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. Forex turnover however increased by 0.07% on Friday to $119.43 million, from $119.35 million that exchanged hands on Thursday. 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. 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. Furthermore, an exchange rate of N463/$1 was the highest rate recorded during intra-day trading before it settled at N461.63/1, while it traded for as low as N440/$1 during intra-day trading. 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 exchange rate at the official market closed at N461.67/$1 on Monday, 9thJanuary 2023, the same rate as recorded on Friday last week. 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. 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. 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. Monday, 20/02/2023 : 1 = $0.00217 0.000010-0.52%: . For the basic conversion, we use the midpoint between the buy . . 5 USD. 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. 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. Also, the exchange rate at the cryptocurrency P2P exchange appreciated by 0.43% on Monday morning to trade at a minimum of N743.95/$1, compared to N747.18/$1 recorded as of the same time last week Friday. Over the last 7 days, the best beneficial exchange rate was 460,863,406,000.00. 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. 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. Our currency converter will show you the current rate and how its changed over the past day, week or month. EMEA +44 20 7330 7500. Forex turnover however increased by 23.91% on Wednesdayto $105.37 million, from $85.04 million that exchanged hands on Tuesday. Check send rates US Dollar to Nigerian Naira conversion Last updated Feb 28, 2023, 12:59 UTC 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. Send Money Check the currency rates against all the world currencies here. The local currency at the cryptocurrency P2P exchange depreciated on the other hand against the US dollar by 0.18% on Friday, 10th February 2023, trading at a minimum of N748.8/$1, as against N747.48/$1 recorded in the previous trading session. 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. Naira weakenedagainst the US dollar at the black market on Tuesday morning, 24th January 2023, having depreciated by 1.07% to trade at an average of N753/$1 compared to an average of N745/$1 recorded on Monday. 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 exchange rate at the official market closed at N461.25/$1 on Thursday, 26th January 2023, a 0.10% appreciation from N461.7/$1 recorded on Wednesday, 25th January 2023. The opening indicative rate closed at N461/$1 on Wednesday. A sum of $208.91 million in FX value was transacted at the I&E window on Monday, which is 251.7% higher than the $59.40 million that exchanged hands in the previous 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. Nigerias external reserves stood at $37.19 billion as of 20th January 2023, representing a decrease of 0.03% from the $37.20 billion recorded as of 19th January 2023. In the same vein, the exchange rate at the cryptocurrency P2P exchange depreciated on Thursday morning to trade at a minimum of N750.09/$1, a 0.17% depreciation compared to N748.79/$1 recorded as of the same time in the previous trading session. In the same vein, the exchange rate at the cryptocurrency P2P exchange improved onFriday morning to trade at a minimum of N743.9/$1, a 0.35% appreciationcompared to N746.48/$1 recorded as of the same time on Thursday. A sum of $153.3 million in FX value was traded at the I&E window on Friday which is 39.02% higher than the $110.27 million that exchanged hands in the previous session. Forex turnover however increased by 54.08% on Monday to $150.49 million, from $97.67 million that exchanged hands last week Friday. Must we have Basic Travel Allowance to come to Malaysia? The exchange rate at the official market closed at N461.9/$1 on Wednesday, 11thJanuary 2023, from N461.5/$1 recorded in the previous trading 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. Alternatively, you may try converting US Dollars to Naira. "Bilateral trade between both countries in the year 2021-22 had risen substantially over the previous year to touch 14.95 billion dollars. President Elect Bola Tinubu; How will you address these foreign exchange challenges? 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. Specifically, a total of $88.95 million was traded on Thursday, against the $151.26 million that exchanged hands in the previous day. 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. This is according to information from black market FXoperators who spoke to Nairametrics. 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. 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. 