Convert United States Dollar to Nigerian Naira | USD to NGN Currency Converter USD 1.00 = 459.829 NGN invert currencies Last Updated 4/13/2023 5:27:12 AM en-US 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. According to Davido, he has only spent about $300k (over N139 million) on the Timeless album and he has made a lot more profit than that. 505 Likes, 44 Comments - ABUJA TOUR GUIDE (@waka_waka_nnenna) on Instagram: "WOULD YOU PAY 2 MILLION NAIRA TO BE A MEMBER OF THIS BEACH CLUB? Number (x) Number to convert to words (as currency) Language. Nigeria is a developing country located in West Africa with a population of over 200 million people. To add USD to EUR #widget to your website, you simply need to copy the code below and paste You won't receive this rate when sending money. Watch him speak below . 2,000,000.00 Wise gives you the real, mid-market, exchange rate, so you can make huge savings on your international money transfers. However, an update making the rounds online disclosed that the self-acclaimed African giant allegedly earned 750,000 dollars for his 50-minute performance. On the foreign exchange parallel market, a key source of the greenback for many Nigerian businesses and individuals, the naira/dollar exchange rate reportedly stood at over N730:$1. On this day a year ago, they gave $2,879.38 us dollars for 1,200,000.00 naira, which is $286.16 more than it is today. When we compare today's (13/04/2023) values with the last 7 days, average Dollar to Naira rate had a 18.45 points decrease from 753.45 to 735.00 which corresponds to a 2.45% fall. The currency symbol is $. For two million naira you get today 4,344 dollars 61 cents. These percentages show how much the exchange rate has fluctuated over the last 30 and 90-day periods. How much is 100 in USD? The Xe Rate Alerts will let you know when the rate you need is triggered on your selected currency pairs. Example: convert 15 Bitcoin to Nigerian Naira: 15 Bitcoin = 15 13921425.887867 Nigerian Naira = 208821388.318 Nigerian Naira. in Dollars is 4,305.71 (USD). This is for informational purposes only. These are the lowest points the exchange rate has been at in the last 30 and 90-day periods. Every time. 2,000,000 dollars to nigerian naira according to the foreign exchange rate for today You have just converted two million dollars to nigerian naira according to the recent foreign exchange rate 460.470431 . And with our daily summaries, youll never miss out on the latest news. 2000000 Nigerian naira to United States Dollar, convert australian dollars to brazilian real. This means that one million dollars in Nigerian naira is worth about $9.24 million USD. One US dollar is made up of 100 cents and is often represented by the symbol $. Convert 2000000 Nigerian naira to US Dollar using latest Foreign Currency Exchange Rates. It is subdivided into 100 kobo. Nigerian naira to United States dollar (NGN to USD) Quickly and easily calculate foreign exchange rates with this free currency converter. 2 Million USD to Naira. How to Convert BTC to NGN. 2000000 Nigerian Naira in USD dollar (NGN to USD) Exchange rate Nigerian Naira to USD dollar (NGN to USD) today 1 NGN = 0.002 USD Market Foreign Exchange rate at 0h00 How to send USD dollar to the US - United States ? Convert Nigerian Naira to United States Dollar | NGN to USD Currency Converter NGN 1.00 = 0.002 USD invert currencies NGN - Nigerian Naira USD - United States Dollar Conversion Rate (Buy/Sell) USD/NGN = 0.0021725198 Last Updated 4/12/2023 6:28:11 PM en-US NGN Nigerian Naira Country Nigeria Region Africa Sub-Unit 1 Naira = 100 kobo Symbol Originally Answered: Is $100 a lot of money in Nigeria? 15 Useful Things You Can Buy With 50 Naira Or Less In Nigeria 1 . (one hundred million Nigerian Naira = two hundred seventeen thousand one hundred sixty-four U.S. Dollar and seventy cent) 1 Nigerian Naira = 0.0022 U.S. Dollar. Cement - 400 x 2500 = 1,000,000 3. The exchange rate used for the NGN/USD currency pair was : .002. For example, with 4 million US dollars, one could easily buy a new car, go on a luxurious vacation, or make a down payment on a new house. Send money online fast, secure and easy. US dollar to Nigerian nairas Converted to 1.00000 USD = 460.24900 NGN Mid-market exchange rate at 12:28 UTC Track the exchange rate Send money Spend abroad without hidden fees USD to NGN conversion chart 1 USD = 460.24900 NGN As of 1 min ago, 1 USD 460.249 NGN Mid market rate 48 hours 1 week 1 month 6 months 12 months 5 years Mar 14 Apr 13 it into the desired position in your websites HTML source code. 1. It controls the volume of money supplied in the economy in order to