We use midmarket rates. 1 United States dollar = 412.9950 Nigerian naira, 1 Nigerian naira = 0.002421 United States dollar. 577 / 582. The USDNGN spot exchange rate specifies how much one currency, the USD, is currently worth in terms of the other, the NGN. On May 29, 2015, the PDP government of Dr Goodluck Jonathan handed over power to the APC-led government of President Muhammadu Buhari. Welcome to the page of currency pairs exchange rate history graph, US Dollar(USD) To Nigerian Naira(NGN) Currency. 1 Nigerian naira = 0.002424 United States dollar, 1 United States dollar = 412.4987 Nigerian naira. Nigerian Naira(NGN) To Australian Dollar(AUD) This is the page of Nigerian Naira (NGN) to Australian Dollar (AUD) conversion, below you can find the latest exchange rate between them and is updated every 1 minutes. Today, Naira has fallen to the range of 350-400 naira per dollar. The AbokiFx is the most reliable outlet for currency conversion in Nigeria. Leave a Comment Cancel reply. Nigerian Naira / U.S. Dollar 413.2231 Exchange Rate of the Nigerian Naira versus other key currencies: Convert Nigerian Nairas to American Dollars with a conversion calculator, or Nairas to Dollars conversion tables. Currency conversion rates from Zimbabwe Dollar to Nigerian Naira today Wed, 09 Jun 2021: convert from ZWD to NGN and also convert in a reverse direction. The legal backing for monetary policy by the Bank derives from the various statutes of the bank such as the CBN Act of 1958 as amended in CBN Decree No. Conclusion. The exchange rate between Nigeria’s Naira and United States’ dollar as at today, Tuesday, May 11, stands at ₦483/$1 in the parallel market while the official rate of the Central Bank of Nigeria stands at N380/$.NairaWatch can report that the exchange rate on Monday, May 10, also closed at ₦483/US$1 in the parallel market and the official rate of the CBN as well stood at N380/$1.’ The Central Bank of Nigeria (CBN) is basically the only financial institutions that trade using the official exchange rate. The Nigeria Official Exchange Rate (bank rate) of the United States Dollar is currently fixed (pegged) by the Central Bank of Nigeria (CBN). XE’s free live currency conversion chart for Nigerian Naira to US Dollar allows you to pair exchange rate history for up to 10 years. Access currency exchange rates back to January, 1990: Type currency names, 3-letter ISO currency symbols, or country names to select your currency. The black market is the same as the parallel market. Cbn exchange rate pounds to Naira … There are some terms you have to understand in exchange rates. Moneygram Exchange Rate Dollar to Naira Today in Nigeria. Current rate : ₦440:00 ... Bitcoin Cash (BCH) to Naira Exchange Rates. 10 NGN. 1972 $1 = N0.658 1973 $1 = N0.658 1974 $1 = N0.63 1975 $1 = N0.616 AbokiFX Daily dollar rate, Naira to Euro, Naira to Pounds, with live foreign exchange rate calculator on AbokiFX. News Rain Nigeria reports that the exchange rate between the naira and the US dollar closed at N411/$1 at the Importers and Exporters window, where forex is traded officially.. Naira fell against the US dollar to close at N411 to a dollar on Thursday, 6th May 2021, representing a 50 kobo decline when compared to N410.5/$1 that was recorded on Wednesday, 5th May 2021. GTBank Dollar to Naira Exchange Rate Today – 2020. Scan me! This is the second depreciation of the naira this year after falling to N472/$1 on Friday, January 8th 2021. By viewing the currency pairs exchange rate history graph (different periods for selecting), you can get more previous performance about the two currencies. On Abokifx you can check to see the BDC rates, ATM rates as well as forex market news. This makes it 0.19% rise for United States Dollar against Naira this week. Name: Canadian Dollar ISO : CAD Symbol: $ These are derived from the mid-point between the "buy" and "sell" transactional rates from global currency markets. News Rain Nigeria reports that the exchange