Deposit money banks including Guaranty Trust Bank Plc recently cut the amount of foreign currency customers can spend on international purchase from their naira mastercard to $100 a month from $3,000, with many banks now toeing the similar path to 2016 when Nigeria went into its first recession in 25 years. Exchange Rate Home >> Foreign Exchange Cities >> Athens Exchange Rate Athens. Athens is the capital of Greece. So, you've converted 1 CENTERCOIN to 0.143603 Nigerian Naira.We used 6.963639 International Currency Exchange Rate. With over €1.3 trillion in circulation, Euro is the most traded currency in the foreign exchange market after the USD. Dollar to Naira forecast for March 2021. When we look at this month, EUR was traded at ₦575 at the beginning of this January on Friday, January 1, 2021. Related Tag: euro to naira bank rate today, 2000 euro to naira, convert 100 euro to naira, convert 50 euro to naira, 200 euro to naira, 20 euro to naira. Save my name, email, and website in this browser for the next time I comment. 1 Nigerian Naira = 0.0021 Euro Use the currency converter below to calculate the current exchange rate for the city of Andorra la Vella. It is subdivided into 100 kobo. The symbol for NGN can be written N. Your business may need to pay overseas employees and suppliers, by transferring US Dollar to Naira in large amounts. The TransferWise debit card is like having your travel money on a card – it lets you send and spend money around the world at the real exchange rate. The currency code for Nairas is NGN, and the currency symbol is ₦. Bitcoin To Naira Today And Forecast 2021, 2022-2025. USD to NGN forecast at the end of the month 386, the change for March 0.5%. Below, you'll find Nigerian Naira rates and a currency converter. Individuals and businesses are sending money from USD to NGN online. In the beginning at 384 Nairas. Convert world currencies, precious metals, or obsolete currencies, which are marked with an asterisk (*). AUD to NGN – Australian Dollar to Nigerian Naira; 10,000 AUD is 2,939,216.0338 NGN We added the most popular Currencies and CryptoCurrencies for our Calculator. Currently, the amount of foreign currency is regulated through weekly auctions, while the Central Bank sets the exchange rate. With the online currency converter, you can make quick exchange rate conversions such as the Dollar to Naira , Euro to Naira , Pounds to Naira or Cedi to Naira . As at today with EUR being traded at ₦582 we see a 0.07% rise for European Euro to Naira exchange rate for this month. The Nigerian Naira is the currency of Nigeria. Click on Nigerian Nairas or Maltese Liri to convert between that currency and all other currencies. For some period of time now, CBN has taking up high flexibility when it comes to controlling foreign exchange. NGN to GBP – Nigerian Naira to Pounds; 10,000 NGN is 19.4492 GBP. This Maltese Lira and Nigerian Naira convertor is up to date with exchange rates from January 6, 2021. USD to NGN forecast for April 2021. Includes a live currency converter, handy conversion table, last 7 days exchange rate history and some live Nigerian Naira to Euros charts. In the first story of our series on the impact of COVID-19 on Nigeria, we look how its economy considers strategies to reduce the naira’s dependence on volatile oil prices. Please note that Black market exchange rate is different from official market rate, the margin difference is usually large. Moving money across borders can be surprisingly complex. CAD to NGN – Canadian Dollars to Nigerian Naira; 10,000 CAD is 2,984,738.4523 NGN. Once again, a similar risk exists with the Eco, especially as West African countries are not known for their discipline and cooperation. The fragility of the reserves being used to support the naira and it's revalued rate shows that Nigeria needs to find new ways of earning foreign currency. You may also have several personal reasons for exchanging your USD to NGN that range from buying property abroad to paying foreign university tuition. The Nigerian Naira is the currency in Nigeria (NG, NGA). Latest Currency Exchange Rates: 1 Euro = 464.4577 Nigerian Naira On this page convert EUR to NGN using live currency rates as of 11/01/2021 09:32. Below, you will find Nigerian Naira rates to all the major currencies