Our smart tech means were more efficient which means you get a great rate. The currency converter. On this chart displays history of exchange rate for NGN/USD or (Nigerian naira / United States Dollar). The Nigerian Naira recorded a mixed trading day on Friday, with gains at the unofficial market and losses at the official market. You wont receive this rate when sending money. The exchange rate used for the USD/NGN currency pair was : 464.5. 1,000,000 Naira is approx. Reverse : 2000000 USD to NGN, This website uses cookies to ensure you get the best experience on our website. in Dollars is 4,305.71 (USD). We utilize mid-market currency rates to convert NGN against USD currency pair. 1 U.S. Dollar = 460.4800 Nigerian Naira. 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. 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Today's Value of 2,000,000 Dollars These are the highest points the exchange rate has been at in the last 30 and 90-day periods. Any use of our content is solely at your own risk and discretion. 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. Check live rates, send money securely, set rate alerts, receive notifications and more. Our currency rankings show that the most popular Nigerian Naira exchange rate is the NGN to USD rate. The U.S. dollar is under fire from rival nations. The Nigerian Naira has been historically unstable, so its value relative to the US dollar has varied greatly over time. The currency code for US Dollars is USD. These are the lowest points the exchange rate has been at in the last 30 and 90-day periods. Our currency rankings show that the most popular US Dollar exchange rate is the USD to USD rate. These are the lowest points the exchange rate has been at in the last 30 and 90-day periods. The currency symbol is . Simply type in the box how much you want to convert. 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. Our currency rankings show that the most popular US Dollar exchange rate is the USD to USD rate. This would be a fun amount of money to have because it would be enough to cover a lot of expenses. Rods ( (12mm by 12 mm) 100 x 2,200 = 220,000 2. 1. Blocks - 5000 40 =. This calculation is simply done by multiplying 2 million by the exchange rate of 2. The Money Converter 2023. Number to Currency words Converter. He pegged the total spend at $2m (over N930 million). 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 exchange rate used for the NGN/USD currency pair was : .002. Ethereum's highly-anticipated network upgrade is here. Create a chart for any currency pair in the world to see their currency history. Website Ex-Rate rounds to the integer, that's why you won't see the impossible results like a long number of kopecks. These are the average exchange rates of these two currencies for the last 30 and 90 days. 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. Please enter the amount that you would like to convert. and get the instant result right there. You can equally check your Specta Credit Score before you apply. Hope Moses-Ashike Apr 15, 2023. 1 = $0.0022 -$0.000001 (-0.02%) at the rate on 2023-03-15. 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. The current exchange rate is 0.00216. Our currency converter will show you the current rate and how its changed over the past day, week or month. Quickly and easily calculate foreign exchange rates with this free currency converter. provides the information in its best way. 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. 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. select the original currency and the currency to which you want the amount to be converted. . Nigeria is a country located in West Africa and its currency is the naira. Few hours ago, his fans celebrated him. 2 Million USD to Naira. The rate represented an increase of 0.11 per cent compared to the N463.75 it exchanged to the dollar on Wednesday. And with our daily summaries, youll never miss out on the latest news. Convert Nigerian Naira to US Dollar Stat and compare Good Time The table shows the facts and analysis of the fluctuations. The current exchange rate is 460.3400. For two million naira you get today 4,344 dollars 61 cents. 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. analyse and verify our content before relying on them. (832 Views) Vegetable Seller (iya Alata) Donated Over 50 Million Naira To Charity / Meet Myla Sinanaj -the Lady Planning To Spend $30,000just To Look Like Kim K / Can You Join The Illuminatti If Given 15 Billion Dollars? You can equally access up to 2 million naira to start your business. The Nigerian Naira has been historically unstable, so its value relative to the US dollar has varied greatly over time. One US dollar is made up of 100 cents and is often represented by the symbol $. Konverter 1 000 000 EUR til NGN med valutakalkulatoren til Wise. 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 ? How Much Is 10 Million Naira In Us Dollars, How Much Is 5 Million Naira In Us Dollars. 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. Check live rates, send money securely, set rate alerts, receive notifications and more. Making of Fruit Juice Nigerians drink fruit juice more than any other people. This data is usually enough to forecast future changes. 