dollar to naira exchange rate today black market

Please note that oil price under Sani Abacha regime was hovering around $20 per barrel and Nigeria was faced with numerous economic problems and some level of economic sanctions by the West leaving the government with little amount of dollars to go round the economy. (Morning (7am-11:59am), Noon (12pm - 2:59pm), and Evening (3pm to the end of the day). There might be slight variation at different parallel (unofficial) market. 767. We sell GBP for 935/, EURO for #820/, USD for 755/$, AUD @ #555 & CAD for 580/C$. 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. However, our focus here is on currency transactions on the illicit market. Note that the official exchange rate was 22 naira, the black market exchange rate was around 88 naira to 1 $. N770/DOLLAR. Contact me on 09031137266 Were your SECURED, CONVENIENT and FAST cross-border transfer/payment plug. Buying Rate. Pls I need someone to teach me how to trade on binance. 1 USD I have dollar to sell at the rate of 770 per dollar in Lagos. Dollar to Naira bank rate is the rate you use when purchasing something from foreign websites using your Naira Mastercard or Debit card from Nigerian Banks. Good morning. Though the exchange rate was stable and sold for 148 naira. 3 days ago We sell GBP for 930/, EURO for #815/, USD for 755/$, AUD @ #555 & CAD for 580/C$. Constantine street wuse zone4, I get 600USD to sell for 770 at Ikeja. Though the exchange rate fluctuates all the time. . 1.00 Nigerian Naira = 0.00 21790726 US Dollars 1 USD = 458.911 NGN We use the mid-market rate for our Converter. CAD=600 The Inflow or Bank transfer rates are the exchange rates for making transfers between two dormiciliary bank accounts. We RECEIVE & SEND to banks in Europe , UK , US , CHINA , INDIA & CANADA . 08182225771 physical Lagos business or gtbank to gtbank transfer, 700 Dollar Available. Dollar to Naira Exchange Rate in Black Market. Contact us @ 08137444388 This phenomenon is a result of a combination of factors, including currency scarcity, price instability, and a lack of regulation. It is mandatory to procure user consent prior to running these cookies on your website. One of the key factors affecting the pounds to naira exchange rate is the performance of the British economy. It is on record that over 97% of this is federal reserve. The current exchange rate is equivalent to 460.4700. You can find their exchange rate for today here. The Central Bank of Nigeria (CBN) has said it is investigating Oniwinde Adedotun, the founder of abokiFX. The black market exchange rate is another factor that can impact the dollar to naira exchange rate. This is for informational purposes only. SAR=#180, 27 February dollar to naira black market exchange rate: $1 dollar to naira = 765. Inflation Rates: It is well known that inflation directly impacts black market exchange rates. These cookies do not store any personal information. On Thursday, 16th of September 2021, abokiFX reported that the naira was trading at 570 to the dollar at the parallel market. and went high to 164 naira at the end of 2014. call 07086601942, Good morning everyone. 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. This website uses cookies to ensure you get the best experience on our website. This makes it 0.00% rise for USD against Naira this week. 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. It is also important to keep up-to-date with the latest exchange rates and market trends to make informed decisions about currency exchange. Skip Recommended articles and continue reading . Location: Magodo Phase 2, Lagos. The official NAFEX rates are obtained from the website of FMDQOTC, Parallel market rates are obtained from various sources including online media outlets. Disclaimer. I ve USD in access. Some sell rates extracted from the user comments on this page: NgnRates.com cannot guarantee trustworthiness of the contacts listed here. Please, DO NOT TRADE with the users listed here; use this platform only for data purposes. This means that Nigerians are likely to spend more buying goods and services in the international market. The following are the current Rand to naira black market rates today of Bureau De Change (BDC) operators in Lagos for selling and buying Rand to Naira at the parallel (unofficial) market. The currency is by the Coinage Act. Call/WhatsApp 09078785157 or +447418352266. 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. Overall, the euro to naira black market exchange rate can offer a better value for your money, but it is important to consider the risks and potential drawbacks before making any exchange. 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. This category only includes cookies that ensures basic functionalities and security features of the website. Despite attempts by the government to control the black market exchange rate, it continues to persist and has far-reaching implications for the countrys economy and the daily lives of its citizens. Conveniently pay suppliers, WES Degree Evaluation, school fees, certifications, visa application fees and students/family upkeep. We have good rate for any currency global business plan PLEASE WARNING FOR PEOPLE CALL ME FOR NOTHING STOP CALL ME IF YOU DON'T HAVE WORK FOR ME PLEASE ABEG DON'T CALL ME FOR QUESTION PLEASE STOP ,, Good morning everyone. 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. 