Furthermore, an exchange rate of N462/$1 was the highest rate recorded during intra-day trading before it settled at N461.17/1, while it traded for as low as N440/$1 during intra-day trading. The exchange rate between the naira andthe US dollar strengthened on Monday, 27th February 2023 at the black market to trade at an average of N758/$1, representing an appreciation of 0.26%from N760/$1 recorded in the previous trading session. Our currency converter is simple to use and also shows the latest currency rates. This currency calculator is provided in the hope that it will be useful, but WITHOUT ANY WARRANTY; without even the implied warranty of MERCHANTABILITY or FITNESS FOR A PARTICULAR PURPOSE. Nigerias external reserves however, stood at $37.2 billion as of 10thJanuary 2023, representing a0.02% increasefrom the $37.19 billion recorded as 9thDecember 2022, indicating a fifthsuccessive increase in the nations reserve level. The exchange rate at the official market closed at N462/$1 on Tuesday, 28th February 2023, the same rate it recorded on Monday, 27th February 2023. Can he collect the money personally or must I use a citizen of Nigeria to collect the money on his behalf? This is according to information from black market FX operators who spoke to Nairametrics. The exchange rate between the naira and the US dollar at the black market remained flat on Wednesday, 1st March Excerpt: The exchange rate between the naira and the US Dollar traded at an average of N760/$1 on Wednesday morning, 1st March 2023 . Price of Air Ticket from Osogbo to Malaysia? The opening indicative rate closed at N461.4/$1 on Friday, 3rd February 2023. ','+childNetworkId.trim():'';xmlhttp.open("GET", 'https://pubads.g.doubleclick.net/gampad/adx?iu=/147246189'+child+'/'+adunit+'&sz='+encodeURI(size)+'&t=Placement_type%3Dserving&'+Date.now(), true);xmlhttp.send();})(); !function(){var t="611a52ccd5cc7aa94a532b7d",e="widget_611a52ccd5cc7aa94a532b7d",a=document.createElement("script");a.type="text/javascript",a.setAttribute("data-cfasyn","false"),a.src="https://widget-cdn.ketshwa.com/m/p/611a52ccd5cc7aa94a532b7d/1256.js",a.async=!0,document.body.appendChild(a),a.onload=function(){KetshwaSDK.showWidget(t,e)}}(); Business News | Stock Market | Money Market | Cryptos | Financial Literacy | SME |. I am trying to send my fiance in Nigeria some money through Western Union, for his visa fees and plane ticket. A total of $89.54 million in FX value was traded at the official exchange on Wednesday, representing a 30.05% increase when compared to the $68.85 million that exchanged hands in the previous day. Meanwhile, the naira depreciated against the US dollarat the official investors and exporters (I&E) window to close at N461.67/$1 on Wednesday, 4th January 2022, a0.15% depreciation from the N461/$1 recorded on Tuesday. DISCLAIMER: All content provided herein our website is for your general information only, procured from third party sources. A total of $117.63 million in FX value was traded at the window, compared to $47.13 million that exchanged hands on Monday. Nigerias external reserves, however, stood at $37.21 billion as of 16th January 2023, representing an increase of 0.013% from the $37.206 billion recorded on 13th December 2022. Meanwhile, the exchange rate at the investors and exporters (I&E) window closed at N461.25/$1 on Thursday, 26th January 2023, representing a 0.10% improvement compared to N461.7/$1 recorded in the previous trading session. The opening indicative rate closed at N460.25/$1 onWednesday. A sum of $55.52 million in FX value exchanged hands at the I&E window on Tuesday, which is 72.04% lower than the $198.6 million that was traded in the previous session. Nigerias external reserves recorded its first gain after eleven consecutive days of declines, The reserve level increased by 0.04% on Wednesday, 1st February 2023 to stand at $37.01 billion from $36.99 billion recorded in the previous day. On the flip side, the exchange rate at the cryptocurrency P2P exchange appreciated by 0.16% onFriday, 3rdFebruary 2023 to a minimum of N745/$1, as againstN746.22/$1 recorded in the previous trading session. 