2002 $1 = N109-N113 (N122-N140 Black Market Rate) Click to share on Twitter (Opens in new window), Click to share on Facebook (Opens in new window). The Naira depreciated against the dollar, closing at N482/$1 at the parallel market on Monday, December 7, 2020. 1991 $1 = N8.04 (N9.30 Black Market Rate) Get live exchange rates for United States Dollar to Nigeria Naira including a chart showing the latest exchange rate history. 2005 $1 = N132-N136 38 of 1998,1999 and CBN Act of 2007. Get live exchange rates, historical rates & charts for NGN to USD with XE's free currency calculator. 2006 $1 = N128.50-N131.80 Select your currencies and the date to get histroical rate tables. With the history chart of this currency pairs you can review market history and analyze rate trends. Show: 11/13/20. Section 12 Sub-sections (1) to (5), CBN Act of 2007 (Ammended) This page shows the historical data for United States Dollar(USD) To Nigerian Naira(NGN) From Monday 21/09/2020 To Tuesday 13/10/2020. This page shows the historical data for CFA Franc (BCEAO)(XOF) To Nigerian Naira(NGN) From Tuesday 17/11/2020 To Wednesday 09/12/2020. This means it costs 361 naira to buy one U.S. dollar. Exchange rate history for the US Dollar and Nigerian Naira (USD/NGN). The United States dollar (USD) or the American dollar, is the official currency, or money, of the United States of America and is also used in a number of other countries outside the US. 1997 $1 = N21.89 (N84.58 Black Market Rate) Now you have seen the history of the Nigerian currency, below is the list of CBN exchange rate Dollar to Naira plus other foreign hard currencies such as Pounds Sterling to Naira, Euro exchange rate to Naira and the rest. 1998 $1 = N21.89 (N84.70 Black Market Rate) This is the, International 1 Nigerian Naira (NGN) = 0.00262 US Dollar (USD) NGN To USD Exchange Rates RSS … With the history chart of this currency pairs you can review market history and analyze rate trends. 37 of 1998,No. 1986 $1 = N2.02 (N3.90 Black Market Rate) Date Naira per US $ Date Naira per US $ 1972 0.658 1973 0.658 1974 0.63 1975 0.616 1976 0.62 1977 0.647 1978 0.606 1979 0.596 1980 0.550 (0.900 PM) 1981 0.61 1982 0.673 1983 0.724 1984 0.765 1985 0.894 (1.70 PM) This is the US Dollar (USD) to … 120 day | VALUTA FX. The following shows that day's exchange rate of the currency … Year 2018 United States dollar/Nigerian naira (USD/NGN) rates history, splited by months, charts for the whole year and every month, exchange rates for any … Exchange Rates Updated: Oct 19,2020 15:11 UTC. Forex ngn to usd exchange rate of dollar to naira as at 31st december 2017 united states dollar usd to nigerian naira ngn exchange rates nigerian naira ngn to us dollar usd history foreign currency us dollar to nigerian naira eth rate forex ngn zu usd handelssystem von dse. 1992 $1 = N9.91 2000 $1 = N85.98 (N105.00 Black Market Rate) 37 of 1998,No. Assume that the exchange rate for the USD/NGN is 361. Export to Excel Export this data to a CSV file which can be imported by Microsoft Excel. 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 … XE’s free live currency conversion chart for Nigerian Naira to US Dollar allows you to pair exchange rate history for up to 10 years. The exchange rate history on the table below shows the opening and closing exchange rate of the Naira against the United States Dollar (USD) from 1981 to date. US Dollar and Nigerian Naira, Below is a table showing 180 days of historical data for US Dollar (USD) to Nigerian Naira (NGN) from Thursday 18/06/2020 to Sunday 13/12/2020, BMO Exchange Rate Forecasts 2020 - 2021: Pound Sterling, Euro, US Dollar, Swiss Franc, Australian and Canadian Dollars, Optimism over the prospect of a UK-EU trade agreement helped to drive the Pound to US Dollar (GBP/USD) exchange rate higher, Euro Vulnerable as Vaccines Rolled out in the UK, US and Canada...but not the EU, Brexit Deal Alert: Euro Pound Exchange Rate Dips Below 0.91 Amid Reports Brexit Trade Deal is Close, GBP/AUD Exchange Rate Rises as Covid-19 Vaccine Rollout Boost UK Market Confidence. Required fields are marked *. Would you like to invert the currencies pairs? Narrowed Gap 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. Also you can see Nigerian Naira to US dollar and US dollar to Nigerian Naira prepared conversions. The naira/dollar exchange rate and the government’s policies to address the issue has a long history behind it. This page shows the historical data for Nigerian Naira(NGN) To United States Dollar(USD) From Monday 16/11/2020 To Tuesday 08/12/2020. 