rate between the naira and the US dollar closed at N411.25/$1 at the Importers and Exporters window, where forex is traded officially.. Naira appreciated against the US dollar on Monday at the official NAFEX window to close at N411.25 to a dollar. CBN Exchange Rate of Dollar to Naira Today. GTBank Euro to Naira rates Guaranty Trust Bank exchanges the Euro at €1 to NGN462. Export to Excel. I.e $1 = ₦363. Amount – be sure to check the transfer fee before sending it because MoneyGram uses a tiered system for sending cash. USD to NGN. While the USDNGN spot exchange rate is quoted and exchanged in the same day, the USDNGN forward rate is quoted today but for delivery and payment on … Conversion rates Nigerian Naira / US Dollar. Google: To get the official/CBN dollar exchange rate simply open Google on your device and type ‘dollar to naira’ to see the current exchange for today. In finance, an USD to NGN exchange rate is the US Dollar to >Nigerian Naira rate at which US Dollar to Nigerian Naira will be exchanged for another. This represents a 0.18% gain when compared to N412/$1 recorded on Friday, 21st May 2021. Although there might be slight changes depending on … US Dollar to Nigerian Naira conversion — Last updated Jun 9, 2021, 12:27 UTC. And the foreign currencies are not readily available to the public. Updated on 27, 2021 . Compare us to your bank Send money with Wise. Send money to Nigeria with the best NGN exchange rates for USD, EUR, BTC, GHC and GBP NGN CAD rate … N485 – sell per $1. 0.00293 CAD. 37 of 1998,No. 0.01289 USD. Cbn exchange rate euro to Naira is..CBN Euro To Naira exchange rate {Eur £} Buy: 356.867 / Sell: 358.0384. US Dollar Rates for 12/31/2020 / Nigerian Naira; US Dollars (USD) to Nigerian Nairas (NGN) exchange rate for December 31, 2020. Find Below Naira to Dollar Exchange Rate History. However, even if converting Dollar to Naira is simple through any of the above methods, it is cautious enough to know the current exchange rate before making any transactions. The word dollar is derived from the low Saxton cognate of the High German Thaler. The currency was pegged at 197 to one U.S dollar in 2016. Below is the exchange rate history of Dollar to Naira. During the Second World War, the Canadian dollar exchange rate was pegged to the US Dollar. During last 30 days average exchange rate of Nigerian Naira in US Dollars was 0.00247 USD for 1 NGN.The highest price of Nigerian Naira in US Dollar was Fri, 14 May 2021 when 1 Nigerian Naira = 0.0026 US Dollar.The lowest change rate in last month between Nigerian Nairas and US Dollar currencies was on Fri, 14 May 2021. The Abuja-based Central Bank of Nigeria replaced the fixed rate of 379 naira to a dollar used for official transactions with the more flexible nafex, also known as the investors and exporters exchange rate that has averaged 410.25 naira per dollar this … 1.1 CAD = 1 USD. 3 of 1997,No. Section 12 Sub-sections (1) to (5), CBN Act of 2007 (Ammended) Thursday. First Bank Dollar to Naira exchange rate today. Share FX rate. This makes it 0.08% rise for USD against Naira this week. View current exchange rates for the Nigerian Naira. This change has already been effected on the website of the CBN, confirming the stoppage of the interbank rate of N379/$1. Naira again closed at N485 at the black market, the same rate … Nigeria’s naira remained unchanged against the U.S. dollar at the unofficial market and official markets on Monday. The table currently shows historical exchange rates for Nigerian Nairas per 1 US Dollar. 5 NGN. See our guide on opening a domiciliary account in Nigeria. AED AUD CAD CNY EUR GBP GHS USD XAF XOF ZAR. Dollar To Naira Exchange Rate Today Black Market {March 2021} By S. Olawale March 15, 2021 Business 0 Comments. Dollar To Naira Exchange Rate. At times, you won’t get up to $1,000 through this channel. Right now, the exchange market in Nigeria is kinda fluctuating, right now, 1 dollar to naira is more than N360. Invert the table to see Nigerian Nairas per 1 Canadian Dollar. When we look at this month, USD was traded at ₦492 at the beginning of this June on Tuesday, June 1, 2021. Moreover, the nation’s Debt Management Office uses an exchange rate of Selling = 1 USD to Naira 475. 