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1000 Nigerian naira to Barbadian Dollar Exchange Rate | NGN to BBD - XTransfer

1000Nigerian naira to Barbadian Dollar exchange rate

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NGN to BBD

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Result

1 NGN = 0.0014555 BBD

11:31 Exchange Rate

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NGN to BBD  AI Predictive Analysis

XTransfer is the first platform for B2B foreign trade finance in China. It provides safe, convenient and low-cost international collection solutions for small, medium and micro enterprises, with 0 account opening fee and 0 handling fee. New users can receive up to 200000 RMB free foreign exchange settlement quota for registration. The current NGN/BBD market is slightly volatile, focusing on macroeconomic policies and changes in international market demand, and AI forecasts can help users grasp trends.

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As of August 15, 2025

analysis of influencing factors:Economic Policy, International Demand
potential resistance level:0.001305
Operational recommendations:Stay on the sidelines and focus on key data releases
Forecast Time Range:Next 1-2 weeks
Market sentiment:Cautiously optimistic
Brief Technical Review:The exchange rate is in a volatile range and has not broken through the key level.
Recent volatility:Low
AI Confidence Index:Medium
Potential support level:0.001295
trend prediction:Next 1-2 weeks

AI analysis is for reference only. Please judge based on actual conditions.

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1 USD to CNY Historical Exchange Rate Trends

1 USD = -- CNY

00:12 Exchange Rate

USD - CNY+0%
History
7D
1M
3M
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Nigerian naira Exchange Rate Conversion Table

NGN
NGN
USD
USD
CNY
CNY
1 NGN0.000718090.0048872
10 NGN0.00718090.048872
25 NGN0.017952250.12218
50 NGN0.03590450.24436
100 NGN0.0718090.48872
500 NGN0.3590452.4436
1000 NGN0.718094.8872
5000 NGN3.5904524.436
10000 NGN7.180948.872

NGNNGN - Nigerian Naira

The naira was introduced in 1973 as a replacement for the Nigerian pound. The NGN plays a central role in Africa's largest economy, supporting a diversified economy, particularly the oil and agriculture industries.

  • Supporting unit:1 Naira = 100 Kobo
  • Denomination of banknotes:5, 10, 20, 50, 100, 200, 500, 1000 Naira
  • Reserve currency:No, the primary reserves consist of foreign currencies such as USD, EUR, and RMB.
  • Banknote material:Most are paper-based, while some small denominations are made of polymer.
  • Metal composition:Nickel-plated steel core, copper alloy, aluminum alloy, etc.
  • Currency symbol:₦
  • Paper currency size:For example, 1000 Naira is approximately 151mm × 78mm.
  • language:en
  • Main unit:Naira
  • ISO code:NGN
  • Currency name:Nigerian Naira
  • Exchange Rate System:Regulated floating exchange rate system
  • Central Bank:Central Bank of Nigeria
  • Safe-haven currency:No, there are significant fluctuations in exchange rates and strong capital controls.
  • Coin denomination:50 Cobos, 1, 2 Naira (seldom used).
  • Countries of Use:Nigeria is the only country where it is used officially.
  • Cross-border payment:Naira is not freely convertible in the international market and is primarily settled through the SWIFT network and banking intermediaries. Cross-border payments often use the US dollar or euro as intermediary currencies, which limits efficiency.

BBDBBD - Barbados Dollar

The Barbados dollar was officially introduced in 1973, replacing the previously used East Caribbean dollar. The currency is pegged to the US dollar at a fixed exchange rate of 1 US dollar to 2 Barbados dollars. As one of the more stable currencies in the Caribbean financial system, the Barbados dollar reflects the country's regional dominance in the tourism and service industries.

