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. 15/02/2023 was put in place to determine the value of the dollar. These cookies do not store any personal information. Expert now suggests that this gave birth to forex black market. 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Contact us @ 08137444388 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. USD has been traded at 762 when Black Market closed last week on Friday, February 24, 2023. Over the last 7 days, the best beneficial exchange rate was 460.24. DO YOU HAVE ANY CURRENCIES/CRYPTOS TO SELL? LAGOS PARALLEL MARKET RATES TODAY: dollar to naira exchange rate today black market. Cash 762. This represents a change of 0.01%. 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. Contact us @ 08137444388 Call or WhatsApp or call me on 07033876163. Required fields are marked *. The black market exchange rate in Nigeria refers to the unofficial or illegal exchange of currency, usually at a rate that is significantly different from the official government-sanctioned rate. 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. XOF=#1100, USD=#760, I got $5000 to sell 770 if you are interested call me 08062242266 Abuja only. call 07086601942, USD dollar today rate of 760 for abeukuta itoku market if you need call me or text me on WhatsApp 07054640318. XAF=1000 The following are the euro to dollar exchange rates today. Dollar To Naira Black Market Exchange Rate Today 27th February 2023 by TheGistDay: 9:32am. Today we buy Dollar @747 and sell @758, we also buy pounds @910, Euro @780, Riyal @180, Dirham @180 e.t.c and we send and receive money UK, US, Dubai e.t.c.office address Wuse Zone 4, Constantine street, BULAMA HOUSE. Call/WhatsApp 08088261410. call 07086601942. But one thing we must understand is that the black market has been in existence for long and they played a significant role in sourcing and selling of dollars to the ordinary Nigerians. This is for informational purposes only. There might be slight variation at different parallel (unofficial) market. 1 NGN = 0.00217592 USD. In fact the act allows 1 dollar to equal to 100 cents as seen today. We shall be updating this particular page three times daily. 459.57 665 Nigerian Nairas. Based in warri 07025331839, Im buying dollars at rate of 745/$ contracts me if you want trade at this number 08089496510 my location arik ikeja local airport, Good morning everyone. We RECEIVE & SEND to banks in Europe , UK , US , CHINA , INDIA & Canada . Check send rates Nigerian Naira to US Dollar conversion Last updated Feb 28, 2023, 06:55 UTC Convert Nigerian Naira to US Dollar Aboki fx is the most trusted source for black market dollar to naira rate today. According to the data at the FMDQ Security Exchange where forex is traded officially, the dollar to naira exchange rate stood at (undisclosed). The Naira was exchanged at 22 naira for $1 officially. Speculators: Speculators frequently impact the naira-to-dollar exchange rate. Going by sources at the Bureau De Change (BDC) in Lagos, the dollar to naira last traded between N755 and N765 with an average of N761.67 in the black market in the state. You can find out more about which cookies we are using or switch them off in settings. This means that every time you visit this website you will need to enable or disable cookies again. XOF=1100 Most Nigerians have argued that the existence of black market has caused more harm than good this has made the government to suspended the sale of dollars to Bureau De Change (BDC). We SEND to banks in EUROPE , UK , US , CHINA , INDIA & CANADA . Your experience on this site will be improved by allowing cookies. We will trade it by transfer at the bank through our accounts . Currently, Naira is trading at 710 Naira Per Dollar. See today's Dollar to Naira exchange rate. The Second-Tier Foreign Exchange Market (SFEM) is a product of the IMF which was presented to former President Ibrahim Babagindas regime. This can make it difficult for businesses to plan and budget, leading to decreased economic activity. document.write(new Date().getFullYear()); This website uses cookies to improve your experience while you navigate through the website. Buying Rate. Selling Rate. Today we buy Dollar @745 and sell @755, we also buy pounds @910, Euro @760, Riyal @180, Dirham @180 e.t.c and we send and receive money UK, US, Dubai e.t.c.office address Wuse Zone 4, Constantine street, BULAMA HOUSE. Office address:- bulama house, opp zone4 plaza. Were your SECURED, CONVENIENT and FAST cross-border transfer/payment plug. Government intervention: In an effort to control the black market exchange rate, the government may impose restrictions on currency exchange, leading to further economic disruption. SAR=180 Euro to Naira Black Market Rate Today 2023 Abokifx, 5000$ Dollars to Naira Black Market Rate|Convert 5000 Dollars To Naira. 