According to the data at theFMDQSecurity Exchange where forex is traded officially, the dollar to naira exchange rate stood at (undisclosed). Dollar to Naira parallel market exchange rate is between 760 and 770 with an average of 763.75 in Nigeria today on 27/02/2023, according to 4 sell rates coming from the users in the comments section. WANT TO BUY OR SELL CURRENCIES/CRYPTOS? Exchange Rate of Dollar To Naira in Black Market Today? Cash 762. For the basic conversion, we use the midpoint between the buy and sell rates of USD to NGN at currency exchanges across the globe. Even though the dollar to naira opened in the parallel market at N770 per $1 today . The Dollar/ Naira have not had a smooth ride ever since 1986, the relationship between both currency has been unpredictable leaving the economy of Nigeria poorer. The current exchange rate is equivalent to 460.4700. See today's Dollar to Naira exchange rate. Here is Todays CAD to Naira black market rate : this is the rate Aboki/Bureau De Change (BDC) are selling and buying The Canadian Dollar currency (Euro) currently in Abuja, Kano, Lagos. EUR=797 Disclaimer: NgnRates.com can not guarantee correctness and trustworthiness of the information and contacts shared here. Despite attempts by the government to control the black market exchange rate, it continues to persist and has far-reaching implications for the countrys economy and the daily lives of its citizens. I have 600 dollars for sale at 755 rate also am in Lagos ,,lekki (07058562122) we can met access bank.. Good morning everyone. Over the last 7 days, the best beneficial exchange rate was 460.24. Your experience on this site will be improved by allowing cookies. Here is Todays Poundsto Naira black market rate : this is the rate Aboki/Bureau De Change (BDC) are selling and buying The Great British Pounds currency (Pounds) currently in Abuja, Kano, Lagos. At this rate, per the most recent black market exchange rate, $100 today would be equivalent to 80000 NGN in Lagos, Nigeria. More also the second most traded currency known as Euro/Naira traded at 790 buy and 775 sell respectively in the black market. Today we buy Dollar @757 and sell @767, we also buy pounds @910, Euro @780, Riyal @180, Dirham @180 e.t.c and we send and receive money UK, US, Dubai e.t.c.office address Wuse Zone 4, Constantine street, BULAMA HOUSE. The CBN Exchange rate is the rate you can buy or sell dollars for naira listed on CBN dollar to naira website cbn.gov.ng. Late President Sani Abacha held the Naira with an iron grip for a period of five years. call 07086601942, I have 700 USD for sale @ 770 rate call 09017413553 Ajah Lagos. The rate at which you can buy or sell dollars for naira on the CBN's website, cbn.gov.ng, is known as the exchange rate. The black market exchange rate in Nigeria refers to the unofficial or illegal exchange of currency, usually at a rate that is significantly different from the official government-sanctioned rate. This leaves a question if devaluation of the Naira under a flexible exchange rate will solve the problem once and for all. Black market dollar to naira exchange rate today 27 February 2023, Take your protest to the Courts not streets Buhari tells losers, 100 Happy New Month Of March Messages, March Prayers, March Wishes, and March Quotes, Alhassan Doguwa arrested over alleged electoral violence at Kano Airport, CBN official Naira to Foreign Exchange rates today, 1 March 2023, 50 Happy New month of March text messages, prayers and wishes for loved ones, Happy New Month Messages for Your Loved Ones, Family and Friends For March 2023, Tinubus speech after winning presidential election, Tinubu declared winner of 2023 presidential election, Angry women protest in Abuja over elections, threaten to go naked (Photos), Do not strike against my anointed Pastor Adaji warns against call to arrest Paul Enenche, BREAKING: Peter Obi defeats Tinubu, Atiku in Abuja, Naija News: Top Nigerian News headlines for today, Monday, 27 February 2023, I dont believe in any of the presidential candidates Burna Boy, CBN official Naira to Foreign Exchange rates today, 28 February 2023, Black market dollar to naira exchange rate today 28 February 2023. A: Todays exchange rate (442.655) is lower compared to yesterdays rate (442.8151). We sell GBP for 935/, EURO for #820/, USD for 760/$, AUD @ #560, RMB for #115 & CAD for 590/C$. In fact the act allows 1 dollar to equal to 100 cents as seen today. This can make it difficult for businesses to plan and budget, leading to decreased economic activity. Check send rates Nigerian Naira to US Dollar conversion Last updated Feb 28, 2023, 06:55 UTC Convert Nigerian Naira to US Dollar Agriculture should be encouraged mostly in the North, more also security most be provided so that farmers can return back to the farm. At this critical point the country had to introduce the bureaux de change. The black market commonly referred to as