Nigerian Naira No Longer N386.28 Or N440.00 Per Dollar, Here Is The New Value

At the advent of democratic rule(Civilian rule) in 1999 under the People's Democratic Party (PDP), the US dollar was sold for N21.89; Under the administration of former President of Nigeria, Doctor Goodluck Ebele Jonathan, Naira was sold at 125 per Dollar, while he met it at 95 per United states one(1) dollar. On May 29, 2015, under the All Progressive Congress(APC) administration it was N199. Since then, Naira value keep on demoting, As of Yesterday 6, September 2020 Naira is rated 381.50 While at Black Market is 440.00. On 1st January 2016, 1 USD =196.75NGN, on 13th January 2017 1 USD =315.0NGN, in January 12 2018, 1 USD = 357.00NGN, While on the 5th January 2019 1 USD is rated at 365.50.January 16th 2020, 1USD = 365.45NGN.







100 dollars to nigerian naira according to the foreign exchange rate for today. You have just converted one hundred dollars to nigerian naira according to the recent foreign exchange rate 381.499792. For one hundred dollars you get today 38,149 naira 97 kobo.



US Dollar rate is ₦440.00 against Naira in Black Market today, September 06, 2020. Initial USD rate was noted as ₦465.00 at the beginning of this week on Monday, August 31, 2020. This makes a %5.38 decrease for US Dollar rate against Naira this week.

To have a monthly quick review, we see that Dollar to Naira exchange rate was ₦473.00on Monday, August 03, 2020 at the beginning of August. With Dollar being traded at ₦440.00 now, we see a %6.98 decrease for USD to Naira exchange rates since the begining of last August.

SOURCE:NgnRate.com



Conversion rates US Dollar / Nigerian Naira

1000 USD 382,000.00000 NGN

2000 USD764,000.00000 NGN

5000 USD 1.910,000.00000 NGN

10000 USD 3.820,000.00000 NGN




2020 High/Low

Highest

₦ 480 on 18-August-2020

Lowest

₦ 360 on 09-March-2020

Last 30 Days High/Low

Highest

₦ 480 on 18-August-2020

Lowest

₦ 420 on 06-September-2020

BLACK MARKET RATE

BUY 1 DOLLAR =420 NAIRA

SELL 1 DOLLAR =430 NAIRA

STOCK MARKET 1 DOLLAR =381.50