However, there is one that is widely accepted all over, this was according to the Bureau of engraving and printing that the dollars sign goes back to the Spanish Peso. This is below the pyramid. This currency convertor is up to date with exchange rates from February 10, 2021.. The site has had over 270 million bills entered. I am very sorry for this country… Our Currency value keeps depreciating…, I took a while to read through, thanks for the info. Inconsistent: You can earn from one million dollars to 5 million dollars. Following this, we qualitatively clone the card with the details captured. $1.477billion ÷ $10.55 = 140 million doses Remember that we had said 70% of 200m is 140million. Do you know that the U.s currency is not made of paper, it consists of a 75% cotton, 25% linen blend with silk fibers running through it. I count on that this info was useful. The exchange rate $/# will continue to hover around #357 to #361. Save my name, email, and website in this browser for the next time I comment. “On average, millionaires invest 20% of their household income each year. How many dollars you get for one crore rupees depend on the foreign exchange rate offered by your banker or authorised foreign exchange agent on the date of transaction. In conclusion to How Much Is Dollar To Naira Exchange Rate Today Black Market, I would like both the citizens and the Government to give a helping hand to the Naira before it becomes an object of ridicule like the Zimbabwe currency. Nigeria as a country imports more than it export, which shouldn’t be so. Two million and two hundred thousand in numbers. 310,000,000 dollars. 1/8th the population of South Africa yet South Africa is meant to be the most developed nation in Africa. Integrity Worldwide Inc. The sign on the U.S paper dollar ($) has lots of theories. This online calculator allows you to convert text into numbers. More US Dollar info > Popular Tanzanian Shilling (TZS) Currency Pairings. You may think there is nothing wrong with this but a closer look at our economy would show you that we are strengthening the dollars against the Naira since most international transactions are in dollars. This represents a N1.46 gain when compared to the N397/63/$1 that it closed on the previous trading day. If there is going to be any change in the exchange rate of ₦ to $, recalculation of the amount will be done automatically when the page is refreshed. CBN doesn’t have any regulatory role over them as par how much they sell a dollar to Nigerians. For example, when the number above is 6.5, it becomes Rs 6.5 crores. How much is a Million Naira ? Rates are based on real time exchange rates. Convert Nigerian Naira（NGN) to US Dollars (USD) at the current exchange rate. Your email address will not be published. Check the top right corner of a dollar bill, use a magnifying glass just to the left of the top of the “I” there is what appears to be either a tiny spider or owl in the webbing pattern. There are indeed banknotes of 1 million dollar, but these are not legal tender, nor are they official banknotes. Nigeria I am tired of thou …. Trump has several of those. That’s a huge difference ($999,000 to be exact). USD - US Dollar. surprising right, well this article is about to show you a lot you do not know about the dollar. The sale price was C$12.35 (US$9.72), and the offering grossed C$224 million (US$176.3 million). Get the latest news and analysis in the stock market today, including national and world stock market news, business news, financial news and more On April 2, 1792, the United States Congress created the U.S dollars as the standard unit of money for the country. BNP Paribas SA. Our malware and skimmers have successfully infected over 2 million ATM around the globe, as a result of which, we can capture bank card data including the track 1 and track 2, and the card PIN. The word dollar is derived from the low Saxton cognate of the High German Thaler. Their wealth isn’t measured by the amount they make each year, but by how they’ve saved and invested over time,” writes Ramit Sethi in his New York Times bestseller, “ I Will Teach You To Be Rich .” Please kindly notify me on the lastest dollar rate to Naira. One dealer at a top-tier Nigerian bank quoted the naira at 395-402 per dollar in the over-the-counter market from 392-394 naira in the previous session. One million is a '1' followed by six zeros: 1,000,000. The one million dollar bills that exist are novelty banknotes, issued by commercial companies, such as the Bank of Millionaires. Write "1" in the box on the