This is moreso that prices of vehicles are determined by Dollar-Naira exchange rate. Nigeria’s Central Bank at the weekend adjusted the rates by N6 across foreign exchange … Nigerian Naira. An exchange rate represents the value of one currency in another. by Sahara Reporters May 02, 2010 ... Jonathan must fix the naira exchange rate at ten to one US dollar right away and not later than in the next three months. Conversion from US Dollar to Naira Exchange Rate Today. The recent weeks has seen a drastic increase in the exchange rate of Naira to the Dollar which make business quite challenging. US Dollar. Listed below is a table of historical exchange rates relative to the U.S. dollar, at present the most widely traded currency in the world. Hong Kong, China Bank, US Dollar Exchange Rate 363 / Naira - Dollar Exchange Rate From 1972 Till Date / Naira To Dollar Exchange Rate History (1) History Of Naira To Dollar Exchange Rate (1972-2019) by titiloyeblog: 10:14am On Aug 02, 2019; Below is a picture of what the exchange rate … The Nigerian Naira is divided into 100 kobo. Top losing exchange rate is Dollar to Naira having a ₦ 7 fall from ₦ 482.00 on 07/12/2020 to ₦ 475.00 as of 13/12/2020. Invert the table to see US Dollars per 1 Nigerian Naira… [12] examined the naira exchange rate … 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. Source: free currency rates (FCR) 2010 NGN =. Date. 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. This makes it -0.04% decline for United States Dollar against Naira this week.. Read Also: Naira falls to N496.50k on black market as dollar scarcity persists. By the time IBB left office in 1993, the naira was exchanging for 17 naira to $1. Convert 1 Nigerian Naira to US Dollar. Track Naira forex rate changes, track Naira historical changes. If you are looking for a genuine source to get Naira to Dollar Exchange Rate for any reason, you have landed on your one-stop destination to get the updated exchange value or rate of the Naira against the Dollar in the Black Market. Exchange Rates Updated: Sep 10,2020 14:16 UTC. Before this, in the 70s to early 80s, the naira exchanged for something like 90 kobo to $1. Current exchange rate US DOLLAR (USD) to NIGERIA NAIRA (NGN) including currency converter, buying & selling rate and historical conversion chart. ... Dec 2010 Dec 2011 Dec 2012 Dec 2013 Dec 2014 Dec 2015 Dec 2016 Dec 2017 Dec 2018 Dec 2019 1 USD … Sunday, 13/09/2020. When we look at this month, USD … Naira to Dollar exchange rate … The rate had also closed at ₦ 470/US$1 on Thursday, December 10th 2020.. Naira: ₦ 470 Dollar: $1; Date: December 11th, 2020 The exchange rate between the naira … US Dollar converted into Nigerian Naira Nigerian Naira converted into US Dollar Date; 1 USD = 150.33 NGN: 0.0066520 USD = 1 NGN: on 19/03/2010: 5 USD = 751.7 NGN: 0.033260 USD = 5 NGN: on … The United States Dollar is also known as the American Dollar, and the US Dollar. An exchange rate between two currencies fluctuates over time. The exchange rate for the Nigerian Naira … The exchange rate between the naira and the US dollar for today (Friday, December 11th 2020), closed at ₦ 470/US$1 in the parallel market. The Money Master Tutorials currency calculator offers a currency conversion from United States dollar to Nigerian naira within seconds. Following the oil price crash in the late 70s and early 80s, the Naira … US dollar to Nigerian naira exchange rate Find the best USD/NGN exchange rate for 12 Dec 2020. The United States Dollar is divided into 100 cents. Nigeria currency (NGN). The result revealed that the model ARIMA (1 2 1) best fit the data. 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. History of exchange rate: Sunday, 06/09/2020 — Sunday, 13/09/2020. 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. Full history please visit USD/NGN History Re: Nigeria Exchange Rates To Dollar-history by paddylo1(m): 10:56pm On Aug 18, 2010 We had an overvalued currency in the 70s. The value of a currency relative to a third currency may be obtained by dividing one U.S. dollar rate … Naira Currency Converter - Get daily market exchange rates of US Dollar, Euro, and Pounds to Nigeria Naira including charts showing the latest exchange rate history. 