At the parallel market, the naira exchanged at N478 to dollar as importers and manufacturers push unmet foreign exchange (forex) demand from official market into the parallel market. Conversion from Nigerian naira to United States dollar can be done at current rates as well as at historical rates – to do this, select the desired exchange rate date. Naija News Today December 15, 2020 Read Latest Naija News 24/7, Breaking news & happy new month messages, newspaper headlines, naija news, naija news of today, today naija news, naija news of the day , naija news for today, naija news today, naija news c, naija news now, naija news latest, latest on naija news, Nigeria news today on NewsOnline Nigeria, By now you should know there are two markets in Nigeria, we have the official rate market from CBN (Central Bank of Nigeria) and the Black/Parallel Market. An exchange rate between two currencies fluctuates over time. However following the crash in oil price, the naira is now trading at N375 to a dollar in Lagos and between N370 and N372 in Abuja. Convert Nigerian Naira to US dollar, check current NGN to USD exchange rate, view live or history ngn to usd chart. For example, if there are ¥120 to the dollar and €1.2 to the dollar then the number of yen per euro is 120/1.2 = 100. View a graph which plots historical exchange rates for the Nigerian Naira against the US Dollar Invert table The table currently shows historical exchange rates for Nigerian Nairas per 1 US Dollar. While the USDNGN spot exchange rate is quoted and exchanged in the same day, the USDNGN forward rate is quoted today but for delivery and payment on a specific future date. Compare Dollar to Naira Exchange Rate at the open market and across money transfer services worldwide. In a Twitter rant on Thursday, December 3, Obinyan who was reacting to naira's fall to the dollar at the parallel exchange rate, said with $1 at N500, he can still afford to feed himself full. It will be recalled before now (around 70s), the Naira enjoys a better exchange rate against the Dollar. The USDNGN spot exchange rate specifies how much one currency, the USD, is currently worth in terms of the other, the NGN. Convert 1 Nigerian Naira to Canadian Dollar. This makes a 0.51% decrease for Dollar rate against Naira in FX market this week.. The Dollar to Nigerian Naira exchange rate (USD NGN) as of 12 Dec 2020 at 10:51 AM. Nike Popoola Naira exchanged to the dollar at 490/$ in the parallel market on Wednesday, after it had sold for N500 on Monday. Convert United States Dollar To Nigerian Naira . The Bureau De Change … Todays Exchange Rate In Naira. For the Black Market, 1 Canadian dollar sells for NGN 278 and buys at NGN 286. See other analysis below. Full history please visit NGN/USD History The naira started the year at around 360 naira to the dollar on parallel markets but could soon cross the psychologically important "red line" of 500 naira. 1960 Nigerian Naira = 5.1309 US Dollar US Dollar to Naira exchange rate is ₦475 in Nigeria today, November 17, 2020. It was N381/$1 at the beginning of the week, but on Friday, October 09, 2020 CBN exchange rate stood at N380 against the US dollar showing a %0.26 decrease for USD rate against Naira in CBN. Narrowed Gap Dollar To Naira Exchange Rate. The page provides the exchange rate of 1980 US Dollar (USD) to Nigerian Naira (NGN), sale and conversion rate. There's a panic in the Nigerian market following a scarcity of dollars which came after market speculators began stocking up their dollar reserves. Invert the table to see US Dollars per 1 Nigerian Naira. So, you've converted 80 US Dollar to 30129.69 Nigerian Naira.We used 0.002655 International Currency Exchange Rate. Moreover, we added the list of the most popular conversions for visualization and the history table with exchange rate diagram for 1980 Iraqi Dinar (IQD) to US Dollar (USD) from Thursday, 10/12/2020 till Thursday, 03/12/2020. The page provides the exchange rate of 1980 US Dollar (USD) to Indonesian Rupiah (IDR), sale and conversion rate. Currencies 9 years ago. Export to Excel Export this data to a CSV file which can be imported by Microsoft Excel. Following are currency exchange calculator and the details of exchange rates between Nigerian Naira (NGN) and Singapore Dollar (SGD). The naira was last week exchanging at N470 to dollar, losing N8 in the last four days. Small currency converter of ngn to usd is published aside, where default value in converter is 1 NGN to USD , but you can you go to full currency converter with … What is the gtbank dollar to naira exchange rate today March 2019, the post provides you all the information you need to know about gtbank exchange rate The page provides the exchange rate of 1980 Iraqi Dinar (IQD) to US Dollar (USD), sale and conversion rate. US Dollar started last week at ₦465 in Black Market on Monday, November 09, 2020. 