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. 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. We use the mid-market rate for our Converter. Today's Value of 20,000,000 Dollars United States dollar to Nigerian naira (USD to NGN) Quickly and easily calculate foreign exchange rates with this free currency converter. Furthermore, an exchange rate of N462/$1 was the highest rate recorded during intra-day trading before it settled at N461.1/1, while it traded for as low as N439.96/$1 during intra-day trading. 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. 4604.50000 NGN. 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. = 9,211,196,440.00 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 Monday, 30th January 2023, a 0.05% appreciation from N461.75/$1 recorded on Friday, 27th January 2023. January 2023, an 0.05% appreciation from N461.5/$1recorded in the previous trading session. 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. Any use of our content is solely at your own risk and discretion. The opening indicative rate closed atN461.25/$1on Thursday, 9th February 2023. 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. Meanwhile, the exchange rate at the investors and exporters (I&E) window closed at N461.9/$1 on Friday, 13th January 2023, a 0.16% depreciation from N461.17/$1 recorded 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. 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. Banks often advertise free or low-cost transfers, but add a hidden markup to the exchange rate. 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. 12 comments about Nigerian Nairas and United States Dollars conversion, Add currency calculators or rates to your website. 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. 1 Nigerian Naira = 0.0021716941 United States Dollar 1 United States Dollar = 460.47 Nigerian Naira Example: convert 15 Nigerian Naira to United States Dollar: 15 Nigerian Naira = 15 0.0021716941 United States Dollar = 0.0325754121 United States Dollar Popular Currency Conversions EUR to USD GBP to USD MXN to USD AUD to USD BRL to USD CAD to USD The opening indicative rate closed at N459.5/$1 onFriday, 6thJanuary2023. 10 USD. 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. This represents a 0.65%improvement compared to N765/$1 recorded in the previous trading session. A sum of $54.37 million in FX value was traded at the I&E window on Monday which is 64.53% lower than the $153.3 million that exchanged hands in the previous session. 460.45000 NGN. can money be convert before sending to Nigeria, and the easy way to receievd it. 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. Our smart tech means were more efficient which means you get a great rate. The answer is at the beginning of the page, the exchange rate Nigerian Naira v US Dollar is updated hourly. On the other hand, the exchange rate at the investors and exporters (I&E) window closed at N461.5/$1 on Thursday, 19th January 2023, recording a slight depreciationcompared to N461.25/$1 that it closed at the end of the previous trading session. On the other side, the exchange rate at the investors and exporters (I&E) window appreciated by 0.14% to close at N461.5/$1 on Tuesday, from N462.17/$1 recorded on Monday, 6th February 2023. 10 USD. This is according to information from black market FX operators who spoke to Nairametrics. But dont take our word for it. Trading activities at the official market declined further by 18.85% on Friday 13th January 2023. 20 USD. 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. The opening indicative rate closed at N461.4/$1 on Friday, 3rd February 2023. Send Money Check the currency rates against all the world currencies here. The exchange rate between the naira andthe US dollar strengthened on Monday, 27th February 2023 at the black market to trade at an average of N758/$1, representing an appreciation of 0.26%from N760/$1 recorded in the previous trading session. 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. The exchange rate at the official market closed at N461.9/$1 on Wednesday. Forex turnover however increased by 23.91% on Wednesdayto $105.37 million, from $85.04 million that exchanged hands on Tuesday. 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. Currently, the amount of foreign currency is regulated through weekly auctions, while the Central Bank sets the exchange rate. But how much do you think he will need in USD? The exchange rate has remained unstable due to decline in trading activities amidst cash crunch and downtime in banking applications. Similarly, the exchange rate at the cryptocurrency P2P exchange depreciated by 0.50% on Tuesday morning to trade at a minimum of N747.7/$1, compared to N743.95/$1 recorded as of the same time 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. Nigerias external reserves however, stood at $37.205 billion as of 12th January 2023, representing a marginal increase from the $37.205 billion recorded as of 11th December 2022, indicating a seventh straight increase in the nations reserve level. You won't receive this rate when sending money. 2294.73500 NGN. 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. 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 N461.5/$1 on Thursday, 5thJanuary 2023, representing a 0.04% appreciation from N461.67/$1 recorded on Wednesday. Send money Xe Currency Charts The exchange rate used for the USD/NGN currency pair was : 448.55. You won't receive this rate when sending money. | | | Catal | esk | Dansk | Deutsch | | English | Espaol | Eesti | Suomi | Franais | Gaeilge | | Bosanski jezik | Magyar | Indonesia | slenska | Italiano | | | | Lietuvikai | Latvijas | | Melayu | Maltija | Nederlands | Norske | Polski | Portugus | Romn | | Slovensky | Slovenski | Shqiptar | | Svenska | | Trke | | Ting Anh | | , Add currency calculators or rates to your website | Like Coinmill on Facebook, Copyright (C) 2003-2023 Stephen Ostermiller | Privacy Policy. 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. 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. A sum of $109.82 million in FX value was transacted at the I&E window on Wednesday, which is 1.98% lower than the $112.04 million that was traded in the previous session. The current exchange rate is equivalent to 0.00217. Nigerias external reserves however, stood at $37.2 billion as of 9thJanuary 2023, representing a0.09% increasefrom the $37.16 billion recorded as 6thDecember 2022, indicating a fourthsuccessive increase in the nations reserve level. 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. Simply type in the box how much you want to convert. Set an alert now, and well tell you when it gets better. A sum of $81.78 million in FX value was traded at the I&E window on Fridaywhich is 17.30% higherthan the $69.72 million that exchanged hands in the previous session. Our currency converter is simple to use and also shows the latest currency rates. January 2023, from N461.9/$1 recorded in the previous trading session. Over the last 7 days, the best beneficial exchange rate was 460,863,406,000.00. 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. Print the charts and take them with you in your purse or wallet while you are traveling. 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. provides the information in its best way. 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. The opening indicative rate closed at N461.5/$1 on Monday, 30th January 2023. The movement in the official exchange rate follows a 149.6% surge in forex turnover on Tuesday. 10 CAD. The exchange rate at the official market closed at N461.17/$1 on Wednesday, 8th February 2023, a 0.07% appreciation from N462.5/$1 recorded on Tuesday, 7thFebruary 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. 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. Official currency, and many others allow it to be used in a de capacity. & # x27 ; t receive this rate when sending money rates against all the world currencies here wallet! The world currencies here and many others allow it to be used a! Purse or wallet while you are traveling on Wednesdayto $ 105.37 million, from $ 85.04 million that hands..., an 0.05 % appreciation from N461.5/ $ 1recorded in the previous trading.... Surge in forex turnover however increased by 23.91 % on Wednesdayto $ 105.37 million, from $! Market FX operators who spoke to Nairametrics % surge in forex turnover on Tuesday follows 149.6. Page, the amount of foreign currency is regulated through weekly auctions, while the Central Bank sets the rate. 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