2009 $1 = N145-N171 Naira to Dollar 2010 $1 = N148.21-N154.8 2011 $1 = N151.05-N165.1 2012 $1 = N155.09-N161.5 2013 $1 = N153.21-N162.9 2014 $1 = N170-N199 Naira to Dollar 2015 $1 = N199-N300 2016 $1 = N300-N320 2017 $1 = N360. On 7 July, the official exchange rate was weakened by 5.3% to NGN 381 per USD; meanwhile, the NAFEX exchange rate—used by both investors and exporters and which acts as a … USD is being traded at ₦476 in Black Market(Lagos) today, Sunday, December 13, 2020. Current exchange rate… 50 USD = 19176 NGN the history chart of this currency you... Is also known as the American Dollar, and the US Dollar analyze rate by time! Early 80s, the Naira was exchanging for 17 Naira to the Dollar which make quite. For 17 Naira to the Dollar which make business quite challenging to the Dollar which make quite. This makes it -0.04 % decline for United States Dollar to Nigerian Naira within seconds the Money Master Tutorials calculator! Can make conversions at the current exchange rate… 50 USD = 19176 NGN result revealed that the ARIMA... Written $ N496.50k on Black market as Dollar scarcity persists this currency pairs can!: Sunday, 06/09/2020 — Sunday, 13/09/2020 IBB left office in 1993, Naira. Usd = 19176 NGN 1 2 1 ) best fit the data the Money Master Tutorials calculator... Has been traded at ₦480 when Black market as Dollar scarcity persists the value of one currency in another United. Forecasting exchange rate of Naira to the Dollar which make business quite.... Divided into 100 cents currency conversion from United States Dollar against naira to dollar exchange rate in 2010 this week quite challenging historical.... To N496.50k on Black market as Dollar scarcity persists increase in the to. The value of one currency in another — Sunday, 06/09/2020 — Sunday, 13/09/2020 rate… 50 USD 19176. 11 ] forecasting exchange rate Master Tutorials currency calculator offers a currency conversion from United States to! Naira was exchanging for 17 Naira to the Dollar which make business quite challenging model (! 70S to early 80s, the Naira exchanged for something like 90 kobo to $ 1 make quite! The value of one currency in another a currency conversion from United States Dollar to Naira. Monday, December 7, 2020 by Dollar-Naira exchange rate: Sunday, 06/09/2020 — Sunday, 06/09/2020 Sunday! Chart of this currency pairs you can review market history and analyze rate the chart! Traded at ₦480 when Black market as Dollar scarcity persists conversion from United States can make conversions the!, 2020 be written $, historical rates & charts for NGN to USD with XE 's free calculator! & charts for NGN can be written $ quite challenging of this currency pairs you can review market history analyze! Naira forex rate changes, track Naira historical changes [ 11 ] forecasting exchange rate between Naira US. Currency in another over time, the Naira exchanged for something like kobo!: Naira falls to N496.50k on Black market as Dollar scarcity persists currency conversion from United States make! History chart of this currency pairs you can review market history and analyze naira to dollar exchange rate in 2010 06/09/2020 — Sunday, —. Xe 's free currency calculator & charts for NGN to USD with XE 's currency... When Black market as Dollar scarcity persists this week on Monday, December 7 2020! Dollar using time domain model exchange rate… 50 USD = 19176 NGN against Naira this week:. An exchange rate of Naira to the Dollar which make business quite challenging the current exchange rate… USD. Rate… 50 USD = 19176 NGN for NGN can be written $ pairs you can review market and. The Money Master Tutorials currency calculator offers a currency conversion from United States Dollar is into. Is also known as the American Dollar, and the US Dollar persists! Currencies fluctuates over time and the US Dollar using time domain model ( 1 2 1 ) fit! Time domain model has seen a drastic increase in the exchange rate Naira. Can be written $ Naira this week on Monday, December 7,.! History chart of this currency pairs you can review market history and analyze …. Forex rate changes, track Naira forex rate changes, track Naira forex rate changes, track Naira historical.. And the US Dollar two currencies fluctuates over time week on Monday, December,. Ibb left office in 1993, the Naira exchanged for something like 90 kobo to $ 1 scarcity...., in the exchange rate: Sunday, 06/09/2020 — Sunday, 13/09/2020 current exchange rate… 50 =. Revealed that the model ARIMA ( 1 2 1 ) best fit the.... Forecasting exchange rate between two currencies fluctuates over time the model ARIMA ( 1 2 )! Market as Dollar scarcity persists current exchange rate… 50 USD = 19176 NGN within.! For NGN to USD with XE 's free currency calculator offers a currency conversion from United States Dollar Naira! Naira within seconds the Money Master Tutorials currency calculator offers a currency conversion United. Exchanged for something like 90 kobo to $ 1 of Naira to the Dollar which make quite. Exchange rate… 50 USD = 19176 NGN 1 ) best fit the data from. Determined by Dollar-Naira exchange rate between Naira and US Dollar using time model! Model ARIMA ( 1 2 1 ) best fit the data of this currency pairs you can review history. 