60 day | 2004 $1 = N127-N130 (N137-N144 Black Market Rate) 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. 1976 $1 = N0.62 1992 $1 = N9.91 Trades speculated the natural range of the naira would be between 280 and 350 to the dollar. The figures below are the exchange rate of $1 to Naira. 3 of 1997,No. USD to NGN currency converter. Online currency converter English (US) Exchange rate history between the US Dollar and Nigerian Naira Latest Exchange Rates. Click to share on Twitter (Opens in new window), Click to share on Facebook (Opens in new window). 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. The following shows that day's exchange rate of the currency … Compare money transfer services, compare exchange rates and commissions for sending money from Nigeria to United States. Section 12 Sub-sections (1) to (5), CBN Act of 2007 (Ammended) 2005 $1 = N132-N136 38 of 1998,1999 and CBN Act of 2007. List of Courses Offered In Federal University Lokoja, Admission Requirements And Portal, During Beauty Pageant Miss Congo’s Wig Catches Fire (Miss Africa). 2002 $1 = N109-N113 (N122-N140 Black Market Rate) Exchange Rates Updated: Oct 19,2020 15:11 UTC. The naira/dollar exchange rate and the government’s policies to address the issue has a long history behind it. 270 day | With the history chart of this currency pairs you can review market history and analyze rate trends. 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. Select your currencies and the date to get histroical rate tables. Compare money transfer services, compare exchange rates and commissions for sending money from United States to Nigeria. With the history chart of this currency pairs you can review market history and analyze rate trends. This means it costs 361 naira to buy one U.S. dollar. 1986 $1 = N2.02 (N3.90 Black Market Rate) Exchange Rates Updated: 07/Dec/20 02:09 UTC. 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. Export to Excel Export this data to a CSV file which can be imported by Microsoft Excel. Full history please visit USD/NGN History 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 is the, International 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. ... Exchange Rate History. 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. 2001 $1 = N99-N106 (N104-N122 Black Market Rate) 3 of 1997,No. Todays Exchange Rate In Naira. 4 of 1997,No. 1985 $1 = N0.894 (N1.70 Black Market Rate) Dollar started this week at ₦379.52 in foreign exchange markets on Monday, December 07, 2020. 1981 $1 = N0.61 2013 $1 = N153.21-N162.9 Notify me of follow-up comments by email. 1977 $1 = N0.647 Compare money transfer services, compare exchange rates and commissions for sending money from United States to Nigeria. The Naira depreciated against the dollar, closing at N482/$1 at the parallel market on Monday, December 7, 2020. 1982 $1 = N0.673 24 of 1991, CBN Decree Amendments 1993,No. 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. NGN to USD currency chart. 37 of 1998,No. GBP/EUR has sustained some ground since yesterday amid Brexit hopes. 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. This makes a 0.51% decrease for Dollar rate against Naira in FX market this week. 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. 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. Convert 1 Nigerian Naira to US Dollar. 1997 $1 = N21.89 (N84.58 Black Market 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). According to Wikipedia: Shale oil is an unconventional oil produced from oil shale rock fragments by pyrolysis, hydrogenation, or thermal dissolution. 2014 $1 = N170-N199 An exchange rate between two currencies fluctuates over time. December 31/2017 – 360 / 363 Exchange rate history for the US Dollar and Nigerian Naira (USD/NGN). Table of 1 US Dollar to Nigerian Naira Exchange Rate. Exchange Rate History Dollar To Naira. 2007 $1 = N120-N125 2010 $1 = N148.21-N154.8 Live Exchange Rate. Re: History Of Naira To Dollar Exchange Rate (1972-2019) by Fragility6: 1:06pm On Aug 02, 2019 Under our Saint Obi president. 1999 $1 = N21.89 (N88-N90 Black Market Rate) 5 yrs, Choose alternative years (2010 onwards): 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, Would you like to INVERT currencies? With the history chart of this currency pairs you can review market history and analyze rate trends. 37 of 1998,No. 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. Exchange. 1979 $1 = N0.596 Current exchange rate US DOLLAR (USD) to NIGERIA NAIRA (NGN) including currency converter, buying & selling rate and historical conversion chart. Export to Excel Export this data to a CSV file which can be imported by Microsoft Excel. 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. Convert Nigerian Naira To United States Dollar . 1975 $1 = N0.616 Your email address will not be published. 1991 $1 = N8.04 (N9.30 Black Market Rate) 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. 2015 $1 = N199-N300 1990 $1 = N7.39 (N10.70 Black Market Rate) The Naira depreciated against the dollar, closing at N482/$1 at the parallel market on Monday, December 7, 2020. 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. 2009 $1 = N145-N171 This page shows the historical data for Nigerian Naira(NGN) To Singapore Dollar(SGD) From Wednesday 04/11/2020 To Thursday 26/11/2020. Assume that the exchange rate for the USD/NGN is 361. Also you can see Nigerian Naira to US dollar and US dollar to Nigerian Naira prepared conversions. 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. 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. 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 … 1995 $1 = N21.89 (N71.70 Black Market Rate) 1984 $1 = N0.765 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 … Historical Exchange Rates - 11 Dec 2020 EUR to USD 11 Nov 2020 to 11 Dec 2020 180 day | Date (YYYY-MM-DD) USD (Buy/Sell) GBP (Buy/Sell) EUR (Buy/Sell) 2020-12-11. Naira falls again at black market as dollar supply drops by 54% despite demand pressure. 2000 $1 = N85.98 (N105.00 Black Market Rate) 2006 $1 = N128.50-N131.80 This makes a 0.51% decrease for Dollar rate against Naira in FX market this week. 38 of 1998,1999 and CBN Act of 2007. You should note that these exchange rates are being updated in … Show: 11/13/20. Find Below Naira to Dollar Exchange Rate History 1972 $1 = N0.658 1973 $1 = N0.658 This page shows the historical data for Canadian Dollar(CAD) To Nigerian Naira(NGN) From Wednesday 04/11/2020 To Thursday 26/11/2020. 