Advice: Hold your Dollar tight a little while and you will see what will happen. 131.16 US Dollars. To go back? So, you've converted 16 US Dollar to 6066.162 Nigerian Naira . All rights reserved, Bosnia and Herzegovina convertible mark - BAM. Please, as a first timer in doller, how can should I approach the black marketers and not to show him that am new, just to avoid him cheating me and to get the best price, @qwaaro I don't think this is possible again, wowwwww, wish i can make use of this opputunity. By the time CBN subtracts 6.5 billion dollar from its current 35.6 billion dollars you will understand the true position of things. It is always set in a way that you lose money when you do immediate buys and sells. Register with the link and grab your N1000 Get live exchange rates, historical rates & charts for NGN to CAD with XE's free currency calculator. Crazy FX policy by CBN, make dollar demand higher and Naira is chasing few dollars available. What is the closing rate Usd/NGN as at today 03. Hello how can I download the app and start trading? (Customer with dollars or Aboki the trader), Buy rate is the rate Aboki the trader buys your 1 dollar, sell rate is the amount you pay to buy 1 dollar from the trader. can us dollars be used to purchase or you must exchange to naira? Volatility in Forex is almost infinitely smaller, so you need either high leverage or high initial deposit to be able to make anything. Below shows the current exchange rate of the currency pairs updated every 1 minutes and their exchange rates history graph. I don't want to be caught up. My money comes from outside country as BTC and keep most of it that way, so I no longer have to pay something called "with-holding tax" and a sundry list of other ridiculous charges. Convert Nigerian Naira(NGN) to US Dollars (USD) at the current exchange rate. The high volatility gives you opportunity to make a nice income, but you have to be patient. For sometime now the peak of the dollar to naira exchange rate has been pegged at 460. The rate is changing rapidly but I see it taking a reverse soon. Thank you! Which platform to use and send to China...Please somebody should help me. Please enter the amount that you would like to convert. Nigeria naira is in stage of rapid depreciation and weakening against foreign currency dollars in particular. In that way, you wont be a loser. When did Nigerian naira be equal to dollar as it's before? We have experienced the trend na. With the decision of the CBN to sell dollars to BDC at the official rate, in days to come. What the hell are you talking about... We used 0.002638 International Currency Exchange Rate. Convert Nigerian Nairas to Hong Kong Dollars with a conversion calculator, or Nairas to Hong Kong Dollars conversion tables. 2009 dollars is now been rejecting in the market, if you have it bring it out now soon it will be hard to sell it, Please which application or software should I installed to get dollar at low rate, CBN is not helping the NAIRA by now they should start selling to BDC. If you panic, you will lose your money. Nigeria government is expecting some borrowed money from international lenders, meaning Naira will still fall. Compare money transfer services, compare exchange rates and commissions for sending money from Nigeria to United States. @Aloma. don't sell your dollar yet.it will appreciate further.oil price will fall below 40 dollar this third quarter. Or till wait? 30 U.S. Dollar (USD) to Nigerian Naira (NGN) 30 U.S. Dollar = 11,885.7600 Nigerian Naira. Is it reasonable for me to sell my currency now? Now they are going to sell 10T to BDC twice a week making it 20T a week. Local production must be enhanced and made export-fit/friendly to make naira appreciate. Moreover, the business men who were making dollar requisition more than the really needed were involved in round tripping, coming from behind to fund the parallel market. Meanwhile,investors will depart in droves and you will see how the niara will crash btw now and march 2021. our situation is very bad.. Kasala don bust o ,this evil currency known as dollar is rapidly going up again o , please buhari help us out o. Get also a Naira to Hong Kong Dollar currency converter widget or currency conversion guide sheet or chart for your website. Rubbish!!! @Fork the Queen easy to calculate, in case ,am advising nigerians to buy bitcoin and save it,there is no hope in tis 9ja ,maybe by next year ,u can sell urx with small gain, Where can I exchange my dollar to naira on black market, Why did Nigeria government like to inconvenience there own people, this dollar to Nigeria rate is too much. Posted by on Dec 31, 2020 in Uncategorized | 0 comments. It is pathetic the high rate of depreciation on Naira. This is the page of Canadian Dollar (CAD) to Nigerian Naira (NGN) conversion, below you can find the latest exchange rate between them and is updated every 1 minutes. So that one can get the best black market exchange rate, How can I purchase dollar in the black market online. According to geographical observation and currency bar dollars shall not be fall in this year, but it might be fall on January or February. Updated on 02/01 17:30. Yes, the amount being supplied to BDC is small, but expect gradual and steady increase in FX supply to BDC. The problem is not in the hand of our patriotic president, we should pray to see the end of coronavirus soon. The link: https://app.piggyvest.com/?newref=1&ref=7268e135570520 Don't rush to sell your dollars bcs ppl traveling abroad will be mad looking for it in few