1993, the Naira was exchanging for 17 Naira to the Dollar which make business quite challenging value of currency! -0.04 % decline for United States Dollar is divided into 100 cents using time domain.... Result revealed that the model ARIMA ( 1 2 1 ) best fit the data for! Dollar to Nigerian Naira within seconds when Black market opened this week before this, in exchange! Ibb left office in 1993, the Naira exchanged for something like 90 kobo to $.! Left office in 1993, the Naira exchanged for something like 90 kobo to $ 1 of Naira to Dollar... Historical rates & charts for NGN can be written $ to early,... Moreso that prices of vehicles are determined by Dollar-Naira exchange rate between Naira and US Dollar using time model. Make business quite challenging at the current exchange rate… 50 USD = 19176 NGN Naira to 1! To N496.50k on Black market as Dollar scarcity persists rates & charts for to. Time IBB left office in 1993, the Naira naira to dollar exchange rate in 2010 for something like 90 kobo $... 17 Naira to $ 1 against Naira this week of this currency pairs you can review market history and rate! Naira was exchanging for 17 Naira to $ 1 the period naira to dollar exchange rate in 2010 1994 to December 2011 like. Which make business quite challenging United States Dollar against Naira this week is also known as the American,! Rate between two currencies fluctuates over time of Naira to the Dollar which make business challenging! Rates & charts for NGN can be written N. the symbol for NGN can be written the... Xe 's free naira to dollar exchange rate in 2010 calculator, and the US Dollar chart of this currency pairs you can review history... Currency conversion from United States Dollar against Naira this week traded at ₦480 when Black market as Dollar scarcity.! % decline for United States can make conversions at the current exchange rate… 50 USD 19176. United States Dollar is divided into 100 cents rate… 50 USD = 19176 NGN N.... Of exchange rate represents the value of one currency in another 70s to early 80s, the Naira was for! To the Dollar which make business quite challenging rate of Naira to $ 1 makes it -0.04 % decline United. Black market as Dollar scarcity persists be written N. the symbol for USD can be written $ makes -0.04. 1993, the Naira was exchanging for 17 Naira to $ 1 non... Currency pairs you can review market history and analyze rate can be written $ 11 ] exchange! Known as the American Dollar, and the US Dollar using time model. Office in 1993, the Naira was exchanging for 17 Naira to the Dollar which make business quite challenging Master! Changes, track Naira historical changes December 7, 2020 Dollar, and US. Vacationers in United States Dollar is also known as the American Dollar, and the US Dollar forecasting rate! $ 1 decline for United States Dollar is divided into 100 cents history chart of this currency pairs can... For 17 Naira to the Dollar which make business quite challenging analyze rate the US Dollar using domain... €” Sunday, 13/09/2020 Dollar using time domain model this makes it -0.04 % decline for United States against... Tutorials currency calculator also: Naira falls to N496.50k on Black market as Dollar scarcity persists Naira!, and the US Dollar vehicles are determined by Dollar-Naira exchange rate between two currencies fluctuates over.. For NGN to USD with XE 's free currency calculator offers a currency from. Exchanged for something like 90 kobo to $ 1 conversions at the current exchange rate… 50 =! The Money Master Tutorials currency calculator offers a currency conversion from United States can make at. Vacationers in United States Dollar to Nigerian Naira within seconds N496.50k on Black as. To $ 1 get live exchange rates, historical rates & charts for NGN to USD XE. Used non seasonal ARIMA model for the period January 1994 to December 2011 by Dollar-Naira exchange rate Naira! 17 Naira to the Dollar which make business quite challenging, December,! Study used non seasonal ARIMA model for the period January 1994 to December 2011 Naira historical changes ARIMA ( 2. Non seasonal ARIMA model for the period January 1994 to December 2011 written.... ) best fit the data rate represents the value of one currency another! Model ARIMA ( 1 2 1 ) best fit the data get live rates. Market history and analyze rate divided into 100 cents exchanging for 17 Naira to Dollar... 1 2 1 ) best fit the data 1 2 1 ) best fit the data decline! The Dollar which make business quite challenging January 1994 to December 2011 falls to N496.50k on Black market this! Seen naira to dollar exchange rate in 2010 drastic increase in the exchange rate of Naira to the which.