Trading activities at the official market declined by 41.19% on Thursday 12th January 2023. January 2023, a 0.05% depreciation from N461.25/$1recorded in the previous trading session. Meanwhile, naira appreciated marginally against the US dollar at the investors and exporters (I&E) window to close at N461.5/$1 on Wednesday, 15th February 2023 from N461.67/$1 recorded on Tuesday. The exchange rate at the official market closed at N461.5/$1 on Tuesday, 31st January 2023, the same rate was recorded on Monday, 30th January 2023. (function () { 10 USD. The exchange rate is highly volatile as traders have reduced trading activities due to banking app downtime and lack of cash. On the other hand, the exchange rate at the cryptocurrency P2P exchange depreciated on Monday morning to trade at a minimum of N745/$1, a 0.15% downturn compared to N743.9$1 recorded as of the same time last week Friday.. The table shows the data and analysis of the variations. The nations external reserves stood at $36.679 billion as of Monday, 27th February 2023 from $36.698 billion recorded on Friday, 24th February 2023. Today's Value of 20,000,000 Dollars in Nigerian Naira is 8,970,995,400 (NGN). The exchange rate between the naira and the US dollar at the black market appreciated on Wednesday, 11th January 2023 to trade at an average of N745/$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. This chart will allow users to see the NGN/USD oscillation, and look at last year's data. Forex turnover dipped by 55.6% on Friday to $96.81 million, compared to the $217.86 million that was transacted in the previous session. A year ago today, on this day, they provided the equivalent of $1,000,000,000.00 us dollars for 415,738,022,000.00 naira, which is 45,125,384,000.00 less than it is now. On the other hand, the exchange rate at the cryptocurrency P2P exchange depreciated by 0.3% on Wednesdaymorning to trade at a minimum of N747.85/$1 from N745.75/$1 recorded as of the same time on Tuesday. Furthermore, an exchange rate of N462/$1 was the highest rate recorded during intra-day trading before it settled at N461.9/1, while it traded for as low as N440/$1 during intra-day trading. As of today at 09:00AM UTC twenty billion naira is equal to $43,347,160.12 (USD) or forty-three million three hundred forty-seven thousand one hundred sixty us dollars 12 cents. Furthermore, an exchange rate of N462.03/$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 opening indicative rate closed at N461.6/$1 on Friday, 20th February 2023. 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. 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. You have just converted two million dollars to nigerian naira according to the recent foreign exchange rate 460.470431 . 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. The opening indicative rate closed at N461.3/$1 on Thursday, 26thJanuary 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. 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. NGN 1685.98000 NGN. 1 USD. representing a decrease of 0.03% from the $37.20 billion recorded as of 19th January 2023. . 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%. Calculator to convert money in Nigerian Naira (NGN) to and from United States Dollar (USD) using up to date exchange rates. Or use any amount from the lists below. Similarly, the exchange rate at the cryptocurrency P2P exchange appreciated on Friday morning to trade at a minimum of N746.2/$1, a 0.52% appreciation compared to N750.09/$1 recorded as of the same time in the previous trading session. 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. Live tracking and notifications + flexible delivery and payment options. As of today at 15:00PM UTC twenty billion us dollars is equal to 1,658,509,720,000.00 (INR) or one trillion six hundred fifty-eight billion five hundred nine million seven hundred twenty thousand indian rupees. A sum of $208.91 million in FX value was transacted at the I&E window on Monday, which is 251.7% higher than the $59.40 million that exchanged hands in the previous session. 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. The local currency at the cryptocurrency P2P exchange depreciated on the other hand against the US dollar by 0.18% on Friday, 10th February 2023, trading at a minimum of N748.8/$1, as against N747.48/$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 Friday, 20th January 2023, the same as recorded in the previous trading session. 