ensure monetary and price stability. Inverse: 1,200,000.00 USD = 555,293,814.00 NGN. You won't receive this rate when sending money. Our currency rankings show that the most popular Nigerian Naira exchange rate is the NGN to USD rate. Wall Street giants like JPMorgan say there may be more volatility from the upgrade as a large sum of staking rewards become available this week. The Nigerian Naira has been historically unstable, so its value relative to the US dollar has varied greatly over time. analyse and verify our content before relying on them. NGN An analysis of 2022 full-year financial statements showed that four of the banks that have released their audited accounts incurred an impairment loss of about N207 billion in 2022 due to Ghana's debt restructuring. The anti-corruption unit that discovered the money suspected the funds were . DISCLAIMER: All content provided herein our website is for your general information only, procured from third party sources. The exchange rate between the Nigerian Naira and US dollar fluctuates daily. List of materials and how much dem go chop to build bungalow for Eastern Nigeria. The figure indicates a N9 or 1.2 percent . Nigeria's Finance Minister Zainab Ahmed has repeatedly warned about the high cost of gasoline subsidies, saying the bill could reach $16.2 billion in 2023. 1 Nigerian Naira = 7.1831722415126E-8 Bitcoin. Konverter 1 000 000 EUR til NGN med valutakalkulatoren til Wise. You can equally access up to 2 million naira to start your business. These are the highest points the exchange rate has been at in the last 30 and 90-day periods. See the post below. These currency charts use live mid-market rates, are easy to use, and are very reliable. The open indicative rate closed at N463.50 to the dollar on Thursday. Check send rates US Dollar to Nigerian Naira conversion Last updated Apr 13, 2023, 03:18 UTC Convert US Dollar to Nigerian Naira These are the average exchange rates of these two currencies for the last 30 and 90 days. The most favorable exchange rate for the current 7 days, was 553,800,000.00. = 0 USD 1 Nigerian naira = 0 United States. Please enter the amount that you would like to convert. If converted to naira(NGN) money it will amount to #36,000.00 which is beyond the minimum wage of an average Nigeria worker at #30,000.00. NGN 1 hundred million Naira; NGN 2 hundred million Naira; NGN 3 hundred million Naira; NGN 4 hundred million Naira; NGN 5 hundred million Naira; NGN 6 hundred million Naira; USD is being traded at 737 in Black Market (Lagos) today, Thursday, April 13, 2023. Feel free to try converting the currency rate in reverse from US Dollars to Naira. Banks and traditional providers often have extra costs, which they pass to you by marking up the exchange rate. The singer, however, noted that he has learnt better with his current project and has managed to achieve more with less spending. A bull and a bear weigh in and share 3 top picks. 3. For two million dollars you get today 920,940,862 naira 00 kobo. These are the highest points the exchange rate has been at in the last 30 and 90-day periods. This data is usually enough to forecast future changes. 17 Apr 2023 07:49:27 The Central Bank of Nigeria is the monetary authority responsible for issuing the currency. NGN A Nigerian sales clerk has been suspended after she told auditors that a snake had eaten 36m naira. Nigeria is a country located in West Africa and its currency is the naira. You should conduct your own research, review, He pegged the total spend at $2m (over N930 million). Use "Swap currencies" to make United States Dollar the default currency. Billionaires Tyler and Cameron Winklevoss made the loan after Gemini informally sought funding from outside investors, Bloomberg reported. You have currently selected the base currency, Russia's economy in 4 charts: How war, sanctions, and shifting oil flows have reshaped a world power. These percentages show how much the exchange rate has fluctuated over the last 30 and 90-day periods. The Xe Rate Alerts will let you know when the rate you need is triggered on your selected currency pairs. Any use of our content is solely at your own risk and discretion. This means that if you have 100 naira, you could exchange it for just over 27 US dollars. Blocks - 5000 40 =. 10 100 1000 2000000.00 NGN = 4343.58 USD Follow news in the Economic Calendar Currency converter - Light Version The fast and reliable converter shows how much you would get when exchanging two million Nigerian naira to US Dollar. You wont receive this rate when sending money. That's the equivalent of $100,000 or 72,250. What happens to markets if the greenback loses its world dominance? A million dollars in Nigerian naira is equivalent to about 924,000,000. 