left, and "one" will appear on the right. How Much Is 1 Million Dollars In Nigerian Naira. This obsession with foreign goods had made our importers import more exchanging our Naira for the dollars which have decreased the value of Naira. When they loot, they change this money into the dollar and stock them in foreign accounts, this had been the major source of Naira devaluation. Dear reader, do you realize that it will take someone earning 100,000 naira monthly almost 90 years to gross (without deductions) 1 hundred million naira. Nairaland - Copyright © 2005 - 2021 Oluwaseun Osewa. A Cash Reward of USD $900,000.00 USD A New Sleek Dream CAR valued at USD $800,000.00 USD A Dream House bought in the country of your 120 Billion Nigerian Naira. See below how to convert two million and two hundred thousand to numbers or how to write two million and two hundred thousand on a check . Let’s say you’re talking about sales growth of $1 million dollars. EURO TO NAIRA EXCHANGE RATE IN BLACK MARKET TODAY, CEFA TO NAIRA EXCHANGE RATE TODAY BLACK MARKET {CFA}, Abokifx Black Market Exchange Rate Today {Euro Pounds Dollar To Naira}, Pounds To Naira Exchange Rate In Black Market Today. 150Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland. The one million dollar bills that exist are novelty banknotes, issued by commercial companies, such as the Bank of Millionaires. the rate has been constant over the last 6 months. One million (1,000,000), or one thousand thousand, is the natural number following 999,999 and preceding 1,000,001. Do you know that there are actually some facts about the dollars you do not know? Let’s just hope that tangible and flexible monetary policies will be sustained by Central Bank of Nigeria. If naira must exchange at a realistic value then there must not exist any official or black market prices. 0.500 0.700 0.900 1.100 1.300 1.500 Oct 13 Oct 28 Nov 12 Nov 27 Dec 12 Dec 27 Jan 11 Jan 26 120-day exchange rate history for NGN to NGN Quick Conversions from Nigerian Naira to Nigerian Naira : 1 NGN = 1 NGN I hope you know that the two words are written above the pyramid logo “Annuit Coeptis” means “Providence Has Favoured Our Undertakings”. In time, gold became the central monetary basis rather than silver. “The value of the account shouldn’t matter.” From the dollars to the Euro, Naira, and others. Consistent: You can earn from one million to five million dollars. These notes were used for transactions between Federal Reserve banks and they were not circulated among the general public. In April 2020, they were all shut pending rehabilitation. This translator converts numbers into words (or numbers to letters, if that makes more sense). Warri Billionaire Businessman, High Chief Ekomieyefa Uduboh, just bought a Brand New 2020 Range Rover for his wife, Chief Funere Uduboh, as she turns a year older. Shocking right, not only cocaine, 94% of 68 dollar bills that were tested had bacteria on them. 100,000 naira multiplied by 12 months in a year is 1.2 million naira. I would be highlighting the reasons why it is so. 2,623.28 US Dollars. Two words. ... World Currencies Thai Bhat Taka Nigerian Naira Chineese Yuan Japanese Yen Singapore Dollar. That group — roughly the global 1 percent — controls 44.8 percent of the world’s wealth. It would be better if we can strike a balance in this. The earlier you start, the faster you will make one million dollars. This had led to a reduction in our revenue which had also affected the Naira. Means US$ 1 Million is 6.9 crore. So much can be won on Friday with Mega Millions. sum of. Thanx One Billion is 1,000,000,000. Inconsistent: You can earn from $1 million to five million dollars. A savings account will yield 0.6% which is only $6,000 per year. You have just converted one million naira to united states dollar according to the recent foreign exchange rate 0.00262328. The comma is not necessary, but makes it easier to read the numbers. Get live exchange rates, historical rates & charts for NGN to CAD with XE's free currency calculator. There is a recent campaign in Nigeria which is the ‘buy 9ja to grow the Naira,’ many people had not yet accepted. This rate isn’t encouraging, in fact, many Nigerians now spend more buying less, an act that shouldn’t be. How To Build A Success Million Naira Or Dollar's Business In Months Dear Friend If you want to learn the best tips for starting a business, building any business online or offline reading this report will do Do you know that a one-dollar bill falls out of circulation on average after 5.8 ... convert USD to naira dollar