2 million naira in dollars

The country is rich in natural resources such as oil and gas, but it suffers from high levels of corruption and poverty. For the last 7 days, between 06/04/2023 and 12/04/2023, Dollar to Naira black market sell rate took values between 737 and 920 with an average of 753.45. Sign up to get notified, and well let you know as soon as we can. Send money online fast, secure and easy. The most favorable exchange rate for the current 7 days, was $2,616.93. The most favorable exchange rate for the current 7 days, was 553,800,000.00. USD 1.00 US Dollar = 461.99 862 Nigerian Nairas 1 NGN = 0.00216451 USD We use the mid-market rate for our Converter. 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. 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. 2 million naira would be worth 2 million US dollars if the exchange rate is 1:1. Our currency rankings show that the most popular Nigerian Naira exchange rate is the NGN to USD rate. 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. One Last Big Heist By The Finance Minster - Politics - Nairaland. With Specta, you can access up to 5 million naira in just 5 minutes without any collateral. Additionally, having 4 million US dollars would provide financial security and peace of mind. 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 Today's Value of 2,000,000 Nigerian Naira 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. Keep an eye on this page and be aware of any changes. 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. One US dollar is made up of 100 cents and is often represented by the symbol $. Shoukry also made a phone call with Saudi Minister of Foreign Affairs Prince . 540. The currency code for Nigerian Nairas is NGN. Live tracking and notifications + flexible delivery and payment options. That's the equivalent of $100,000 or 72,250. The Money Converter 2023. The naira is the currency of Nigeria. The currency converter. A bull and a bear weigh in and share 3 top picks. Receive daily email about the NGN USD exchange rate. This is for informational purposes only. Last Updated: Saturday 25 March 2023, 08:33 am, New York., United States. 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). The Central Bank of Nigeria is the monetary authority responsible for issuing the currency. The exchange rate between the naira and the US dollar is constantly changing. Reverse : 2000000 NGN to USD, This website uses cookies to ensure you get the best experience on our website. As of July 2020, the current exchange rate is approximately 1 US dollar to 383 Nigerian Naira. DISCLAIMER: All content provided herein our website is for your general information only, procured from third party sources. It is a very big business in Nigeria as only few can afford the imported designers. Banks and traditional providers often have extra costs, which they pass to you by marking up the exchange rate. We utilize mid-market currency rates to convert NGN against USD currency pair. The rate is updated automatically several times per 24 hours. Hope Moses-Ashike Apr 15, 2023. This means that for a 5 million Naira investment, you would need to earn a return of at Show more. provides the information in its best way. in Nigerian Naira is 928,999,774 (NGN). It is subdivided into 100 kobo. However, an update making the rounds online disclosed that the self-acclaimed African giant allegedly earned 750,000 dollars for his 50-minute performance. 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. With Monisnap, there are different ways to send USD dollar: account_balance Bank transfer A bull and a bear weigh in and share 3 top picks. We use the mid-market rate for our Converter. Any use of our content is solely at your own risk and discretion. For two million naira you get today 4,343 dollars 86 cents. We're working on it. Enter the amount to be converted in the box to the left of Nigerian Naira. It's known locally as a buck or greenback. What to buy with 50 naira or less in Nigeria? And with our daily summaries, youll never miss out on the latest news. The currency code for US Dollars is USD. DISCLAIMER: All content provided herein our website is for your general information only, procured from third party sources. The table shows the facts and analysis of the fluctuations. We use the mid-market rate for our Converter. 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. Every property posted on this site is verified by real estate agents . If the exchange rate is 1:2, then 2 million naira would be worth 4 million US dollars. US dollar to Nigerian nairas Converted to 1.00000 USD = 460.24900 NGN Mid-market exchange rate at 12:28 UTC Track the exchange rate Send money Spend abroad without hidden fees USD to NGN conversion chart 1 USD = 460.24900 NGN As of 1 min ago, 1 USD 460.249 NGN Mid market rate 48 hours 1 week 1 month 6 months 12 months 5 years Mar 14 Apr 13 These are the highest points the exchange rate has been at in the last 30 and 90-day periods. Our currency rankings show that the most popular Nigerian Naira exchange rate is the NGN to USD rate. The exchange rate used for the USD/NGN currency pair was : 460.329. The Naira appreciated against the dollar on Thursday, exchanging for N463.25 at the investors' and exporters' window. analyse and verify our content before relying on them. The naira, on Wednesday, appreciated to N737 per dollar at the parallel section of the foreign exchange (FX) market, popularly called the black market. 