How Much is Dollar to Naira Today Sunday 27 November 2022: The following are the dollar-to-naira exchange rate in Nigeria today. It also includes the Black Market rates, Bureau De Change (BDC) rate, Central Bank of Nigeria (CBN) rates, and all bank rates. Including; pounds to naira, Euro to Naira, Rand to Naira, and other currencies.
The following are the current black market rate today of Bureau De Change (BDC) operators in Lagos for selling and buying United States dollars (USD) at the parallel (unofficial) market.
| Dollars to Naira (USD to NGN) | Exchange Rate Today |
| Buying Rate | ₦773 |
| Selling Rate | ₦775 |
The following are the current black market rate today of Bureau De Change (BDC) operators in Lagos for selling and buying Great Britain Pound Sterling at the parallel (unofficial) market.
The following are the current black market rate today of Bureau De Change (BDC) operators in Lagos for selling and buying Euro at the parallel (unofficial) market.
| Euro to Naira (CAD to NGN) | Black Market Exchange Rate Today |
| Buying Rate | ₦760 |
| Selling Rate | ₦770 |
The following are the current black market rate today of Bureau De Change (BDC) operators in Lagos for selling and buying Canadian Dollars at the parallel (unofficial) market.
| Canadian Dollar to Naira (CAD to NGN) | Black Market Exchange Rate Today |
| Buying Rate | ₦540 |
| Selling Rate | ₦590 |
The following are the current black market rate today of Bureau De Change (BDC) operators in Lagos for selling and buying Rand to Naira at the parallel (unofficial) market.
| Rand to Naira (ZAR to NGN) | Black Market Exchange Rate Today |
| Buying Rate | ₦31 |
| Selling Rate | ₦38 |
The following are the current black market rate today of Bureau De Change (BDC) operators in Lagos for selling and buying Dirham to Naira at the parallel (unofficial) market.
| Dirham to Naira (AED to NGN) | Black Market Exchange Rate Today |
| Buying Rate | ₦155 |
| Selling Rate | ₦160 |
The following are the current black market rate today of Bureau De Change (BDC) operators in Lagos for selling and buying Yuan to Naira at the parallel (unofficial) market.
| Yuan to Naira (CNY to NGN) | Black Market Exchange Rate Today |
| Buying Rate | ₦80 |
| Selling Rate | ₦90 |
The following are the current black market rate today of Bureau De Change (BDC) operators in Lagos for selling and buying Ghanaian Cedi to Naira at the parallel (unofficial) market.
| Cedi to Naira (GHS to NGN) | Black Market Exchange Rate Today |
| Buying Rate | ₦65 |
| Selling Rate | ₦75 |
The following are the current black market rate today of Bureau De Change (BDC) operators in Lagos for selling and buying West African CFA franc to Naira at the parallel (unofficial) market.
| Dirham to Naira (XOF to NGN) | Black Market Exchange Rate Today |
| Buying Rate | ₦945 |
| Selling Rate | ₦965 |
The following are the current black market rate today of Bureau De Change (BDC) operators in Lagos for selling and buying Central African CFA franc to Naira at the parallel (unofficial) market.
| CFA to Naira (XAF to NGN) | Black Market Exchange Rate Today |
| Buying Rate | ₦900 |
| Selling Rate | ₦920 |
The exchange rate between the Naira and the US dollar according to the data posted on the Central Bank of Nigeria (CBN) Currency Exchange Rate where forex is official.
| Bank | Currency | Rate | Date |
|---|---|---|---|
| GTBank | USD to Naira | ₦ 490 | 16/10/2022 |
| Currency | Rate | Date |
|---|---|---|
| GBP | ₦ 706 | 05/09/2022 |
| EUR | ₦ 602 | 18/07/2022 |
| CAD | ₦ 466 | 18/07/2022 |
| USD | ₦ 500 | 04/07/2022 |
| INR | ₦ 5.80 | 01/05/2021 |
| RUB | ₦ 6.20 | 01/05/2021 |
| Currency | Rate | Date |
|---|---|---|
| USD To Naira | ₦ 505 | 30/04/2022 |
| EUR To Naira | ₦ 531 | 31/08/2021 |
| GBP To Naira | ₦ 621 | 28/08/2021 |
| CAD To Naira | ₦ 357 | 18/08/2021 |
| ZAR To Naira | ₦ 31 | 18/08/2021 |
| INR To Naira | ₦ 6 | 18/08/2021 |
| TRY To Naira | ₦ 52 | 18/08/2021 |
| AUD To Naira | ₦ 299 | 01/05/2021 |
| RUB To Naira | ₦ 7.10 | 01/05/2021 |
| SGD To Naira | ₦ 268 | 01/05/2021 |
| AED To Naira | ₦ 109 | 26/11/2020 |
| XOF To Naira | ₦ 800 | 15/08/2020 |
