This means that one million dollars in Nigerian naira is worth about $9.24 million USD. How much is 1,200,000.00 the one million two hundred thousand naira is worth $2,593.22 (USD) today or two thousand five hundred ninety-three us dollars 22 cents as of 09:00AM UTC. Assuming you would like an article discussing the current exchange rate between Nigerian Naira and US dollars: As of July 2020, two million Nigerian Naira is equivalent to approximately 5,371.48 US dollars. If the exchange rate is 2:1, then 2 million naira would be worth 2 million/2 = 1 million US dollars. Of course, the actual amount of US dollars you would receive would depend on the current exchange rate. 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. 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? Number (x) Number to convert to words (as currency) Language. Few hours ago, his fans celebrated him. The naira strengthened to 735 per dollar on Friday, compared to 742/$1 on Tuesday, at the parallel market, also known as the black market. Most banks in Nigeria have a limit of N3,000,000 as the maximum amount a savings account can hold. Online interactive currency converter & calculator ensures provding actual conversion information of world currencies according to Open Exchange Rates and Create a chart for any currency pair in the world to see their currency history. Live tracking and notifications + flexible delivery and payment options. USD The rate represented an increase of 0.11 per cent compared to the N463.75 it exchanged to the dollar on Wednesday. And with our daily summaries, youll never miss out on the latest news. The Winklevoss twins have lent $100 million of their own money to keep their Gemini exchange afloat as venture funding slows. The current exchange rate is 0.00217. 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. Live tracking and notifications + flexible delivery and payment options. Here's how the change will impact the world's 2nd-biggest cryptocurrency. You should conduct your own research, review, (one hundred million Nigerian Naira = two hundred seventeen thousand one hundred sixty-four U.S. Dollar and seventy cent) 1 Nigerian Naira = 0.0022 U.S. Dollar. it into the desired position in your websites HTML source code. Sign up to get notified, and well let you know as soon as we can. Ebubu was a finalist in the just concluded reality show. Currency Converter X helps you convert 170+ world currencies and get the latest exchange rates. The Naira appreciated against the dollar on Thursday, exchanging for N463.25 at the investors' and exporters' window. All rights reserved, Bosnia and Herzegovina convertible mark - BAM, BAM - Bosnia and Herzegovina convertible mark. 1 U.S. Dollar = 460.4800 Nigerian Naira. Assuming the exchange rate is 2:1, 2 million naira would be worth 4,000 US dollars. = 928,999,774.00 Additionally, having 4 million US dollars would provide financial security and peace of mind. In recent years, however, the Naira has been relatively stable . Convert 2000000 NGN to USD. Today's Value of 2,000,000 Dollars in Nigerian Naira is 920,658,808 (NGN). Quickly and easily calculate foreign exchange rates with this free currency converter. However, this rate can change quickly due to political and economic conditions in Nigeria and around the world. When we compare today's (13/04/2023) values with the last 7 days, average Dollar to Naira rate had a 18.45 points decrease from 753.45 to 735.00 which corresponds to a 2.45% fall. select the original currency and the currency to which you want the amount to be converted. This data is usually enough to forecast future changes. Assuming you would like an article discussing the current exchange rate between Nigerian Naira and US dollars: As of July 2020, two million Nigerian Naira is equivalent to approximately 5,371.48 US dollars. Inverse: 1,200,000.00 USD = 555,293,814.00 NGN. To add USD to EUR #widget to your website, you simply need to copy the code below and paste You have currently selected the base currency, Russia's economy in 4 charts: How war, sanctions, and shifting oil flows have reshaped a world power. Our currency rankings show that the most popular Nigerian Naira exchange rate is the NGN to USD rate. NGN The currency converter. DISCLAIMER: All content provided herein our website is for your general information only, procured from third party sources. and get the instant result right there. That's why companies like La Carcella and Chivita who came into the country as nobody are today making billions of naira annually. We use the mid-market rate for our Converter. Nigeria is a country located in West Africa and its currency is the naira. 17 Apr 2023 07:49:27 On the other hand, this figure added. Abimbola Kazim, popularly known as Jigan, a well-known Nollywood actor, has vowed to sue musician Mohbad for making light of his physical impairment in a song that has not yet been released. Below is the list of popular banks in Nigeria and their respective limits for savings account: 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. The exchange rate used for the NGN/USD currency pair was : .002. This means that if you have 100 naira, you could exchange it for just over 27 US dollars. The currency code for Nigerian Nairas is NGN. You can equally check your Specta Credit Score before you apply. Assuming the current exchange rate is 1 USD to 380.50 NGN, you would need 5,263.58 USD to buy 2 million naira worth of US dollars. You won't receive this rate when sending money. Specta provides credit for all your needs. 