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 rate is updated automatically several times per 24 hours. Nigeria's foreign direct Iivestment (FDI), which measures the interest of investors in an economy, has continued to fall, based on data published by the National Bureau of Statistics (NBS). This would be a fun amount of money to have because it would be enough to cover a lot of expenses. Banks often advertise free or low-cost transfers, but add a hidden markup to the exchange rate. Convert to US Dollar(USD) Convert to Euro(EUR) Convert to British Pound(GBP) Convert to Chinese Yuan(CNY) Convert to Swiss Franc (CHF) . Nonetheless, this amount is dependent upon the bank you are using. The exchange rate used for the USD/NGN currency pair was : 460.329. @breeze.lagos While in Lagos, ." ABUJA TOUR GUIDE on Instagram: "WOULD YOU PAY 2 MILLION NAIRA TO BE A MEMBER OF THIS BEACH CLUB? On average, the monthly cost of living for an individual in Nigeria amounted to 43.2 thousand Nigerian Naira, which equaled to roughly 111 U.S. dollars. Egypt's Minister of Foreign Affairs has stressed on Monday, in phone calls with his French, Djiboutian, and South Sudanese counterparts, the need for foreign parties to refrain from any interference in the Sudanese conflict so as not to exacerbate its severity. These are the lowest points the exchange rate has been at in the last 30 and 90-day periods. The naira has appreciated against the dollar at the parallel market as some of the dollars said to have been spent by politicians during the elections have come into the market. Assuming you would like an article discussing the current exchange rate between Nigerian Naira and US dollars: As of July 2020, two million Nigerian Naira is equivalent to approximately 5,371.48 US dollars. The most favorable exchange rate for the current 7 days, was $2,616.93. Today's Value of 2,000,000 Dollars in Nigerian Naira is 920,658,808 (NGN). This has led to so many questions being . 1 = $0.0022 -$0.000001 (-0.02%) at the rate on 2023-03-15. Below is the list of popular banks in Nigeria and their respective limits for savings account: Our currency converter will show you the current rate and how its changed over the past day, week or month. Sign up to get notified, and well let you know as soon as we can. Convert Nigerian Naira To United States Dollar 1 NGN = 0.002172 USD Apr 12, 2023 09:23 UTC Send Money Check the currency rates against all the world currencies here. 2,000,000 naira to united states dollar according to the foreign exchange rate for today You have just converted two million naira to united states dollar according to the recent foreign exchange rate 0.00217231 . 540. Britain could see crypto-specific regulation in the next 12 months, top lawmaker says, Goldman Sachs is set to report first-quarter earnings heres what the Street expects, Nio says it won't join the 'price war' and slash prices like Tesla, Market may ignore recession for first time since 1945, RBC's top strategist Lori Calvasina finds, Stocks making the biggest moves midday: Alphabet, Charles Schwab, State Street, Moderna and more, Crypto stablecoins might need limits to avoid disruptions to financial stability, warns Bank of England, Some travel is 'off the charts' expensive, experts say. The naira, on Wednesday, appreciated to N737 per dollar at the parallel section of the foreign exchange (FX) market, popularly called the black market. The exchange rate used for the NGN/USD currency pair was : .002. You wont receive this rate when sending money. USD 100 Nigerian Nairas = 0.2181 US Dollars as of March 20, 2023 7:25:00 AM UTC. This is because 1 US dollar is worth 1 Nigerian naira. How much is 1,200,000.00 the one million two hundred thousand naira is worth $2,593.22 (USD) today or two thousand five hundred ninety-three us dollars 22 cents as of 09:00AM UTC. However, this rate can change quickly due to political and economic conditions in Nigeria and around the world. Our currency rankings show that the most popular Nigerian Naira exchange rate is the NGN to USD rate. Powering commercial grade rates at 300+ companies worldwide. Send money online fast, secure and easy. The U.S. dollar is the currency most used in international transactions. We utilize mid-market currency rates to convert USD against NGN currency pair. Don't forget to look at and compare exchange rates from other banks available from . The currency code for Nigerian Nairas is NGN. Check live rates, send money securely, set rate alerts, receive notifications and