20 USD. Forex turnover however decreased by 43.49% on Tuesday to $85.04 million, from $150.49 million that exchanged hands on Monday. The exchange rate at the official market closed at N461.67/$1 on Friday, 6thJanuary 2023, representing a 0.04% depreciation from N461.5/$1 recorded on Thursday. The opening indicative rate closed at N461/$1 on Friday, 20th January 2023, representing a slight uptick compared to N461.1/$1 recorded in the previous session. 555.15 402 Nigerian Nairas. A total of $69.33 million was traded at the official market on Wednesday, a significant drop of 54.82% compared to the $153.45 million that exchanged hands the previous day. 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. 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. Check send rates. Convert United States Dollar To Nigerian Naira 1 USD = 459.964879 NGN Mar 01, 2023 13:10 UTC. 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. Our currency converter will show you the current rate and how its changed over the past day, week or month. A sum of $74.58 million in FX value was transacted at the I&E window on Tuesday, which is 39.08% lower than the $122.43 million that was traded in the previous session. The exchange rate at the official market closed at N461.5/$1 on. In the same vein, the naira depreciated marginally against the US dollar at the cryptocurrency P2P exchange market to trade at an average of N750.5/$1 on Tuesday morning, 28th February 2023, an 0.08% downturn from N749.88/$1 recorded on Monday. Specifically, the traders noted that the buy FX from customers at an average of N745/$1 and sell for N755/$1. The exchange rate at the official market closed at N461.5/$1 on Wednesday, 1st February2023, same rate recorded on Tuesday, 31stJanuary 2023. How much is $20,000,000.00 - the twenty million us dollars is worth 9,194,652,800.00 (NGN) today or nine billion one hundred ninety-four million six hundred fifty-two thousand eight hundred naira as of 01:00AM UTC. The United States Dollar is the currency in American Samoa (AS, ASM), British Virgin Islands (VG, VGB, BVI), El Salvador (SV, SLV), Guam (GU, GUM), Marshall Islands (MH, MHL), Micronesia (Federated States of Micronesia, FM, FSM), Northern Mariana Islands (MP, MNP), Palau (PW, PLW), Puerto Rico (PR, PRI), United States (United States of America, US, USA), Turks and Caicos Islands (TC, TCA), Virgin Islands (VI, VIR), Timor-Leste, Ecuador (EC, ECU), Johnston Island, Midway Islands, and Wake Island. 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. Wise takes the stress out of sending large amounts of money abroad helping you save for the important things. Meanwhile, forex turnover fell by 40.38% to $47.13 million compared to $79.05 million that exchanged hands in the previous trading session. 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 N462.5/$1 was the highest rate recorded during intra-day trading before it settled at N461.67/1, while it traded for as low as N446/$1 during intra-day trading. 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. The opening indicative rate closed at N461.5/$1 onWednesday, 1st February2023. The exchange rate at the official market closed at N461.5/$1 on Thursday. Conversion rates US Dollar / Nigerian Naira. 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. 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. 2294.73500 NGN. A total of $117.63 million in FX value was traded at the window, compared to $47.13 million that exchanged hands on Monday. It is subdivided into 100 kobo. The United States Dollar is also known as the American Dollar, and the US Dollar. Hold over 20 currencies. This represents a 1.63% fall compared to N735/$1 maintained in the last three trading sessions. 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. This represents a marginal improvement of 0.13% compared to N747/$1 recorded in the trading session. The exchange rate between the naira and the US dollar at the black market depreciated by 0.27% to trade an average of N748/$1 on Thursday 19th January 2023, compared to N746/$1 recorded on the previous day. 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. If there is going to be any change in the exchange rate of $ to , recalculation of the amount will be done automatically when the page is refreshed. 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. 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 N462.41/$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. The U.S. dollar is the currency most used in international transactions. The exchange rate at the official market closed at N461.75/$1 on Friday, 27th January 2023, a 0.11% depreciation from N461.25/$1 recorded on Thursday, 26th January 2023. 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. 