This article examines the conversion of 70,000 Nigerian Naira (NGN) to US Dollars (USD), providing an overview of the current exchange rate, historical data, and tools for currency conversion.
As of today, seventy thousand (Nigerian Naira) is currently worth $48.67 (forty-eight US dollars 67 cents). This conversion is based on the mid-market exchange rates.
Current Exchange Rate: The current exchange rate is 0.0007.
Feel free to try converting the currency rate in reverse from US Dollars to Naira using the currency converter.
1 Us Dollar to Nigeria Naira Rates Today 09 JUNE 2024 1 USD to NGN
Historical Exchange Rate Data
A year ago, the currency rate for Nigerian Naira to US Dollar was $0.000597. Since then, the exchange rate has increased by 0.00010 USD (16.50%).
Read also: Current USD/NGN Value
Here's a summary of NGN to USD exchange-rate statistics over the last 7, 30, and 90 days:
| Statistic | Last 7 Days | Last 30 Days | Last 90 Days |
|---|---|---|---|
| High | 0.00070158 | 0.00070158 | 0.00070158 |
| Low | 0.00068812 | 0.00067767 | 0.00064990 |
| Average | 0.00069363 | 0.00068524 | 0.00066910 |
| Volatility | 0.80% | 0.42% | 0.35% |
NGN to USD Chart: A chart illustrating the NGN to USD exchange rate history is available, allowing you to analyze trends over various periods, from 7 days to 1 year.
Historical Analysis
On this day last year, ₦70,000.00 would have been exchanged for $41.78, $6.89 lower than today’s rate. The most favorable exchange rate over the past seven days was $48.67.
Currency Information
Let's explore some information about the currencies involved:
- NGN - Nigerian Naira: The currency code for Nigerian Nairas is NGN, and the currency symbol is ₦. The most popular Nigerian Naira exchange rate is the NGN to USD rate.
- USD - US Dollar: The currency code for US Dollars is USD, and the currency symbol is $. The most popular US Dollar exchange rate is the USD to USD rate.
Tools and Resources
Utilize various tools for currency management and analysis:
Read also: Exchange Rate Analysis
- XE App: Manage your currencies on the go with the XE app, offering easy, secure international money transfers with low fees.
- International Transfers: Send money to 190 countries across 130 currencies with flexible sending and receiving options.
- Rate Alerts: Set free rate alerts for any currency pair and receive notifications at your desired rate.
- Historical Currency Rates: Analyze rate trends for any currency over various periods, including days, weeks, months, or years.
Read also: Historical USD to NGN Data
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