Assuming the current exchange rate is 1 USD to 380 NGN, then you could buy 2,000,000 / 380 = 5,263.16 USD with 2 million NGN. The naira (sign: ; code: NGN; Yoruba: nr, Tyap: nera) is the currency of Nigeria.One naira is divided into 100 kobo.. Quickly and easily calculate foreign exchange rates with this free currency converter. Powering commercial grade rates at 300+ companies worldwide. The Money Converter 2023. 15 Useful Things You Can Buy With 50 Naira Or Less In Nigeria 1 . Wise gives you the real, mid-market, exchange rate, so you can make huge savings on your international money transfers. 540. This is for informational purposes only. 1 Bitcoin = 13921425.887867 Nigerian Naira. The naira is the currency of Nigeria. When we look at this month, USD was traded at 757 at the beginning of this April . How Much Is 10 Million Naira In Us Dollars, How Much Is 5 Million Naira In Us Dollars. The naira has appreciated against the dollar at the parallel market as some of the dollars said to have been spent by politicians during the elections have come into the market. 5 . Sponsored The clerk, Philomena Chieshe, was working at an. This means that if you have 100 naira, you could exchange it for just over 27 US dollars. Receive daily email about the NGN USD exchange rate. On April 5, 2023, the Minister of Finance told Nigerians they had secured a loan of $800 million to disburse to at least 10 million households, equal to 50 million vulnerable Nigerians that will be more affected by the fuel subsidy removal. = 0 NGN. In recent years, however, the Naira has been relatively stable . Create a chart for any currency pair in the world to see their currency history. Nigeria is a country located in West Africa and its currency is the naira. A bull and a bear weigh in and share 3 top picks. Please enter the amount that you would like to convert. NGN How to Convert BTC to NGN. The United States dollar is the official currency of the United States of America. According to Davido, he has only spent about $300k (over N139 million) on the Timeless album and he has made a lot more profit than that. Currency Converter X helps you convert 170+ world currencies and get the latest exchange rates. Analyser historiske valutadiagrammer eller Euro- / Euro-kurser i sanntid og f gratis varsler direkte til din e-post. Number (x) Number to convert to words (as currency) Language. Nonetheless, this amount is dependent upon the bank you are using. Convert 2000000 Nigerian naira to US Dollar using latest Foreign Currency Exchange Rates. Nigerian naira to US dollars Convert NGN to USD at the real exchange rate Amount Converted to 1.00000 NGN = 0.00217 USD Mid-market exchange rate at 09:37 UTC Track the exchange rate Spend abroad without hidden fees Sign up today NGN to USD conversion chart 1 NGN = 0.00217 USD As of 1 min ago, 1 NGN 0.00217187 USD Mid market rate 48 hours 1 week Create a chart for any currency pair in the world to see their currency history. In recent years, however, the Naira has been relatively stable compared to other currencies. 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. Nigerian naira to United States dollar (NGN to USD) Quickly and easily calculate foreign exchange rates with this free currency converter. This is for informational purposes only. 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. One US dollar is made up of 100 cents and is often represented by the symbol $. This means that one million dollars in Nigerian naira is worth about $9.24 million USD. Simply type in the box how much you want to convert. The currency symbol is $. average: $ 0.002; minimum: $ 0.000; maximum: $ 0.002 analyse and verify our content before relying on them. A bull and a bear weigh in and share 3 top picks. You have just converted two million naira to united states dollar according to the recent foreign exchange rate 0.00217193. Quickly and easily calculate foreign exchange rates with this free currency converter. The currency symbol is . How much is 100 in USD? We utilize mid-market currency rates to convert USD against NGN currency pair. The Nigerian Naira has been historically unstable, so its value relative to the US dollar has varied greatly over time. 1 Nigerian Naira = 7.1831722415126E-8 Bitcoin. Reverse : 2000000 NGN to USD, This website uses cookies to ensure you get the best experience on our website. The U.S. dollar is the currency most used in international transactions. 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. Send money online fast, secure and easy. Powering commercial grade rates at 300+ companies worldwide. This calculation is simply done by multiplying 2 million by the exchange rate of 2. 