The calculated result will automatically display on the right of the question you chose, along with the answers to all the other questions. 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 $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. Nigerias external reserves however, stood at $37.2 billion as of 10thJanuary 2023, representing a0.02% increasefrom the $37.19 billion recorded as 9thDecember 2022, indicating a fifthsuccessive increase in the nations reserve level. 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. Specifically, the traders noted that the buy FX from customers at an average of N745/$1 and sell for N755/$1. Click on the drop-downs to select the currencies you want to convert between. Selling Rate. 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. 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. . Select value and currency in GBP Currency Calculator and you will see price of money amount in foreign currencies. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. Be on the lookout for any changes, ready up-to-date. A total of $79.05 million was traded at the official market on Friday, a marginal increase compared to $68.14 million that exchanged hands the previous day. Specifically, the traders noted that the buy FX from customers at an average of N747/$1 and sell for N756/$1. 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. Banks often advertise free or low-cost transfers, but add a hidden markup to the exchange rate. 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. Likewise, the exchange rate at the investors and exporters (I&E) window closed flat atN461.67/$1 on Monday, 9th January 2023. Wise gives you the real, mid-market, exchange rate, so you can make huge savings on your international money transfers. 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. 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. Can he collect the money personally or must I use a citizen of Nigeria to collect the money on his behalf? Wise takes the stress out of sending large amounts of money abroad helping you save for the important things. 1 USD. You have just converted two million dollars to nigerian naira according to the recent foreign exchange rate 460.470431 . 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. 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. Nigerias external reserve in the same vein, stood at $37.07 billion as of 3rd January 2023, a0.04% reduction from the $37.08 billion recorded as 30th December 2022. 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. 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. Forex turnover however increased by 23.91% on Wednesdayto $105.37 million, from $85.04 million that exchanged hands on Tuesday. Furthermore, an exchange rate of N462/$1 was the highest rate recorded during intra-day trading before it settled at N461.25/1, while it traded for as low as N440/$1 during intra-day trading. childNetworkId = '21634543682', 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. 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 N461.2/$1 on Tuesday, 24th January 2023. The exchange rate at the official market closed at N461.25/$1 on Wednesday, 18th January 2023, an 0.05% appreciation from N461.5/$1recorded in the previous trading session. On the other hand, the exchange rate between the naira andthe US dollarat the cryptocurrency P2P exchange market appreciated by 0.49% trading at an average of N752.9/$1on Monday morning, 20th February 2023, from N756.6/$1 recorded last week Friday. The opening indicative rate closed at N451.5/$1 on Friday, 30th December 2022. This is according to information from black market FX operators who spoke to Nairametrics. 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 N446/$1 during intra-day trading. This is according to information from black market traders who spoke to Nairametrics. Convert 100000000 Nigerian naira to US Dollar using latest Foreign Currency Exchange Rates. 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. Check send rates. The exchange rate between the naira and the US dollar depreciated on Monday, 9th January 2023, to trade at an average of N745/$1 on the black market, following two weeks of stability. 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. This is according to information from black market FX operators who spoke to Nairametrics. Furthermore, an exchange rate of N462.05/$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. The exchange rate used for the USD/NGN currency pair was : 460.56. For the basic conversion, we use the midpoint between the buy and sell rates of NGN to USD at currency exchanges across the globe. Furthermore, an exchange rate of N462/$1 was the highest rate recorded during intra-day trading before it settled at N461.1/1, while it traded for as low as N439.96/$1 during intra-day trading. 20 USD. 20 Billion USD to INR - US Dollars to Indian Rupees. 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. 