20 NGN. Nigerian Naira(NGN) To United States Dollar(USD) Exchange Rate on 31 Dec 2011 (31/12/2011) This page shows the exchange rate of Nigerian Naira (NGN) To United States Dollar (USD) on 31 Dec 2011 (31/12/2011).If you would like to view the current exchange rate of the currency pair, please visit Nigerian Naira (NGN) To United States Dollar (USD) Exchange Rates Today. The rate was 1.1 CAD = 1 USD. This is the rate all banks in Nigeria are expected to exchange the USD for the Naira. Rather, the exchange rate it employs for the currency pair is dependent on the macro-economic and fiscal policies set by the Central Bank of Nigeria. Todays Exchange Rate In Naira. Name Email Website. Aboki FX Live Daily Naira to Dollar Exchange Rates. The Nigerian currency has suffered high inflation rate and that has made it unstable over the years. Whether you are looking for the official rate or black exchange rate of the Naira to dollar, Euros to Naira, Naira to Cedis, be rest assured Aboki Fx has all the info you need. Buy and Sell Nigerian Naira for UK Pounds Sterling, US Dollars, Ghana Cedis, Euros and Bitcoin at best Naira Exchange Rates today. This is the rate all banks in Nigeria are expected to exchange the USD for the Naira. When we look at this month, USD was traded at ₦492 at the beginning of this June on Tuesday, June 1, 2021. It is also regarded as the value of USD to NGN in relation to another currency. The United States dollar (USD) or the American dollar, is the official currency, or money, of the United States of America and is also used in a number of other countries outside the US. / = BTC/USD = 40252.1189 BTC/NGN = 19482025.5683 ETH/USD = 2812.6812 ETH/NGN = 1361337.7 LTC/USD = 211.3837 LTC/NGN = 102309.7097 XRP/USD = 1.191 XRP/NGN = 576.4632 BCH/USD = 815.3626 BCH/NGN = … The Central Bank of Nigeria (CBN) has fixed new exchange rate for Naira to Dollar. Convert USD to NGN The dollar to Naira bank rate today is one of the most requested searches and here in this article, we will list out the best place to get the latest dollar to Naira exchange rate. The naira started the year at around 360 naira to the dollar on parallel markets but could soon cross the psychologically important "red line" of 500 naira. US Dollar(USD) To Nigerian Naira(NGN) Currency Exchange History. NGN to USD currency chart. The apex bank had listed the Naira-US Dollar exchange rate at N410.25 to a United States Dollar on Wednesday following the adoption of the NAFEX rate as the official rate. 1 US dollar sells for #360 and is being bought for the sum of #360. 388.00000 NGN. We use midmarket rates. 480 / 484. Canadian Dollar : Basic Info. 1 USD. They are not transactional rates. CBN has fixed new exchange rate for Naira to dollar. Today's market rate for common transfer amounts USD to NGN. Learn more. This online news platform understands that the CBN […] Cbn exchange rate dollar to Naira is e.g 365 Buy / 360 Sell. Although there might be … US Dollar to Naira exchange rate is ₦502 in Nigeria Lagos Parallel Market today, June 11, 2021. The same thing go for terms like dollar to naira, 1 dollar to naira today, convert usd to naira. SEE HOW MUCH YOU GET IF YOU SELL. 1 Zimbabwe Dollar = 1.1407 Nigerian Naira Wednesday, 09 June 2021, 23:00 Harare time, Wednesday, 09 June 2021, 22:00 Lagos time Following are currency exchange calculator and the details of exchange rates between Zimbabwe Dollar (ZWD) and Nigerian Naira (NGN). AbokiFX Daily dollar rate, Naira to Euro, Naira to Pounds, with live foreign exchange rate calculator on AbokiFX. The dollar to Naira bank rate today is one of the most requested searches and here in this article, we will list out the best place to get the latest dollar to Naira exchange rate. United States Dollar(USD) To Nigerian Naira(NGN) Exchange Rate History. Daily market exchange rates are available on your favourite bank websites and major forex portals all over the internet. Older generations would be able to relate to the good times better when the Naira was as strong as the Dollar but for the newer generation seeking the history of the Naira against the dollar this article should help you with that. The transfer fee differs for an amount between $1 – $50 and $51 – $1001. 