Dollar to Naira Exchange rate is the ratio at which Dollar can be traded with Naira. 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. Oga Seun pls take this to front page and help a brother. Also, NGN/USD closed flat at N381/USD at the Interbank Foreign Exchange market amid weekly injections of USD210 million by CBN into the forex market: USD100 million was allocated to Wholesale Secondary Market Intervention Sales (SMIS), USD55 million was allocated to Small and Medium Scale Enterprises and USD55 million was sold for invisibles. MoneyGram collected $9.3 million in Q3 from the multi-billion dollar valued company for market development fees. The symbol for NGN can be written N. The Nigerian Naira is divided into 100 kobo. Today, you will get fewer Nigerian naira for an amount in Dollars than you would have just a month ago. Your Nickname: Add Comment. The naira/dollar exchange rate and the government’s policies to address the issue has a long history behind it. At the beginning of the year, the Naira traded at N360 to a dollar. The symbol for the Canadian Dollar is C$ The Naira is divided into 100 kobo; The CA Dollar is divided into 100 cents; For 2020, one Nigerian Naira has equalled. If the rate then dropped to £1:$1.42, then the pound has weakened and we have lost value. (1) If You Had 3 Million Naira To Invest, What Business In Naija Would You: by jidewura(m): 6:08pm On Oct 07, 2009; I have about 3 million naira to invest in Naija, what business would you invest 3 million in to achieve 100% return on investment over 12 months? Trading at the investors’ window saw the naira closing at N385.98 to a dollar as investors traded a total of 20.27 million dollars. READ: Ripple owners say XRP will be worth $100. A dollar is now #500. On the last week currencies rate was the same as today.Last month exchange rate was like todays. About the Nigerian naira Why? The United States Dollar is divided into 100 cents. Free currency calculator for your website COPY widget onto your Site or Blog. Get notified when we launch . The current western union dollar to naira exchange rate today is #302.5. Trading at the investors’ window saw the naira closing at N385.98 to a dollar as investors traded a total of 20.27 million dollars. Track the exchange rate. The arrows in the eagle’s left talon represent peace. To purchase a product in the US or any other Dollar supported country with your Naira currency, you will first convert it to Dollar before you can use it and vice versa. EDU_JOSH 06:21 11/12/2020. Mid-market exchange rate at 10:22 UTC. ₦ 470.00 / ₦ 477.00. Here you are getting today's value of one million Nigerian naira to US Dollar . And as it is, global price of the crude oil has fallen so low, increasing to $47 from $46.3 in November. To rent three bedroom flat for beta areas inside major cities, pipo dey pay between one million Naira (about 3,000 dollars) to 10 million Naira (about 27,000 dollars). With 1 million naira, you can invest in educating yourself and reaping the benefits in the nearest future. I reside in Benin. 1 NGN = 0.00258 USD. ₦ 615.00 / ₦ 625.00. We can't send money between these currencies. The symbol for NGN can be written N. The symbol for USD can be written $. ₦ 470.00 / ₦ 477.00. The weakening of the naira has been attributed to the drop in foreign reserves, which lost $31.6 million to close the week at $35.6 billion. The United States Dollar is also known as the American Dollar, and the US Dollar. The NGN conversion factor has 4 significant digits. We will now only receive $1.42 for every £1 we spend on the dollar. Use October 2020 02:13 AM (GMT). Nominal growth In the Education sector in the second quarter of 2020 was –22.09% (year-on-year). This means to get exactly $1.49, you will need to spend £1.00. Historical Exchange Rates For United States Dollar to Nigerian Naira 377 380 382 384 387 389 Aug 13 Aug 28 Sep 12 Sep 27 Oct 12 Oct 27 Nov 11 Nov 26 120-day exchange rate history for USD to NGN Quick Conversions from United States Dollar to Nigerian Naira : 1 USD = 388.72151 NGN. 10, 000 dollars to Nigerian naira is #3, 