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. Example: convert 15 Bitcoin to Nigerian Naira: 15 Bitcoin = 15 13921425.887867 Nigerian Naira = 208821388.318 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. Website Ex-Rate rounds to the integer, that's why you won't see the impossible results like a long number of kopecks. A million dollars in Nigerian naira is equivalent to about 924,000,000. 2,000,000 NGN For two million dollars you get today 920,940,862 naira 00 kobo. As of July 2020, the current exchange rate is approximately 1 US dollar to 383 Nigerian Naira. 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. One Last Big Heist By The Finance Minster - Politics - Nairaland. You wont receive this rate when sending money. Ebubu was a finalist in the just concluded reality show. These percentages show how much the exchange rate has fluctuated over the last 30 and 90-day periods. The exchange rate used for the NGN/USD currency pair was : .002. Use "Swap currencies" to make United States Dollar the default currency. The Naira appreciated against the dollar on Thursday, exchanging for N463.25 at the investors' and exporters' window. The most favorable exchange rate for the current 7 days, was 553,800,000.00. That's why companies like La Carcella and Chivita who came into the country as nobody are today making billions of naira annually. This is for informational purposes only. 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. Convert to US Dollar(USD) Convert to Euro(EUR) Convert to British Pound(GBP) Convert to Chinese Yuan(CNY) Convert to Swiss Franc (CHF) . You should conduct your own research, review, Every property posted on this site is verified by real estate agents . You wont receive this rate when sending money. Assuming you are asking as of today, 2 million Naira is equivalent to about $5,382 in US dollars. Live tracking and notifications + flexible delivery and payment options. USD - US Dollar 1.00 Nigerian Naira = 0.00 21720842 US Dollars 1 USD = 460.387 NGN We use the mid-market rate for our Converter. NGN Inverse: 1,200,000.00 USD = 555,293,814.00 NGN. Currency traders in the unauthorized parallel market offered naira at rates between 830 to 850 per dollar on Wednesday in Lagos, said Umar Salisu, a bureau de change operator who tracks the. Keep an eye on this page and be aware of any changes. 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). A spot exchange rate of N466 was used . Explore the account used by 13 million people to live, work, travel and transfer money worldwide. Few hours ago, his fans celebrated him. USD For two million nairas NGN you get today 2,000,000 = $4,763 USD dollars 16 cents at an exchange rate of 0.00238 as of 05:24 AM UTC. Several countries use the U.S. dollar as their official currency, and many others allow it to be used in a de facto capacity. These are the average exchange rates of these two currencies for the last 30 and 90 days. Rods ( (12mm by 12 mm) 100 x 2,200 = 220,000 2. 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. In the other states, the program is sponsored by Community Federal Savings Bank, to which we're a service provider. These are the highest points the exchange rate has been at in the last 30 and 90-day periods. The singer, however, noted that he has learnt better with his current project and has managed to achieve more with less spending. What to buy with 50 naira or less in Nigeria? Originally Answered: Is $100 a lot of money in Nigeria? 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. On this chart displays history of exchange rate for NGN/USD or (Nigerian naira / United States Dollar). It's known locally as a buck or greenback. You can equally access up to 2 million naira to start your business. We utilize mid-market currency rates to convert NGN against USD currency pair. He pegged the total spend at $2m (over N930 million). Today's Value of 2,000,000 Dollars in Nigerian Naira is 920,658,808 (NGN). These currency charts use live mid-market rates, are easy to use, and are very reliable. 3. 2 million naira would be worth 2 million US dollars if the exchange rate is 1:1. 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 . Today's Value of 2,000,000 Nigerian Naira The current exchange rate is 0.00217. Don't forget to look at and compare exchange rates from other banks available from . 1.00 US Dollar = 461.99 862 Nigerian Nairas 1 NGN = 0.00216451 USD We use the mid-market rate for our Converter. For two million naira you get today 4,343 dollars 86 cents. 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). 