Belize Dollar To Nigerian Naira: Understanding The Exchange Rate

As of 28 July 2024, 1 Belize Dollar (BZD) is worth 823.5589 Nigerian Naira (NGN). The Markets Insider currency calculator offers a quick and easy way to convert between these two currencies, using both current and historical rates. This tool is ideal for investors trading on international stock exchanges, as well as vacationers visiting either country.

Belize dollar to Nigerian naira conversion rate

The Belize dollar to Nigerian naira conversion rate varies depending on the date and the tool used for the conversion.

Conversion Rates

As of June 5, 2023, 1 Belize Dollar was worth 429.14013 Nigerian Naira, according to coinmill.com. However, on July 28, 2024, Exchange Rates UK reported a significantly higher rate, with 1 Belize Dollar being worth 823.5589 Nigerian Naira.

Conversion Tools

Both Exchange Rates UK and coinmill.com offer free online conversion tools that allow users to calculate the Belize Dollar to Nigerian Naira exchange rate. Markets Insider also provides a currency calculator for this conversion, allowing users to compare current and historical rates.

Historical Rates

The Markets Insider currency calculator also enables users to access historical exchange rates for the Belize Dollar to Nigerian Naira conversion. This can be a valuable feature for those who want to track the rate over time or need to perform conversions using rates from specific dates.

BZD to NGN exchange rate calculator

If you're looking to convert Belize Dollars (BZD) to Nigerian Nairas (NGN), there are several online exchange rate calculators that can help you. These calculators are easy to use and provide up-to-date exchange rates, making it convenient to determine the value of one currency in terms of the other.

One such calculator is provided by CoinMill.com. This website offers a simple conversion tool where you can enter the amount in Belize Dollars and get the equivalent value in Nigerian Nairas. It also allows you to swap the currencies to perform the reverse calculation. CoinMill.com provides the latest exchange rates, ensuring that you get accurate information for your conversions.

Another reliable source for currency conversion is XE.com. Their currency converter tool lets you convert between various currencies, including BZD and NGN. XE.com uses mid-market rates, which are typically the most accurate and widely used exchange rates. It's important to note, however, that when sending money, the actual rate received may differ from the mid-market rate.

Additionally, Markets Insider offers a currency calculator for converting between BZD and NGN. This calculator provides conversions at the current exchange rate, making it useful for vacationers and investors dealing with different currencies. One unique feature of this calculator is its ability to show historical exchange rates, allowing you to view the closing, opening, highest, and lowest rates for specific dates. Markets Insider's calculator supports over 160 international currencies, making it a versatile tool for various currency conversions.

These online exchange rate calculators are designed to be user-friendly and efficient, providing you with the necessary information to understand the value of BZD in terms of NGN or vice versa. They are valuable tools for anyone travelling between Belize and Nigeria, or for those involved in international investments and transactions.

Current BZD to NGN exchange rate

As of June 14, 2024, 1 Belizean dollar (BZD) is equivalent to 733.11819 Nigerian nairas (NGN). This means that 1 Nigerian naira is equivalent to 0.00136404 Belizean dollars.

The mid-market exchange rate as of June 16, 2024, is slightly different, with 1 BZD being equivalent to approximately 750.4 NGN.

The BZD/NGN exchange rate has been fluctuating over the past 90 days, with a high of 811.7600 and a low of 667.3250. This means that the average exchange rate over this period was 749.9287.

It is important to note that the exchange rates provided by banks and traditional providers may not be accurate as they often include extra costs, which are passed on to the customer by marking up the exchange rate. Online currency converters, such as Wise and Xe, provide real-time mid-market exchange rates, which can help individuals make huge savings on international money transfers.

Historical BZD to NGN exchange rates

2024

As of 28 July 2024, 1 BZD was worth 823.5589 NGN. This is higher than the rate on 27 July 2024, when 1 BZD was worth 822.6743 NGN.

2020

On 1 January 2020, 1 BZD was worth 180.70 NGN. By 16 January, the rate had dropped to 179.29 NGN, the lowest point of the month. The highest rate in January was 180.70 NGN.

In February 2020, the highest rate was 181.51 NGN, and the lowest was 179.61 NGN.

On 1 March 2020, 1 BZD was worth 181.41 NGN. The highest rate in March was 193.86 NGN, and the lowest was 180.95 NGN.

In April 2020, the highest rate was 193.83 NGN, and the lowest was 182.05 NGN.

In May 2020, the highest rate was 194.00 NGN, and the lowest was 191.67 NGN.

In June 2020, the highest rate was 192.46 NGN, and the lowest was 191.55 NGN.

In July 2020, the highest rate was 193.52 NGN, and the lowest was 191.84 NGN.

In August 2020, the highest rate was 193.52 NGN, and the lowest was 187.74 NGN.

In September 2020, the highest rate was 192.24 NGN, and the lowest was 188.74 NGN.

In October 2020, the highest rate was 191.37 NGN, and the lowest was 188.47 NGN.

In November 2020, the highest rate was 191.24 NGN, and the lowest was 188.63 NGN.

In December 2020, the highest rate was 195.83 NGN, and the lowest was 188.27 NGN. The average exchange rate for the whole of 2020 was 1 BZD = 188.67 NGN.

BZDNGN rate

The Belize dollar to Nigerian naira exchange rate (BZD/NGN) is a way to compare the value of the two currencies. As of 28 July 2024, 1 BZD was worth 823.5589 NGN. This rate fluctuates and has changed in recent days: on 27 July 2024, 1 BZD was worth 822.6743 NGN, and on 25 July 2024, 1 BZD was worth 791.6625 NGN.

The BZDNGN rate is influenced by various economic and political factors in both Belize and Nigeria. Exchange rates are determined by the supply and demand for each currency in the international foreign exchange market. This supply and demand can be influenced by a range of factors, including interest rates, inflation rates, economic growth, political stability, and the balance of trade between the two countries.

Currency exchange rates can be found through online currency converters, which are available through financial websites and organisations. These converters allow users to compare current and historical exchange rates. Some converters also provide charts and data showing the rate's history, allowing users to track fluctuations and compare rates over time.

The BZDNGN rate is important for individuals and businesses who need to exchange currencies or make transactions involving both Belizean and Nigerian currencies. It also impacts trade and investment between the two countries and can influence tourism, as travellers will consider the exchange rate when planning trips and spending in each country.

When exchanging or investing in currencies, it is essential to remember that rates can change rapidly in response to various factors. The rates provided by online converters are for informational purposes and may not be the exact rates received when exchanging money. It is always advisable to consult a financial expert or use a trusted money transfer service for up-to-date information on exchange rates and the potential impact on your finances.

Frequently asked questions