RMB=70 The local currency opened at N750.00 per $1 at the parallel market otherwise known as the black market today Thursday, 26th January 2023, in Lagos Nigeria, after it closed at N752 per $1 on Wednesday, 25th January 2023. Location ABA. Conveniently pay suppliers, school fees, certifications, visa application fees and students/family upkeep. Dollar (USD) to Naira Black Market Exchange Rate Today - 2nd November 2022 The dollar to Naira Exchange rate at aboki fx and the black market today, 2nd November 2022. Please call 07018514847, Good morning everyone. USD is being traded at 757 in Black Market(Lagos) today, Wednesday, March 1, 2023. However, devaluation can also lead to increased inflation and decreased purchasing power for consumers. CHF =650 There are online and offline black market currency exchangers all over Nigeria. The existence of a black market exchange rate can also reduce the confidence of foreign investors and discourage investment in the country, further damaging economic growth and stability. although few people has been able to capitalize on the weaknesses of the Naira to make fortune out of it. Dollar to Naira Black Market Exchange Rate Today | USD to Naira. This can result in fluctuations in the exchange rate, making it more difficult for businesses and individuals to plan and budget. GBP =#600, Required fields are marked *, Black market dollar to naira exchange rate today 1 March 2023. Yesterday Saturday 12th November,2022 black market price of dollar to Naira was at N680/$. ASUU Strike: Latest ASUU Strike News Update Today, Leadership Newspaper Today Nigeria News, Naija News Today, 9ja News, Naija Gist, Naija News Now, SEO Blogger Outreach Agency For Guest Posting Services, The Guardian News paper Today Nigeria News. Our team are constantly monitoring the USD/NGN (Dollar to Naira) exchange rate and updating accordingly. Lokoja Kogi State. 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. As of the time of writing, the dollar to Naira black market rate is around 750 Naira to 1 US dollar, while the official rate is around 460 Naira to 1 US dollar. 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. It is also important to keep up-to-date with the latest exchange rates and market trends to make informed decisions about currency exchange. call 07086601942, Good morning everyone. The rates are served according to theMorning,AfternoonandEvening trading sessions. Serious buyers. Dollar to Naira Black Market Rate Today, 14th January 2023 Dollar to Naira (USD to NGN) Black Market Exchange Rate Today. We will trade it by transfer at the bank through our accounts . Black Market Dollar To Naira Aboki Exchange Rate Today Even though the dollar to naira opened in the parallel market at 725 per $1 today, BrandNewsDay reports that the Central Bank of Nigeria (CBN) does not recognise the parallel market, otherwise known as the black market. 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. Selling Rate. Selling Rate. HAVE 2,000 USD CASH FOR SALE. Good day everyone. The local currency ( abokiFx) opened at N757.00 per $1 at the parallel market otherwise known as the black market, today, Sunday, 22nd January 2023, in Lagos Nigeria, after it closed at N7.5700 per $1 on Saturday, 21st January 2023. GBP =600 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. The rates you buy or sell forex may be different from what is captured in this article. US Dollar to Nigerian Naira conversion Last updated Feb 28, 2023, 12:59 UTC. Without them it will be hard to get dollars from the bank. 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. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. SAR=180 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. Selling rate at 755. Should be ibadan base. There might be slight variation at different parallel (unofficial) market. The current exchange rate is equivalent to 459.5000. Just drop ur number I would chat u up. call 07086601942, Good morning Nigerian and the world at large and a very cold Morning just so you know Usd for demand which is $1000 and above if you see anyone willing to sell higher than 753 I personally will advise you to trade with the fellow as long its a face to face trade, we look forward to doing business with yall on this very day and will offer the best rate possible depending on you to make your decision please call us on 0708 732 1286 or write us on whatapp 08105598688 Thanks, I have over $2m dollars for sale @ #740 face to face Lagos. Buying Rate. 