Aboki market rate for dollars is usually higher than the exchange rate at the banks which is usually regulated by the Central Bank of Nigeria (CBN). RMB=#112, While the black market rate can offer a better value for your money, it is important to be cautious and only deal with reputable money changers. Today we buy Dollar @765 and sell @777, we also buy pounds @910, Euro @780, Riyal @180, Dirham @180 e.t.c and we send and receive money UK, US, Dubai e.t.c.office address Wuse Zone 4, Constantine street, BULAMA HOUSE. Today we buy Dollar @780 and sell @785, we also buy pounds @910, Euro @780, Riyal @180, Dirham @180 e.t.c and we send and receive money UK, US, Dubai e.t.c.office address Wuse Zone 4, Constantine street, BULAMA HOUSE. 27 February dollar to naira black market exchange rate: $1 dollar to naira = 765 The local currency opened at N765.00 per $1 at the parallel market otherwise known as the black market today Monday, 27 February 2023, in Lagos Nigeria, after it closed at N765 per $1 on Sunday, 26 February 2023. CHF =650 The local currency ( abokiFx) opened at N755.00 per $1 at the parallel market otherwise known as the black market, today, Friday, 27th January 2023, in Lagos Nigeria, after it closed at N750.00 per $1 on Thursday, 25th January 2023. XAF=#1000, XOF=#1100, A: One Dollar is worth 442.655 Nigerian Naira today. Yesterday Saturday 12th November,2022 black market price of dollar to Naira was at N680/$. The government is often unable to meet the demand for currency, leading to shortages and the development of an unofficial market. IMPORTANT NOTE: The exchange rate changes hourly. it depends on the volume of dollars available and the Demands. (forex) trading closed at N460.45 per $1 on Thursday, February 24. We are using cookies to give you the best experience on our website. Note that the official exchange rate was 22 naira, the black market exchange rate was around 88 naira to 1 $. We have good rate for any currency global business plan Today we buy Dollar @745 and sell @755, we also buy pounds @910, Euro @760, Riyal @180, Dirham @180 e.t.c and we send and receive money UK, US, Dubai e.t.c.office address Wuse Zone 4, Constantine street, BULAMA HOUSE. Call/WhatsApp 09078785157 or +447418352266. We sell GBP for 935/, EURO for #820/, USD for 755/$, AUD @ #555 & CAD for 580/C$. We are selling dollar today at 780 per dollar. call 07086601942, Good morning everyone. For many Nigerians, the black market rate is the preferred way to convert dollars to Naira, as it offers a better value for their money. Government Debt: National debt can impact investor confidence and, as a result, the influx of funds into the economy. This would mean that the Nigerian currency either gained or dropped in value against the United States dollar, astheforeign exchange (forex)trading closed atN460.47 per $1 on Monday, February 27. Please, DO NOT TRADE with the users commented here; use this platform only for data purposes. We sell GBP for 935/, EURO for #820/, USD for 765/$, AUD @ #565, RMB for #115 & CAD for 595/C$. (forex) trading closed at N460.47 per $1 on Monday, February 27. This website uses cookies to ensure you get the best experience on our website. . 750. I got $5000 to sell 770 if you are interested call me 08062242266 Abuja only. GBP=935 Good morning, rate for dollar today is 772 and selling for 780, contact our office @ No6 Woju, opposite Golden Guinea. Here is the USD to Naira exchange rate for today: See the Naira performance across various currencies. You change your USD to naira at these rate or convert dollar to naira at the latest black market rate or parallel market. 770. Conveniently pay SUPPLIERS, SCHOOL FEES, CERTIFICATIONS, VISA APPLICATION fees and students/family UPKEEP. Dollar To Naira Exchange Rate Today Black Market, Dollar To Naira Today Black Market Rate Conversion. Aboki fx dollar to naira exchange rate has also been added here so you can easily verify each of the rate for the currencies you want to exchange in the parallel markets. Get the latest exchange rates of the Dollar to Naira, Euro to Naira, Pounds to Naira and other currencies to Naira at the black market. Dollar to Naira conversion is a popular topic in Nigeria, as the value of the Nigerian currency (Naira) is closely tied to the value of the US dollar. GBP=#935, The following are the current black market rate today of Bureau De Change (BDC) operators in Lagos for selling and buying Ghanaian Cedi to Naira at the parallel (unofficial) market. Disclaimer. I have 3 dollar to sell at the rate of 770 in lagos, Good afternoon All We open market with our Good rates for today USD=#755, EUR=#797, GBP=#935, CAD=#600, XAF=#1000, XOF=#1100, SAR=#180, AED=170 GHS=#40, RMB=#112, EGP =#25, Rand = #25 TRY =#25, CHF =#650, GBP =#600, We have good rate for any currency global business plan Contact us @ 07039096299 Office address:- Ballo house, opp zone4 plaza. Dollar to Naira black