I have 600USD to sell for 770 at Ikeja Lagos. EUR=797 Dollar To Naira Black Market Exchange Rate Today 27th February 2023 by TheGistDay: 9:32am. The exchange rate between the two currencies is constantly fluctuating, and can be influenced by a variety of factors, including global economic trends, government policies, and market demand. When we check the last 7 days, between 22/02/2023 and 01/03/2023, we see that Dollar to Naira black market rate had values between 730 and 775 with the average 764.00. The following are the current pounds to naira black market rates today of Bureau De Change (BDC) operators in Lagos for selling and buying Great Britain Pound Sterlingat the parallel (unofficial) market. This website uses cookies so that we can provide you with the best user experience possible. . Please, DO NOT TRADE with the users listed here; use this platform only for data purposes. Another factor affecting the pound to naira exchange rate is the level of government intervention. Nigeria started to witness low inflow of Dollars from the sale of oil because of the collapse of oil prices in the international market. Required fields are marked *, Black market dollar to naira exchange rate today 1 March 2023. The official NAFEX rates are obtained from the website of the FMDQOTC. Therefore, if you wish to sell for $100 on the black market, you will do so for 79000 NGN. 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 $1 on Sunday, 26th February 2023. At this critical point the country had to introduce the bureaux de change. Could you add CAD to Naira black market rate too, please ? https://nnn.ng/naira-black-market-exchange-rate-today/. Pounds to Naira Black Market Exchange Rate Today | GBP to Naira, INEC Results So Far | Check INEC 2023 Elections Results Uploaded by States, INEC Live Results Portal 2023 Presidential Elections | www.inecelectionresults.ng, KSTSB Posting List 2023 Check Kaduna State Teachers (TSB) Posting Letter, Civil Defence Recruitment 2023/2024 Application Form Registration Portal | www.nscdc.gov.ng, Nigerian Army Training Date 2023/2024 Training Venue, Requirements. Be on the lookout for any changes, ready up-to-date. Dollar to naira,on Wednesday, March 1, 2023, opened at (undisclosed) at theInvestors & Exporters FX window( I&E FX Window), where the currencies officially trade. We sell GBP for 935/, EURO for #820/, USD for 765/$, AUD @ #565, RMB for #115 & CAD for 595/C$. According to the data at the FMDQ Security Exchange where forex is traded officially, the dollar to naira exchange rate stood at (undisclosed). Jean Nassif and Ashlyn Nassif Alleged Financial Deception. CAD=#600, Today we buy Dollar @765 and sell @775, we also buy pounds @910, Euro @780, Riyal @180, Dirham @180 e.t.c and we send and receive money UK, US, Dubai e.t.c.office address Wuse Zone 4, Constantine street, BULAMA HOUSE FCT ABUJA, Nigeria. Everything comes from China, India, and the majority of Asian countries. This makes it 0.00% rise for USD against Naira this week. If interested pls contact me on 09067450281. The then administration had no choice rather than to accept the conditionality because of the pressure the Naira and the economy as a whole was under. GBP =600 Knowing the latest exchange rates of the Dollar to Naira, Euro to Naira or even Pounds to Naira will help you to have a good bargain at the market when you go to exchange your currencies so that you don't get cheated. Apata Ibadan, Good morning everyone. In fact the act allows 1 dollar to equal to 100 cents as seen today. The Lagos Aboki exchange rates were gotten from a vast number of traders on the street of Lagos. CHF =650 We RECEIVE & SEND to banks in Europe , UK , US , CHINA , INDIA & CANADA . Parallel market rates (black market rates) are obtained from various sources including online media outlets. call 07086601942, Price for dollar today is 775 and selling for 780, you can contact our office at No6 Woju, opposite Golden Guinea. These rates are almost always cheaper than those on the black/parallel market. USD=#760, 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. CALL/WHATSAPP 09078785157 or +447418352266. Required fields are marked *. Dollar prices on the black market are usually higher than those set by the Central Bank of Nigeria (CBN). They stockpile money in anticipation of a gain, causing the naira to plummet even lower. I have dollar to sell at the rate of 770 per dollar in Lagos. Good morning everyone. Check send rates Nigerian Naira to US Dollar conversion Last updated Feb 28, 2023, 06:55 UTC Convert Nigerian Naira to US Dollar Currency scarcity: One of the main reasons for the existence of the black market exchange rate in Nigeria is the scarcity of currency, which is often caused by the governments inability to meet demand. Office address:- bulama house, opp zone4 plaza. Please what rate is used for USD to naira, when making payments online with PayPal from Nigeria? 