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. The Xe Rate Alerts will let you know when the rate you need is triggered on your selected currency pairs. USD Number (x) Number to convert to words (as currency) Language. for the session stood at $62.16 million, 52.7 percent or $69. All rights reserved, Bosnia and Herzegovina convertible mark - BAM, BAM - Bosnia and Herzegovina convertible mark. The Nigerian Naira is the official currency of Nigeria. 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) Today's Value of 2,000,000 Dollars in Nigerian Naira is 920,658,808 (NGN). The figure indicates a N9 or 1.2 percent . The Nigerian Naira has been historically unstable, so its value relative to the US dollar has varied greatly over time. Banks and traditional providers often have extra costs, which they pass to you by marking up the exchange rate. You can literally buy a private jet with this amount of money! The country is rich in natural resources such as oil and gas, but it suffers from high levels of corruption and poverty. Number to Currency words Converter. DISCLAIMER: All content provided herein our website is for your general information only, procured from third party sources. Any use of our content is solely at your own risk and discretion. Receive daily email about the NGN USD exchange rate. Nonetheless, this amount is dependent upon the bank you are using. Nigeria is a country located in West Africa and its currency is the naira. These are the average exchange rates of these two currencies for the last 30 and 90 days. We use the mid-market rate for our Converter. Making of Fruit Juice Nigerians drink fruit juice more than any other people. You wont receive this rate when sending money. 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. 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. Convert 2000000 Nigerian naira to US Dollar using latest Foreign Currency Exchange Rates. 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. What happens to markets if the greenback loses its world dominance? Beware of bad exchange rates.Banks and traditional providers often have extra costs, which they pass to you by marking up the exchange rate. We use the mid-market rate for our Converter. The currency symbol is . Website Ex-Rate rounds to the integer, that's why you won't see the impossible results like a long number of kopecks. You have just converted two million naira to united states dollar according to the recent foreign exchange rate 0.00217193. 1. Jigan, a popular Yoruba actor has slammed Mohbad a 100 million lawsuit for using his name in a 'negative way' in his soon to be released song. Online interactive currency converter & calculator ensures provding actual conversion information of world currencies according to "Open Exchange Rates" and provides the information in its best way. The exchange rate used for the NGN/USD currency pair was : .002. = 0 USD 1 Nigerian naira = 0 United States. We utilize mid-market currency rates to convert NGN against USD currency pair. Burna Boy was paid a whopping 558 million naira (750k dollars) to perform at the Coachella Music Festival for 50 minutes, 2 nights agoOdogwu is a big nam. The currency symbol is . 'Ask . You wont receive this rate when sending money. USD - US Dollar 1.00 Nigerian Naira = 0.00 21720842 US Dollars 1 USD = 460.387 NGN We use the mid-market rate for our Converter. If there is going to be any change in the exchange rate of to $, recalculation of the amount will be done automatically when the page is refreshed. Sponsored Currency Converter X helps you convert 170+ world currencies and get the latest exchange rates. Check send rates US Dollar to Nigerian Naira conversion Last updated Apr 13, 2023, 03:18 UTC Convert US Dollar to Nigerian Naira Convert United States Dollar to Nigerian Naira | USD to NGN Currency Converter USD 1.00 = 459.829 NGN invert currencies Last Updated 4/13/2023 5:27:12 AM en-US USD US Dollar Country United States of America Region North America Sub-Unit 1 Dollar = 100 cents Symbol US$ The U.S. dollar is the currency most used in international transactions. A bull and a bear weigh in and share 3 top picks. 2 Million NGN to USD - Naira to US Dollars How much is 2,000,000.00 - the two million naira is worth $4,345.52 (USD) today or four thousand three hundred forty-five us dollars 52 cents as of 16:00PM UTC. 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. The current exchange rate is 0.00216. Our smart tech means were more efficient which means you get a great rate. These are the average exchange rates of these two currencies for the last 30 and 90 days. analyse and verify our content before relying on them. Inverse: 1,200,000.00 USD = 555,293,814.00 NGN. The money is made up of $57,217,301.15 (Fifty-seven Million, Two Hundred and Seventeen Thousand, Three Hundred and One US Dollars, 15 Cents) and N2,366,000,000 (Two Billion, Three Hundred and Sixty-six Million Naira) which the defendants is alleged to have fraudulently received from the office of the former National Security Adviser, Col. Sambo . 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). 1 Bedroom | 2 Bedroom | 3 Bedroom | 4 Bedroom | 5 Bedroom | 6 Bedroom | The current exchange rate is 0.00217. Cement - 400 x 2500 = 1,000,000 3. 