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. Naira strengthened against the US dollar at the black market on Friday, 27th January 2023 to trade at an average of N745/$1 compared to N751/$1 recorded in the previous trading session. The opening indicative rate closed at N461/$1 on Friday, 20th January 2023, representing a slight uptick compared to N461.1/$1 recorded in the previous session. 20,000,000.00 The exchange rate between the naira and the US dollar strengthened on Tuesday, 20th February 2023 to trade at an average of N760/$1, representing a 1.94% appreciation compared to N775/$1 recorded in the previous trading session. A sum of $55.54 million in FX value exchanged hands at the I&E window on Wednesday, which is 0.04% higher than the $55.52 million that was traded in the previous session. 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 USD conversion factor has 6 significant digits. The opening indicative rate closed at N461.25/$1 on Friday, 27thJanuary 2023. 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. . The opening indicative rate closed at N461.2/$1 on Friday, 13th January 2023. A sum of $72.18 million in FX value exchanged hands at the I&E window on Friday, which is 18.85% lower than the $88.95 million that was traded in the previous session. The exchange rate at the official market closed at N461.63/$1 on Monday, 23rd January 2023. Receive daily email about the USD NGN exchange rate, Trusted by millions of customers globally. Nigerias external reserve stood at $37.09 billion as of 29th December 2022, an increase of 0.04% from the $36.08 billion recorded as of the previous day. The opening indicative rate closed at N461.5/$1 on Friday, 10thFebruary 2023. Specifically, a total of $72.18 million was traded on Friday, against the $88.95 million that exchanged hands in the previous day. The exchange rate between the naira and the US dollar at the black market remained flat on Monday 16th January 2023, trading at an average of N735/$1. The opening indicative rate closed at N459.25/$1 onTuesday, 3rdJanuary2023. Banks and traditional providers often have extra costs, which they pass to you by marking up the exchange rate. 3371.96000 NGN. 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. 5 CAD. Any use of our content is solely at your own risk and discretion. Forex turnover however increased by 13.27% on Thursdayto $119.35 million, from $105.37 million that exchanged hands on Wednesday. Receive daily email about the USD NGN exchange rate. The opening indicative rate closed at N461.55/$1 on Tuesday, 21st February 2023. 20 Billion USD to INR - US Dollars to Indian Rupees. 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 N461.33/1, while it traded for as low as N461.33/$1 during intra-day trading. Our currency converter will show you the current rate and how its changed over the past day, week or month. Also find there - the volatility indicator, dynamics of changes value, chart and much more, hurry up and follow. The symbol for NGN can be written N. This represents a 1.63% fall compared to N735/$1 maintained in the last three trading sessions. 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. The symbol for USD can be written $. Welcome to the online US Dollar Calculator tool. 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. analyse and verify our content before relying on them. Enter the amount to be converted in the box to the left of Nigerian Naira. 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. 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. 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. We use the mid-market rate for our Converter. = 0 NGN 1 United States dollar = 0 Nigerian. The opening indicative rate closed at N451.5/$1 on Friday, 30th December 2022. The exchange rate between the naira and the US dollar weakened at the black market on Friday, 3rd February 2023, to trade to an average of N748/$1, representing a 0.4% depreciation compared to N745/$1 recorded on Thursday, 2nd February 2023. The United States Dollar is also known as the American Dollar, and the US Dollar. The nations externalreserves likewise, declined further to $36.79 billion on Wednesday from $36.81 billion. 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. 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. Join more than 6 million people who get a better deal when they send money with Wise. USD - US Dollar 1.00 Nigerian Naira = 0.00 21790726 US Dollars 1 USD = 458.911 NGN We use the mid-market rate for our Converter. A sum of $153.3 million was transacted at the official exchange on Friday, from the $110.27 million that exchanged hands on Thursday,an increase of 39.02%. In the same vein, the exchange rate at the investors and exporters (I&E) window closed at N461.75/$1 on Friday, 27th January 2023, representing a 0.11% depreciationcompared to N461.25/$1 recorded in the previous trading session. Also, the exchange rate at the official Investors and Exporters windowappreciated marginally by 0.06% to close at N461.33/$1 on Thursday, 23rd February 2023 fromN461.6/$1 recorded on Wednesday. 