Naira falls again at black market as dollar supply drops by 54% despite demand pressure. 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 $1 at N500, he can still afford to feed himself full. Export to Excel Export this data to a CSV file which can be imported by Microsoft Excel. 1960 Nigerian Naira = 5.1309 US Dollar There's a panic in the Nigerian market following a scarcity of dollars which came after market speculators began stocking up their dollar reserves. Saturday, 03 October 2020, 14:00 Lagos time, Saturday, 03 October 2020, 21:00 Singapore time. US Dollar to Naira exchange rate is ₦377.5836 in Nigeria foreign exchange markets (FX markets) today, December 12, 2020.Dollar started this week at ₦379.52 in foreign exchange markets on Monday, December 07, 2020. Todays Exchange Rate In Naira. The page provides the exchange rate of 1980 US Dollar (USD) to Nigerian Naira (NGN), sale and conversion rate. Small currency converter of ngn to usd is published aside, where default value in converter is 1 NGN to USD , but you can you go to full currency converter with … This makes a 0.51% decrease for Dollar rate against Naira in FX market this week.. Currencies 9 years ago. Nigerian Businesses face huge exposure to exchange rate risk as the CBN plan to devalue the Naira. 1960 NGN = 5.0818 USD. Use this USD to NGN converter ($ 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. Dollar To Naira Exchange Rate. Moreover, we added the list of the most popular conversions for visualization and the history table with exchange rate diagram for 1980 Japanese Yen (JPY) to US Dollar (USD) from Sunday, 13/12/2020 till Sunday, 06/12/2020. We added the most popular Currencies and CryptoCurrencies for our Calculator. 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. According to the Edo governor's media aide, N500 can feed a Nigerian but $1 cannot do anything in the US. The USDNGN spot exchange rate specifies how much one currency, the USD, is currently worth in terms of the other, the NGN. The buy rate for dollar to naira was used for this analysis. At the beginning of the year, the Naira traded at N360 to a dollar. The value of a currency relative to a third currency may be obtained by dividing one U.S. dollar rate by another. 1 usd to ngn Black Market vs MoneyGram. US Dollar started last week at ₦465 in Black Market on Monday, November 09, 2020. Nike Popoola Naira exchanged to the dollar at 490/$ in the parallel market on Wednesday, after it had sold for N500 on Monday. Get live exchange rates, historical rates & charts for NGN to CAD with XE's free currency calculator. Compare Dollar to Naira Exchange Rate at the open market and across money transfer services worldwide. 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 Nigerian Naira (NGN) from Tuesday, 15/09/2020 till Tuesday, 08/09/2020. Convert United States Dollar To Nigerian Naira . Calculator Use. The Dollar to Nigerian Naira exchange rate (USD NGN) as of 12 Dec 2020 at 10:51 AM. The page provides the exchange rate of 1980 Iraqi Dinar (IQD) to US Dollar (USD), sale and conversion rate. The Naira depreciated against the dollar, closing at N482/$1 at the parallel market on Monday, December 7, 2020. 1 Nigerian Naira = 0.0036 Singapore Dollar. Exchange Rates Updated: Sep 21,2020 12:27 UTC. Invert the table to see US Dollars per 1 Nigerian Naira. The Nigerian naira has continued to depreciate against the dollar at the exchange rate market. Full history please visit NGN/USD History Narrowed Gap 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. The page provides the exchange rate of 1980 US Dollar (USD) to Indonesian Rupiah (IDR), sale and conversion rate. US Dollar to Naira exchange rate is ₦475 in Nigeria today, November 17, 2020. 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 1 Nigerian Naira to Canadian Dollar. Today, the current CBN exchange rate of the dollar to naira is N380/$1. 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. 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. 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. This equals to a 2.15% rise for Dollar to Naira exchange rate for since last week so far. See other analysis below. 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. 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. You have currently selected the base currency United States dollar and the target currency Nigerian naira with an amount of 1 United States dollar. 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, Table of the exchange rate of dollar to Naira from 1972 till date. The naira was last week exchanging at N470 to dollar, losing N8 in the last four days. Get daily black market exchange rates from dollar to naira, pounds to naira and euro to naira. This table compares the rate of 1 USD to NGN at the black market against MoneyGram. For the Black Market, 1 Canadian dollar sells for NGN 278 and buys at NGN 286. 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. Following are currency exchange calculator and the details of exchange rates between Nigerian Naira (NGN) and Singapore Dollar (SGD). The page provides the exchange rate of 1980 Japanese Yen (JPY) to US Dollar (USD), sale and conversion rate. 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 US Dollar (USD) to Indonesian Rupiah (IDR) from Friday, 11/12/2020 till Friday, 04/12/2020. 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 In the menu, you can select the desired exchange rates of about 160 international currencies from the two lists. Naira and dollar The naira recorded a loss against the dollar to close N487/$1 at the parallel market on Wednesday, November 25, 2020. 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 … 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. 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. The Bureau De Change … 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 … It will be recalled before now (around 70s), the Naira enjoys a better exchange rate against the Dollar. 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. Convert Nigerian Naira to US dollar, check current NGN to USD exchange rate, view live or history ngn to usd chart. The adjustment was carried out on Thursday, August 6th 2020. 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