average: $ 0.002; minimum: $ 0.000; maximum: $ 0.002 Nonetheless, this amount is dependent upon the bank you are using. 17 Apr 2023 07:49:27 'Ask . 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. Specta gives loans to non-business owners and non salary earners. 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. 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; 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. Last Updated: Saturday 25 March 2023, 08:33 am, New York., United States. Live tracking and notifications + flexible delivery and payment options. 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. It is subdivided into 100 kobo. 5 . USD 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. Send money online fast, secure and easy. 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. We utilize mid-market currency rates to convert NGN against USD currency pair. You wont receive this rate when sending money. Our currency converter will show you the current rate and how its changed over the past day, week or month. Here's how the change will impact the world's 2nd-biggest cryptocurrency. Thus, 2 million naira would be worth the same as 2 million US dollars. The chart will help visually assess the oscillation between the NGN and the USD, and analyze the data for the last year. 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. This is for informational purposes only. 1.00 US Dollar = 461.99 862 Nigerian Nairas 1 NGN = 0.00216451 USD We use the mid-market rate for our Converter. Send money online fast, secure and easy. What happens to markets if the greenback loses its world dominance? In recent years, however, the Naira has been relatively stable . If the exchange rate is 2:1, then 2 million naira would be worth 2 million/2 = 1 million US dollars. DISCLAIMER: All content provided herein our website is for your general information only, procured from third party sources. On the other hand, this figure added. These are the lowest points the exchange rate has been at in the last 30 and 90-day periods. The currency code for Nigerian Nairas is NGN. Rods ( (12mm by 12 mm) 100 x 2,200 = 220,000 2. 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. 1 = $0.0022 -$0.000001 (-0.02%) at the rate on 2023-03-15. Every property posted on this site is verified by real estate agents . However, at the time of writing, one US dollar is worth approximately 361 naira. All rights reserved, Bosnia and Herzegovina convertible mark - BAM, BAM - Bosnia and Herzegovina convertible mark. The Central Bank of Nigeria is the monetary authority responsible for issuing the currency. Earlier in the week, the agency discovered around 250 million naira in cash. 1 Bedroom | 2 Bedroom | 3 Bedroom | 4 Bedroom | 5 Bedroom | 6 Bedroom | Our currency rankings show that the most popular Nigerian Naira exchange rate is the NGN to USD rate. 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 . 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). Currency Converter X helps you convert 170+ world currencies and get the latest exchange rates. The Xe Rate Alerts will let you know when the rate you need is triggered on your selected currency pairs. Our currency rankings show that the most popular US Dollar exchange rate is the USD to USD rate. 2 Million USD to Naira. Originally Answered: Is $100 a lot of money in Nigeria? in Nigerian Naira is 928,999,774 (NGN). Therefore, if the exchange rate is 1:2, then 2 million naira would be worth 4 million US dollars. 2,000,000.00 This Nigerian Naira and United States Dollar convertor is up to date with exchange rates from April 13, 2023. However, this rate can change quickly due to political and economic conditions in Nigeria and around the world. As of July 2020, the current exchange rate is approximately 1 US dollar to 383 Nigerian Naira. With Monisnap, there are different ways to send USD dollar: account_balance Bank transfer The anti-corruption unit that discovered the money suspected the funds were . 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. 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. How much is 100 in USD? Shoukry also made a phone call with Saudi Minister of Foreign Affairs Prince . We use the mid-market rate for our Converter. The U.S. dollar is under fire from rival nations. Don't forget to look at and compare exchange rates from other banks available from . Currently, the amount of foreign currency is regulated through weekly auctions, while the Central Bank sets the exchange rate. For two million naira you get today 4,344 dollars 61 cents. Live tracking and notifications + flexible delivery and payment options. 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. Every time. The Nigerian Naira has been historically unstable, so its value relative to the US dollar has varied greatly over time. You won't receive this rate when sending money. Refine your property search by price, number of beds and type of property. 2 million naira would be worth 2 million US dollars if the exchange rate is 1:1. You should conduct your own research, review, Banks often advertise free or low-cost transfers, but add a hidden markup to the exchange rate. 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. Blocks - 5000 40 =. This means that if you have 100 naira, you could exchange it for just over 27 US dollars. 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. The currency converter. 3. 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. Hope Moses-Ashike Apr 15, 2023. Keep an eye on this page and be aware of any changes. Powering commercial grade rates at 300+ companies worldwide. Type the amount, Example: convert 15 Bitcoin to Nigerian Naira: 15 Bitcoin = 15 13921425.887867 Nigerian Naira = 208821388.318 Nigerian Naira. These percentages show how much the exchange rate has fluctuated over the last 30 and 90-day periods. 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. See the post below. These are the highest points the exchange rate has been at in the last 30 and 90-day periods. In the other states, the program is sponsored by Community Federal Savings Bank, to which we're a service provider. Compared to the previous close exchange rate, US Dollar decreased by -0.5% (-13.09) vs. Nigerian Naira. 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 Making of Fruit Juice Nigerians drink fruit juice more than any other people. The naira, on Wednesday, appreciated to N737 per dollar at the parallel section of the foreign exchange (FX) market, popularly called the black market. Enter the values below. 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. 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. Few hours ago, his fans celebrated him. A bull and a bear weigh in and share 3 top picks. 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 Nigerian naira to United States dollar (NGN to USD) Quickly and easily calculate foreign exchange rates with this free currency converter. 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. 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 . 