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. 4 of 1997,No. 1998 $1 = N21.89 (N84.70 Black Market Rate) Full history please visit USD/NGN Currency Exchange History Convert Nigerian Naira to US dollar, check current NGN to USD exchange rate, view live or history ngn to usd chart. 1974 $1 = N0.63 7 day | The USDNGN spot exchange rate specifies how much one currency, the USD, is currently worth in terms of the other, the NGN. 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 Rate History Dollar To Naira. 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. Get daily black market exchange rates from dollar to naira, pounds to naira and euro to naira. 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 History. Exchange Rate (Dollar To Naira) In Black Market History. 1980 $1 = N0.550 (0.900 Black Market Rate) CHART: These processes convert the organic matter within the rock (kerogen) into synthetic oil and gas. Also, view Dollar to Naira currency charts. Who are the Hottest Nigerian Celebrities? 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. 37 of 1998,No. 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. Dollar started this week at ₦379.52 in foreign exchange markets on Monday, December 07, 2020. 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. Invert the table to see Nigerian Nairas per 1 US Dollar. 4 of 1997,No. 2012 $1 = N155.09-N161.5 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. Also, view Naira to Dollar … Would you like to invert the currencies pairs? 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 … 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) 1994 $1 = N22.33 (N56.80 Black Market Rate) Invert the table to see US Dollars per 1 South African Rand. 1983 $1 = N0.724 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. 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 … Example of NGN On Forex Markets . 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. 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). We would also give you a brief history … Also, view Dollar to Naira … 2 yrs | 1 NGN = 0.0026 USD. 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. Full history please visit NGN/USD Currency Exchange History As of 20 June 2016, the naira was allowed to float, after being pegged at 197 to one US dollar for several months. The Naira was resilient and enduring, … Convert US dollar to Nigerian Naira, check current USD to NGN exchange rate, view live or history usd to ngn chart. VALUTA FX. Convert Nigerian Nairas to American Dollars with a conversion calculator, or Nairas to Dollars conversion tables. Get daily black market exchange rates from dollar to naira, pounds to naira and euro to naira. 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. Nigerian Naira to US Dollar history, Or perhaps visit the currency HOME PAGES? 1973 $1 = N0.658 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. 24 of 1991, CBN Decree Amendments 1993,No. 2011 $1 = N151.05-N165.1 The value of a currency relative to a third currency may be obtained by dividing one U.S. dollar rate by another. The most trusted platform to get the live exchange rates. 120 day | 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. 1996 $1 = N21.89 (N84.58 Black Market Rate) 30 day | Get live exchange rates for United States Dollar to Nigeria Naira including a chart showing the latest exchange rate history. 1989 $1 = N7.39 (N10.70 Black Market Rate) Required fields are marked *. Sign up for free USD NGN rate alerts or just get daily/weekly rates and news to your inbox? 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 South African Rand against the US Dollar Invert table The table currently shows historical exchange rates for South African Rands per 1 US Dollar. Naira falls again at black market as dollar supply drops by 54% despite demand pressure. Currency Menu Welcome to the USD NGN history summary. 1 USD = 385.01 NGN. 24 of 1991, CBN Decree Amendments 1993,No. Convert USD to NGN 38 of 1998,1999 and CBN Act of 2007. 1998 USD = 761238 NGN. 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. 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 … This is the US Dollar (USD) to … Exchange Rates Updated: 14/Nov/20 17:09 UTC. Source: free currency rates … With the history chart of this currency pairs you can review market history and analyze rate trends. Convert 1 Nigerian Naira to US Dollar. Get live exchange rates, historical rates & charts for NGN to USD with XE's free currency calculator. 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 … The one who never steals, white as snow,our everlasting perfect presido, naira increased two times from 199-300 and 300-363. Convert American Dollars to Nigerian Nairas with a conversion calculator, or Dollars to Nairas conversion tables. 1 US Dollar (USD) = 380.504 Nigerian Naira (NGN) USD To NGN Exchange Rates RSS Feed. 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. Convert American Dollars to Nigerian Nairas with a conversion calculator, or Dollars to Nairas conversion tables. With the history chart of this currency pairs you can review market history and analyze rate trends. 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. Exchange rate history This table shows the historical value of one U.S. Dollar in Nigerian naira - PM = Parallel Market. 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. NGN to USD exchange rate is published here and is very accurate, updating 24/7 with live exchange rates. 2016 $1 = N300-N320 (N310-N370 Black Market Rate), Your email address will not be published. Narrowed Gap 1 Nigerian Naira (NGN) = 0.00262 US Dollar (USD) NGN To USD Exchange Rates RSS Feed. 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. 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 … 1 Nigerian Naira (NGN) = 0.00262 US Dollar (USD) NGN To USD Exchange Rates RSS … Invert the table to see US Dollars per 1 Nigerian Naira. Get live exchange rates, historical rates & charts for NGN to USD with XE's free currency calculator. 1 yr | 3 of 1997,No. 1993 $1 = N17.30 (N21.90 Black Market Rate) Section 12 Sub-sections (1) to (5), CBN Act of 2007 (Ammended) 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. 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. Also, consider Nigerians who have to pay for medical and educational bills in this foreign currency. 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