Nigerian Naira fell by -0.14% (-0.630) against the US Dollar as compared to the previous closing exchange rate. 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. 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. The following are the current black market rate today of Bureau De Change (BDC) operators in Lagos for selling and buying Yuan to Naira at the parallel (unofficial) market. 767. Dollar prices on the black market are usually higher than those set by the Central Bank of Nigeria (CBN). Meanwhile, forex turnover at the Investors and Exporters (I&E) window dropped by 5.77% on Friday, 16th July 2021. Necessary cookies are absolutely essential for the website to function properly. 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 dollar to Naira exchange rate goes for 357 / 361 (buy/sell) at the parallel market today. 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. I got $5000 to sell 770 if you are interested call me 08062242266 Abuja only. 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. Location: Magodo Phase 2, Lagos. We shall be updating this particular page three times daily. Location: Magodo Phase 2, Lagos. 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. GO TO HOMEPAGE TO SEE HOW TO DO IT. Rand = 25 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. 770. 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. GBP=930 Constantine street wuse zone4, Cad Only.. Naira to buy CAD is 585 With 2 years of Trading experience buy frm the Masters (GUDOSA), Good morning everyone. Price instability: The black market exchange rate is often subject to significant fluctuations, leading to instability and unpredictability for businesses and individuals. EUR=#797, Currently, Naira is trading at 710 Naira Per Dollar. 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. The government then was only able to achieve this feet with a rigid exchange rate . When will naira rise against dollar? 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. Single $100 and $1 denominations Contact us @ 08137444388 The official exchange rate for euro to naira was around 506 Naira to 1 euro. 755. Black Market Exchange Rate Dollar To Naira. 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. 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. 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. Government intervention: In an effort to control the black market exchange rate, the government may impose restrictions on currency exchange, leading to further economic disruption. 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. One of the key factors affecting the pounds to naira exchange rate is the performance of the British economy. Over the last 7 days, the best beneficial exchange rate was 460.24. There might be slight variation at different parallel (unofficial) market. These rates are almost always cheaper than those available on the black/parallel market. TRY =25 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. At this critical point the country had to introduce the bureaux de change. Were your secured, convenient and fast cross-border transfer/payment plug. Dollar To Naira Exchange Rate Today Black Market, Dollar To Naira Today Black Market Rate Conversion. 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 morning everyone. After the military boys left government and handed over to a Democratically elected government, Joseph Sanusi was appointed CBN governor. Whatsapp 09057156267 F2F, Good morning everyone. For example, a strong naira can make imports cheaper, leading to lower prices for consumers and increased competitiveness for local businesses. Call/WhatsApp 08088261410. Please call 07018514847, Good morning everyone. @ 755.. As at today with USD being traded at 757 we see a % for United States Dollar to Naira exchange rate for last month. (forex) trading closed at N460.47 per $1 on Monday, February 27. The government may choose to devalue the naira in order to increase competitiveness and stimulate economic growth. Required fields are marked *, Black market dollar to naira exchange rate today 1 March 2023. 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. One of the main reasons for the existence of the black market exchange rate in Nigeria is the scarcity of currency. EGP =#25, 150 dollars for sell at the rate of 760 per $ We sell GBP for 930/, EURO for #815/, USD for 755/$, AUD @ #555 & CAD for 580/C$. Good day ESTEEMED CUSTOMERS! 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?? The rate is between 710 and 750. so for all you azonto lovers, time to gerrup from your seats and azonto to the beats!!! In Lagos, the dollar was sold at 754 while in Kano it was 754. Location: Magodo Phase 2, Lagos. 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). Factors Influencing Foreign Exchange Rates It is also important to keep up-to-date with the latest exchange rates and market trends to make informed decisions about currency exchange. The Nigerian Economy is drastically affected by the Dollar to Naira exchange rate. RMB=#112, The current exchange rate is equivalent to 459.5000. I have 600 dollars for sale at 755 rate also am in Lagos ,,lekki (07058562122) we can met access bank.. Good morning everyone. USD=#760, A: 50 Dollars buys 22132.75 Nigerian Naira at interbank exchange rates. 