| Currency | Rate | Date |
|---|---|---|
| INR To Naira | ₦ 6.12 | 15/10/2022 |
| USD To Naira | ₦ 503 | 29/04/2022 |
| EUR To Naira | ₦ 566 | 31/08/2021 |
| GBP To Naira | ₦ 622 | 23/07/2021 |
| CAD To Naira | ₦ 316 | 01/05/2021 |
| AED To Naira | ₦ 119 | 08/08/2020 |
| Currency | Rate | Date |
|---|---|---|
| USD To Naira | ₦ 480 | 23/03/2022 |
| GBP To Naira | ₦ 621 | 23/07/2021 |
| EUR To Naira | ₦ 499.45 | 16/06/2021 |
| AED To Naira | ₦ 107 | 15/08/2020 |
| CAD To Naira | ₦ 299 | 30/06/2020 |
| INR To Naira | ₦ 5.9 | 25/06/2020 |
| Currency | Rate | Date |
|---|---|---|
| USD To Naira | ₦ 475 | 21/01/2022 |
| EUR To Naira | ₦ 543 | 22/07/2021 |
| GBP To Naira | ₦ 646 | 03/06/2021 |
| CAD To Naira | ₦ 337 | 01/05/2021 |
| TRY To Naira | ₦ 69 | 01/05/2021 |
1 USD Dollar is 442.134 NGN
| USD | NGN |
|---|---|
| 1 USD | 442.134 NGN |
| 5 USD | 2,210.67 NGN |
| 10 USD | 4,421.34 NGN |
| 25 USD | 11,053.4 NGN |
| 50 USD | 22,106.7 NGN |
| 100 USD | 44,213.4 NGN |
| 500 USD | 221,067 NGN |
| 1,000 USD | 442,134 NGN |
| 5,000 USD | 2,210,670 NGN |
| 10,000 USD | 4,421,340 NGN |
| 50,000 USD | 22,106,700 NGN |
NGN
|
USD
|
|---|---|
| 1 NGN | 0.00226176 USD |
| 5 NGN | 0.0113088 USD |
| 10 NGN | 0.0226176 USD |
| 25 NGN | 0.0565439 USD |
| 50 NGN | 0.113088 USD |
| 100 NGN | 0.226176 USD |
| 500 NGN | 1.13088 USD |
| 1,000 NGN | 2.26176 USD |
| 5,000 NGN | 11.3088 USD |
| 10,000 NGN | 22.6176 USD |
| 50,000 NGN | 113.088 USD |
| Last 30 Days | Last 90 Days | |
|---|---|---|
|
High |
442.67 | 442.67 |
|
Low |
436.36 | 420.31 |
|
Average |
439.32 | 432.43 |
|
Volatility |
0.10% | 0.10% |
The following are the euro to dollar exchange rates today. It also includes the euro to pounds exchange rates, euro to yen exchange rates, and euro to naira exchange rates among others.
EUR |
USD |
|---|---|
| 1 EUR | 1.04179 USD |
| 5 EUR | 5.20895 USD |
| 10 EUR | 10.4179 USD |
| 25 EUR | 26.0447 USD |
| 50 EUR | 52.0895 USD |
| 100 EUR | 104.179 USD |
| 500 EUR | 520.895 USD |
| 1,000 EUR | 1,041.79 USD |
| 5,000 EUR | 5,208.95 USD |
| 10,000 EUR | 10,417.9 USD |
| 50,000 EUR | 52,089.5 USD |
The following is the current United States Dollar (USD) conversion to Euro.
USD |
EUR |
|---|---|
| 1 USD | 0.959887 EUR |
| 5 USD | 4.79943 EUR |
| 10 USD | 9.59887 EUR |
| 25 USD | 23.9972 EUR |
| 50 USD | 47.9943 EUR |
| 100 USD | 95.9887 EUR |
| 500 USD | 479.943 EUR |
| 1,000 USD | 959.887 EUR |
| 5,000 USD | 4,799.43 EUR |
| 10,000 USD | 9,598.87 EUR |
| 50,000 USD | 47,994.3 EUR |
| Last 30 Days | Last 90 Days | |
|---|---|---|
|
High |
1.0395 | 1.0395 |
|
Low |
0.97498 | 0.95960 |
|
Average |
1.0104 | 0.99545 |
|
Volatility |
0.81% | 0.70% |
$100 USD is currently equal to 97.5844 EUR.
Convert US Dollar to Euro
| USD | EUR |
|---|---|
| 10 USD | 9.75844 EUR |
| 25 USD | 24.3961 EUR |
| 50 USD | 48.7922 EUR |
| 100 USD | 97.5844 EUR |
Factors Influencing Foreign Exchange Rates
Here are some of the causes of the dwindling dollar to naira exchange rate.
Inflation Rates: It is well known that inflation directly impacts black market exchange rates. If the Nigerian economy can be stabilized and inflation is controlled, the naira will benefit; however, if the naira continues to fall, it may indicate that food and other necessities are becoming more expensive daily.
Interest Rates: Another tool to keep an eye on is interest rates. If the interest rate at which banks lend money rises, it would harm the economy, causing it to contract and, as a result, the value of the naira to fall.
Government Debt: National debt can impact investor confidence and, as a result, the influx of funds into the economy. If inflows are high, the naira exchange rate will rise in favour of the naira.
Speculators: Speculators frequently impact the naira-to-dollar exchange rate. They stockpile money in anticipation of a gain, causing the naira to plummet even lower.
Conditions of Trade: Favorable trade terms will increase the value of the naira to the dollar, although Nigeria is currently experiencing a trade deficit. Everything comes from China, India, and the majority of Asian countries.