dollar to naira exchange rate today black market

Serious buyers. There might be slight variation at different parallel (unofficial) market. You cant predict what the market will turn out to be but we are trying our best to track what rate the USD/Naira are traded on daily basis. Whatsapp 09057156267 F2F, Good morning everyone. The Nigerian Economy is drastically affected by the Dollar to Naira exchange rate. You change your USD to naira at these rate or convert dollar to naira at the latest black market rate or parallel market. 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. Please call 07018514847. RETURN TO HOMEPAGE TO SELL IT TO BUYERS NEAR YOU, **Please note, all the exchange rates published on this site are for information purposes. 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. Skip Recommended articles and continue reading . 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. TRY =25 Addressing these challenges requires a combination of government intervention, increased economic stability, and increased confidence in the official exchange rate system. 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. Please note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market), as it has directed individuals who . call 07086601942, Good day everyone. However, devaluation can also lead to increased inflation and decreased purchasing power for consumers. Dollar to Naira Exchange Rate is the current exchange equivalent of the United States Dollar. More copper are being used to produce the coins as opposed copper. We can do face to face in Lagos. We RECEIVE & SEND to banks in Europe , UK , US , CHINA , INDIA & CANADA . However, our focus here is on currency transactions on the illicit market. Location: Magodo Phase 2, Lagos. 1 USD 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 official, rates are obtained from the website of the. EGP =#25, We open market with our Good rates for today 745. Your email address will not be published. Contact us @ 08137444388 There might be slight variation at different parallel (unofficial) market. Conveniently pay SUPPLIERS, SCHOOL FEES, CERTIFICATIONS, VISA APPLICATION fees and students/family UPKEEP. Even when oil prices fell to $50 per barrel Nigerians didn't feel the impact as there was enough Dollars to cushion the effect. During this time there were no need to buy forex in the black market or bureaux de change, exchangers were thrown out the market. This website uses cookies to ensure you get the best experience on our website. imagine 1dollar trading at #585. I have 2000 Dollars for sale @770, if you are interested, you call 07062228504. Aboki fx dollar to naira exchange rate has also been added here so you can easily verify each of the rate for the currencies you want to exchange in the parallel markets. The rates you buy or sell forex may be different from what is captured in this article. Speculators: Speculators frequently impact the naira-to-dollar exchange rate. Contact us @ 08137444388 Feb 28, 2023. in Business & Economy. 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 he quickly introduced the Interbank Foreign Exchange Market (IFEM) which aim was to narrow the gap between the official exchange rate and the black exchange rate. We receive & send to banks in Europe , UK , US , INDIA & Canada . GHS=#40, As Naira is falling, inflation takes over the economy which usually affects the citizens. However, there are risks associated with using the black market, including the possibility of being scammed or receiving counterfeit currency. The First USD paper currency was printed in 1862 to solve the problem associated with shortage of coin. 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. 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. Good morning everyone. We have good rate for any currency global business plan Good morning. XAF=1000 Good day everyone. The Dollar to Naira Exchange rate at the black market is also known as the parallel market (Aboki fx). AbokiFX is a web platform that reports movements in the foreign exchange market since as early as 2014. 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 Nigeria parallel market (black market dollar exchange rate today) to the Nigerian Naira is as follows: For the Lagos market (black market). 757. call 07086601942, Good morning All WhatsApp 08066931689. Were your SECURED, CONVENIENT and FAST cross-border transfer/payment plug. What could be responsible for the fall in the rate. 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. 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. Good morning esteemed customers! Leave a comment. This would mean that the Nigerian currency either gained or dropped in value against the United States dollar, astheforeign exchange (forex)trading closed atN460.47 per $1 on Monday, February 27. Dollar To Naira Exchange Rate Today Black Market, Dollar To Naira Today Black Market Rate Conversion. The government may choose to devalue the naira in order to increase competitiveness and stimulate economic growth. This can be particularly damaging for lower-income households, who are already struggling with the high cost of living. While the official exchange rate is set by the CBN, the black market rate is often higher and is determined by supply and demand on the streets. Location: Magodo Phase 2, Lagos. Black Market Exchange Rate Dollar To Naira. Dollar to Naira Black Market Rate Today, 14th January 2023 We sell GBP 935/, EURO #820/, USD 770/$, AUD #570 & CAD 590/C$. Wizkid has finally made his 2013 debut video for his club banger Azonto. One of the key factors affecting the dollar to naira exchange rate is the price of oil, which is Nigerias primary export. It also includes the euro to pounds exchange rates, euro to yen exchange rates, and euro to naira exchange rates among others. 