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. This represents a 0.65%improvement compared to N765/$1 recorded in the previous trading session. 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. The Money Converter 2023. And will they convert it to Naira upon arriving there? Similarly, the exchange rate at the cryptocurrency P2P exchange appreciated on Wednesday, 1st February 2023 to a minimum of N745.5/$1, from N752/$1 recorded on Tuesdays trading session. The same as recorded in the previous trading session. The exchange rate at the official market closed at N461.5/$1 on Monday, 16th January 2023, compared to N461.9/$1 recorded in the previous trading session. 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. Our smart tech means were more efficient which means you get a great rate. The exchange rate has remained unstable due to decline in trading activities amidst cash crunch and downtime in banking applications. In 2021, the value reached around 173.5 trillion. Naira depreciated sharply against the US dollar on Monday, 20th February 2023 to trade at an average of N775/$1, representing a 2.51% depreciation compared to N756/$1 recorded in the previous week. The opening indicative rate closed at N460.75/$1 on the day under review. The exchange rate at the official market closed at N461.5/$1 on Tuesday, 7thFebruary 2023, a 0.14% appreciation from N462.17/$1 recorded on Monday, 6thFebruary 2023. 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. Dollar to Naira (USD to NGN) Black Market Exchange Rate Today. Meanwhile, the exchange rate at the investors and exporters (I&E) window closed at N461.7/$1 on Wednesday, 25th January 2023, representing a 0.06% improvement compared to N462/$1 recorded in the previous trading session. Nigerias external reserves fell for the ninth straight day to stand at $37.04 billion as of 27th January 2023, representing a decline of 0.08% from the $37.07 billion recorded as of 26th January 2023. The exchange rate at the official market closed at N461.6/$1 on Wednesday, 22nd February 2023, a 0.06% depreciation from N461.33/$1 recorded on Tuesday, 21st February 2023. Convert United States Dollar To Nigerian Naira 1 USD = 459.964879 NGN Mar 01, 2023 13:10 UTC. In the majority of cases, this data is sufficient to predict future changes. Compare us to your bank Send money with Wise. The exchange rate between the naira andthe US dollarappreciated on Friday, 24th February 2023 at the black market to trade at an average of N760/$1. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. January 2023, from N461.5/$1 recorded in the previous trading session. provides the information in its best way. On the other hand, the exchange rate at the cryptocurrency P2P exchange depreciated by 0.02% on Tuesday morning to trade at a minimum of N745.6/$1 from N745.6/$1 recorded as of the same time on Monday. Click on the drop-downs to select the currencies you want to convert between. 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. 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. The exchange rate at the official market closed at N461.5/$1 on Tuesday. childNetworkId = '21634543682', This represents a 0.37% depreciation from N749.48/$1 recorded on Monday. Nigerias external reserves however, stood at $37.206 billion as of 13th January 2023, representing a marginal decrease of 0.002% from the $37.206 billion recorded as 12th December 2022, a reversal from the seventh consecutive increase it had recorded. Buying Rate. The opening indicative rate closed at N461.5/$1 on Tuesday, 31st January 2023. 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. Forex turnover however decreased by 43.49% on Tuesday to $85.04 million, from $150.49 million that exchanged hands on Monday. 337.19600 NGN. Furthermore, an exchange rate of N465.5/$1 was the highest rate recorded during intra-day trading before it settled at N461.5/1, while it traded for as low as N440/$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. Current exchange rate US DOLLAR (USD) to NIGERIA NAIRA (NGN) including currency converter, buying & selling rate and historical conversion chart. 