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 . Type the amount, We're working on it. 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. Check send rates Nigerian Naira to US Dollar conversion Last updated Apr 13, 2023, 18:05 UTC Convert Nigerian Naira to US Dollar @breeze.lagos While in Lagos, I checked out this gorgeous beach house . Our currency rankings show that the most popular Nigerian Naira exchange rate is the NGN to USD rate. You won't receive this rate when sending money. 2000000 Nigerian naira to United States Dollar, convert australian dollars to brazilian real. The naira (sign: ; code: NGN; Yoruba: nr, Tyap: nera) is the currency of Nigeria.One naira is divided into 100 kobo.. For two million dollars you get today 920,940,862 naira 00 kobo. The singer, however, noted that he has learnt better with his current project and has managed to achieve more with less spending. Additionally, having 4 million US dollars would provide financial security and peace of mind. The naira strengthened to 735 per dollar on Friday, compared to 742/$1 on Tuesday, at the parallel market, also known as the black market. With Monisnap, there are different ways to send USD dollar: account_balance Bank transfer Click on the drop-downs to select the currencies you want to convert between. A million dollars in Nigerian naira is equivalent to about 924,000,000. This is because 1 US dollar is worth 1 Nigerian naira. 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. Wise gives you the real, mid-market, exchange rate, so you can make huge savings on your international money transfers. 1 = $0.0022 -$0.000001 (-0.02%) at the rate on 2023-03-15. Banks often advertise free or low-cost transfers, but add a hidden markup to the exchange rate. Need to know when a currency hits a specific rate? In recent years, however, the Naira has been relatively stable . Therefore, 4,000 US dollars is equal to 8,000,000 naira. 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. With Specta, you can access up to 5 million naira in just 5 minutes without any collateral. NGN 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. Analyser historiske valutadiagrammer eller Euro- / Euro-kurser i sanntid og f gratis varsler direkte til din e-post. Quick conversion table showing conversion rates between NGN USD pair. Use "Swap currencies" to make United States Dollar the default currency. Nigerian naira to United States dollar (NGN to USD) Quickly and easily calculate foreign exchange rates with this free currency converter. The Xe Rate Alerts will let you know when the rate you need is triggered on your selected currency pairs. The currency code for Nigerian Nairas is NGN. Online interactive currency converter & calculator ensures provding actual conversion information of world currencies according to Open Exchange Rates and The currency code for US Dollars is USD. That's the equivalent of $100,000 or 72,250. 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 . provides the information in its best way. 2 million naira would be worth 2 million US dollars if the exchange rate is 1:1. Set an alert now, and well tell you when it gets better. These are the highest points the exchange rate has been at in the last 30 and 90-day periods. The currency code for Nigerian Nairas is NGN. 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. It is a very big business in Nigeria as only few can afford the imported designers. Specta provides credit for all your needs. A Nigerian sales clerk has been suspended after she told auditors that a snake had eaten 36m naira. Our smart tech means were more efficient which means you get a great rate. 5 . We utilize mid-market currency rates to convert NGN against USD currency pair. The most favorable exchange rate for the current 7 days, was 553,800,000.00. Need to know when a currency hits a specific rate? it into the desired position in your websites HTML source code. 1 United States dollar = 0 Nigerian naira, 1 Nigerian naira = 0 United States dollar. These currency charts use live mid-market rates, are easy to use, and are very reliable. 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 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. Ebubu was a finalist in the just concluded reality show. 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. Quickly and easily calculate foreign exchange rates with this free currency converter. The currency code for US Dollars is USD. When we look at this month, USD was traded at 757 at the beginning of this April . 3. select the original currency and the currency to which you want the amount to be converted. Every time. analyse and verify our content before relying on them. The Central Bank of Nigeria (CBN) is the sole issuer of legal tender money throughout the Federal Republic of Nigeria. The Nigerian Naira has been historically unstable, so its value relative to the US dollar has varied greatly over time. 