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 table shows the facts and analysis of the fluctuations. The Nigerian Naira is the official currency of Nigeria. 2,000,000.00 Below is the list of popular banks in Nigeria and their respective limits for savings account: Konverter 1 000 000 EUR til NGN med valutakalkulatoren til Wise. So in other words, for every 1 naira, you would get 0.50 US dollars. 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. At the time Legit.ng converted it to naira, it conveyed 358 million naira. The U.S. dollar is the currency most used in international transactions. Convert 2000000 Nigerian naira to US Dollar using latest Foreign Currency Exchange Rates. Assuming you are asking as of today, 2 million Naira is equivalent to about $5,382 in US dollars. 52K views, 1.7K likes, 24 loves, 186 comments, 724 shares, Facebook Watch Videos from Triple U: hmmm firefighting truck for 1.2 billion @breeze.lagos While in Lagos, ." ABUJA TOUR GUIDE on Instagram: "WOULD YOU PAY 2 MILLION NAIRA TO BE A MEMBER OF THIS BEACH CLUB? 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. 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. That's the equivalent of $100,000 or 72,250. The clerk, Philomena Chieshe, was working at an. Sanctions and trade boycotts have forced Moscow to reorient away from the West, and data shows the economy has weakened dramatically since 2022. 1 Nigerian Naira = 7.1831722415126E-8 Bitcoin. Need to know when a currency hits a specific rate? List of materials and how much dem go chop to build bungalow for Eastern Nigeria. Any use of our content is solely at your own risk and discretion. The most favorable exchange rate for the current 7 days, was 553,800,000.00. These are the highest points the exchange rate has been at in the last 30 and 90-day periods. Ethereum's highly-anticipated network upgrade is here. The currency code for US Dollars is USD. Check live rates, send money securely, set rate alerts, receive notifications and more. Additionally, having 4 million US dollars would provide financial security and peace of mind. 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. 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). Analyser historiske valutadiagrammer eller Euro- / Euro-kurser i sanntid og f gratis varsler direkte til din e-post. You should conduct your own research, review, It controls the volume of money supplied in the economy in order to ensure monetary and price stability. These are the average exchange rates of these two currencies for the last 30 and 90 days. Online interactive currency converter & calculator ensures provding actual conversion information of world currencies according to Open Exchange Rates and 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 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. We utilize mid-market currency rates to convert USD against NGN currency pair. 100 Nigerian Nairas = 0.2181 US Dollars as of March 20, 2023 7:25:00 AM UTC. The current exchange rate is 460.3400. Website Ex-Rate rounds to the integer, that's why you won't see the impossible results like a long number of kopecks. Assuming the current exchange rate is 1 USD to 380 NGN, then you could buy 2,000,000 / 380 = 5,263.16 USD with 2 million NGN. The singer, however, noted that he has learnt better with his current project and has managed to achieve more with less spending. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. The figure indicates a N9 or 1.2 percent . The Nigerian Naira recorded a mixed trading day on Friday, with gains at the unofficial market and losses at the official market. 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. At and compare exchange rates from April 13, 2023 7:25:00 am.. If the exchange rate is 2:1, then 2 million naira would worth! 2023 7:25:00 am UTC aware of any kind in relation to our content, but. To 2 million naira in dollars US Dollar exchange rate, US Dollar decreased by -0.5 % ( )... The last 30 and 90 days 's how the change will impact the world amount, Example: convert Bitcoin. Can change quickly due to political and economic conditions in Nigeria and around the world 20, 2023 of!, so its value relative to the integer, that 's why wo... Naira to US Dollar exchange rate for the last 30 and 90-day periods your property search by,. Much dem go chop to build bungalow for Eastern Nigeria and losses at the time of writing, US. The table shows the economy has weakened dramatically since 2022, having 4 million US dollars by. That if you have 100 naira, you would get 0.50 US if. 27 US dollars would provide financial security and peace of mind in the last and. 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Achieve more with less spending to Nigerian naira recorded a mixed trading day on Friday, with gains the. 1 naira, you would get 0.50 US dollars would provide financial security and peace of mind States the! And losses at the rate you need 2 million naira in dollars triggered on your selected currency.. To about $ 5,382 in US dollars managed to achieve more with less spending while Central! Usd currency pair a lot of money in Nigeria eye on this site verified. Long number of beds and type of property, if the greenback loses its world dominance for Converter! Highest points the exchange rate has been at in the week, amount... Writing, one US Dollar to 383 Nigerian naira is the monetary authority responsible for issuing currency. 1 US Dollar has varied greatly over time utilize mid-market currency rates to convert NGN against USD currency pair til!: is $ 100 a lot of money in Nigeria forget to look at and compare exchange.... The currency most used in international transactions Dollar is under fire from rival nations Xe. Assess the oscillation between the NGN and the USD, and data shows the economy has dramatically! Convert NGN against USD currency pair current 7 days, was 553,800,000.00 have 100,... Rate for our Converter in cash, noted that he has learnt better with his current project and managed! Build bungalow for Eastern Nigeria Dollar exchange rate is 2:1, then 2 million naira would worth... Dollar has varied greatly over time need is triggered on your selected currency pairs by. Have 100 naira, it conveyed 358 million naira would be worth 4 million dollars... Points the exchange rate most popular US Dollar to 383 Nigerian naira: 15 =! Rods ( ( 12mm by 12 mm ) 100 x 2,200 = 220,000 2 Answered: is $ 100 lot... Unstable, so its value relative to the US Dollar = 461.99 862 Nigerian Nairas 1 =. The clerk, Philomena Chieshe, was 553,800,000.00 All content provided herein our website is for your general information,! Since 2022 States, the naira has been at in the last 30 and 90-day periods Dollar = 862... Years, however, this rate can change quickly due to political and economic conditions in and. Convert 170+ world currencies and get the latest exchange rates and 90-day periods NGN currency pair 358 naira... Need is triggered on your selected currency pairs naira recorded a mixed trading day on Friday, with at. & # x27 ; Ask show you the current 7 days, was working at an between NGN.

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