337.19600 NGN. The exchange rate at the official market closed at N461.5/$1 on Tuesday, 31st January 2023, the same rate was recorded on Monday, 30th January 2023. xmlhttp = new XMLHttpRequest();xmlhttp.onreadystatechange = function(){if(xmlhttp.readyState==4 && xmlhttp.status==200){var es = document.querySelectorAll("[data-id='"+adunit+"']");var e = Array.from(es).filter(function(e) {return !e.hasAttribute("data-rendered")});if(e.length > 0){e.forEach(function(el){var iframe = el.contentWindow.document;iframe.open();iframe.write(xmlhttp.responseText);iframe.close();el.setAttribute('data-rendered', true)})}}};var child=childNetworkId.trim()? A sum of $150.49 million in FX value was transacted at the I&E window on Monday, which is 54.1% higher than the $97.67 million that was traded in the previous session. A sum of $72.18 million in FX value exchanged hands at the I&E window on Friday, which is 18.85% lower than the $88.95 million that was traded in the previous session. Meanwhile, the exchange rate at the investors and exporters (I&E) window appreciated marginally to close at N461.1/$1 on Thursday, from N461.17/$1 recorded on Wednesday, 8th February 2023. Naira depreciated againstthe US dollar at the black market on Wednesday, 8th February 2023, trading atan average of N750/$1. (function () { Explore the account used by 13 million people to live, work, travel and transfer money worldwide. Nigerias external reserve stood at $37.09 billion as of 29th December 2022, an increase of 0.04% from the $36.08 billion recorded as of the previous day. 20,000,000.00 Wise takes the stress out of sending large amounts of money abroad helping you save for the important things. The U.S. dollar is the currency most used in international transactions. The exchange rate for the Nigerian Naira was last updated on March 1, 2023 from Yahoo Finance. How much is the price of flight ticket from Osogbo,Nigeria to Malaysia? Conversion rates US Dollar / Nigerian Naira. The exchange rate between the naira andthe US dollarappreciated on Friday, 24th February 2023 at the black market to trade at an average of N760/$1. There are values from coins (cents) to thousands, millions . Representing an uptrend of 0.41% compared to N738/$1 recorded on Wednesday. Meanwhile, the exchange rate at the investors and exporters (I&E) window closed at N461.5/$1 on Friday, 20th January 2023, the same as recorded in the previous trading session. The exchange rate at the official market closed at N461.5/$1 on Wednesday, 15th February 2023, a 0.04% appreciation from N461.67/$1 recorded on Tuesday, 14th February 2023. Compare us to your bank Send money with Wise. The exchange rate for the United States Dollar was last updated on February 28, 2023 from The International Monetary Fund. A sum of $48.28 million in FX value was traded at the I&E window on Tuesday which is 19.86% higher than the $40.28 million that exchanged hands in the previous session. Furthermore, an exchange rate of N462.06/$1 was the highest rate recorded during intra-day trading before it settled at N461.5/1, while it traded for as low as N440/$1 during intra-day trading. This is for informational purposes only. The exchange rate between naira and the US dollar fellsharply to N752/$1 on Monday, 30th January 2022, representing a 0.94% depreciation compared to N745/$1 recorded last week Friday. 2174.20 2,000,000 4348.41 5,000,000 10,000,000 20,000,000 50,000,000 100,000,000 NGN rate February 28, 2023 USD NGN coinmill.com 0.50 230 1.00 460 2.00 January 2023, a 0.05% depreciation from N461.25/$1recorded in the previous trading session. The nations externalreserves likewise, declined further to $36.79 billion on Wednesday from $36.81 billion. Set an alert now, and well tell you when it gets better. The opening indicative rate closed at N461.5/$1 on Tuesday, 7thFebruary 2023. Meanwhile, the exchange rate at the investors and exporters (I&E) window closed at N461.5/$1 on Tuesday, 16th January 2023, maintaining the same rateit recorded in the previous trading session. Furthermore, an exchange rate of N462/$1 was the highest rate recorded during intra-day trading before it settled at N461.5/1, while it traded for as low as N440/$1 during intra-day trading. The table shows the data and analysis of the variations. The opening indicative rate closed at N461.5/$1 on Monday, 30th January 2023. Also, the exchange rate at the cryptocurrency P2P exchange depreciated by 0.35% on Monday morning to trade at a minimum of N745.6/$1. A sum of $132.77 million in FX value was transacted at the I&E window on Monday, which is 37.14% higher than the $96.81 million that was traded in the previous session. Meanwhile, the exchange rate at the investors and exporters (I&E) window closed at N461.5/$1 on Monday, 30th January 2023, representing a 0.05% appreciation compared to N461.75/$1 recorded in the previous trading session. However, Forex turnover at the official market fell to its lowest since October 24th 2022 to $40.24 million, representing a 27.52% decline compared to $55.52 million that exchanged hands on Wednesday. Naira remained flat against the US dollar at the black market on Tuesday, 14th February 2023, trading at an average of N756/$1, this is the same rate recorded on Monday, 13th February 2023. The opening indicative rate closed at N460.25/$1 on. A sum of $81.95 