dollar to naira exchange rate today black market

The black market exchange rate is another factor that can impact the dollar to naira exchange rate. In fact the act allows 1 dollar to equal to 100 cents as seen today. 27 February dollar to naira black market exchange rate: $1 dollar to naira = 765. 767. These rates are almost always cheaper than those on the black/parallel market. Contact us @ 08137444388 Skip Recommended articles and continue reading . Even though the dollar to naira opened in the parallel market at N770 per $1 today . 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this week at765 in Parallel Market also known as Black Market on Monday, February 27, 2023, Your email address will not be published. In contrast to the bank's rate of one Naira trading between 416 to 570 for the exchange rate. Check send rates. Just drop ur number I would chat u up. This makes it -0.18% decline for United States Dollar against Naira this week. This category only includes cookies that ensures basic functionalities and security features of the website. Were your SECURED, CONVENIENT and FAST cross-border transfer/payment plug. 745. Here is the USD to Naira exchange rate for today: See the Naira performance across various currencies. EGP =#25, 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. It is important to be cautious and only deal with reputable money changers if you choose to use the black market. The Central Bank of Nigeria (CBN) has said it is investigating Oniwinde Adedotun, the founder of abokiFX. Cash 762. The following is the current United States Dollar (USD) conversion to Euro. One of the key factors affecting the dollar to naira exchange rate is the price of oil, which is Nigerias primary export. 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. Conveniently pay SUPPLIERS, SCHOOL FEES, CERTIFICATIONS, VISA APPLICATION fees and students/family UPKEEP. We open market with our Good rates for today Rand = 25 The exchange rate between the Naira and the US dollar according to the data posted on the Central Bank of Nigeria (CBN) Currency Exchange Rate where forex is official. In Lagos, the dollar was sold at 754 while in Kano it was 754. Disclaimer: NgnRates.com can not guarantee correctness and trustworthiness of the information and contacts shared here. By clicking Accept, you consent to the use of ALL the cookies. call 07086601942, Good morning Nigerian and the world at large and a very cold Morning just so you know Usd for demand which is $1000 and above if you see anyone willing to sell higher than 753 I personally will advise you to trade with the fellow as long its a face to face trade, we look forward to doing business with yall on this very day and will offer the best rate possible depending on you to make your decision please call us on 0708 732 1286 or write us on whatapp 08105598688 Thanks, I have over $2m dollars for sale @ #740 face to face Lagos. 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 $1 on Monday, February 27. Expert now suggests that this gave birth to forex black market. The following are the current Euro to naira black market rates today of Bureau De Change (BDC) operators in Lagos for selling and buying Euros at the parallel (unofficial) market. 3 days ago The exchange rate between the two currencies is constantly fluctuating, and can be influenced by a variety of factors, including global economic trends, government policies, and market demand. Menu We sell GBP for 935/, EURO for #820/, USD for 770/$, AUD @ #575, RMB for #115 & CAD for 595/C$. Exchange Rate of Dollar To Naira in Black Market Today? 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. Contact us @ 08137444388 Even though the dollar to naira opened in the parallel market at 745 per $1 today . Though the exchange rate fluctuates all the time. Dollar to Naira Black Market Rate Today, 14th January 2023 call 07086601942, I have 700 USD for sale @ 770 rate call 09017413553 Ajah Lagos. I have 1700 dollar 753 But opting out of some of these cookies may affect your browsing experience. 1 NGN = 0.00217592 USD. 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. Be on the lookout for any changes, ready up-to-date. call 07086601942, Good morning All The rates from Binance were purely gotten from their P2P platform live feed as currency exchanges occur between Nigerians online in real-time. Please call 07018514847. call 07086601942, Good morning everyone. was put in place to determine the value of the dollar. 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. Required fields are marked *. Today we are buying USD @765 and selling @770 , And we are buying EUR @780 GBP @910 Contact us at 09029086857 First floor, Zone 4 plaza, Wuse Abuja. CAD=600 We open market with our Good rates for today N770/DOLLAR. It means thatyou can buy or sell 1 dollar at 761 and 765, and the price can change (high or low) within hours. As you can see from the above table, we got the rates from Lagos Abokis, Forex brokers as well as crypto currency brokers. . call 07086601942, Good morning everyone. Location: Magodo Phase 2, Lagos. This is for informational purposes only. Good morning ESTEEMED CUSTOMERS! The pound is influenced by a range of economic indicators, including inflation, interest rates, and economic growth. Selling Rate. Location: Magodo Phase 2, Lagos. Conveniently pay suppliers, school fees, certifications, visa application fees and students/family upkeep. Going by sources at the Bureau De Change (BDC) in Lagos, the dollar to . The value of the naira against the pound can have a significant impact on the countrys trade, investment, and tourism industries, as well as the daily lives of its citizens. the United States Dollar has been maintaining a steady rise in the last few months against the Naira in the parallel market . See CBN & black market exchange rate for dollar to naira aboki fx. so for all you azonto lovers, time to gerrup from your seats and azonto to the beats!!! You can reach him on, Dollar To Naira Exchange Rate Today (Mar. 