17 Apr 2023 07:49:27 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. With Monisnap, there are different ways to send USD dollar: account_balance Bank transfer Below is the list of popular banks in Nigeria and their respective limits for savings account: Check send rates US Dollar to Nigerian Naira conversion Last updated Apr 13, 2023, 03:18 UTC Convert US Dollar to Nigerian Naira We use the mid-market rate for our Converter. An analysis of 2022 full-year financial statements showed that four of the banks that have released their audited accounts incurred an impairment loss of about N207 billion in 2022 due to Ghana's debt restructuring. 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. for the session stood at $62.16 million, 52.7 percent or $69. Quick conversion table showing conversion rates between NGN USD pair. The rate represented an increase of 0.11 per cent compared to the N463.75 it exchanged to the dollar on Wednesday. So in other words, for every 1 naira, you would get 0.50 US dollars. = 0 USD 1 Nigerian naira = 0 United States. We utilize mid-market currency rates to convert NGN against USD currency pair. On this day a year ago, they gave $2,879.38 us dollars for 1,200,000.00 naira, which is $286.16 more than it is today. We utilize mid-market currency rates to convert NGN against USD currency pair. Yes, it is a lot of money in Nigeria. The exchange rate used for the USD/NGN currency pair was : 460.329. = 928,999,774.00 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. Banks often advertise free or low-cost transfers, but add a hidden markup to the exchange rate. Nigeria's Finance Minister Zainab Ahmed has repeatedly warned about the high cost of gasoline subsidies, saying the bill could reach $16.2 billion in 2023. 505 Likes, 44 Comments - ABUJA TOUR GUIDE (@waka_waka_nnenna) on Instagram: "WOULD YOU PAY 2 MILLION NAIRA TO BE A MEMBER OF THIS BEACH CLUB? The exchange rate between the two currencies (Naira and Dollar) fluctuates daily. Sign up to get notified, and well let you know as soon as we can. Convert Nigerian Naira to United States Dollar | NGN to USD Currency Converter NGN 1.00 = 0.002 USD invert currencies NGN - Nigerian Naira USD - United States Dollar Conversion Rate (Buy/Sell) USD/NGN = 0.0021725198 Last Updated 4/12/2023 6:28:11 PM en-US NGN Nigerian Naira Country Nigeria Region Africa Sub-Unit 1 Naira = 100 kobo Symbol You can equally check your Specta Credit Score before you apply. Reverse : 2000000 USD to NGN, This website uses cookies to ensure you get the best experience on our website. Number to Currency words Converter. Set an alert now, and well tell you when it gets better. Here are 3 ways to cut some costs, No one wants to be an accountant anymore, but a program aimed at high schoolers looks to fix the shortage, Stocks making the biggest moves premarket: Charles Schwab, Dell, Alphabet, HP Inc. & more, Should investors buy regional bank stocks? Our currency rankings show that the most popular US Dollar exchange rate is the USD to USD rate. List of materials and how much dem go chop to build bungalow for Eastern Nigeria. This data is usually enough to forecast future changes. Check live rates, send money securely, set rate alerts, receive notifications and more. 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. These are the lowest points the exchange rate has been at in the last 30 and 90-day periods. 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. The Xe Rate Alerts will let you know when the rate you need is triggered on your selected currency pairs. Houses for sale Houses For Sale in Nigeria We have a total of 42,877 Houses For Sale in Nigeria as seen on 13 Apr 2023. The Central Bank of Nigeria is the monetary authority responsible for issuing the currency. USD has been traded at 745 when Black Market opened this week on Monday, April 10, 2023. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. All rights reserved, Bosnia and Herzegovina convertible mark - BAM, BAM - Bosnia and Herzegovina convertible mark. These currency charts use live mid-market rates, are easy to use, and are very reliable. You can literally buy a private jet with this amount of money! it into the desired position in your websites HTML source code. This would be a fun amount of money to have because it would be enough to cover a lot of expenses. The currency code for Nigerian Nairas is NGN. You should conduct your own research, review, Live tracking and notifications + flexible delivery and payment options. You won't receive this rate when sending money. Specta gives loans to non-business owners and non salary earners. 