market exchange rate today is between 755 and 760 with an average of 757.50 on 01/03/2023 in Nigeria, according to 2 sell rates extracted from the comments coming from our users. Subsequently the government miraculously obtained a debt relief of. Dollar prices on the black market are usually higher than those set by the Central Bank of Nigeria (CBN). By clicking Accept, you consent to the use of ALL the cookies. The exchange rate between the British pound and the Nigerian naira is a topic of significance for the Nigerian economy and its citizens. We will always update the latest rate on a daily basis to keep you informed. How much is the dollar exchange rate to Naira in Black Market today? WHATSAPP ME ON 07055661818. Office address: 9 Odunlami St Opposite First Bank, Marina, Lagos. You cant predict what the market will turn out to be but we are trying our best to track what rate the USD/Naira are traded on daily basis. The local currency opened at N745.00 per $1 at the parallel market otherwise known as the black market today Thursday, Oc tober 20 2022, in Lagos Nigeria, after it closed at N740.00 per $1 on Wednesday 19, October 2022. Today we buy Dollar @755 and sell @765, we also buy pounds @910, Euro @780, Riyal @180, Dirham @180 e.t.c and we send and receive money UK, US, Dubai e.t.c.office address Wuse Zone 4, Constantine street, BULAMA HOUSE FCT ABUJA, Nigeria. . Dollar to Naira (USD to NGN) Black Market Exchange Rate Today. Contact us @ 08137444388 Sources within the apex bank said that Adedotun and abokiFX Limited are currently under investigation for illegal foreign exchange transactions. The local currency ( abokiFx) opened at N765.00 per $1 at the parallel market otherwise known as the black market, today, Monday, 27th February 2023, in Lagos Nigeria, after it closed at N765.00 per $1 on Sunday, 26th February 2023. Here are some of the causes of the dwindling dollar to naira exchange rate. Inflated prices: The higher exchange rates in the black market often result in inflated prices for imported goods, leading to increased inflation and a decrease in purchasing power for consumers. Even when oil prices fell to $50 per barrel Nigerians didn't feel the impact as there was enough Dollars to cushion the effect. They stockpile money in anticipation of a gain, causing the naira to plummet even lower. Everything comes from China, India, and the majority of Asian countries. If you disable this cookie, we will not be able to save your preferences. The existence of a black market exchange rate can also reduce the confidence of foreign investors and discourage investment in the country, further damaging economic growth and stability. Today we buy Dollar @744 and sell @754, we also buy pounds @910, Euro @760, Riyal @180, Dirham @180 e.t.c and we send and receive money UK, US, Dubai e.t.c.office address Wuse Zone 4, Constantine street, BULAMA HOUSE. We sell GBP for 930/, EURO for #815/, USD for 755/$, AUD @ #555 & CAD for 580/C$. Parallel market rates (black market rates) are obtained from various sources including online media outlets. In an effort to control the black market exchange rate, the government may impose restrictions on currency exchange, leading to further economic disruption. AbokiFX, registered in Arizona, United States, is the 63rd most visited website in Nigeria as of September 16, 2021. The Naira was exchanged at 22 naira for $1 officially. AED=170 Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. Nigeria started to witness low inflow of Dollars from the sale of oil because of the collapse of oil prices in the international market. Conveniently pay suppliers, WES Degree Evaluation, school fees, certifications, visa application fees and students/family upkeep. Central Bank Governor, Godwin Emefiele has said that the Nigerian Economy needs a massive turnaround and has urged Nigerians to work towards it. US Dollar to Nigerian Naira conversion Last updated Feb 28, 2023, 12:59 UTC. TRY =25 The table shows the data and analysis of the variations. It is quite different from the cash rates. Business minded people only. In the majority of cases, this data is sufficient to predict future changes. EUR=#770, Location: Magodo Phase 2, Lagos. XOF=#1100, SELL 775 BUY AND WE BUY INFLOW CASH DEPOSIT AT ANY BANK ACCOUNT SMALL ALHAJI DANJIMMA BUREAU DE CHANGE IS AVAILABLE CALL ME FOR BUSINESS 07044474267 OR CHARTE ME AM ACTIVE DANJIMMA MY LOCATION IS LAGOS APAPA KINGSWAY CLOSE TO 3CHUB. The government may choose to devalue the naira in order to increase competitiveness and stimulate economic growth. TRY =#25, The Nigerian Economy is drastically affected by the Dollar to Naira exchange rate. at same time forex was given to those who the government sees as qualified to receive them. It is important for the government and businesses to closely monitor the exchange rate and develop strategies to mitigate its impacts and take advantage of its opportunities. Today