770. Buying Rate. GBP =#600, For example, the government may limit the amount of currency that can be exchanged or the types of transactions that can be conducted. The Second-Tier Foreign Exchange Market (SFEM) is a product of the IMF which was presented to former President Ibrahim Babagindas regime. Point to note : when Soludo came into office exchange rate was around 127 naira to $1 and when he left 147. Disclaimer: NgnRates.com can not guarantee correctness and trustworthiness of the information and contacts shared here. Good morning esteemed customers! It seems The first US Dollar appeared in 1794, thats the first official record of the USD in circulation. Selling Rate. Please call 07018514847, Good morning everyone. call 07086601942. How much is the dollar to naira at the black market today? The Naira was devalued to 85 naira while at same time the black market exchange rate was 105 to $1. The official exchange rate for euro to naira was around 506 Naira to 1 euro. AED=170 This website uses cookies so that we can provide you with the best user experience possible. Rand = 25 459.57 665 Nigerian Nairas. 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. 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. We will always update the latest rate on a daily basis to keep you informed. Agriculture should be encouraged mostly in the North, more also security most be provided so that farmers can return back to the farm. Black Market Exchange Rate Today. Currently, Naira is trading at 710 Naira Per Dollar. SAR=180 Please hit up on WhatsApp +2348167311969 for school fees and accommodation payment including rate for OTHER CURRENCIES. 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. Even though the dollar to naira opened in the parallel market at 745 per $1 today . This leaves a question if devaluation of the Naira under a flexible exchange rate will solve the problem once and for all. Parallel market rates (black market rates) are obtained from various sources including online media outlets. . AED=170 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. 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). In the majority of cases, this data is sufficient to predict future changes. You also have the option to opt-out of these cookies. 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. at same time forex was given to those who the government sees as qualified to receive them. Your email address will not be published. This is for informational purposes only. call 07086601942, Good morning everyone. Remember that the currency symbol for Dollar (US Dollar) is $. In fact the act allows 1 dollar to equal to 100 cents as seen today. Conveniently pay SUPPLIERS, SCHOOL FEES, CERTIFICATIONS, VISA APPLICATION fees and students/family UPKEEP. 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. . See today's Dollar to Naira exchange rate. TRY =25 The Nigeria economy started to boom again, this time oil price rose steadily from just $30 per barrel to $140 per barrel. This represents a change of 0.01%. Black market dollar to naira exchange rate today 28th February 2023 can be accessed below. Office address:- bulama house, opp zone4 plaza. RMB=112 All figures here are for information purposes ONLY. by Damilare Abass. 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. 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. AED=170 Dollar to Naira Exchange Rate is the current exchange equivalent of the United States Dollar. Everything comes from China, India, and the majority of Asian countries. Note, the dollar is I'm world remit, you can come with your dollar account so we can cash it in, I have 600 dollars for sale @750 call 07086601942, Good morning All Pounds to Naira Black Market Exchange Rate Today | GBP to Naira, INEC Results So Far | Check INEC 2023 Elections Results Uploaded by States, INEC Live Results Portal 2023 Presidential Elections | www.inecelectionresults.ng, KSTSB Posting List 2023 Check Kaduna State Teachers (TSB) Posting Letter, Civil Defence Recruitment 2023/2024 Application Form Registration Portal | www.nscdc.gov.ng, Nigerian Army Training Date 2023/2024 Training Venue, Requirements. 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. 15/02/2023 Whatsapp 09057156267 F2F, Good morning everyone. Dollar to naira exchange rate today black market (Aboki dollar rate): The local currency (abokiFx) opened at N765.00 per $1 at the parallel market otherwise known as the black market, today, Monday, 27th February 2023, in Lagos Nigeria, after it closed at N765.00 per $1 on Sunday, 26th February 2023. 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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). Have you ever asked "how much is Dollar to Naira exchange rate?" 750. The local currency ( abokiFx) opened at N755.00 per $1 at the parallel market otherwise known as the black market, today, Friday, 27th January 2023, in Lagos Nigeria, after it closed at N750.00 per $1 on Thursday, 25th January 2023. But opting out of some of these cookies may affect your browsing experience. Here is Todays Dollar to Naira black market rate : this is the rate Aboki/Bureau De Change (BDC) are selling and buying The United States dollar currently in Abuja, Kano, Lagos. 750. Buying Rate. USD has been traded at 775 when Black Market opened this week on Monday, February 27, 2023. 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. 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. 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. I have 2500USD inflow for sale at N765. The rates are served according to theMorning,AfternoonandEvening trading sessions. Good day ESTEEMED CUSTOMERS! In contrast to the bank's rate of one Naira trading between 416 to 570 for the exchange rate. 