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. 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. CHF =650 An exchange rate of N412.76/$1 was the highest rate recorded during intra-day trading before it settled at N410.38/$1, while it sold for as low as N400/$1 during intra-day trading. This means that Nigerians are likely to spend more buying goods and services in the international market. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. call 07086601942, Good morning everyone. Dollar to Naira (USD to NGN) Black Market Exchange Rate Today Buying Rate 689.23 Selling Rate 706.54 In the parallel market, where the currency is freely traded, the naira weakened to 691.13 from 689.23 The exchange rate of the peer-to-peer FX cryptocurrency market was also down 0.22% on Wednesday morning. Nigerian government now has more Dollars to save and used to expand the economy. The following are the dollar to naira current black market rate today of Bureau De Change (BDC) operators in Lagos for selling and buying United States Dollars (USD) at the parallel (unofficial) market. Rand = #25 These cookies will be stored in your browser only with your consent. Exchange Rate of Dollar To Naira in Black Market Today? This leaves a question if devaluation of the Naira under a flexible exchange rate will solve the problem once and for all. A: 50 Dollars buys 22132.75 Nigerian Naira at interbank exchange rates. BrandSpurNg. Agriculture should be encouraged mostly in the North, more also security most be provided so that farmers can return back to the farm. XAF=#1000, TRY =25 How much is the Dollar to Naira Exchange rate at the black market and aboki fx today, 14th November 2022? The following are the current Rand to naira black market rates today of Bureau De Change (BDC) operators in Lagos for selling and buying Rand to Naira at the parallel (unofficial) market. . We sell GBP for 935/, EURO for #820/, USD for 760/$, AUD @ #560, RMB for #115 & CAD for 590/C$. Alternatively, you may try converting Naira to US Dollar. 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. 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. I have dollars to sell @770. A correspondent, who visited the ever-busy Wuse Zone 4 which is the hub of bureau de change operators in Abuja, observed that the dollar was sold for 754 as opposed to the 757 it was sold for previous. As at today with USD being traded at 757 we see a % for United States Dollar to Naira exchange rate for last month. Point to note : when Soludo came into office exchange rate was around 127 naira to $1 and when he left 147. We are using cookies to give you the best experience on our website. Buy $1 . Location ABA. call 0903131754. GBP =#600, In an effort to control the black market exchange rate, the government may impose restrictions on currency exchange, leading to further economic disruption. Though the exchange rate fluctuates all the time. The exchange rate between the Naira to US dollar, according to the data posted on the FMDQ Security Exchange where forex is officially traded showed that the naira opened at 414.69 per dollar Today Tuesday, 31 May 2022, after the dollar to naira yesterday - Monday, May 30, 2022, closed at 415.69 per $1. 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. call 07086601942, Good morning everyone. Location: Magodo Phase 2, Lagos. But in reality, di buying rate of di dollar to di naira na N680 and di selling rate na about N710 for black market [dis figure fit don change]. The following are the euro to dollar exchange rates today. According to the data at theFMDQSecurity Exchange where forex is traded officially, the dollar to naira exchange rate stood at (undisclosed). The downfall of naira is getting out of hand, 767. Reports on social media claim that Adedotun is being investigated for foreign exchange rate manipulation, but another source within the bank said he could not confirm the rumors. Addressing this challenge requires a combination of government intervention, increased economic stability, and increased confidence in the official exchange rate system. GBP =600 We have good rate for any currency global business plan Note: The tables above show the top three most traded currencies exchange rates as at today. RMB=#112, At this rate, per the most recent black market exchange rate, $100 today would be equivalent to 80000 NGN in Lagos, Nigeria. Conveniently pay suppliers, school fees, certifications, visa application fees and students/family upkeep. Even though the dollar to naira opened in the parallel market at 745 per $1 today . Dollar to Naira (USD to NGN) Black Market Exchange Rate Today. One should note that at this time Nigeria was struggling to clear its foreign debt; debt servicing alone was taking a toll on the economy. The fluctuating price of oil can lead to changes in the value of the naira, particularly in times of low oil prices. The local currency opened atN765.00 per $1 at the parallel market otherwise known as the black market today Monday, 27 February 2023, in Lagos Nigeria, after it closed at N765 per $1 on Sunday, 26 February 2023. Admin As expected Coin last longer and have a lifespan of 25 years. DO YOU HAVE ANY CURRENCIES/CRYPTOS TO SELL? 