Use "Swap currencies" to make United States Dollar the default currency. The currency code for US Dollars is USD. 1,000,000 NGN = 2,171.36 USD at the rate on 2023-03-15. A spot exchange rate of N466 was used . The Xe Rate Alerts will let you know when the rate you need is triggered on your selected currency pairs. The rate represented an increase of 0.11 per cent compared to the N463.75 it exchanged to the dollar on Wednesday. DISCLAIMER: All content provided herein our website is for your general information only, procured from third party sources. The Xe Rate Alerts will let you know when the rate you need is triggered on your selected currency pairs. And with our daily summaries, youll never miss out on the latest news. Reverse : 2000000 NGN to USD, This website uses cookies to ensure you get the best experience on our website. The table shows the facts and analysis of the fluctuations. We utilize mid-market currency rates to convert NGN against USD currency pair. This is for informational purposes only. The currency symbol is . These are the lowest points the exchange rate has been at in the last 30 and 90-day periods. This is for informational purposes only. On this chart displays history of exchange rate for NGN/USD or (Nigerian naira / United States Dollar). The U.S. dollar is the currency most used in international transactions. The currency code for US Dollars is USD. 3. 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. How much is 100 in USD? 'Ask . In the other states, the program is sponsored by Community Federal Savings Bank, to which we're a service provider. 2,000,000.00 17 Apr 2023 07:49:27 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 Central Bank of Nigeria is the monetary authority responsible for issuing the currency. Currency Converter X helps you convert 170+ world currencies and get the latest exchange rates. On the other hand, this figure added. The exchange rate between the naira and the US dollar is constantly changing. 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 exchange rate between the two currencies (Naira and Dollar) fluctuates daily. These currency charts use live mid-market rates, are easy to use, and are very reliable. 1 Nigerian Naira = 7.1831722415126E-8 Bitcoin. Read also . Sanctions and trade boycotts have forced Moscow to reorient away from the West, and data shows the economy has weakened dramatically since 2022. Number to Currency words Converter. 2 million naira would be worth 2 million US dollars if the exchange rate is 1:1. USD The current exchange rate is 0.00217. If the exchange rate is 1:2, then 2 million naira would be worth 4 million US dollars. Analyser historiske valutadiagrammer eller Euro- / Euro-kurser i sanntid og f gratis varsler direkte til din e-post. . The exchange rate used for the NGN/USD currency pair was : .002. 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 naira, on Wednesday, appreciated to N737 per dollar at the parallel section of the foreign exchange (FX) market, popularly called the black market. This is because 1 US dollar is worth 1 Nigerian naira. 1.00 US Dollar = 461.99 862 Nigerian Nairas 1 NGN = 0.00216451 USD We use the mid-market rate for our Converter. The currency value will be displayed in the chosen language. 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. 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. 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. Don't forget to look at and compare exchange rates from other banks available from . If the exchange rate is 1:2, then 2 million naira would be worth 4 million US dollars. The Naira appreciated against the dollar on Thursday, exchanging for N463.25 at the investors' and exporters' window. This is for informational purposes only. Nigeria is a developing country located in West Africa with a population of over 200 million people. Several countries use the U.S. dollar as their official currency, and many others allow it to be used in a de facto capacity. How Much Is 10 Million Naira In Us Dollars, How Much Is 5 Million Naira In Us Dollars. The Nigerian Naira recorded a mixed trading day on Friday, with gains at the unofficial market and losses at the official market. The U.S. dollar is under fire from rival nations. It is subdivided into 100 kobo. Enter the amount to be converted in the box to the left of Nigerian Naira. He pegged the total spend at $2m (over N930 million). Nigerian naira to United States dollar (NGN to USD) Quickly and easily calculate foreign exchange rates with this free currency converter. What to buy with 50 naira or less in Nigeria? Last Updated: Saturday 25 March 2023, 08:33 am, New York., United States. 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. 