Understanding the forecasting of exchange rate behaviour is important to monetary policy (Simwaka, 2007). Nigerian Naira. The N 20(Twenty Naira) banknote was the highest denomination to be introduced then, and its issue became necessary as a result of the growth of incomes in the country; the preference for cash transactions and the need for convenience.. Selling 2009.00 NGN you get 5.29 USD. The legal backing for monetary policy by the Bank derives from the various statutes of the bank such as the CBN Act of 1958 as amended in CBN Decree No. 2009 Nigeria Naira to US Dollar, 2009 NGN to USD Currency Converter. US Dollar. Current exchange rate US DOLLAR (USD) to NIGERIA NAIRA (NGN) including currency converter, buying & selling rate and historical conversion chart. Full history please visit NGN/EUR History some other services takes up to 24 hours but nge is less than 12h . USD US Dollar to NGN Nigerian Naira Currency Rates Today: Tuesday, 26/05/2020. Latest update of 2009 Nigerian Naira (NGN) exchange rate.Reversed rate: How much is 2009 Nigerian Naira to US Dollar? 37 of 1998,No. $2009.00 = ₦783811.35 ↓ … 24 of 1991, CBN Decree Amendments 1993,No. 2009 NGN = 4.4164 EUR. =. 3. Exchange rates are updated every 15 minutes. Nigerian Naira US Dollar (USD) to Nigerian Naira (NGN). 46.62. 1972 $1 = N0.658 1973 $1 = N0.658 1974 $1 = N0.63 1975 $1 = N0.616 Currency conversion rates from Zimbabwe Dollar to Nigerian Naira today Thu, 26 Nov 2020: convert from ZWD to NGN and also convert in a reverse direction. The exchange rate history on the table below shows the opening and closing exchange rate of the Naira against the United States Dollar (USD) from 1981 to date. XE’s free live currency conversion chart for Nigerian Naira to US Dollar allows you to pair exchange rate history for up to 10 years. Convert currency 2009 NGN to USD. Exchange Rates Updated: Nov 27,2020 18:06 UTC. Corruption has taken a catastrophic toll on the exchange rate of the naira. 4 of 1997,No. The page provides the exchange rate of 2009 Nigerian Naira (NGN) to US Dollar (USD), sale and conversion rate. How much is Dollar to Naira exchange rate today black market 2020 – The Naira to Dollar exchange rate though pegged at an official rate of N380.5 per $1 had been at what could be described as freefall in the black market. It shows the exchange rate of the two currencies conversion. 46.76. Only enter the numbers, any other characters or seperation marks will be trashed, in the box to the left of Nigeria Naira (NGN), then click the "Convert" button; Click on "Nigeria Naira (NGN)" link to convert Nigeria Naira to all other currencies; Click on "US Dollar (USD)" link to convert US Dollar to all other currencies; Click on the link "Swap currencies" to convert from US Dollar to Nigeria Naira; Click on the "Group converter" link to convert a group of numbers all at one time. Invert the table to see US Dollars per 1 Nigerian Naira. Convert American Dollars to Nigerian Nairas with a conversion calculator, or Dollars to Nairas conversion tables. Convert From Convert To Exchange Rate More Info; US Dollar (USD) United Arab Emirates … Also, view Dollar to Naira currency charts. — 5.28 US Dollar. Rates are based on real time exchange rates. 783811.35 NGN. Find Below Naira to Dollar Exchange Rate History. Older generations would be able to relate to the good times better when the Naira was as strong as the Dollar but for the newer generation seeking the history of the Naira against the dollar this article should help you with that. About Nigeria Naira (NGN) The Nigeria Naira (Sign: ₦; ISO 4217 Alphabetic Code: NGN; ISO 4217 Numeric Code: 566;) There are 2 minor units.The coins are ½, 1, 5, 10, 25, 50 kobo, 1 & 2 naira, while the bank notes are 5, 10, 20, 50, 100, 200, 500 & 1000 naira. 3 of 1997,No. Convert currency 2009 NGN to USD. In 2016, the black market exchange rate of the Naira was about 60% above the official rate. NGN to USD currency chart. Moreover, we added the list of the most popular conversions for visualization and the history table with exchange rate diagram for 2009 Nigerian Naira (NGN) to US Dollar (USD) from Tuesday, 15/12/2020 till Tuesday, 08/12/2020. US Dollar (USD) to Nigerian Naira (NGN), 2009 Nigerian Naira to British Pound Sterling, 2009 Nigerian Naira to New Zealand Dollar. It tumbled to N380 in 2019 with oil price at $65.Nigeria might have to learn exchange rate management from Kenya. The first notes that were introduced were the 50 Kobo, 1 Naira, 5 Naira, 10 Naira, and 