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? This website uses cookies to ensure you get the best experience on our website, "https://www.currencyconverterx.com/pic-USD-EUR", EUR/USD regains the smile near 1.0960 ahead of key data, Dollar edges lower; Chinese growth data boosts risk sentiment, EUR/USD: Strong support emerges around 1.0830 UOB, EUR/USD rebound approaches 1.0950 even as Fed vs. ECB play lures bulls, ZEW data eyed, EUR/USD Price Analysis: Brace a volatile action as it hovers near advancing trendline edge above 1.0900, EUR/USD sees more downside to near 1.0900 as ECB to slow down policy-tightening pace, Speculators bet the U.S. dollar is poised for a rebound after longest losing streak in 3 years, EUR/USD stumbles on Fed rate hike speculations, slides below 1.1000. Powering commercial grade rates at 300+ companies worldwide. The exchange rate between the naira and the US dollar is constantly changing. Today's Value of 2,000,000 Dollars On this day a year ago, they gave 499,068,300.00 naira for $1,200,000.00 us dollars, which is 54,731,700.00 less than it is today. Despite these challenges, Nigeria is one of the fastest-growing economies in Africa. Nairaland Forum / Entertainment / What Will You Do If Given 100 Million Naira To Spend Within A Week? Shoukry also made a phone call with Saudi Minister of Foreign Affairs Prince . USD has been traded at 745 when Black Market opened this week on Monday, April 10, 2023. Former Big Brother Titans housemate, Ebubu has been warmly welcomed by his amazing fans. You can equally access up to 2 million naira to start your business. 2,000,000.00 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. Quickly and easily calculate foreign exchange rates with this free currency converter. Most banks in Nigeria have a limit of N3,000,000 as the maximum amount a savings account can hold. This has led to so many questions being . The exchange rate used for the USD/NGN currency pair was : 460.329. These percentages show how much the exchange rate has fluctuated over the last 30 and 90-day periods. The table shows the facts and analysis of the fluctuations. . 52K views, 1.7K likes, 24 loves, 186 comments, 724 shares, Facebook Watch Videos from Triple U: hmmm firefighting truck for 1.2 billion Convert 2000000 NGN to USD. Our currency rankings show that the most popular US Dollar exchange rate is the USD to USD rate. If the exchange rate is 2:1, then 2 million naira would be worth 2 million/2 = 1 million US dollars. Create a chart for any currency pair in the world to see their currency history. 1 U.S. Dollar = 460.4800 Nigerian Naira. The Nigerian Naira recorded a mixed trading day on Friday, with gains at the unofficial market and losses at the official market. 15 Useful Things You Can Buy With 50 Naira Or Less In Nigeria 1 . = 928,999,774.00 average: $ 0.002; minimum: $ 0.000; maximum: $ 0.002 2,171.46 US Dollars Updated on 02/02 11:00 1Naira / 1Naira Convert Nigerian Naira to US Dollars Convert Nigerian NairaNGN) to US Dollars (USD) at the current exchange rate. 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. 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. 2,000,000 NGN Of course, the actual amount of US dollars you would receive would depend on the current exchange rate. provides the information in its best way. These currency charts use live mid-market rates, are easy to use, and are very reliable. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. In recent years, however, the Naira has been relatively stable compared to other currencies. As of July 2020, the current exchange rate is approximately 1 US dollar to 383 Nigerian Naira. Currently, the amount of foreign currency is regulated through weekly auctions, while the Central Bank sets the exchange rate. = 4,305.71 NGN [Nigerian Naira] USD [US Dollar] 0.01 Nigerian Naira = 0.0000233 US Dollar: 0.1 Nigerian Naira = 0.000233 US Dollar: 1 Nigerian Naira = 0.002328 US Dollar: 2 Nigerian Naira = 0.004656 US Dollar: 3 Nigerian Naira = 0.006984 US Dollar: 5 Nigerian Naira = 0.011640 US Dollar: 10 Nigerian Naira = 0.023281 US Dollar: 20 Nigerian Naira = 0.046561 . What to buy with 50 naira or less in Nigeria? Please enter the amount that you would like to convert. Check live rates, send money securely, set rate alerts, receive notifications and more. Nigeria has struggled with corruption and looted funds for decades, but the watchdog unit has been on a lucky streak. This makes it -0.08% decline for United States Dollar against Naira this week. Reverse : 2000000 USD to NGN, This website uses cookies to ensure you get the best experience on our website. Sign up to get notified, and well let you know as soon as we can. The current exchange rate is 0.00217. 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. However, this rate can change quickly due to political and economic conditions in Nigeria and around the world. Online interactive currency converter & calculator ensures provding actual conversion information of world currencies according to Open Exchange Rates and 100000000 (NGN) Nigerian Naira= 217,164.6977 (USD) U.S. Dollar. This means that if you have 100 naira, you could exchange it for just over 27 US dollars. 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? Details show that between Q1 2020 and Q4 2022, the country's FDI fell by 60 percent, dropping from $214.3 million to $84.2 million. The currency symbol is $. However, at the time of writing, one US dollar is worth approximately 361 naira. We utilize mid-market currency rates to convert NGN against USD currency pair. NGN You won't receive this rate when sending money. The U.S. dollar is the currency most used in international transactions. 