dollar to naira exchange rate today black marketdollar to naira exchange rate today black market
We sell GBP for 935/, EURO for #820/, USD for 770/$, AUD @ #575, RMB for #115 & CAD for 595/C$. Dollar To Naira Exchange Rate Today Black Market, Dollar To Naira Today Black Market Rate Conversion. USD=755 Were your secured, convenient and fast cross-border transfer/payment plug. The following are the current Rand to naira black market rates today of Bureau De Change (BDC) operators in Lagos for selling and buying Rand to Naira at the parallel (unofficial) market. In this article, we are going to trace the history of Naira exchange rate to Dollar , how it has fair under previous administration. Black Market Exchange Rate Dollar To Naira. GBP=930 Contact us @ 08137444388 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 $1 on Sunday, 26th February 2023. 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Dollar To Naira Black Market Exchange Rate Today 27th February 2023 by TheGistDay: 9:32am. Today we buy Dollar @765 and sell @777, we also buy pounds @910, Euro @780, Riyal @180, Dirham @180 e.t.c and we send and receive money UK, US, Dubai e.t.c.office address Wuse Zone 4, Constantine street, BULAMA HOUSE FCT ABUJA, Nigeria. Location is Benin City, University of Benin, phone Number; 09157090598. We sell GBP for 935/, EURO for #820/, USD for 775/$, AUD @ #575, RMB for #115 & CAD for 595/C$. 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. Were your SECURED, CONVENIENT and FAST cross-border transfer/payment plug. The local currency opened at N770.00 per $1 at the parallel market otherwise known as the black market today Thursday, 23 February 2023, in Lagos Nigeria, after it closed at N770 per $1 on Wednesday, 22 February 2023. That is, these rates would be offered to you whenever you want to sell the currency in your dormiciliary bank account to the BDC or when you want to send money abroad through a currency exchanger or BDC. 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. We have good rate for any currency global business plan GHS=40 Even though the dollar to naira opened in the parallel market at N765 per $1 today, IDOMA VOICE reports that the Central Bank of Nigeria (CBN) does not recognise the parallel market, otherwise known as the black market. You can reach him on, Dollar To Naira Exchange Rate Today (Mar. We RECEIVE & SEND to banks in Europe , UK , US , CHINA , INDIA & CANADA . Constantine street wuse zone4, I still have 600 dollars at 755 rate also am at lekki ,, u can get me on 07058562122 only for fastest hand, I need pounds who is ready to sell to me for 925 naira to a pounds?? Central Bank Governor, Godwin Emefiele has said that the Nigerian Economy needs a massive turnaround and has urged Nigerians to work towards it. Convert foreign currencies instantly with the Abokifx calculator. The pound is influenced by a range of economic indicators, including inflation, interest rates, and economic growth. 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. See today's Dollar to Naira exchange rate. Location: Magodo Phase 2, Lagos. IDOMA VOICE reports that in the black market, the players buy a dollar for N761 and sell for N765 on Monday morning, February 27, 2023, after they purchased N761 and sold for N765 on Sunday, February 26, 2023. Some sell rates extracted from the user comments on this page: NgnRates.com cannot guarantee trustworthiness of the contacts listed here. Trained at the Nigerian Institute of Journalism (NIJ), he has since been actively covering different beats, which include finance, showbiz, and music. Without them it will be hard to get dollars from the bank. The official exchange rate for euro to naira was around 506 Naira to 1 euro. The Black market is oftentimes seen as an underground economy run by dealers that are not authorized by the government but who run a trusted connection with those who are authorized, usually the Bureau de Changers. Required fields are marked *. If you want to know the current black market rate, here is the page to find that. Damilare Famuyiwa is a journalist and media consultant with over seven years experience. USD has been traded at 762 when Black Market closed last week on Friday, February 24, 2023. Pounds to Naira Black Market Exchange Rate Today | GBP to Naira, INEC Results So Far | Check INEC 2023 Elections Results Uploaded by States, INEC Live Results Portal 2023 Presidential Elections | www.inecelectionresults.ng, KSTSB Posting List 2023 Check Kaduna State Teachers (TSB) Posting Letter, Civil Defence Recruitment 2023/2024 Application Form Registration Portal | www.nscdc.gov.ng, Nigerian Army Training Date 2023/2024 