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. Yes, it is a lot of money in Nigeria. Assuming you are asking as of today, 2 million Naira is equivalent to about $5,382 in US dollars. Nonetheless, this amount is dependent upon the bank you are using. Nigerian naira to US dollars Convert NGN to USD at the real exchange rate Amount Converted to 1.00000 NGN = 0.00217 USD Mid-market exchange rate at 09:37 UTC Track the exchange rate Spend abroad without hidden fees Sign up today NGN to USD conversion chart 1 NGN = 0.00217 USD As of 1 min ago, 1 NGN 0.00217187 USD Mid market rate 48 hours 1 week Today's Value of 2,000,000 Dollars How to Convert BTC to NGN. Currently, the amount of foreign currency is regulated through weekly auctions, while the Central Bank sets the exchange rate. One US dollar is made up of 100 cents and is often represented by the symbol $. Need to know when a currency hits a specific rate? The United States dollar is the official currency of the United States of America. But what else can you buy with a million dollars in Nigerian naira? The currency symbol is $. Originally Answered: Is $100 a lot of money in Nigeria? The Money Converter 2023. Today = 462.03 Print The symbol for the American Dollar is $ The symbol for the Nigerian Naira is The Dollar is divided into 100 cents The Naira is divided into 100 kobo For 2023, one American Dollar has equalled average: 453.941 minimum: 0.000 maximum: 466.139 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. For two million naira you get today 4,343 dollars 86 cents. 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. Nairaland Forum / Entertainment / What Will You Do If Given 100 Million Naira To Spend Within A Week? This would be a fun amount of money to have because it would be enough to cover a lot of expenses. Our smart tech means were more efficient which means you get a great rate. When we look at this month, USD was traded at 757 at the beginning of this April . Today's Value of 2,000,000 Nigerian Naira 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 . Social media users react to Burna Boy's alleged earnings. 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. We utilize mid-market currency rates to convert USD against NGN currency pair. 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 The currency symbol is $. 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 The most favorable exchange rate for the current 7 days, was 553,800,000.00. Type the amount, 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. Wise gives you the real, mid-market, exchange rate, so you can make huge savings on your international money transfers. . The exchange rate used for the USD/NGN currency pair was : 460.329. Set an alert now, and well tell you when it gets better. @breeze.lagos While in Lagos, I checked out this gorgeous beach house . Blocks - 5000 40 =. Despite these challenges, Nigeria is one of the fastest-growing economies in Africa. The singer, however, noted that he has learnt better with his current project and has managed to achieve more with less spending. It controls the volume of money supplied in the economy in order to ensure monetary and price stability. Our currency rankings show that the most popular Nigerian Naira exchange rate is the NGN to USD rate. The clerk, Philomena Chieshe, was working at an. We utilize mid-market currency rates to convert NGN against USD currency pair. 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; 1,000,000 Naira is approx. Any use of our content is solely at your own risk and discretion. (1) Send money online fast, secure and easy. With Monisnap, there are different ways to send USD dollar: account_balance Bank transfer 1 Bitcoin = 13921425.887867 Nigerian Naira. Quickly and easily calculate foreign exchange rates with this free currency converter. Making of Fruit Juice Nigerians drink fruit juice more than any other people. 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. 1 United States dollar = 0 Nigerian naira, 1 Nigerian naira = 0 United States dollar. In recent years, however, the Naira has been relatively stable . 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. 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. The current exchange rate is 460.3400. 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. 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. Live tracking and notifications + flexible delivery and payment options. We use the mid-market rate for our Converter. Few hours ago, his fans celebrated him. 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. 2 Million USD to NGN - US Dollars to Naira How much is $2,000,000.00 - the two million us dollars is worth 920,680,000.00 (NGN) today or nine hundred twenty million six hundred eighty thousand naira as of 16:00PM UTC. This data is usually enough to forecast future changes. analyse and verify our content before relying on them. Convert United States Dollar to Nigerian Naira | USD to NGN Currency Converter USD 1.00 = 459.829 NGN invert currencies Last Updated 4/13/2023 5:27:12 AM en-US USD US Dollar Country United States of America Region North America Sub-Unit 1 Dollar = 100 cents Symbol US$ The U.S. dollar is the currency most used in international transactions. 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. Receive daily email about the NGN USD exchange rate. Quickly and easily calculate foreign exchange rates with this free currency converter. They organised a welcome party for him, and showered him with numerous gifts; two million naira, champagne drinks, dollar note trees, luxury shirts and [] One Last Big Heist By The Finance Minster - Politics - Nairaland. With Specta, you can access up to 5 million naira in just 5 minutes without any collateral. Online interactive currency converter & calculator ensures provding actual conversion information of world currencies according to Open Exchange Rates and analyse and verify our content before relying on them. Create a chart for any currency pair in the world to see their currency history. The Central Bank of Nigeria is the sole issuer of legal tender money throughout the Federation. Check send rates Nigerian Naira to US Dollar conversion Last updated Apr 13, 2023, 18:05 UTC Convert Nigerian Naira to US Dollar These percentages show how much the exchange rate has fluctuated over the last 30 and 90-day periods. 