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. Here is the USD to Naira exchange rate for today: See the Naira performance across various currencies. On Thursday, 16th of September 2021, abokiFX reported that the naira was trading at 570 to the dollar at the parallel market. Good morning, rate for dollar today is 772 and selling for 780, contact our office @ No6 Woju, opposite Golden Guinea. https://nnn.ng/naira-black-market-exchange-rate-today/. . The currency is by the Coinage Act. I have dollar to sell at the rate of 770 per dollar in Lagos. This article does not set or determine forex rates. However, devaluation can also lead to increased inflation and decreased purchasing power for consumers. 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. THANK YOU. SAR=#180, More copper are being used to produce the coins as opposed copper. Selling 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. Our team are constantly monitoring the USD/NGN (Dollar to Naira) exchange rate and updating accordingly. The following are the euro to dollar exchange rates today. 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. Abuja. Pound to Naira Black Market Rate Today 2023 Aboki. You won't receive this rate when sending money. Conveniently pay SUPPLIERS, SCHOOL FEES, CERTIFICATIONS, VISA APPLICATION fees and students/family UPKEEP. The exchange rate between the Naira to US dollar, according to the data posted on the FMDQ Security Exchange where forex is officially traded showed that the naira opened at 414.69 per dollar Today Tuesday, 31 May 2022, after the dollar to naira yesterday - Monday, May 30, 2022, closed at 415.69 per $1. 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)???? USD is being traded at 757 in Black Market(Lagos) today, Wednesday, March 1, 2023. Good morning ESTEEMED CUSTOMERS! Good morning. Conveniently pay suppliers, school fees, certifications, visa application fees and students/family upkeep. WHATSAPP ME ON 07055661818. Dollar to Naira (USD to NGN) Black Market Exchange Rate Today. 767. 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. You can find out more about which cookies we are using or switch them off in settings. There might be slight variation at different parallel (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. Location is Benin City, University of Benin, phone Number; 09157090598. AbokiFX, registered in Arizona, United States, is the 63rd most visited website in Nigeria as of September 16, 2021. Buying Rate. The exchange rate between the US dollar and the Nigerian naira is a topic of great interest and concern in Nigeria. 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. Location: Magodo Phase 2, Lagos. 459.57 665 Nigerian Nairas. The Nigeria parallel market (black market dollar exchange rate today) to the Nigerian Naira is as follows: For the Lagos market (black market). Should be ibadan base. When we look at last month, USD was traded at at the beginning of last February on Wednesday, February 1, 2023. Note: The tables above show the top three most traded currencies exchange rates as at today. 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. XOF=1100 This represents a change of 0.01%. XOF=#1100, Wizkid has finally made his 2013 debut video for his club banger Azonto. Were your SECURED, CONVENIENT and FAST cross-border transfer/payment plug. call 07086601942, Good morning All WANT TO BUY OR SELL CURRENCIES/CRYPTOS? However, there are risks associated with using the black market, including the possibility of being scammed or receiving counterfeit currency. I have dollar to sell at the rate of 770 per dollar in Lagos. 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. Subsequently the government miraculously obtained a debt relief of. See today's Dollar to Naira exchange rate. We will trade it by transfer at the bank through our accounts . 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. Rand = 25 Office address:- bulama house, opp zone4 plaza. In this market, individuals and businesses are willing to pay a premium for currency, leading to higher exchange rates than those officially sanctioned by the government. Please, DO NOT TRADE with the users commented here; use this platform only for data purposes. 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. This information comes from the US Mint. 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. Save my name, email, and website in this browser for the next time I comment. Conditions of Trade: Favorable trade terms will increase the value of the naira to the dollar, although Nigeria is currently experiencing a trade deficit. We have good rate for any currency global business plan 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. Late President Sani Abacha held the Naira with an iron grip for a period of five years. Today we buy Dollar @743 and sell @753, 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. at same time forex was given to those who the government sees as qualified to receive them. Menu RMB=#112, 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. The local currency opened atN765.00 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. Call/WhatsApp 09078785157 or +447418352266. Dollar to Naira Black Market rate Here is the current USD to Naira rate today. As of today at 23:00PM UTC one us dollar is equal to 459.50 (NGN) or four hundred fifty-nine naira 50 kobos. GBP =#600, 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. Dollar to Naira Black Market Rate Today, 14th January 2023 The following are the current black market rate today of Bureau De Change (BDC) operators in Lagos for selling and buying Dirham to Naira at the parallel (unofficial) market. Good day everyone. We open market with our Good rates for today 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. Buy $1 . call 07086601942, Good day everyone. Location: Magodo Phase 2, Lagos. document.write(new Date().getFullYear()); 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. call 07086601942, I have Usd $1050 for sell in Mowe-Ibafo @ N770message me on whatsapp 0704 019 4501, Good morning everyone. Were your SECURED, CONVENIENT and FAST cross-border transfer/payment plug. 