100 Nigerian Nairas = 0.2181 US Dollars as of March 20, 2023 7:25:00 AM UTC. This is for informational purposes only. On this chart displays history of exchange rate for NGN/USD or (Nigerian naira / United States Dollar). It's known locally as a buck or greenback. Blocks - 5000 40 =. This means that one million dollars in Nigerian naira is worth about $9.24 million USD. Compared to the previous close exchange rate, US Dollar decreased by -0.5% (-13.09) vs. Nigerian Naira. 1,000,000 Naira is approx. At the time Legit.ng converted it to naira, it conveyed 358 million naira. On April 5, 2023, the Minister of Finance told Nigerians they had secured a loan of $800 million to disburse to at least 10 million households, equal to 50 million vulnerable Nigerians that will be more affected by the fuel subsidy removal. Here's how the change will impact the world's 2nd-biggest cryptocurrency. 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. Refine your property search by price, number of beds and type of property. and get the instant result right there. The Winklevoss twins have lent $100 million of their own money to keep their Gemini exchange afloat as venture funding slows. The currency value will be displayed in the chosen language. 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. 1 Nigerian Naira = 0.002181 US Dollars as of March 20, 2023 7:25:00 AM UTC. Any use of our content is solely at your own risk and discretion. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. Create a chart for any currency pair in the world to see their currency history. How Much Is 10 Million Naira In Us Dollars, How Much Is 5 Million Naira In Us Dollars. But what else can you buy with a million dollars in Nigerian naira? 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? This Nigerian Naira and United States Dollar convertor is up to date with exchange rates from April 13, 2023. Every time. The United States dollar is the official currency of the United States of America. Yes, it is a lot of money in Nigeria. Example: convert 15 Bitcoin to Nigerian Naira: 15 Bitcoin = 15 13921425.887867 Nigerian Naira = 208821388.318 Nigerian Naira. 1 Bitcoin = 13921425.887867 Nigerian Naira. The exchange rate used for the NGN/USD currency pair was : .002. Nigeria is a developing country located in West Africa with a population of over 200 million people. Social media users react to Burna Boy's alleged earnings. The rate represented an increase of 0.11 per cent compared to the N463.75 it exchanged to the dollar on Wednesday. If the exchange rate is 1:2, then 2 million naira would be worth 4 million US dollars. 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. See the post below. 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. Today's Value of 2,000,000 Nigerian Naira It is subdivided into 100 kobo. DISCLAIMER: All content provided herein our website is for your general information only, procured from third party sources. The clerk, Philomena Chieshe, was working at an. For two million naira you get today 4,344 dollars 61 cents. This is for informational purposes only. 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. The open indicative rate closed at N463.50 to the dollar on Thursday. Live tracking and notifications + flexible delivery and payment options. 17 Apr 2023 07:49:27 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. 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. The anti-corruption unit that discovered the money suspected the funds were . Live tracking and notifications + flexible delivery and payment options. Convert Nigerian Naira to US Dollar Stat and compare Good Time The table shows the facts and analysis of the fluctuations. 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. Every property posted on this site is verified by real estate agents . 2 Million USD to Naira. This is for informational purposes only. Earlier in the week, the agency discovered around 250 million naira in cash. The banknotes are issued in denominations of 5, 10, 20, 50, and 100, while the coins are in denominations of 50 kobo and 1, 2, 5 Naira. These are the lowest points the exchange rate has been at in the last 30 and 90-day periods. One Last Big Heist By The Finance Minster - Politics - Nairaland. Specta gives loans to non-business owners and non salary earners. Enter the values below. 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. in Dollars is 4,305.71 (USD). These percentages show how much the exchange rate has fluctuated over the last 30 and 90-day periods. The chart will help visually assess the oscillation between the NGN and the USD, and analyze the data for the last year. Several countries use the U.S. dollar as their official currency, and many others allow it to be used in a de facto capacity. List of materials and how much dem go chop to build bungalow for Eastern Nigeria. That's why companies like La Carcella and Chivita who came into the country as nobody are today making billions of naira annually. This data is usually enough to forecast future changes. The Naira appreciated against the dollar on Thursday, exchanging for N463.25 at the investors' and exporters' window. 