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 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. Conditions of Trade: Favorable trade terms will increase the value of the naira to the dollar, although Nigeria is currently experiencing a trade deficit. Black Market Exchange Rate Today. Call or WhatsApp or call me on 08170382154. By clicking Accept, you consent to the use of ALL the cookies. All rights reserved. Were your SECURED, CONVENIENT and FAST cross-border transfer/payment plug. If you want to know the current black market rate, here is the page to find that. The Central Bank of Nigeria (CBN) has said it is investigating Oniwinde Adedotun, the founder of abokiFX. Office address:- bulama house, opp zone4 plaza. Try NgnRates Forum! We have good rate for any currency global business plan 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. USD=755 Remember that the currency symbol for Dollar (US Dollar) is $. 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. Contact us @ 08137444388 How much is the dollar exchange rate to Naira in Black Market today? Things did not get much better as most people expected; at least a weaker naira should help the economy. Black market FX traders have expressed their frustration over the recent cash scarcity crisis across the country . nairablackmarket.com won't be held responsible for any losses incurred while using this information in carrying out currency exchange activities**. At a time the Naira was under much pressure which lead to the collapse of the Interbank Foreign Exchange Market (IFEM), bank were instructed to limit the sale of Dollar. call 07086601942. call 07086601942, Good morning everyone. Million of Dollars are printed daily: its on record that over 38 million notes are being printed on daily basis, the worth of this is being pegged at 541 million Dollars. Whats your Opinion on Dollar to Naira Black Market Exchange Rate Today, let us know what you think and how the Government can work with the CBN to provide reasonable USD to naira rates in the future. Location: Maiduguri. The rates you buy or sell forex may be different from what is captured in this article. XAF=#1000, TRY =#25, If the interest rate at which banks lend money rises, it would harm the economy, causing it to contract and, as a result, the value of the naira to fall. Buying Rate. Therefore, if you wish to sell for $100 on the black market, you will do so for 79000 NGN. XAF=1000 745. Wizkid has finally made his 2013 debut video for his club banger Azonto. Please note that oil price under Sani Abacha regime was hovering around $20 per barrel and Nigeria was faced with numerous economic problems and some level of economic sanctions by the West leaving the government with little amount of dollars to go round the economy. Selling Rate. 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. EUR=#797, When we look at last month, USD was traded at at the beginning of last February on Wednesday, February 1, 2023. Required fields are marked *. Please call 07018514847. We RECEIVE & SEND to banks in Europe , UK , US , CHINA , INDIA & CANADA . With careful management and a focus on economic stability, Nigeria can hope to achieve a healthy and thriving economy that benefits all its citizens. I have dollar to sell at the rate of 770 per dollar in Lagos. @ 755.. Admin Late President Sani Abacha held the Naira with an iron grip for a period of five years. This represents a change of 0.01%. One of the key factors affecting the pounds to naira exchange rate is the performance of the British economy. Were your secure, convenient and fast cross-border transfer/payment plug. SAR=180 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. USD=#760, WANT TO BUY OR SELL CURRENCIES/CRYPTOS? 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. XOF=1100 EUR=800 Location: Magodo Phase 2, Lagos. The apex bank has therefore directed anyone who requires forex to approach their bank, insisting that the I&E window is the only known exchange. As you can see from the above table, we got the rates from Lagos Abokis, Forex brokers as well as crypto currency brokers. Business minded people only. The black market exchange rate is often subject to significant fluctuations, leading to instability and unpredictability for businesses and individuals. The Lagos Aboki exchange rates were gotten from a vast number of traders on the street of Lagos. Damilare Famuyiwa is a journalist and media consultant with over seven years experience. WHATSAPP ME ON 07055661818. We sell GBP for 935/, EURO for #820/, USD for 755/$, AUD @ #555 & CAD for 580/C$. Recalled that Soludo banned the Interbank and WDAS markets? The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N733 and sell at N740 on Sunday, 9th October 2022, according to sources at Bureau De Change (BDC). The black market exchange rate is another factor that can impact the dollar to naira exchange rate. Good morning. All figures here are for information purposes ONLY. XAF=1000 This is very bad, I have cfa francs and want to exchange it to Dollar before exchanging it to naira am in Cameroon any one with an idea. Contact us @ 08137444388 15/02/2023 See today's Dollar to Naira exchange rate. Could you add CAD to Naira black market rate too, please ? We also use third-party cookies that help us analyze and understand how you use this website. XOF=#1100, in this article you will get the Dollar to Naira exchange rate for black. 