100 Million Naira in Dollars (2024)

100,000,000 NGN = 63,664 USD August 22, 2024 05:00 AM UTC

One hundred million Nigerian Nairas are worth $63,664 today as of 5:00 AM UTC.Check the latest currency exchange rates for the Nigerian Naira, US Dollar and all major world currencies. Our currency converter is simple to use and also shows the latest currency rates.

Live NGN to USD Currency Converter

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100,000,000Nigerian Nairas=63,664US Dollars

1 NGN = 0.0006366 USD1 USD = 1,570.74 NGN

Last update 2024-8-22 5:00 AM UTC

InvertNGN to USD Conversion Chart

  • 1M
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  • 6M
  • 1Y
  • 3Y
  • 5Y

This chart shows data from 2023-8-22 to 2024-8-21. The average exchange rate over this period was 0.0009409 US Dollars per Nigerian Naira.

What was the highest NGN to USD exchange rate in the lastyear?

The high point for the NGN/USD ratewas 0.001342 US Dollars per Nigerian Naira on September 12, 2023.

What was the lowest NGN to USD exchange rate in the lastyear?

The low point was 0.0006062 US Dollars per Nigerian Naira on August 1, 2024.

Is NGN up or down compared to USD in the lastyear?

The NGN/USD rate is down -51.54%. This means the Nigerian Naira has decreased in value compared to the US Dollar.

View History Table

NGN to USD Exchange Rates

Last 30 DaysLast 90 Days
High$0.0006370$0.0007352
Low$0.0006062$0.0006062
Avg$0.0006258$0.0006528
Volatility+2.70%-8.36%
Download History

Conversion Rates Nigerian Naira/US Dollar

Nigerian Naira US Dollar
1,000 NGN0.6366 USD
5,000 NGN3.1832 USD
10,000 NGN6.3664 USD
15,000 NGN9.5496 USD
20,000 NGN12.733 USD
25,000 NGN15.916 USD
50,000 NGN31.832 USD
100,000 NGN63.664 USD
500,000 NGN318.32 USD
1,000,000 NGN636.64 USD
2,500,000 NGN1,591.60 USD
5,000,000 NGN3,183.20 USD
10,000,000 NGN6,366.41 USD
25,000,000 NGN15,916 USD
50,000,000 NGN31,832 USD
100,000,000 NGN63,664 USD

Conversion Rates US Dollar/Nigerian Naira

US Dollar Nigerian Naira
1 USD1,570.74 NGN
5 USD7,853.72 NGN
10 USD15,707 NGN
15 USD23,561 NGN
20 USD31,415 NGN
25 USD39,269 NGN
50 USD78,537 NGN
100 USD157,074 NGN
500 USD785,372 NGN
1,000 USD1,570,744 NGN
2,500 USD3,926,861 NGN
5,000 USD7,853,721 NGN
10,000 USD15,707,443 NGN
25,000 USD39,268,607 NGN
50,000 USD78,537,213 NGN
100,000 USD157,074,426 NGN

Nigerian Naira to US Dollar Rates by Year

To view rates between the Nigerian Naira and the US Dollar for a particular year, click on one of the links below.

  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015

How to Convert Nigerian Nairas to US Dollars?

You can convert Nigerian Nairas to US Dollars using the exchange-rates.org currency converter in just one easy step: Enter the amount of NGN you want to convert to USD in the box labeled "Amount".

That's it! You’ll now see the value of the converted currency according to the most recent exchange rate.

Frequently Asked Question about NGN to USD

How much is 1 Nigerian Naira in US Dollars?

1 Nigerian Naira = 0.0006366 US Dollars as of August 22, 2024 05:00 AM UTC.You can get live exchange rates between Nigerian Nairas and US Dollars using exchange-rates.org,which aggregates real-time forex data from the most authoritative sources.

How much is 100,000,000 Nigerian Nairas in US Dollars?

As of August 22, 2024 05:00 AM UTC, 100,000,000 Nigerian Nairas is equivalent to 63,664 US Dollars. The exchange rate at this time is 0.0006366 US Dollars per Nigerian Naira.

What was the highest NGN to USD exchange rate in the last 10 years?

In the last 10 years, the highest rate from Nigerian Nairas to US Dollars was on January 8, 2015 when each Nigerian Naira was worth 0.005556 US Dollars.

When is the best time to convert NGN to USD?

The NGN and USD can be traded 24x5, starting from the time markets open on Monday mornings in Sydney until they close on Fridays at 5 PM in New York. Exchange rates can fluctuate by the minute while markets are open. However, the period between 3-4 PM GMT is often a good time to convert Nigerian Nairas to US Dollars because currency market liquidity and trading volume tend to be the highest during this time. Additionally, it's advisable to convert Nigerian Nairas to US Dollars early in the week if you need USD urgently. Executing a trade late in the week might result in a delayed settlement until the following week, as forex markets are closed on weekends.

Which is stronger, the Nigerian Naira or the US Dollar?

The US Dollar is currently stronger than the Nigerian Naira, as 1 USD is equal to 1,570.74 NGN.Conversely, 1 NGN is worth 0.0006366 USD.

Is the Nigerian Naira up or down against the US Dollar?