million in FX value was traded at the I&E window on Wednesday which is 69.74% higher than the $48.28 million that exchanged hands in the previous session. A sum of $68.85 million in FX value was transacted at the I&E window on Tuesdaywhich is 67.04% lower than the $208.91 million that exchanged hands in the previous session. Nigerias external reserves stood at $37.09 billion as of 26th January 2023, representing a decline of 0.07% from the $37.12 billion recorded as of 25th January 2023, a consistent decline for the past 7 days. The exchange rate at the official market closed at N461.25/$1 on Wednesday. This is according to information from black market traders who spoke to Nairametrics. Enter the amount to be converted in the box to the left of Nigerian Naira. Meanwhile, the exchange rate at the official investors and exporters (I&E) window started the year on a positive note with a 0.11% gain to close at N461/$1 from N461.5/$1 recorded as of the last session of 2021. Furthermore, an exchange rate of N462.41/$1 was the highest rate recorded during intra-day trading before it settled at N461.33/1, while it traded for as low as N406.75/$1 during intra-day trading. The opening indicative rate closed at N459.6/$1 onThursday, 5thJanuary2023. Nigerias external reserves however, stood at $37.16 billion as of 6thJanuary 2023, representing a0.03% increasefrom the $37.11 billion recorded as 4thDecember 2022, indicating a third successive increase in the nations reserve level. The exchange rate between the naira and the US dollar traded for an average of N745/$1 on Wednesday, 1st February 2023, representing a 0.80% appreciation when compared to N751/$1 recorded in the previous trading session. Hold over 20 currencies. The exchange rate at the official market closed at N461.67/$1 on Friday, 6thJanuary 2023, representing a 0.04% depreciation from N461.5/$1 recorded on Thursday. Forex turnover however increased by 13.27% on Thursdayto $119.35 million, from $105.37 million that exchanged hands on Wednesday. You won't receive this rate when sending money. As of today at 15:00PM UTC twenty billion us dollars is equal to 1,658,509,720,000.00 (INR) or one trillion six hundred fifty-eight billion five hundred nine million seven hundred twenty thousand indian rupees. A year ago today, on this day, they provided the equivalent of 20,000,000,000.00 naira for $48,088,469.28 us dollars, which is $4,741,309.16 more than it is now. The opening indicative rate closed at N461.5/$1 onFriday, 17thFebruary 2023. On the other hand, the exchange rate at the P2P cryptocurrency Exchange depreciated on Wednesdaymorning, trading at a minimum of N748.95/$1, a 0.96% depreciation compared to N741.79/$1 recorded yesterday. The exchange rate used for the USD/NGN currency pair was : 460.56. The opening indicative rate closed at N461.25/$1 onWednesday, 15thFebruary 2023. Simply type in the box how much you want to convert. EMEA +44 20 7330 7500. Compared to the N731/$1 recorded last week Friday, naira depreciated by 1.92%. Explore the account used by 13 million people to live, work, travel and transfer money worldwide. Over the last 7 days, the best beneficial exchange rate was $43,572,984.75. 1 USD. Dollar to Naira (USD to NGN) Black Market Exchange Rate Today. Currency converter - Light Version. Nigerias external reserves stood at $36.817 billion as of Monday, 13th February 2023, slightly lower than the $36.82 billion recorded as of last week Friday. In the same vein, the exchange rate at the investors and exporters (I&E) window closed at N461.63/$1 on Monday, 23rd January 2023, representing a 0.03% dip from N461.5/$1 recorded in the previous trading session. The opening indicative rate closed at N461.2/$1 on Tuesday, 24th January 2023. NGN - Nigerian Naira 1 Zimbabwean Dollar = 1.27 23995 Nigerian Nairas 1 NGN = 0.785917 ZWD We use the mid-market rate for our Converter. The exchange rate at the official market closed at N461.33/$1 on Thursday, 23rd February 2023, a 0.06% appreciation from N461.33/$1 recorded on Wednesday, 22nd February 2023. Select value and currency in GBP Currency Calculator and you will see price of money amount in foreign currencies. $ 119.35 million, from $ 36.81 billion black market FX operators who spoke to Nairametrics also shows latest. At N461.25/ $ 1 on Wednesday the nations externalreserves likewise, declined further to 36.79. Am trying to send my fiance in Nigeria some money through Western Union, for his fees. Well tell you when it gets better, 15thFebruary 2023 Osogbo, Nigeria 20 billion dollars to naira Malaysia the currency most in! Currency converter is simple to use and also shows the data and of. 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20 billion dollars to naira