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. The apex bank is said to be investigating seven accounts belonging to Adedotun and abokiFX, vetting every forex transaction from 2019 to 2021. 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. 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. Were your secured, convenient and fast cross-border transfer/payment plug. It means thatyou can buy or sell 1 dollar at 761 and 765, and the price can change (high or low) within hours. 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. The higher exchange rates in the black market often result in inflated prices for imported goods, leading to increased inflation and a decrease in purchasing power for consumers. The current exchange rate is equivalent to 459.5000. Currency dealers in Abuja Zone 4 market, Nigeria said a dollar were bought at 757 and sold at 754 today , as against 762 it traded yesterday . 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. Good morning everyone. The most trusted platform to get the live exchange rates. USD has been traded at 775 when Black Market opened this week on Monday, February 27, 2023. The rates are served according to theMorning,AfternoonandEvening trading sessions. Try NgnRates Forum! Please note that oil price under Sani Abacha regime was hovering around $20 per barrel and Nigeria was faced with numerous economic problems and some level of economic sanctions by the West leaving the government with little amount of dollars to go round the economy. According to the data at the FMDQ Security Exchange where forex is traded officially, the dollar to naira exchange rate stood at (undisclosed). Have more questions? As you can see from the above table, we got the rates from Lagos Abokis, Forex brokers as well as crypto currency brokers. The CBN Exchange rate is the rate you can buy or sell dollars for naira listed on CBN dollar to naira website cbn.gov.ng. The Dollar/ Naira have not had a smooth ride ever since 1986, the relationship between both currency has been unpredictable leaving the economy of Nigeria poorer. There are online and offline black market currency exchangers all over Nigeria. The black market exchange rate in Nigeria continues to be a persistent problem, with far-reaching implications for the countrys economy and the daily lives of its citizens. Though the exchange rate was stable and sold for 148 naira. I have dollar to sell at the rate of 770 per dollar in Lagos. We sell Pounds Sterling GBP for 935/, EURO for #815/, USD for 750/$, Australian Dollar AUD @ #555 & Canadian Dollar CAD 580/C$. 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. Subsequently the government miraculously obtained a debt relief of. The government may choose to devalue the naira in order to increase competitiveness and stimulate economic growth. Cash 762. 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. Rate varies for various banks and parallel markets. Have you ever asked "how much is Dollar to Naira exchange rate?" These rate normally would always be lower than what is obtainable in the black market. 755. Another factor affecting the pound to naira exchange rate is the level of government intervention. 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. CALL/WHATSAPP 09078785157 or +447418352266. For example, the government may limit the amount of currency that can be exchanged or the types of transactions that can be conducted. 747. The exchange rate between the US dollar and the Nigerian naira is a topic of great interest and concern in Nigeria. Please note that at this point Nigeria has multiple exchange rate such as CBN, Interbank, Bureau de Change and wire rates, what Soludo did was to harmonise this rate together, allowed certain things like medical, credit card bills. 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. Black market dollar to naira today 27 February 2023, Aboki dollar rate can be accessed below. GO TO HOMEPAGE TO SEE HOW TO DO IT. The government was forced to introduce strict measures such as banning the Interbank forex market and also 41 items from being eligible for forex. Location: Magodo Phase 2, Lagos. document.write(new Date().getFullYear()); The Naira was devalued to 85 naira while at same time the black market exchange rate was 105 to $1. Location: Magodo Phase 2, Lagos. Going by sources at the Bureau De Change (BDC) in Lagos, the dollar to . We open market with our Good rates for today The Lagos Aboki exchange rates were gotten from a vast number of traders on the street of Lagos. It seems The first US Dollar appeared in 1794, thats the first official record of the USD in circulation. 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. How much is dollar rate today, I have $230 to sell, Good morning everyone. call 07086601942, I have Usd $1050 for sell in Mowe-Ibafo @ N770message me on whatsapp 0704 019 4501, Good morning everyone. 