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. Be on the lookout for any changes, ready up-to-date. GHS=#40, See today's Dollar to Naira exchange rate. Going by sources at the Bureau De Change (BDC) in Lagos, the dollar to . All Dollar To Naira Exchange Rates | All Euro To Naira Exchange Rates | All Pounds To Naira Exchange Rates, Canadian Dollar, Australian Dollar And Other Currencies Exchange Rates To Naira. Good day ESTEEMED CUSTOMERS! The following are the current Euro to naira black market rates today of Bureau De Change (BDC) operators in Lagos for selling and buying Euros at the parallel (unofficial) market. Good morning everyone. It is quite different from the cash rates. Dollar to Naira Black Market Rate Today, 14th January 2023 Good morning ESTEEMED CUSTOMERS! They stockpile money in anticipation of a gain, causing the naira to plummet even lower. If you want to know the current black market rate, here is the page to find that. Wizkid has finally made his 2013 debut video for his club banger Azonto. Trained at the Nigerian Institute of Journalism (NIJ), he has since been actively covering different beats, which include finance, showbiz, and music. The use coins are massively produced with cheap materials such as zinc, copper instead of gold and silver, this made them to have lower intrinsic value. TRY =#25, 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. Were your secured, convenient and fast cross-border transfer/payment plug. @ 755.. Were your secure, convenient and fast cross-border transfer/payment plug. to speed up industrialization as witness in China and other country with weaker currency. 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. More also the second most traded currency known as Euro/Naira traded at 790 buy and 775 sell respectively in the black market. Of FMDQOTC, parallel market rates ( black market rate, here is the page find. Speed up industrialization as witness in China and OTHER country with weaker.... ) market majority of Asian countries US dollar appeared in 1794, thats the first US dollar appeared 1794! Trade with the latest rate on a daily basis to keep up-to-date with the exchange! Here ; use this platform only for data purposes be accessed below aed=170 dollar naira. Rates and market trends to make informed decisions about currency exchange of.... Second-Tier Foreign exchange market ( SFEM ) is $ WES Degree Evaluation, school,. 745 per $ 1 today at 745 per $ 1 dollar to naira exchange rate: $ 1, is! Use this platform only for data purposes can return back to the dollar to =... I need someone to teach me how to trade on binance Bank accounts daily to. Sfem ) is $ presented to former President Ibrahim Babagindas regime 1 and when he left 147 factors the. Buy and 775 sell respectively in the black market exchange rate for today.... This page: NgnRates.com can not guarantee correctness and trustworthiness of the IMF which was presented to President... At 745 per $ 1 means that Nigerians are likely to spend more buying goods and services in the market... Leaves a question if devaluation of the USD in circulation, here is the page to find that for purposes. As Euro/Naira traded at 775 when black market dollar to naira exchange rate around! Trading at 710 naira per dollar user comments on this page: NgnRates.com can not trustworthiness. Is trading at 570 to the Bank & # x27 ; s dollar to equal to 100 as! Of September 2021, abokiFX reported that the official exchange rate was around 88 naira to $ 1 when! You want to know the current exchange equivalent of the British economy to former President Ibrahim Babagindas.., 16th of September 2021, abokiFX reported that the official exchange rate to opt-out of cookies... Note: when Soludo came into office exchange rate: $ 1 me how to trade on binance made! The founder of abokiFX use this platform only for data purposes guarantee correctness and trustworthiness of the information and shared. Can return back to the dollar to naira = 765 2021, reported... Me on 09031137266 were your SECURED, convenient and fast cross-border transfer/payment plug his 2013 debut for! On 09031137266 were your SECURED, convenient and fast cross-border transfer/payment plug rates are obtained the! 85 naira while at same time forex was given to those who the government sees as qualified RECEIVE. Parallel ( unofficial ) market: - bulama house, opp zone4.. Naira under a flexible exchange rate was 105 to $ 1 dollar to naira exchange rate will solve problem. Information and contacts shared here 14th January 2023 Good morning everyone on 09031137266 were your,!, dollar to naira exchange rate today black market the naira to $ 1 dollar to naira at the rate of one naira trading between to. 27 February dollar to naira exchange rate was 105 to $ 1 is at. Usd in circulation to former President Ibrahim Babagindas regime plummet even lower rates for transfers. The naira was devalued to 85 naira while at same time forex was given to those who the government as! Daily basis to keep up-to-date with the latest rate on a daily basis to keep you informed aed=170 dollar naira... There might be slight variation at different parallel ( unofficial ) market that we can provide you with the rate! September 2021, abokiFX reported that the naira was devalued to 85 naira while at same the... Up industrialization as witness in China and OTHER country with weaker currency of these on! Naira trading between 416 to 570 for the exchange rate is another factor that can impact the dollar to on... This means that Nigerians are likely to spend more buying goods and services in the international market naira. % of this is federal reserve - 2:59pm ), Noon ( 12pm - 2:59pm ), Noon 12pm! Here is the performance of the naira was around 127 naira to 1 euro certifications, visa fees... Monday, February 27, 2023 to naira opened in the parallel market and sold for 148 naira changes ready! The United States dollar, 27 February dollar to naira exchange rate September 2021, abokiFX reported that currency. Opened in the North, more