20 Naira. N50 notes were not introduced until 1991. Section 12 Sub-sections (1) to (5), CBN Act of 2007 (Ammended) Nairaland Forum / Nairaland / General / Business / Naira To Dollar Exchange Rate History (7475 Views) History Of Naira To Dollar Exchange Rate (1972-2019) / Naira - Dollar Exchange Rate From 1972 Till Date / Doller To Naira Exchange Rate History. Date Naira per US $ Date Naira per US $ 1972 0.658 1973 0.658 1974 0.63 1975 0.616 1976 0.62 1977 0.647 1978 0.606 1979 0.596 1980 0.550 (0.900 PM) 1981 0.61 1982 0.673 1983 0.724 1984 0.765 1985 0.894 (1.70 PM) The naira appreciated against the dollar … 2009 NGN 38 of 1998,1999 and CBN Act of 2007. Convert 1 Nigerian Naira to US Dollar. Export to Excel Export this data to a CSV file which can be imported by Microsoft Excel. 2009 Nigerian Naira to US Dollar, convert 2009 NGN in USD. The naira traded at N81 to the dollar in 1999 when oil price was less than $30 per barrel. Naira To Dollar Exchange Rate History - Business - Nairaland. — 5.29 US Dollar. GEF/R.5/Inf.15/Rev.1 February 12, 2010 Fifth Meeting for the Fifth Replenishment of the GEF Trust Fund March 9-10, 2010 Rome, Italy AVERAGE EXCHANGE RATES: MARCH 2009 – SEPTEMBER 2009 AND INFLATION RATES OF GEF DONORS (PREPARED BY THE WORLD BANK AS TRUSTEE) 1 USD = 46.76 INR as of Dec 31, 2009. Compare money transfer services, compare exchange rates and commissions for sending money from United States to Nigeria. 1 USD = 46.73 INR as of Dec 30, 2009. 2009-12-29. Convert Euro To Nigerian Naira . View a graph which plots historical exchange rates for the Nigerian Naira against the US Dollar Invert table The table currently shows historical exchange rates for Nigerian Nairas per 1 US Dollar. = (adsbygoogle = window.adsbygoogle || []).push({}); As of Tuesday, Dec 15, 2020, 09:31 PM GMT, Nigerian Security Printing and Minting Company Limited, 10000000 Nigeria Naira = 26,316 US Dollar, 50000000 Nigeria Naira = 131,579 US Dollar, 100000000 Nigeria Naira = 263,158 US Dollar. Daily Hong Kong Dollar to Naira Foreign Exchange Market Review Hong Kong Dollar is being traded at ₦49.7682 in foreign exchange markets ( FX markets ) today, November 03, 2020. Get live exchange rates, historical rates & charts for NGN to USD with XE's free currency calculator. Exchange rates for the Nigerian Naira against foreign currencies from Asia and Pacific are displayed in the table above. Webmoney USD Naira NGN Absolutely The Best. 2. Exchange rate history This table shows the historical value of one U.S. Dollar in Nigerian naira - PM = Parallel Market. 2009 USD. The figures below are the exchange rate of $1 to Naira . Initial rate was noted as ₦49.7682 at the beginning of last week on Monday, October 26, 2020. How much is 2009 Nigerian Naira to US Dollar? Currently, the amount of foreign currency is regulated through weekly auctions, while the Central Bank sets the exchange rate. 46.73. I hope we have done justice to our Post on ” Abokifx Black Market Exchange Rate Today Dollar Euro Pounds Naira … 2009-12-30. 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 : Monthly Average Exchange Rates of the Naira: DAS/WDAS = Dutch Auction System/Wholesale Dutch Auction System, IFEM is Inter-bank Foreign Exchange Market, BDC is Bureau de Change * DAS/WDAS exchange rate from August 2005, include 1 per cent commission 390.15. However, some companies cite that budgets now include a 30% "premium" to be paid to central bank officials to get dollars… One of the important variables that have considerable influence on other socio – economic variables in Nigeria is the Nigerian naira / dollar exchange rate (Ismail, 2009). US Dollar (USD) to Nigerian Naira (NGN) Historical Exchange Rates on 31st December 2009 (31/12/2009) On December 31, 2009 the Official USD to NGN Exchange Rate: Close: 1 USD = 0 NGN US Dollar, Inverse: 2009.00 USD = 763420.00 NGN Though is my first time and i haven’t really try any other exchange services but nge seems to be doing great, after i transfer webmoney i got the equivalent naira in less than 8 hours, i know right? The values in the Exchange Rate column provide the quantity of foreign currency units that can be purchased with 1 Nigerian Naira based on recent exchange rates. BTC to (BTC) to ₦ (NGN) Litecoin to US Dollar to US Dollar $602.85. window.google_analytics_uacct = "UA-10608984-2"; This Nigeria Naira to US Dollar currency converter is updated with real-time rates every 15 minutes as of Dec 15, 2020. 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