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. 3. The Central Bank of Nigeria is the sole issuer of legal tender money throughout the Federation. Please enter the amount that you would like to convert. (832 Views) Vegetable Seller (iya Alata) Donated Over 50 Million Naira To Charity / Meet Myla Sinanaj -the Lady Planning To Spend $30,000just To Look Like Kim K / Can You Join The Illuminatti If Given 15 Billion Dollars? 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. Thus, 2 million naira would be worth the same as 2 million US dollars. 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. Read also . Wise gives you the real, mid-market, exchange rate, so you can make huge savings on your international money transfers. These currency charts use live mid-market rates, are easy to use, and are very reliable. Every time. Earlier in the week, the agency discovered around 250 million naira in cash. For two million naira you get today 4,343 dollars 86 cents. 2,000,000.00 You wont receive this rate when sending money. These currency charts use live mid-market rates, are easy to use, and are very reliable. Compared to the previous close exchange rate, US Dollar decreased by -0.5% (-13.09) vs. Nigerian Naira. Need to know when a currency hits a specific rate? Check live rates, send money securely, set rate alerts, receive notifications and more. It is subdivided into 100 kobo. 2 million naira would be worth 2 million US dollars if the exchange rate is 1:1. 5 . 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. Blocks - 5000 40 =. Receive daily email about the NGN USD exchange rate. See the post below. It is a very big business in Nigeria as only few can afford the imported designers. This calculation is simply done by multiplying 2 million by the exchange rate of 2. EUR/USD Back Below 1.1000 as the US Dollar Picks up an Early Bid, Markets Week Ahead: S&P 500, Gold, US Dollar, Global Inflation Data, US Earnings Season. Currently, the amount of foreign currency is regulated through weekly auctions, while the Central Bank sets the exchange rate. For two million naira you get today 4,344 dollars 61 cents. Making of Fruit Juice Nigerians drink fruit juice more than any other people. 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. 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. 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. Send money online fast, secure and easy. Use "Swap currencies" to make United States Dollar the default currency. Send money online fast, secure and easy. With Specta, you can access up to 5 million naira in just 5 minutes without any collateral. The Xe Rate Alerts will let you know when the rate you need is triggered on your selected currency pairs. We're working on it. Originally Answered: Is $100 a lot of money in Nigeria? Reverse : 2000000 USD to NGN, This website uses cookies to ensure you get the best experience on our website. Powering commercial grade rates at 300+ companies worldwide. Reverse : 2000000 NGN to USD, This website uses cookies to ensure you get the best experience on our website. Today's Value of 2,000,000 Nigerian Naira in Dollars is 4,342.73 (USD). One Last Big Heist By The Finance Minster - Politics - Nairaland. 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 chart will help visually assess the oscillation between the NGN and the USD, and analyze the data for the last year. Despite these challenges, Nigeria is one of the fastest-growing economies in Africa. The anti-corruption unit that discovered the money suspected the funds were . NGN Last Updated: Saturday 25 March 2023, 08:33 am, New York., United States. With Monisnap, there are different ways to send USD dollar: account_balance Bank transfer USD is being traded at 737 in Black Market (Lagos) today, Thursday, April 13, 2023. Enter the amount to be converted in the box to the left of Nigerian Naira. The naira (sign: ; code: NGN; Yoruba: nr, Tyap: nera) is the currency of Nigeria.One naira is divided into 100 kobo.. Therefore, 4,000 US dollars is equal to 8,000,000 naira. The current exchange rate is 460.3400. in Nigerian Naira is 928,999,774 (NGN). A bull and a bear weigh in and share 3 top picks. The Xe Rate Alerts will let you know when the rate you need is triggered on your selected currency pairs. It's known locally as a buck or greenback. Ethereum's highly-anticipated network upgrade is here. analyse and verify our content before relying on them. We utilize mid-market currency rates to convert USD against NGN currency pair. 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. . For example, with 4 million US dollars, one could easily buy a new car, go on a luxurious vacation, or make a down payment on a new house. In the other states, the program is sponsored by Community Federal Savings Bank, to which we're a service provider. Easy to use, and well let you know when the rate you need triggered! Your international money transfers, procured from third party sources today 4,343 dollars 86 cents convert words! 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