dollar to naira exchange rate today

This responsibility has been entrusted on CBN due to the flightiness experienced in the past when it came to foreign exchange. AbokiFX Daily dollar rate, Naira to Euro, Naira to Pounds, with live foreign exchange rate calculator on AbokiFX. However, people prefer the use of black market at times because of the availability of cheap services they provide. This equals to a 2.15% rise for Dollar to Naira exchange rate for since last week so far. History of Nigeria Immigration Service. Nominal growth In the Education sector in the second quarter of 2020 was –22.09% (year-on-year). NAIRA(₦) USD($) EURO(€) GBP(£) Buy/Sell: Buy/Sell: Buy/Sell: 11/12/2020: 470/475 Meanwhile, the Dollar to Naira exchange rate in Black Market is quite different from the official rate. The first US paper dollar came into existence in 1875. 24 of 1991, CBN Decree Amendments 1993,No. naira, black market naira rates, naira exchange rates, dollar to naira, euro to naira, pound to naira, australian dollar to naira, riyal to naira,lagos parallel market, Central Bank of Nigeria, CBN, Bureau De Change, BDC, turkish lira to naira, moneygram, western union Welcome to our posts on GTBank Dollar to Naira Exchange Rate today. Mid-market exchange rate at 21:49 UTC. 37 of 1998,No. Related Posts. Also, consider Nigerians who have to pay for medical and educational bills in this foreign currency. Compare money transfer services, compare exchange rates and commissions for sending money from United States to Nigeria. Dec 08, 2020 Senate considers bill to blacklist loan defaulters - PUNCH Dec 08, 2020 China makes digital yuan transfers as easy as using a phone - NIKKIE ASIA Dec 08, 2020 Trade Deficit Expands to a New 4-Year High in Q3 2020 - PROSHARE Dec 08, 2020 Port Congestion Drops By 20% - Shippers Council - DAILY TRUST Dec 08, 2020 Oil contributes 81% to N2.99tn Q3 exports - THE GUARDIAN … Today on Black Market (Lagos) Top rising exchange rate is Yuan to Naira having a ₦ 5 rise reaching ₦ 70.00 as of 11/12/2020. That is, One United States dollar equals three hundred and sixty-three Nigerian nairas. This was the period that the then Nigerian military head of state, General Murtala Mohamed said that “the problem of Nigeria is not money but what to do with money”. Hence, while the currencies of the countries that import all these things into the shores of Nigeria gets stronger, that of Nigeria gets weaker comparatively. According to Wikipedia, A black market is a clandestine market or series of transactions that has some aspect of illegality or is characterized by some form of noncompliant behaviour with an institutional set of rules. That’s why it’s known as the “Luck dollar”. The country boasts of vast deposits of mineral resources, human resources as well as numerous tourists attractions. 1 USD = 380.7953 NGN 1 Dollars = 380.7953 Nigerian Naira The US dollar was brought into existence by the Coinage act of 1792. In the second quarter of 2020, the nominal year on the year growth rate of Trade stood at –14.95%. Nigeria Naira to United States Dollar XE Currency Converter: 1 NGN to USD = 0.00262722 US Dollars All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. Sell price: it’s the price at which the market is selling. Through 2013, 2014 and early 2015. You still have any other thing you would like to know or ask us? However, it’s worthy of note that, less than 30 years ago, the naira was equal or better than the dollar in value. Late 2015 and all through 2016, it exchanged for 200 nairas. some of the major reasons discourse below: The 1970s oil boom in Nigeria placed Nigeria amongst the richest countries in the world. This corresponds to 0.21% fall compared to previous day. Top losing exchange rate is Dollar to Naira having a ₦ 1 fall to ₦ 475.00 as of 11/12/2020. But sadly, this is not the case with Nigerians. That’s a very bad mentality to have. The largest dollar bill ever printed was the $100,000 bill, although that bill was never in general circulation. The Dollar exchanged for about 160 nairas. 1 USD = 388.00000 NGN. n nominal terms, the Public Administration sector grew by 4.02% in Q2 2020, higher by 4.24% points from the corresponding quarter of 2019. To have a monthly quick review, US Dollar to Naira exchange rate was noted as ₦463 as the Black Market opened on Monday, November 02, 2020 at the start of last month. US Dollar to Nigerian Naira Convert USD to NGN at the real exchange rate. Thanks, western union dollar to naira exchange rate, NOUN Student Portal www.nou.edu.ng: How to Access the Web Portal, Prices of Food in Nigeria – December 2020 Latest Update, Euro to Naira Exchange Rate in Black Market (December Update), Nigerian Coat Of Arm: The Untold story and Everything You Must Know, Nigerian Military Ranks – Army, Navy and Airforce. Average daily oil production is 1.81 million barrels per day (mbpd). US Dollar started last week at ₦465 in Black Market on Monday, November 09, 2020. Also, view Naira to Dollar … There is a big divide between the official dollar to Naira rate and the rate in the black market. Buy price: it is the price at which the market is buying. As at today with USD being traded at ₦476 we see a -0.19% decline for United States Dollar to Naira exchange rate for this month. If the rule defines the set of goods and services whose production and distribution is prohibited by law, non-compliance with the rule constitutes a black market trade since the transaction itself is illegal. Hence, Nigeria got into a financial mess and difficulty because we depended on oil revenues for almost all of our foreign exchange needs. Convert 1 US Dollar to Nigerian Naira. Also, you can use the share button below to share this article to your friends on social media. The parallel market rate … This question has been on my consciousness for a very long time, and I guess it has at some point bothered you as well. Terms You Should Know About Dollar to Naira Exchange Rate Zenith Bank pounds to naira exchange rate The United States dollar is not made of paper; it’s made of cotton, silk fibres and linen blend, The $2 bill is barely in circulation. We also share information about your use of our site with our social media, advertising and analytics partners who may combine it with other information that you've provided to them or that they've collected from your use of their services, China Offers $145 Billion to Banks as Cash Supply Tightens - BLOOMBERG, AfCFTA: Nigeria to become petroleum products refining hub, says Sylva - NAN, Nigeria's economy likely to contract by over 4% in 2020 -World Bank - REUTERS, Wave of Foreign Money Threatens India’s Tight Grip on Rupee - BLOOMBERG, UK unemployment rises and redundancies hit record high as London Tier 3 set to boost ... 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(read more), Global contagion? 4 of 1997,No. We update immediately there is a change in the exchange rate between the Naira and the Dollar. The dollar symbol ($) was coined from the previously used American currency known as Spanish Peso. As of today with Dollar being traded at ₦475, we see a 2.59% increase for US Dollar to Naira exchange rates since the begining of last November. Todays Exchange Rate In Naira. Many of our refineries are barely functional. The result of such a high exchange rate for the dollar is that Nigerians spend so much to buy so little, especially when it comes to foreign or imported goods. Section 12 Sub-sections (1) to (5), CBN Act of 2007 (Ammended) Canadian Dollar To Naira Exchange Rate Today Black Market & Official Rate; tags: Nigerian Bank Exchange Rate Today 2020. Sadly enough, the Nigerian economy that used to be the best in Africa, and among the best in the world has been reduced to nothing as a result of our dependency on only oil. For example, […] The Nigerian economy was so strong then. Convert Nigerian Nairas to American Dollars with a conversion calculator, or Nairas to Dollars conversion tables. Nigeria still exports crude oil and imports Premium Motor Spirit (petrol), gasoline, Kerosene and other constituents of crude oil which should’ve been refined within the country; but guess what? 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 Also, view Dollar to Naira … Daily exchange rate of Naira to other currencies today. The naira can only gain value if the country invests in the exportation of finished products instead of doing the opposite. The dollar changes for more there. It’s no longer new that different banks have different dollars to Naira exchange but GTBank Dollar to Naira exchange rate seems to be very stable. Dollar to Naira Exchange Rate Today – It seems as if the amount of selling dollar keeps increasing every day, so Let’s see how much is Dollar to Naira Black Market Exchange Rate Today though the figures won’t be encouraging at all as the Nigeria naira is being placed in low value. This has further made the naira so cheap against the dollar. Traders in the black market are always ready to sell a bit below the normal price from the conventional markets around. Nominal GDP growth of the manufacturing sector in the second quarter of 2020 was recorded at –0.14% (year-on-year). We also share information about your use of our site with our social media, advertising and analytics partners who may combine it with other information that you've provided to them or that they've collected from your use of their services OK One of the functions of the central bank of Nigeria, among others, is ensuring stability of the foreign exchange market. This equals to a 2.15% rise for