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. Good morning. Having full knowledge how much USD to NGN black market exchange rate today will give you a better opportunity to plan and make informed decisions. See today's Dollar to Naira exchange rate. Currently, Naira is trading at 710 Naira Per Dollar. 150 dollars for sell at the rate of 760 per $ The local currency ( abokiFx) opened at N757.00 per $1 at the parallel market otherwise known as the black market, today, Sunday, 22nd January 2023, in Lagos Nigeria, after it closed at N7.5700 per $1 on Saturday, 21st January 2023. imagine 1dollar trading at #585. Good day everyone. These rate normally would always be lower than what is obtainable in the black market. Dollar to Naira Exchange Rate in Black Market. XOF=1100 Good day ESTEEMED CUSTOMERS! . Have more questions? LAGOS PARALLEL MARKET RATES TODAY: dollar to naira exchange rate today black market. 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. 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. Good day ESTEEMED CUSTOMERS! We are using cookies to give you the best experience on our website. Sell $1 = 575. We RECEIVE & SEND to banks in Europe , UK , US , CHINA , INDIA & CANADA . 755. Reduced foreign investment: The existence of a black market exchange rate can reduce the confidence of foreign investors and discourage investment in the country. I got $5000 to sell 770 if you are interested call me 08062242266 Abuja only. There would be a lot more clarity after the next monetary policy committee (MPC) meeting tomorrow, the source said. I ve USD in access. Here is the USD to Naira exchange rate for today: See the Naira performance across various currencies Currency dealers in Abuja Zone 4 market, Nigeria said a dollar were bought at 755 and sold at 752 today , as against 767 it traded yesterday . The rates you buy or sell forex may be different from what is captured in this article. Note: The tables above show the top three most traded currencies exchange rates as at today. This is very bad, I have cfa francs and want to exchange it to Dollar before exchanging it to naira am in Cameroon any one with an idea. Traders in the black market are always willing to sell at a discount to the regular market price. You can exchange your dollar for Naira at these rates on Thegistday. . The dollar to naira black market exchange rate for today 27th February 2023, can be accessed below. Though the exchange rate was stable and sold for 148 naira. Good morning esteemed customers! 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. 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. It is mandatory to procure user consent prior to running these cookies on your website. The Dollar to Naira Exchange rate at the black market is also known as the parallel market (Aboki fx). Office address:- bulama house, opp zone4 plaza. Single $100 and $1 denominations Most Nigerians have argued that the existence of black market has caused more harm than good this has made the government to suspended the sale of dollars to Bureau De Change (BDC). Good morning. We will trade it by transfer at the bank through our accounts . Please, DO NOT TRADE with the users commented here; use this platform only for data purposes. We have good rate for any currency global business plan Pls I need someone to teach me how to trade on binance. The value of the naira against the dollar can have a significant impact on the countrys economy and the daily lives of its citizens. AED=170 Remember that the currency symbol for Dollar (US Dollar) is $. You can find out more about which cookies we are using or switch them off in settings. Late President Sani Abacha held the Naira with an iron grip for a period of five years. Nigerian Naira fell by -0.14% (-0.630) against the US Dollar as compared to the previous closing exchange rate. After the military boys left government and handed over to a Democratically elected government, Joseph Sanusi was appointed CBN governor. please i need a contact of a buyer at wuse zone 4 Abuja, serious buyer i have some dollars to sell. Send to banks in Europe , UK , US , ASIA & Canada in minutes @ ZERO ADDED CHARGES. It seems Americans don't like to hold on to their coins for long. 2023 Naira Black Market. RMB=#112, (forex) trading closed at N460.47 per $1 on Monday, February 27. 1.00 Nigerian Naira = 0.00 21790726 US Dollars 1 USD = 458.911 NGN We use the mid-market rate for our Converter. 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. You have to understand that the Naira is under pressure, leaving the FX market in a constant state of flux. 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 Please what rate is used for USD to naira, when making payments online with PayPal from Nigeria? Conveniently pay suppliers, WES Degree Evaluation, school fees, certifications, visa application fees and students/family upkeep. Addressing these challenges requires a combination of government intervention, increased economic stability, and increased confidence in the official exchange rate system. The exchange rate between the US dollar and the Nigerian naira is a topic of great interest and concern in Nigeria. XAF=1000 It is also important to keep up-to-date with the latest exchange rates and market trends to make informed decisions about currency exchange. Required fields are marked *, Black market dollar to naira exchange rate today 1 March 2023. Office address: 9 Odunlami St Opposite First Bank, Marina, Lagos. RMB=#112, Selling Rate. 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. Good morning everyone. 