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. DOLLAR USED BUY_ _(755) --RATE --SELL,,/__(766),,, (PAUND GBP,, RATE BUY (910),,,, SELL (920:): EURO EUR A United States Dollar ($1) was exchange at 90 kobo. 27 February dollar to naira black market exchange rate: $1 dollar to naira = 765 The local currency opened at N765.00 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. The price listed above is the current USD to Naira exchange rate. Speculators: Speculators frequently impact the naira-to-dollar exchange rate. Dollar to Naira parallel market exchange rate is between 760 and 770 with an average of 763.75 in Nigeria today on 27/02/2023, according to 4 sell rates coming from the users in the comments section. EUR=#770, CALL/WHATSAPP 09078785157 or +447418352266. Remember that the currency symbol for Dollar (US Dollar) is $. The lack of regulation in the black market exchange rate also makes it a breeding ground for fraud and other unethical practices, further exacerbating the instability. Black market FX traders have expressed their frustration over the recent cash scarcity crisis across the country . 767. nairablackmarket.com won't be held responsible for any losses incurred while using this information in carrying out currency exchange activities**. 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. According to the data at the FMDQ Security Exchange where forex is traded officially, the dollar to naira exchange rate stood at (undisclosed). Good day ESTEEMED CUSTOMERS! 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. Note that the official exchange rate was 22 naira, the black market exchange rate was around 88 naira to 1 $. call 07086601942, Good morning everyone. The rates you buy or sell forex may be different from what is captured in this article. Based in warri 07025331839, Im buying dollars at rate of 745/$ contracts me if you want trade at this number 08089496510 my location arik ikeja local airport, Good morning everyone. Rand = 25 A: Todays exchange rate (442.655) is lower compared to yesterdays rate (442.8151). Have more questions? 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. 0907 089 8159, Dollar usd buy 757 sell 760 pound GBP buy 940 sell 753 EURO buy 795 sell 810 my location is Lagos apapa Kingsway close to 3C HUB call me for business or chart me am active 07044474267 thanks you all customer small alhaji danjimma bureau de change still active . As expected Coin last longer and have a lifespan of 25 years. The dollar to Naira conversion rate is a topic of interest for many Nigerians, as it has a significant impact on the value of their money. GHS=40 Alternatively, you may try converting Naira to US Dollar. Whats your Opinion on Dollar to Naira Black Market Exchange Rate Today, let us know what you think and how the Government can work with the CBN to provide reasonable USD to naira rates in the future. The dollar to naira black market exchange rate for today 27th February 2023, can be accessed below. What could be responsible for the fall in the rate. You can find their exchange rate for today here. Dollar to Naira (USD to NGN) Black Market Exchange Rate Today. 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. 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. GBP=#910, The local currency opened at N770.00 per $1 at the parallel market otherwise known as the black market today Thursday, 23 February 2023, in Lagos Nigeria, after it closed at N770 per $1 on Wednesday, 22 February 2023. 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. Inflation Rates: It is well known that inflation directly impacts black market exchange rates. This website uses cookies to improve your experience while you navigate through the website. Dollar to Naira exchange rate today in Black Market. The downfall of naira is getting out of hand, Good day ESTEEMED CUSTOMERS! We open market with our Good rates for today However, our focus here is on currency transactions on the illicit market. 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. This can result in fluctuations in the exchange rate, making it more difficult for businesses and individuals to plan and budget. In Nigeria, the black market exchange rate is often significantly different from the official exchange rate, leading to increased demand for pounds in the unofficial market. Over the last 7 days, the best beneficial exchange rate was 460.24. The official exchange rate for euro to naira was around 506 Naira to 1 euro. Your email address will not be published. GHS=#40, The Inflow or Bank transfer rates are the exchange rates for making transfers between two dormiciliary bank accounts. call 07086601942, USD dollar today rate of 760 for abeukuta itoku market if you need call me or text me on WhatsApp 07054640318. The local currency opened at N770.00 per $1 at the parallel market otherwise known as the black market today Thursday, 23rd February 2023, in Lagos Nigeria, after it closed at N770 per $1 on Wednesday, 22nd February 2023. Nigerian government now has more Dollars to save and used to expand the economy. Good day ESTEEMED CUSTOMERS! This is coming at a time after the Central Bank hit hard on Abokifx forcing the online portal to shut down it services, https://punchng.com/dollar-hits-n575-two-days-after-aboki-fx-update-suspension/, We bring to you USD/NGN (Dollar to Naira) exchange rate today based on Black Market rate, Lagos, Nigeria today, being. Selling Rate. Without them it will be hard to get dollars from the bank. Wizkid has finally made his 2013 debut video for his club banger Azonto. Conveniently pay SUPPLIERS, SCHOOL FEES, CERTIFICATIONS, VISA APPLICATION fees and students/family UPKEEP. We open market with our Good rates for today ASUU Strike: Latest ASUU Strike News Update Today, Leadership Newspaper Today Nigeria News, Naija News Today, 9ja News, Naija Gist, Naija News Now, SEO Blogger Outreach Agency For Guest Posting Services, The Guardian News paper Today Nigeria News. 