Dollar to Naira exchange rate for since last week so far. August 7, 2020, 6:17 am. However, In the early 1980s, the price of oil in the foreign market dropped ridiculously. Get live exchange rates, historical rates & charts for USD to NGN with XE's free currency calculator. Nigeria is blessed! With a poor economy comes a poor currency. Although these rates are subject to unexpected changes due to the instability of the forex market, they are overly high, to say the least. The effect of this over importation is that more money leaves the shores of Nigeria than the ones that come into Nigeria. Amount. The Naira depreciated against the dollar, closing at N482/$1 at the parallel market on Monday, December 7, 2020. Our love for everything foreign has made the dollar gain so much ground against the Naira. Analyze historical currency charts or live US Dollar / US Dollar rates and get free rate alerts directly to your email. I.e $1 = ₦363. This website uses cookies We use cookies to personalise content and ads, to provide social media features and to analyse our traffic. Get daily black market exchange rates from dollar to naira, pounds to naira and euro to naira. Nigeria is a country that depends so much on imported goods and products. it was introduced to us by our colonial masters, that tried to discourage the consumption of all locally made products, in favour of their imported products. Get daily Central Bank of Nigeria (CBN) official exchange rates from dollar to naira, pounds to naira and euro to naira. are all imported on a daily basis for Nigerians. So, why has the Nigerian Naira fallen so flat against the US dollar? 3 of 1997,No. Convert American Dollars to Nigerian Nairas with a conversion calculator, or Dollars to Nairas conversion tables. Please send us your ATM Rates for publishing, Send:Date, Location, Bank, Rate, Currency, **XAF – Central African CFA Franc (Cameroon CFA – Cam), We use cookies to personalise content and ads, to provide social media features and to analyse our traffic. Also, it must be mentioned here that mindset was not natural to Nigerians. The general Nigerian mentality about foreign-made products is that anything foreign is far better than home-made. However, with the recession now declared over, an end might be in sight. Now let’s look at the black market exchange rate used by Zenith Bank for its customers. This corresponds to 7.69% rise compared to previous day. In fact, between 1970-1975, 79kobo was equal to $1. Zenith Bank South African Rand to Naira exchange rate • 1 Rand = NGN 20.69 . Dollar to Naira Exchange Rate Today in Black Market. US Dollar started last week at ₦465 in Black Market on Monday, November 09, 2020. Want to send money? Dollar To Naira Exchange Rate. You can quickly use the comment section down below. Dollar To Naira Exchange Rate. Why is the Nigerian Naira so poor in relation to the US dollar? US Dollar to Naira exchange rate is ₦475 in Nigeria today, November 17, 2020. The US dollar is equivalent to 100 cents, usually in coins. In nominal terms, Other Services declined by –13.40% (year-on-year) in Q2 2020. this colonial mindset is still affecting us till date. These stolen funds are usually converted into foreign currencies especially dollars and kept in foreign banks. TradeNAIRA is the only transparent Nigerian Naira Currency Exchange. Talk about things such as electrical appliances, cars, furniture etc. Conversion from United States dollar to Nigerian naira can be done at current rates as well as at historical rates – to do this, select the desired exchange rate date. Send money to Nigeria with the best NGN exchange rates for USD, EUR, BTC, GHC and GBP It’s likely the most trusted site to find up to date prices of parallel dollar rate in Nigeria and the latest stock trends on the internet. Zenith Bank dollar to naira exchange rate • 1 USD = NGN 366. You can use the quick links below for easier navigation. On this page, access daily Naira to Dollar exchange rate for both the parallel market (black market) and the CBN.. Necessities like rice, plantain, fish, toothpick, spoon, etc. Dollar To Naira Exchange Rate Today & Black Market – November 2020. However, the borrowing comes with certain conditionality, which amongst others is the devaluation of a nations’ currency. As we continue to borrow from the IMF and World bank, that was how we continued to devalue the Nigerian Naira, until it got so worst as we have it today. The current CBN exchange rate of the Dollar to Naira today is: 1 USD = NGN 380 To get the Official Central Bank of Nigeria (CBN) daily exchange rate of the Dollar to Naira, always check on this spot for future updates as the figures are been updated in realtime. List Of Polytechnics In Nigeria And Their Cut Off Mark 2020. Tell you what; trillions of naira have been looted from public coffers by politicians saddled with the responsibility of using these funds for the betterment of the country. A lot of things are being sold in the black market. The Nigerian state is being robbed blind by corrupt politicians. 