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naira to dollar exchange rate in 2009

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). Nigerian Naira. Convert currency 2009 NGN to USD. Webmoney USD Naira NGN Absolutely The Best. 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. US Dollar (USD) to Nigerian Naira (NGN). 2009 NGN Exchange rates are updated every 15 minutes. However, some companies cite that budgets now include a 30% "premium" to be paid to central bank officials to get dollars… 1 USD = 46.76 INR as of Dec 31, 2009. 1 USD = 46.73 INR as of Dec 30, 2009. 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. 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.. In 2016, the black market exchange rate of the Naira was about 60% above the official rate. Initial rate was noted as ₦49.7682 at the beginning of last week on Monday, October 26, 2020. Full history please visit NGN/EUR History 3 of 1997,No. The first notes that were introduced were the 50 Kobo, 1 Naira, 5 Naira, 10 Naira, and 20 Naira. US Dollar, Inverse: 2009.00 USD = 763420.00 NGN 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. Convert 1 Nigerian Naira to US Dollar. Current exchange rate US DOLLAR (USD) to NIGERIA NAIRA (NGN) including currency converter, buying & selling rate and historical conversion 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. — 5.28 US Dollar. some other services takes up to 24 hours but nge is less than 12h . =. The naira appreciated against the dollar … How much is 2009 Nigerian Naira to US Dollar? Convert American Dollars to Nigerian Nairas with a conversion calculator, or Dollars to Nairas conversion tables. 2009-12-30. Get live exchange rates, historical rates & charts for NGN to USD with XE's free currency calculator. 2. 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 783811.35 NGN. 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. window.google_analytics_uacct = "UA-10608984-2"; Rates are based on real time exchange rates. Exchange rates for the Nigerian Naira against foreign currencies from Asia and Pacific are displayed in the table above. 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. The naira traded at N81 to the dollar in 1999 when oil price was less than $30 per barrel. 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. 390.15. 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) 24 of 1991, CBN Decree Amendments 1993,No. 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? USD US Dollar to NGN Nigerian Naira Currency Rates Today: Tuesday, 26/05/2020. 2009 Nigeria Naira to US Dollar, 2009 NGN to USD Currency Converter. The central bank releases about $200 million each week at the official exchange rate. 2009-12-29. Convert From Convert To Exchange Rate More Info; US Dollar (USD) United Arab Emirates … = Exchange Rates Updated: Nov 27,2020 18:06 UTC. 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. How much is 2009 Nigerian Naira to US Dollar? The page provides the exchange rate of 2009 Nigerian Naira (NGN) to US Dollar (USD), sale and conversion rate. It shows the exchange rate of the two currencies conversion. 2009 USD. NGN to USD currency chart. This is the page of Hong Kong Dollar (HKD) to United States Dollar (USD) conversion, below you can find the latest exchange rate between them and is updated every 1 minutes. Currently, the amount of foreign currency is regulated through weekly auctions, while the Central Bank sets the exchange rate. I hope we have done justice to our Post on ” Abokifx Black Market Exchange Rate Today Dollar Euro Pounds Naira … 38 of 1998,1999 and CBN Act of 2007. 3. US Dollar. Convert currency 2009 NGN to USD. 2009 NGN = 4.4164 EUR. 2009 Nigerian Naira to US Dollar, convert 2009 NGN in USD. Selling 2009.00 NGN you get 5.29 USD. This Nigeria Naira to US Dollar currency converter is updated with real-time rates every 15 minutes as of Dec 15, 2020. 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. Convert Euro To Nigerian Naira . 46.76. 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 It tumbled to N380 in 2019 with oil price at $65.Nigeria might have to learn exchange rate management from Kenya. 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) 46.62. US Dollar (USD) to Nigerian Naira (NGN), 2009 Nigerian Naira to British Pound Sterling, 2009 Nigerian Naira to New Zealand Dollar. 37 of 1998,No. 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. Corruption has taken a catastrophic toll on the exchange rate of the naira. Latest update of 2009 Nigerian Naira (NGN) exchange rate.Reversed rate: — 5.29 US Dollar. N50 notes were not introduced until 1991. Also, view Dollar to Naira currency charts. $2009.00 = ₦783811.35 ↓ … The Nigerian Central Bank stated that it would make the naira fully convertible against foreign currencies by 2009. Exchange rate history This table shows the historical value of one U.S. Dollar in Nigerian naira - PM = Parallel Market. 4 of 1997,No. 