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. 1995 $1 = N21.89 (N71.70 Black Market Rate) The naira was introduced on 1 January 1973, replacing the Nigerian pound at a rate of 2 naira = 1 pound. View a graph which plots historical exchange rates for the US Dollar against the Nigerian Naira Invert table The table currently shows historical exchange rates for US Dollars per 1 Nigerian Naira. 2004 $1 = N127-N130 (N137-N144 Black Market Rate) 1984 $1 = N0.765 You should note that these exchange rates are being updated in … Your email address will not be published. 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. Get daily black market exchange rates from dollar to naira, pounds to naira and euro to naira. Get daily black market exchange rates from dollar to naira, pounds to naira and euro to naira. 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. These processes convert the organic matter within the rock (kerogen) into synthetic oil and gas. List of Courses Offered In Federal University Lokoja, Admission Requirements And Portal, During Beauty Pageant Miss Congo’s Wig Catches Fire (Miss Africa). 270 day | 2013 $1 = N153.21-N162.9 Section 12 Sub-sections (1) to (5), CBN Act of 2007 (Ammended) We would also give you a brief history … Invert the table to see US Dollars per 1 South African Rand. USD to NGN currency converter. An exchange rate between two currencies fluctuates over time. 2001 $1 = N99-N106 (N104-N122 Black Market Rate) With the history chart of this currency pairs you can review market history and analyze rate trends. Convert American Dollars to Nigerian Nairas with a conversion calculator, or Dollars to Nairas conversion tables. Live Exchange Rate. Not so long ago the Nigerian Naira was a very strong currency, so strong that in the 70’s and 80’s and to be specific as at 1979/1980 fifty five kobo (55k) could fetch you about one dollar ($1). 1978 $1 = N0.606 1974 $1 = N0.63 Invert the table to see US Dollars per 1 Nigerian Naira. Conversion of 1 ngn to usd displayed in three ways: 1 ngn to usd exchange rate, ngn to usd converter and ngn to usd live and history chart. 1979 $1 = N0.596 30 day | 1987 $1 = N4.02 (N5.90 Black Market Rate) 1994 $1 = N22.33 (N56.80 Black Market Rate) Historical Exchange Rates - 11 Dec 2020 EUR to USD 11 Nov 2020 to 11 Dec 2020 Currency Menu Welcome to the USD NGN history summary. 2012 $1 = N155.09-N161.5 The one who never steals, white as snow,our everlasting perfect presido, naira increased two times from 199-300 and 300-363. Compare money transfer services, compare exchange rates and commissions for sending money from Nigeria to United States. 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% … Now you have seen the history of the Nigerian currency, below is the list of CBN exchange rate Dollar to Naira plus other foreign hard currencies such as Pounds Sterling to Naira, Euro exchange rate to Naira and the rest. Nigerian Naira to US Dollar history, Or perhaps visit the currency HOME PAGES? 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. 2008 $1 = N115.50-N120 Section 12 Sub-sections (1) to (5), CBN Act of 2007 (Ammended) Naira falls again at black market as dollar supply drops by 54% despite demand pressure. Dollar started this week at ₦379.52 in foreign exchange markets on Monday, December 07, 2020. View a graph which plots historical exchange rates for the Nigerian Naira against the US Dollar Invert table The table currently shows historical exchange rates for Nigerian Nairas per 1 US Dollar. 2016 $1 = N300-N320 (N310-N370 Black Market Rate), Your email address will not be published. NGN to USD currency chart. Here is the daily update of the Access Bank exchange rate {Access bank dollar to naira exchange rate}. This page shows the historical data for Nigerian Naira(NGN) To Singapore Dollar(SGD) From Wednesday 04/11/2020 To Thursday 26/11/2020. Current exchange rate US DOLLAR (USD) to NIGERIA NAIRA (NGN) including currency converter, buying & selling rate and historical conversion chart. Source: free currency rates … Also, view Dollar to Naira … Convert foreign currencies instantly with the Abokifx calculator. 1990 $1 = N7.39 (N10.70 Black Market Rate) Exchange Rate History Dollar To Naira. 38 of 1998,1999 and CBN Act of 2007. 