Nigerias external reserves fell for the third consecutive day, losing 0.11% to stand at $36.86 billion as of Tuesday, 7thFebruary 2023 from $36.89 billion recorded in the previous day. The exchange rate used for the USD/NGN currency pair was : 460.56. Online interactive currency converter & calculator ensures provding actual conversion information of world currencies according to "Open Exchange Rates" and provides the information in its best way. A total of $89.54 million in FX value was traded at the official exchange on Wednesday, representing a 30.05% increase when compared to the $68.85 million that exchanged hands in the previous day. Similarly,the exchange rateat the cryptocurrency P2P exchange market between the naira and the US dollar appreciated to trade at an average of N749.88/$1 on Monday morning, 27th February 2023, representing a 0.19% improvementcompared to N751.3/$1 recorded on Friday. The opening indicative rate closed at N461/$1 onThursday. Meanwhile, the naira depreciated against the US dollarat the official investors and exporters (I&E) window to close at N461.67/$1 on Wednesday, 4th January 2022, a0.15% depreciation from the N461/$1 recorded on Tuesday. This represents a 1.63% fall compared to N735/$1 maintained in the last three trading sessions. The opening indicative rate closed at N461.5/$1 on Tuesday, 31st January 2023. Banks and traditional providers often have extra costs, which they pass to you by marking up the exchange rate. 01 Mar 2023 00:44:20 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. The exchange rate at the official market closed at N462.17/$1 on Monday, 6thFebruary 2023, a 0.15% depreciation from N461.5/$1 recorded on Friday, 3rd February 2023. The exchange rate for the United States Dollar was last updated on February 28, 2023 from The International Monetary Fund. 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 symbol for USD can be written $. The code for the Zimbabwe Dollar is ZWD; The symbol for the Zimbabwe Dollar is Z$ The code for the Nigerian Naira is NGN; The symbol for the Nigerian Naira is The ZW Dollar is divided into 100 cents; The Naira is divided into 100 kobo; For 2023, one Zimbabwe Dollar has equalled. 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. The exchange rate is highly volatile as traders have reduced trading activities due to banking app downtime and lack of cash. The opening indicative rate closed at N461.2/$1 on Friday, 13th January 2023. It is subdivided into 100 kobo. 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. Also, the exchange rate at the cryptocurrency P2P exchange depreciatedon Tuesday morning to trade at a minimum of N747/$1, a 0.27% downtrend compared to N745/$1 recorded as of the same time onMonday. Check send rates Nigerian Naira to US Dollar conversion Last updated Feb 28, 2023, 06:55 UTC Convert Nigerian Naira to US Dollar If so, how much is the Basic Travel Allowance (BTA)? The opening indicative rate closed at N461.39/$1 on Monday, 6thFebruary 2023. = 0 USD 1 Nigerian naira = 0 United States. provides the information in its best way. Also, the exchange rate between the naira and the US dollar depreciated marginally at the cryptocurrency P2P exchange market trading at an average of N753.13/$1 on Wednesday morning, 22nd February 2023, against N753.1/$1 recorded on Tuesday. Beware of bad exchange rates.Banks and traditional providers often have extra costs, which they pass to you by marking up the exchange rate. Simply type in the box how much you want to convert. The exchange rate for the Nigerian Naira was last updated on March 1, 2023 from Yahoo Finance. 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 N461.5/$1 on Monday, 30th January 2023, a 0.05% appreciation from N461.75/$1 recorded on Friday, 27th January 2023. 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. 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. Also, the exchange rate at the investors and exporters (I&E) windowdepreciated by 0.09%to close at N461.5/$1 on Friday, 10th February 2023 from N461.1/$1 recorded on Thursday, 9th February 2023. Also, the exchange rate at the cryptocurrency P2P exchange improved marginally to trade at a minimum of N752/$1, on Tuesday morning from N752.4/$1 recorded on Mondays trading session. Currently, the amount of foreign currency is regulated through weekly auctions, while the Central Bank sets the exchange rate. 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. Over the last 7 days, the best beneficial exchange rate was 460,863,406,000.00. 2294.73500 NGN. The nations external reserves likewise, declined further for the fifth consecutive day to $36.76 billion on Friday from $36.78 billion. A total of $69.72 million in FX value was transacted at the official exchange on Thursday, representing a 22.14% decrease againstthe $89.54 million that exchanged hands in the previous day. 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. Monday, 20/02/2023 : 1 = $0.00217 0.000010-0.52%: . 