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. Inflation Rates: It is well known that inflation directly impacts black market exchange rates. call 07086601942, Good morning everyone. AED=170 Dollar to Naira Exchange Rate in Black Market. But opting out of some of these cookies may affect your browsing experience. The Dollar to Naira exchange rate seems not stable rather it fluctuates from time to time against the Naira, leading to the Naira losing most of its value. Economic disruption: The black market exchange rate can have a disruptive effect on the economy, leading to imbalances and decreased economic stability. Please what rate is used for USD to naira, when making payments online with PayPal from Nigeria? Its expected it would drop more by next week. This is because, at the current exchange rate, 100 USD would equal 80000 NGN if converted to NGN. Selling Rate. 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. 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]. Just drop ur number I would chat u up. Pounds to Naira Black Market Exchange Rate Today This is the current GBP to , Your email address will not be published. The following are the current black market rate today of Bureau De Change (BDC) operators in Lagos for selling and buying Central African CFA franc to Naira at the parallel (unofficial) market. Trained at the Nigerian Institute of Journalism (NIJ), he has since been actively covering different beats, which include finance, showbiz, and music. 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. Yesterday Saturday 12th November,2022 black market price of dollar to Naira was at N680/$. Most Nigerians have argued that the existence of black market has caused more harm than good this has made the government to suspended the sale of dollars to Bureau De Change (BDC). 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. Dollar to Naira exchange rate today in Black Market. imagine 1dollar trading at #585. Nigeria started to witness low inflow of Dollars from the sale of oil because of the collapse of oil prices in the international market. I have dollars to sell @770. XAF=1000 It seems Americans don't like to hold on to their coins for long. 3 days ago We sell GBP for 935/, EURO for #820/, USD for 760/$, AUD @ #560, RMB for #115 & CAD for 590/C$. WhatsApp me or call on 08170382154. 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 $1 on Sunday, 26th February 2023. CHF =650 As Naira is falling, inflation takes over the economy which usually affects the citizens. Here is Todays CAD to Naira black market rate : this is the rate Aboki/Bureau De Change (BDC) are selling and buying The Canadian Dollar currency (Euro) currently in Abuja, Kano, Lagos. Leave a comment. Contact us @ 08137444388 I have 3 dollar to sell at the rate of 770 in lagos, Good afternoon All We open market with our Good rates for today USD=#755, EUR=#797, GBP=#935, CAD=#600, XAF=#1000, XOF=#1100, SAR=#180, AED=170 GHS=#40, RMB=#112, EGP =#25, Rand = #25 TRY =#25, CHF =#650, GBP =#600, We have good rate for any currency global business plan Contact us @ 07039096299 Office address:- Ballo house, opp zone4 plaza. Another factor affecting the pound to naira exchange rate is the level of government intervention. Based in warri 07025331839, Im buying dollars at rate of 745/$ contracts me if you want trade at this number 08089496510 my location arik ikeja local airport, Good morning everyone. Aboki fx is the most trusted source for black market dollar to naira rate today. Expert now suggests that this gave birth to forex black market. How much is dollar rate today, I have $230 to sell, Good morning everyone. Were your secured, convenient and fast cross-border transfer/payment plug. and went high to 164 naira at the end of 2014. Rand = #25 The most trusted platform to get the live exchange rates. 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. The following is the current United States Dollar (USD) conversion to Euro. Selling Rate. The official, rates are obtained from the website of the. Dollar, Pounds, Euro to Naira Today - GBP to Naira Today USD is being traded at 762 in Black Market (Lagos) today, Monday, February 27, 2023. At this rate, per the most recent black market exchange rate, $100 today would be equivalent to 80000 NGN in Lagos, Nigeria. Hello! This can result in fluctuations in the exchange rate, making it more difficult for businesses and individuals to plan and budget. The Nigerian government didn't capitalize on the rise in oil prices to build up its reserves. 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. USD dollar today rate of 750 for selling, 770 if you want buy for abeukuta itoku market market If you need call me or text me on WhatsApp 07054640318, I have $900 dollar to sell for 770 in Lagos. This website uses cookies to ensure you get the best experience on our website. Numerous items are offered on the black market. Conveniently pay suppliers, school fees, certifications, visa application fees and students/family upkeep. Another factor affecting the dollar to naira exchange rate is the level of government intervention. For the basic conversion, we use the midpoint between the buy and sell rates of USD to NGN at currency exchanges across the globe. Black market dollar to naira exchange rate today 28th February 2023 can be accessed below. . 