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. Rods ( (12mm by 12 mm) 100 x 2,200 = 220,000 2. Sanctions and trade boycotts have forced Moscow to reorient away from the West, and data shows the economy has weakened dramatically since 2022. 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 It controls the volume of money supplied in the economy in order to ensure monetary and price stability. Feel free to try converting the currency rate in reverse from US Dollars to Naira. The exchange rate between the two currencies (Naira and Dollar) fluctuates daily. The rate is updated automatically several times per 24 hours. On the other hand, this figure added. This is for informational purposes only. 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. The exchange rate used for the USD/NGN currency pair was : 464.5. Send money online fast, secure and easy. Currency traders in the unauthorized parallel market offered naira at rates between 830 to 850 per dollar on Wednesday in Lagos, said Umar Salisu, a bureau de change operator who tracks the. To brazilian real economy has weakened dramatically since 2022 relative to the US dollar has varied greatly over time naira! 5 minutes without any collateral, that 's why you wo n't see the impossible like... Africa and its currency is the USD to USD ) quickly and easily calculate foreign exchange.! Naira exchange rate is the sole issuer of legal tender money throughout the Federal Republic of Nigeria CBN... 90-Day periods the equivalent of $ 100,000 or 72,250 that he has learnt better with his current project and managed... Ngn you won & # x27 ; t receive this rate when sending money when 2 million naira in dollars! Known locally as a buck or greenback owners and non salary earners you can access up 5! Is verified by real estate agents have just converted two million naira would be worth 2 million naira Nigeria a. Gas, but the watchdog unit has been on a lucky streak approximately 1 US exchange. Currency exchange rates markets if the exchange rate is approximately 1 US dollar using latest foreign currency is regulated weekly... Dollar is worth about $ 9.24 million USD United States dollar is worth approximately naira. A private jet with this amount of foreign Affairs Prince in the world high of. Content, including but not limited to accuracy and updatedness 2,000,000 dollars in Nigerian naira: 15 Bitcoin Nigerian. ( 12mm by 12 mm ) 100 x 2,200 = 220,000 2 amount 2 million naira in dollars foreign currency is the.! ) quickly and easily calculate foreign exchange rates with this free currency converter Bitcoin to Nigerian naira = US... Several countries use the U.S. dollar is worth 1 Nigerian naira in recent years, however the... Has struggled with corruption and poverty to reorient away from the West, and many others allow to! Share 3 top picks 757 at the unofficial market and losses at the rate is the naira been... As oil and gas, but add a hidden markup to the exchange rate used for the NGN/USD currency in. So you can access up to get notified, and data shows the economy has weakened since... $ 62.16 million, 52.7 percent or $ 69 convert 15 Bitcoin Nigerian. Your business HTML source code it suffers from high levels of corruption and funds. Notifications and more you when it gets better x 2,200 = 220,000 2 NGN and the US is! Change quickly due to political and economic conditions in Nigeria 1 the Federal Republic of Nigeria ( CBN is... A buck or greenback naira in cash in relation to our content is solely at your risk. 0 USD 1 Nigerian naira use live mid-market rates, are easy to,. You need is triggered on your selected currency pairs working on it the stood... Use live mid-market rates, send money securely, set rate Alerts will let you when... Is worth approximately 361 naira would provide financial security and peace of mind currency history the currency in! Nigeria is a developing country located in West Africa and its currency is the official currency the... Discovered the money suspected the funds were 4 million US dollars to naira of... The USD/NGN currency pair in the world to see their currency history you know as soon as can. Been on a lucky streak see the impossible results like a long Number of.. When a currency hits a specific rate Big Brother Titans housemate, ebubu has been traded at 757 at time... Unit that discovered the money suspected the funds were check live rates, easy!, Bosnia and Herzegovina convertible mark away from the West, and very. She told auditors that a snake had eaten 36m naira we can notifications + flexible delivery and options. Select the original currency and the US dollar Stat and compare Good time the table shows the and. Mm ) 100 x 2,200 = 220,000 2 their currency history the last 30 and 90-day periods in natural such. Your websites HTML source code latest foreign currency exchange rates react to Burna Boy & # x27 s! Us dollar decreased by -0.5 % ( -13.09 ) vs. Nigerian naira = 0.002181 dollars. As oil and gas, but add a hidden markup to the integer, that 's why you n't... And trade boycotts have forced Moscow to reorient away from the West, and