  • Supporting unit:1 yuan = 100 fen
  • Denomination of banknotes:2, 5, 10, 20, 50, 100 BBD
  • Reserve currency:No, it has not been widely used as an international reserve currency.
  • Banknote material:Cotton paper with anti-counterfeiting watermark and security thread.
  • Metal composition:Copper-nickel alloy, nickel-plated steel
  • Currency symbol:Bds$
  • Paper currency size:The dimensions vary, approximately 140mm × 70mm.
  • language:en
  • Main unit:1 yuan
  • ISO code:BBD
  • Currency name:Barbadian dollar
  • Exchange Rate System:Fixed exchange rate system, pegged to the US dollar, 1 USD ≈ 2 BBD.
  • Central Bank:Central Bank of Barbados
  • Safe-haven currency:No, the liquidity is low and primarily serves the local economy.
  • Coin denomination:1, 5, 10, 25, and 50 cents, and 1 yuan coins.
  • Countries of Use:Official currency of Barbados.
  • Cross-border payment:The Barbados dollar supports international transfers through the SWIFT system, with its fixed exchange rate closely tied to the US dollar, which plays a central role in cross-border payments. In regional trade, the circulation of the Barbados dollar is relatively limited, with international payments primarily conducted in US dollars.
NGNNGN
The Nigerian Naira (NGN) stands as the official currency of Nigeria, playing a vital role in the nation’s financial ecosystem. In 2025, the naira’s significance grows as it navigates economic challenges and opportunities. You’ll notice its exchange rate against the US Dollar at ₦1,610.13, reflecting a 13.43% rise over the past year. Despite this improvement, Nigeria’s inflation rate of 24.23% highlights ongoing pressures that impact purchasing power. The NGN currency also influences global trade...
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BBDBBD
You use currency codes every time you check exchange rates or send money abroad. The iso 4217 code BBD refers to the BBD（Barbadian Dollar）, a key part of the world currency system. These codes help you avoid confusion in banks, airports, and online stores. With a unique three-letter code for each currency, you can trust that your transactions stay clear and accurate.HighlightsCurrency codes like BBD help you identify money clearly and avoid mistakes when sending or receiving payments.The ISO 421...
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FAQ

With Nigerian naira to Barbadian Dollar exchange rate fluctuations, will I receive less money?

Yes, the real-time exchange rate fluctuations between Nigerian naira and Barbadian Dollar directly impact your trade profits. Due to the time lag in international payments, if NGN depreciates or BBD strengthens at the time of settlement, the actual amount of BBD you receive will decrease due to exchange losses. Therefore, monitoring the trend of Nigerian naira and choosing the right exchange rate window is key to ensuring your trade proceeds do not shrink.

Why is the bank's exchange rate different from the one I found online?

The exchange rates found online are usually mid-market rates, which serve only as a market reference and are not the bank's actual transaction price. When performing currency settlement, banks deduct a "spread" (the difference between buying and selling prices) from the real-time mid-market rate to cover transaction costs. This spread causes the final amount you receive to be lower than the theoretical value calculated at the mid-market rate. Therefore, when calculating the actual profit of trade orders, you should rely on the bank's real-time "buying rate" rather than the reference rate.

Are AI-predicted exchange rates for Nigerian naira to Barbadian Dollar accurate?

AI predictions for NGN to BBD are trend references based on historical big data and market sentiment models. While AI can capture the patterns of NGN through algorithms, it is difficult to 100% foresee sudden international political events or policy adjustments. Therefore, the predicted value of Nigerian naira to Barbadian Dollar should serve as a supplementary suggestion for choosing a settlement window, rather than an absolute guarantee of the transaction price.

Are there any hidden fees when exchanging NGN to BBD?

In cross-border transactions involving Nigerian naira to Barbadian Dollar, intermediary bank deductions are the most common hidden cost. When NGN is sent through non-direct banking routes, correspondent banks will deduct a service fee, resulting in the actual amount of BBD received being less than expected. To ensure your NGN order profits are not eroded, it is recommended to confirm whether the receiving bank supports the "Full Pay" (OUR) mode before initiating the Nigerian naira exchange to avoid extra fees during Barbadian Dollar credit.

Why do different banks offer different exchange rates for Nigerian naira to Barbadian Dollar?

This is because there is no unified fixed exchange rate globally; financial institutions add their own "spread" to the international mid-market rate of NGN to BBD. Different banks have varying position management and operational costs for NGN, which directly determines the fluctuations in their NGN settlement prices. Therefore, when converting Nigerian naira to Barbadian Dollar, businesses will find slight differences in real-time quotes, and choosing a channel with a lower spread can yield more Barbadian Dollar.

How to conduct international cross-border payments conveniently?

The key to efficient international settlement lies in shortening the intermediate transfer links of global currencies. Through XTransfer, a one-stop foreign trade financial service platform, enterprises can quickly open multi-currency global collection accounts online without queuing at physical branches, enabling real-time payment, collection, and settlement. The compliance declaration consulting and exchange settlement services provided by XTransfer effectively solve the challenges of slow arrivals and opaque fees, making it a more convenient choice for SMEs handling bulk trade settlements.

Is it really safe to send money online via XTransfer?

XTransfer is absolutely secure. Your funds are protected by our top-level security measures to ensure every transaction is safeguarded. If there is a delay, we will refund the service fee to compensate your loss.
Disclaimer: The exchange rate data on this page is collected from public sources for reference only. Due to frequent fluctuations, XTransfer cannot guarantee accuracy or timeliness. Please refer to the real-time quotes from banks, related institutions, or trading systems.