1989 $1 = N7.39 (N10.70 Black Market Rate) 1998 USD = 761238 NGN. Exchange. Todays Exchange Rate In Naira. With the history chart of this currency pairs you can review market history and analyze rate trends. With the history chart of this currency pairs you can review market history and analyze rate trends. 7 day | Get historic exchange rates for past US Dollar foreign expenses. 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. This page shows the historical data for Canadian Dollar(CAD) To Nigerian Naira(NGN) From Wednesday 04/11/2020 To Thursday 26/11/2020. 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 … Older generations would be able to relate to the good times better when the Naira was as strong as the Dollar but for the newer generation seeking the history of the Naira against the dollar this article should help you with that. Naira falls again at black market as dollar supply drops by 54% despite demand pressure. 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 … 60 day | This makes a 0.51% decrease for Dollar rate against Naira in FX market this week. 24 of 1991, CBN Decree Amendments 1993,No. This page shows the historical data for Nigerian Naira(NGN) To United States Dollar(USD) From Monday 16/11/2020 To Tuesday 08/12/2020. This page shows the historical data for Australian Dollar(AUD) To Nigerian Naira(NGN) From Thursday 22/10/2020 To Friday 13/11/2020. FED Preview: FOMC Commitment to Sustained Stimulus will Keep US dollar on Defensive, New Zealand Dollar no Longer a Buy, Greater Caution Over US Dollar Selling say Westpac, Welcome to the USD NGN history summary. Also, consider Nigerians who have to pay for medical and educational bills in this foreign currency. Find below Naira to Dollar exchange rate history 1972 $1 = N0.6581973 $1 = N0.6581974 $1 = N0.631975 $1 = N0.6161976 $1 = N0.621977 $1 = N0.6471978 $1 = N0.6061979 $1 = N0.596 Naira … Find Below Naira to Dollar Exchange Rate History 1972 $1 = N0.658 1973 $1 = N0.658 Trades speculated the natural range of the naira would be between 280 and 350 to the dollar. 1977 $1 = N0.647 Online currency converter English (US) Exchange rate history between the US Dollar and Nigerian Naira Latest Exchange Rates. 3 of 1997,No. CHART: This makes a 0.51% decrease for Dollar rate against Naira in FX market this week. 1985 $1 = N0.894 (N1.70 Black Market Rate) The figures below are the exchange rate of $1 to Naira. 1975 $1 = N0.616 The figures below are the exchange rate of $1 to Naira. View a graph which plots historical exchange rates for the South African Rand against the US Dollar Invert table The table currently shows historical exchange rates for South African Rands per 1 US Dollar. Compare money transfer services, compare exchange rates and commissions for sending money from United States to Nigeria. Invert the table to see Nigerian Nairas per 1 US Dollar. The USDNGN spot exchange rate specifies how much one currency, the USD, is currently worth in terms of the other, the NGN. The coins of the new currency were the first coins issued by an independent Nigeria, as all circulating coins of the Nigerian pound were all struck by the colonial government of the Federation of Nigeria in 1959, with the name of Queen Elizabeth II on the obverse. 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. Export to Excel Export this data to a CSV file which can be imported by Microsoft Excel. 2010 $1 = N148.21-N154.8 1976 $1 = N0.62 38 of 1998,1999 and CBN Act of 2007. 180 day | 2015 $1 = N199-N300 Example of NGN On Forex Markets . ... Exchange Rate History. 1996 $1 = N21.89 (N84.58 Black Market Rate) As of 20 June 2016, the naira was allowed to float, after being pegged at 197 to one US dollar for several months. Ever since the exploitation and discovery of crude oil in Nigeria, the major source of foreign currency (Forex) in Nigeria shifted from agriculture to crude oil hence the foreign reserves was deeply affected with the discovery of shale oil process of extracting oil, the crude oil price dropped significantly hence depleting the foreign reserves. According to Wikipedia: Shale oil is an unconventional oil produced from oil shale rock fragments by pyrolysis, hydrogenation, or thermal dissolution. Sign up for free USD NGN rate alerts or just get daily/weekly rates and news to your inbox? Who are the Hottest Nigerian Celebrities? With the history chart of this currency pairs you can review market history and analyze rate trends. The exchange rate history on the table below shows the opening and closing exchange rate of the Naira against the United States Dollar (USD) from 1981 to date. 1973 $1 = N0.658 Small currency converter of usd to ngn is published aside, where default value in converter is 1 USD to NGN , but you can you go to full currency converter with … Full history please visit USD/NGN Currency Exchange History 1982 $1 = N0.673 Exchange Rate History Dollar To Naira. Convert Nigerian Nairas to American Dollars with a conversion calculator, or Nairas to Dollars conversion tables. Get live exchange rates, historical rates & charts for NGN to USD with XE's free currency calculator. 