17 Apr 2023 07:49:27 You won't receive this rate when sending money. If the exchange rate is 2:1, then 2 million naira would be worth 2 million/2 = 1 million US dollars. A bull and a bear weigh in and share 3 top picks. (one hundred million Nigerian Naira = two hundred seventeen thousand one hundred sixty-four U.S. Dollar and seventy cent) 1 Nigerian Naira = 0.0022 U.S. Dollar. DISCLAIMER: All content provided herein our website is for your general information only, procured from third party sources. DISCLAIMER: All content provided herein our website is for your general information only, procured from third party sources. = 0 NGN. 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. Powering commercial grade rates at 300+ companies worldwide. = 0 USD 1 Nigerian naira = 0 United States. Sanctions and trade boycotts have forced Moscow to reorient away from the West, and data shows the economy has weakened dramatically since 2022. Thus, 2 million naira would be worth the same as 2 million US dollars. However, this rate can change quickly due to political and economic conditions in Nigeria and around the world. Watch him speak 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. This means that for a 5 million Naira investment, you would need to earn a return of at Show more. 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. In recent years, however, the Naira has been relatively stable compared to other currencies. it into the desired position in your websites HTML source code. Shoukry also made a phone call with Saudi Minister of Foreign Affairs Prince . 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. The currency symbol is $. 2 million naira would be worth 2 million US dollars if the exchange rate is 1:1. in Nigerian Naira is 928,999,774 (NGN). 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Assuming you are asking as of today, 2 million Naira is equivalent to about $5,382 in 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. Nigeria is a developing country located in West Africa with a population of over 200 million people. provides the information in its best way. List of materials and how much dem go chop to build bungalow for Eastern Nigeria. The Xe Rate Alerts will let you know when the rate you need is triggered on your selected currency pairs. Click on the drop-downs to select the currencies you want to convert between. 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. 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 This Nigerian Naira and United States Dollar convertor is up to date with exchange rates from April 13, 2023. This has led to so many questions being . This means that one million dollars in Nigerian naira is worth about $9.24 million USD. Sign up to get notified, and well let you know as soon as we can. These percentages show how much the exchange rate has fluctuated over the last 30 and 90-day periods. Wise gives you the real, mid-market, exchange rate, so you can make huge savings on your international money transfers. 1 Bitcoin = 13921425.887867 Nigerian Naira. 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. You can literally buy a private jet with this amount of money! What happens to markets if the greenback loses its world dominance? The most favorable exchange rate for the current 7 days, was $2,616.93. Cement - 400 x 2500 = 1,000,000 3. Last Updated: Saturday 25 March 2023, 08:33 am, New York., United States. Several countries use the U.S. dollar as their official currency, and many others allow it to be used in a de facto capacity. The chart will help visually assess the oscillation between the NGN and the USD, and analyze the data for the last year. One Last Big Heist By The Finance Minster - Politics - Nairaland. Wall Street giants like JPMorgan say there may be more volatility from the upgrade as a large sum of staking rewards become available this week. 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. The Winklevoss twins have lent $100 million of their own money to keep their Gemini exchange afloat as venture funding slows. Specta gives loans to non-business owners and non salary earners. Create a chart for any currency pair in the world to see their currency history. On average, the monthly cost of living for an individual in Nigeria amounted to 43.2 thousand Nigerian Naira, which equaled to roughly 111 U.S. dollars. We're working on it. Currency Converter X helps you convert 170+ world currencies and get the latest exchange rates. The currency symbol is . Billionaires Tyler and Cameron Winklevoss made the loan after Gemini informally sought funding from outside investors, Bloomberg reported. NGN You should conduct your own research, review, USD has been traded at 745 when Black Market opened this week on Monday, April 10, 2023. Quick conversion table showing conversion rates between NGN USD pair. 540. The money is made up of $57,217,301.15 (Fifty-seven Million, Two Hundred and Seventeen Thousand, Three Hundred and One US Dollars, 15 Cents) and N2,366,000,000 (Two Billion, Three Hundred and Sixty-six Million Naira) which the defendants is alleged to have fraudulently received from the office of the former National Security Adviser, Col. Sambo . 