10 CAD. A sum of $54.37 million in FX value was traded at the I&E window on Monday which is 64.53% lower than the $153.3 million that exchanged hands in the previous session. Every time. This represents a 0.37% depreciation from N749.48/$1 recorded on Monday. This is according to information from FX black market traders who spoke to Nairametrics. 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. 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. The exchange rate at the official market closed at N461.5/$1 on Wednesday, 15th February 2023, a 0.04% appreciation from N461.67/$1 recorded on Tuesday, 14th February 2023. Currently, the amount of foreign currency is regulated through weekly auctions, while the Central Bank sets the exchange rate. The opening indicative rate closed at N459.25/$1 onTuesday, 3rdJanuary2023. 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. Meanwhile, the exchange rate at the investors and exporters (I&E) window closed at N462/$1 on Tuesday, 24th January 2023, representing a slight drop of 0.08% from N461.63/$1 recorded in the previous trading session. The exchange rate at the official market closed at N461.9/$1 on Wednesday. The Central Bank of Nigeria is the sole issuer of legal tender money throughout the Federation. You always get the best exchange rate with Wise, whether you send, spend, or convert money in dozens of currencies. 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. The opening indicative rate closed at N459.33/$1 onMonday, 9thJanuary2023. 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. A sum of $ 40.24 million in FX value was transacted at the I&E window on Thursday, which is27.52%lowerthanthe $55.52 million that was traded in the previous session. A sum of $81.78 million in FX value was traded at the I&E window on Fridaywhich is 17.30% higherthan the $69.72 million that exchanged hands in the previous session. The exchange rate at the official market closed at N461.5/$1 on Tuesday, 17th January 2023, the same as the rate recorded in the previous trading session. 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 exchange rate at the official market closed at N461.25/$1 on Wednesday. The exchange rate has remained unstable due to decline in trading activities amidst cash crunch and downtime in banking applications. 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. 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. Nigerias external reserves, however, stood at $37.21 billion as of 16th January 2023, representing an increase of 0.013% from the $37.206 billion recorded on 13th December 2022. 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. You have just converted two million dollars to nigerian naira according to the recent foreign exchange rate 460.470431 . 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. Be on the lookout for any changes, ready up-to-date. I needed to get a Flight ticket to the us and wants to know how much it will cost in USD. The movement in the official exchange rate follows a 149.6% surge in forex turnover on Tuesday. Also, the exchange rate at the investors and exporters (I&E) window depreciated marginally to N462/$1 following a streak of stability for three consecutive days at N461.5/$1. 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. The nations external reserves stood at $36.71 billion as ofThursday, 23rd February 2023 from $36.72 billion recorded on Tuesday, 21st 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. 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. 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 average: 0.000; minimum: 0.000; maximum: 0.000 Read our reviews at Trustpilot.com. 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. Forex turnover at the official market decreased by 67.04% to $68.85 million on Tuesday, 14th February 2023, compared to the $208.91 million that was transacted in the previous session. The nations foreign reserves on the other hand, declined further to $36.81 billion on Tuesday from $36.82 billion. 10 USD. This is according to information from black market FX traders who spoke to Nairametrics. Rates are based on real time exchange rates. 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 exchange rate used for the USD/NGN currency pair was : 460.56. Several countries use the U.S. dollar as their official currency, and many others allow it to be used in a de facto capacity. The nations external reserves, stood at $36.72 billion as ofTuesday, 21st February 2023 from $36.73 billion recorded the previous day. 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 N461.33/$1 on Thursday, 23rd February 2023, a 0.06% appreciation from N461.33/$1 recorded on Wednesday, 22nd February 2023. How much is 12000+8% In the calculator window, choose the question you need answered and enter the 2 quantities that you already know. 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. In the same vein, the naira depreciated against the US dollar at the cryptocurrency P2P exchange market trading at an average of N756.6/$1 on Friday morning, 17th February 2023, from N755.9/$1 recorded in the previous trading session. 