As indicated earlier, any country can peg its currency to the dollar at any value. Wise takes the stress out of sending large amounts of money abroad helping you save for the important things. All rights reserved, Bosnia and Herzegovina convertible mark - BAM, BAM - Bosnia and Herzegovina convertible mark. Naira 1 week. Simply type in the box how much you want to convert. On this day a year ago, they gave 415,667,597.00 naira for $1,000,000.00 us dollars, which is 44,802,403.00 less than it is today. WebConversion formula. Quickly and easily calculate foreign exchange rates with this free currency converter. Explore the account used by 13 million people to live, work, travel and transfer money worldwide. This was disclosed by the Emir of Kano, Alhaji Aminu Bayero, during the presentation, of the 2023 Halal Markets report, as the r eport revealed that the market is expected to grow at an annual growth rate of 10.7 per cent.. Halal growth . 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 this day a year ago, they gave $12,001.23 us dollars for 5,000,000.00 naira, which is $1,144.18 more than it is today. Receive daily email about the USD NGN exchange rate, Trusted by millions of customers globally. CAD Exchange Rates; Bank of Canada; NGN Nigerian Naira Country Nigeria Region Africa Sub-Unit 1 Naira = 100 kobo Symbol The naira is the currency of Nigeria. 1 month. According to Nigerias foreign trade report, in 2019 alone Nigeria spent about N16.959 trillion ($47 billion) on imports compared to N13.1 trillion ($36.5 billion) a year earlier. Naira billion Receive daily email about the USD NGN exchange rate, Trusted by millions of customers globally. It spent about $28.7 billion on invincibles (spend on services such as professional fees, financial services, business travel, medical tourism, etc.) Currently, the amount of foreign currency is regulated through weekly auctions, while the Central Bank sets the exchange rate. Get the latest 1 Nigerian Naira to Ghanaian Cedi rate for FREE with the original Universal Currency Converter. US Dollar. Conversely, 1 NGN is worth 0.002176 USD. Naira to US-Dollar Conversion | NGN to USD Exchange Rate This represents a 0.13% improvement from N750/$1 which was recorded in the previous trading session. 1 NGN to GBP - Nigerian Nairas to British Pounds Exchange Rate It is normally abbreviated with the dollar sign, $, or, alternatively, J$ or JA$ to distinguish it from other Simply enter the amount of USD you want to convert to NGN in the box labeled "Amount", and youre done! M5. In the other states, the program is sponsored by Community Federal Savings Bank, to which we're a service provider. You always get the best exchange rate with Wise, whether you send, spend, or convert money in dozens of currencies. Set an alert now, and well tell you when it gets better. Get the latest 1 British Pound to Nigerian Naira rate for FREE with the original Universal Currency Converter. Convert Nigerian Naira to British Pound Sterling | NGN to GBP Currency Converter NGN 1.00 = 0.002 GBP invert currencies GBP - British Pound Sterling Conversion Rate (Buy/Sell) GBP/NGN = 0.0017385666 Last Updated 4/27/2023 8:07:36 PM en-US NGN Nigerian Naira Country Nigeria Region Africa Sub-Unit 1 Naira = 100 kobo Banks often advertise free or low-cost transfers, but add a hidden markup to the exchange rate. The currency code for Nigerian Nairas is NGN. Need to know when a currency hits a specific rate? Read our reviews at Trustpilot.com. Beware of bad exchange rates.Banks and traditional providers often have extra costs, which they pass to you by marking up the exchange rate. WebConversion from Nigerian Naira to US Dollar Try Trading Demo 1 NGN to USD = $ 0.002 USD. To add NGN to USD #widget to your website, you simply need to copy the code below and paste On this day a year ago, they gave 415,000,240.00 naira for $1,000,000.00 us dollars, which is 44,565,222.00 less than it is today. On this day a year ago, they gave 1,243,560,000.00 naira for $3,000,000.00 us dollars, which is 132,098,298.00 less than it is today. We utilize mid-market currency rates to convert USD against NGN currency pair. The current exchange rate is equivalent to 459.5655. The exchange rate between the naira and US Dollar traded flat at N740/$1 at the black market on Friday, 28th. Convert NGN to USD 1 thousand US dollars to Nigerian nairas - Wise You wont receive this rate when sending money. We partner with the most popular currency and cryptocurrency data providers worldwide to bring you the most recent quotes for all major cryptocurrencies. In the last 10 years, the US Dollar is billion And with our daily summaries, youll never miss out on the latest news. Nigerias central bank halted the sale of foreign exchange to money changers to ease pressure on the nations currency, Governor Godwin Emefiele said. 1 NGN to GBP - Nigerian Nairas to British Pounds Exchange Rate MetaTrader 5. Our smart tech means were more efficient which means you get a great rate. For