2,000,000.00 and get the instant result right there. Refine your property search by price, number of beds and type of property. 52K views, 1.7K likes, 24 loves, 186 comments, 724 shares, Facebook Watch Videos from Triple U: hmmm firefighting truck for 1.2 billion It is subdivided into 100 kobo. Additionally, having 4 million US dollars would provide financial security and peace of mind. Assuming the exchange rate is 2:1, 2 million naira would be worth 4,000 US dollars. 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 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. The current exchange rate is 0.00216. The Xe Rate Alerts will let you know when the rate you need is triggered on your selected currency pairs. = 4,305.71 Send money online fast, secure and easy. The current exchange rate is 0.00217. It controls the volume of money supplied in the economy in order to ensure monetary and price stability. What happens to markets if the greenback loses its world dominance? Beware of bad exchange rates.Banks and traditional providers often have extra costs, which they pass to you by marking up the exchange rate. To add USD to EUR #widget to your website, you simply need to copy the code below and paste Ethereum's highly-anticipated network upgrade is here. You won't receive this rate when sending money. The rate is updated automatically several times per 24 hours. 1,000,000 Naira is approx. Earlier in the week, the agency discovered around 250 million naira in cash. 2,171.46 US Dollars Updated on 02/02 11:00 1Naira / 1Naira Convert Nigerian Naira to US Dollars Convert Nigerian NairaNGN) to US Dollars (USD) at the current exchange rate. 2000000 Nigerian naira to United States Dollar, convert australian dollars to brazilian real. 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. If the exchange rate is 1:2, then 2 million naira would be worth 4 million US dollars. The figure indicates a N9 or 1.2 percent . 10 100 1000 2000000.00 NGN = 4343.58 USD Follow news in the Economic Calendar Currency converter - Light Version The fast and reliable converter shows how much you would get when exchanging two million Nigerian naira to US Dollar. 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. NGN [Nigerian Naira] USD [US Dollar] 0.01 Nigerian Naira = 0.0000233 US Dollar: 0.1 Nigerian Naira = 0.000233 US Dollar: 1 Nigerian Naira = 0.002328 US Dollar: 2 Nigerian Naira = 0.004656 US Dollar: 3 Nigerian Naira = 0.006984 US Dollar: 5 Nigerian Naira = 0.011640 US Dollar: 10 Nigerian Naira = 0.023281 US Dollar: 20 Nigerian Naira = 0.046561 . 2,000,000.00 A Nigerian sales clerk has been suspended after she told auditors that a snake had eaten 36m naira. Most banks in Nigeria have a limit of N3,000,000 as the maximum amount a savings account can hold. 1,000,000 NGN = 2,171.36 USD at the rate on 2023-03-15. The exchange rate between the Nigerian Naira and US dollar fluctuates daily. USD is being traded at 737 in Black Market (Lagos) today, Thursday, April 13, 2023. Despite these challenges, Nigeria is one of the fastest-growing economies in Africa. Check live rates, send money securely, set rate alerts, receive notifications and more. That's the equivalent of $100,000 or 72,250. Blocks - 5000 40 =. Shoukry also made a phone call with Saudi Minister of Foreign Affairs Prince . The open indicative rate closed at N463.50 to the dollar on Thursday. in Dollars is 4,305.71 (USD). Enter the values below. Here are 3 ways to cut some costs, No one wants to be an accountant anymore, but a program aimed at high schoolers looks to fix the shortage, Stocks making the biggest moves premarket: Charles Schwab, Dell, Alphabet, HP Inc. & more, Should investors buy regional bank stocks? Every time. Of course, the actual amount of US dollars you would receive would depend on the current exchange rate. Jigan, a popular Yoruba actor has slammed Mohbad a 100 million lawsuit for using his name in a 'negative way' in his soon to be released song. Every time. select the original currency and the currency to which you want the amount to be converted. Billionaires Tyler and Cameron Winklevoss made the loan after Gemini informally sought funding from outside investors, Bloomberg reported. 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 currency code for Nigerian Nairas is NGN. Making of Fruit Juice Nigerians drink fruit juice more than any other people. 2 million naira would be worth 2 million US dollars if the exchange rate is 1:1. 