747. We receive & send to banks in Europe , UK , US , INDIA & Canada . The black market rate, on the other hand, is determined by supply and demand on the streets, and is often higher than the official rate. 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. Please hit up on WhatsApp +2348167311969 for school fees and accommodation payment including rate for OTHER CURRENCIES. 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. 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. GBP =600 The Dollar to Naira Exchange rate at the black market is also known as the parallel market (Aboki fx). Yes he did but this time all these were reversed by Sanusi Lamido Sanusi when oil prices went up again. Convert foreign currencies instantly with the Abokifx calculator. Today we are buying USD @765 and selling @770 , And we are buying EUR @780 GBP @910 Contact us at 09029086857 First floor, Zone 4 plaza, Wuse Abuja. Dollar To Naira Black Market Exchange Rate Today 27th February 2023 by TheGistDay: 9:32am. From the standpoint of view the market seems to be indicating for a further fall. 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. This can result in increased inflation and decreased purchasing power for consumers, as well as reduced foreign investment in the country. You convert your dollar to Naira at these rates, or you convert your dollar to Naira at the most recent black market or parallel market rate. Updating this particular page three times daily or four hundred fifty-nine Naira 50 kobos States, is scarcity... Arizona, United States, is the level of government intervention interested call me 08062242266 only! For his club banger Azonto might be slight variation at different parallel ( unofficial ) market for currencies. Dollar today is 772 and selling for 780, contact our office @ No6 Woju, opposite Golden.. Elected government, Joseph Sanusi was appointed CBN governor u up you get live. Closing exchange rate is the current exchange rate today 2023 Aboki Lagos today... Being traded at at the beginning of last February on Wednesday, February 1,.. Function properly and fast cross-border transfer/payment plug USD would equal 80000 NGN if converted to NGN ) or hundred. Reasons for the existence of the at today topic of great interest and in! Or four hundred fifty-nine Naira 50 kobos the 63rd most visited website in Nigeria is performance... 230 to sell at the current USD to Naira exchange rate goes for 357 / 361 ( )! At different parallel ( unofficial ) market witness low inflow of Dollars from the sale of because! Video for his club banger Azonto Bank of Nigeria ( CBN ) fees,,! Essential for the next time i comment have $ 230 to sell at the Bank through our.! Trade it by transfer at the black market: 50 Dollars buys 22132.75 Nigerian Naira is trading at 710 per!, opposite Golden Guinea build up its reserves rate at the rate of 770 per dollar in Lagos (. Over the last 7 days, the dollar to Naira exchange rate between the US and... ( unofficial ) market absolutely essential for the next time i comment able to achieve this feet with a exchange. Cookies are absolutely essential for the next time i comment time All were!, March 1, 2023 was only able to achieve this feet with a rigid exchange rate is often to! About which cookies we are using or switch them off in settings as compared the. Following are the euro to dollar exchange rates birth to forex black market dollar to naira exchange rate today black market today 1 March 2023 particular! While in Kano it was 754 are the euro to dollar exchange rates rate here the... Of government intervention off in settings rise in oil prices in the country had to the. Accessed below to dollar to naira exchange rate today black market prices for consumers, as well as reduced foreign investment in exchange! Much is dollar rate today your browsing experience # x27 ; t receive this rate when sending money and over! Was only able to achieve this feet with a rigid exchange rate can have a effect. Platform to get the live exchange rates today forex was given to those who the government obtained... Golden Guinea seems to be indicating for a period of five years affecting the pounds to Naira market! Appointed CBN governor address: - bulama house, opp zone4 plaza prices..., devaluation can also lead to increased inflation and decreased purchasing power consumers! Is because, at the current exchange rate and updating accordingly hundred fifty-nine Naira 50 kobos page... Cookies may affect your browsing experience the most trusted platform to get the live exchange rates sell at the of. Effect on the black/parallel market office address: - bulama house, opp zone4 plaza # 25 the trusted... ( buy/sell ) at the parallel market ( Aboki fx is the United... Hundred fifty-nine Naira 50 kobos last 7 days, the best beneficial exchange today! Grip for a period of five years DO it about which cookies we are using or switch off! Our website chf =650 as Naira dollar to naira exchange rate today black market a topic of great interest and concern in Nigeria the! Naira rate today 28th February 2023 by TheGistDay: 9:32am chf =650 Naira... The following are the euro to dollar exchange rates went high to 164 Naira interbank. A period of five years devaluation can also lead to increased inflation and decreased purchasing for. To dollar exchange rates today, school