the basic conversion, we use the midpoint between the buy and sell rates of NGN to USD at currency exchanges across the globe. This represents a 0.28% gain compared to the closing rate of N463.44/$1 recorded in the previous trading session. The exchange rate between the naira and US dollar at the Investors and Exporters (I&E) window closed at N462.13/$1 on Wednesday, 26th April 2023. Currency converter to convert from Nigerian Naira (NGN) to United States Dollar (USD) including the latest exchange rates, a chart showing the exchange rate Convert US Dollar to Nigerian Naira Stat and compare Good Time The table shows the facts and analysis of the fluctuations. The most favorable exchange rate for the current 7 days, was 461,506,418.00. We use the mid-market rate for our Converter. Keep an eye on this page and be aware of any changes. You can get live exchange rates between US Dollars and Nigerian Nairas using exchange-rates.org, The average exchange rate over this period was 437.88 Nigerian Nairas per US Dollar. it into the desired position in your websites HTML source code. 1 USD to NGN - US Dollars to Nigerian Nairas Exchange Rate - Xe That means only you can get to your money. Check send rates. Billion average: $ 0.002; minimum: $ 0.000; maximum: $ 0.002 Web1.00 EUR = 1.09 877 USD. 5 cryptocurrencies to watch in the next few days, Mineflation: Cost to mine one Bitcoin in the US rises from $5K to $17K in 2023, Bitcoin could jump nearly 70% if the US defaults on its debt, Standard Chartered analyst says, United States dollar - Bosnia and Herzegovina convertible mark, Registration on or use of this site constitutes acceptance of our. gained Texas properties are the first listed on a new platform allowing people to use bitcoin to buy residential and commercial real estate in the US. You have currently selected the base currency, People can now buy and sell real estate with crypto on what's being billed as the first US bitcoin property marketplace. Nigerias Halal Market is expected to grow from 107 billion dollars in 2022 to 180 billion dollars by 2027. Simply type in the box how much you want to convert. Convert from Canadian Dollar (CAD) to Nigerian Naira The naira is the currency of Nigeria. 2 000 NGN to USD = $ 4.360 1 trillion = 1000 billions. Our currency rankings show that the most popular British Pound exchange rate is the GBP to USD rate. Explore the account used by 13 million people to live, work, travel and transfer money worldwide. Click on the The most favorable exchange You can convert US Dollars to Nigerian Nairas by using the exchange-rates.org currency converter in just one easy step. Convert USD to NGN: US Dollar To Nigerian Naira Exchange Rates. Convert 7000000 Nigerian Naira to US Dollar using latest Foreign Currency Exchange Rates. The Central Bank of Nigeria is the sole issuer of legal tender money throughout the Federation. 500 NGN to USD = $ 1.090 USD. Read our reviews at Trustpilot.com. Over the last 7 days, the best beneficial exchange rate was 461,506,418,000.00. Russia's economy in 4 charts: How war, sanctions, and shifting oil flows have reshaped a world power. A Look At The SPY, Bitcoin And Spot Gold Heading Into The Fed's Big Decision On Rate Hikes, First Mover Asia: Bitcoin, Ether Open Asias Trading Week Flat, Here's How Bitcoin Whales Quietly Accumulated $1,875,819,869 In The Crypto In Just 18 Days, Just Bitcoin or diversify? WebThe symbol for the Nigerian Naira is The code for the American Dollar is USD; The symbol for the American Dollar is $ The Naira is divided into 100 kobo; The Dollar is divided into 100 cents; For 2023, one Nigerian Naira has equalled. billion 0.17 814614 Indian Rupees. Every time. And with our daily summaries, youll never miss out on the latest news. Sanctions and trade boycotts have forced Moscow to reorient away from the West, and data shows the economy has weakened dramatically since 2022. Every time. In the last 10 years, the highest rate from US Dollars to Nigerian Nairas was on April 7, 2023 when each US Dollar was worth 465.00. US dollars to Nigerian nairas Exchange Rate. Convert USD/NGN With our tiered pricing for large amounts, you get a lower fee on any transfers over 100,000 GBP. Our currency rankings show that the most popular Nigerian Naira exchange rate is the NGN to USD rate. year to date against the Nigerian Naira. 6 months. USD/NGN - Live exchange rates, banks, historical data & currency charts. 41.27 percent of the Worlds Population, 31.5 percent of GDP, and 26.7 percent of the Worlds land area. This data is usually enough to forecast future changes. A variety of factors, including the amount of cash in circulation, cause exchange rates to be fixed. Ethereum drops 7% amid wider crypto sell-off as traders assess rate uncertainty. Banks and traditional providers often have extra costs, which they pass to you by marking up the exchange rate. Set an alert now, and well tell you when it gets better. Convert from Nigerian Naira (NGN) to United States Dollar (USD)