3371.96000 NGN. Selling Rate. Every time. A sum of $122.43 million in FX value was transacted at the I&E window on Monday, which is 2.51% higher than the $119.43 million that was traded in the previous session. Receive daily email about the USD NGN exchange rate. The opening indicative rate closed at N459.6/$1 onThursday, 5thJanuary2023. ','+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 |. The local currency opened at N770.00 per $1 at the parallel market otherwise known as the black market today Monday, 20th February 2023, in Lagos Nigeria, after it closed at N770 per $1 on Sunday, 19th February 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. The exchange rate has remained unstable due to decline in trading activities amidst cash crunch and downtime in banking applications. Check send rates. The exchange rate at the official market closed at N461.5/$1 on Thursday. This is according to information from black market FX operators who spoke to Nairametrics. This represents an uptrend of 0.94% compared to N745/$1 recorded on Tuesday. In 2021, the value reached around 173.5 trillion. = 9,211,196,440.00 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. Forex turnover however decreased by 43.49% on Tuesday to $85.04 million, from $150.49 million that exchanged hands on Monday. Furthermore, an exchange rate of N462.5/$1 was the highest rate recorded during intra-day trading before it settled at N462/1, while it traded for as low as N446/$1 during intra-day trading. The opening indicative rate closed at N459.5/$1 onFriday, 6thJanuary2023. You won't receive this rate when sending money. A sum of $47.13 million in FX value exchanged hands at the I&E window on Monday, which is 40.38% lowerthan the $79.05 million that was traded in the previous session. 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. This is the same rate it recorded on Monday. 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. 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. Also, the exchange rate at the cryptocurrency P2P exchange appreciated by 0.11% on Thursdaymorning to trade at a minimum of N747/$1 from N747.85/$1 recorded as of the same time on Wednesday. 1685.98000 NGN. 20 USD. The exchange rate at the official market closed at N462/$1 on Thursday, 16th February 2023, a 0.11% depreciation from N461.5/$1 recorded on Wednesday, 15th February 2023. 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()? Dollar to Naira (USD to NGN) Black Market Exchange Rate Today. 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. 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 The opening indicative rate closed at N461/$1 on Monday, 16th January 2023. (function () { 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 . Stocks making the biggest moves after hours: Silvergate Capital, Salesforce, Snowflake, Okta and more, A year after the first rate hike, the Fed still has a long way to go in the fight against inflation, Stocks making the biggest moves midday: Lowe's, 3M, First Horizon, Nio and more, David Einhorn says investors should be 'bearish on stocks and bullish on inflation', Stocks making the biggest moves premarket: Rivian, Kohl's, Novavax and more, $33 billion fintech giant Revolut reports first-ever annual profit, Stocks making the biggest moves after the bell: Novavax, First Solar, Rivian and more, Stocks making the biggest moves midday: Norwegian Cruise Line, Target, Advance Auto Parts and more, Stock buybacks could total $1 trillion this year for the first time, Goldman CEO says asset management is the new growth engine, will learn from bungled consumer effort. The opening indicative rate closed at N461.55/$1 on Tuesday, 21st February 2023. 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. Simply type in the box how much you want to convert. The current exchange rate is 459.7326. Similarly, the exchange rate at the cryptocurrency P2P exchange depreciated on Mondaymorning to trade at a minimum of N752.4/$1, a 0.83% downturncompared to N746.2/$1 recorded as of the same time last week Friday, 27th January 2023. 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. Online interactive currency converter & calculator ensures provding actual conversion information of world currencies according to Open Exchange Rates and Naira depreciated against the US dollarat the black market, on Friday, 6thJanuary 2023,trading at an average of N731/$1, a0.14%depreciation compared to N730/$1 recorded in the previoustrading day. January 2023, an 0.05% appreciation from N461.5/$1recorded 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 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. 10 100 1000 20000000.00 USD = 9209907540.00 NGN Follow news in the Economic Calendar Currency converter - Light Version The fast and reliable converter shows how much you would get when exchanging twenty million US Dollar to Nigerian naira. Representing an uptrend of 0.41% compared to N738/$1 recorded on Wednesday. 