on the black market, 1 Naira () is trading around $730 for purchase and $745 for sale. The following are the current CAD to naira black market rate today of Bureau De Change (BDC) operators in Lagos for selling and buying Canadian Dollars at the parallel (unofficial) market. DO YOU HAVE ANY CURRENCIES/CRYPTOS TO SELL? to speed up industrialization as witness in China and other country with weaker currency. The local currency opened at N770.00 per $1 at the parallel market otherwise known as the black market today Thursday, 23rd February 2023, in Lagos Nigeria, after it closed at N770 per $1 on Wednesday, 22nd February 2023. I have 600USD to sell for 770 at Ikeja Lagos. The following is the current United States Dollar (USD) conversion to Euro. The official exchange rate for euro to naira is set by the Central Bank of Nigeria (CBN) and is typically lower than the black market rate. The exchange rate between the US dollar and the Nigerian naira is a topic of great interest and concern in Nigeria. We RECEIVE & SEND to banks in Europe , UK , US , CHINA , INDIA & CANADA . Were your secure, convenient and fast cross-border transfer/payment plug. Despite these challenges, the dollar to naira exchange rate can also provide opportunities for economic growth and development in Nigeria. Black market dollar to naira exchange rate today 28th February 2023 can be accessed below. CHF =#650, Canadian Dollar To Naira, Australian Dollar To Naira And Other Currencies To Naira Exchange Rates, Dollar To Naira Black Market Exchange Rates Today, Euro To Naira Black Market Exchange Rates Today, Pounds To Naira Black Market Exchange Rates Today, How To Start Saving Money In Dollars In Nigeria (All you need to know), List Of All The Bureau De Change Operators (BDC) Approved By CBN in Nigeria, Nigerian Banks, CBN And BDC Naira Exchange Rates. Call/WhatsApp 08088261410. Here is Todays Dollar to Naira black market rate : this is the rate Aboki/Bureau De Change (BDC) are selling and buying The United States dollar currently in Abuja, Kano, Lagos. For example, the government may limit the amount of currency that can be exchanged or the types of transactions that can be conducted. When we compare last week's numbers with todays (01/03/2023) rate, the average of Dollar to Naira rate saw a 6.5 points decrease from 764.00 to 757.50 which equals to a 0.85% fall. Were your secured, convenient and fast cross-border transfer/payment plug. The black market exchange rate in Nigeria continues to be a persistent problem, with far-reaching implications for the countrys economy and the daily lives of its citizens. Necessary cookies are absolutely essential for the website to function properly. A: $100 USD is currently equal to 97.5844 EUR. GBP =#600, But in reality, di buying rate of di dollar to di naira na N680 and di selling rate na about N710 for black market [dis figure fit don change]. Buying Rate. This is because, at the current exchange rate, 100 USD would equal 80000 NGN if converted to NGN. We sell GBP for 935/, EURO for #820/, USD for 770/$, AUD @ #575, RMB for #115 & CAD for 595/C$. USD is being traded at 757 in Black Market(Lagos) today, Wednesday, March 1, 2023. See CBN & black market exchange rate for dollar to naira aboki fx. We have good rate for any currency global business plan Speculators: Speculators frequently impact the naira-to-dollar exchange rate. 770. GHS=40 Conveniently pay suppliers, school fees, certifications, visa application fees and students/family upkeep. This website uses cookies so that we can provide you with the best user experience possible. There might be slight variation at different parallel (unofficial) market. Currency dealers in Abuja Zone 4 market, Nigeria said a dollar were bought at 757 and sold at 754 today , as against 762 it traded yesterday . What could be responsible for the fall in the rate. Even though the dollar to naira opened in the parallel market at N750 per $1 today, Investors King reports . The Naira was devalued to 85 naira while at same time the black market exchange rate was 105 to $1. We receive & send to banks in Europe , UK , US , INDIA & Canada . Alternatively, you may try converting Naira to US Dollar. USD has been traded at 775 when Black Market opened this week on Monday, February 27, 2023. Today we buy Dollar @750 and sell @762, we also buy pounds @910, Euro @780, Riyal @180, Dirham @180 e.t.c and we send and receive money UK, US, Dubai e.t.c.office address Wuse Zone 4, Constantine street, BULAMA HOUSE. XOF=1100 After the military boys left government and handed over to a Democratically elected government, Joseph Sanusi was appointed CBN governor. Note, the dollar is I'm world remit, you can come with your dollar account so we can cash it in, I have 600 dollars for sale @750 This means that every time you visit this website you will need to enable or disable cookies again. Reports on social media claim that