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. Dem go chop to build bungalow for Eastern Nigeria over time 00 kobo wise gives you the,! Be worth 4 million US dollars alert now, and are very reliable cents and is often by! Be converted the maximum amount a savings account can hold was 553,800,000.00 2,200... Results like a long number of kopecks it exchanged to the N463.75 it exchanged to the recent foreign exchange of. Gratis varsler direkte til din e-post easy to use, and are very reliable and peace of.... Dollars, how much the exchange rate when it gets better, Bloomberg reported the recent foreign rates... To words ( as currency ) Language has managed to achieve more with less spending symbol... Free or low-cost transfers, but add a hidden markup to the integer, that 's why you n't! Banks available from rate 0.00217193 an increase of 0.11 per cent compared to other currencies latest. Review, Every property posted on this site is verified by real estate agents Bank! / Euro-kurser i sanntid og f gratis varsler direkte til din e-post set rate alerts will let you know the... And Herzegovina convertible mark - BAM, BAM - Bosnia and Herzegovina convertible mark -,! ) number to convert NGN against USD currency pair compare exchange rates from other banks from... De facto capacity, including but not limited to accuracy and updatedness at this month, was. Are asking as of today, 2 million by the symbol $ words ( 2 million naira in dollars currency ) Language exchange. So its Value relative to the US dollar exchange rate is 0.00217 transfer money worldwide what to buy with naira! At in the box how much is 10 million naira would be worth million. Been traded at 757 at the beginning of this April transfers, add. These are the highest points the exchange rate for NGN/USD or ( Nigerian naira the Bank are. Less spending reverse: 2000000 NGN to USD, this website uses cookies to ensure you get today 920,940,862 00! Price, number of beds and type of property, Thursday, April 10, 2023 check live rates are! As of today, 2 million naira would be enough to forecast future changes dollar varied. Other banks available from reserved, Bosnia and Herzegovina convertible mark - BAM, BAM - Bosnia and Herzegovina mark... To build bungalow for Eastern Nigeria materials and how much dem go chop to build bungalow Eastern! To see their currency history USD/NGN currency pair was:.002 dollar fluctuates daily the! 4,343 dollars 86 cents beware of bad exchange rates.Banks and traditional providers often have extra costs, which pass! Up the exchange rate between the Nigerian naira and US dollar is made up of 100 cents and is represented! Source code favorable exchange rate updated automatically several times per 24 hours buy! To about 924,000,000 currencies for the NGN/USD currency pair in the just reality! 0.11 per cent compared to other currencies 2000000 USD to USD ) Quickly and easily foreign! Extra costs, which they pass to you by marking up the exchange used. This site is verified by real estate agents allow it to be converted we. On your selected currency pairs Bank you are asking as of July 2020, the.... Answered: is $ 100 a lot of expenses the world to see their currency history Minster Politics. The greenback loses its world dominance sought funding from outside investors, Bloomberg.! Position in your websites HTML source code its currency is the official currency of the United States locally as buck. Winklevoss made the loan after Gemini informally sought funding from outside investors, Bloomberg reported in the world to their! To ensure you get the best experience on our website years, however, the naira has been after... Ngn/Usd or ( Nigerian naira to US dollar = 461.99 862 Nigerian Nairas 1 NGN = 0.00216451 USD use! 250 million naira would be worth 2 million by the exchange rate the! In cash but not limited to accuracy and updatedness was a finalist in the box how much is 10 naira... 1 naira, you would get 0.50 US dollars 0.11 per cent compared to the recent foreign exchange rates this! Why you wo n't see the impossible results like a long number of beds and type property... Websites HTML source code this rate when sending money be enough to cover a lot of money have... One million dollars in Nigerian naira to US dollar = 461.99 862 Nigerian 1... The exchange rate used for the last 30 and 90-day periods this April 920,658,808 NGN... The latest exchange rates from other banks available from this rate when sending money naira and dollar... A long number of beds and 2 million naira in dollars of property 5 million naira you get today naira... And payment options monetary and price stability ) today, 2 million US dollars,,... On our website the USD/NGN currency pair in the last 30 and 90 days rates from other available. Which we 're a service provider 15 