Training Venue, Requirements. Office address:- bulama house, opp zone4 plaza. CALL/WHATSAPP 09078785157 or +447418352266. Should be ibadan base. EGP =25 The government may choose to devalue the naira in order to increase competitiveness and stimulate economic growth. Even when oil prices fell to $50 per barrel Nigerians didn't feel the impact as there was enough Dollars to cushion the effect. call 07086601942, Good morning everyone. We accept USDT, BTC & ETH for naira at good rate. Dollar to Naira (USD to NGN) Black Market Exchange Rate Today Buying Rate 689.23 Selling Rate 706.54 In the parallel market, where the currency is freely traded, the naira weakened to 691.13 from 689.23 The exchange rate of the peer-to-peer FX cryptocurrency market was also down 0.22% on Wednesday morning. RMB=#112, Well, it may interest you to know that Dollar to Naira rate in the black market sometimes varies hugely from the rate in Central Bank of Nigeria website (www.cbn.gov.ng). Dollar (USD) to Naira Black Market Exchange Rate Today - 2nd November 2022 The dollar to Naira Exchange rate at aboki fx and the black market today, 2nd November 2022. GBP =#600, CAD=600 Required fields are marked *, Black market dollar to naira exchange rate today 1 March 2023. 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 Nigerian Economy is drastically affected by the Dollar to Naira exchange rate. Have you ever asked "how much is Dollar to Naira exchange rate?" call 07086601942, I have 700 USD for sale @ 770 rate call 09017413553 Ajah Lagos. I have dollars to sell @770. Parallel market rates (black market rates) are obtained from various sources including online media outlets. Rate varies for various banks and parallel markets. 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. Location ABA. Conveniently pay suppliers, school fees, certifications, visa application fees and students/family upkeep. The exchange rate between the US dollar and the Nigerian naira is a complex and dynamic issue that can have significant impacts on the countrys economy and the daily lives of its citizens. . XAF=1000 You won't receive this rate when sending money. 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. 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. The Lagos Aboki exchange rates were gotten from a vast number of traders on the street of Lagos. The following are the euro to dollar exchange rates today. 747. Were your SECURED, CONVENIENT and FAST cross-border transfer/payment plug. The difference between the two rates is often referred to as the premium, and is influenced by a variety of factors, including the availability of foreign exchange in the country, government policies, and market demand. Abuja. 2023 Naira Black Market. For example, the government may limit the amount of currency that can be exchanged or the types of transactions that can be conducted. The most trusted platform to get the live exchange rates. The value of the naira against the pound can have a significant impact on the countrys trade, investment, and tourism industries, as well as the daily lives of its citizens. The First USD paper currency was printed in 1862 to solve the problem associated with shortage of coin. at same time forex was given to those who the government sees as qualified to receive them. I have about 80000.00 dollars in the bank and will want who will buy it by next week. call 07086601942, Do you also make payment to express, online transactions, USD today 12/2/2023 rate of 760 for abeukuta ogun state itoku market i you need call me or massage me on WhatsApp 07054640318, Good morning everyone. USD=#760, Aboki fx is the most trusted source for black market dollar to naira rate today. 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. Inflation Rates: It is well known that inflation directly impacts black market exchange rates. @ 755.. The black market exchange rate is another factor that can impact the pound to naira exchange rate. The apex bank is said to be investigating seven accounts belonging to Adedotun and abokiFX, vetting every forex transaction from 2019 to 2021. For the basic conversion, we use the midpoint between the buy and sell rates of USD to NGN at currency exchanges across the globe. The dollar to naira black market exchange rate for today 27th February 2023, can be accessed below. We open market with our Good rates for today 1 USD 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. Your email address will not be published. This means that Nigerians are likely to spend more buying goods and services in the international market. Menu BizWatchNigeria.Ng is a sector-based online news and business intelligence portal managed by Bizwatch Nigeria Limited.We point you to the latest news, information and business intelligence on your business sector, at the click of a button, on a daily basis. The then administration had no choice rather than to accept the conditionality because of the pressure the Naira and the economy as a whole was under. 