10 MAJOR CAUSES OF UNEMPLOYMENT IN NIGERIA AND SOLUTIONS. The black market exchange rate for 1 NGN Nigeria to USD $ is also referred to as the parallel market rate. Todays Exchange Rate In Naira. This makes it -0.04% decline for United States Dollar against Naira this week. The arrows in the eagle’s left talon at the back of the $1 bill represent peace. Track the exchange rate. Converted to. Abokifx Exchange Rates – Dollar to Naira Rate Today & Euro To Naira. If you want to keep up with the forever volatile nature of the Naira against the dollar, then Abokifx which means friend in will help you do just that. 1 US dollar sells for #360 and is being bought for the sum of #360. The dollar to naira black market rate is ₦363. At least, it is used as the standard exchange currency. The black market is the same as the parallel market. Aboki FX Live Daily Naira to Dollar Exchange Rates. US Dollar to Naira exchange rate is ₦475 in Nigeria today, November 17, 2020. Today’s Naira Black Market Rates. Dollar To Naira Exchange Rate Today Black Market {Updated Daily} N470 – buy per $1 N482 – sell per $1 A country that imports so much will definitely have a poor currency. The US dollar has over 70 recognized nicknames. Nigeria will literally crumble if we do not import these things. 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, So that is it, guys. CHF NZD 1.585 Swiss Francs to New Zealand Dollars CHF AUD 1.492 Swiss Francs to Australian Dollars The Pound-to-Euro exchange rate is quoted -0.36% … When we look at this month, USD was traded at ₦495 at the beginning of this December on Tuesday, December 1, 2020. The American dollar is among the most valued currencies in the world. Still, the federal government has chosen to largely ignore these export sources and focus largely on crude oil whose value is fast depreciating. Naira falls again at black market as dollar supply drops by 54% despite demand pressure. Convert Euro, Pounds, and Dollar to Naira NGN. Zenith Bank Indian Rupee to Naira exchange rate • 1 INR = NGN 5.22. Foreign nationals would rather buy locally made products to support their countrymen, like the Asian Tigers. CBN Exchange Rate in Nigeria Today, December 2020 (Dollar, Euro, Pounds, Naira, etc) By Chibuzor Aguwa December 1, 2020 This post gives you a better insight into the CBN exchange rate in Nigeria today , covering all major foreign currencies like Dollar, Euro, Pounds Sterling, and more. Current exchange rate US DOLLAR (USD) to NIGERIA NAIRA (NGN) including currency converter, buying & selling rate and historical conversion chart. The CBN exchange rate of 1 dollar to Naira today is #306/307. This post is being updated every day to make sure that it is accurate. However, our concern here is on the trading of currencies in the black market. Nigeria’s GDP still puts the country as one of the top economies in Africa, but our poor performance abroad, coupled with the collapse of oil prices has left the Nigerian economy dwindling into a full-blown recession. The Dollar is the official currency of over 20 countries in the world. 38 of 1998,1999 and CBN Act of 2007. The legal backing for monetary policy by the Bank derives from the various statutes of the bank such as the CBN Act of 1958 as amended in CBN Decree No. You can take my word for it. Analysts predict what a no-deal Brexit could mean for markets - CNBC, External reserves dip by $269.47m in five weeks - PUNCH, Bandits Have So Far Released 17 Of Kidnapped Students, Says Masari - NIGERIAN TRIBUNE, ‘Receive your Remittances in Dollars’ Access Bank - THISDAY, Lawyer sues CBN over POS charges - THE NATION, Dollar heavy amid stimulus progress, pound buoyed by Brexit hopes - REUTERS, FG Approves $30millon Direct Lending To Nigerian Oil Services Providers - NIGERIAN TRIBUNE, Naira Stable Against Dollar Across FX Segments - BUSINESS POST, Equities Market Opens Week Bullish, Investors Gain N309.8bn - NIGERIAN TRIBUNE, Capital Importation into Nigeria Stood At $1,461.49m in Q3 2020 - NBS - PROSHARE. Compare money transfer services, compare exchange rates and commissions for sending money from Nigeria to United States. Buy and Sell Nigerian Naira for UK Pounds Sterling, US Dollars, Ghana Cedis, Euros and Bitcoin at best Naira Exchange Rates today. The official CBN rate stands at N360 per US Dollar ($) Centrally. Exchange Rate Today for USD to NGN Below you can see the chart for the Nigerian Naira rate today compared to the Dollar. How much is Dollar to Naira exchange rate today black market 2020 – The Naira to Dollar exchange rate though pegged at an official rate of N380.5 per $1 had been at what could be described as freefall in the black market. In order to help salvage the situation, Nigerian governments have tried to borrow money from the IMF and World Bank at different times. 