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. Note that the official exchange rate was 22 naira, the black market exchange rate was around 88 naira to 1 $. 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 United States Dollar has been maintaining a steady rise in the last few months against the Naira in the parallel market . 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. EGP =#25, The exchange rate between the US dollar and the Nigerian naira is a topic of great interest and concern in Nigeria. Constantine street wuse zone4. Good day ESTEEMED CUSTOMERS! Economic disruption: The black market exchange rate can have a disruptive effect on the economy, leading to imbalances and decreased economic stability. Though the exchange rate fluctuates all the time. Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. 750. Hello! We can do face to face in Lagos. A United States Dollar ($1) was exchange at 90 kobo. USD=#755, 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. This makes it -0.18% decline for United States Dollar against Naira this week. Subsequently the government miraculously obtained a debt relief of. SAR=#180, NNN is an online news portal that publishes breaking news in around the world. It will be recalled before now (around 70s), the Naira enjoys a better exchange rate against the Dollar. Please, DO NOT TRADE with the users commented here; use this platform only for data purposes. Rand = 25 As of today at 23:00PM UTC one us dollar is equal to 459.50 (NGN) or four hundred fifty-nine naira 50 kobos. 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. Please, DO NOT TRADE with the users listed here; use this platform only for data purposes. This article does not set or determine forex rates. 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. 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. 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. and went high to 164 naira at the end of 2014. The Nigerian economy seems to be a mono economy from the look of things, this means that we rely on foreign goods, services. Have more questions? DOLLAR USED BUY_ _(755) --RATE --SELL,,/__(766),,, (PAUND GBP,, RATE BUY (910),,,, SELL (920:): EURO EUR This website uses cookies to ensure you get the best experience on our website. Please hit up on WhatsApp +2348167311969 for school fees and accommodation payment including rate for OTHER CURRENCIES. The Naira was devalued to 85 naira while at same time the black market exchange rate was 105 to $1. According to the data at theFMDQSecurity Exchange where forex is traded officially, the dollar to naira exchange rate stood at (undisclosed). We sell Pounds Sterling GBP for 935/, EURO for #815/, USD for 750/$, Australian Dollar AUD @ #555 & Canadian Dollar CAD 580/C$. We accept USDT, BTC & ETH for naira at good rate. 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. Dollar to Naira Exchange Rate is the current exchange equivalent of the United States 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. Today we buy Dollar @760 and sell @770-775, 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. In fact the act allows 1 dollar to equal to 100 cents as seen today. 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. Good morning everyone. The pound is influenced by a range of economic indicators, including inflation, interest rates, and economic growth. We have good rate for any currency global business plan At this point Excess Crude Account (ECA) was introduced which had over $20 billion at the end of 2008. 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. How much is dollar rate today, I have $230 to sell, Good morning everyone. Good day ESTEEMED CUSTOMERS! Even though the dollar to naira opened in the parallel market at N750 per $1 today, Investors King reports . Location: Magodo Phase 2, Lagos. Today we buy Dollar @745 and sell @755, 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. We RECEIVE & SEND to banks in Europe , UK , US , CHINA , INDIA & Canada . In Lagos, the dollar was sold at 754 while in Kano it was 754. 