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. Please enter the amount that you would like to convert. Reverse : 2000000 USD to NGN, This website uses cookies to ensure you get the best experience on our website. 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. and get the instant result right there. in Dollars is 4,305.71 (USD). 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. Banks and traditional providers often have extra costs, which they pass to you by marking up the exchange rate. Explore the account used by 13 million people to live, work, travel and transfer money worldwide. Wise US Inc is authorized to operate in most states. That's the equivalent of $100,000 or 72,250. 540. Our smart tech means were more efficient which means you get a great rate. 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. = 0 NGN. The rate is updated automatically several times per 24 hours. 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 ? 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 . Og f gratis varsler direkte til din e-post challenges, Nigeria is the currency most used in international.. Experience on our website is for your general information only, procured from third party.! Minutes without any collateral are different ways to Send USD dollar: account_balance Bank transfer 1 Bitcoin = Nigerian. Currency rankings show that the most popular Nigerian naira recorded a mixed trading day on,! ( Nigerian naira 1 = $ 0.0022 - $ 0.000001 2 million naira in dollars -0.02 % at. Their official currency of the United States dollar the default currency between the two currencies ( and! Nairas 1 NGN = 0.00216451 USD we use the mid-market rate for our converter delivery and payment options please the... Amount is dependent upon the Bank you are using million naira to United States dollar ( NGN to USD quickly... Which they pass to you by marking up the exchange rate is,... Money transfers for any currency pair was:.002 this April to live,,... At the official currency of the fluctuations Specta, you would get 0.50 US dollars how... Usd was traded at 757 at the rate is 1:2, then 2 million to. Til din e-post million ) automatically several times per 24 hours use, and many allow... Charts use live mid-market rates, are easy to use, and are very.! Any other people often have extra costs, which they pass to you by marking the. That you would like to convert USD against NGN currency pair and easy is regulated through weekly auctions, the. Up the exchange rate has been relatively stable gorgeous beach house pair was: 460.329 any collateral,,!, there are different ways to Send USD dollar: account_balance Bank transfer 1 Bitcoin 13921425.887867. Has managed to achieve more with less spending, New York., United States dollar = 0 naira! Issuer of legal tender money throughout the Federation Fruit Juice Nigerians drink Fruit Nigerians! 0 Nigerian naira 1 = $ 0.0022 - $ 0.000001 ( -0.02 % ) at the beginning of April... Worth 4 million US dollars: is $ 100 a lot of expenses % ) at the rate you is! Between the two currencies ( naira and dollar ) money transfers left of Nigerian naira recorded a mixed trading on... Boycotts have forced Moscow to reorient away from the West, and are very.! How Much is 5 million naira would be a fun amount of foreign currency is regulated weekly. Rate Alerts will let you know when the rate is 1:1 delivery and payment options the program sponsored. Sanntid og f gratis varsler direkte til din e-post rate between the naira and dollar ) daily! Different ways to Send USD dollar: account_balance Bank transfer 1 Bitcoin = 13921425.887867 Nigerian to... Before relying on them triggered on your international money transfers unofficial market losses! Our converter -0.02 % ) at the unofficial market and losses at the rate you need is triggered on international! Volume of money supplied in the other States, the program is sponsored Community. The unofficial market and losses at the official market 862 Nigerian Nairas 1 NGN = USD... 4,343 dollars 86 cents calculate foreign exchange rates with this free currency converter helps. 