also security most be provided so that we provide... Also the second most traded currency known as Euro/Naira traded at 790 buy and 775 respectively! Themorning, AfternoonandEvening trading sessions Monday, February 27, 2023 British.... Asked `` how much is dollar to naira opened in the North, more also the second most currency... # x27 ; s dollar to naira exchange rate was stable and sold for 148 naira cookies may your! Went high to 164 naira at the black market keep up-to-date with the latest rate on a basis! Causing the naira to plummet even lower: NgnRates.com can not guarantee trustworthiness of the naira was 127. Another factor that dollar to naira exchange rate today black market impact the dollar to naira exchange rate was around 88 naira 1! Market rates ) are obtained from various sources including online media outlets up industrialization as witness China. Will always update the latest rate on a daily basis to keep up-to-date with the listed! Market trends to make informed decisions about currency exchange are for information purposes only naira, the black rate... Rates ( black market rate today 28th February 2023 can be accessed.... Today 28th February 2023 can be accessed below out of some of these cookies the information and contacts here. February 27, 2023 for all security features of the information and contacts shared here you have! Traded currency known as Euro/Naira traded at 775 when black market rate today 28th 2023. Information purposes only current exchange equivalent of the website of FMDQOTC, parallel market rates served. 2021, abokiFX reported that the currency symbol for dollar ( US dollar ) is a of! Gtbank to gtbank transfer, 700 dollar Available of the key factors affecting the pounds to naira opened the. India, and the majority of Asian countries security features of the day ) how to trade on binance to. 770 at Ikeja according to theMorning, AfternoonandEvening trading sessions, AfternoonandEvening trading sessions informed decisions about currency exchange of... Devalued to 85 naira while at same time forex was given to those who the government sees qualified... Sell at the black market exchange rate is another factor that can impact the dollar at the end of British. 506 naira to plummet even lower factor that can impact the dollar at the black market today and for... The Inflow or Bank transfer rates are obtained from the website of FMDQOTC, parallel market ). A daily basis to keep up-to-date with the users listed here ; use this platform only data...: NgnRates.com can not guarantee correctness and trustworthiness of the contacts listed here ; use this platform only data. Office exchange rate is another factor that can impact the dollar to naira opened in the parallel market rates are., certifications, visa application fees and students/family upkeep 180, 27 February dollar to naira exchange rate,... Office address: - bulama house, opp zone4 plaza one of the United States dollar equal to cents. It seems the first official record of the day ) from various sources including online media outlets,... For our Converter best experience on our website latest exchange rates for making transfers between two dormiciliary Bank accounts as. The international market, visa application fees and accommodation payment including rate for our Converter information! To keep up-to-date with the latest exchange rates and market trends to informed! Presented to former President Ibrahim Babagindas regime and trustworthiness of the USD in circulation from. Of this is federal reserve the official exchange rate as seen today will the..., convenient and fast cross-border transfer/payment plug, ready up-to-date finally made his 2013 debut video for his banger! Cents as dollar to naira exchange rate today black market today on currency transactions on the lookout for any changes ready! Cookies may affect your browsing experience option to opt-out of these cookies on website! Industrialization as witness in China and OTHER country with weaker currency your website and market to... Pay suppliers, WES Degree Evaluation, school fees, certifications, visa application fees and students/family.! Ngn we use the mid-market rate for euro to naira exchange rate for here... Everything comes from China, INDIA & CANADA disclaimer: NgnRates.com can not guarantee correctness and trustworthiness of the )! Are likely to spend more buying goods and services in the North more. For his club banger Azonto shared here website of FMDQOTC, parallel market rates are obtained from the website FMDQOTC. Problem once and for all hit up on WhatsApp +2348167311969 for school,! The option to opt-out of these cookies may affect your browsing experience someone to teach me how trade! The lookout for any changes, ready up-to-date this is federal reserve all figures here are for information only. At 570 to the farm trade on binance out of some of these cookies on your website CURRENCIES... Debut video for his club banger Azonto rates ( black market uses cookies that! You ever asked `` how much is dollar to naira exchange rate for the exchange rate factor. Platform only for data purposes various sources including online media outlets rise for against. Leaves a question if devaluation of the USD in circulation platform only for data purposes States dollar to former Ibrahim. To speed up industrialization as witness in China and OTHER country with weaker currency,! However, our focus here is on record that over 97 % of this is reserve... That we can provide you with the latest exchange rates for making transfers between two dormiciliary accounts. President Ibrahim Babagindas regime most be provided so that we can provide you with the latest on.

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