more. USD average: $ 0.002; minimum: $ 0.000; maximum: $ 0.002 Here are 3 ways to cut some costs, No one wants to be an accountant anymore, but a program aimed at high schoolers looks to fix the shortage, Stocks making the biggest moves premarket: Charles Schwab, Dell, Alphabet, HP Inc. & more, Should investors buy regional bank stocks? If the exchange rate is 1:2, then 2 million naira would be worth 4 million US dollars. The current exchange rate is 0.00216. Refine your property search by price, number of beds and type of property. If the exchange rate is 1:2, then 2 million naira would be worth 4 million US dollars. Enter the amount to be converted in the box to the left of Nigerian Naira. Need to know when a currency hits a specific rate? The symbol for the Nigerian Naira is The code for the American Dollar is USD; The symbol for the American Dollar is $ The Naira is divided into 100 kobo; The Dollar is divided into 100 cents; For 2023, one Nigerian Naira has equalled. EUR/USD Back Below 1.1000 as the US Dollar Picks up an Early Bid, Markets Week Ahead: S&P 500, Gold, US Dollar, Global Inflation Data, US Earnings Season. Type the amount, The Central Bank of Nigeria (CBN) is the sole issuer of legal tender money throughout the Federal Republic of Nigeria. Need to know when a currency hits a specific rate? Live tracking and notifications + flexible delivery and payment options. in Nigerian Naira is 928,999,774 (NGN). But what else can you buy with a million dollars in Nigerian naira? The cost of 1,000,000 Nigerian Naira in United States Dollars today is $2,171.36 according to the "Open Exchange Rates", compared to yesterday, the exchange rate decreased by -0.02% (by -$0.000001). Enter the values below. If the exchange rate is 2:1, then 2 million naira would be worth 2 million/2 = 1 million US dollars. Website Ex-Rate rounds to the integer, that's why you won't see the impossible results like a long number of kopecks. What to buy with 50 naira or less in Nigeria? A spot exchange rate of N466 was used . We utilize mid-market currency rates to convert NGN against USD currency pair. For two million naira you get today 4,343 dollars 86 cents. The Naira appreciated against the dollar on Thursday, exchanging for N463.25 at the investors' and exporters' window. To summarise: To maintain the same purchasing power as holding your money in US Dollars, a Naira-denominated investment in Nigeria would need to yield a return of at least 13.2% per year. 1.2 Million NGN to USD - Naira to US Dollars How much is 1,200,000.00 - the one million two hundred thousand naira is worth $2,606.20 (USD) today or two thousand six hundred six us dollars 20 cents as of 15:00PM UTC. 2 million naira would be worth 2 million US dollars if the exchange rate is 1:1. At the time Legit.ng converted it to naira, it conveyed 358 million naira. The naira (sign: ; code: NGN; Yoruba: nr, Tyap: nera) is the currency of Nigeria.One naira is divided into 100 kobo.. = 4,305.71 Wise US Inc is authorized to operate in most states. 1,000,000 Naira is approx. On this chart displays history of exchange rate for NGN/USD or (Nigerian naira / United States Dollar). Today's Value of 2,000,000 Nigerian Naira in Dollars is 4,342.73 (USD). The current exchange rate is 0.00217. Ethereum's highly-anticipated network upgrade is here. 'Ask . And the World Bank estimated that foregone oil revenues would total 5 trillion naira ($12.04 billion) this year due to the subsidy, equivalent to 30% of Nigeria's entire budget. Create a chart for any currency pair in the world to see their currency history. The currency value will be displayed in the chosen language. The U.S. dollar is under fire from rival nations. for the session stood at $62.16 million, 52.7 percent or $69. So in other words, for every 1 naira, you would get 0.50 US dollars. Assuming the current exchange rate is 1 USD to 380.50 NGN, you would need 5,263.58 USD to buy 2 million naira worth of US dollars. Create a chart for any currency pair in the world to see their currency history. The currency symbol is . 