1 USD = 411.512NGN
To calculate the values for foreign currency conversions, we use the market exchange rates of 159 currencies of the world.
- Country of Circulation: United States, British Virgin Islands, Ecuador, Panama and others
- Currency Code, Symbol: USD, $
- Denominations of coins in circulation: 1Β’, 5Β’, 10Β’, 25Β’
- Denominations of banknotes in circulation: $1, $2, $5, $10, $20, $50, $100
- History:
The US dollar ($) is the national currency of the United States of America, one of the global reserve currencies. It is used as an official currency unit in Salvador, Marshall Islands, Panama, Bermuda. USD is used as an abbreviation for convenience and internationalization purposes.
The US dollar is subdivided into cents. Every dollar has 100 cents. The currency has existed since 1792. The first dollars were made out of silver, then paper notes appeared. They have had the traditional greenish or grey color from the outset. Around 35 million pieces of dollars of different denomination worth 635 million emigrate to the USA daily. 95% of the banknotes are to replace worn-out notes.
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- Country of Circulation: Nigeria
- Currency Code, Symbol: NGN, β¦
- Denominations of coins in circulation: 50 kobo, β¦1, β¦2
- Denominations of banknotes in circulation: β¦5, β¦10, β¦20, β¦50, β¦100, β¦200, β¦500, β¦1000
- History:
The Nigerian naira (β¦) is the national currency of Nigeria, a state located in Africa. The currency does not circulate in other countries. In international currency exchange, it is usually abbreviated to NGN.
The Nigerian naira can be subdivided into kobo. Every NGN has 100 kobo. The currency has first been issued in 1973, replacing the Nigerian pound. In 2014, the Treasury of Nigeria issued a series of commemorative banknotes worth 100 naira. The notes have a new design, an additional level of protection, and a code that refers you to a site with the history of the country.
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Popular amounts
Historical data of the 1 US Dollar to the Nigerian Naira exchange rate
1 USD to NGN chart
Other popular conversion pairs
FAQ
USD/NGN β US Dollar to Nigerian Naira conversion
Our USD/NGN currency converter allows instant conversion by live rates. Current value of 1 USD equals 411.5122 NGN.US Dollar to Nigerian Naira conversion
We use quotation information as of 2021-08-02 01:42 PM ET to calculate the conversion rate of two currencies. Specified values are considered average but can match the rates of specific financial organizations. To get a result, you only need to:- indicate an amount of money to convert in the window with US Dollars;
- wait for automatic USD to NGN conversion.
How has the dynamic of USD to NGN rate changed in the last week
Here you can also find a chart with the US Dollar rate fluctuations since 2015. In the last week, the pound to dollar conversion rate has changed by 1.402 NGN or +0.3407%.The dynamic of USD to NGN rate over the last month
The monthly data of USD to NGN conversion rate dynamic helps to understand market trends better. USD has moved by -0.121% or -0.498 NGN.