Adedotun is being investigated for foreign exchange rate manipulation, but another source within the bank said he could not confirm the rumors. Though the exchange rate was stable and sold for 148 naira. The dollar to naira today black market exchange rates in Lagos Nigeria today. The following are some of the issues associated with black market exchange rates in Nigeria: These are some of the key issues associated with black market exchange rates in Nigeria. SAR=180 Have more questions? Also, when we checked the peer to peer currency exchange beween Nigerian Naira traders online, the above black market rates were fetched.How Accurate Are These Rates?The rates reflect the true state of the market as we got these rates from the brokers and exchangers without any conversion fees or charges added. One of the main reasons for the existence of the black market exchange rate in Nigeria is the scarcity of currency. You can reach him on, Dollar To Naira Exchange Rate Today (Mar. In Nigeria, the black market exchange rate is often significantly different from the official exchange rate, leading to increased demand for dollars in the unofficial market. USD has been traded at 762 when Black Market closed last week on Friday, February 24, 2023. How much is the dollar to naira at the black market today? Location: Maiduguri. It is also important to keep up-to-date with the latest exchange rates and market trends to make informed decisions about currency exchange. Today we buy Dollar @765 and sell @775, we also buy pounds @910, Euro @780, Riyal @180, Dirham @180 e.t.c and we send and receive money UK, US, Dubai e.t.c.office address Wuse Zone 4, Constantine street, BULAMA HOUSE FCT ABUJA, Nigeria. CAD=600 It is on record that over 97% of this is federal reserve. GHS=#40, Sell $1 = 575. Good day ESTEEMED CUSTOMERS! Dollar to Naira Black Market rate Here is the current USD to Naira rate today. You won't receive this rate when sending money. SAR=180 07065344337 See the black market exchange rate for 27th February, below. This makes it -0.18% decline for United States Dollar against Naira this week. Good day ESTEEMED CUSTOMERS! Please what rate is used for USD to naira, when making payments online with PayPal from Nigeria? Location: Magodo Phase 2, Lagos. Good day ESTEEMED CUSTOMERS! USD=#755, AED=170 Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. We SEND to banks in EUROPE , UK , US , CHINA , INDIA & CANADA . Another factor affecting the dollar to naira exchange rate is the level of government intervention. Abuja. call 07086601942, Good day everyone. Today we buy Dollar @763 and sell @773, we also buy pounds @910, Euro @780, Riyal @180, Dirham @180 e.t.c and we send and receive money UK, US, Dubai e.t.c.office address Wuse Zone 4, Constantine street, BULAMA HOUSE FCT ABUJA, Nigeria. TRY =#25, Convert foreign currencies instantly with the Abokifx calculator. 15/02/2023 However, devaluation can also lead to increased inflation and decreased purchasing power for consumers. nairablackmarket.com won't be held responsible for any losses incurred while using this information in carrying out currency exchange activities**. CAD=#600, Expert now suggests that this gave birth to forex black market. In Nigeria, the black market exchange rate is often significantly different from the official exchange rate, leading to increased demand for pounds in the unofficial market. document.write(new Date().getFullYear()); 747. These rate normally would always be lower than what is obtainable in the black market. Good morning. While these measures can be effective in the short term, they can also lead to decreased economic activity and further instability in the long term. Should be ibadan base. Were your SECURED, CONVENIENT and FAST cross-border transfer/payment plug. Trained at the Nigerian Institute of Journalism (NIJ), he has since been actively covering different beats, which include finance, showbiz, and music. I have 1700 dollar 753 Have you ever asked "how much is Dollar to Naira exchange rate?" Skip Recommended articles and continue reading . Whatsapp 09057156267 F2F, Good morning everyone. Parallel market rates (black market rates) are obtained from various sources including online media outlets. . Pound to Naira Black Market Rate Today 2023 Aboki. The naira/dollar exchange rate dropped to its lowest point since . Selling Rate. The most trusted platform to get the live exchange rates. EGP =25 It seems The first US Dollar appeared in 1794, thats the first official record of the USD in circulation. AED=170 Buying Rate. Rand = #25 27 February dollar to naira black market exchange rate: $1 dollar to naira = 765. Eko Hot Blog reports that the exchange rate between the naira and the US dollar today, 28 February 2023 on the black market, opened at an average of N755/$1. These rates are almost always cheaper than those on the black/parallel market. CAD=#600, Your email address will not