For the basic conversion, we use the midpoint between the buy and sell rates of NGN to USD at currency exchanges across the globe. For the basic conversion, we use the midpoint between the buy and sell rates of NGN to USD at currency exchanges across the globe. analyse and verify our content before relying on them. 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. 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. 1 USD. Every time. 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. January 2023, from N461.5/$1 recorded in the previous trading session. The opening indicative rate closed at N461.2/$1 on Tuesday, 24th January 2023. DISCLAIMER: All content provided herein our website is for your general information only, procured from third party sources. This Nigerian Naira and United States Dollar convertor is up to date with exchange rates from March 1, 2023. If so, how much is the Basic Travel Allowance (BTA)? The opening indicative rate closed at N459.25/$1 onTuesday, 3rdJanuary2023. You always get the best exchange rate with Wise, whether you send, spend, or convert money in dozens of currencies. 5 CAD. 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. The nations external reserves, stood at $36.72 billion as ofTuesday, 21st February 2023 from $36.73 billion recorded the previous day. 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. Our smart tech means were more efficient which means you get a great rate. The opening indicative rate closed at N461.5/$1 on Wednesday, 8thFebruary 2023. Simply type in the box how much you want to convert. The nations external reserves likewise, declined further for the sixth consecutive day to $36.73 billion on Monday from $36.76 billion. 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. representing a decrease of 0.03% from the $37.20 billion recorded as of 19th January 2023. . The opening indicative rate closed at N461.5/$1 on Monday, 30th January 2023. A sum of $89.54 million in FX value was transacted at the I&E window on Wednesdaywhich is 30.05% higherthan the $68.85 million that exchanged hands in the previous session. 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 opening indicative rate closed at N461.25/$1 on Tuesday, 14th February 2023. Receive daily email about the USD NGN exchange rate, Trusted by millions of customers globally. 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. Nigerian naira to United States dollar (NGN to USD) Quickly and easily calculate foreign exchange rates with this free currency converter. 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. The exchange rate at the official market closed at N461/$1 on Tuesday, 3rdJanuary 2023, representing a 0.11% appreciation from N461.5/$1 recorded last week Friday. The Money Converter 2023. The exchange rate at the official market closed at N461.17/$1 on Thursday, 12thJanuary 2023, from N461.9/$1 recorded in the previous trading session. The appreciation of the local currency is onthe increased demand of naira across the country, following the CBN new naira design policy. Explore the account used by 13 million people to live, work, travel and transfer money worldwide. 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 N461/1, while it traded for as low as N446/$1 during intra-day trading. 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 opening indicative rate closed at N461.5/$1 on Tuesday, 7thFebruary 2023. January 2023, the same as the rate recorded in the previous trading session. But dont take our word for it. 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. 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. Forex turnover however surged by 116.3% on Fridayto $97.67million, from $45.16 million that exchanged hands in the previous session. Receive daily email about the USD NGN exchange rate. The Nigerian Naira is divided into 100 kobo. 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. A sum of $45.16 million in FX value was transacted at the I&E window on Thursday, which is 58.88% lower. The downturn in the black market was attributed to increased demand for FX as a result of the coming Chinese New Year holiday. On the other hand, the exchange rate at the cryptocurrency P2P exchange improvedmarginally onThursday morning to trade at a minimum of N746.48/$1, an 0.02% appreciationcompared to N746.6/$1 recorded as of the same time on Wednesday. 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. 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. Currency converter - Light Version. 20 Billion USD to INR - US Dollars to Indian Rupees. Set an alert now, and well tell you when it gets better. The opening indicative rate closed atN461.25/$1on Thursday, 9th February 2023. 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. Similarly, the exchange rate at the investors and exporters (I&E) window closed at N461.25/$1 on Wednesday, 18th January 2023, recording a slight improvementcompared to N461.5/$1 that it closed at the end of the previous trading session. Simply type in the box how much you want to convert. 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. Convert USD to NGN: US Dollar To Nigerian Naira Exchange Rates 1.0000 USD = 458.94 NGN Feb 28, 2023 02:45 AM UTC Check the latest currency exchange rates for the US Dollar, Nigerian Naira and all major world currencies. Also, the 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. Furthermore, an exchange rate of N462.5/$1 was the highest rate recorded during intra-day trading before it settled at N461.5/1, while it traded for as low as N460/$1 during intra-day trading. Listen to the audio below . A sum of $119.35 million in FX value was transacted at the I&E window on Thursday, which is 13.27% higherthan the $105.37 million that was traded in the previous session. Buying Rate. A sum of $198.6 million in FX value exchanged hands at the I&E window on Monday, which is 175.15% higher than the $72.18 million that was traded in the previous session. 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. Also, the exchange rate between the naira and the US dollar weakened by 0.03% at the cryptocurrency P2P exchange market trading at an average of N753.1/$1 on Tuesday morning, 21st February 2023, against N752.9/$1 recorded on Monday. For the basic conversion, we use the midpoint between the buy and sell rates of NGN to USD at currency exchanges across the globe. 10 CAD. The exchange rate for the Nigerian Naira was last updated on March 1, 2023 from Yahoo Finance. This is according to information from black market FXoperators who spoke to Nairametrics. Calculator to convert money in Nigerian Naira (NGN) to and from United States Dollar (USD) using up to date exchange rates. Reverse : 20000000 NGN to USD, This website uses cookies to ensure you get the best experience on our website. var size='300x250', 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. 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. 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. Forex turnover however decreased marginally by 1.98% on Wednesdayto $109.82 million, compared to the $112.04 million that exchanged hands in the previous session. The nations externalreserves likewise, declined further to $36.79 billion on Wednesday from $36.81 billion. 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. Any use of our content is solely at your own risk and discretion. Banks often advertise free or low-cost transfers, but add a hidden markup to the exchange rate. 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. 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 N425/$1 during intra-day trading. 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. Also, the exchange rate at the cryptocurrency P2P exchange depreciated by 0.35% on Monday morning to trade at a minimum of N745.6/$1. Beware of bad exchange rates.Banks and traditional providers often have extra costs, which they pass to you by marking up the exchange rate. On the flip side, the exchange rate at the cryptocurrency P2P exchange appreciated by 0.16% onFriday, 3rdFebruary 2023 to a minimum of N745/$1, as againstN746.22/$1 recorded in the previous trading session. 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. 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 appreciatedon Thursday, 5thJanuary 2023 trading at an average of N730/$1 at the black market, an improvement of 0.82%from N736/$1 that wasrecorded in the last three trading days. You have just converted two million dollars to nigerian naira according to the recent foreign exchange rate 460.470431 . 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