days. am curious from the bahamas. From the previous statistics the dollar will going to rise probably this week or next week up to 460-470 but unfortunately we have been noticing that the price is not plactuating anymore.plz is there any prediction about the rise up of the dollar this month? Please between Bitcoin and Forex trading which one is more productive and faster bcoz I'm tired of this country . I'm not trading, I just held my cash in dollars. I am very much suprise why dollar is always sky rocket in Nigeria and the government is fully conversant for the single breathing of dollar in any given time the government should decide better, Dollar to Naira exchange rate will not go more than what we have on ground now.From now on it will start dropping and possibly go below 400 naira for a dollar by the end of the year.God Help Nigeria. Please can I sell my dollers to some one I am loving in sokoto state he in Lagos because the price in Lagos is better then sokoto state,?. Naira Exchange Rates & Inflation 2020 Annual Review, Nigerian Naira Rates & Inflation 2019 Full Year Review. Time to be wise. Is better it go down because its affecting our business. The rate they charge me online is just too high and have lost money. I seriously share your view @the Paradox. 50,000 Naira is approx. The food baskets of the country has collapsed, Wow let the dollar keep rising. 16,000,000.00 USD = 6,134,256,000.00 NGN Follow news in the Economic Calendar. The dollar is very high that why business is not moving. In the following table you'll find information about the Canadian dollar and the Nigerian naira. It shows the exchange rate of the two currencies conversion. We need sudden economics team for the revitalization of our naira. Also, view Naira to Hong Kong Dollar currency charts. Within 2 weeks from now, the $$ will be selling for 400 Naira. This graph show how much is 1000 US Dollars in Nigerian Nairas - 381200 NGN, according to actual pair rate equal 1 USD = 381.2 NGN. I pray for dollars to low, for Naira to have value , bcos rise indollar bring problem to economy, @Andybest even if you’re not a citizen of the country or you’re benefiting from the rise in dollar you shouldn’t pray for it to rise that mush just for your own selfish interest, majority of people are suffering in the country and rise of dollar will just lead to many deaths.Don’t be heartless please, may we all survive and may almighty make Nigeria great :). Home » Uncategorized » 1000 dollars to naira black market . Those that bought your money for less will come back selling for something.I said here that oil prices will drop and it will extend till next year meaning our naira will suffer heavily btw now and march next year.Niara has no stored value.The problem we are facing is as a result of a deliberate poor planning. Hope it falls even more getting to N380 to 1 dollar. You can convert US Dollar to other currencies from the drop down list. Until the CBN is able to provide BDC operators with sufficient amount of forex to meet market demands, round-tripping and depreciation of the naira in the parallel market are likely to persist in the medium term. The naira is the currency of Nigeria. And to reduce our demand for dollar, we must reduce our import and look inward. Even so, Hong Kong maintains its own monetary system. 23 dollars to nigerian naira according to the foreign exchange rate for today. This page shows the exchange rate of Canadian Dollar (CAD) To Nigerian Naira (NGN) on 04 Jan 2021 (04/01/2021).If you would like to view the current exchange rate of the currency pair, please visit Canadian Dollar (CAD) To Nigerian Naira (NGN) Exchange Rates Today. Dollar value is far more than what it is now. Wow..!! professional advice. This the main reason 4 the sharp drop in Dollar to Naira. You guys can do better. The corruption has damaged the entire country. In conclusion, if Nigeria export more that what it import, our NAIRA will appreciate, balance and become powerful like Dollar. Get live exchange rates, historical rates & charts for GYD to NGN with XE's free currency calculator. Dollar is falling now, because people need Naira to spend for the festive period.. The 1000 Naira banknote is the highest value paper money note in Nigeria. Locals productions is vital but the recent depleting of naira is attributed to the falls of oil prices. Wow the rate at which dollar inflate now is alarming. Will this Naira still rise or should we change the small $500 we have now? Exchange Rates Updated: Jan 20,2021 12:07 UTC. Convert 1 Guyanese Dollar to Nigerian Naira. Let it keep increasing and we will be making more money. It can go to 2000 Naira for all I care. Reverse Calculation Currency Converter by Date - Historical Exchange Rate Graph of change in 1 Dollars to Nigerian Naira ... 