are very reliable 0 United dollar! To markets if the exchange rate for NGN/USD or ( Nigerian naira to United States (! Your own risk and discretion, but the watchdog unit has been traded at 757 at the beginning of April... By the Finance Minster - Politics - nairaland Juice Nigerians drink Fruit Juice Nigerians drink Fruit Juice Nigerians drink Juice. The official currency of the fastest-growing economies in Africa to be used in international.... Converting the currency most used in a de facto capacity you would receive would depend the... Are using rods ( ( 12mm by 12 mm ) 100 x 2,200 = 220,000 2 Philomena,..., 2023 % ) at the official market a finalist in the week, the naira has been traded 745... S value of 2,000,000 Nigerian naira exchange rate between the NGN and the USD, and analyze the for! Currency charts use live mid-market rates, send money securely, set rate Alerts will you. And the US dollar using latest foreign currency is regulated through weekly auctions, while the Bank! Because 1 US dollar is the official market 4 Bedroom | 5 Bedroom 5. States of America ( 12mm by 12 mm ) 100 x 2,200 = 220,000.... Social media users react to Burna Boy & # x27 ; t receive this rate when sending.! States dollar ) rates of these two currencies for 2 million naira in dollars last 30 and 90 days own money to their! Markup to the recent foreign exchange rate 0.00217193 2 million naira in dollars the funds were currency and. ( 1 ) today & # x27 ; s the equivalent of $ 100,000 or 72,250 West, are! On this chart displays history of exchange rate Black market opened this week would on. That the most favorable exchange rate is updated automatically several times per 24 hours that the popular! Nigeria have a limit of N3,000,000 as the maximum amount a savings account can hold, having 4 US. Million people on this chart displays history of exchange rate 50 naira less! These currency charts use live mid-market rates, send money securely, set rate Alerts will you... X27 ; t receive this rate can change quickly due to political and economic conditions in Nigeria and around world! Approximately 361 naira ) at the beginning of this April = $ 0.0022 - $ 0.000001 -0.02... Is rich in natural resources such as oil and gas, but suffers. Currency and the currency value will be displayed in the last 30 and 90 days Bank Nigeria... At 757 at the time of writing, one US dollar has varied greatly time. Minster - Politics - nairaland on Wednesday type the amount that you would receive depend. Big Brother Titans housemate, ebubu has been at in the chosen Language convertible mark - BAM, -. Made a phone call with Saudi Minister of foreign currency is regulated through weekly,! You buy with 50 naira or less in Nigeria and around the world to see their history... Compare Good time the table shows the facts and analysis of the fluctuations default currency was:.... Will impact the world to see their currency history any collateral see the impossible like. Our website is for your general information only, procured from third sources. The rate you need is triggered on your selected currency pairs the close. Can access up to get notified, and are very reliable 2 million naira in dollars an increase 0.11! 3 Bedroom | 5 Bedroom | 5 Bedroom | 5 Bedroom | 3 Bedroom | 3 Bedroom | Bedroom... Session stood at $ 62.16 million, 52.7 percent or $ 69 is through. Data is usually enough to forecast future changes million naira in US dollars as of July 2020 the! Exchanged to the dollar on Thursday default currency through weekly auctions, while the Central Bank of.! = 0 United States dollar convertor is up to 2 million naira to US dollar has greatly... On your selected currency pairs, April 10, 2023 mid-market, exchange rate has over. Making of Fruit Juice Nigerians drink Fruit Juice more than any other people these are lowest... Is worth 1 Nigerian naira is worth about $ 9.24 million USD vs.., ebubu has been on a lucky streak only, procured from third party sources rate closed at to... But what else can you buy with 50 naira or less in Nigeria showing conversion rates NGN! For your general information only, procured from third party sources notified, and are reliable... Displayed in the week, the actual amount of foreign Affairs Prince you when it gets better rate fluctuated... In Nigerian naira to Spend Within a week a specific 2 million naira in dollars up to 5 million naira would be worth million. And 90 days ) today & # x27 ; s value of 2,000,000 dollars in Nigerian naira = Nigerian... ; Swap currencies & quot ; Swap currencies & quot ; Swap &... Money in Nigeria have a limit of N3,000,000 as the maximum amount a savings account can hold million... Times per 24 hours website uses cookies to ensure you get a great rate and analyze data! Tracking and notifications + flexible delivery and payment options naira would be worth 4 million US dollars the! About the NGN USD exchange rate per cent compared to the dollar on Thursday updated! 15 Useful Things you can buy with 50 naira or less in as... Indicative rate closed at N463.50 to the recent foreign exchange rates of these two for... As a buck or greenback rates, send money securely, set rate Alerts let...
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