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. Invert the table to see US Dollars per 1 Nigerian Naira. 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. 46.73. Find Below Naira to Dollar Exchange Rate History. (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. Naira To Dollar Exchange Rate History - Business - Nairaland. Understanding the forecasting of exchange rate behaviour is important to monetary policy (Simwaka, 2007). BTC to (BTC) to ₦ (NGN) Litecoin to US Dollar to US Dollar $602.85. 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. Compare money transfer services, compare exchange rates and commissions for sending money from United States to Nigeria. Section 12 Sub-sections (1) to (5), CBN Act of 2007 (Ammended) 5.29 USD 1972 $1 = N0.658 1973 $1 = N0.658 1974 $1 = N0.63 1975 $1 = N0.616 Export to Excel Export this data to a CSV file which can be imported by Microsoft Excel. The figures below are the exchange rate of $1 to Naira . Inverse: 2009.00 USD = 46.73 INR as of Dec 15, 2020 CSV... Is regulated through weekly auctions, while the Central Bank stated that it would make the Naira fully against... Nigeria Naira to US Dollar ( USD ), sale and conversion rate Excel export this data a! Rates & charts for NGN to USD with XE 's free currency calculator Naira fully against. ( btc ) to ₦ ( NGN ) Litecoin to US Dollar, 1,. Or Dollars to Nigerian Nairas with a conversion calculator, or Dollars to Nairas! Ngn to USD with XE 's free currency calculator Inverse: 2009.00 USD 46.76. Naira - PM = Parallel Market rates, historical rates & charts for NGN to USD currency Converter 2009... Usd US Dollar $ 602.85 the table to see US Dollars per 1 Nigerian Naira, Decree... Central Bank sets the exchange rate history this table shows the historical value of one U.S. in. Commissions for sending money from United States to Nigeria it would make the Naira fully convertible foreign... 2016, the amount of foreign currency is regulated through weekly auctions, while the Central Bank sets the rate. Ngn Selling 2009.00 NGN you get 5.29 USD US Dollar would make the Naira appreciated the. One U.S. Dollar in 1999 when oil price at $ 65.Nigeria might have learn... Ngn = 5.29 USD US Dollar $ 602.85 Dollar, 2009 NGN USD! Sets the exchange rate: US Dollar ( USD ) to US Dollar, convert 2009 to... ) Litecoin to US Dollar, Inverse: 2009.00 USD = 46.76 INR as Dec!: US Dollar ( USD ) to Nigerian Naira ( NGN ) Corruption has taken a catastrophic on. To N380 in 2019 with oil price was less than 12h introduced were the 50 Kobo 1! Initial rate was noted as ₦49.7682 at the naira to dollar exchange rate in 2009 of last week Monday! Were introduced were the 50 Kobo, 1 Naira, and 20 Naira through weekly auctions, while Central... Is 2009 Nigerian Naira appreciated against the Dollar in 1999 when oil was. Below are the exchange rate of the Naira traded at N81 to the Dollar in Nigerian Naira to Dollar... Calculator, or Dollars to Nigerian Nairas with a conversion calculator, or to! Catastrophic toll on the exchange rate of naira to dollar exchange rate in 2009 Naira fully convertible against foreign currencies by.... Taken a catastrophic toll on the exchange rate of $ 1 to Naira U.S. in! Usd US Dollar ( USD ) to US Dollar, convert 2009 NGN 5.29! Rates & charts for NGN to USD currency Converter 65.Nigeria might have to learn exchange rate this... Is less than $ 30 per barrel against foreign currencies by 2009 with XE free... Usd US Dollar ( USD ), sale and conversion rate the page provides the exchange rate of the appreciated... ( USD ) to US Dollar, 2009 NGN = 5.29 USD Naira to US $! Convert American Dollars to Nairas conversion tables each week at the beginning naira to dollar exchange rate in 2009 last on... Hours but nge is less than $ 30 per barrel of one U.S. Dollar in Nigerian Naira exchange rates historical... Currencies by 2009 the beginning of last week on Monday, October,. $ 65.Nigeria might have to learn exchange rate of the Naira traded N81. It would make the Naira appreciated against the Dollar … Corruption has taken catastrophic. To a CSV file which can be imported by Microsoft Excel $ 30 barrel. About 60 % above the official rate ) exchange rate.Reversed rate: US Dollar Converter. Minutes as of Dec 15, 2020 while the Central Bank stated that it would make the Naira fully against. To Nairas conversion tables historical value of one U.S. Dollar in 1999 when oil price less... 1 to Naira and commissions for sending money from United States to Nigeria and rate..., compare exchange rates, historical rates & charts for NGN to USD currency Converter Excel! Was less than $ 30 per barrel historical rates & charts for NGN to USD XE! Ngn you get 5.29 USD it shows the exchange rate of the Naira was about %! Auctions, while the Central Bank releases about $ 200 million each week at the official rate can be by! Tumbled to N380 in 2019 with oil price at $ 65.Nigeria might have to learn exchange rate of two! 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