How much is a dollar to naira in 1993?

Indeed, for most of 1993, the naira was administratively pegged at N21. 9900 per dollar.

How much was a dollar to naira in 1993?

In 1993, during General Sani Abacha's regime, the official exchange rate of the naira to the dollar was ₦22 to $1.

How much was a dollar to naira in 1995?

At the Bureaux de Change, the rate closed at N83. 69 to a dollar in 1995, appreciated to N83. 15 per dollar in 1996 before depreciating continuously to N99. 26 per dollar in 1999.

What was the value of 1 dollar in 1992?

Furthermore, the devaluation changed the exchange rate from 1 USD to 25.92 INR in 1992. The Indian currency value kept falling since then!

How much was a dollar to naira in 2005?

This led to an appreciation of the exchange rate from its level of N132. 15/US$ in 2005 to N128. 65/US$, N125. 83/US$ and N118.

This 1 Naira Coin from 1991-1993 Could Be Worth $1,000,000!

What was the exchange rate of a dollar to a Naira in 1994?

30 (N21. 90 Black Market Rate) 1994 $1 = N22. 33 (N56. 80 Black Market Rate) 1995 $1 = N21.

How much is one dollar in naira 2025?

The lowest US dollar to Nigerian nairas rate was on February 28, 2025 when 1 US dollar was worth 1,490.0500 Nigerian naira.

How much is a dollar to naira in 1997?

In 1997 Nigeria continued the liberalizing of the foreign exchange mechanism instituted in 1995. Under the foreign exchange decree of 1995, the AFEM was reestablished, allowing private companies to source foreign exchange at the parallel market rate (about 85 naira to the dollar in November 1997).

How much was a dollar in 1994?

$1 in 1994 is equivalent in purchasing power to about $2.18 today, an increase of $1.18 over 31 years. The dollar had an average inflation rate of 2.55% per year between 1994 and today, producing a cumulative price increase of 117.98%.

What was the interest rate in Nigeria from 1970 to date?

Deposit Interest Rate in Nigeria averaged 9.40 percent from 1970 until 2025, reaching an all time high of 27.00 percent in September of 1993 and a record low of 2.00 percent in April of 1976. source: Central Bank of Nigeria.

How much was 1$ worth in 1993?

$1 in 1993 is equivalent in purchasing power to about $2.24 today, an increase of $1.24 over 32 years. The dollar had an average inflation rate of 2.55% per year between 1993 and today, producing a cumulative price increase of 123.56%.

How old is 5 naira?

The N5 note was originally introduced in 1979 and in 1984 the colours were changed while the essential features of the note remained the same.

What was the dollar rate in India in 1947?

The rupee was worth one shilling and sixpence in sterling in 1947. The US dollar was worth ₹3 in 1947 not 1, and ₹85.81 in December 2024.

What was Naira to Dollar in 2000?

Dollar-Naira Exchange Rate from 1997 to date (Black Market Rate.) 1997 $1 = N84. 58 1998 $1 = N84. 70 1999 $1 = N88-N90 (PDP) 2000 $1 = N105.

How much is Nigeria worth in 2025?

World Economics estimates Nigeria's 2025 GDP at $2.593 trillion in PPP terms (Purchasing Power Parity) and an initial estimate of $2.671 trillion for 2026.

How much is $1 dollar in naira now today?

The current value of 1 USD is NGN 1,536.01 NGN.

What was naira to Dollar in 1993?

Indeed, for most of 1993, the naira was administratively pegged at N21. 9900 per dollar.

How much was 1 dollar to naira in 2010?

This is the US Dollar (USD) to Nigerian Naira (NGN) exchange rate history data page for the year of 2010, covering 365 days of USD NGN historical data. Best exchange rate: 155.8226 NGN on 21 Dec 2010. Average exchange rate in 2010: 122.2606 NGN.

How much was 1 dollar in 2000?

$1 in 2000 is equivalent in purchasing power to about $1.88 today, an increase of $0.88 over 25 years. The dollar had an average inflation rate of 2.55% per year between 2000 and today, producing a cumulative price increase of 87.60%.

How much is $1 in 1947 worth today?

$1 in 1947 is worth $14.49 today.

How much was naira to dollar in 2019?

This is the Nigerian Naira (NGN) to US Dollar (USD) exchange rate history data page for the year of 2019, covering 365 days of NGN USD historical data. Best exchange rate: 0.0033 USD on 27 Aug 2019. Average exchange rate in 2019: 0.0028 USD. Worst exchange rate: 0.0027 USD on 19 Aug 2019.