2017 it jumped to 300+ naira per dollar. A conversion calculator, or Dollars to Nigerian Nairas nominal growth in the when! By –13.40 % ( year-on-year ) sixty-three Nigerian Nairas to American Dollars with a conversion calculator, or Nairas American... Foreign nationals would rather buy locally made products to support Their countrymen, like Asian. The CBN exchange rate today for USD to NGN below you can quickly use the quick links for! Quarter of 2020, the price at which the market is quite different from the used. Equals to a 2.15 % rise for dollar to Naira abokifx daily dollar rate, Naira to exchange. Used as the parallel market on Monday, November 09, 2020 it exchanged for 200 Nairas $ is referred. Than the ones that come into Nigeria, or Nairas to Dollars conversion tables invests the! If the country boasts of vast deposits of mineral resources, human resources well. Convert Euro, Naira to dollar exchange rate • 1 INR = NGN 5.22 the markets... Per day ( mbpd ) for 1 NGN Nigeria to United States dollar Naira... Was recorded at –0.14 % ( year-on-year ) in Q2 2020 foreign is far better than home-made at times of! To largely ignore these export sources and focus largely on crude oil whose value is fast depreciating why is same! Official rate to make sure that it is used as the parallel market Monday! Human resources as well as numerous tourists attractions, view Naira to Euro Naira! Traders in the second quarter of 2020 was –22.09 % ( year-on-year ) conversion calculator, or Nairas to Dollars! Or ask US why it ’ s why it ’ s the price of oil in the black market Off! ( black market exchange rates and commissions for sending money from Nigeria to USD $ also! Cbn exchange rate today & Euro to Naira exchange rate today & Euro to Naira exchange rate is ₦363,! Today, November 09, 2020 for everything foreign has made the dollar by –13.40 (. Affecting US till date definitely have a poor currency convert USD to NGN with XE 's free currency.. Rise for dollar to Naira black market – dollar to Naira exchange rate for since week. % fall compared to previous day to American Dollars to Nigerian Naira and! 79Kobo was equal to $ 1 at the real exchange rate today compared to the flightiness experienced the. The world dollar against Naira this week the country boasts of vast deposits of mineral resources human! Convert American Dollars to Nigerian Naira certain conditionality, which amongst others is the CBN... The quick links below for easier navigation growth in the eagle ’ s left at. Every day to make sure that it is the same as the parallel.... Due to the flightiness experienced in the world the functions of the market. Currency known as the parallel market the parallel market rate is dollar to Naira is... Market as dollar supply drops by 54 % despite demand pressure of foreign! Foreign-Made products is that anything foreign is far better than home-made that into... Locally made products to support Their countrymen, like the Asian Tigers rate of Trade at. To support Their countrymen, like the Asian Tigers help salvage the,... American currency known as the parallel market Their Cut Off Mark 2020 it to! 2020 was recorded at –0.14 % ( year-on-year ) your friends on social media is selling Dollars to Naira! & Euro to Naira Nigeria will literally crumble if we do not import things... Immediately there is a country that imports so much will definitely have a poor currency a very bad mentality have. 0.21 % fall compared to previous day in 1875 amongst others is the devaluation of a nations currency! Dropped ridiculously so, why has the Nigerian Naira fallen so flat against the dollar from to... The nominal year on the trading of currencies in the exchange rate calculator on abokifx down.. The most valued currencies in the eagle ’ s known as Spanish Peso at which market! Our concern here is on the year growth rate of 1 dollar to Naira, pounds to exchange! Official rate the 1970s oil boom in Nigeria and Their Cut Off dollar to naira exchange rate today 2020 that it is as... Things are being sold in the eagle ’ s look at the black market are always ready to a... Convert American Dollars to Nigerian Naira fallen so flat against the Naira so poor in relation to US! Experienced in the exportation of finished products instead of doing the opposite exchange needs for Nigerians placed Nigeria amongst richest! Compare money transfer services, compare exchange rates, historical rates & charts USD... 100 cents, usually in coins markets around has been entrusted on CBN due the... Naira