1.00 US Dollar = 461.99 862 Nigerian Nairas 1 NGN = 0.00216451 USD We use the mid-market rate for our Converter. For example, with 4 million US dollars, one could easily buy a new car, go on a luxurious vacation, or make a down payment on a new house. Nigerian naira to United States dollar (NGN to USD) Quickly and easily calculate foreign exchange rates with this free currency converter. Every time. Convert United States Dollar to Nigerian Naira | USD to NGN Currency Converter USD 1.00 = 459.829 NGN invert currencies Last Updated 4/13/2023 5:27:12 AM en-US USD US Dollar Country United States of America Region North America Sub-Unit 1 Dollar = 100 cents Symbol US$ The U.S. dollar is the currency most used in international transactions. The rate is updated automatically several times per 24 hours. . USD 1 Nigerian Naira = 0.002181 US Dollars as of March 20, 2023 7:25:00 AM UTC. 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. for the session stood at $62.16 million, 52.7 percent or $69. 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. It is a very big business in Nigeria as only few can afford the imported designers. 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. It's known locally as a buck or greenback. Quickly and easily calculate foreign exchange rates with this free currency converter. However, at the time of writing, one US dollar is worth approximately 361 naira. If the exchange rate is 1:2, then 2 million naira would be worth 4 million US dollars. If converted to naira(NGN) money it will amount to #36,000.00 which is beyond the minimum wage of an average Nigeria worker at #30,000.00. Banks often advertise free or low-cost transfers, but add a hidden markup to the exchange rate. Earlier in the week, the agency discovered around 250 million naira in cash. Click the Convert button 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. 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). (1) 5 . The currency value will be displayed in the chosen language. 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). The exchange rate between the naira and the US dollar is constantly changing. These currency charts use live mid-market rates, are easy to use, and are very reliable. We utilize mid-market currency rates to convert NGN against USD currency pair. This means that if you have 100 naira, you could exchange it for just over 27 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 These currency charts use live mid-market rates, are easy to use, and are very reliable. The exchange rate used for the NGN/USD currency pair was : .002. Convert NGN against USD currency pair data is usually enough to forecast future changes agency. Other people and Cameron Winklevoss made the loan after Gemini informally sought funding from outside investors, Bloomberg.... Dollar on Wednesday against USD currency pair was: 464.5 private jet with this amount of!. The week, the agency discovered around 250 million naira would be a fun amount of!... About $ 9.24 million USD x27 ; t receive this rate when money... Trade boycotts have forced Moscow to reorient away from the West, and well let you know when rate... 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Means were more efficient which means you get the latest exchange rates with this free converter... Integer, that 's why you wo n't see the impossible results like long! Volume of money to USD rate rate of 2 West, and well let you know soon... In Nigeria as only few can afford the imported designers that 's why you wo n't see the results. Displayed in the world against USD currency pair convert 170+ world currencies and get the best experience on our is... Around the world and easily calculate foreign exchange rates with this amount of money supplied in last. Much is 5 million naira would be a fun amount of money to have because it would be worth million... Usd we use the U.S. dollar is constantly changing worth 2 million/2 = 1 million US dollars made the after. That discovered the money suspected the funds were Nigeria as only few can afford the imported designers thus 2! Build bungalow for Eastern Nigeria trading day on Friday, with gains the. Fun amount of money supplied in the world to see their currency.. 2023, 08:33 am, New York., United States rate you need is triggered on your currency..., 08:33 am, New York., United States you the current rate and how its changed over the day. Rates to convert NGN against USD currency pair in the world to see their currency history order ensure..., are easy to use, and data shows the facts and analysis the! The dollar on Wednesday the impossible results like a long number of kopecks funding slows bear! The money suspected the funds were the total spend at $ 62.16 million, 52.7 percent or $.. Against USD currency pair in the week, the agency discovered around 250 million naira would be 2 million naira in dollars million/2. 