1980 $1 = N0.550 (0.900 Black Market Rate) 1988 $1 = N4.54 (N6.70 Black Market Rate) 1 USD = 385.01 NGN. 24 of 1991, CBN Decree Amendments 1993,No. History. With the history chart of this currency pairs you can review market history and analyze rate trends. 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. Convert 1 Nigerian Naira to US Dollar. 2009 $1 = N145-N171 Forex ngn to usd exchange rate of dollar to naira as at 31st december 2017 united states dollar usd to nigerian naira ngn exchange rates nigerian naira ngn to us dollar usd history foreign currency us dollar to nigerian naira eth rate forex ngn zu usd handelssystem von dse. 2003 $1 = N114-N127 (N135-N137 Black Market Rate) Convert Nigerian Naira To United States Dollar . With the history chart of this currency pairs you can review market history and analyze rate … 2 yrs | Compare money transfer services, compare exchange rates and commissions for sending money from United States to Nigeria. 4 of 1997,No. 1999 $1 = N21.89 (N88-N90 Black Market Rate) Year 2017 United States dollar/Nigerian naira (USD/NGN) rates history, splited by months, charts for the whole year and every month, exchange rates for any day of the year. December 31/2017 – 360 / 363 When we look at the whole month, we see that USD to Naira exchange rate was ₦378.3727 on Tuesday, December 01, 2020 at the beginning of December. 4 of 1997,No. 2011 $1 = N151.05-N165.1 24 of 1991, CBN Decree Amendments 1993,No. Nigerian Naira(NGN) To US Dollar(USD) Currency Exchange Rates on 30 Jun 2020 (30/06/2020) This is the page of currency pairs on 30 Jun 2020, Nigerian Naira(NGN) convert to US Dollar(USD). 1 yr | The Naira depreciated against the dollar, closing at N482/$1 at the parallel market on Monday, December 7, 2020. Friday. 4 of 1997,No. Exchange Rates Updated: 14/Nov/20 17:09 UTC. 1993 $1 = N17.30 (N21.90 Black Market Rate) Importation was so bad that Nigeria which was one of the highest exporters of agricultural products became an importer to products such as rice, garri, cocoa and much more. Fast and Legal Ways to Send Money to Nigeria, Young Shall Grow Motors Terminals & Contact Addresses In Nigeria, CAC Nigeria: How To Check Online If Your Business Name Has Been Approved. 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. 1 Nigerian Naira (NGN) = 0.00262 US Dollar (USD) NGN To USD Exchange Rates RSS Feed. Convert 1 Nigerian Naira to US Dollar. Year 2018 United States dollar/Nigerian naira (USD/NGN) rates history, splited by months, charts for the whole year and every month, exchange rates for any … Convert USD to NGN Exchange Rates Updated: 07/Dec/20 02:09 UTC. 1 NGN = 0.0026 USD. During last 30 days average exchange rate of United States Dollar in Nigerian Nairas was 381.55374 NGN for 1 USD.The highest price of US Dollar in Nigerian Naira was Mon, 23 Nov 2020 when 1 US Dollar = 383.7672 Nigerian Naira.The lowest change rate in last month between US Dollars and Nigerian Naira currencies was on Mon, 23 Nov 2020. 3 of 1997,No. Re: History Of Naira To Dollar Exchange Rate (1972-2019) by Fragility6: 1:06pm On Aug 02, 2019 Under our Saint Obi president. Convert US dollar to Nigerian Naira, check current USD to NGN exchange rate, view live or history usd to ngn chart. 1 US Dollar (USD) = 380.504 Nigerian Naira (NGN) USD To NGN Exchange Rates RSS Feed. Full history please visit USD/NGN History 1972 $1 = N0.658 2014 $1 = N170-N199 Notify me of follow-up comments by email. 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. NGN to USD exchange rate is published here and is very accurate, updating 24/7 with live exchange rates. 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. 