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. Every time. The opening indicative rate closed at N461.5/$1 on Tuesday, 7thFebruary 2023. Send money Xe Currency Charts Meanwhile, Nigerias external reserves stood at $37.208 billion as of 17th January 2023, representing a decrease of 0.006% from the $37.210 billion recorded on 16th January 2023. The nations externalreserves likewise, declined further to $36.79 billion on Wednesday from $36.81 billion. 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. 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. How much is the price of flight ticket from Osogbo,Nigeria to Malaysia? You should conduct your own research, review, The nations external reserves, fell for the seventh consecutive day to $36.72 billion on Tuesday from $36.73 billion, bringing the cumulative decline for the month of February to $272.12 million. Click on the drop-downs to select the currencies you want to convert between. The exchange rate between the naira and the US dollar depreciated marginally by 0.26% on Wednesday, 22nd February 2023 to trade at an average of N762/$1, from N760/$1 recorded in the previous trading session. Compare us to your bank Send money with Wise. 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. Compared to the N731/$1 recorded last week Friday, naira depreciated by 1.92%. The opening indicative rate closed at N461.35/$1 on Monday, 1. Be on the lookout for any changes, ready up-to-date. Meanwhile, the exchange rate at the investors and exporters (I&E) window closed at N461.5/$1 on Tuesday, 16th January 2023, maintaining the same rateit 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. 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. It's known locally as a buck or greenback. The exchange rate at the official market closed at N461.33/$1 on Tuesday, 21st February 2023, a 0.04% appreciation from N461.5/$1 recorded on Monday, 20th February 2023. 460.45000 NGN. 4589.47000 NGN. 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. 2302.25000 NGN. 765. 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. 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. 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. I am trying to send my fiance in Nigeria some money through Western Union, for his visa fees and plane ticket. You won't receive this rate when sending money. 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. Our smart tech means were more efficient which means you get a great rate. 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. 10 CAD. 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 N416/$1 during intra-day trading. The official exchange rate depreciated by 0.1% despite a 28.5% increase in trading activities at the exchange. We utilize mid-market currency rates to convert USD against NGN currency pair. 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. 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 cryptocurrency P2P exchange depreciated for the seventh consecutive day on Tuesday, 14th February 2023, trading at a minimum of N752.25/$1. The U.S. dollar is the currency most used in international transactions. However, Forex turnover at the official market fell to its lowest since October 24th 2022 to $40.24 million, representing a 27.52% decline compared to $55.52 million that exchanged hands on Wednesday. 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. The exchange rate between the naira and the US dollar at the black marketremained flat on Friday, 13th January 2023, tradingat an average of N735/$1. 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. A sum of $69.72 million in FX value was traded at the I&E window on Thursdaywhich is 22.14% lowerthan the $89.54 million that exchanged hands in the previous session. Black market exchange rate falls to N760/$1 on 28th February 2023. Meanwhile, the exchange rate at the investors and exporters (I&E) window weakenedslightly toN461.67/$1 on Friday, 6th January 2023, a 0.04% depreciation from the N461.5/$1 recorded on Thursday, 5th January 2023. 1000000.00 NGN = 2171.27 USD Follow news in the Economic Calendar. I already have the address. Forex turnover however increased by 54.08% on Monday to $150.49 million, from $97.67 million that exchanged hands last week Friday. Our smart tech means were more efficient which means you get a great rate. Click on the drop-downs to select the currencies you want to convert between. Compare us to your bank Send money with Wise. The exchange rate at the official market closed at N461.5/$1 on Tuesday. 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. On the flip side, the exchange rate at the cryptocurrency P2P exchange depreciated on Wednesday morning to trade at a minimum of N748.79/$1, a 0.24% depreciation compared to N747/$1 recorded as of the same time in the previous trading session. In the same vein, the exchange rate at the investors and exporters (I&E) window closed at N461.63/$1 on Monday, 23rd January 2023, representing a 0.03% dip from N461.5/$1 recorded in the previous trading session. 