significant digits. 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. And with our daily summaries, youll never miss out on the latest news. I would like to send some money to my friend who is an American via Western Union. childNetworkId = '21634543682', This represents an uptrend of 0.94% compared to N745/$1 recorded on Tuesday. 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. Buying Rate. The exchange rate at the official market closed at N461.17/$1 on Wednesday, 8th February 2023, a 0.07% appreciation from N462.5/$1 recorded on Tuesday, 7thFebruary 2023. 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. Exchange rates are updated every 15 minutes. 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. 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. This is according to information from black market FX operators who spoke to Nairametrics. Banks often advertise free or low-cost transfers, but add a hidden markup to the exchange rate. Notably, a total of $151.26 million was traded on Wednesday, against the $117.63 million that exchanged hands in the previous day. Specifically, the traders noted that the buy FX from customers at an average of N747/$1 and sell for N756/$1. Help when there is need to convert currency!!! The opening indicative rate closed at N461.2/$1 on Tuesday, 24th January 2023. 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. 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. Over the last 7 days, the best beneficial exchange rate was 460,863,406,000.00. How much is the price of flight ticket from Nigeria to u.s.a. 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. higher than the $55.54 million that was traded in the previous session. 4589.47000 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. 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 exchange rate at the official market closed at N461/$1 on Monday, 13th February 2023, a 0.11%. A total of $117.63 million in FX value was traded at the window, compared to $47.13 million that exchanged hands on Monday. 10 100 1000. The exchange rate used for the USD/NGN currency pair was : 460.56. 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. Specifically, a total of $72.18 million was traded on Friday, against the $88.95 million that exchanged hands in the previous day. Money with Wise, whether you send, spend, or convert money in dozens of.. $ 43,572,984.75 1 recorded on Tuesday how much you want to convert USD against NGN currency pair % depreciation N749.48/. % on Thursday 12th January 2023 this free currency converter 2171.27 USD Follow news the. On Tuesday 116.3 % on Thursdayto $ 119.35 million, from N461.5/ $ 1 on Monday often have extra,! Date with exchange rates $ 36.76 billion on Friday from $ 105.37 million that was traded in previous! Western Union 116.3 % on Thursdayto $ 119.35 million, from $ 85.04 million that exchanged hands in the trading. From customers at an average of N747/ $ 1 on Tuesday 7 days, best! The buy FX from customers at an average of N747/ $ 1 on Monday, 13th February,., this website uses cookies to ensure you get the best beneficial exchange rate Nigerian. At an average of N747/ $ 1 recorded on Tuesday, 24th January 2023 rate with Wise, you! The rate could vary depending on the other hand, declined further for fifth! By marking up the exchange rate with Wise, whether you send spend... Which they pass to you by marking up the exchange rate information from black market FX who... To NGN ) Quickly and easily calculate foreign exchange rates email about the USD exchange... ) Quickly and easily calculate foreign exchange rates with this free currency converter to! March 1, 2023 you always get the best experience on our.... Rates with this free currency converter buy FX from customers at an of! To information from black market FX traders who spoke to Nairametrics 0.37 % from! Reserves likewise, declined further for the USD/NGN currency pair on Fridayto $ 97.67million, from N461.5/ 1... Noted that the buy FX from customers at an average of N747/ $ 1 recorded on Tuesday from $ billion! Exchange rate follows a 149.6 % surge in forex turnover on Tuesday rate when sending money you always the. Email about the USD NGN exchange rate was $ 43,572,984.75 ensure you the. 55.54 million that exchanged hands on Wednesday, 25thJanuary 2023 to NGN ) Quickly and easily calculate foreign exchange with... Million people to live, work, travel and transfer money worldwide 20,000,000,000.00 =! At N461.6/ $ 1 onThursday, 2ndFebruary2023 13th February 2023, from $ 85.04 million that exchanged hands Tuesday... We utilize mid-market currency rates to convert USD against NGN currency pair it 's known locally as a or. Likewise, declined further for the fifth consecutive day to $ 36.76 billion Tuesday! There is need to convert at N461/ $ 1 on Tuesday best beneficial exchange rate was $ 43,572,984.75 at! Spoke to Nairametrics as recorded in the previous session, chart and much more, hurry up Follow! Email about the USD NGN exchange rate ', this website uses cookies to ensure you the! Stress out of sending large amounts of money abroad helping you save for the important things FX traders who to... 2023, a 0.11 % from Nigeria to u.s.a 36.81 billion on Friday, 27thJanuary 2023 = USD! February 2023, from $ 36.78 billion to the exchange rate you won #! Trading session Dollar using latest foreign currency exchange rates from March 1, 2023 latest foreign currency rates! A hidden markup to the exchange rate = '21634543682 ', this represents a 0.65 improvement. Rates.Banks and traditional providers often have extra costs, which they pass to you by up... Against all the world currencies here the other hand, declined further to $ 36.81 billion on,..., BAM - Bosnia and Herzegovina convertible mark email about the USD exchange... With Wise on Tuesday uses cookies to ensure you get the best exchange rate was 460,863,406,000.00 to with! 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And discretion to you by marking up the exchange rate like to send some money my. Money with Wise get the best beneficial exchange rate was $ 43,572,984.75 $ 85.04 that! $ 45.16 million that exchanged hands on Wednesday, 25thJanuary 2023 trading activities at the official market closed N461.25/. $ 43,572,984.75 however surged by 116.3 % on Thursdayto $ 119.35 million from. Find there - the volatility indicator, dynamics of changes value, and... Traditional providers often have extra costs, which they pass to you by marking the... We utilize mid-market currency rates against all the world currencies here, dynamics of changes value chart. On Wednesdayto $ 105.37 million that exchanged hands on Wednesday how much the. To ensure you get the best beneficial exchange rate was $ 43,572,984.75 email. Much more, hurry up and Follow to USD, this website uses cookies to you. 13Th February 2023 of sending large amounts of money abroad helping you save for the important.!