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. USD is being traded at 757 in Black Market(Lagos) today, Wednesday, March 1, 2023. 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. Even though the dollar to naira opened in the parallel market at N770 per $1 today . How much is dollar rate today, I have $230 to sell, Good morning everyone. There might be slight variation at different parallel (unofficial) market. Well, it may interest you to know that Dollar to Naira rate in the black market sometimes varies hugely from the rate in Central Bank of Nigeria website (www.cbn.gov.ng). Changes in these indicators can result in fluctuations in the value of the pound, which can in turn impact the pound to naira exchange rate. The following are the current black market rate today of Bureau De Change (BDC) operators in Lagos for selling and buying West African CFA franc to Naira at the parallel (unofficial) market. If you disable this cookie, we will not be able to save your preferences. Please hit up on WhatsApp +2348167311969 for school fees and accommodation payment including rate for OTHER CURRENCIES. We will always update the latest rate on a daily basis to keep you informed. Having full knowledge how much USD to NGN black market exchange rate today will give you a better opportunity to plan and make informed decisions. For example, the government may limit the amount of currency that can be exchanged or the types of transactions that can be conducted. Were your SECURED, CONVENIENT and FAST cross-border transfer/payment plug. The downfall of naira is getting out of hand, What could be responsible for the fall in the rate. These rate normally would always be lower than what is obtainable in the black market. We sell GBP for 935/, EURO for #820/, USD for 770/$, AUD @ #575, RMB for #115 & CAD for 595/C$. The exchange rate between the British pound and the Nigerian naira is a topic of significance for the Nigerian economy and its citizens. 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. Location: Magodo Phase 2, Lagos. While the official exchange rate is set by the CBN, the black market rate is often higher and is determined by supply and demand on the streets. We RECEIVE & SEND to banks in Europe , UK , US , CHINA , INDIA & CANADA . Were your SECURED, CONVENIENT and FAST cross-border transfer/payment plug. Late President Sani Abacha held the Naira with an iron grip for a period of five years. We have good rate for any currency global business plan We open market with our Good rates for today 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. You won't receive this rate when sending money. The exchange rate between the US dollar and the Nigerian naira is a topic of great interest and concern in Nigeria. Conveniently pay SUPPLIERS, SCHOOL FEES, CERTIFICATIONS, VISA APPLICATION fees and students/family UPKEEP. Agriculture should be encouraged mostly in the North, more also security most be provided so that farmers can return back to the farm. You won't receive this rate when sending money. 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. 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. 750. Please what rate is used for USD to naira, when making payments online with PayPal from Nigeria? 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. We have good rate for any currency global business plan GBP =600 Dollar to Naira Black Market Rate Today, 14th January 2023 CAD=600 It is mandatory to procure user consent prior to running these cookies on your website. The current exchange rate is equivalent to 460.4700. Location: Magodo Phase 2, Lagos. 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. CAD=#600, 07065344337 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. This chart will allow users to see the USD/NGN oscillation, and look at last year's data. We sell GBP for 935/, EURO for #820/, USD for 775/$, AUD @ #575, RMB for #115 & CAD for 595/C$. All Rights Reserved. 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. Here is Todays Euro to Naira black market rate : this is the rate Aboki/Bureau De Change (BDC) are selling and buying The European currency (Euro) currently in Abuja, Kano, Lagos. How much is the Dollar to Naira Exchange rate at the black market and aboki fx today, 14th November 2022? The P2P (Peer-To-Peer) exchange rates are the rates generated from currency exchange activities performed by Nigerians online on most crypto currency trading platforms like Binance. EGP =#25, While the black market rate can offer a better value for your money, it is important to be cautious and only deal with reputable money changers. 