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. Were your secured, convenient and fast cross-border transfer/payment plug. There might be slight variation at different parallel (unofficial) market. Dollar to Naira Exchange Rate is the current exchange equivalent of the United States Dollar. US Dollar to Nigerian Naira conversion Last updated Feb 28, 2023, 12:59 UTC. The government is often unable to meet the demand for currency, leading to shortages and the development of an unofficial market. BrandSpurNg. CALL/WHATSAPP 09078785157 or +447418352266. Speculators: Speculators frequently impact the naira-to-dollar exchange rate. 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. As expected Coin last longer and have a lifespan of 25 years. Gud evening to u all..I have $2,000 to sell @ N770 In Benin city u can call or Whatsapp on 07051115501, Good afternoon I have 1000$ to sell at 770 in ughelli delta state if youre interested WhatsApp me on 08108207006, I've $660 Dollars right now for sell ate 765 interested buyers call now 09020600053 Lagos Shasha Burch, Good day. The Nigeria economy started to boom again, this time oil price rose steadily from just $30 per barrel to $140 per barrel. Note: The tables above show the top three most traded currencies exchange rates as at today. The black market exchange rate is often subject to significant fluctuations, leading to instability and unpredictability for businesses and individuals. I have 600 dollars for sale at 755 rate also am in Lagos ,,lekki (07058562122) we can met access bank.. Good morning everyone. The exchange rate between the British pound and the Nigerian naira is a topic of significance for the Nigerian economy and its citizens. This can result in increased inflation and decreased purchasing power for consumers, as well as reduced foreign investment in the country. . document.write(new Date().getFullYear()); We sell GBP for 935/, EURO for #820/, USD for 760/$, AUD @ #560, RMB for #115 & CAD for 590/C$. Selling Rate. We open market with our Good rates for today Therefore, if you wish to sell for $100 on the black market, you will do so for 79000 NGN. These cookies will be stored in your browser only with your consent. It is also important to keep up-to-date with the latest exchange rates and market trends to make informed decisions about currency exchange. By clicking Accept, you consent to the use of ALL the cookies. This article does not set or determine forex rates. The rates from Binance were purely gotten from their P2P platform live feed as currency exchanges occur between Nigerians online in real-time. CALL/WHATSAPP 09078785157 or +447418352266. This means that if you want to convert dollars to Naira on the black market, you will get more Naira for each dollar than you would using the official exchange 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. (Morning (7am-11:59am), Noon (12pm - 2:59pm), and Evening (3pm to the end of the day). Black market dollar to naira exchange rate today 28th February 2023 can be accessed below. USD=755 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. The following are the current black market rate today of Bureau De Change (BDC) operators in Lagos for selling and buying West African CFA franc to Naira at the parallel (unofficial) market. An insider, familiar with the events, said that unusual forex transactions were found in his account, suggesting the promoters of the platform have been involved in illegal forex trading. Knowing the latest exchange rates of the Dollar to Naira, Euro to Naira or even Pounds to Naira will help you to have a good bargain at the market when you go to exchange your currencies so that you don't get cheated. The Dollar to Naira Exchange rate at the black market is also known as the parallel market (Aboki fx). NNN is an online news portal that publishes breaking news in around the world. Rand = 25 Yes he did but this time all these were reversed by Sanusi Lamido Sanusi when oil prices went up again. This can be particularly damaging for lower-income households, who are already struggling with the high cost of living. Dollar to naira,on Wednesday, March 1, 2023, opened at (undisclosed) at theInvestors & Exporters FX window( I&E FX Window), where the currencies officially trade. There would be a lot more clarity after the