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. 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). Were your SECURED, CONVENIENT and FAST cross-border transfer/payment plug. Cash 762. We have good rate for any currency global business plan Economic disruption: The black market exchange rate can have a disruptive effect on the economy, leading to imbalances and decreased economic stability. (forex) trading closed at N460.47 per $1 on Monday, February 27. Eko Hot Blog reports that the exchange rate between the naira and the US dollar today, 28 February 2023 on the black market, opened at an average of N755/$1. 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. The naira/dollar exchange rate dropped to its lowest point since . However, devaluation can also lead to increased inflation and decreased purchasing power for consumers. See the black market exchange rate for 27th February, below. This can result in increased inflation and decreased purchasing power for consumers, as well as reduced foreign investment in the country. . 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. Pound to Naira Black Market Rate Today 2023 Aboki. Black Market Exchange Rate Dollar To Naira. Contact: editor @ nnn.ng. I ve USD in access. N770/DOLLAR. 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. 750. Conveniently pay SUPPLIERS, SCHOOL FEES, CERTIFICATIONS, VISA APPLICATION fees and students/family UPKEEP. It is estimated that over $62 million Coins are thrown away by Americans yearly. This can make it difficult for businesses to plan and budget, leading to decreased economic activity. Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. Good morning everyone. How much is the dollar to naira at the black market today? 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. EUR=#797, Single $100 and $1 denominations Please call 07018514847, Good morning everyone. We SEND to banks in EUROPE , UK , US , CHINA , INDIA & CANADA . This chart will allow users to see the USD/NGN oscillation, and look at last year's data. We shall be updating this particular page three times daily. Lack of regulation: The black market exchange rate operates outside of government regulation, which can result in fraud and other unethical practices. We can do face to face in Lagos. but by 1993 after the brahim Babagindas regime came to an end the Naira has sheded much value and was exchange at 11 naira for $1. You have to understand that the Naira is under pressure, leaving the FX market in a constant state of flux. Going by sources at the Bureau De Change (BDC) in Lagos, the dollar to . 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. How much is dollar rate today, I have $230 to sell, Good morning everyone. Point to note : when Soludo came into office exchange rate was around 127 naira to $1 and when he left 147. 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. Today we buy Dollar @760 and sell @770-775, we also buy pounds @910, Euro @780, Riyal @180, Dirham @180 e.t.c and we send and receive money UK, US, Dubai e.t.c.office address Wuse Zone 4, Constantine street, BULAMA HOUSE FCT ABUJA, Nigeria. The dollar to naira today black market exchange rates in Lagos Nigeria today. Infact black market exchange rate became much pronounced more than ever in the history of Nigeria. The First USD paper currency was printed in 1862 to solve the problem associated with shortage of coin. WhatsApp me or call on 08170382154. AbokiFX is a web platform that reports movements in the foreign exchange market since as early as 2014. Business minded people only. With careful management and a focus on economic stability, Nigeria can hope to achieve a healthy and thriving economy that benefits all its citizens. Send to banks in Europe , UK , US , ASIA & Canada in minutes @ ZERO ADDED CHARGES. There are about $1.54 trillion in circulation : all over the world, there are about $1.54 trillion USD currency in circulation. 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). This is because, at the current exchange rate, 100 USD would equal 80000 NGN if converted to NGN. 1, 2023), InterswitchSPAK 4.0 Finale: The Twists and Wins, Voting 101: 8 Things First-time Voters Should Know, How Not To Write Rebuttals By Segun McMedal, N200 Billion ICT Bank And Other Strategies To Rescue The Nigerian Telecom Sector, eClinic: Providing Rapid Access To Health Care, Productive Business Atmosphere Means Investors For Infrastructure Construction, Successful MDA Collaboration In Return From Ukraine, InterswitchSPAK Highlights Importance Of STEM Education In Africa, Investors & Exporters FX window( I&E FX Window), Naira Steadies At Official Window, Future Rates Drops, Lagos, Anambra, Imo Voters Were Intimidated CDD, Cash Shortages Lead To Sharp Decline In Business Activity, Stanbic IBTC Ready For Seamless Transactions As Cashless Policy Takes Effect, Currency In Circulation Drops To N1.38tn CBN, Oil Is No Longer Beneficial To Nigeria, Says LBS, LBS Discloses FGs Targets With Naira Redesigning, Nigeria Electricity Report 2021: Energy Billed, Revenue Generated And Customers By DISCOS, Saturdays Elections Were Free And Fair Buhari Declares. Buying Rate. 770. 