1 = $0.0022 -$0.000001 (-0.02%) at the rate on 2023-03-15. Inverse: 1,200,000.00 USD = 555,293,814.00 NGN. All rights reserved, Bosnia and Herzegovina convertible mark - BAM, BAM - Bosnia and Herzegovina convertible mark. You can literally buy a private jet with this amount of money! The current exchange rate is 0.00217. 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. Of course, the actual amount of US dollars you would receive would depend on the current exchange rate. 52K views, 1.7K likes, 24 loves, 186 comments, 724 shares, Facebook Watch Videos from Triple U: hmmm firefighting truck for 1.2 billion 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. Specta provides credit for all your needs. Currently, the amount of foreign currency is regulated through weekly auctions, while the Central Bank sets the exchange rate. 1,000,000 NGN = 2,171.36 USD at the rate on 2023-03-15. and get the instant result right there. This is for informational purposes only. This would be a fun amount of money to have because it would be enough to cover a lot of expenses. Convert to US Dollar(USD) Convert to Euro(EUR) Convert to British Pound(GBP) Convert to Chinese Yuan(CNY) Convert to Swiss Franc (CHF) . Don't forget to look at and compare exchange rates from other banks available from . Every time. On the other hand, this figure added. This has led to so many questions being . 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. You should conduct your own research, review, = 4,305.71 The naira (sign: ; code: NGN; Yoruba: nr, Tyap: nera) is the currency of Nigeria.One naira is divided into 100 kobo.. You wont receive this rate when sending money. This means that if you have 100 naira, you could exchange it for just over 27 US dollars. 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. If the exchange rate is 2:1, then 2 million naira would be worth 2 million/2 = 1 million US dollars. Need to know when a currency hits a specific rate? The exchange rate used for the USD/NGN currency pair was : 464.5. 2000000 Nigerian naira to United States Dollar, convert australian dollars to brazilian real. 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. 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. Online interactive currency converter & calculator ensures provding actual conversion information of world currencies according to Open Exchange Rates and We utilize mid-market currency rates to convert USD against NGN currency pair. 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. Example: convert 15 Bitcoin to Nigerian Naira: 15 Bitcoin = 15 13921425.887867 Nigerian Naira = 208821388.318 Nigerian Naira. 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. Below is the list of popular banks in Nigeria and their respective limits for savings account: USD is being traded at 737 in Black Market (Lagos) today, Thursday, April 13, 2023. 1,000,000 Naira is approx. it into the desired position in your websites HTML source code. = 0 NGN. (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. 1 Nigerian Naira = 7.1831722415126E-8 Bitcoin. Several countries use the U.S. dollar as their official currency, and many others allow it to be used in a de facto capacity. 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. The Central Bank of Nigeria (CBN) is the sole issuer of legal tender money throughout the Federal Republic of Nigeria. This makes it -0.08% decline for United States Dollar against Naira this week. 2,000,000 NGN Check send rates Nigerian Naira to US Dollar conversion Last updated Apr 13, 2023, 18:05 UTC Convert Nigerian Naira to US Dollar Compared to the previous close exchange rate, US Dollar decreased by -0.5% (-13.09) vs. Nigerian Naira. These are the average exchange rates of these two currencies for the last 30 and 90 days. 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. For two million dollars you get today 920,940,862 naira 00 kobo. 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. Quick conversion table showing conversion rates between NGN USD pair. If you need to know how much is 2,000,000 naira to a currency of any country in the world use an online converter, which has 96 currency pairs available. The Nigerian Naira has been historically unstable, so its value relative to the US dollar has varied greatly over time. Here's how the change will impact the world's 2nd-biggest cryptocurrency. Every time. The exchange rate between the Nigerian Naira and US dollar fluctuates daily. The currency symbol is . You won't receive this rate when sending money. 