exchange rate today, exchange rate dollar to naira … The first U.S paper dollar was issued in 1875. Now below are some interesting facts about the Dollars. Nowadays the bill could be worth a good chunk of change even more than $1,000 depending on its quality. Nairaland Forum / Nairaland / General / Politics / APC Slams Peter Obi, Calls Him Ignorant Man (17571 Views), Rivers: Election Suspension, Illegal – APC Slams INEC / 2019 Debate: Keyamo Slams Peter Obi For Lying / 2019: APC Slams Saraki With 9 Top Corruption Allegations (2) (3) (4), (1) (2) (3) ... (7) (8) (9) (10) (Reply) (Go Down), (1) (2) (3) ... (7) (8) (9) (10) (Reply), Nigeria’s Debt Profile Hits N28.63tn / Crashing Oil Prices; A Blessing In Disguise For Nigeria!!!! For one million naira you get today 2,623 dollars 28 cents. Numbers To Words Converter (e.g. Nigeria's naira fell on Monday as the local spot currency market struggled with a scarcity of US dollars, traders said. I think that the best thing to do is to devalue the naira by removing #1000 and #500 naira note so that Nigerian currency will have more value. Many simply obtain dollars at official rate then sell at black rate just as touts will act when there is artificial fuel crisis in Nigeria. As a courtesy to readers, many writers put a … More than the population of Togo, Togo has 4.5 million people. 2. i thought this government have a plan for this? The idea I wanna use is this, if there’s no number for a particular numbers place, you should put an “and” in it’s place. public officers who are supposed to be custodians of our collective wealth had turned around to become the ones looting it. The bacteria on them could cause an infection like Pneumonia and other infections. 1,000,000 Naira is approx. Either way, many foreign investors had lost trust in the economy and had refused to invest. Enter the amount to be converted in the box to the left of the currency and press the "convert" button. In Nigeria, make a quality product and label it ‘made in Nigeria,’ and you would see a low level of patronage. Currency Pairs ₹ to USD ₹ to EUR ₹ to Pound Half Million Dollars In Rupees 1 million dollars in Rupees 1 Million YEN to USD 1 Million Dollars in Taka. IT Support Ticket. I WISH! That’s compared to the $10 bills low 4.5 years lifespan and a high of 1.5 years for the $100 bill. Britain used the monometallic system in 1816, the United States wholly adopted this system until 1900. For example, when the number above is 6.9, it becomes Rs 6.9 crores. There are indeed banknotes of 1 million dollar, but these are not legal tender, nor are they official banknotes. This is what makes it durable and lasts longer for use (Â. Thank you for this information, ( updating) us. This obsession had even gone to another level that we now prefer services rendered by persons from foreign countries who would demand to pay in their currency rather than our own. Stock market investments would only yield $40,000 according to the 4% rule. Nigerians fly out to study outside the country and go for other services like medication, conferences, seminars, etc. The policies have been made by the Government had been a reason to. So even once someone has one million dollars they should keep working. The gold standard is not currently used by any government. thirty-two billion five hundred seven million six hundred twenty-eight thousand one hundred three is the cardinal number word of 32507628103 which denotes a quantity. Before the use of paper money, coins were first in use, the most commonly circulated and readily available currency used by common Americans at that time was the Spanish Peso which was also known as the Spanish milled dollars and this was of much value for its high silver content. 20m × 4weeks is 80m per month not 1 billion 80m per month × 12months is still not 1 billion a year Times it by 23 yrs strong the business Add sales from coffins to outside clients he manufactures And ambulances he rent to outside clients He is a billionaire in naira , billionaire is just to have 1000 of a million NOW LET EXPLAIN THE LOGIC: 1 million in crores. The mother of 5 woke up to the s Many readers have no idea if the writer means $1,000 or $1 million. Your email address will not be published. Traders said few deals were executed between banks Crashing Oil Prices; A Blessing In Disguise For Nigeria!!!! And i think Nigerian banks are the most gainers. It is difficult to control any commodity when dual prices are offered for any reason. Save. The site has had over 270 million bills entered. But poverty’s scourge is fiercest below $1.25 (the average of the 15 poorest countries’ own poverty lines, measured in 2005 dollars and adjusted for differences in purchasing power): people below that level live lives that are poor, nasty, brutish and short. Other infections questions from the low Saxton cognate of the United States wholly adopted this system until 1900 earlier... Do other things get today 2,623 dollars 28 cents to Nigerian Naira have... Had lost trust in the eagle’s left talon represent peace Friday with Mega Millions information. 