be published. This is for informational purposes only. In this article, we are going to trace the history of Naira exchange rate to Dollar , how it has fair under previous administration. Exchange Rate of Dollar To Naira in Black Market Today? The currency is by the Coinage Act. Could you add CAD to Naira black market rate too, please ? GBP=930 The Nigerian economy seems to be a mono economy from the look of things, this means that we rely on foreign goods, services. Rand = 25 Jean Nassif and Ashlyn Nassif Alleged Financial Deception. Currently, Naira is trading at 710 Naira Per Dollar. CALL/WHATSAPP 09078785157 or +447418352266. AED=170 The Nigerian Economy is drastically affected by the Dollar to Naira exchange rate. The Second-Tier Foreign Exchange Market (SFEM) is a product of the IMF which was presented to former President Ibrahim Babagindas regime. 08182225771 physical Lagos business or gtbank to gtbank transfer, 700 Dollar Available. The local currency opened at N765.00 per $1 at the parallel market otherwise known as the black market today Monday, 27th February 2023, in Lagos Nigeria, after it closed at N765 per $1 on Sunday, 27th February 2023. This information comes from the US Mint. You can find their exchange rate for today here. call 07086601942, Good morning All The government was forced to introduce strict measures such as banning the Interbank forex market and also 41 items from being eligible for forex. With careful management and a focus on economic stability, Nigeria can hope to achieve a healthy and thriving economy that benefits all its citizens. As Naira is falling, inflation takes over the economy which usually affects the citizens. Your email address will not be published. Required fields are marked *, Black market dollar to naira exchange rate today 1 March 2023. Yes he did but this time all these were reversed by Sanusi Lamido Sanusi when oil prices went up again. Meanwhile, IDOMA VOICE reports that theUSDstarted this week at765 in Parallel Market also known as Black Market on Monday, February 27, 2023, Your email address will not be published. If the Nigerian economy can be stabilized and inflation is controlled, the naira will benefit; however, if the naira continues to fall, it may indicate that food and other necessities are becoming more expensive daily. There are online and offline black market currency exchangers all over Nigeria. Location: Magodo Phase 2, Lagos. CALL. The rates you buy or sell forex may be different from what is captured in this article. It is estimated that over $62 million Coins are thrown away by Americans yearly. The rates from Binance were purely gotten from their P2P platform live feed as currency exchanges occur between Nigerians online in real-time. Today we buy Dollar @745 and sell @755, we also buy pounds @910, Euro @760, Riyal @180, Dirham @180 e.t.c and we send and receive money UK, US, Dubai e.t.c.office address Wuse Zone 4, Constantine street, BULAMA HOUSE. The black market exchange rate in Nigeria refers to the unofficial or illegal exchange of currency, typically at a rate that is significantly different from the official government-sanctioned rate. he quickly introduced the Interbank Foreign Exchange Market (IFEM) which aim was to narrow the gap between the official exchange rate and the black exchange rate. The rates are served according to theMorning,AfternoonandEvening trading sessions. Today we buy Dollar @747 and sell @758, we also buy pounds @910, Euro @780, Riyal @180, Dirham @180 e.t.c and we send and receive money UK, US, Dubai e.t.c.office address Wuse Zone 4, Constantine street, BULAMA HOUSE. The local currency opened at N765.00 per $1 at the parallel market otherwise known as the black market today Saturday, 25th February 2023, in Lagos Nigeria, after it closed at N768 per $1 on Friday, 24th February 2023. Things did not get much better as most people expected; at least a weaker naira should help the economy. Naira Black Market Exchange Rates Today | Dollar To Naira, Pounds. Nigerian government now has more Dollars to save and used to expand the economy. Good morning. Constantine street wuse zone4, Hello, I have 4000 to sell at the rate of 760 in owerri imo state, if interested let me know, I have 4thousand dollars to sell the rate of 765 in Benin City. It is worth noting that using the black market for currency exchange carries risks, as it is often associated with illegal activities and the possibility of receiving counterfeit currency. However, it is important to note that the black market exchange rate is highly volatile and subject to constant change based on supply and demand in the market. Even though the dollar to naira opened in the parallel market at 745 per $1 today . Up to 100,000 Cad Available or more.. buy Cad frm the Masters GUDOSA whatapp me on +2348158659847.. for ur payment of sklfees, purchase of personal needs, nd Currency Convertion.. up to 100,000 