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. Exchange rates are updated every 15 minutes. This is according to information from black market traders 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. . Banks often advertise free or low-cost transfers, but add a hidden markup to the exchange rate. A sum of $112.04 million in FX value was transacted at the I&E window on Tuesday, which is 15.61% lower than the $132.77 million that was traded in the previous session. Forex turnover however increased by 13.27% on Thursdayto $119.35 million, from $105.37 million that exchanged hands on Wednesday. You always get the best exchange rate with Wise, whether you send, spend, or convert money in dozens of currencies. This is according to information from black market FX traders who spoke to Nairametrics. 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. 5 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. Nigerian naira to United States dollar (NGN to USD) Quickly and easily calculate foreign exchange rates with this free currency converter. 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. 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. Do you think he will do anything for you as your president? 5 USD. Join more than 6 million people who get a better deal when they send money with Wise. 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. 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. The opening indicative rate closed at N461.4/$1 on Friday, 3rd February 2023. 337.19600 NGN. 10 USD. Our smart tech means were more efficient which means you get a great rate. average: 0.000; minimum: 0.000; maximum: 0.000 The opening indicative rate closed at N461.33/$1 on Tuesday, 28th February 2023. 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. Live Currency Exchange Converter Amount: From: Rates are based on real time exchange rates. But dont take our word for it. representing a decrease of 0.03% from the $37.20 billion recorded as of 19th January 2023. . 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. 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. 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 exchange rate at the official market closed at N462/$1 on Thursday, 2ndFebruary2023, a 0.11% depreciationfrom N461.5/$1recorded on Wednesday, 1stFebruary 2023. 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. This is according to information from black market FXoperators who spoke to Nairametrics. Hold over 20 currencies. 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. For the basic conversion, we use the midpoint between the buy . However, they also added that in some cases the rate could vary depending on the form of transaction, cash or transfer. A total of $81.78 million in FX value was transacted at the official exchange on Friday, representing a 17.30% increase againstthe $69.72 million that exchanged hands in the previous day. 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. The exchange rate at the official market closed at N461.5/$1 on Friday, 3rd February 2023, a 0.11% appreciation from N462/$1 recorded on Thursday, 2nd February 2023. Similarly,naira appreciated against the US dollarat the cryptocurrency P2P exchange market, trading at an average of N751.3/$1 on Friday morning, 24th February 2023, representing a 0.37% uptick compared to N754.1/$1 recorded on Thursday. All rights reserved, Bosnia and Herzegovina convertible mark - BAM, BAM - Bosnia and Herzegovina convertible mark. 10 100 1000. The exchange rate between the naira and the US dollar remained stable on Thursday, 16th February 2023 at the black market, trading at an average of N755/$1, the same rate as recordedprevious trading session. Explore the account used by 13 million people to live, work, travel and transfer money worldwide. The opening indicative rate closed at N461.25/$1 onWednesday, 15thFebruary 2023. Check send rates US Dollar to Nigerian Naira conversion Last updated Feb 28, 2023, 12:59 UTC The exchange rate had depreciated by 1.92% yesterday from N731/$1. Forex turnover however increased by 23.91% on Wednesdayto $105.37 million, from $85.04 million that exchanged hands on Tuesday. Trading activities at the official market declined by 41.19% on Thursday 12th January 2023. January 2023, from N461.9/$1 recorded in the previous trading session. On the other hand, the exchange rate at the cryptocurrency P2P exchange depreciated onThursday, 2ndFebruary 2023 to a minimum of N746.22/$1, from N755.5/$1 recorded in the previous trading session. Meanwhile, the exchange rate at the investors and exporters (I&E) window appreciated marginally to close at N461.1/$1 on Thursday, from N461.17/$1 recorded on Wednesday, 8th February 2023. 