3 of 1997,No. We listed the daily updates of the Access Bank exchange rate of the Nigerian Naira to other foreign currencies like the US Dollar, Euro, and Pounds. The value of a currency relative to a third currency may be obtained by dividing one U.S. dollar rate by another. With the history chart of this currency pairs you can review market history and analyze rate trends. The most trusted platform to get the live exchange rates. 5 yrs, Choose alternative years (2010 onwards): 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, Would you like to INVERT currencies? Singapore Dollar(SGD) To Nigerian Naira(NGN) Exchange Rate History This page shows the historical data for Singapore Dollar(SGD) To Nigerian Naira(NGN) From Sunday 04/10/2020 To Monday 26/10/2020. 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 … Full history please visit NGN/USD Currency Exchange History 1981 $1 = N0.61 37 of 1998,No. 1983 $1 = N0.724 Year 2017 United States dollar/Nigerian naira (USD/NGN) rates history, splited by months, charts for the whole year and every month, exchange rates for any … Exchange rate history This table shows the historical value of one U.S. Dollar in Nigerian naira - PM = Parallel Market. 2007 $1 = N120-N125 Older generations would be able to relate to the good times better when the Naira was as strong as the Dollar but for the newer generation seeking the history of the Naira against the dollar this article should help you with that. Money Transfers, GBP USD Exchange Rate Outlook Improves on Signs of Brexit Deal Progress, GBP AUD Exchange Rate Edges Higher as Brexit Talks Continue, Pound Euro (GBP/EUR) Exchange Rate Holds Some Gains as Brexit Hopes Persist, Currency Exchange Rate (Dollar To Naira) In Black Market History. Also, view Naira to Dollar … Table of 1 US Dollar to Nigerian Naira Exchange Rate. It will be recalled before now (around 70s), the Naira enjoys a better exchange rate against the Dollar. Exchange rate history This table shows the historical value of one U.S. Dollar in Nigerian naira - PM = Parallel Market. The Naira was resilient and enduring, … The love for western made products also played a significant role in fall of the Naira currency as most products were imported into Nigeria which required Dollars to purchase hence making the demand for the Dollar a scarce commodity. Convert American Dollars to Nigerian Nairas with a conversion calculator, or Dollars to Nairas conversion tables. GBP/EUR has sustained some ground since yesterday amid Brexit hopes. Dollar started this week at ₦379.52 in foreign exchange markets on Monday, December 07, 2020. US Dollar to Naira exchange rate is ₦377.5836 in Nigeria foreign exchange markets (FX markets) today, December 12, 2020. Convert Nigerian Naira to US dollar, check current NGN to USD exchange rate, view live or history ngn to usd chart. On Facebook ( Opens in new window ) USD ( Buy/Sell ) 2020-12-11 rates are being updated in exchange! Times from 199-300 and 300-363 ( FX markets ) today, December,. Usd/Ngn currency exchange history convert 1 Nigerian Naira latest exchange rates and commissions for sending money from United to... Analyze rate trends in … exchange rate history between the US Dollar and US Dollar to Nigerian exchange... Narrowed Gap It will be recalled before now ( around 70s ), the Naira enjoys a exchange! To the Dollar, closing at N482/ $ 1 at the Parallel market on Monday, December,! 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Pairs you can review market history and analyze rate trends American Dollars Nigerian! White as snow, our everlasting perfect presido, Naira increased two times from 199-300 300-363. According to Wikipedia: Shale oil is an unconventional oil produced from oil Shale rock fragments by,... Free currency calculator thermal dissolution to Nigeria 1 at the Parallel market 1973 $ 1 = N0.658 1973 $ =. Nairas with a conversion calculator, or thermal dissolution ground since yesterday amid hopes. Dollar exchange rate history Dollar to Nigerian Naira prepared conversions January 1973, replacing the Nigerian pound a! Two currencies fluctuates over time and gas Dollar supply drops by 54 % despite demand pressure is an unconventional produced... Is published here and is very accurate, updating 24/7 with live exchange rates for United States, increased! Converter English ( US ) exchange rate history this table shows the historical data for Nigerian Naira Facebook ( in! ( Opens in new window ), 2020 up for free USD history. History this table shows the historical value of one U.S. Dollar in Nigerian Naira NGN!