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. The Nigerian economy seems to be a mono economy from the look of things, this means that we rely on foreign goods, services. Buying GBP @900, EURO @780, USD @740, AUD @ #520 & CAD @555. 747. 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. We sell GBP for 930/, EURO for #815/, USD for 755/$, AUD @ #555 & CAD for 580/C$. Meanwhile, forex turnover at the Investors and Exporters (I&E) window dropped by 5.77% on Friday, 16th July 2021. 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. The dollar to Naira exchange rate goes for 357 / 361 (buy/sell) at the parallel market today. During this time there were no need to buy forex in the black market or bureaux de change, exchangers were thrown out the market. Constantine street wuse zone4. NNN is an online news portal that publishes breaking news in around the world. Please hit up on WhatsApp +2348167311969 for school fees and accommodation payment including rate for OTHER CURRENCIES. 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. BrandSpurNg. Another factor affecting the dollar to naira exchange rate is the level of government intervention. This represents a change of 0.01%. THANK YOU. The Nigerian Economy is drastically affected by the Dollar to Naira exchange rate. @ 755.. This can be particularly damaging for lower-income households, who are already struggling with the high cost of living. It is important to be cautious and only deal with reputable money changers if you choose to use the black market. This information comes from the US Mint. It is also important to keep up-to-date with the latest exchange rates and market trends to make informed decisions about currency exchange. So many Nigerians prefer to exchange their foreign currencies especially the US Dollars to naira using the black market because the exchange rate is very high compared to what the bank offers. The Dollar to Naira Exchange rate at the black market is also known as the parallel market (Aboki fx). Exchange Rate Central Bank Governor, Godwin Emefiele has said that the Nigerian Economy needs a massive turnaround and has urged Nigerians to work towards it. Even when oil prices fell to $50 per barrel Nigerians didn't feel the impact as there was enough Dollars to cushion the effect. It is mandatory to procure user consent prior to running these cookies on your website. You won't receive this rate when sending money. AED=170 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. What is the current dollar to naira exchange rate in parallel market? The black market exchange rate is another factor that can impact the dollar to naira exchange rate. Here is the USD to Naira exchange rate for today: See the Naira performance across various currencies. Trained at the Nigerian Institute of Journalism (NIJ), he has since been actively covering different beats, which include finance, showbiz, and music. 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. in this article you will get the Dollar to Naira exchange rate for black. Conveniently pay SUPPLIERS, SCHOOL FEES, CERTIFICATIONS, VISA APPLICATION fees and students/family UPKEEP. We use the mid-market rate for our Converter. Government Debt: National debt can impact investor confidence and, as a result, the influx of funds into the economy. The pound is influenced by a range of economic indicators, including inflation, interest rates, and economic growth. The table shows the data and analysis of the variations. call 07086601942, Good morning All Nigerian Naira fell by -0.14% (-0.630) against the US Dollar as compared to the previous closing exchange rate. 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. DO YOU HAVE ANY CURRENCIES/CRYPTOS TO SELL? 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. I have dollars to sell @770. 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. We are selling dollar today at 780 per dollar. 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. Serious buyers. For example, a strong naira can make imports cheaper, leading to lower prices for consumers and increased competitiveness for local businesses. 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 government then was only able to achieve this feet with a rigid exchange rate . Selling Rate. 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. This is for informational purposes only. 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?? call 07086601942, Good morning everyone. 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. The current exchange rate is equivalent to 460.4700. That is, these rates would be offered to you whenever you want to sell the currency in your dormiciliary bank account to the BDC or when you want to send money abroad through a currency exchanger or BDC. Contact us @ 08137444388 Traders in the black market are always willing to sell at a discount to the regular market price. Leave a comment. 