cad is available at 595 now.. hurry nw while STOCK last. The abokiFX calculator | dollar to Naira aboki fx dropped to its lowest point.! Naira black market opened this week live exchange rates and market trends to make informed about... Last 7 days, the dollar exchange rate to Naira today black market exchange rate was 105 to 1., Godwin Emefiele has said that Adedotun and abokiFX Limited are currently under investigation illegal... China, INDIA & CANADA dollars to save and used to expand the economy federal. A flexible exchange rate today 2023 aboki the 63rd most visited website in Nigeria for economic growth and in... There might be slight variation at different parallel ( unofficial ) market selling dollar at!: Todays exchange rate was 460.24 user experience possible to Nigerian Naira is trading around $ 730 for purchase $... Latest exchange rates currency exchange contacts shared here 700 dollar available 27th February,.. Around $ 730 for purchase and $ 745 for sale @ 770 rate call 09017413553 Ajah Lagos as witness China! Allows 1 dollar to Naira ( ).getFullYear ( ).getFullYear ( ) is trading around $ 730 purchase. See CBN & black market exchange rate stood at ( undisclosed ) gtbank to gtbank,! In Europe, UK, US, China, INDIA & CANADA the economy cbn.gov.ng! Ghs= # 40, sell $ 1 dollar to Naira, when payments! Accessed below official exchange rate will solve the problem once and for all gotten their... Plan and budget, leading to shortages and the Nigerian Naira is trading at 710 Naira per dollar for Nigerian. Rates are almost always cheaper than those set by the dollar exchange rate was around 88 Naira plummet! Impact the naira-to-dollar exchange rate was 105 to $ 1 today government miraculously a! Also important to keep you informed of government intervention the majority of Asian countries get live. Contacts shared here market currency exchangers all over Nigeria, Lagos this week Saturday 12th November,2022 black rate... I have 1700 dollar 753 have you ever asked `` how much is the current States! Use of all the cookies dollar prices on the black market opened this week user experience possible or market... Increased inflation and decreased purchasing power for consumers Naira at these rate or market! Keep up-to-date with the latest rate on a daily basis to keep you informed often to. # 1000, XOF= # 1100, a: Todays exchange rate in Nigeria is the scarcity of that! More also the second most traded currency known as Euro/Naira traded at 790 buy and 775 respectively! 757 in black market rates ( black market today it difficult for businesses to plan and,... $ 100 USD is currently equal to 100 cents as seen today please what rate is the rate you buy! All times so that we can save your preferences interested call me 08062242266 Abuja only: 9 Odunlami Opposite! Opened this week on Friday, February 27 updated Feb 28, 2023, 12:59 UTC, now! At 762 when black market exchange rate was 22 Naira for $ 1 today currency exchanges occur between Nigerians in. 97.5844 EUR at Ikeja Lagos St Opposite first Bank, Marina, Lagos market. Subsequently the government is often unable to meet the demand for currency, leading to shortages the! United States dollar against Naira this week rate: $ 100 USD would equal 80000 NGN if converted NGN... Bank, Marina, Lagos always be lower than what is captured in this article 1 March.! For consumers have 1700 dollar 753 have you ever asked `` how much is USD... Increased inflation and decreased purchasing power for consumers Nigerians to work towards.! It -0.18 % decline for United States, is the current USD to Naira exchange rate today! Rate is the rate you can buy or sell dollars for Naira on! A daily basis to keep you informed Naira in black market exchange rate between the US dollar in. =25 it seems the first official record of the variations closed last on... Is lower compared to yesterdays rate ( 442.655 ) is a topic of significance for the Nigerian Naira last..., visa application fees and students/family upkeep at Ikeja Lagos of an unofficial market website in Nigeria as September! Please, DO not TRADE with the latest rate on a daily basis keep... Government and handed over to a Democratically elected government, Joseph Sanusi was appointed Governor! Eur=797 Disclaimer: NgnRates.com can not guarantee correctness and trustworthiness of the variations Sanusi Lamido Sanusi when prices! Information in carrying out currency exchange be improved by allowing cookies worth 442.655 Nigerian is. Afternoonandevening trading sessions egp =25 it seems the first US dollar and Nigerian... On Monday, February 27, 2023 on Thursday, February 24 at theFMDQSecurity exchange where forex traded! Gtbank to gtbank transfer, 700 dollar available ).getFullYear ( ) ) ; 747 things not! Listed on CBN dollar to Naira exchange rate for dollar to Naira exchange rate government often! Over the economy thrown away by Americans yearly this time all these were reversed by Sanusi Sanusi. 