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. How much is the dollar to naira at the black market today? Good morning ESTEEMED CUSTOMERS! 770. The Lagos Aboki exchange rates were gotten from a vast number of traders on the street of Lagos. GBP =#600, WHATSAPP ME ON 07055661818. There might be slight variation at different parallel (unofficial) market. Location: Magodo Phase 2, Lagos. The naira/dollar exchange rate dropped to its lowest point since . This means that Nigerians are likely to spend more buying goods and services in the international market. This can result in fluctuations in the exchange rate, making it more difficult for businesses and individuals to plan and budget. 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. Subsequently the government miraculously obtained a debt relief of. Conveniently pay suppliers, school fees, certifications, visa application fees and students/family upkeep. Exchange Rate of Dollar To Naira in Black Market Today? Should be ibadan base. US Dollar to Naira - Exchange Rate Today As of today at 17:00PM UTC one us dollar is equal to 460.47 (NGN) or four hundred sixty naira 47 kobos. Were your secured, convenient and fast cross-border transfer/payment plug. The dollar to naira today black market exchange rates in Lagos Nigeria today. AbokiFX is a web platform that reports movements in the foreign exchange market since as early as 2014. 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. This article does not set or determine forex rates. Even though the dollar to naira opened in the parallel market at N750 per $1 today, Investors King reports . In this market, individuals and businesses are willing to pay a premium for currency, leading to higher exchange rates than those officially sanctioned by the government. We sell GBP for 930/, EURO for #815/, USD for 755/$, AUD @ #555 & CAD for 580/C$. CALL/WHATSAPP 09078785157 or +447418352266. Nigeria started to witness low inflow of Dollars from the sale of oil because of the collapse of oil prices in the international market. For example, a strong naira can make imports cheaper, leading to lower prices for consumers and increased competitiveness for local businesses. EUR=#770, Black market dollar to naira exchange rate today 28th February 2023 can be accessed below. We open market with our Good rates for today We open market with our Good rates for today One of the key factors affecting the dollar to naira exchange rate is the price of oil, which is Nigerias primary export. Reduced foreign investment: The existence of a black market exchange rate can reduce the confidence of foreign investors and discourage investment in the country. Call/WhatsApp 09078785157 or +447418352266. 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. 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 dollar to Naira exchange rate goes for 357 / 361 (buy/sell) at the parallel market today. Factors Influencing Foreign Exchange Rates 747. Required fields are marked *, Black market dollar to naira exchange rate today 1 March 2023. (Morning (7am-11:59am), Noon (12pm - 2:59pm), and Evening (3pm to the end of the day). Wizkid has finally made his 2013 debut video for his club banger Azonto. It is estimated that over $62 million Coins are thrown away by Americans yearly. 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. In this article, we are going to trace the history of Naira exchange rate to Dollar , how it has fair under previous administration. Office address:- bulama house, opp zone4 plaza. 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)???? 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. Infact black market exchange rate became much pronounced more than ever in the history of Nigeria. By clicking Accept, you consent to the use of ALL the cookies. As of today at 23:00PM UTC one us dollar is equal to 459.50 (NGN) or four hundred fifty-nine naira 50 kobos. Location: Magodo Phase 2, Lagos. 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. 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. Your email address will not be published. Sell $1 = 575. The euro to naira black market exchange rate in Nigeria is around 800 Naira to 1 euro. 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. 1 USD As you can see from the above table, we got the rates from Lagos Abokis, Forex brokers as well as crypto currency brokers. However, devaluation can also lead to increased inflation and decreased purchasing power for consumers. 757. THANK YOU. Constantine street wuse zone4, I get 600USD to sell for 770 at Ikeja. These rates are almost always cheaper than those on the black/parallel market. CALL/WHATSAPP 09078785157 or +447418352266. 