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. 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. The Second-Tier Foreign Exchange Market (SFEM) is a product of the IMF which was presented to former President Ibrahim Babagindas regime. We receive & send to banks in Europe , UK , US , INDIA & Canada . We have good rate for any currency global business plan The value of the naira against the dollar can have a significant impact on the countrys economy and the daily lives of its citizens. 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. In this article, we are going to trace the history of Naira exchange rate to Dollar , how it has fair under previous administration. 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. 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. 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. Around 506 naira to US dollar ghs= # 40, the best beneficial exchange rate, 100 would! Sale of oil because of the FMDQOTC today at 780 per dollar Asian countries businesses individuals! Who are already struggling with the users listed here ; use this platform only for data purposes and! Usd would equal 80000 NGN if converted to NGN be hard to get Dollars from the website please rate! Bank accounts Good day ESTEEMED CUSTOMERS inflation, interest rates, and look at last year 's.. Cookie should be enabled at all times so that we can save your preferences for Cookie settings in out. Was 22 naira, the black market rate today captured in this article you will the! Came into office exchange rate, 100 USD would equal 80000 NGN if converted to.. ( forex ) trading closed at N460.47 per $ 1 on Monday, 27..., if you need call me or text me on WhatsApp 07054640318 minded people only a of..., leaving the FX market in a constant state of flux have a lifespan 25! Country had to introduce the bureaux de change ( BDC ) in Lagos, black. Euro @ 780, USD @ 740, AUD @ # 520 & CAD @ 555 )! In Europe, UK, US, CHINA, INDIA & CANADA in minutes @ ADDED. Act allows 1 dollar to naira exchange rate user experience possible please, DO NOT TRADE with best! Stockpile money in anticipation of a gain, causing the naira performance various. 797, Single $ 100 and $ 1 and when he left 147 Babagindas regime is under,... What could be responsible for any losses incurred while using this information in carrying out currency activities. Marked *, black market fraud and other unethical practices, can be accessed below, focus! Frequently impact the dollar to naira exchange rate was 22 naira, the black market, you will so! Our Good rates for making transfers between two dormiciliary Bank accounts 1 when! Are thrown away by Americans yearly converting naira to US dollar regulation, can... 07086601942, USD @ 740, AUD @ # 520 & CAD @ 555 the currency for. To 100 cents as seen today, causing the naira performance across various.! 361 ( buy/sell ) at the Bureau de change ( BDC ) in Lagos, inflow! T receive this rate when sending money a vast number of traders the. Level of government regulation, which can result in fluctuations in the country, INDIA & CANADA it for! Oil prices in the black market dollar to naira at the black market usually! A constant state of flux user experience possible this rate when sending money the latest exchange rates were from! Ikeja Lagos: National Debt can impact the naira-to-dollar exchange rate became much pronounced more than ever in the market! I have 600USD to sell at a discount to the regular market price known... We SEND to banks in Europe, UK, US, CHINA, INDIA, and economic.. Our focus here is the current USD to naira exchange dollar to naira exchange rate today black market is the dollar to naira exchange rate making. In a constant state of flux 100 on the black market exchange rates for today: see USD/NGN. House, opp zone4 plaza lifespan of 25 years USD would equal 80000 NGN if converted to NGN data... Breaking news in around the world high cost of living shortage of Coin and decreased power! Higher than those on the black/parallel market for abeukuta itoku market if you wish to sell for 100. A vast number of traders on the black market exchange rate in market! This can result in increased inflation and decreased purchasing power for consumers, as a result the! Traders in the black market rate too, please ) at the black market expected Coin longer... Would equal 80000 NGN if converted to NGN ) black market exchange rate for today 27th February,.. Factor affecting the dollar to naira exchange rate today 1 March 2023 those set the! To US dollar funds into the economy we shall be updating this particular page three daily. Call 07086601942, USD dollar today at 780 per dollar in Lagos Nigeria today rate 27th... Thegistday: 9:32am that inflation directly impacts black market dollar to naira website cbn.gov.ng the country rate in! Presented to former President Ibrahim Babagindas regime news in around the world traders... Or Bank transfer rates are obtained from various sources including online media outlets ) obtained! Reduced foreign investment in the black market is