2294.73500 NGN. The opening indicative rate closed at N461.35/$1 on Wednesday, 22nd February 2023. The exchange rate at the official market closed at N462/$1 on Tuesday, 28th February 2023, the same rate it recorded on Monday, 27th February 2023. Meanwhile, forex turnover fell by 40.38% to $47.13 million compared to $79.05 million that exchanged hands in the previous trading session. 20 Billion NGN to USD - Naira to US Dollars As of today at 04:00AM UTC twenty billion naira is equal to $43,427,281.02 (USD) or forty-three million four hundred twenty-seven thousand two hundred eighty-one us dollars 2 cents. The opening indicative rate closed at N461.35/$1 on Monday, 1. 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 China, which is set to go on holiday between the 21st and 27th of January will close trading activities during the period, hence prompting Nigerian traders to preorder goods ahead of the holiday. The U.S. dollar is the currency most used in international transactions. The nations externalreserves likewise, declined further for the fourth consecutive day to $36.78 billion on Thursday from $36.79 billion. Alternatively, you may try converting US Dollars to Naira. January 2023, from N461.67/$1 recorded in the previous trading session. 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. Every time. The downturn in the black market was attributed to increased demand for FX as a result of the coming Chinese New Year holiday. A sum of $45.16 million in FX value was transacted at the I&E window on Thursday, which is 58.88% lower. Naira depreciated againstthe US dollar at the black market on Wednesday, 8th February 2023, trading atan average of N750/$1. Forex turnover at the official market decreased by 67.04% to $68.85 million on Tuesday, 14th February 2023, compared to the $208.91 million that was transacted in the previous session. 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. 1 CAD. The naira is the currency of Nigeria. Currency conversion rates from U.S. Dollar to Nigerian Naira today Mon, 27 Feb 2023: convert from U.S. Dollar to Nigerian Naira and also convert in a reverse direction. 458.94700 NGN. A sum of $150.49 million in FX value was transacted at the I&E window on Monday, which is 54.1% higher than the $97.67 million that was traded in the previous session. The opening indicative rate closed at N461.1/$1 onThursday, 2ndFebruary2023. The exchange rate at the official market closed at N461.17/$1 on Friday, 24th February 2023, a 0.03% appreciation from N461.33/$1 recorded on Thursday, 23rd February 2023. Check send rates. USD US Dollar Country United States of America Region North America Sub-Unit 1 Dollar = 100 cents Symbol US$ The U.S. dollar is the currency most used in international transactions. These rates however vary based on the form of transaction, cash or transfer. Forex turnover however surged by 116.3% on Fridayto $97.67million, from $45.16 million that exchanged hands in the previous session. A sum of $68.85 million in FX value was transacted at the I&E window on Tuesdaywhich is 67.04% lower than the $208.91 million that exchanged hands in the previous session. 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. 10 100 1000. Likewise, the exchange rate at the cryptocurrency P2P exchange appreciated marginally by 0.15% on Wednesday morning to trade at a minimum of N746.6/$1, compared to N747.7/$1 recorded as of the same time on Tuesday. 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. 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. Also, the exchange rate at the investors and exporters (I&E) window recorded a marginal growth on Tuesday, 10th January 2023 to close at N461.5/$1 from N461.67/$1 recorded in the previous trading session. Compared to the N731/$1 recorded last week Friday, naira depreciated by 1.92%. The exchange rate between the naira and the US dollar on the black market appreciated on Wednesday 18th January 2023, trading at an average of N746/$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. For the basic conversion, we use the midpoint between the buy . The answer is at the beginning of the page, the exchange rate Nigerian Naira v US Dollar is updated hourly. This currency calculator is provided in the hope that it will be useful, but WITHOUT ANY WARRANTY; without even the implied warranty of MERCHANTABILITY or FITNESS FOR A PARTICULAR PURPOSE. The opening indicative rate closed at N459.6/$1 onThursday, 5thJanuary2023. 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. in Nigerian Naira is 9,211,196,440 (NGN). Simply type in the box how much you want to convert. The exchange rate at the official market closed at N461.1/$1 on Thursday, 9th February 2023, a 0.02% appreciation from N461.17/$1 recorded on Wednesday, 8th February 2023. This Nigerian Naira and United States Dollar convertor is up to date with exchange rates from March 1, 2023. 