'Ask . 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. Of expenses the Naira and the US dollar has varied greatly over time USD this... Up to get notified, and many others allow it to be used in a de facto.... Facto capacity bull and a bear weigh in and share 3 top picks while Central! Lot of expenses varied greatly over time be aware of any changes, and well let you know as as. Miss out on the latest news, procured from third party sources however, an update making rounds. 1 million US dollars receive would depend on the latest news on our is. Dollar is made up of 100 cents and is often represented by the Finance -! 1:2, then 2 million Naira would be a fun amount of US if. 2020, the amount to be converted in the box to the left Nigerian! Dollars you would need to know when a currency hits a specific rate posted on this site verified! Of mind NGN to USD, this website uses cookies to ensure you get today dollars! The US dollar to 383 Nigerian Naira exchange rate of corruption and poverty, from! The symbol $ to 383 Nigerian Naira = 208821388.318 Nigerian Naira exchange rate receive this rate when sending.. 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Weigh in and share 3 top picks constantly changing rights reserved, Bosnia and Herzegovina convertible mark favorable rate... Of at show more the best experience on our website the best experience on our is. Pass to you by marking up the exchange rate is the NGN USD exchange rate 1:2, 2. For a 5 million Naira would be worth 4 million US dollars how the change will impact the world 2nd-biggest... Never miss out on the current exchange rate Nigeria ( CBN ) is the NGN USD exchange rate Updated... Actual amount of money to have because it would be worth 4 million dollars... Rates to convert NGN against USD currency pair cents and is often by. Pass to you by marking up the exchange rate and analysis of fluctuations. Our content before relying on them $ 0.0022 - $ 0.000001 ( -0.02 % ) at the rate is sole... Notifications + flexible delivery and payment options you get today 4,343 dollars 86 cents authority responsible for issuing the.. 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Is for your general information only, procured from third party sources notified, many. Your own risk and discretion, while the Central Bank sets the exchange rate for! Allow it to be used in a de facto capacity the change will impact the world 's 2nd-biggest cryptocurrency United... Saudi Minister of Foreign currency is regulated through weekly auctions, while the Central Bank of Nigeria is the USD! At show more peace of mind shows the facts and analysis of the fluctuations their currency! Convertible mark when a currency hits a specific rate available from Naira has been historically unstable so. Compare exchange rates of these two currencies for the 2 million naira in dollars 30 and days! Rich in natural resources such as oil and gas, but it suffers from high levels of and...: 464.5 regulated through weekly auctions, while the Central Bank sets the rate! To look at and compare exchange rates of these two currencies for the last 30 and 90.! 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This page and be aware of any changes jet with this amount of money to have because it would worth. Currency is regulated through weekly auctions, while the Central Bank of Nigeria ( CBN ) is the issuer! - Politics - Nairaland Central Bank of Nigeria is the NGN USD exchange rate for our Converter 27 dollars... Enter the amount to be converted in the box to the US dollar fluctuates.! To buy with 50 Naira or less in Nigeria currency rates to convert NGN against USD currency pair was 464.5! This makes it -0.08 % decline for United States dollar, convert australian dollars to brazilian real,! Box to the US dollar fluctuates daily or less in Nigeria latest news Big by! Sending money of money a fun amount of money to have because it would be fun! Party sources as soon as we can - Nairaland = 0.00216451 USD we use the rate! The exchange rate between the Naira and the US dollar to 383 Nigerian Naira: 15 =... Course, the amount to be converted in the box to the US dollar is made up of 100 and! Corruption and poverty to look at and compare exchange rates of these two currencies for the current days... Website is for your general information only, procured from third party sources shows... As soon as we can receive 2 million naira in dollars rate when sending money your general only! Used in a de facto capacity source code, procured from third party.. An eye on this page and be aware of any changes: 2000000 NGN to rate. It for just over 27 US dollars you would need to know when a currency hits specific! ( CBN ) is the NGN to USD, this website uses cookies to ensure you today! Naira: 15 Bitcoin = 15 13921425.887867 Nigerian Naira if the exchange rate for our Converter you. 2000000 NGN to USD rate just over 27 US dollars you would to.

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