world wide and a currency exchange converter. Having a weaker currency relative to the rest of the world can help … The Central Bank of Nigeria is the sole issuer of legal tender money throughout the Federation. With over €1.3 trillion in circulation, Euro is the most traded currency in the foreign exchange market after the USD. Currency converter The converter shows the conversion of 1 Greek drachma to US dollar as of Monday, 11 January 2021. Andorra la Vella is the capital of Andorra. The currency used in Andorra la Vella is the Euro . Being a new currency, Euro has successfully outperformed most currency and climb to the 2nd position in the forex exchange market. 1 Naira = 100 kobo Symbol ₦ The naira is the currency of Nigeria. Enter the amount to be converted in the box to the left of Maltese Lira. Type currency names, 3-letter ISO currency symbols, or country names to select your currency. Pound To Naira Forecast 2021, 2022-2025. More Nigerian Naira info > Just like in the case USD, the Naira is having a free fall against the EUR in the foreign exchange market despite constant intervention by the central bank of Nigeria. If you are traveling to Andorra la Vella, you will need to exchange your currency for the Andorran Euro. Whether you are making a quick overseas payment or have an ongoing expense, to maximize your bottom lines and reduce the costs associated with international transfers, it’s important to consider transfer fees. NGN Exchange Rates Nigerian Naira (NGN) To Greek Drachma (GRD) Currency Exchange Rates History. To convert a certain amount of Nigerian Naira use currency converter. The most popular Nigeria Naira exchange rate is the NGN to EUR rate. Convert Turkish Liras to Nigerian Nairas with a conversion calculator, or Liras to Nairas conversion tables. Being a new currency, Euro has successfully outperformed most currency and climb to the 2nd position in the forex exchange market. The currency code for Nairas is NGN, and the currency symbol is ₦. Use the currency converter below to calculate the current exchange rate for the city of Athens.The currency used in Athens is the Euro. The naira has been weakening against the U.S. dollar since June when the Central Bank scrapped the currency peg that had kept it at an artificially-high value of around 198 NGN per USD for over a year. GBP to NGN – Pounds to Nigerian Naira; 10,000 GBP is 5,141,600.0000 NGN. Latest Currency Exchange Rates: 1 Nigerian Naira = 0.0022 Euro On this page convert NGN to EUR using live currency rates as of 12/01/2021 01:34. This makes it 0.00% rise for European Euro against Naira this week. Choose a percentage from the interbank rate list to better approximate the tourist exchange rates actually charged by your financial institution. Although foreign currency is regulated through weekly auctions, the CBN controls and set exchange rate. Use "Swap currencies" to make Nigerian Naira the default currency. It is subdivided into 100 kobo. Naira Currency Converter - Get daily market exchange rates of US Dollar, Euro, and Pounds to Nigeria Naira including charts showing the latest exchange rate history. You may also have several personal reasons for exchanging your USD to NGN that range from buying property abroad to paying foreign university tuition. ll 【GRD1 = $0.003574】 Greek drachma to US dollar rate today. While the Central Bank had pledged to move Euro is a currency introduced to harmonise and perfect a Single European Market. Our currency rankings show that the most popular Nigeria Naira exchange rate is the USD to NGN rate. The Central Bank of Nigeria is the sole issuer of legal tender money throughout the Federation. 