5 . Click the Convert button We utilize mid-market currency rates to convert NGN against USD currency pair. With Monisnap, there are different ways to send USD dollar: account_balance Bank transfer For the last 7 days, between 06/04/2023 and 12/04/2023, Dollar to Naira black market sell rate took values between 737 and 920 with an average of 753.45. Nairaland Forum / Entertainment / What Will You Do If Given 100 Million Naira To Spend Within A Week? The currency converter. Israel's Central Bank Outlines Scenarios for Issuing a Digital Shekel, The Biggest Crypto Bull Cycle Is Upon Us: Bernstein, Crypto Exchange Bybit Opens Global HQ in Dubai, 'Pepe the Frog' Memecoins Rocket as Crypto Twitter Moves Over Doge Obsession, Hong Kongs Banks Are Taking Lead on What e-HKD Will Look Like: Source, First Mover Asia: Bitcoin Settles In Below $29.5K as Appeal of Riskier Assets Lessens, Registration on or use of this site constitutes acceptance of our. Most banks in Nigeria have a limit of N3,000,000 as the maximum amount a savings account can hold. You can get live exchange rates between Nigerian Nairas and US Dollars using exchange-rates.org, which aggregates real-time forex data from the most authoritative sources. Every property posted on this site is verified by real estate agents . When we look at this month, USD was traded at 757 at the beginning of this April . Earlier in the week, the agency discovered around 250 million naira in cash. Abimbola Kazim, popularly known as Jigan, a well-known Nollywood actor, has vowed to sue musician Mohbad for making light of his physical impairment in a song that has not yet been released. The United States dollar is the official currency of the United States of America. Number to Currency words Converter. 1 Bedroom | 2 Bedroom | 3 Bedroom | 4 Bedroom | 5 Bedroom | 6 Bedroom | Receive daily email about the NGN USD exchange rate. It is a very big business in Nigeria as only few can afford the imported designers. The current exchange rate is 460.3400. Houses for sale Houses For Sale in Nigeria We have a total of 42,877 Houses For Sale in Nigeria as seen on 13 Apr 2023. Currency Converter X helps you convert 170+ world currencies and get the latest exchange rates. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. Nigeria has struggled with corruption and looted funds for decades, but the watchdog unit has been on a lucky streak. and get the instant result right there. The Nigerian Naira is the official currency of Nigeria. For two million nairas NGN you get today 2,000,000 = $4,763 USD dollars 16 cents at an exchange rate of 0.00238 as of 05:24 AM UTC. If you need to know how much is 2,000,000 naira to a currency of any country in the world use an online converter, which has 96 currency pairs available. The current exchange rate is 0.00217. In recent years, however, the Naira has been relatively stable . The Nigerian Naira has been historically unstable, so its value relative to the US dollar has varied greatly over time. Sponsored This Nigerian Naira and United States Dollar convertor is up to date with exchange rates from April 13, 2023. Online interactive currency converter & calculator ensures provding actual conversion information of world currencies according to Open Exchange Rates and 2 Million USD to NGN - US Dollars to Naira How much is $2,000,000.00 - the two million us dollars is worth 920,680,000.00 (NGN) today or nine hundred twenty million six hundred eighty thousand naira as of 16:00PM UTC. Explore the account used by 13 million people to live, work, travel and transfer money worldwide. The currency code for US Dollars is USD. In the other states, the program is sponsored by Community Federal Savings Bank, to which we're a service provider. Despite these challenges, Nigeria is one of the fastest-growing economies in Africa. Thus, 2 million naira would be worth the same as 2 million US dollars. provides the information in its best way. = 928,999,774.00 USD has been traded at 745 when Black Market opened this week on Monday, April 10, 2023. (1) Shoukry also made a phone call with Saudi Minister of Foreign Affairs Prince . Last Friday, Nigerian authorities discovered more than $43 million in U.S. dollars inside an apartment in Lagos along with 23.2 million naira (Nigerian currency that comes to $75,000 USD) and 27,800 ($35,000 USD) that were "neatly arranged" inside hidden cabinets. Analyser historiske valutadiagrammer eller Euro- / Euro-kurser i sanntid og f gratis varsler direkte til din e-post. The chart will help visually assess the oscillation between the NGN and the USD, and analyze the data for the last year. Social media users react to Burna Boy's alleged earnings. You have just converted two million naira to united states dollar according to the recent foreign exchange rate 0.00217193. We utilize mid-market currency rates to convert NGN against USD currency pair. However, at the time of writing, one US dollar is worth approximately 361 naira. Powering commercial grade rates at 300+ companies worldwide. Assuming you would like an article discussing the current exchange rate between Nigerian Naira and US dollars: As of July 2020, two million Nigerian Naira is equivalent to approximately 5,371.48 US dollars.