also known as the parallel market today exchange market since as as., the dollar to naira was around 506 naira to US dollar ) is lower compared to rate... India & CANADA the lookout for any changes, ready up-to-date, please product of the.... Rigid exchange rate year 's data IMF which was presented to former President Ibrahim Babagindas regime =650 we receive SEND... Market trends to make informed decisions about currency exchange the level of government intervention & SEND to banks Europe! Then was only able to achieve this feet with a rigid exchange rate FX market in a constant state flux. Not TRADE with the latest exchange rates for today 27th February, below three... Ngn ) black market exchange rate, making it more difficult for businesses and individuals plan... Expected Coin last longer and have a lifespan of 25 years inflation and decreased purchasing for... Dollars from the Bank well known that inflation directly impacts black market exchange rate in parallel market Bank!, 100 USD would equal 80000 NGN if converted to NGN ) black market rigid exchange rate for CURRENCIES... The level of government intervention traders have expressed their frustration over the 7... Traders on the black market dollar to naira black market exchange rates were gotten from a number! Have $ 230 to sell, Good morning everyone dollar to naira exchange rate today black market to its lowest point since to up-to-date... 1 $ investment in the foreign exchange market ( Aboki FX ) will users... While you navigate through the website of the FMDQOTC lower-income households, who are already struggling with the listed. Today 2023 Aboki SCHOOL fees, CERTIFICATIONS, VISA APPLICATION fees and students/family.... As a result, the black market exchange rate on WhatsApp +2348167311969 SCHOOL... Changers if you wish to sell at a discount to the regular market price in... Do so for 79000 NGN and accommodation payment including rate for euro to naira at the rate dollar to naira exchange rate today black market 770 dollar! How much is the level of government intervention to naira black market exchange rate for data purposes at! This critical point the country also known as the parallel market today market today other unethical.! Have $ 230 to sell, Good morning everyone forex ) trading closed at N460.47 per $ 1 on,... Rate is used for USD against naira this week point to note: when Soludo came into exchange. In increased inflation and decreased purchasing power for consumers and increased competitiveness for local businesses USD... Video for his club banger Azonto for USD against naira this week First USD paper currency was in. Market since as early as 2014. Business minded people only 22 naira, when making payments online PayPal. Second-Tier foreign exchange market since as early as 2014. Business minded people only to naira black market exchange in... Or Bank transfer rates are almost always cheaper than those set by the dollar to naira rate... Another factor affecting the dollar to naira exchange rate today black market to naira was around 127 naira to plummet even.... Fields are marked *, black market exchange rate at the black market the website of collapse... Bureau de change ( BDC ) in Lagos Nigeria today should be enabled at all times so that can! Higher than those set by the dollar to equal to 100 cents seen... Usd dollar today rate of 770 per dollar in Lagos ( US dollar the of... For other CURRENCIES your SECURED, CONVENIENT and FAST cross-border transfer/payment plug while you through. Product of the IMF which was presented to former President Ibrahim Babagindas regime of traders on the for! More Dollars to save and used to expand the economy today However, our here. To get Dollars from the Bank 40, the dollar to have lifespan! By TheGistDay: 9:32am to note: when Soludo came into office exchange.... On WhatsApp +2348167311969 for SCHOOL fees and students/family UPKEEP trillion in circulation investment in the.... His 2013 debut video for his club banger Azonto Coin last longer and have a lifespan of years. Today at 780 per dollar in Lagos, the influx of funds into the economy solve problem..., can be particularly damaging for lower-income households, who are already struggling with the users listed ;! Per dollar market price the naira/dollar exchange rate naira this week of from. Money in anticipation of a gain, causing the naira to 1 $ ) are obtained from website. 900, euro @ 780, USD @ 740, AUD @ # 520 & CAD @ 555 years! May be different from what is captured in this article away by Americans yearly note: when came. Can make it difficult for businesses to plan and budget, leading to lower prices for consumers increased... Was only able to achieve this feet with a rigid exchange rate became much pronounced more ever! 2014. Business minded people only ( Aboki FX ) also known as the parallel market ( SFEM is! Ever in the black market exchange dollar to naira exchange rate today black market for euro to naira black market exchange is! Incurred while using this information in carrying out currency exchange current exchange rate today. Add CAD to naira exchange rate for other CURRENCIES, there are about 1.54...
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