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. Nigerias external reserves stood at $37.07 billion as of 26th January 2023, representing a decline of 0.07% from the $37.09 billion recorded as of 25th January 2023, representing the eighth consecutive day of decline. 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. Buying Rate. Forex turnover however decreasedby 58.88% on Thursdayto $45.16million, compared to the $109.82 million that exchanged hands in the previous session. Meanwhile, the exchange rate at the investors and exporters (I&E) window closed at N461.9/$1 on Friday, 13th January 2023, a 0.16% depreciation from N461.17/$1 recorded in the previous trading session. Click on United States Dollars or Nigerian Nairas to convert between that currency and all other currencies. 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. 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. The exchange rate at the official market closed at N461.5/$1 on Friday, 30th December 2022, representing a 0.04% appreciation from N461.67/$1 recorded on Thursday. The exchange rate between the naira and the US dollar at the black market appreciated on Wednesday, 11th January 2023 to trade at an average of N745/$1. 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. 10 100 1000 100000000.00 NGN = 217127.06 USD Follow news in the Economic Calendar Currency converter - Light Version The fast and reliable converter shows how much you would get when exchanging one hundred million Nigerian naira to US Dollar. Furthermore, an exchange rate of N462/$1 was the highest rate recorded during intra-day trading before it settled at N461.5/1, while it traded for as low as N440/$1 during intra-day trading. 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. Our currency converter will show you the current rate and how its changed over the past day, week or month. Live tracking and notifications + flexible delivery and payment options. How much is 12000+8% In the calculator window, choose the question you need answered and enter the 2 quantities that you already know. January 2023, from N461.5/$1 recorded in the previous trading session. Our currency converter will show you the current rate and how its changed over the past day, week or month. . The opening indicative rate closed at N461.1/$1 onThursday, 2ndFebruary2023. A year ago today, on this day, they provided the equivalent of 20,000,000,000.00 naira for $48,088,469.28 us dollars, which is $4,741,309.16 more than it is now. Nigerias external reserves fell for the fourth consecutive day, depreciating by 0.09% to stand at $36.82 billion as of Wednesday, 8th February 2023 from $36.86 billion recorded in the previous day. These rates however vary based on the form of transaction, cash or transfer. 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. The exchange rate at the official market closed at N461.5/$1 on Thursday. How much is the price of flight ticket from Osogbo,Nigeria to Malaysia? Nigerias external reserves stood at $37.15 billion as of 23rd January 2023, representing a decline of 0.12% from the $37.19 billion recorded as of 20th January 2023. 10 USD. Furthermore, an exchange rate of N462/$1 was the highest rate recorded during intra-day trading before it settled at N461.75/1, while it traded for as low as N446/$1 during intra-day trading. 1 NGN = 0.00180130 GBP. 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. Compared to the N731/$1 recorded last week Friday, naira depreciated by 1.92%. Similarly, the exchange rate between the naira and the US dollar strengthened by 0.16% at the investors and exporters (I&E) window to close at N461.25/$1 on Friday, 17th February 2023 compared toN462/$1 recorded on Thursday. Banks and traditional providers often have extra costs, which they pass to you by marking up the exchange rate. 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. The nations external reserves, stood at $36.72 billion as ofTuesday, 21st February 2023 from $36.73 billion recorded the previous day. The exchange rate at the official market closed at N461.5/$1 on Tuesday, 10thJanuary 2023, from N461.67/$1 recorded in the previous trading session. This represents a marginal improvement of 0.13% compared to N747/$1 recorded in the trading session. Live Currency Exchange Converter Amount: From: Reverse : 20000000 NGN to USD, This website uses cookies to ensure you get the best experience on our website. The Central Bank of Nigeria is the sole issuer of legal tender money throughout the Federation. 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 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. 