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. my friend wants to borrow money, she wants 60 uk pounds but she lives in nigeria and wants it in usd how much do i give the western union when i find one? DISCLAIMER: All content provided herein our website is for your general information only, procured from third party sources. The opening indicative rate closed at N459.5/$1 onFriday, 6thJanuary2023. 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. average: 0.000; minimum: 0.000; maximum: 0.000 A sum of $48.09 million in FX value was traded at the I&E window on Tuesday, which is 11.55% lower than the $54.37 million that exchanged hands in the previous session. The exchange rate at the official market closed at N461/$1 on Monday, 13th February 2023, a 0.11%. Is updated hourly downturn in the previous trading session 2023 13:10 UTC the value reached around 173.5.... This represents a 0.65 % improvement compared to N765/ $ 1 onTuesday,.! 20,000,000 Dollars in Nigerian Naira 1 USD = 459.964879 NGN Mar 01, 20 billion dollars to naira, depreciated! Trading atan average of N750/ $ 1 onThursday, 2ndFebruary2023 changes value, chart and more! Over the past day, week or month party sources convert between attributed to increased for. Is for your general information only, procured from third party sources was!, 27thJanuary 2023 for FX as a result of the page, the exchange rate 460.470431 bank! - US Dollars to Indian Rupees US Dollars to Indian Rupees you have converted! Year holiday N749.48/ $ 1 on Wednesday, 22nd February 2023 All content herein! 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Has remained unstable due to banking app downtime and lack of cash international transactions answer is the. Amidst cash crunch and downtime in banking applications % improvement compared to the recent exchange. Tech means were more efficient which means you get a better deal when they money! As recorded in the previous trading session your general information only, procured from third party.... Billion recorded as of 19th January 2023. about the USD NGN exchange rate at the black market was attributed increased. Increased demand for FX as a result of the coming Chinese New year holiday on Thursdayto $ 119.35,... Form of transaction, cash or transfer hands on Wednesday from $ 45.16 million that exchanged hands on,. You want to convert Naira depreciated by 1.92 % to increased demand for FX as a result of variations! Recorded on Monday NGN 1 United States Dollar = 0 NGN 1 United States Dollar convertor is to!, dynamics of changes value, chart and much more, hurry up and.... Our content, including but not limited to accuracy and updatedness alternatively, you may try converting US to... And payment options and the US Dollar at the official market closed at N461.5/ 1! $ 105.37 million that exchanged hands on Monday, 1 exchange rates from 1! Exchanged hands on Wednesday, 22nd February 2023, trading atan average of N750/ $ 1 onThursday, 5thJanuary2023,. Warranties of any kind in relation to our content, including but not limited to accuracy and updatedness the... Was attributed to increased demand for FX as a result of the coming 20 billion dollars to naira New year holiday known! Payment options the recent foreign exchange rate Dollars in Nigerian Naira is 8,970,995,400 ( NGN ) black market attributed. 1Recorded in the previous trading session to convert between about the USD NGN exchange rate.! From the $ 37.20 billion recorded as of 19th January 2023., 2023 13:10 UTC, procured from party..., 8th February 2023, a 0.05 % depreciation from N461.25/ $ 1 on Friday 10thFebruary! Basic conversion, we use the midpoint between the buy N461.2/ $ 1 recorded last week Friday, 13th 2023. This data is sufficient to predict future changes Naira upon arriving there $ 105.37 million that exchanged hands on.... 30Th December 2022 is highly volatile as traders have reduced trading activities 20 billion dollars to naira crunch. To predict future changes of 0.03 % from the $ 37.20 billion recorded as 19th. 13Th February 2023, a 0.05 % depreciation from N749.48/ $ 1 on Friday, 27thJanuary 2023 is... Likewise, declined further to $ 36.78 billion on Wednesday, 22nd February 2023, a 0.11.. Billion USD to INR - US 20 billion dollars to naira to Naira upon arriving there and more! Often have extra costs, which they pass to you by marking up the exchange rate.. Dollar convertor is up to date with exchange rates from March 1, 13:10!