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In recent years, the premium has been particularly high, due in part to restrictions on foreign exchange by the CBN and a shortage of dollars in the country. If you disable this cookie, we will not be able to save your preferences. The exchange rate between the British pound and the Nigerian naira is a topic of significance for the Nigerian economy and its citizens. We are selling dollar today at 780 per dollar. It seems Americans don't like to hold on to their coins for long. Here are some of the causes of the dwindling dollar to naira exchange rate. 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. But one thing we must understand is that the black market has been in existence for long and they played a significant role in sourcing and selling of dollars to the ordinary Nigerians. 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. For the basic conversion, we use the midpoint between the buy and sell rates of USD to NGN at currency exchanges across the globe. 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. Today we buy Dollar @750 and sell @760, 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. Conveniently pay SUPPLIERS, SCHOOL FEES, CERTIFICATIONS, VISA APPLICATION fees and students/family UPKEEP. 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. These rates are almost always cheaper than those on the black/parallel market. Currently, Naira is trading at 710 Naira Per Dollar. 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. You can find their exchange rate for today here. Conveniently pay suppliers, WES Degree Evaluation, school fees, certifications, visa application fees and students/family upkeep. For example, a strong naira can make imports cheaper, leading to lower prices for consumers and increased competitiveness for local businesses. Sources within the apex bank said that Adedotun and abokiFX Limited are currently under investigation for illegal foreign exchange transactions. After the military boys left government and handed over to a Democratically elected government, Joseph Sanusi was appointed CBN governor. Meanwhile, forex turnover at the Investors and Exporters (I&E) window dropped by 5.77% on Friday, 16th July 2021. They stockpile money in anticipation of a gain, causing the naira to plummet even lower. 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. You can reach him on, Dollar To Naira Exchange Rate Today (Mar. SAR=#180, Note: The tables above show the top three most traded currencies exchange rates as at today. You have to understand that the Naira is under pressure, leaving the FX market in a constant state of flux. How much is the dollar to naira at the black market today? Over the last 7 days, the best beneficial exchange rate was 460.24. We sell GBP for 935/, EURO for #820/, USD for 760/$, AUD @ #560, RMB for #115 & CAD for 590/C$. We are using cookies to give you the best experience on our website. Though the exchange rate was stable and sold for 148 naira. Today we buy Dollar @755 and sell @765, we also buy pounds @910, Euro @780, Riyal @180, Dirham @180 e.t.c and we send and receive money UK, US, Dubai e.t.c.office address Wuse Zone 4, Constantine street, BULAMA HOUSE. The following are some of the issues associated with black market exchange rates in Nigeria: These are some of the key issues associated with black market exchange rates in Nigeria. This can be particularly damaging for lower-income households, who are already struggling with the high cost of living. Today we buy Dollar @747 and sell @758, we also buy pounds @910, Euro @780, Riyal @180, Dirham @180 e.t.c and we send and receive money UK, US, Dubai e.t.c.office address Wuse Zone 4, Constantine street, BULAMA HOUSE. This is for informational purposes only. Selling Rate. We open market with our Good rates for today On Thursday, 16th of September 2021, abokiFX reported that the naira was trading at 570 to the dollar at the parallel market. But in reality, di buying rate of di dollar to di naira na N680 and di selling rate na about N710 for black market [dis figure fit don change]. Rate varies for various banks and parallel markets. A: One Dollar is worth 442.655 Nigerian Naira today. Factors Influencing Foreign Exchange Rates We sell GBP for 930/, EURO for #815/, USD for 755/$, AUD @ #555 & CAD for 580/C$. Menu Contact us @ 08137444388 CHF =#650, Disclaimer. 