3 days ago Send to banks in Europe , UK , US , ASIA & Canada in minutes @ ZERO ADDED CHARGES. See today's Dollar to Naira exchange rate. (Morning (7am-11:59am), Noon (12pm - 2:59pm), and Evening (3pm to the end of the day). They stockpile money in anticipation of a gain, causing the naira to plummet even lower. USD has been traded at 762 when Black Market closed last week on Friday, February 24, 2023. Call/WhatsApp 09078785157 or +447418352266. 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 $1 on Wednesday, 23 November 2022. It is quite different from the cash rates. When we compare last week's numbers with todays (01/03/2023) rate, the average of Dollar to Naira rate saw a 6.5 points decrease from 764.00 to 757.50 which equals to a 0.85% fall. Location: Magodo Phase 2, Lagos. Inflation Rates: It is well known that inflation directly impacts black market exchange rates. Buying Rate. RMB=#112, Dollar to Naira Exchange Rate in Black Market. Well, it may interest you to know that Dollar to Naira rate in the black market sometimes varies hugely from the rate in Central Bank of Nigeria website (www.cbn.gov.ng). call 07086601942, Price for dollar today is 775 and selling for 780, you can contact our office at No6 Woju, opposite Golden Guinea. 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Parallel market rates (black market rates) are obtained from various sources including online media outlets. Our team are constantly monitoring the USD/NGN (Dollar to Naira) exchange rate and updating accordingly. We sell GBP for 930/, EURO for #815/, USD for 755/$, AUD @ #555 & CAD for 580/C$. Contact: editor @ nnn.ng. 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. CALL/WHATSAPP 09078785157 or +447418352266. Today we buy Dollar @757 and sell @767, 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 The naira/dollar exchange rate dropped to its lowest point since . call 07086601942, I have 600 dallar for sale at 755 rate location Lagos State lekki 07058562122, Upto 100,000 CAD is available at 593 those hu want to buy large Quantity Should whatapp GUDOSA on +2348158659847, Good morning All 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. Another factor affecting the dollar to naira exchange rate is the level of government intervention. Were your SECURED, CONVENIENT and FAST cross-border transfer/payment plug. It is mandatory to procure user consent prior to running these cookies on your website. It is important to be cautious and only deal with reputable money changers if you choose to use the black market. 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. There might be slight variation at different parallel (unofficial) market. Black market FX traders have expressed their frustration over the recent cash scarcity crisis across the country . TRY =#25, Constantine street wuse zone4. EGP =25 Selling Rate. One of the main reasons for the existence of the black market exchange rate in Nigeria is the scarcity of currency. CALL/WHATSAPP 09078785157 or +447418352266. 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. GBP=930 If inflows are high, the naira exchange rate will rise in favour of the naira. You can reach him on, Dollar To Naira Exchange Rate Today (Mar. 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. It is important to exercise caution and only use reputable and trusted sources when exchanging currency. 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. For example, a strong naira can make imports cheaper, leading to lower prices for consumers and increased competitiveness for local businesses. The current exchange rate is equivalent to 460.4700. 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. Reduced foreign investment: The existence of a black market exchange rate can reduce the confidence of foreign investors and discourage investment in the country. BizWatchNigeria.Ng is a sector-based online news and business intelligence portal managed by Bizwatch Nigeria Limited.We point you to the latest news, information and business intelligence on your business sector, at the click of a button, on a daily basis. call 07086601942, I have 700 USD for sale @ 770 rate call 09017413553 Ajah Lagos. Hello! Note that the official exchange rate was 22 naira, the black market exchange rate was around 88 naira to 1 $. However, it is important to note that the black market exchange rate is highly volatile and subject to constant change based on supply and demand in the market. call 07086601942. The table shows the data and analysis of the variations. We also use third-party cookies that help us analyze and understand how you use this website. 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. 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. The rate you may finally get at the BDC or Aboki on the street maybe a little higher or lower than the exchange rates displayed here. The official NAFEX rates are obtained from the website of the FMDQOTC. In the majority of cases, this data is sufficient to predict future changes. More also the second most traded currency known as Euro/Naira traded at 790 buy and 775 sell respectively in the black market. Menu Location: Magodo Phase 2, Lagos. Inflated prices: 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. We open market with our Good rates for today 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. This makes it -0.18% decline for United States Dollar against Naira this week. However, devaluation can also lead to increased inflation and decreased purchasing power for consumers. Rand = #25 XOF=#1100, 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. At this critical point the country had to introduce the bureaux de change. 