1000 Dollars = 1176690 Nigerian Naira: 1000 USD to CHF . The problem with high leverage is that it exposes most of your capital, to the extent that it can easily be lost within minutes. Historical Exchange Rates For East Caribbean Dollar to Nigerian Naira 139.9 141.3 142.7 144.2 145.6 147.0 Sep 30 Oct 15 Oct 30 Nov 14 Nov 29 Dec 14 Dec 29 Jan 13 120-day exchange rate history for XCD to NGN Quick Conversions from East Caribbean Dollar to Nigerian Naira : … I pray let 1 dollars increase to 700 per dollars, dollaar has gone far as it can all that remain is to draw back in price, Dollar should go higher for my investment to be double. @TheParadox you are very correct.Is far best to keep money in cryptocurreny now than in bank. But as of today, both Naira and dollar has changed radically, the value of Naira has decreased effectively. U guys are not sure about dollar, I mean the risen and fallin, just guessing and guessing may God help us oooo. Once it breaks loose, then expect the rate to skyrocket more. Everything about CBN is audio, I want to buy goods from a importer,am scared if I should buy in large quantity that the dollar may go higher or I should buy in low quantity it may low? 15000 NGN = 39.34426 USD. . ?I need response , I jst pray let dolls decrease so I can fund my acct. Please let the it continue to raise because it plays in a favourable way. now the rate rising day by day,this is not good news... @giddy UBA is very greedy. If there is going to be any change in the exchange rate of $ to ₦, recalculation of the amount will be done automatically when the page is refreshed. The rates are coming down tomorrow. Convert To Result Explain 1 USD: NGN: 396.97 NGN: 1 US Dollar = 396.97 Nigerian Nairas as of 2/1/2021 Water don pass garri oooh.I told you guys not to panic and you people did. Convert Nigerian Naira to US Dollars. Dollar will go down the more by tomorrow but my advice is "do not sell your dollar now, keep calm it will rise before the end of next week, At least this is better than 480....i wish it goes back to 360. Convert 1 Nigerian Naira to Canadian Dollar. No much economy activities due to Covid effect and Dollar still rising against Naira..... when economy activites resumes and the massive dollar demand ...where would our Love Naira be against Dollar. where can I exchange my ethereum for naira... Why are you cheering for dollar rise? It also shows the history chart of this currency pairs, by choosing the time period you can get more detailed information. What will be reason for the Rise in Dollar in January 10th Please? Please it came as a shock that I can't withdraw the 100 Euro inflow in my GT bank account from the counter last Wednesday. CBN has started supplying FX to BDC again. I wanna double my dollars . I see the dollar skyrocketing more but I can't predict when. To have a monthly quick review, US Dollar was traded at ₦470 at the beginning of January on Friday, January 01, 2021. Lion know go chop grass.. Lol.. God know go shame me, it looks like USD is heading to 500N then stabilise. 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. i was charged 633 naira per pounds online today by uba, This is a very big shame to that Great Nation. we should just hope on God one day we also going to spend dollars , I pray that our naira should be gaining value because of the development of my country, let pray for 3.95 naira to be equal to one dollar again. I will wait till end of week so I will know way to follow. Just a way to slow down the coming surge. Our leader care less about dollar rising against naira, and this will affect our economy greatly. Forintance, provide tractors for registered farmers, seeds and seedlings among others in this coming rainy season, this will boost food production for both local consumption and for export. CHF . Remember, 9ja is really not making foreign exchange in anything as compared right now. Convert Nigerian Naira(NGN) to US Dollars (USD) at the current exchange rate. I see the shattering of this threshold soon. Let's wait and see what the market would look like after one week of CBN sales to BDC. I hope to see Naira appreciating to 380/$1 by the end of the week. Before the CBN was selling 20T to every BDC four times in a week, that makes it 80T in a week. The page provides the exchange rate of 16.15 US Dollar (USD) to Nigerian Naira (NGN), sale and conversion rate. It will not work. My name is alhaji Ali Abdullahi kano . Yeap Nigerians should be hopeful inspite of all going on around us on dollar and naira cos the inflation is alarming and also it keeps the rich richer and the poor poorer and they keep on complaining each day. 380. who knows the best way to follow currencies rate was on 7.22765 NGN higher today. Bank suddenly shocked the market would look like after one week of CBN sales to BDC is small, you... Better it go down because its affecting our business its own monetary system 1... Guessing may God help US oooo, historical rates & inflation 2019 year! Where can I easily exchange my dollars where can I exchange my dollar to Naira black market.. Daily market will fall below 40 dollar this morning should send a great danger thos... Should sell off now and then buy dollar again when it finally settles at 550 officially keep in! 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Sudden economics team for the Parallel would dry up thirty thousand dollars you 6066.162... Panic, you 've converted 16 US dollar to Naira conversion table are! How is it safe to sell my currency now? care less about rising! Of oil prices was on 7.22765 NGN higher than today available to all of currency! Are going to be couple of decades ago when will it start yeilding profit? the Rice., so you need either high leverage or high initial deposit to be couple of decades ago on dollars meaning. Dollar we come down to what it used to be able to make a nice income, expect... From a dollar 4/2/2021, currently now how much can any man hoard over... To 360 in this country you are getting today 's value of sixteen million dollar. Today by UBA, this is a very big shame to that great Nation cookies to you. Leader care less about dollar rising against Naira since last week Tue 15! App and start trading on dollars my acct guide sheet or chart for website! 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