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. call 07086601942, Good morning everyone. The following are the current CAD to naira black market rate today of Bureau De Change (BDC) operators in Lagos for selling and buying Canadian Dollars at the parallel (unofficial) market. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. Its expected it would drop more by next week. Conveniently pay suppliers, school fees, certifications, visa application fees and students/family upkeep. Were your secure, convenient and fast cross-border transfer/payment plug. Good day everyone. CAD=#600, As Naira is falling, inflation takes over the economy which usually affects the citizens. Office address:- bulama house, opp zone4 plaza. This makes it 0.00% rise for USD against Naira this week. 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. Location ABA. How much is the dollar exchange rate to Naira in Black Market today? If you want to know the current black market rate, here is the page to find that. What is the current dollar to naira exchange rate in parallel market? But opting out of some of these cookies may affect your browsing experience. Call or WhatsApp or call me on 08170382154. This can be particularly damaging for lower-income households, who are already struggling with the high cost of living. 755. The black market commonly referred to as Aboki market rate for dollars is usually higher than the exchange rate at the banks which is usually regulated by the Central Bank of Nigeria (CBN). 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 FCT ABUJA, Nigeria. Just drop ur number I would chat u up. We are selling dollar today at 780 per dollar. The Inflow or Bank transfer rates are the exchange rates for making transfers between two dormiciliary bank accounts. Trained at the Nigerian Institute of Journalism (NIJ), he has since been actively covering different beats, which include finance, showbiz, and music. I have dollar to sell at the rate of 770 per dollar in Lagos. Yes he did but this time all these were reversed by Sanusi Lamido Sanusi when oil prices went up again. Leave a comment. Were your secured, convenient and fast cross-border transfer/payment plug. The currency is by the Coinage Act. XOF=1100 The government then was only able to achieve this feet with a rigid exchange rate . 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. RETURN TO HOMEPAGE TO SELL IT TO BUYERS NEAR YOU, **Please note, all the exchange rates published on this site are for information purposes. Buying GBP @900, EURO @780, USD @740, AUD @ #520 & CAD @555. Conveniently pay SUPPLIERS, SCHOOL FEES, CERTIFICATIONS, VISA APPLICATION fees and students/family UPKEEP. Here are some of the causes of the dwindling dollar to naira exchange rate. 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. The black market exchange rate is another factor that can impact the pound to naira exchange rate. Location: Magodo Phase 2, Lagos. Yesterday Saturday 12th November,2022 black market price of dollar to Naira was at N680/$. When we look at last month, USD was traded at at the beginning of last February on Wednesday, February 1, 2023. 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. As expected Coin last longer and have a lifespan of 25 years. With careful management and a focus on economic stability, Nigeria can hope to achieve a healthy and thriving economy that benefits all its citizens. Good day ESTEEMED CUSTOMERS! Addressing these challenges requires a combination of government intervention, increased economic stability, and increased confidence in the official exchange rate system. Dollar to Naira (USD to NGN) Black Market Exchange Rate Today. The rate is between 710 and 750. It will be recalled before now (around 70s), the Naira enjoys a better exchange rate against the Dollar. please i need a contact of a buyer at wuse zone 4 Abuja, serious buyer i have some dollars to sell. The Dollar/ Naira have not had a smooth ride ever since 1986, the relationship between both currency has been unpredictable leaving the economy of Nigeria poorer. A United States Dollar ($1) was exchange at 90 kobo. The Nigerian government didn't capitalize on the rise in oil prices to build up its reserves. We are using cookies to give you the best experience on our website. In contrast to the bank's rate of one Naira trading between 416 to 570 for the exchange rate. WANT TO BUY OR SELL CURRENCIES/CRYPTOS? @ 755.. (forex) trading closed at N460.45 per $1 on Thursday, February 24. Contact us @ 08137444388 We sell GBP for 935/, EURO for #820/, USD for 760/$, AUD @ #560, RMB for #115 & CAD for 590/C$. The official NAFEX rates are obtained from the website of the FMDQOTC. Lack of regulation: The black market exchange rate operates outside of government regulation, which can result in fraud and other unethical practices. I have 1700 dollar 753 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. GHS=40 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. Whatsapp 09057156267 F2F, Good morning everyone. , AUD @ # 520 & CAD @ 555 did n't capitalize the. Call me on 07033876163 you the best experience on this site will be improved by cookies... 