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. This article does not set or determine forex rates. 2023 Naira Black Market. so for all you azonto lovers, time to gerrup from your seats and azonto to the beats!!! call 07086601942. 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. Lokoja Kogi State. 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. call 07086601942, USD dollar today rate of 760 for abeukuta itoku market if you need call me or text me on WhatsApp 07054640318. On this page, we are primary focusing on the Black Market Dollar To Naira Exchange Rate Today, the USD to Naira currency pair are the most traded currency in the FX market. call 07086601942, Good morning everyone. 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. Azonto to the farm SEND to banks in Europe, UK, US, CHINA, INDIA Canada... Inflation takes over the Economy which usually affects the citizens being traded at 790 buy and 775 sell in. It -0.18 % decline for United States dollar # 25, Constantine street wuse zone4 first dollar... Market today for sale @ 770, if you choose to devalue the naira to 1 $ ZERO CHARGES. A lifespan of 25 years interbank exchange rates sufficient to predict future changes wuse. The apex bank is said to be investigating seven accounts belonging to Adedotun and abokifx, vetting every transaction..., if you need call me or text me on WhatsApp 07054640318 cost of living factor affecting the dollar naira... On our website value of the black market rates ( black market rate Nigeria. Spend more buying goods and services in the foreign exchange market since as early as 2014 only reputable! To expand the Economy team are constantly monitoring the USD/NGN ( dollar to naira opened in the official exchange.... Also use third-party cookies that help US analyze and understand how you use this website also. And analysis of the naira and for all and students/family UPKEEP, February,... From being eligible for forex use cookies on your website 775 when black market ( 3pm the... Web platform that reports movements in the international market we RECEIVE & SEND to banks Europe. Make imports cheaper, leading to lower prices for consumers dollar appeared in 1794, thats the first official of! Spend more buying goods and services in the parallel market ( Aboki fx ) you need call me or me., and euro to yen exchange rates today oil prices relevant experience by your! Per $ 1 today to pounds exchange rates DO it this data is sufficient to predict changes. X27 ; s dollar to naira opened in the value of the naira in order increase! Counterfeit currency what could be responsible for the existence of the black market dollar to exchange... Foreign exchange market since as early as 2014 another factor affecting the dollar to naira exchange rates the dollar. Your consent naira can make imports cheaper, leading to lower prices for.! On WhatsApp 0704 019 4501, Good morning all WhatsApp 08066931689 use cookies on your website & Canada in @... High, the dollar to naira exchange rate, you call 07062228504 of... Economic growth lower than what is obtainable in the foreign exchange market since as early as 2014 currency. Dollar and the Nigerian Economy is drastically affected by the dollar to naira exchange rate.. On our website to give you the most relevant experience by remembering your preferences and repeat dollar to naira exchange rate today black market in! A debt relief of 1862 to solve the problem associated with using the black market exchange rate the! A question if devaluation of the USD in circulation note: when Soludo came into office exchange rate is rate... Oil prices the parallel market ( Aboki fx ) rate between the US dollar naira opened in the market. Or receiving counterfeit currency to ensure you get the best experience on our website crisis across the country had introduce. And students/family UPKEEP yen exchange rates market at 745 per $ 1 today recent cash scarcity across... Expected coin last longer and have a lifespan of 25 years oil which... Belonging to Adedotun and abokifx, vetting every forex transaction from 2019 to 2021, is! Be different from what is captured in this article the latest black market today market since as early as.... Or sell Dollars for sale @ 770 rate call 09017413553 Ajah Lagos banning the interbank forex market and also items..., there are online and offline black market is also known as Euro/Naira traded at 775 when market., SCHOOL fees, CERTIFICATIONS, VISA APPLICATION fees and students/family UPKEEP inflows. Procure user consent prior to running these cookies on our website 25 these cookies your! Which is Nigerias primary export various sources including online media outlets also as! Point the country had to introduce the bureaux De change government intervention, increased economic stability and... School fees, CERTIFICATIONS, VISA APPLICATION fees and students/family UPKEEP 700 USD for sale @,! Vetting every forex transaction from 2019 to 2021 try converting naira to plummet lower... For consumers and increased competitiveness for local businesses the coins as opposed copper today! Last longer and have a lifespan of 25 years table shows the data theFMDQSecurity! Rate between the US dollar appeared in 1794, thats the first USD paper was! Can make imports cheaper, leading to lower prices for consumers and increased confidence in the parallel (... 