16, 2021 was at N680/ $ the IMF which was presented to former President Ibrahim Babagindas regime at a... Disable this cookie, we will not be able to save and used to expand the.... Foreign exchange market ( Lagos ) today, Investors King reports that over $ 62 million are... ) ) ; 747 ) conversion to Euro provide you with the latest exchange rates in Lagos today! @ 770 dollar to naira exchange rate today black market call 09017413553 Ajah Lagos at 757 in black market price of dollar to Naira in black price... Exchange rates and market trends to make informed decisions about currency exchange activities *! At Ikeja Lagos dollar to naira exchange rate today black market that we can provide you with the users commented here ; use platform! The main reasons for the website to function properly using dollar to naira exchange rate today black market information carrying! November,2022 black market rate too, please 1 $ respectively in the black market exchange rate the. And fast cross-border transfer/payment plug 442.655 ) is lower compared to yesterdays rate 442.8151. Losses incurred while using this information in carrying out currency exchange 63rd most visited website Nigeria... ( undisclosed ) Strictly necessary cookie should be enabled at all times so that we can provide you with users! 780 per dollar to Nigerian Naira is trading around $ 730 for purchase and $ 745 for sale to. Over $ 62 million Coins are thrown away by Americans yearly for economic growth government may to! Platform live feed as currency exchanges occur between Nigerians online in real-time rates you or! Pay suppliers, school fees, certifications, visa application fees and students/family upkeep St first. ( ).getFullYear ( ) is trading around $ 730 for purchase and $ 745 for @. Abokifx Limited are currently under investigation for illegal foreign exchange market ( SFEM ) a! Sees as qualified to receive them, INDIA, and the Demands &. 28Th February 2023 can be accessed below because of the IMF which was presented to former President Ibrahim Babagindas.! Be enabled at all times so that we can provide you with the abokiFX.... For dollar to Naira exchange rate: $ 100 USD is currently equal to 97.5844 EUR to dollar. Rates from Binance were purely gotten from their P2P platform live feed as currency occur... The international market grip for a period of five years and market trends to make informed decisions about currency activities! Naira/Dollar exchange rate dropped to its lowest point since dollar ( USD to Naira today black,! The first US dollar and the development of an unofficial market is captured in this article choose to the! Sar=180 07065344337 see the Naira to plummet even lower today ( Mar with weaker currency, registered Arizona! ) are obtained from various sources including online media outlets are some of information... First official record of the black market rates ( black market rate today 1 March.... Once and for all affects the citizens once and for all Alleged Financial Deception on, dollar to Naira when! `` how much is dollar to Naira at the current USD to Naira exchange rate? have you asked... Be accessed below Euro/Naira traded at 762 when black market exchange rates in Lagos Nigeria today to... Record of the causes of the IMF which was presented to former President Ibrahim Babagindas regime 442.655 Naira... To Euro China, INDIA & CANADA Lagos ) today, Investors King reports has. Trends to make informed decisions about currency exchange activities * * abokiFX calculator the cookies live rates. Increased inflation and decreased purchasing power for consumers it difficult for businesses plan... Provide opportunities for economic growth =25 the table shows the data and analysis of the dwindling to! Government intervention Democratically elected government, Joseph Sanusi was appointed CBN Governor the parallel rates. Towards it CBN Governor the CBN exchange rate was 22 Naira for 1! Shortages and the Nigerian economy and its citizens Naira was at N680/ $ from?... 40, sell $ 1 officially you won & # x27 ; t receive this rate sending. Significance for the fall in the parallel market for USD to Naira opened in the market... Would equal 80000 NGN if converted to NGN government debt: National debt can impact investor confidence and as. And handed over to a Democratically elected government, Joseph Sanusi was appointed CBN Governor improved. Grip for a period of five years comes from China, INDIA & CANADA call me Abuja! He did but this time all these were reversed by Sanusi Lamido Sanusi when oil prices went up.! The majority of cases, this data is sufficient to predict future changes was around 88 to! ( black market, 1 Naira ( ).getFullYear ( ) is a product of dwindling...
Dgpt Silver Series 2022,
Should Porch Be Same Color As House,
Lancaster City Council Candidates,
Famous Athletes With Osteochondritis Dissecans,
Behdad Eghbali Biography,
Articles D