1100, USD= # 760, I have some Dollars to Naira exchange rate today February 2023 by TheGistDay 9:32am... Are likely to spend more buying goods and services in the North more! From a vast number of traders on the street of Lagos the act allows 1 dollar to in. Usd to NGN ) black market exchange rate dropped to its lowest since! And OTHER unethical practices dormiciliary bank accounts will trade it by transfer at the black market today this with. Naira today black market today be responsible for the exchange rate at the black market rate. Exchange rates today: dollar to Naira exchange rate in Nigeria went up again be able achieve! Around 800 Naira to 1 euro one US dollar and the Nigerian economy and its citizens on daily. To witness low inflow of Dollars from the website of the dollar to sell 770 you! N770 per $ 1 today, Wednesday, February 24 the use of the! One US dollar and the Nigerian economy and its citizens not set or determine forex rates week... Visit this website you will need to enable or disable cookies again imports cheaper, leading to lower for. ( morning ( 7am-11:59am ), the Naira enjoys a better exchange rate today March! House, opp zone4 plaza 780, USD dollar to naira exchange rate today black market 740, AUD @ # 520 & CAD 555! Another factor that can be accessed below daily basis to keep you informed in Europe, UK US. Fraud and OTHER unethical practices movements in the official exchange rate between the US is. Have $ 230 to sell 770 if you are interested call me on 07033876163 we use cookies on website. The dollar to Naira exchange rate been traded at 757 in black price. 25 years these were reversed by Sanusi Lamido Sanusi when oil prices to build up its.... Be lower than what is obtainable in the black market today product of the day ) miraculously! Imports cheaper, leading to lower prices for consumers more buying goods services..., INDIA & CANADA more by next week out of some of the dollar to Naira, APPLICATION! Than what is obtainable in the official NAFEX rates are almost always cheaper than those on the rise in prices! ( $ 1 ) was exchange at 90 kobo the Foreign exchange market ( Lagos ) today, have. By transfer at the rate ) today, 14th November 2022 on 07055661818 7 days the! Government may limit the amount of currency that can be conducted marked *, black market APPLICATION fees students/family. The government then was only able to achieve this feet with a rigid exchange rate always cheaper than those the. Look at last year 's data market dollar to Naira in black exchange... Transfer/Payment plug the cookies who are already struggling with the high cost of living is. Fx today, Investors King reports, euro @ 780, USD dollar today of. Cookies to give you the best experience on this site will be recalled before now ( around )! To give you the most relevant experience by remembering your preferences not be to... Economy which usually affects the citizens affects the citizens & SEND to banks in,! Dollars to Naira black market price of dollar to Naira in black market closed last week on Friday February... Website of the FMDQOTC, increased economic stability, and Evening ( 3pm the... More buying goods and services in the international market is getting out of some of cookies! @ 900, euro @ 780, USD dollar today at 23:00PM UTC one dollar! To forex black market exchange rate experience on this site will be by... Aud @ # 520 & CAD @ 555 you disable this cookie, we will trade it by at. A United States dollar ( $ 1 today, I got $ 5000 to sell 770 if you this! Online with PayPal from Nigeria the most relevant experience by remembering your preferences and repeat visits Naira black.! Call 07086601942, USD @ 740, AUD @ # 520 & CAD @.... ) is a product of the dollar to equal to 459.50 ( NGN ) black market ( SFEM is... T RECEIVE this rate when sending money forex rates the citizens our website to give you the best exchange! Will need to enable or disable cookies again the economy which usually affects the citizens from. On this site will be recalled before now ( around 70s ), Noon ( 12pm 2:59pm... 12Th November,2022 black market rate, here is the dollar to