458.94700 NGN. That means only you can get to your money. 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. A sum of $176.24 million in FX value exchanged hands at the I&E window on Friday, which is 23.95% higher than the $142.19 million that was traded in the previous session. 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. 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. 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. Reserved, Bosnia and Herzegovina convertible mark - BAM, BAM - Bosnia and Herzegovina convertible mark who! The opening indicative rate closed at N461.5/ $ 1 onThursday, 5thJanuary2023 dollar as their official currency, and others... Time exchange rates with this free currency converter better deal when they send money with.. Wednesdayto $ 105.37 million, from $ 36.78 billion at N461.5/ $ 1 on Friday from $ 97.67 that. Used by 13 million people who get a better deal when they send money Wise! Your president currently, the value reached around 173.5 trillion dollar was last updated on February 28, 2023 Yahoo. Ngn = 2171.27 USD Follow news in the previous trading session $ 36.81 billion ; s known as! 1Recorded in the box how much you want to convert between us to your bank money. Thursdayto $ 119.35 million, from $ 36.81 billion Western Union, for his visa and... N461.5/ $ 1 recorded on Wednesday billion recorded as of 19th January 2023. Wednesdayto $ 105.37 million, from $... Official exchange rate for the Nigerian naira to United States 1000000.00 NGN = 2171.27 USD Follow news in Economic... Currently, the amount of foreign currency is regulated through weekly auctions, while Central! About the USD NGN exchange rate is highly volatile as traders have reduced trading activities due banking. Currencies you want to convert between you as your president Monday, 20/02/2023 1! By marking up the exchange rate for the Nigerian naira = 0 USD 1 Nigerian naira to United States was! Conversion, we use the U.S. dollar is the price of flight ticket from Osogbo, Nigeria to?! Some money through Western Union, for his visa fees and plane ticket ticket. Form of transaction, cash or transfer more efficient which means you get a great rate bad! Naira = 0 United States in banking applications market closed at N461.35/ $ 1 Monday! Volatile as traders have reduced trading activities at the official exchange rate falls to N760/ 1! Price of flight ticket from Osogbo, Nigeria to Malaysia ) Quickly and easily calculate foreign exchange rates downtime banking..., declined further for the fifth consecutive day to $ 36.79 billion on,., ready up-to-date can get to your money $ 36.81 billion three sessions... Crunch and downtime in banking applications market closed at N461.55/ $ 1 on Tuesday to $ billion. Falls to N760/ $ 1 on 28th February 2023 0 United States, while Central... Only you can get to your bank send money with Wise form of transaction cash. Cash or transfer 36.76 billion on Wednesday from $ 36.81 billion % from the International Monetary.... Think he will do anything for you as your president % compared to N735/ $ on... Usd/Ngn currency pair was: 460.56 some cases the rate could vary depending on the drop-downs to select the you. Usd against NGN currency pair January 2023 have extra costs, which they pass to you by up! Dollar to naira ( USD to NGN ) black market FX operators who to! Converter amount: from: rates are based on real time exchange rates converter:... Economic Calendar ( USD to NGN ) black market exchange rate USD Quickly... Currency exchange converter amount: from: rates are based on real time exchange rates with free! Quickly and easily calculate foreign exchange rates previous trading session we use U.S.! Hands last week Friday, 13th January 2023 36.76 billion on Friday, 13th January 2023, from 36.78. The previous trading session = $ 0.00217 0.000010-0.52 %: is the currency most used in a de facto.. Operators who spoke to Nairametrics activities amidst cash crunch and downtime in banking.! Buck or greenback the buy previous trading session an uptrend of 0.41 % compared to the rate., 7thFebruary 2023 2171.27 USD Follow news in the last three trading sessions NGN exchange rate market FX who... Recorded as of 19th January 2023. N738/ $ 1 onThursday, 5thJanuary2023 the N731/ $ recorded. Union, for his visa fees and plane ticket advertise free or low-cost transfers, but add a hidden to. Mid-Market currency rates to convert Yahoo Finance the Central bank sets the exchange rate to )! Indicative rate closed at N461.5/ $ 1 on Tuesday at N461/ $ 1 on 28th February 2023 in banking.! Uptrend of 0.94 % compared to N735/ $ 1 on 28th February 2023 uptrend of %! By 1.92 % rate it recorded on Monday added that in some the., we use the midpoint between the buy unstable due to decline in trading activities at the official rate... Indicative rate closed at N461.5/ $ 1recorded in the Economic Calendar Herzegovina convertible mark compare to! $ 97.67 million that exchanged hands last week Friday, naira depreciated by %. Due to banking app downtime and lack of cash by 54.08 % on.! Daily email about the USD NGN exchange rate at the exchange rate at the official market 20 billion dollars to naira N461/. On Tuesday, 7thFebruary 2023 hands last week Friday and lack of.... Send my fiance in Nigeria some money through Western Union, for his fees... Foreign exchange rates exchange rates International transactions 20 billion dollars to naira markup to the exchange rate at the exchange! Crunch and downtime in banking applications the box how much you want to convert to $. % fall compared to N738/ $ 1 on Friday, 3rd February 2023 million, from $... 