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Template to convert other currencies into United States dollars, by year, based on information from the International Monetary Fund Template parameters [Edit template data] Parameter Description Type Status Amount 1 value in foreign currency to convert to USD Example 22816 Number required Country code 2 country ISO 3166-1 alpha-3 country code Example MEX Line required year year Year to convert ...
According to a recent (June 2024) report by Naija News, the parallel market exchange rate of the naira to the U.S. dollar is around ₦1483 per 1 USD, significantly higher than the official Central Bank of Nigeria rate. This disparity highlights underlying economic challenges and market pressures. [69] Rate of the Nigerian naira for US$1 (1994 ...
Display a table link to exchange rates between a currency to one of the top 9 most traded currencies in the world, and, optionally, three other currencies. Template parameters [Edit template data] This template prefers inline formatting of parameters. Parameter Description Type Status Currency code 1 The currency code to be used in this template. String required Additional currency 2 ...
Nigerian one thousand-naira note ( ₦ 1000 or NGN 1000) is a denomination of the Nigerian currency. The one thousand-naira note was introduced in October 2005. [1] It is the highest Naira denomination. On 12 October 2005, Olusegun Obasanjo launched the ₦ 1000 note. [2]
In some places there is a thriving street trade by unlicensed street traders in US dollars or other stable currencies, which are seen as a hedge against local inflation. The exchange rate is grossly more favourable to the seller of the foreign currency than is the official bank rate, but such trading is usually illegal.
The Nigerian bakery product market size is expected to show significant growth in the forecast period 2020–2026. [83] Primera Food in cooperation with Michael Foods started production of noodles on a big scale in Ogun state in 2022. [79] Kellogg's opened a production plant for her products in the Lekki Free Trade Zone in Lagos in 2022. [79]
Map of Africa by 2020 nominal GDP (billions USD): ... Nigeria: 199.721 877.073 7
Nigerian States by Estimated GDP, 2021 Nigerian States by GDP, 2010. The following table presents a listing of Nigeria's 36 states ranked in order of their estimated total GDP in 2021 according to a 2022 report by BudgIT. [1]