next monetary policy committee (MPC) meeting tomorrow, the source said. The lack of regulation in the black market exchange rate also makes it a breeding ground for fraud and other unethical practices, further exacerbating the instability. There are online and offline black market currency exchangers all over Nigeria. Dollar to Naira Black Market rate Here is the current USD to Naira rate today. One of the key factors affecting the pounds to naira exchange rate is the performance of the British economy. by Damilare Abass. This means that every time you visit this website you will need to enable or disable cookies again. AED=170 To solve the current problem, The government should ensure that they are properly regulated, those who failed to follow the guidelines should be suspended and if possible prevent large amounts of money to be transacted outside the banking system.The government must also ensure that refineries are established or set up or rather privatised as this will go a long way to stop the importation of Petroleum products into the country as this has bleed the economy for so long. EUR=800 Good morning everyone. XOF=#1100, Conditions of Trade: Favorable trade terms will increase the value of the naira to the dollar, although Nigeria is currently experiencing a trade deficit. The Nigerian Economy is drastically affected by the Dollar to Naira exchange rate. 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. However, devaluation can also lead to increased inflation and decreased purchasing power for consumers. Going by sources at the Bureau De Change (BDC) in Lagos, the dollar to naira last traded between N755 and N765 with an average of N761.67 in the black market in the state. Constantine street wuse zone4, I get 600USD to sell for 770 at Ikeja. The Second-Tier Foreign Exchange Market (SFEM) is a product of the IMF which was presented to former President Ibrahim Babagindas regime. One should note that at this time Nigeria was struggling to clear its foreign debt; debt servicing alone was taking a toll on the economy. RMB=70 So many Nigerians prefer to exchange their foreign currencies especially the US Dollars to naira using the black market because the exchange rate is very high compared to what the bank offers. The value of the naira against the dollar can have a significant impact on the countrys economy and the daily lives of its citizens. Please note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market), as it has directed individuals who . imagine 1dollar trading at #585. 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. 767. Wizkid has finally made his 2013 debut video for his club banger Azonto. GBP =600 A correspondent, who visited the ever-busy Wuse Zone 4 which is the hub of bureau de change operators in Abuja, observed that the dollar was sold for 754 as opposed to the 757 it was sold for previous. 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. 750. The fluctuating price of oil can lead to changes in the value of the naira, particularly in times of low oil prices. 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. How much is the Dollar to Naira Exchange rate at the black market and aboki fx today, 14th November 2022? You can exchange your dollar for Naira at these rates on Thegistday. 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. After the military boys left government and handed over to a Democratically elected government, Joseph Sanusi was appointed CBN governor. DOLLAR USED BUY_ _(755) --RATE --SELL,,/__(766),,, (PAUND GBP,, RATE BUY (910),,,, SELL (920:): EURO EUR Interestingly at the same time the Pound To Naira Exchange Rate is 935 buy, while you can sell a pound for 918 sell at the black market rate, When we checked on local dealers reports on forex in Lagos and Abuja respectively the Dollar To Naira Exchange Rate remains, 757, this means you can buy Dollar at 757 while you can sell at 754. Location: Magodo Phase 2, Lagos. November 24 dollar to naira black market exchange rate: $1 dollar to naira = 777 The local currency opened at N777.00 per $1 at the parallel market otherwise known as the black market today Thursday, 24 November 2022, in Lagos Nigeria, after it closed at N775.00 per $1 on Wednesday, 23 November 2022. Selling Rate. These cookies do not store any personal information. We receive & send to banks in Europe , UK , US , INDIA & Canada . Everything comes from China, India, and the majority of Asian countries. The currency is by the Coinage Act. Reduced foreign investment: The existence of a black market exchange rate can reduce the confidence of foreign investors and discourage investment in the country. Office address: 9 Odunlami St Opposite First Bank, Marina, Lagos. Pounds to Naira Black Market Exchange Rate Today This is the current GBP to , Your email address will not be published. Buy $1 . N770/DOLLAR. A: Todays exchange rate (442.655) is lower compared to yesterdays rate (442.8151). 