1 usd to ngn Black Market vs MoneyGram. DECEMBER 11, 2020 Next Profit Threat Faces Nigerian Banks Hanging Onto Clients - BLOOMBERG DECEMBER 11, 2020 Nigeria Needs To Do More to Get $1.5 Billion World Bank Loan - BLOOMBERG DECEMBER 11, 2020 Why Africa Borrowed Billions of Dollars From China - BLOOMBERG DECEMBER 11, 2020 Delta Launches Contact Tracing for US Travelers’ - THISDAY DECEMBER 11, 2020 British pound … You have currently selected the base currency United States dollar and the target currency Nigerian naira with an amount of 1 United States dollar. 1 Nigerian Naira = 0.0036 Singapore Dollar. According to the Edo governor's media aide, N500 can feed a Nigerian but $1 cannot do anything in the US. This equals to a 2.15% rise for Dollar to Naira exchange rate for since last week so far. The value of a currency relative to a third currency may be obtained by dividing one U.S. dollar rate by another. In the menu, you can select the desired exchange rates of about 160 international currencies from the two lists. At the beginning of the year, the Naira traded at N360 to a dollar. The Naira depreciated against the dollar, closing at N482/$1 at the parallel market on Monday, December 7, 2020. The page provides the exchange rate of 1980 Japanese Yen (JPY) to US Dollar (USD), sale and conversion rate. US Dollar to Naira exchange rate is ₦377.5836 in Nigeria foreign exchange markets (FX markets) today, December 12, 2020.Dollar started this week at ₦379.52 in foreign exchange markets on Monday, December 07, 2020. Nigerian Naira to Dollar exchange rate record over 48 years (1972-2020) Before we continue see table of the improvement and decline of Nigerian Naira to Dollar since after independence. 1960 NGN = 5.0818 USD. Saturday, 03 October 2020, 14:00 Lagos time, Saturday, 03 October 2020, 21:00 Singapore time. Nigerian Businesses face huge exposure to exchange rate risk as the CBN plan to devalue the Naira. This table compares the rate of 1 USD to NGN at the black market against MoneyGram. The Nigerian naira has continued to depreciate against the dollar at the exchange rate market. Use this USD to NGN converter ($ to ₦) to get today's exchange rate, in real time from American Samoan currency to Nigerian currency or to any other world's currency, even offline. A United States Dollar ($1) was exchange at 90 kobo but by 1993 after the brahim Babaginda’s regime came to an end the Naira has sheded much value and was exchange at 11 naira … United States (US) Dollar to Naira Exchange Rate Today Currency Calculator. Calculator Use. Moreover, we added the list of the most popular conversions for visualization and the history table with exchange rate diagram for 1980 US Dollar (USD) to Nigerian Naira (NGN) from Tuesday, 15/09/2020 till Tuesday, 08/09/2020. Canadian Dollar to Naira exchange rate – Black Market . Moreover, we added the list of the most popular conversions for visualization and the history table with exchange rate diagram for 1980 US Dollar (USD) to Indonesian Rupiah (IDR) from Friday, 11/12/2020 till Friday, 04/12/2020. Today, the current CBN exchange rate of the dollar to naira is N380/$1. Get daily black market exchange rates from dollar to naira, pounds to naira and euro to naira. The naira has strengthened by 6% to 470 per dollar in the parallel market since Monday, according to abokifx.com, while the spot rate weakened 0.6% to 391.90. We added the most popular Currencies and CryptoCurrencies for our Calculator. Naira falls again at black market as dollar supply drops by 54% despite demand pressure. The worst day for conversion of 1960 Nigerian Naira in US Dollar in last 10 days was the 21/10/2020.Exchange rate has reached to lowest price. Exchange Rates Updated: Sep 21,2020 12:27 UTC. 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