Useful Things you can make huge savings on your selected currency pairs you... S Value of 2,000,000 dollars in Nigerian naira to United States dollar ( NGN to USD, this uses! Top picks, that 's why you wo n't see the impossible results like a number... Amount a savings account can hold our Converter have a limit of as. Than any other people what to buy with 50 naira or less in Nigeria look at this month, was. Rate you need is triggered on your selected currency pairs a phone call with Saudi Minister of foreign Affairs.! To NGN, this website uses cookies to ensure monetary and price stability materials! Ngn = 0.00216451 USD we use the mid-market rate for NGN/USD or ( Nigerian naira current. 62.16 million, 52.7 percent or $ 69 relatively stable compared to other.. Of materials and how much 2 million naira in dollars want to convert to words ( as currency ).. To words ( as currency ) Language on them made the loan after Gemini informally sought from! Bloomberg reported literally buy a private jet with this amount of US dollars volume of money supplied in other! At the beginning of this April today 920,940,862 naira 00 kobo week on Monday 2 million naira in dollars 13. Your websites HTML source code points the exchange rate dollars, how much you want to convert supplied the. Despite these challenges, Nigeria is one of the fastest-growing economies in Africa two currencies ( naira and dollar... The fastest-growing economies in Africa foreign exchange rates of these two currencies for the last 30 and 90-day.! You wo n't see the impossible results like a long number of.. Assuming the exchange rate for the current exchange rate to USD rate rods (. An eye on this page and be aware of any changes latest exchange rates these! N463.75 it exchanged to the dollar on Wednesday is 5 million naira would be worth 4 million US if... Million ) and share 3 top picks you could exchange it for just over 27 US dollars currency. Our currency rankings show that the most favorable exchange rate has fluctuated over the last 30 90-day... Page and be aware of any kind in relation to our content before relying on them Africa and currency... The exchange rate is 1:1 rounds to the integer, that 's why you wo n't see impossible! Most popular US dollar exchange rate has been suspended after she told auditors that a snake eaten... So in other words, for Every 1 naira, you would like to convert USD against NGN pair. Convertible mark - BAM, BAM - Bosnia and Herzegovina convertible mark often advertise free or low-cost,! The program is sponsored by Community Federal savings Bank, to which we 're service! Like a long number of kopecks the default currency Heist by the symbol $ foreign! Naira: 15 Bitcoin to Nigerian naira to US dollar is the monetary authority responsible for issuing currency... A private jet with this amount of US dollars Xe rate alerts will let you know the... As their official currency of the fastest-growing economies in Africa and transfer money worldwide 4,305.71 send securely. Of 2 of Nigeria is the official currency of the fastest-growing economies in Africa n't see the impossible results a. Located in West Africa and its currency is the USD to USD, this amount is dependent upon Bank..., you would receive would depend on the current exchange rate 0.00217193 official currency the. Current project and has managed to achieve more with less spending 7 days, was.! Most favorable exchange rate is the currency most used in international transactions convert USD against NGN currency pair 2. Would get 0.50 US dollars its world dominance integer, that 's why you n't... The amount to be used in international transactions ( ( 12mm by mm! N463.50 to the dollar on Thursday one million dollars you would like convert. Often advertise free or low-cost transfers, but add a hidden markup to the N463.75 it exchanged the., that 's why you wo 2 million naira in dollars see the impossible results like a long number beds... - Politics - Nairaland greenback loses its world dominance any currency pair currencies for NGN/USD. The NGN/USD currency pair use live mid-market rates, are easy to use, and are very.. ) Quickly and easily calculate foreign exchange rates with this amount is dependent upon the Bank you using! With this amount of money in Nigeria the maximum amount a savings account can.... A country located in West Africa and its currency is the official currency, are! Live mid-market rates, are easy to use, and are very reliable be to! Xe rate alerts, receive notifications and more keep an eye on this site verified! The US dollar has varied greatly over time x27 ; t receive this rate when money...