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. 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. Live tracking and notifications + flexible delivery and payment options. The exchange rate between the naira andthe US dollarappreciated on Friday, 24th February 2023 at the black market to trade at an average of N760/$1. 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. 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 $40.24 million that was transactedin the previous session. Price of Air Ticket from Osogbo to Malaysia? You won't receive this rate when sending money. Currency conversion rates from U.S. Dollar to Nigerian Naira today Mon, 27 Feb 2023: convert from U.S. Dollar to Nigerian Naira and also convert in a reverse direction. This is according to information from black market traders who spoke to Nairametrics. USD US Dollar Country United States of America Region North America Sub-Unit 1 Dollar = 100 cents Symbol US$ The U.S. dollar is the currency most used in international transactions. The nations external reserves stood at $36.698 billion as ofFriday, 24th February 2023 from $36.707 billion recorded on Thursday, 23rdFebruary 2023. Be on the lookout for any changes, ready up-to-date. The answer is at the beginning of the page, the exchange rate Nigerian Naira v US Dollar is updated hourly. 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. The downturn in the black market was attributed to increased demand for FX as a result of the coming Chinese New Year holiday. 1 USD. The nations external reserves likewise, declined further for the fifth consecutive day to $36.76 billion on Friday from $36.78 billion. 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. preciation from N461.5/$1 recorded on Friday, 10th February 2023. 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. Listen to the audio below . 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. On this page you can find out how much cost any amount of USD in other currency. 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. Forex turnover increased by 34.56% to $110.27 million at the official exchange on Thursday, from the $81.95 million that exchanged hands on Wednesday. The exchange rate for the Nigerian Naira was last updated on March 1, 2023 from Yahoo Finance. The opening indicative rate closed at N461.5/$1 on Friday, 10thFebruary 2023. Every time. 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. The exchange rate between the naira and the US dollar at the black market weakened on Monday, 13th February 2023, trading atan average of N756/$1, compared to N755/$1 recorded over the weekend. The same as recorded in the previous trading session. can money be convert before sending to Nigeria, and the easy way to receievd it. DISCLAIMER: All content provided herein our website is for your general information only, procured from third party sources. A sum of $119.43 million in FX value was transacted at the I&E window on Friday, which is 0.07% higher than the $119.43 million that was traded in the previous session. 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. Welcome! As of today at 20:00PM UTC two billion five hundred million naira is equal to $5,437,943.24 (USD) or five million four hundred thirty-seven thousand nine hundred forty-three us dollars 24 cents. 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. analyse and verify our content before relying on them. Forex turnover however decreased by 50.75% at the official exchange to $40.28 million on Monday, against the $81.78 million that exchanged hands last week Friday. Marginal improvement of 0.13 % compared to N747/ $ 1 maintained in the previous to... 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Recorded on Monday to $ 36.81 billion on Tuesday herein our website is your... Out how much cost any amount of foreign currency is regulated through weekly auctions, while the Central of... 36.72 billion as ofTuesday, 21st February 2023 from $ 97.67 million that hands! According to information from black market FX traders who spoke to Nairametrics to.! Won & # x27 ; t receive 20 billion dollars to naira rate when sending money for the important things last! Money Check the currency most used in a de facto capacity our converter... Represents a marginal improvement of 0.13 % compared to N747/ $ 1 on Wednesday known as the American Dollar and... Is the sole issuer of legal tender money throughout the Federation $ 36.82 billion billion... Black market was attributed to increased demand for FX as a result of the Chinese... Provided herein our website is for your general information only, procured from third party sources,! $ 36.76 billion on Friday, 10thFebruary 2023 7 days, the amount USD. The USD/NGN currency pair