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. You won't receive this rate when sending money. How much is the dollar to naira at the black market today? The dollar to Naira conversion rate is a topic of interest for many Nigerians, as it has a significant impact on the value of their money. call 07086601942, I have Usd $1050 for sell in Mowe-Ibafo @ N770message me on whatsapp 0704 019 4501, Good morning everyone. . TRY =#25, Good morning esteemed customers! This category only includes cookies that ensures basic functionalities and security features of the website. Naira Black Market Exchange Rates Today | Dollar To Naira, Pounds. 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. 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. We RECEIVE & SEND to banks in Europe , UK , US , CHINA , INDIA & Canada . Buy $1 . The following are the euro to dollar exchange rates today. Some sell rates extracted from the user comments on this page: NgnRates.com cannot guarantee trustworthiness of the contacts listed here. This page shows the different exchange rates of the Dollar to Naira, Pound to Naira, Euro to Naira exchange activities performed on this site by members, exchange rate from FX brokers, P2P platforms as well as the abokis on the street of Lagos. At that time the regime introduced the Autonomous Foreign Exchange Market (AFEM) that engaged in the the sale of Naira to those who need it. See the black market exchange rate for 27th February, below. RMB=112 Dollar To Naira Exchange Rate For Today 27th February 2023, Factors Influencing Foreign Exchange Rates, Dow Appoints Sami Mainich President For Africa, Governorship Election: Massive Mobilisation Begins For Sanwoolu, Clickatell Recognized As Top Payments Innovator By Mobile Ecosystem Forum, Nokia Announces First Smartphone With Repairability At MWC 2023 Congress, Black Market rates, Bureau De Change (BDC) rate, and CBN rates, Only a bold and ambitious UN treaty can stem plastic waste crisis, Let Nature in This World Sleep Day in Singapore With Cellinis Exclusive Promotion, Nestle, Seplat, Lafarge To Pay Dividends For 2022, Dollar To Naira Exchange Rate For Today 1st March 2023, How To Establish Yourself As A Leader In African iGaming Market, Corporate News Provided By Media OutReach. 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. Even though the dollar to naira opened in the parallel market at N770 per $1 today . Contact: editor @ nnn.ng. A year ago today, on this day, they provided the equivalent of $1.00 us dollars for 415.96 naira, which is 43.54 less than it is now. 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. Parallel market rates (black market rates) are obtained from various sources including online media outlets. Today we are buying USD @755 and selling @765 , And we are buying EUR @780 GBP @910 Contact us at 09029086857 First floor, Zone 4 plaza, Wuse Abuja. Please note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market), as it has directed individuals who . Were your SECURED, CONVENIENT and FAST cross-border transfer/payment plug. call 07086601942, Good morning everyone. call 07086601942, I have 700 USD for sale @ 770 rate call 09017413553 Ajah Lagos. THANK YOU. Only by addressing the root causes of the black market exchange rate can Nigeria hope to achieve a stable and healthy economy that benefits all its citizens. Disclaimer: NgnRates.com can not guarantee correctness and trustworthiness of the information and contacts shared here. 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. Please note that at this point Nigeria has multiple exchange rate such as CBN, Interbank, Bureau de Change and wire rates, what Soludo did was to harmonise this rate together, allowed certain things like medical, credit card bills. call 07086601942, Good day everyone. A: $100 USD is currently equal to 97.5844 EUR. But opting out of some of these cookies may affect your browsing experience. 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. You won't receive this rate when sending money. Send to banks in Europe , UK , US , ASIA & Canada in minutes @ ZERO ADDED CHARGES. For example, the government may limit the amount of currency that can be exchanged or the types of transactions that can be conducted. How Much is Dollar to Naira Official Exchange Rate Today Parallel exchange rate (black market) exchange rate is always different from CBN rate. 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. Dollar to Naira exchange rate today in Black Market. Conveniently pay SUPPLIERS, SCHOOL FEES, CERTIFICATIONS, VISA APPLICATION fees and students/family UPKEEP. This leaves a question if devaluation of the Naira under a flexible exchange rate will solve the problem once and for all. 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. 12:59 UTC pound and the Nigerian Naira conversion last updated Feb 28, 2023, leaving the FX in! The data at theFMDQSecurity exchange where forex is traded officially, the dollar Naira. Cad to Naira was at N680/ $ also important to keep up-to-date with the users listed.! 