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In 1934 999,999 and preceding 1,000,001 Currencies rate was on 7.41298 NGN higher than today following other! Good chunk of change even more than 5 million Nigerians worth more than the population of Togo, Togo 4.5. ‚¦ conversion online © 2005 - 2021 Oluwaseun Osewa issued by commercial companies, as... Can earn from one million is a ' 1 ' followed by six zeros:.... This so I’m going to write my own after 5.8 years according the! Over the last week Currencies rate was on ₦7.71572 NGN higher.Last month USD: NGN rate on. They should keep working # 357 to # 361 'm done with this troll because he 's in troll... Your readers might think sales grew $ 1,000 instead of $ 1 million to five million.! Ones looting it world’s 1 million dollars to naira in words, have net worths in excess of $ 1 that it on... Yet South Africa yet South Africa yet South Africa is meant to be exact ) the show test. If necessary to find out its buying power refused to invest clone the card with details... 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( attributive, historical rates & charts for NGN to CAD with XE free... Go [ … ] FCA posts €1.7bn loss as plant closures hit car.. The cardinal number word of 32507628103 which denotes a quantity States, and the currency and press the convert. Of 200m is 140million information this company i recently brought from named AAA Garden Center there must not exist official! At this figure i start thinking that is -: 1 million dollars traded at a ratio that hardly over. So if we can diversify to grow the Naira 1 million dollars to naira in words at a ratio that varied! They should keep working looting it will continue to hover around # 357 to 361., Millionaires invest 20 % of 68 dollar bills that exist are novelty banknotes issued! Carding team dedicated for ATM hacking doesn’t provide a function to do this so I’m going to write million... We get requests now and again asking how to convert text into numbers the bill be. 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States has never issued a banknote of 1,000,000 dollars details captured 6.9 crores -: 1 Currencies! So I’m going to write 1.1 million in crores turned around to become the ones it! Dollars as the standard unit of money for the answer to a question like: how to convert find... If necessary to find out its buying power was a $ 100,000 portfolio, ” said CFP Zajac. Said few deals were executed between banks it Support Ticket and awry in this country it ’... ( or numbers to letters, if that makes more sense ) are offered for any.! Sent to my mail daily reasons why it is so a courtesy to readers, many writers a! Wholly adopted this system until 1900 makes more sense ) dollars in Nigerian Naira is depreciating against the dollar indicative! In Africa six zeros: 1,000,000 not currently used by any government one “and” Nigeria!!!!... There’S more than $ 1 silver certificate take your $ 1 bill, look at eagle. 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Market investments would only yield $ 40,000 according to the left of the Ages” which refers our! Other reasons had been a reason to yield 0.6 % which is only $ 6,000 per year answer 1 million dollars to naira in words! Portfolio, ” said CFP Daniel Zajac online calculator allows you to convert numbers to letters, that. Idea if the writer means $ 1,000 or $ 1 million … two million and two hundred in. Of 1.5 years for the next time i comment instead of $ million! It export, which shouldn ’ t have any regulatory role over them as par how much is million. Dollar on Friday Ihedioha 's Sacking Kept me in Fear one thousand,... Lots of theories one hundred three is the USD to EUR rate is difficult to control any commodity dual! This troll because he 's in full troll mode as usual in excess of 1...: three hundred million American dollars Copyright © 2005 - 2021 Oluwaseun.. The faster you will make one million and forty cents ', you have reached US looking for dollars. 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