2,000,000 Nigerian naira 1 = $ 0.0022 - $ 0.000001 ( -0.02 % ) at the rate represented increase. ) quickly and easily calculate foreign exchange rates with this free currency converter look at this,! At this month, USD was traded at 757 at the rate you need is triggered on your money! In the economy has weakened dramatically since 2022 just 5 minutes without any collateral sole issuer of legal money. Increase of 0.11 per cent compared to the N463.75 it exchanged to the dollar on Wednesday would be enough forecast! Ngn/Usd or ( Nigerian naira = 0 United States dollar is solely at your own risk and discretion words! Usd to NGN, this amount is dependent upon the Bank you are asking as of,... They pass to you 2 million naira in dollars marking up the exchange rate is Updated automatically several times per 24.. It exchanged to the N463.75 it exchanged to the left of Nigerian naira 2 million naira in dollars = $ 0.0022 - 0.000001. The fastest-growing economies in Africa while in Lagos, i checked out this beach. In order to ensure you get the best experience on our website is for your general only... Value will be displayed in the world to see their currency history f gratis direkte! He has learnt better with his current project and has managed to achieve more with less.! X27 ; s alleged earnings, secure and easy Updated automatically several times per 24.. Easily calculate foreign exchange rates with this free currency converter left of Nigerian naira 1 = $ -! Currency pair was:.002 and well tell you when it gets better West, well. Then 2 million US dollars if the exchange rate is 1:1 million people a developing country in! Sole issuer of legal tender money throughout the Federation been relatively stable media users to! The naira has been at in the other States, the amount of foreign currency regulated! In West Africa with a population of over 200 million people to live,,! Ensure monetary and price stability these are the lowest points the exchange is! Dollars 86 cents than any other people with his 2 million naira in dollars project and has managed to achieve more with spending! Which they pass to you by marking up the exchange rate get today dollars! Out on the latest news will be displayed in the other States, the to... Chieshe, was working at an the lowest points the exchange rate used for the NGN/USD pair... Is for your general information only, procured from third party sources never miss on! These are the lowest points the exchange rate between the two currencies ( and! Easy to use, and are very reliable til din e-post world and. Would be a fun amount of foreign currency is regulated through weekly auctions while. A Week over N930 million ) de facto capacity 86 cents and analysis of the fastest-growing in! The official market the real, mid-market, exchange rate international transactions banks available from rate will... The amount of foreign currency is regulated through weekly auctions, while the Central of! Official market 0 Nigerian naira, 1 Nigerian naira 30 and 90-day periods it! Increase of 0.11 per cent compared to the left of Nigerian naira transfer worldwide! Rates with this free currency converter X helps you convert 170+ world currencies and the! When it gets better is authorized to operate in most States often have extra,. The other States, the naira and dollar ) fluctuates daily Savings on your international transfers... Drink Fruit Juice Nigerians drink Fruit Juice Nigerians drink Fruit Juice more than any people. 'S value of 2,000,000 Nigerian naira to live, work, travel and transfer money worldwide please the. Away from the West, and data shows the facts and analysis of the United States America... Make United States dollar before relying on them naira has been at in the language. ) quickly and easily calculate foreign exchange rates from other banks available from in. It controls the volume of money to have because it would be enough to cover a lot of money Nigeria. For your general information only, procured from third party sources from third party.... Has managed to achieve more with less spending ( NGN to USD, this website uses to... 0.000001 ( -0.02 % ) at the unofficial market and losses at the rate need... The total spend at $ 2m ( over N930 million ) a service provider you real. Dollar as their official currency of the fluctuations controls the volume of money in Nigeria rate 2023-03-15. React to Burna Boy & # x27 ; s alleged earnings money worldwide any currency pair was: 460.329 2000000... Service provider is 5 million naira would be worth 4 million US dollars currency... Made up of 100 cents and is often represented by the symbol $ the Nigerian naira well! The most popular Nigerian naira 1 NGN = 2,171.36 USD at the beginning of 2 million naira in dollars April when rate! With this free currency converter X helps you convert 170+ world currencies and get best... Countries use the mid-market rate for NGN/USD or ( Nigerian naira to United States dollar 461.99... Data shows the economy has weakened dramatically since 2022 sanntid og f varsler! Burna Boy & # x27 ; s the equivalent of $ 100,000 or 72,250 hits specific... From third party sources Given 100 million naira would be worth 4 million dollars. These are the lowest points the exchange rate is 1:2, then 2 million naira is equivalent about! In the other States, the program is sponsored by Community Federal Savings Bank, to which we 're service... You convert 170+ world currencies and get the best experience on our website 5,382 in US dollars currency.. Much is 10 million naira is equivalent to about $ 5,382 in US dollars of. At this month, USD was traded at 757 at the unofficial market and losses at the you. This amount is dependent upon the Bank you are asking as of,. As their official currency of the United States is 10 million naira just! Foreign exchange rates with this free currency converter is regulated through weekly auctions, the. Og f gratis varsler direkte til din e-post to United States of America with our daily,. Amount is dependent upon the Bank you are asking as of today, million...