600, 000 at (360*10, 000) 1 million naira in dollars is 2,777.78; What Is The Current Western Union Dollar To Naira Exchange Rate Today? average: C$ 0.004; minimum: C$ 0.003; maximum: C$ 0.004; The Naira is the currency used in Nigeria. NGN Nigerian Naira. If you’ve ever fancy watching Shark Tank/Dragon’s Den/Planet of the Apps or other business reality-shows, angel investing could be an option for you. A bag of cocoa will go for like N1 million naira but when it is processed it will worth around N7million. Comment on US Dollar to Naira Rates. Bugatti's latest creation sets a new bar in price and exclusivity. Total revenue was $323.2 million, … Euro to Naira Bank Rate Today. 2 Million NGN to USD; 3 Million NGN to USD; 4 Million NGN to USD Converted to. Here is a short example; imagine we are trading the GBP/USD and the rate is £1:$1.49. 25.81 US Dollars. The site has had over 270 million bills entered. @stormylinFollow the link @Blessed_Josh to get started with piggyvestAnd get N1000 after successful registration, I have gotten mine.Get yours to start buying and … With USD being traded at ₦475 now, we see a 3.06% fall for US Dollar to Naira exchange rates for this December. get converter widget. 1Naira / 1Naira. The exchange rate for the Nigerian Naira was last updated on December 11, 2020 from Yahoo Finance. 2020-12-10. Take your $1 bill, look at the eagle on the back. That’s compared to the $10 bills low 4.5 years lifespan and a high of 1.5 years for the $100 bill. 10 million naira in dollars . Nigerian Naira to US Dollar Convert NGN to USD at the real exchange rate. The currency exchange rate of 1 Canadian dollar to naira is #268.20 . 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. What Is 1 Canadian Dollar to Naira . The market development fees are deposited in XRP, which MoneyGram says it immediately turns into cash. 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. Do you know that a one-dollar bill falls out of circulation on average after 5.8 years according to the Federal Reserve Bank? With 1–3 million Naira, you could start off by: 1. Imagine someone who wants to hide his loot went to Aboki to buy dollars worth $50 million just to hide it in the basement of his house. Sign up to get notified, and we’ll let you know as soon as we can. Bugatti's La Voiture Noire cost almost $19 million and only one will be made. Naira to dollar exchange rate in 2020 declined by N73 from N306 Central Bank of Nigeria sold it in the beginning of the year to N379 and N386 on the investors and exporters forex window. The exchange rate for the Nigerian Naira was last updated on December 10, 2020 from Yahoo Finance. The 68-year-old chief executive officer applied for credit of 200 million naira ($516,649) to import processing and packaging machines for a new production line before the Covid-19 crisis. Dollar Scarcity Pushes Naira To 352 / Value Of Naira Falls; Now 208 Naira To One Dollar / Naira Now 172 Naira To A Dollar. Date (YYYY-MM-DD) USD (Buy/Sell) GBP (Buy/Sell) EUR (Buy/Sell); 2020-12-11. Yesterday this currency exchange rate plummeted on -1.0E-5 and was $ 0.00262 US Dollars for ₦ 1. The Naira to dollar exchange rate in 2020 has been marred by a series of economic uncertainties and weak macro fundamentals caused by the COVID-19 pandemic. Your comment. Highlights of Moneygram Q3 2020 results include. The scarcity of dollars at the parallel market on Tuesday in Lagos forced the naira down to N480 to a dollar. Currency Calculator. We're working on it. The News Agency of Nigeria (NAN) reports that the Pound Sterling and the Euro exchanged at N610 and N550, respectively. READ: Ripple ventures into lending. The second set of people I would be advising on what to do with one million naira in Nigeria are young men and women who have solid business ideas. ₦ 615.00 / ₦ 625.00 1,000,000.00 USD = 381,205,000.00 NGN Follow news in the Economic Calendar Currency converter - Light Version Here you are getting today's value of one million US Dollar to Nigerian naira . ₦ 565.00 / ₦ 575.00. Amount. 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