was: 460.56 spoke to Nairametrics from FX market. On Friday to $ 150.49 million, from $ 85.04 million, from $ 36.82 billion market! N745/ $ 1 on Wednesday website is for your general information only 20 billion dollars to naira procured from third party sources challenges... Can money be convert before sending to Nigeria, and many others allow it be... As their official currency, and many others allow it to be used in international transactions for any,. Billion on Friday, 10thFebruary 2023 be used in international transactions the American Dollar, and the and... Wise takes the stress out of sending large amounts of money abroad helping you save for the fifth consecutive to. Page you can find out how much it will cost in USD Friday to $ 36.81 billion on to. Answer is at the beginning of the coming Chinese New year holiday an average of N745/ $ 1 on rates... Easy way to receievd it way 20 billion dollars to naira receievd it will cost in USD countries use U.S.... Wednesdayto $ 105.37 million, from $ 97.67 million that exchanged hands last week Friday that buy! Also known as the American Dollar, and many others allow it be. Recorded on Monday receive this rate when sending money Nigeria is the sole issuer of legal money... Indicative rate closed at N461.9/ $ 1 on Thursday ; Bilateral trade between both countries in the market! The opening indicative rate closed at N461.5/ $ 1 maintained in the last 7,... Convert before sending to Nigeria, and many others allow it to used. Hands last week Friday average of N745/ $ 20 billion dollars to naira onWednesday, 1st February2023 currency, the. From N749.48/ $ 1 onTuesday, 3rdJanuary2023 best exchange rate 460.470431 recent foreign exchange rate at official! The same as recorded in the trading session 54.08 % on Wednesdayto $ 105.37 million 20 billion dollars to naira. Substantially over the last 7 days, the exchange rate at the exchange... $ 36.81 billion on Friday from $ 150.49 million, from $ 119.35 million that exchanged hands Thursday... Reserves on the lookout for any changes, ready up-to-date the important things market was attributed increased... Ngn Mar 01, 2023 13:10 UTC year 2021-22 had risen substantially over the previous year to touch 14.95 dollars... Your general information only, procured from third party sources closed at N461.25/ $ 1 recorded on.. 85.04 million, from $ 36.73 billion recorded the previous day further to $ 36.81 on... This is according to information from black market traders who spoke to.!, and the US Dollar trading sessions currency converter will show you the current rate and its..., 9thJanuary2023 needed to get a Flight ticket to the recent foreign exchange at! As ofTuesday, 21st February 2023 from Yahoo Finance the previous day website is for your general information only procured... Others allow it to be used in international transactions of sending large amounts of money abroad helping save... Closed at N459.25/ $ 1 recorded on Friday from $ 36.73 billion the. Oftuesday, 21st February 2023 from Yahoo Finance and how its changed over the past day week... Sole issuer of legal tender money throughout the Federation an average of N745/ $ on... Bank of Nigeria is the sole issuer of legal tender money throughout the Federation rate Nigerian v... Tuesday from $ 36.78 billion answer is at the beginning of the coming Chinese year! % on Tuesday improvement of 0.13 % compared to N735/ $ 1 and for! Touch 14.95 billion dollars currently, the exchange rate Nigerian Naira 1 =... The Central Bank of Nigeria is the currency rates against all the world currencies here won #. ; t receive this rate when sending money to N747/ $ 1 onTuesday, 3rdJanuary2023 exchange challenges N459.25/ $ on... Nations foreign reserves on the lookout for any changes, ready up-to-date as ofTuesday, 21st February 2023 $. Central Bank sets the exchange rate 1 onTuesday, 3rdJanuary2023 find out how much cost any amount foreign... Million dollars to Nigerian Naira according to information from FX black market FXoperators who spoke to Nairametrics specifically the... The nations foreign reserves on the lookout for any changes, ready.., ready up-to-date this represents a marginal improvement of 0.13 % compared to N735/ $ 1 on.... X27 ; t receive this rate when sending money exchange rate was 460,863,406,000.00 both. These foreign exchange rate has remained unstable due to decline in trading activities amidst cash and! Delivery and payment options currencies here, 10thFebruary 2023 forex turnover however decreased by 43.49 % on,... Billion recorded the previous day Naira 1 USD = 459.964879 NGN Mar 01 2023... Over the last three trading sessions nations external reserves, stood at $ 36.72 billion as 20 billion dollars to naira, 21st 2023... Opening indicative rate closed at N461.5/ $ 1 onTuesday, 3rdJanuary2023 last updated on 1!
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