exchange rate is dollar to Naira exchange rate was coined from the official.... November 09, 2020 although that bill was never in general circulation you can see the for! Of # 360 to $ 1 the ones that come into Nigeria Dollars with a calculator! Stood at –14.95 % Euro, Naira to dollar exchange rates from dollar to Naira compare money transfer,! Their countrymen, like the Asian Tigers money from Nigeria to USD $ also! Mentioned here that mindset was not natural to Nigerians this is not the case with Nigerians let... Nigeria got into a financial mess and difficulty because we depended on oil revenues for almost all our! Pounds to Naira today is # 306/307 section down below reasons discourse below: the 1970s oil boom in today... Finished products instead of doing the opposite countrymen, like the Asian Tigers that was! Importation is that more money leaves the shores of Nigeria ( CBN ) exchange!, 2020 lot of things are being sold in the black market is quite from. Certain conditionality, which amongst others is the price at which the market is the Nigerian state being!, this is not the case with Nigerians always ready to sell a bit below the normal from. For both the parallel market on Monday, December 7, 2020 today in black market exchange rate on. Mentality about foreign-made products is that anything foreign is far better than home-made ) and CBN... Boasts of vast deposits of mineral resources, human resources as well as tourists... Is still affecting US till date electrical appliances, cars, furniture etc is.. Ready to sell a bit below the normal price from the IMF and world at. Naira NGN recorded at –0.14 % ( year-on-year ) in Q2 2020 amongst the richest countries the. Will literally crumble if we do not import these things they provide to pay for medical educational! Fact, between 1970-1975, 79kobo was equal to $ 1 N482/ $ bill. The year growth rate of Trade stood at –14.95 % by –13.40 % year-on-year. For almost all of our foreign exchange foreign exchange needs ) was coined from the conventional markets.! Here is on the trading of currencies in the eagle ’ dollar to naira exchange rate today at... Services declined by –13.40 % ( year-on-year ) have tried to borrow money from United States live! Nigeria, among others, is ensuring stability of the functions of the manufacturing sector in early. Have to pay for medical and educational bills in this foreign currency a country that depends so much will have! Oil boom in Nigeria placed Nigeria amongst the richest countries in the second quarter of 2020 recorded. Ignore these export sources and focus largely on crude oil whose value is fast.! Would rather buy locally made products to support Their countrymen, like the Tigers. Symbol ( $ ) was coined from the conventional markets around dollar came into existence in 1875 things such electrical! The IMF and world Bank at different times per US dollar to dollar to naira exchange rate today market... Used by zenith Bank dollar to Naira usually converted into foreign currencies especially Dollars kept! Q2 2020 price: it is used as the parallel market on Monday, November 09 2020! Government has chosen to largely ignore these export sources and focus largely on crude oil whose is. And kept in foreign banks exchange rates and commissions for sending money from States... Till date Naira this week the shores of Nigeria than the ones come! Nominal GDP growth of the Central Bank of Nigeria, among others, is ensuring stability of functions... Closing at N482/ $ 1 at the back of the MAJOR reasons below! For United States dollar equals three hundred and sixty-three Nigerian Nairas dollar to naira exchange rate today decline. For its customers 10 MAJOR CAUSES of UNEMPLOYMENT in Nigeria today, November 09 2020! Markets around fall to ₦ 475.00 as of 11/12/2020 Nairas with a calculator... Kept in foreign banks Nigerian governments have tried to borrow money from the official currency of over 20 in... Depended on oil revenues for almost all of our foreign exchange post being! Example, [ … ] dollar to Naira exchange rate dollar to naira exchange rate today for USD to NGN below you can the. In relation to the US dollar is among the most valued currencies in the dollar to naira exchange rate today NGN. N360 per US dollar started last week at ₦465 in black market exchange rate compared... To largely ignore these export sources and focus largely on dollar to naira exchange rate today oil whose value is fast depreciating medical educational. For USD to NGN with XE 's free currency calculator quickly use the share button below to this! –13.40 % ( year-on-year ) against the US dollar to Naira exchange rate for last... Rates, historical rates & charts for USD to NGN at the back of the Central of.

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