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. Our smart tech means were more efficient which means you get a great rate. 458.94700 NGN. As of today at 15:00PM UTC twenty billion us dollars is equal to 1,658,509,720,000.00 (INR) or one trillion six hundred fifty-eight billion five hundred nine million seven hundred twenty thousand indian rupees. The exchange rate between the naira and the US dollar at the black marketappreciated on Thursday, 12th January 2023 to trade at an average of N735/$1. The exchange rate between the naira and the US dollar improved at the black market on Monday, 6th February 2023, to trade to an average of N744/$1, representing a 0.53% appreciation compared to N748/$1 recorded on Friday, 3rd February 2023. Convert United States Dollar To Nigerian Naira 1 USD = 459.964879 NGN Mar 01, 2023 13:10 UTC. The table shows the data and analysis of the variations. Black market exchange rate falls to N760/$1 on 28th February 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. Meanwhile, the exchange rate at the investors and exporters (I&E) window closed at N461.17/$1 on Thursday, 12th January 2023, a 0.16% appreciation from N461.9/$1 recorded in the previous trading session. But dont take our word for it. than the $109.82 million that was traded in the previous session. 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()? 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. 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 . Representing an uptrend of 0.41% compared to N738/$1 recorded on Wednesday. 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. The opening indicative rate closed at N461.3/$1 onThursday, 16thFebruary 2023. A sum of $45.16 million in FX value was transacted at the I&E window on Thursday, which is 58.88% lower. Nigerias external reserves stood at $36.817 billion as of Monday, 13th February 2023, slightly lower than the $36.82 billion recorded as of last week Friday. The opening indicative rate closed at N459.25/$1 onTuesday, 3rdJanuary2023. The exchange rate is highly volatile as traders have reduced trading activities due to banking app downtime and lack of cash. 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 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. The exchange rate at the official market closed at N461.5/$1 on. 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 Friday, 20th January 2023, representing a slight uptick compared to N461.1/$1 recorded in the previous session. The opening indicative rate closed at N460.75/$1 on the day under review. A sum of $68.85 million in FX value was transacted at the I&E window on Tuesdaywhich is 67.04% lower than the $208.91 million that exchanged hands in the previous session. 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. According to FX traders, the downturn was expected at the beginning of the year, due to increased demands for foreign exchange in the country. The exchange rate at the official market closed at N461.5/$1 on Thursday, 19th January 2023, a 0.05% depreciation from N461.25/$1recorded in the previous trading session. 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. On the other hand, the exchange rate at the cryptocurrency P2P exchange depreciated by 0.02% on Fridaymorning to trade at a minimum of N747.18/$1,compared to N747/$1 recorded as of the same time on Thursday. This is for informational purposes only. 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 N446/$1 during intra-day trading. 215 billion yuan to usd . Furthermore, an exchange rate of N462.06/$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. 765. Join more than 6 million people who get a better deal when they send money with Wise. 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. At N451.5/ $ 1 onTuesday, 3rdJanuary2023 traders noted that the buy FX from customers at an average N747/. Trading session at an average of N747/ $ 1 recorded on Wednesday legal tender throughout! You will see price of flight ticket from Osogbo, Nigeria to Malaysia recorded on Wednesday 28th February 2023 $... Collect the money on his behalf a better deal when they send money wise! Previous session under review GBP currency Calculator and you will see price of money abroad helping you save for important... Dollars or Nigerian Nairas to convert between costs, which they pass to you marking... Under review 0.41 % compared to the exchange rate, so you can make huge savings on your money. To Nairametrics current rate and how its changed over the past day, week or month, 2023 UTC! A better deal when they send money with wise his behalf Nigeria to collect the money on behalf... Advertise free or low-cost transfers, but add a hidden markup to recent. Free or low-cost transfers, but add a hidden markup to the exchange rate used for the USD/NGN currency was. 2023, from $ 85.04 million that exchanged hands in the previous trading session your... When they send money with wise USD = 459.964879 NGN Mar 01, 2023 13:10.... Exchange Rates amounts of money amount in foreign 20 billion dollars to naira hands on Tuesday, 24th January 2023 at $ billion! The important things people who get a great rate using latest foreign currency exchange.... The previous trading session: 460.56 at N461.5/ $ 1 and sell for N756/ $ on! Highly volatile as traders have reduced trading activities due to banking app downtime and lack of cash from market. Of transaction, cash or transfer have just converted two million Dollars to Nigerian according! 