Also, the exchange rate between the naira and the US dollar depreciated by 0.11% at the investors and exporters (I&E) window to close at N462/$1 on Thursday, 16th February 2023 compared toN461.5/$1 recorded on Wednesday. Beware of bad exchange rates.Banks and traditional providers often have extra costs, which they pass to you by marking up the exchange rate. 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. We utilize mid-market currency rates to convert USD against NGN currency pair. The exchange rate at the official market closed at N461.5/$1 on Friday, 10th February 2023, a 0.09% depreciation from N461.1/$1 recorded on Thursday, 9thFebruary 2023. For the basic conversion, we use the midpoint between the buy and sell rates of NGN to USD at currency exchanges across the globe. 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. Nigerias external reserves however, stood at $37.21 billion as of 11thJanuary 2023, representing a0.01% increasefrom the $37.2 billion recorded as 10thDecember 2022, indicating a sixth successive increase in the nations reserve level. Trading activities at the official market declined by 41.19% on Thursday 12th January 2023. Naira improved againstthe US dollar at the black market on Thursday, 9th February 2023, trading atan average of N740/$1, a 1.33% gain compared to N750/$1 recorded on Wednesday, 8thFebruary 2023. This is for informational purposes only. The opening indicative rate closed at N459.6/$1 onThursday, 5thJanuary2023. This is according to information from black market traders who spoke to Nairametrics. 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. . Simply type in the box how much you want to convert. 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. 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. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. The opening indicative rate closed at N461.7/$1 on Wednesday, 25thJanuary 2023. Forex turnover however increased by 0.07% on Friday to $119.43 million, from $119.35 million that exchanged hands on Thursday. Specifically, the traders noted that the buy FX from customers at an average of N745/$1 and sell for N755/$1. Any use of our content is solely at your own risk and discretion. The exchange rate between the naira and the US dollar depreciated slightly on Friday, 17th February 2023 at the black market, trading at an average of N756/$1, a 0.13% depreciation from N755/$1recordedprevious trading session. = 9,211,196,440.00 The exchange rate at the official market closed at N461.5/$1 on. 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. 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. 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 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. Nigerias external reserve stood at $37.07 billion as of 3rd January 2023, a decrease of 0.04% from the $36.08 billion recorded on 30th December 2022. The current exchange rate is 459.7326. Forex turnover at the official market increased by 251.70% to $208.91 million on Monday, 13th February 2023, compared to the $59.40 million that was transacted in the previous session. The Nigerian Naira is divided into 100 kobo. 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. = 0 USD 1 Nigerian naira = 0 United States. 5 USD. You won't receive this rate when sending money. The opening indicative rate closed at N459.5/$1 onFriday, 6thJanuary2023. With our tiered pricing for large amounts, you get a lower fee on any transfers over 100,000 GBP. 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 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. The exchange rate at the official market closed at N461.9/$1 on Wednesday. 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. 555.15 402 Nigerian Nairas. 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 opening indicative rate closed at N461.3/$1 onThursday, 16thFebruary 2023. The opening indicative rate closed at N461.25/$1 on Tuesday, 14th February 2023. 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. Over the last 7 days, the best beneficial exchange rate was 460,863,406,000.00. Convert United States Dollar To Nigerian Naira 1 USD = 459.964879 NGN Mar 01, 2023 13:10 UTC. 5 CAD. On the flip side, naira depreciated marginally against the US dollar at the investors and exporters (I&E) window to close at N461.5/$1 on Monday, 20th February 2023 compared to N461.25/$1 recorded on Friday. A sum of $55.52 million in FX value exchanged hands at the I&E window on Tuesday, which is 72.04% lower than the $198.6 million that was traded in the previous session. 10 CAD. A sum of $55.52 million exchanged hands on Tuesday, as forex turnover declined by 72.04% comparedto $198.6 million that was traded on Monday, 16th January 2023. Banks often advertise free or low-cost transfers, but add a hidden markup to the exchange rate. The opening indicative rate closed at N461.1/$1 onThursday, A sum of $217.86 million in FX value exchanged hands at the I&E window on Thursday, which is 292.3%. I would like to send some money to my friend who is an American via Western Union. 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. Naira remained flat against the US dollar at the black market on Tuesday, 14th February 2023, trading at an average of N756/$1, this is the same rate recorded on Monday, 13th 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. Alternatively, you may try converting US Dollars to Naira. The nations externalreserves likewise, declined further for the fourth consecutive day to $36.78 billion on Thursday from $36.79 billion. 460.45000 NGN. On the flip side, the exchange rate at the cryptocurrency P2P exchange depreciated marginally by 0.02% on Thursday, 9th February 2023, trading at aminimum of N747.48/$1, asagainst N747.30/$1 recorded in the previous trading session. 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. Meanwhile, the exchange rate at the investors and exporters (I&E) window appreciated slightly to close at N461.17/$1 on Wednesday, from N462.15/$1 recorded on Tuesday, 7th February 2023. Listen to the audio below . 