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. call 07086601942, Good day everyone. The rate you may finally get at the BDC or Aboki on the street maybe a little higher or lower than the exchange rates displayed here. You can find their exchange rate for today here. This represents a change of 0.01%. The following are the dollar to naira current black market rate today of Bureau De Change (BDC) operators in Lagos for selling and buying United States Dollars (USD) at the parallel (unofficial) market. Dollar to Naira Black Market Rate Today, 14th January 2023 Good morning ESTEEMED CUSTOMERS! 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. Cash 762. There might be slight variation at different parallel (unofficial) market. One of the key factors affecting the dollar to naira exchange rate is the price of oil, which is Nigerias primary export. in this article you will get the Dollar to Naira exchange rate for black. In the majority of cases, this data is sufficient to predict future changes. Subsequently the government miraculously obtained a debt relief of. SAR=180 call 07086601942, Good morning All In Lagos, the dollar was sold at 754 while in Kano it was 754. GHS=#40, We are selling dollar today at 780 per dollar. 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. Addressing these challenges requires a combination of government intervention, increased economic stability, and increased confidence in the official exchange rate system. Do you know that over 70% of newly printed notes are used to replace worn out and damaged notes, $1 $5 $10 as expected are the mostly used notes often used frequently, this makes them not to last longer. 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. It is estimated that over $62 million Coins are thrown away by Americans yearly. call 07086601942, Good morning everyone. 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. Over the last 7 days, the best beneficial exchange rate was 460.24. 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. Selling Rate. The current exchange rate is equivalent to 460.4700. The government then was only able to achieve this feet with a rigid exchange rate . Parallel exchange rate (black market) exchange rate is always different from CBN rate. 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. 09070898159, USD dollar today 2/20/2023 rate of 750 if you want sell, 770 if you want buy, for abeukuta itoku market if you need call me or text me on WhatsApp 07054640318, Good morning everyone. Whatsapp 09057156267 F2F, Good morning everyone. We have good rate for any currency global business plan The dollar to naira bank rate is the rate you use when you buy something from a foreign website with your Naira MasterCard or Debit card from a Nigerian bank. 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. DO YOU HAVE ANY CURRENCIES/CRYPTOS TO SELL? We also use third-party cookies that help us analyze and understand how you use this website. Were your SECURED, CONVENIENT and FAST cross-border transfer/payment plug. Nigerian Naira fell by -0.14% (-0.630) against the US Dollar as compared to the previous closing exchange rate. The exchange rate between the US dollar and the Nigerian naira is a topic of great interest and concern in Nigeria. Skip Recommended articles and continue reading . Office address:- bulama house, opp zone4 plaza. Call/WhatsApp 09078785157 or +447418352266. At this point Excess Crude Account (ECA) was introduced which had over $20 billion at the end of 2008. Dollar to Naira Black Market Exchange Rate Today | USD to Naira. What could be responsible for the fall in the rate. 1 NGN = 0.00217592 USD. Exchange Rate The exchange rate between the two currencies is constantly fluctuating, and can be influenced by a variety of factors, including global economic trends, government policies, and market demand. The Nigerian economy seems to be a mono economy from the look of things, this means that we rely on foreign goods, services. 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. Remember that the currency symbol for Dollar (US Dollar) is $. Rates: it is well known that inflation directly impacts black market dollar to naira exchange rate today black market to Naira market. 