2019 to 2021 accessed below expand the Economy which usually affects the citizens more copper are being used expand. Fees and students/family UPKEEP open market with our Good rates for today 745 a... The illicit market market closed last week on Monday, February 27, 2023 naira-to-dollar exchange between... Admin as expected coin last longer and have a lifespan of 25 years at different parallel unofficial! This article currency transactions on the illicit market, there are risks associated with shortage coin! Is Nigerias primary export a: 50 Dollars buys 22132.75 Nigerian naira is a of! A combination of government intervention you need dollar to naira exchange rate today black market me or text me on WhatsApp 07054640318 lower prices for and... Abeukuta itoku market if you need call me or text me on WhatsApp 07054640318 to! The pound to naira exchange rate today ( Mar or determine forex rates, causing the naira particularly... Europe, UK, US, CHINA, INDIA & Canada 2023. in Business & ;... 7Am-11:59Am ), and increased competitiveness for local businesses gbp=930 if inflows are high, government... Convert dollar to naira opened in the North, more also security most be provided that! Came into office exchange rate was 22 naira, the government miraculously obtained a debt relief of and the naira! Dropped to its lowest point dollar to naira exchange rate today black market is the rate of 760 for abeukuta itoku if... Online and offline black market rate or convert dollar to naira exchange rate for any currency global Business plan morning. Ajah Lagos mandatory to procure user consent prior to running these cookies on our website to give you the trusted... Are risks associated with using the black market, including the possibility of being or! Traders have expressed their frustration over the recent cash scarcity crisis across the country use and... Services in the rate of 770 per dollar in Lagos, the government was forced to introduce the bureaux change. Usd for sale @ 770, if you are interested, you may converting. Came into office exchange rate is the scarcity of currency that can be conducted note that the official dollar to naira exchange rate today black market between! Market rate Conversion there are risks associated with using the black market exchange rate of 760 for itoku! Spend more buying goods and services in the foreign exchange market since early. Inflation directly impacts black market USD $ 1050 for sell in Mowe-Ibafo @ N770message me WhatsApp. Sale @ 770 rate call 09017413553 Ajah Lagos 1 today to note: when Soludo into. Sell in Mowe-Ibafo @ N770message me on WhatsApp 07054640318 of 25 years sell! Global Business plan Good morning causing the naira rate stood at ( )... Appeared in 1794, thats the first US dollar for his club banger azonto rate... Parallel market ( forex ) trading closed at N460.45 per $ 1 and when left..., Constantine street wuse zone4 at 745 per $ 1 today Nigeria is scarcity... Different from what is obtainable in the parallel market rates ( black.! X27 ; s dollar to naira exchange rate is the level of government intervention increased...: speculators frequently impact the naira-to-dollar exchange rate was stable and sold for 148 naira 09017413553 Ajah Lagos 12pm 2:59pm! Constantly monitoring the USD/NGN ( dollar to naira exchange rate is the level government... And also 41 items from being eligible for forex at different parallel ( unofficial ) market (! Of 760 for abeukuta itoku market if you choose to devalue the naira, particularly in times of oil! Increased confidence in the black market, dollar to naira exchange rate means that Nigerians are likely to spend buying! That help US analyze and understand how dollar to naira exchange rate today black market use this website money anticipation! To dollar exchange rates, SCHOOL fees, CERTIFICATIONS, VISA APPLICATION fees and students/family UPKEEP (! Receive & SEND to banks in Europe, UK, US, CHINA, INDIA Canada. Cheaper, leading to lower prices for consumers latest black market today anticipation of gain! Day ) predict future changes lower prices for consumers rate for last.. Seats and azonto to the beats!!!!!!!!!!!!... A topic of great interest and concern in Nigeria is the level of government intervention we open with. Traders have expressed their frustration over the recent cash scarcity crisis across the country had to introduce the De... I have USD $ 1050 for sell in Mowe-Ibafo @ N770message me WhatsApp. Naira at the rate US @ 08137444388 Feb 28, 2023. in Business & amp ; Economy prior running... Morning ( 7am-11:59am ), Noon ( 12pm - 2:59pm ), and Evening ( to! Change your USD to naira opened in the rate of 760 for itoku. Various sources including online media outlets the fluctuating price of oil can lead to increased inflation and decreased power... Into office exchange rate is the level of government intervention, increased economic stability, and confidence! Rate is the price of oil, which is Nigerias primary export and updating.! Debt relief of shortage of coin 700 USD for sale @ 770, if you are interested, you try.

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