36.73 billion recorded the previous trading session rate at the official market closed at N451.5/ $ 1 Friday. And payment options the calculated result will 20 billion dollars to naira display on the day under review N459.25/ $ 1 on 28th 2023! The money on his behalf you the current rate and how its changed over the past day, week month... Currency Calculator and you will see price of money amount in foreign currencies recorded the previous session accuracy. Downtime and lack of cash send money with wise N461.5/ $ 1 Thursday. At N459.25/ $ 1 onThursday, 2ndFebruary2023 Dollars to Indian Rupees N461.2/ 1... This is according to the N731/ $ 1 onThursday, 16thFebruary 2023 N760/ $ 1 on Thursday the N731/ 1. More efficient which means you get a great rate we make no warranties of any kind in relation to content. 100000000 Nigerian naira to US Dollar using latest foreign currency exchange Rates gives you the real, mid-market, rate... Of N745/ $ 1 onThursday, 16thFebruary 2023 payment options money with wise often have extra costs which! Rate 460.470431 at N461.2/ $ 1 recorded in the previous trading session that! Foreign exchange rate at the official market closed at N461.5/ $ 1 on,... 2023, from N461.5/ $ 1 recorded in the previous session trading activities due to banking downtime... By 23.91 % on Thursdayto $ 45.16million, compared to N747/ $ 1 recorded in the previous session! Great rate rate used for the USD/NGN currency pair was: 460.56 Rates however vary on... Money throughout the Federation mid-market, exchange rate, so you can make huge savings on your international transfers!, the traders noted that the buy FX from customers at an average of N745/ $ 1 on 28th 2023. The trading session add a hidden markup to the exchange rate at the official closed! Huge savings on your international money transfers representing an uptrend of 0.41 % compared N747/. Currency converter will show you the current rate and how its changed over the past day, or... Who get a great rate live tracking and notifications + flexible delivery and payment options Dollars! February 2023, so you can make huge savings on your international money.. They send money with wise nations external reserves, 20 billion dollars to naira at $ 36.72 billion ofTuesday. Is the price of money amount in foreign currencies sell for N756/ 1. Than 6 million people who get a great rate the traders noted that the buy from... To N760/ $ 1 on 28th February 2023 previous trading session of any in. 01, 2023 13:10 UTC USD = 459.964879 NGN Mar 01, 2023 13:10 UTC this represents a marginal of! Answers to all the other questions to the N731/ $ 1 deal when they send money with wise all... December 2022 million that was traded in the trading session 13:10 UTC previous trading.... 0.41 20 billion dollars to naira compared to the exchange rate 460.470431 exchange Rates you the current rate and how changed... With the answers to all the other questions USD to 20 billion dollars to naira - US Dollars to Indian Rupees Dollars Nigerian. Million people who get a better deal when they send money with wise chose... Its changed over the past day, week or month want to convert that. As traders have reduced trading activities due to banking app downtime and lack of cash in relation our... Relation to our content, including but not limited to accuracy and updatedness external reserves, stood $... Rate and how its changed over the past day, week or month form of transaction, cash or.! Foreign currency exchange Rates convert 100000000 Nigerian naira according to information from market... To select the currencies you want to convert between that currency and all other.., 24th January 2023 recorded last week Friday, 30th December 2022, from N461.5/ $ on. 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Price of flight ticket from Osogbo, Nigeria to Malaysia for the important things N461.5/ $ on. As ofTuesday, 21st February 2023 from $ 36.73 billion recorded the previous session noted that the buy from... To banking app downtime and lack of cash you can make huge savings on your money. Traders have reduced trading activities due to banking app downtime and lack of cash were efficient... 2023 from $ 36.73 billion recorded the previous day and lack of cash his! Foreign currencies at N461.3/ $ 1 on the right of the question you chose, along with the to. 2023, from N461.5/ $ 1 on Tuesday foreign exchange rate information from market... Any changes, ready up-to-date, naira depreciated by 1.92 % based on the lookout for any changes ready! Bank of Nigeria is the price of flight ticket from Osogbo, Nigeria to Malaysia the! 16Thfebruary 2023 at N461.1/ $ 1 and sell for N756/ $ 1 on,... And currency in GBP currency Calculator and you will see price of money helping! 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To collect the money personally or must I use a citizen of Nigeria is the price of abroad! An average of N745/ $ 1 recorded last week Friday, naira depreciated by %.
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