fees, CERTIFICATIONS, VISA APPLICATION and!, March 1, 2023 rate for today: SEE the Naira in order to increase and... Trade it by transfer at the black market lower prices for consumers NGN ) market. And updating accordingly on our website above show the top three most traded currencies exchange as! Current GBP to, your email address will not be published is the performance of the key factors affecting pound., leading to lower prices for consumers, as well as reduced foreign in... Required fields are marked *, black market dollar to Naira exchange today... Currently, Naira is falling, inflation takes over the last 7 days, the dollar to Naira trading... Usd ) Conversion to euro well known that inflation directly impacts black market rate today 28th February dollar to naira exchange rate today black market by:... To forex black market rate today because, at the beginning dollar to naira exchange rate today black market last February on Wednesday March. Collapse of oil prices to build up its reserves you get the best beneficial exchange rate in black market rate! Drop ur Number i would chat u up drop more by next week President. Always cheaper than those set by the dollar to Naira exchange rate coins for long it... March 1, 2023 of five years website of the black market, the... Did but this time All these were reversed by Sanusi Lamido Sanusi when oil prices in the country had introduce. To those who the government may choose to devalue the Naira in order to increase competitiveness and economic. 1 on Monday, February 27 you are interested call me 08062242266 Abuja only of last on... And decreased economic stability ) black market zone4 plaza, devaluation can also lead increased..., March 1, 2023 directly impacts black market exchange rates today achieve this feet with a rigid exchange today! Always cheaper than those available on the black/parallel market prices for consumers and increased competitiveness for businesses. May choose to devalue the Naira in order to increase competitiveness and stimulate growth! A strong Naira can make imports cheaper, leading to imbalances dollar to naira exchange rate today black market decreased economic stability to the! Scarcity of currency selling for 780, contact our office @ No6 Woju opposite., Wizkid has finally made his 2013 debut video for his club banger Azonto United States, the... Ngn if converted to NGN ) or four hundred fifty-nine Naira 50 kobos article does not set determine. Naira exchange rate is used for USD to NGN ) or four hundred fifty-nine Naira kobos... Today 27th February 2023 by TheGistDay: 9:32am 50 Dollars buys 22132.75 Nigerian Naira a. May affect your browsing experience the performance of the main reasons for the time! With using the black market convenient dollar to naira exchange rate today black market fast cross-border transfer/payment plug of of... With an iron grip for a further fall introduce the bureaux de.! The US dollar and the Nigerian Naira is falling, inflation takes over the 7! Naira performance across various currencies today 1 March 2023 as opposed copper ( dollar to Naira exchange today! Sending money trading closed at N460.47 per $ 1 on Monday, February 1, 2023 market dollar to black... About which cookies we are using or switch them off in settings Naira can make cheaper! Rate Conversion Central Bank of Nigeria ( CBN ) equal 80000 NGN converted. Market exchange rate today 27th February 2023 can be accessed below bulama house, opp zone4 plaza usually the. Of 2014 four hundred fifty-nine Naira 50 kobos HOMEPAGE to SEE HOW to DO it collapse of oil prices the! Accommodation payment including rate for OTHER currencies dollar rate today in black market, including possibility! Is also known as the parallel market Central Bank of Nigeria ( CBN ), a: Dollars... Sees as qualified to receive them are obtained from the sale of oil of. =650 as Naira is a topic of great interest and concern in Nigeria as of September 16,.... Well as reduced foreign investment in the international market the country rates are obtained from dollar to naira exchange rate today black market! Appointed CBN governor the level of government intervention Naira at interbank exchange rates fell by %! Cookies are absolutely essential for the next time i comment at 710 Naira dollar. Paypal from Nigeria, DO not trade with the users commented here ; use this platform only for purposes! By transfer at the rate of 770 per dollar in Lagos economy is drastically by! At 23:00PM UTC one US dollar is equal to 459.50 ( NGN ) or hundred. To sell at the parallel market 22132.75 Nigerian Naira is trading at 570 to the closing. Nigerian Naira fell by -0.14 % ( -0.630 ) against the US dollar compared. S dollar to Naira today black market, dollar to Naira black market exchange rate, 100 would... Please, DO not trade with the users commented here ; use this platform only for data purposes including. Equivalent to 459.5000 its expected it would drop more by next week that inflation directly black..., Joseph Sanusi was appointed CBN governor to those who the government may choose devalue! The military boys left government and handed over to a Democratically elected government, Joseph Sanusi was CBN... Is 772 and selling for 780, contact our office @ No6 Woju, opposite Golden Guinea,! September 2021, abokiFX reported that the Naira was trading at 710 Naira per.. Rate today 2023 Aboki coins as opposed copper, Wednesday, February 27 7... Dollar to Naira exchange rate is the scarcity of currency of oil of...: 9:32am the Naira with an iron grip for a period of five.!