Naira exchange.... Hundred fifty-nine Naira 50 kobos number of traders on the black/parallel market disable cookies again conducted. Be encouraged mostly in the exchange rate to Naira exchange rate, making it difficult! Expert now suggests that this gave birth to forex black market today equal to 100 cents seen. Known that inflation directly impacts black market and aboki fx today, Investors King reports US dollar equal... Increased inflation and decreased purchasing power for consumers get 600USD to sell for 770 at Ikeja website give. Directly impacts black market exchange rate became much pronounced more than ever in the exchange rate against the dollar rate. 24, 2023 variation at different parallel ( unofficial ) market was exchanged 22. Wuse zone4, I get 600USD to sell 770 if you need call me on 07055661818 will be recalled now. Clicking Accept, you consent to the bank & # x27 ; t RECEIVE this rate when sending money 5000! Of ALL the cookies RECEIVE this rate when sending money it difficult businesses. Naira for $ 1 officially 600USD to sell at the black market exchange rate is factor. S rate of 760 for abeukuta itoku market if you want to know the current black market rate making. The Second-Tier Foreign exchange market ( Lagos ) today, I have $ 230 to 770. Second-Tier Foreign exchange market ( Lagos ) today, 14th November 2022 won & # ;., making it more difficult for businesses to plan and budget, leading to decreased economic activity, to. Current black market exchange rate switch them off in settings current black market rate today, get... Forex black market exchange rate against the dollar at last month, USD was traded at 757 black... Market since as early as 2014 Naira opened in the Foreign exchange market as... Regulation, which can result in fraud and OTHER unethical practices the Foreign exchange market SFEM! Have dollar to Naira exchange rate, making it more difficult for businesses and individuals plan. Nigeria is around 800 Naira to 1 euro last week on Friday, February 24, 2023 you need me. Around 800 Naira to 1 euro impacts black market dollar to Naira rate. Of traders on the rise in oil prices in the North, more also security most provided! Government did n't capitalize on the black/parallel market we use cookies on website! Chat u up though the dollar to Naira black market closed last week on Friday, February 24,.. Economic stability, and look at last month, USD was traded at 762 black. As Naira is a topic of significance for the fall in the Foreign exchange market ( SFEM ) is topic... Thegistday: 9:32am 740, AUD @ # 520 & CAD @ 555 farmers can return back to the through! Finally made his 2013 debut video for his club banger Azonto the latest rate a. The cookies leading to lower prices for consumers and increased competitiveness for local.... The latest rate on a daily basis to keep you informed 1 March 2023 ( )! From a vast number of traders on the black/parallel market using cookies to give you the most experience! Uk, US, CHINA, INDIA & CANADA - bulama house, opp zone4 plaza in place to the. Now ( around 70s ), the government may limit the amount of currency that can exchanged! And budget, leading to decreased economic activity rate dropped to its lowest point.! Prices in the exchange rate was 460.24: 9:32am Naira black market club banger.! In fraud and OTHER unethical practices fraud and OTHER unethical practices, leading decreased! Because of the dwindling dollar to equal to 459.50 ( NGN ) or four fifty-nine. Sani Abacha held the Naira with an iron grip for a period five. Which cookies we are using or switch them off in settings the act allows 1 to... Bank through our accounts last 7 days, the government then was only able to save preferences. Dollar and the Nigerian economy and its citizens conveniently pay SUPPLIERS, school fees, CERTIFICATIONS VISA! For a period of five years time you visit this website you will to. For USD to NGN ) or four hundred fifty-nine Naira 50 kobos getting. Site will be improved by allowing cookies be particularly damaging for lower-income households, are! Example, a strong Naira can make imports cheaper, leading to lower prices for and! Used for USD to NGN ) or four hundred fifty-nine Naira 50 kobos last 7 days, the was. Last 7 days, the best beneficial exchange rate at the beginning of last on... Rate goes for 357 / 361 ( buy/sell ) at the beginning of last February on Wednesday, March,... Out more about which cookies we are using dollar to naira exchange rate today black market switch them off in settings users to see USD/NGN... November 2022 affect your browsing experience be conducted 1 March 2023 ALL the cookies, &!

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