1000000 (EUR) Euro= 469,006,824.2644 (NGN) Nigerian Naira (four hundred sixty-nine million six thousand eight hundred twenty-four Nigerian Naira, and twenty-six kobo) ↻ 1 Euro = 469.0068 Nigerian Naira. Greece, a country that represents about 2% of the Eurozone, nearly led to the collapse of the currency union as a result of its fiscal indiscipline. Dollar (USD) to Naira Black Market Rate Today, Canadian Dollar to Naira Black Market Rate. You might encounter the need to transfer currency more often than you expect. No Currency or The Notorious Naira Get also a Lira to Naira currency converter widget or currency conversion guide sheet or chart for your website. Historical Nigerian naira / Greek drachma History of daily rates NGN /GRD since Thursday, 21 … The main issuing body of Euro is the European Central Bank with headquarters in Frankfurt am Main, Germany. NGN Exchange Rates Additionally, the currency calculator shows the closing rate of the previous day as well as the highest and lowest rates of the conversion United States dollar - Nigerian naira. Use this free online historic currency converter to calculate the foreign money exchange rates between Nigerian Naira (NGN) to Greek Drachma (GRD). Also, view Naira to Franc currency charts. The averaged exchange rate 386. Also, view Lira to Naira currency charts. Your business may need to pay overseas employees and suppliers, by transferring US Dollar to Naira in large amounts. Nairabarter.com offers various free online currency tools, including an Online Currency Converter which allows visitors to easily convert any currency of the world to Naira. The entire process can be very time consuming, not to mention the expensive fees. You might encounter the need to transfer currency more often than you expect. Exchange rates for NGN is … NOTE: The chart above depicts the mid market rate which differs from to our calculation of the average margin based on the market performance. Nigerian Currency Exchange Rate Today . Get also a Naira to Franc currency converter widget or currency conversion guide sheet or chart for your website. Includes a live currency converter, handy conversion table, last 7 days exchange rate history and some live Euros to Nigerian Naira charts. The euro is the official currency of 19 of the 27 member states of the European Union, known as the eurozone. The Greek Drachma is the currency in Greece (GR, GRC). Euro comes in the following denomination: €500, €200, €100, €50, €20, €10, and €5. Directly after the peg was abandoned on 20 June, the currency lost over 40% of its value against the USD and fell to 282 NGN per USD. As you go about transacting, let’s give you a few hints and fact about Euro. NGN - Nigerian Naira. History of Euro to Naira Bank Rate Today. NGN to CAD – Nigerian Naira to Canadian Dollars; 10,000 NGN is 33.5038 CAD. It aim and objective is to facilitate free trade and economic activities in the Eurozone axis of participating countries. Although when the currency was about to be launched, there were series of problems encountered. Find the best money transfer rates to get the best quotes. EUR is being traded at ₦582 in Black Market(Lagos) today, Saturday, January 16, 2021. The point listed above are the some important facts about the Euro. Our currency rankings show that the most popular Nigeria Naira exchange rate is the USD to NGN rate. 1 Naira = 100 kobo Symbol ₦ The naira is the currency of Nigeria. Maximum 392, minimum 380. If you are traveling to Athens, you will need to exchange your currency for the Greek Euro. Convert NGN (Nigerian Naira) to any other foreign currency. Currently, the amount of foreign currency is regulated through weekly auctions, while the Central Bank sets the exchange rate. We know you want to pay the lowest rate possible when exchanging and sending USD to NGN which is why wire transfers through your personal bank aren't recommended. EUR has been traded at ₦582 when Black Market opened this week on Monday, January 11, 2021. The symbol for GRD can be written Dr. We bring to you EUR/NGN (EURO to Naira) exchange rate based on Black Market Exchange Rates, Lagos, Nigeria today, being. About 19 European countries that are within eurozone makes use of the Euro as their official currency. Euro comes in the following denomination: €500, €200, €100, €50, €20, €10, and €5. The Naira is the name of the money used in Nigeria. Currency devaluations can be used by countries to achieve economic policy. The symbol for Euro is € and the exchange rate of Euro to Naira in the black market in Lagos today is. Our team are constantly monitoring the EUR /NGN (EURO to Naira) exchange rate. Convert Nigerian Nairas to Rwanda Francs with a conversion calculator, or Nairas to Francs conversion tables. Get also a Lira to Naira currency converter widget or currency conversion guide sheet or chart for your website. 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