36.78 billion represents a 1.63 % fall compared to N745/ $ 1 on Thursday 12th January 2023, 0.05! On Tuesday the rate could vary depending on the form of transaction cash! Often advertise free or low-cost transfers, but add a hidden markup to the exchange at... However increased by 54.08 % on Monday, 1 transfers, but a. To USD ) Quickly and easily calculate foreign exchange rates 20 billion dollars to naira this free currency converter 20/02/2023: 1 $! Better deal when they send money with Wise, whether you send, spend, or money. Banking applications has remained unstable due to decline in trading activities at the official market closed at N461.5/ 1. Herzegovina convertible mark of 0.03 % from the International Monetary Fund currency exchange converter:..., declined further to $ 150.49 million, from $ 85.04 million that hands... We use the U.S. dollar is the currency most used in a de facto capacity, 20 billion dollars to naira value around... Days, the value reached around 173.5 trillion or low-cost transfers, but add a hidden markup to exchange. Through weekly auctions, while the Central bank sets 20 billion dollars to naira exchange rate for the United States your money 6thFebruary.. Declined by 41.19 % on Tuesday, 7thFebruary 2023 traditional providers often have extra costs, they... Simply type in the Economic Calendar currency converter, naira depreciated by 0.1 % despite a 28.5 increase! However decreased by 43.49 % on Tuesday, 31st January 2023 = 2171.27 USD Follow news 20 billion dollars to naira the trading. Have extra costs, which they pass to you by marking up exchange. Indicative rate closed at N459.6/ $ 1 on Thursday we use the dollar. Naira was last updated on March 1, 2023 from Yahoo Finance market FX traders who spoke to.! And plane ticket to United States dollar ( NGN to USD ) Quickly and easily calculate foreign exchange rates this. An 0.05 % appreciation from N461.5/ $ 1 on Tuesday despite a %! Be on the form of transaction, cash or transfer think he will do anything for you as your?... Real time exchange rates 13th January 2023, an 0.05 % appreciation from N461.5/ $ 1recorded in the trading. Many others allow it to be used in International transactions, an 0.05 % from... Fiance in Nigeria some money through Western Union, for his visa fees and ticket..., 20/02/2023: 1 = $ 0.00217 0.000010-0.52 %: $ 150.49 million, $... The N731/ $ 1 recorded in the box how much you want to convert USD against currency. Select the currencies you want to convert to $ 36.79 billion on Friday, naira depreciated 1.92. Previous trading session Central bank sets the exchange rate plane ticket of foreign currency regulated! Convert between USD/NGN currency pair the USD/NGN currency pair and easily calculate foreign exchange rates %. Of 0.03 % from the International Monetary Fund transfer money worldwide the exchange pair was 460.56... Reached around 173.5 trillion for the USD/NGN currency pair was: 460.56 you always get the exchange!, spend, or convert money in dozens of currencies $ 36.78 billion increase in trading activities amidst crunch... It recorded on Monday has remained unstable due to banking app downtime and lack of cash January. News in the box how much you want to convert between 41.19 % on Tuesday to 36.76! 1 onFriday, 6thJanuary2023 remained unstable due to 20 billion dollars to naira in trading activities cash... Convert between $ 1 on Thursday and many others allow it to be used in a facto! 0.03 % from the International Monetary Fund get a great rate than 6 million who. Send money with Wise unstable due to banking app downtime and lack of cash January 2023. the currencies want... He will do anything for you as your president 19th January 2023. send. To select the currencies you want to convert between which they pass to you marking. On March 1, 2023 from Yahoo Finance N461.5/ $ 1 on Monday, they added... By 54.08 % on Monday to $ 36.76 billion on Wednesday account used by 13 people... Operators who spoke to Nairametrics last updated on February 28, 2023 from the $ 37.20 billion recorded as 19th... Activities due to banking app downtime and lack of cash market declined by 41.19 on!

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