The Nigerian Nairahas decreased -42.76%year-to-date against the US Dollar.Over the past 10 years, the Nigerian Nairahas declined -88.35%against the US Dollar.Consequently, the Nigerian Naira haslostpurchasing power compared to the US Dollar over the lastdecade.

What's the bestNGN toUSD exchange rate today?

As of August 22, 2024 05:00 AM UTC, the best NGN to USD exchange rate is 0.0006366 USD. This means that for every Nigerian Naira you exchange, you will receive 0.0006366 US Dollars.

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100 Million Naira in Dollars (2024)

FAQs

100 Million Naira in Dollars? ›

1 USD = 1,575.25 NGN Aug 23, 2024 17:34 UTC.

How much is $1 dollar in Nigeria now? ›

1 USD = 1,575.25 NGN Aug 23, 2024 17:34 UTC.

How much is 1b dollars in naira? ›

One billion US Dollars are worth ₦ 1,582,639,571,900 today as of 5:00 PM UTC. Check the latest currency exchange rates for the US Dollar, Nigerian Naira and all major world currencies. Our currency converter is simple to use and also shows the latest currency rates.

How much is 100 dollars in naira black market? ›

Also you can convert the Nigerian Naira to US Dollar (USD) Currency using this currency converter
Amount in Dollar ($)Black Market Exchange Rate in Naira
20 US Dollars ($20) to Naira31,900
50 US Dollars ($50) to Naira79,750
100 Dollars ($100) to Naira159,500
200 Dollars ($200) to Naira319,000
11 more rows

How much is 100 million pennies in dollars? ›

100 pennies is a dollar; conversion. 1,000,000*100; multiplying. 100,000,000 pennies; answer. 100 million pennies are in $1,000,000.

How much is $100 dollar in Nigeria? ›

Download Our Currency Converter App
Conversion rates US Dollar / Nigerian Naira
10 USD15,899.70000 NGN
20 USD31,799.40000 NGN
50 USD79,498.50000 NGN
100 USD158,997.00000 NGN
8 more rows

How much is $1000 US worth in Nigeria? ›

1,589,970.00000 NGN

What is the highest currency in the world? ›

Kuwaiti Dinar (KWD)- Highest Currency in the World

The highest currency in the world is none other than Kuwaiti Dinar or KWD. Initially, one Kuwaiti dinar was worth one pound sterling when the Kuwaiti dinar was introduced in 1960.

How much is $1000 Naira in dollars? ›

Download Our Currency Converter App
Conversion rates Nigerian Naira / US Dollar
1000 NGN0.62788 USD
2000 NGN1.25575 USD
5000 NGN3.13939 USD
10000 NGN6.27877 USD
8 more rows

How much is USA $1 in Naira? ›

1,589.97000 NGN

Is $100 dollars a lot of money in Nigeria? ›

100 dollars is huge amount of Money in Nigeria compare to the value of Nigerian currency and exchange rate. To buy some food, yes it can be a lot. However, it won't get you very far in a city like Lagos (food wise). Abuja is cheaper though.

What can 100 Naira buy in Nigeria? ›

Here is a list of items you can buy in Nigeria for 100 NGN:
  • A loaf of bread - 100 NGN.
  • A bottle of water - 100 NGN.
  • A small bag of snacks - 100 NGN.
  • A bus ticket - 100 NGN.
  • A newspaper - 100 NGN.
Oct 12, 2023

How much is $100 PayPal to Naira? ›

Today vs. 24 hours ago
AmountToday at 7:45 am24H Change
50 PYUSDNGN 79,387.51-0.01%
100 PYUSDNGN 158,775.03-0.01%
500 PYUSDNGN 793,875.14-0.01%
1,000 PYUSDNGN 1,587,750.29-0.01%
4 more rows

How much is 100 million? ›

1 million is equivalent to 10 lakhs and 100 lakhs is equal to 1 crore. 100 million (or 0.1 billion) is therefore equal to 10 crores(1000 lakhs).

How much money would I have if I had 1 million pennies? ›

To find out how many dollars you could make with 1 million pennies, divide 1 million (the number of pennies you have) by 100 (the number of pennies in one dollar). One million pennies equals 10,000, or ten thousand, dollars.

How much money is 5 million pennies? ›

Answer and Explanation:

As each penny is $0.01, we need 100 pennies to equal a single dollar. This means we can find our answer by dividing 5 million by 100 to convert 5 million pennies to dollars. This means that we have $50,000 U.S. dollars when we have 5 million U.S. pennies.

How much is $1 to naira black market today? ›

Today's dollar to naira rates on exchanges
#ProviderBuy
1GT Bank₦1515 per $1
3Nigeria Customs₦1578 per $1
4Paypal₦1582 per $1
5CBN₦1585 per $1
38 more rows

How much is 500 dollars in naira in words? ›

Download Our Currency Converter App
Conversion rates US Dollar / Nigerian Naira
500 USD794,860.00000 NGN
1000 USD1,589,720.00000 NGN
2000 USD3,179,440.00000 NGN
5000 USD7,948,600.00000 NGN
8 more rows

What is the black market money exchange? ›

The black market means unlicensed money changers, trading in shops and markets or even on the street. You should think very carefully before using the black market and talk to your line manager. You are probably breaking the law. You will not have any official exchange receipts to show the authorities.

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