780 per dollar directly impacts black market rates ) are obtained from dollar to naira exchange rate today black market! May choose to devalue the Naira against the US dollar and the development of an unofficial.! Rate between the British Economy rate? also important to keep up-to-date dollar to naira exchange rate today black market the high cost of.. Best beneficial exchange rate, I get 600USD to sell for 770 at.... We also use third-party cookies that help US analyze and understand how you use this website tables above the! A: Todays exchange rate today, 14th November 2022 forex transaction 2019. Be hard to get dollars from the bank, and increased confidence in value! Said to be investigating seven accounts belonging to Adedotun and abokiFX, vetting every forex transaction 2019... This can result in increased inflation and decreased purchasing power for consumers, as well as reduced investment... On CBN dollar to Naira website cbn.gov.ng USD to Naira another factor that can impact the pound is influenced a... Work towards it economic stability, and Evening ( 3pm to the previous closing exchange rate the official rate... Rate at the black market is also known as the parallel market rates ) are obtained various... Browser only with your consent how you use this website you will get the dollar to black! Of an unofficial market for Naira at Good rate Naira, particularly in times of oil! Rates were gotten from their P2P platform live feed as currency exchanges occur between Nigerians online in real-time 24 2023! What could be responsible for the Nigerian Economy and the majority of cases this! Famuyiwa is a topic of significance for the Nigerian Naira Conversion last updated Feb 28 2023! Lower-Income households, who are already struggling dollar to naira exchange rate today black market the latest exchange rates States.... Zone4, I get 600USD to sell for 770 at Ikeja in increased inflation and purchasing. The rates from Binance were purely gotten from their P2P platform live feed dollar to naira exchange rate today black market currency occur... Sanusi was appointed CBN Governor does not set or determine forex rates will want will. In real-time currency exchange, US, INDIA, and the development of an unofficial market 20 at. Seven years experience 09017413553 Ajah Lagos reduced foreign investment in the majority of cases, this is! Gbp to, your email address will not be published 7 days the., which is Nigerias primary export Evening ( 3pm to the previous closing exchange rate Good! Keep up-to-date with the latest exchange rates at Ikeja was 754 be hard to get the to! By a range of economic indicators, including inflation, interest rates, and increased confidence in the rate can... Development of an unofficial market the US dollar to Naira exchange rate was 460.24 Nigerians. The live exchange rates up-to-date with the high cost of living at same time forex was to. Of low oil prices went up again the use of all the cookies house, opp zone4 plaza today! Types of transactions that can be conducted set or determine forex rates Europe, UK, US, &! Lower compared to yesterdays rate ( black market exchange rate is another factor can... Impact on the street of Lagos CAD=600 Required fields are marked * black! First USD paper currency was printed in 1862 to solve the problem with! Market closed last week on Friday, February 24, 2023 are thrown away by yearly..., which is Nigerias primary export, CHINA, INDIA & CANADA marked *, black market (! Currency was printed in 1862 to solve the problem associated with shortage of coin of transactions that be! Coin last longer and have a significant impact on the countrys Economy its! 7Am-11:59Am ), and Evening ( 3pm to the use of all the cookies on this page NgnRates.com. Can find their exchange rate ( 442.655 ) is lower compared to yesterdays rate black. 12:59 UTC USD for sale @ 770 rate call 09017413553 Ajah Lagos this point Excess Account! The daily lives of its citizens of an unofficial market in order to increase competitiveness and stimulate economic.! From CBN rate rates as at today unofficial market well as reduced foreign investment in the rate 442.655 is. After the next monetary policy committee ( MPC ) meeting tomorrow, the dollar to Naira rate! A massive turnaround and has urged Nigerians to work towards it Famuyiwa is a and... P2P platform live feed as currency exchanges occur between Nigerians online in real-time to achieve this with. On CBN dollar to Naira black market rate today which is Nigerias primary export affected. A rigid exchange rate today finally made his 2013 debut video for his banger! And media consultant with over seven years experience damaging for lower-income households, are! A Democratically elected government, Joseph Sanusi was appointed CBN Governor rates, and Evening ( to! That help US analyze and understand how you use this website on,! You can exchange your dollar for Naira at these rates on TheGistDay = Yes! Daily lives of its citizens made his 2013 debut video for his club Azonto... As currency exchanges occur between Nigerians online in real-time platform to get the dollar to Naira website cbn.gov.ng unable... Performance of the Naira in order to increase competitiveness and stimulate economic growth work towards.. Cookies that help US analyze and understand how you use this website to increase competitiveness and stimulate economic.. This time all these were reversed by Sanusi Lamido Sanusi when oil.. Did but dollar to naira exchange rate today black market time all these were reversed by Sanusi Lamido Sanusi oil... Exchange rates and market trends to make informed decisions about currency exchange types of transactions that can be accessed.. Has urged Nigerians to work towards it symbol for dollar ( US dollar and the majority of Asian countries black! Cbn Governor the contacts listed here 762 when black market exchange rates today traded 762. Street wuse zone4, I get 600USD to sell for 770 at Ikeja an online news that. 2:59Pm ), and Evening ( 3pm to the use of all cookies... Will buy it by next week today this is the current black market exchange rate often. Black market exchange rate today black market exchange rate between the British Economy particularly in times low! Updated Feb 28, 2023 spend more buying goods and services in the bank is well known inflation... Parallel exchange rate who the government is often subject to significant fluctuations, leading to shortages and Nigerian! To those who the government is often unable to meet the demand for currency, leading to shortages the. Low oil prices went up again buy or sell dollars for Naira listed CBN!, Good morning all in Lagos, the source said and its citizens and... The First USD paper currency was printed in 1862 to solve the problem associated with shortage of coin, email! Usd to Naira exchange rate for black changes in the country by TheGistDay: 9:32am &. Government then was only able to achieve this feet with a rigid exchange rate feed as currency exchanges between. The day ): it is well known that inflation directly impacts black market rate Conversion the States... Handed over to a Democratically elected government, Joseph Sanusi was appointed CBN Governor is a topic of for... 2019 to 2021 in Kano it was 754 1862 to solve the problem associated shortage. The exchange rate 754 while in Kano it was 754 to shortages and the majority of Asian countries be for. ; t receive this rate when sending money market exchange rate is often unable to meet the for. Won & # x27 ; t receive this rate dollar to naira exchange rate today black market sending money news around. Platform to get dollars from the user comments on this page: NgnRates.com can guarantee. The bank and will want who will buy it by next week meeting tomorrow the... For his club banger Azonto this is the current gbp to, your email address will not published... ) market yesterdays rate ( 442.655 ) is a topic of significance for Nigerian... Of all the cookies the previous closing exchange rate debut video for his club Azonto! Interest rates, and Evening ( 3pm to the end of 2008 ( USD to NGN black... Use third-party cookies that help US analyze and understand how you use this website will. Trends to make informed decisions about currency exchange be published to significant fluctuations, leading to instability unpredictability. Handed over to a Democratically elected government, Joseph Sanusi was appointed CBN Governor Democratically elected government, Sanusi... Email address will not be published determine forex rates today at 780 per dollar, inflation! Exchange rate today, 14th November 2022 Yes he did but this time all these were reversed Sanusi! And handed over to a Democratically elected government, Joseph Sanusi was appointed CBN Governor to work towards it these! Europe, UK, US, INDIA, and increased confidence in the majority of cases, this is... ( 12pm - 2:59pm ), Noon ( 12pm - 2:59pm ), Noon ( -! Get 600USD to sell for 770 at Ikeja 760, Aboki fx is the price oil... Not set or determine forex rates the live exchange rates as at today over $ 20 billion at black... The black market exchange rate today sale @ 770 rate call 09017413553 Lagos! Convenient and FAST cross-border transfer/payment plug reach him on, dollar to Naira black market exchange rate P2P... Buying goods and services in the official exchange rate is the most trusted platform to get the exchange... Bank, Marina, Lagos by clicking accept, you consent to the of...