412.48 061 Nigerian Nairas. 18/05/2021. How much is Dollar to Naira exchange rate today black market – The Naira to Dollar exchange rate though pegged at an official rate of N380.5 per $1 had been at what could be described as freefall in the black market. NGN. These are derived from the mid-point between the "buy" and "sell" transactional rates from global currency markets. Wise gives you the real, mid-market, exchange rate, so you can make huge savings on your international money transfers. This ushered in Buhari, a former military ruler. The table above gives daily updates of Canadian dollar to Naira Exchange rate. During last 30 days average exchange rate of United States Dollar in Nigerian Nairas was 409.6937 NGN for 1 USD.The highest price of US Dollar in Nigerian Naira was Sat, 15 May 2021 when 1 US Dollar = 413 Nigerian Naira.The lowest change rate in last month between US Dollars and Nigerian Naira currencies was on Sat, 15 May 2021. 412.48 061 Nigerian Nairas. Source: free currency rates (FCR) 1.00 US Dollar =. GTBank Malaysian Ringgit To Naira Exchange Rate Today 1 Ringgit = 89 Nigerian Naira Please note that you may be charged an amount that is slightly different from the above exchange rates because the exchange rates are not so stable – they can rise and fall at any point in time. ₦ [EOD shortcode cache error: value is not cached yet] $100. Dollar To Naira In Black Market. There is a big divide between the official dollar to Naira rate and the rate in the black market. In quick summary, the Interbank exchange rate is a type of Dollar to Naira exchange rate that is being done by the bank’s own type of bureau de change. Western Union cannot determine the Dollar to Naira Exchange rate Regime in Nigeria on its own. GTBank Dollar to Naira rates GTB exchanges Dollar at $1 to NGN390 at the Interbank rate, while the Black market (Parallel) rate exchanges the Dollar at $1 to NGN475. The Naira to dollar exchange rate in 2020 has been marred by a series of economic uncertainties and weak macro fundamentals caused by the COVID-19 pandemic. Exchange Rate Dollar to Naira. 1 USD = 412 NGN 1 Dollars = 412 Nigerian Naira ; AbokiFx: Abokifx is a website that curates and tracks the different exchange rates, Naira to Pound rates, Naira to Euro rates. The dollar to naira black market rate is ₦363. TradeNAIRA is the only transparent Nigerian Naira Currency Exchange. 38 of 1998,1999 and CBN Act of 2007. 0.02577 USD. 10 CAD Note. The dollar changes for more there. On April 2, 1792, the United States Congress created the U.S dollars as the standard unit of money for the country. Dollar To Naira In Black Market. The value of the naira to the dollar fell from 196.99 in December 2015 to 410 in April 2021. According to a report by Punch, the value of the naira to the dollar fell from 196.99 in December […] The Nigeria black market dollar exchange rate today to the Nigerian Naira is as follows: Buying = 1 USD to Naira 468. There is the black market exchange rate and the official bank rate with which your bank pays you except you have a dollar account, otherwise known as a domiciliary account. Compare us to your bank Send money with Wise. The current CBN exchange rate of the Dollar to Naira today is: $1 = ₦380. Deposits in any bank in Nigeria : Naira N Dollar ensures total security in your online transfer : Send money from the comfort of your home : AVOID EXPENSIVE FEES : Transaction fee AS LOW AS: US$ 1.99 : Exchange rate: 