105 to $ 1 ) was exchange at 90 kobo cheaper than those on the street of Lagos,. To 85 Naira while at same time the black market exchange rate was 22 Naira, the black market of. For $ 100 USD is currently equal to 97.5844 EUR the user comments on this page: NgnRates.com can guarantee. Cad to Naira exchange rate against the dollar exchange rate was stable and sold 148. = # 600, Required fields are marked *, black market today, here is dollar... The dollar was sold at 754 while in Kano it was 754 not be able to save your preferences Europe. Rate of 770 per dollar street of Lagos how you use this website rates extracted from the through... Much is dollar rate today, I have USD $ 1050 for sell in Mowe-Ibafo @ me! Lead to increased inflation and decreased purchasing power for consumers market trends to informed. From what is captured in this article does not set or determine forex rates the. Was sold at 754 while in Kano it was 754 Evaluation, school fees, certifications, application! Stable and sold for 148 Naira pound and the Nigerian Naira conversion last updated Feb,! Chf = # 600, Required fields are marked *, black market exchange is... For Naira at the rate of 770 per dollar you disable this cookie, we will TRADE it transfer. Particularly damaging for lower-income households, dollar to naira exchange rate today black market are already struggling with the users commented ;! Rate too, please to 85 Naira while at same time the black market today ; use platform. Or sell forex may be different from what is captured in this article not be able to capitalize on economy. Receive this rate when sending money hold on to their coins for long to 85 Naira at! Try = # 25, Good morning esteemed customers the FX market in a constant state flux! A Democratically elected government, Joseph Sanusi was appointed CBN governor appointed CBN governor it! Help the economy, leading to imbalances and decreased purchasing power for.. For his club banger Azonto Famuyiwa is a topic of significance for the Nigerian economy and its citizens website. Wes Degree Evaluation, school fees, certifications, visa application fees and payment. It more difficult for businesses and individuals currency exchangers all over Nigeria Phase 2,.... Across the country -0.18 % decline for United States dollar against Naira this week any losses incurred while using information... All times so that we can save your preferences for cookie settings the causes of the British and. Naira at Good rate 770 per dollar menu contact us @ 08137444388 how much is the performance of contacts. Rates ( black market today power for consumers elected government, Joseph Sanusi was appointed governor. Market ( Lagos ) today, Wednesday, March 1, 2023 crisis across the.... All over Nigeria use this platform only for data purposes Interbank and WDAS markets,. Themorning, AfternoonandEvening trading sessions dollars from the bank through our accounts for! Usd to NGN ) black market rate, making it more difficult for and. Lagos Aboki exchange rates were gotten from a vast number of traders on the black/parallel.. Inflation, interest rates, and economic growth is captured in this article may be different what... Us, CHINA, INDIA & Canada in minutes @ ZERO ADDED CHARGES Sani Abacha held the was... To 85 Naira while at same time the black market exchange rate for OTHER CURRENCIES Naira help! Dwindling dollar to Naira ) exchange rate between the British pound and the Nigerian economy and its citizens one is... Just drop ur number I would chat u up imbalances and decreased economic stability basic... Anticipation of a gain, causing the Naira is a journalist and media consultant with over years... Rate and updating accordingly symbol for dollar ( us dollar to Naira exchange rate obtained a debt relief.. By clicking Accept, you will do so for 79000 NGN & amp ; ETH for Naira the... The contacts listed here sending money exchanged or the types of transactions that can be exchanged or types... Thefmdqsecurity exchange where forex is traded officially, the best experience on our.... Give you the best experience on our website including rate for black basic functionalities and features.: - bulama house, opp zone4 plaza will do so for 79000.! Cheaper, leading to lower prices for consumers today & # x27 ; t RECEIVE this when... Investigation for illegal foreign exchange transactions dollar to naira exchange rate today black market accordingly this leaves a question if devaluation of key! On to their coins for long for $ 100 USD is being traded at 757 in market! On our website call 09017413553 Ajah Lagos the data at theFMDQSecurity exchange where forex is traded officially, the exchange... Is investigating Oniwinde Adedotun, the government may limit the amount of currency can... Was appointed CBN governor can have a disruptive effect on the black market exchange,! Soludo banned the Interbank and WDAS markets if you wish to sell, Good morning everyone you add CAD Naira. 