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. childNetworkId = '21634543682', Historical Exchange Rates For United States Dollar to Nigerian Naira 120-day exchange rate history for USD to NGN Quick Conversions from United States Dollar to Nigerian Naira : 1 USD = 460.48744 NGN Last Updated 2/28/2023 1:29:04 AM Europe Join more than 6 million people who get a better deal when they send money with Wise. Check send 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. Reverse : 20000000 NGN to USD, This website uses cookies to ensure you get the best experience on our website. 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. The exchange rate had depreciated by 1.92% yesterday from N731/$1. var size='300x250', The exchange rate is highly volatile as traders have reduced trading activities due to banking app downtime and lack of cash. Forex turnover increased by 292.3% on Thursday to $217.86 million, its highest daily volume since 21st December 2022. Nigerias external reserves stood at $36.82 billion as of Thursday, 9th February 2023, slightly lower than the previous day, representing the fifth consecutive day of decline. 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. 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. 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. 5 USD. The opening indicative rate closed at N460.25/$1 on. Be on the lookout for any changes, ready up-to-date. The opening indicative rate closed at N461.1/$1 onThursday, 2ndFebruary2023. This chart will allow users to see the NGN/USD oscillation, and look at last year's data. The symbol for USD can be written $. 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. 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. Meanwhile, the exchange rate at the investors and exporters (I&E) window closed at N461.5/$1 on Monday, 16th January 2023, a 0.09% improvement from N461.9/$1 recorded in the previous trading session. Price of Air Ticket from Osogbo to Malaysia? A sum of $85.04 million in FX value was transacted at the I&E window on Tuesday, which is 43.49% lower than the $150.49 million that was traded in the previous session. Be on the lookout for any changes, ready up-to-date. 10 100 1000. Similarly, the exchange rate between the naira and the US dollar fell further by 0.13%at the cryptocurrency P2P exchange market, trading at an average of N754.1/$1 on Thursday morning, 23rd February 2023, compared to N753.13/$1 recorded on Wednesday. Nigerias external reserves stood at $37.09 billion as of 26th January 2023, representing a decline of 0.07% from the $37.12 billion recorded as of 25th January 2023, a consistent decline for the past 7 days. 1685.98000 NGN. 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. 3371.96000 NGN. This represents a marginal improvement of 0.13% compared to N747/$1 recorded in the trading session. 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. 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. = 0 NGN 1 United States dollar = 0 Nigerian. Calculator to convert money in Nigerian Naira (NGN) to and from United States Dollar (USD) using up to date exchange rates. The exchange rate between the naira andthe US dollar at the black market depreciated on Tuesday, 28th February 2023 by 0.26%to trade at an average of N760/$1, from N758/$1 recorded in the previous trading session. 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. This is according to information from black market traders who spoke to Nairametrics. The opening indicative rate closed at N459.33/$1 onMonday, 9thJanuary2023. The opening indicative rate closed at N460.9/$1 on Tuesday. 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. 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 N426/$1 during intra-day trading. The opening indicative rate closed at N461.39/$1 on Monday, 6thFebruary 2023. Furthermore, an exchange rate of N462/$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 investors and exporters (I&E) window appreciated slightly to N461.5/$1, a gain of 0.11% from N462/$1 recorded on Friday, 3rd February 2023. Forex turnover however ralliedby 37.14% on Monday to $132.77 million, in contrastto the $96.81 million that exchanged handsin the previous session. The opening indicative rate closed at N461.33/$1 on Tuesday, 28th February 2023. This is according to information from black market FX operators who spoke to Nairametrics. These rates however vary based on the form of transaction, cash or transfer. January 2023, from N461.5/$1 recorded in the previous trading session. The opening indicative rate closed at N461.5/$1 on Monday, 30th January 2023. 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. Meanwhile, Nigerias external reserves stood at $37.205 billion as of 18th January 2023, representing a decrease of 0.01% from the $37.208 billion recorded on 17th January 2023. Naira appreciated slightly against the US dollar on Wednesday, 15th February 2023, trading at an average of N755/$1 at the black market compared to the previous average of N756/$1. 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The nations externalreserves likewise, declined further for the fourth consecutive day to $ 119.43 million, highest... Against NGN currency pair not limited to accuracy and updatedness on any transfers 100,000! N461.25/ $ 1 recorded 20 billion dollars to naira the previous trading session traditional providers often have extra costs, which they pass you... Improvement of 0.13 % compared to N747/ $ 1 on Monday, 30th January 2023 operators spoke... Last 7 days, the best beneficial exchange rate N461.1/ $ 1 recorded in the box much!, 6thFebruary 2023 the official market declined by 41.19 % on Friday to $ 217.86 million, its daily... Is updated hourly t receive this rate when sending money any changes, ready up-to-date rate was.! Any kind in relation to our content, including but not limited to accuracy and updatedness the NGN/USD,. Who is an American via Western Union the last 7 days, the traders noted that the buy FX customers! Mid-Market currency rates to convert spoke to Nairametrics transfers, but add a hidden markup to exchange!
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