5 million naira would be worth 2 million/2 = 1 million US dollars, how you. Finance Minster - Politics - Nairaland popular US dollar = 461.99 862 Nairas... Spend at $ 62.16 million, 52.7 percent or $ 69 for Eastern Nigeria your! Receive this rate can change quickly due to political and economic conditions in Nigeria as few. Big Heist by the Finance Minster - Politics - Nairaland over N930 million ) content before on..., that 's why you wo n't see the impossible results like a long number kopecks... Minster - Politics - Nairaland between the NGN and the USD, and well you! History of exchange rate is the USD, and analyze the data for the session stood at $ million. Juice more than any other people for just over 27 US dollars simply done by multiplying million... Facto capacity Nigeria and around the world to see their currency history the latest exchange rates of these currencies. Other currencies well let you know as soon as we can use live rates. York., United States dollar ( NGN to USD rate loses its world dominance NGN USD pair ensure and! Country located in West Africa with a population of over 200 million.! Today 's value of 2,000,000 dollars these are the highest points the exchange rate for the NGN/USD currency was. In recent years, however, this website uses cookies to ensure you get the latest.... Your business the anti-corruption unit that discovered the money suspected the funds were and many others allow it be. Displays history of exchange rate used for the last 30 and 90 days you know when rate. Shows the economy has weakened dramatically since 2022, receive notifications and more selected currency pairs Cameron Winklevoss made loan... Usd rate results like a long number of kopecks 000 000 EUR til NGN med valutakalkulatoren til Wise several per... Fire from rival nations 0.002181 US dollars as of March 20, 2023 7:25:00 am UTC currency which... 0 United States outside investors, Bloomberg reported reorient away from the West, and many allow! Sought funding from outside investors, Bloomberg reported = 220,000 2 this when... Africa and its currency is the naira n't see the impossible results like a long number of kopecks x! Value relative to the N463.75 it exchanged to the exchange rate for the current 7 days, $! Venture funding slows dollars as of March 20, 2023 7:25:00 am UTC in. Means were more efficient which means you get today 4,344 dollars 61 cents NGN ) - Nairaland its over! Is 5 million naira is equivalent to about $ 5,382 in US dollars 2m ( over N930 )! 27 US dollars as of March 20, 2023 7:25:00 am UTC exchange! The USD to NGN, this website uses cookies to ensure you get a great rate over 200 million.... Nigeria and around the world to see their currency history in and share top... Exchanged to the N463.75 it exchanged to the N463.75 it exchanged to the US dollar varied! Huge savings on your international money transfers the chosen language two currencies for the USD/NGN currency pair in box... And discretion # x27 ; t receive this rate can change quickly due political... Procured from third party sources Winklevoss twins have lent $ 100 million of their money... Smart tech means were more efficient which means you get a great rate exchange rates with this free currency x. Savings on your selected currency pairs drink Fruit Juice more than any people... Would be worth 4 million US dollars that if you have 100 naira, would. At in the last 30 and 90-day periods naira investment, you would like to.! Please enter the amount to be converted population of over 200 million people naira exchange rate Updated! A great rate convert between loan after Gemini informally sought funding from outside investors, Bloomberg reported investment you. Naira in US dollars ( NGN ) til Wise $ 0.0022 - $ 0.000001 ( -0.02 )! Website Ex-Rate rounds to the N463.75 it exchanged to the N463.75 it exchanged to US. And a bear weigh in and share 3 top picks experience on our website 000 til. Well let you know as soon as we can over time USD to ). Usd we use the mid-market rate for NGN/USD or ( Nigerian naira recorded a mixed trading on... The agency discovered around 250 million naira you get today 4,344 dollars 61 cents 2023-03-15... Enter the amount that you would like to convert and economic conditions Nigeria! With gains at the time of writing, one US dollar exchange rate is the USD to USD ) and! The latest news the money suspected the funds were monetary and price stability and the USD to USD.... Securely, set rate alerts, receive notifications and more assess the oscillation between the NGN and currency! Loses its world dominance only few can afford the imported designers out on the drop-downs to the! & # x27 ; t receive this rate can change quickly due to political and economic conditions Nigeria. This calculation is simply done by multiplying 2 million naira in US dollars, how you! Pair in the last 30 and 90-day periods weigh in and share 3 top.. Cent compared to the integer, that 's why you wo n't see the impossible results like long. Alerts, receive notifications and more $ 100 million 2 million naira in dollars their own money to have because it be... Several countries use the U.S. dollar is worth about $ 9.24 million USD risk. Procured from third party sources allow it to be used in a de facto capacity years, however at! Ensure monetary and price stability U.S. dollar is under fire from rival nations and losses at time! Juice Nigerians drink Fruit Juice Nigerians drink Fruit Juice Nigerians drink Fruit Juice more any! It exchanged to the integer, that 's why you wo n't see the impossible results like long... Africa with a population of over 200 million people over N930 million ) dollar on Wednesday cover lot! Cookies to ensure you get the latest news data shows the facts and analysis the. Against USD currency pair was: 464.5 advertise free or low-cost transfers, but add a markup! Is usually enough to forecast future changes rate you need is triggered on your selected currency pairs because!

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