475.000 : Send amount: Up to US$ 2,995 (in 30 days) Need to send more? As at today with USD being traded at ₦497 we see a 0.05% rise for United States Dollar to Naira exchange rate for this month. The table below shows historical exchange rates between the Nigerian Naira (NGN) and the US Dollar (USD) between 11/30/2020 and 5/28/2021. Export this data to a CSV file which can be imported by Microsoft Excel. As at the time of writing this article, 1 dollar = 361 Naira. Invert the table to see US Dollars per 1 Nigerian Naira. You can also subscribe to our newsletters for latest rates of Canadian dollar. The official CBN rate stands at N360 per US Dollar ($) Centrally. The Nigeria Official Exchange Rate (bank rate) of the United States Dollar is currently fixed (pegged) by the Central Bank of Nigeria (CBN). CBN devalues naira by N6 in move to unify exchange rates – The Central Bank of Nigeria (CBN) on Friday devalued the naira by N6 to dollar.The naira devaluation has brought the local currency closer to the exchange rate unification agenda of the apex bank as recommended by the International Monetary Fund (IMF) and World Bank. With the history chart of this currency pairs you can review market history and analyze rate … In mid-1949, use of the British Pound was terminated, and the Dollar remained fixed at the same rate to the CAD. On this page you can find the latest exchange rate between US Dollar and Nigerian Naira, results are updated every hour, for this operation we used the international currency rate: 385.53000.You can convert US Dollar to other different currencies with the converter on right sidebar Comment. The dollar to naira black market rate is ₦363. US Dollar to Nigerian Naira conversion — Last updated Jun 9, 2021, 12:27 UTC. Year 2020 United States dollar/Nigerian naira (USD/NGN) rates history, splited by months, charts for the whole year and every month, exchange rates for any day of the year. Live Exchange Rate. 4 of 1997,No. The naira traded at N470/$1 for almost 2 weeks since … However, on Thursday the now official rate has been updated to N410 per U.S Dollar, indicating an improvement of N0.25 from N410.25 on Wednesday. Exchange rates are updated every 15 minutes. You have converted 1 USD to NGN : 385.530000 ₦. The black market is the same as the parallel market. Newsone reports that the Central Bank of Nigeria (CBN) has devalued the naira by 7.6% against the dollar in what has been seen as a move to migrate toward a single exchange-rate system for the local currency.. 578 / 583. It shows the exchange rate of the two currencies conversion. CBN Exchange Rate US Dollar to Naira from 2015 till Date. The parallel market rate … Naira appreciated against the US dollar on Monday at the official NAFEX window to close at N411.25 … The CBN exchange rate of 1 dollar to Naira today is #306/307. Also, view Naira to Dollar … US dollar (USD) Nigerian naira (NGN) $1. 24 of 1991, CBN Decree Amendments 1993,No. Therefore exchange rate dollar to naira is 361 Naira. First Bank of Nigeria - (United States Dollar) rates . This makes no rise for USD rate against Naira this week.. To have a monthly quick review, we see that USD rate started June at ₦498 on Tuesday, June 01, 2021. Dollar To Naira Exchange Rate Today in the Black Market. 0.00258 USD. That is, One United States dollar equals three hundred and sixty-three Nigerian nairas. History Of Dollar. CBN dollar to naira exchange rate today . ₦ [EOD shortcode cache error: value is not cached yet] $500. That is, One United States dollar equals three hundred and sixty-three Nigerian nairas. Current Nigerian Naira Exchange Rates. 5 CAD Note. Right now, the exchange market in Nigeria is kinda fluctuating, right now, 1 dollar to naira is more than N360. CBN devalued the Naira by 7.6% against the Dollar in what has been seen as a move to migrate towards a single exchange-rate system for the local currency. Download the Xe App.
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