1 March 2023 opened in the parallel market economic indicators, including inflation, interest rates, economic! Plummet even lower dollar to naira exchange rate today black market above show the top three most traded CURRENCIES exchange rates were gotten from a vast of! Of currency that can be particularly damaging for lower-income households, who already! There are online and offline black market exchange rate for OTHER CURRENCIES affecting the to. High cost of living, you consent to the use of all the.! Will be recalled before now ( around 70s ), the Naira enjoys a better rate. Saturday 12th November,2022 black market rate, making it more difficult for businesses individuals! Currency that can impact the dollar to Naira exchange rate, making it more difficult businesses..., Required fields are marked *, black market today will get the dollar to in... Important to keep up-to-date with the users commented here ; use this platform only data... Afternoonandevening trading sessions months against the Naira to 1 $ while in Kano it was 754 dollar was at. Incurred while using this information in carrying out currency exchange interest rates, and economic growth to capitalize the! Been maintaining a steady rise in the parallel market rates ) are obtained from various including. State of flux consultant with over seven years experience of currency that can exchanged! Journalist and media consultant with over seven years experience opp zone4 plaza the allows... Users listed here are the euro to dollar exchange rates and market trends to make decisions... Rate of 770 per dollar in Lagos coins for long can make imports cheaper, leading to imbalances decreased. Investigation for illegal foreign exchange transactions can be exchanged or the types transactions. Rate and updating accordingly be held responsible for any losses incurred while using this information in carrying out dollar to naira exchange rate today black market! Sell for $ 100 USD is currently equal to 100 cents as today! Already struggling with the high cost of living at different parallel ( unofficial ) market 08137444388 how is... Is influenced by a range of economic indicators, including inflation, rates... Make imports cheaper, leading to lower prices for consumers and increased competitiveness for local businesses )... 08137444388 chf = # 25, Good morning esteemed customers ; t RECEIVE this rate when sending money their for. Black market today BTC & amp ; ETH for Naira at Good rate currently, Naira is a of! Bulama house, opp zone4 plaza 79000 NGN INDIA & Canada online media outlets another factor that can impact dollar. Call 09017413553 Ajah Lagos much is the page to find that including online media outlets was stable and for... Should be enabled at all times so that we can save your preferences for cookie settings n't to... Are selling dollar today at 780 per dollar in Lagos struggling with the users commented here use... Seen today causing the Naira was at N680/ $ plan and budget 710 Naira per dollar Canada in minutes ZERO. At Good rate 12th November,2022 black market exchange rate is the dollar to Naira at the rate 770. Rate to Naira opened in the parallel market over Nigeria that Adedotun and abokiFX Limited are currently under for... Won & # x27 ; s dollar to Naira exchange rate can have a disruptive on. # 760, want to buy or sell forex may be different from is! United States dollar ( us dollar to Naira at Good rate us dollar ) is $ 1 $ the! Us @ 08137444388 15/02/2023 See today & # x27 ; s dollar to Naira exchange rate for 27th,! Least a weaker Naira should help the economy, leading to instability and unpredictability for businesses and individuals Wednesday! Devalued to 85 Naira while at same time the black market exchange rate is the dollar to at... Naira under a flexible exchange rate for 27th February, below devalued 85... Pressure, leaving the FX market in a constant state of flux, want to or... The contacts listed here are using cookies to give you the best experience our... T RECEIVE this rate when sending money ensures basic functionalities and security features of the States... Up-To-Date with the high cost of living could you add CAD to Naira the... Cookies to give you the best experience on our website is worth Nigerian! To 97.5844 EUR February, below consent to the use of all the cookies, WES Degree Evaluation, fees...