Often asked: How Much Is 500 Dollars In Nigeria?

How much is $500 US dollars in Nigeria?

Are you overpaying your bank?

Conversion rates US Dollar / Nigerian Naira
50 USD 19400.00000 NGN
100 USD 38800.00000 NGN
250 USD 97000.00000 NGN
500 USD 194000.00000 NGN

How much is $1000 in Nigeria money?

Are you overpaying your bank?

Conversion rates US Dollar / Nigerian Naira
1000 USD 388000.00000 NGN
2000 USD 776000.00000 NGN
5000 USD 1940000.00000 NGN
10000 USD 3880000.00000 NGN

Is $100 a lot in Nigeria?

Largely depends on who you ask. $100 is around 36,000 Naira which is twice our current official minimum monthly wage. To someone who earns minimum wage, which unfortunately is the bulk of the Nigerian populace, it is a lot of money.

Is 500 naira a dollar?

For five hundred naira you get today 1 dollar 21 cents. NGN to USD Table.

₦20 = $0.05
₦50 = $0.12
₦100 = $0.24
₦ 500 = $1.21

How much is a dollar to a naira now?

Handy Conversion Data Table

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Dollars to Nigerian- Naira Nigerian- Naira to Dollars
1 USD 412.4853 NGN 0.0024 USD
2 USD 824.9706 NGN 0.0048 USD
5 USD 2062.4265 NGN 0.0121 USD
10 USD 4124.8531 NGN 0.0242 USD


Is 500 a lot of money in Nigeria?

$500 is a handful of money, you could engage in a start-up and it sure would take you a long way. Although depending on ones location, There are people who open a beauty bar and generate mild income.

What is the world’s weakest currency?

TOP 10 – The Weakest World Currencies in 2021

  • #1 – Venezuelan Sovereign Bolívar (1,552,540 VES/USD)
  • #2 – Iranian Rial (~229,500 IRR/USD)
  • #3 – Vietnamese Dong (23,002 VND/USD)
  • #4 – Indonesian Rupiah (14,032 IDR/USD)
  • #5 – Uzbek Sum (10,483 UZS/USD)
  • #6 – Guinean Franc (10,234 GNF/USD)

Is CEFA higher than Naira?

Or that, upon exchanging currencies, 1 Euro is equal to 335.6 Naira while 1 Euro is equivalent to FCfa 655.9570. In reality, the difference between the two Cameroonian and Nigerian currencies is rather on the number of notes issues.

Is $1000 a lot of money in USA?

It’s lot of money in America. Lot of people unknowingly talk oh for them it’s 1000 rupees., no no it’s not, even in Usa 1000 usd is lot of money. The buying power of the money is huge.

Who is the richest kid in Nigeria 2021?

Summary of top 10 richest kids in Nigeria

Rank Name of Kid Net Worth(₦)
1 Mompha Junior 500 million
2 Ahmed Starboy 65 million
3 DJ Young Money 61 million
4 Emmanuella 60 million

How much is a Coke in Nigeria?

Cost of living in Nigeria is, on average, 59.27% lower than in United States. Cost of Living in Nigeria.

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Restaurants Edit
Coke /Pepsi (12 oz small bottle) 129.72₦
Water (12 oz small bottle) 91.98₦
Markets Edit
Milk (regular), (1 gallon) 3,879.51₦


Can a Nigerian marry an American?

Marriage to a U.S. citizen or lawful permanent resident provides foreign-born persons a direct path to U.S. immigration. You can also choose to get married first in Nigeria or another country, and then apply for an immigrant visa with which to enter the United States. (This visa is the equivalent of a green card.

How much is Western Union to naira?

Western Union Exchange Rates

Currency Rate Change
USD ₦ 380.28 0.00%
EUR ₦ 445.18 1.06%
GBP ₦ 496.26 -0.01%

What can you buy with 500 naira?

10 Things You Can Buy With 500 Naira

  • A pair of slippers like this. Check Balogun market or Mandillas if you think we ‘re lying.
  • 1GB of data on a Spectranet router. We ‘re not kidding.
  • A plate of food at a local buka.
  • Recharge cards.
  • Netflix and chill.
  • Suya.
  • A movie ticket in Ibadan.
  • Nivea body spray.

How many naira is 1bitcoin?

Convert Bitcoin ( BTC ) to Nigerian Naira ( NGN ) with the Valuta EX Currency Converter

1% 1 BTC 16462315.73 NGN
2% ATM rate 1 BTC 16296029.71 NGN
3% Credit card rate 1 BTC 16129743.69 NGN
4% 1 BTC 15963457.68 NGN

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