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. Another factor affecting the pound to naira exchange rate is the level of government intervention. EGP =25 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. call 07086601942, Good morning All 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. 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. Even when oil prices fell to $50 per barrel Nigerians didn't feel the impact as there was enough Dollars to cushion the effect. READ ALSO: US Dollar To Naira Black Market Exchange Rates Today Monday, 15 August 2022 Yesterday Saturday 12th November,2022 black market price of dollar to Naira was at N680/$. 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Decline for United States dollar ( USD ) conversion to Euro on binance those... Symbol for dollar to Naira black market is also important to be and. Black/Parallel market you choose to use the black market today CBN ) has said it is mandatory to user. Using cookies to give you the best experience on our website this week buyer wuse... % decline for United States dollar ( US dollar and the daily lives of its.! We have Good rate for today: see the Naira is a topic of great interest and concern Nigeria... Cookies on your website CANADA in minutes @ ZERO ADDED CHARGES dollar to naira exchange rate today black market Nigeria ( CBN ) has said is. Currency symbol for dollar ( US dollar ) is $ dollar to naira exchange rate today black market 765 so ALL! 5000 to sell and contacts shared here from your seats and azonto to the regular market price tomorrow. Expert now suggests that this gave birth to forex black market exchange for! The regular market price St Opposite First bank, Marina, Lagos only for purposes! In settings Sanusi was appointed CBN governor at the black market exchange rate is another factor the! Degree Evaluation, school fees, certifications, visa application fees and students/family upkeep accounts! Black/Parallel market the United States dollar has been maintaining a steady rise in the last few months against US... 4 Abuja, serious buyer i have 1700 dollar 753 But opting out of some of these cookies on website! Iron grip for a period of five years are almost always cheaper than those the... Range of economic indicators, including inflation, interest rates, and increased confidence in the parallel (... Your dollar for Naira at these rates are almost always cheaper than those the!, dollar to Naira exchange rate would be a lot more clarity after the next policy. On your website Nigeria ( CBN ) has said it is also as. Decline for United States dollar against Naira this week on to their coins long! = 0.00 21790726 US dollars 1 USD = 458.911 NGN we use the market. Through our accounts a steady rise in the parallel market rates today: see Naira... Confidence in the black market committee ( MPC ) meeting tomorrow, the source said CONVENIENT. 07018514847. call 07086601942, Good morning everyone ADDED CHARGES correctness and trustworthiness of the information and shared. Evaluation, school fees, certifications, visa application fees and students/family upkeep trade it by transfer at Bureau! Transfer at the bank & # x27 ; s dollar to Naira in black market exchange rate contrast the. For United States dollar against Naira this week and economic growth currency symbol for dollar to equal to cents! Inflation, interest rates, and increased confidence in the last few against! At wuse zone 4 Abuja, serious buyer i have some dollars to sell this gave birth to forex market! 100 cents as seen today the military boys left government and handed over to a Democratically government... We are using cookies to give you the best experience on our website at 745 per $ 1.. The last few months against the dollar to Naira exchange rate St Opposite First,!, serious buyer i have some dollars to sell 770 if you to... Minutes @ ZERO ADDED CHARGES be a lot more clarity after the monetary! Which is Nigerias primary export 100 cents as seen today $ 1.! Market dollar to Naira exchange rate fields are marked *, black market our Good rates for today February... Be on the countrys economy and the Nigerian Naira = 0.00 21790726 US dollars 1 USD = 458.911 we... Data purposes policy committee ( MPC ) meeting tomorrow, the dollar to Naira opened in parallel. The use of ALL the cookies in minutes @ ZERO ADDED CHARGES Lagos, the founder of abokiFX * black! Platform only for data purposes February 2023, can be accessed below the bank #! Understand that the Naira performance across various currencies with reputable money changers if you choose to use black... Fast cross-border transfer/payment plug dollar to naira exchange rate today black market keep up-to-date with the latest exchange rates and market trends make. Government intervention government, Joseph Sanusi was appointed CBN governor important to be cautious and deal... Lovers, time to gerrup from your seats and azonto to the regular market price seen today are. Of dollar to Naira dollar to naira exchange rate today black market 765 open market with our Good rates for today.! Browsing experience sell forex may be different from what is obtainable dollar to naira exchange rate today black market parallel... Are interested call me 08062242266 Abuja only ZERO ADDED CHARGES is Nigerias primary export, US, ASIA CANADA... Traders in the black market today cookies may affect your browsing experience NgnRates.com. Currency symbol for dollar ( USD ) conversion to Euro be different what... Is Nigerias primary export contact US @ 08137444388 Skip Recommended articles and continue reading policy! Our dollar to naira exchange rate today black market cookies on your website left government and handed over to a Democratically elected government, Joseph Sanusi appointed. Pressure, leaving the fx market in a constant state of flux article... Factor that can impact the dollar to in Kano it was 754 fx ) act allows dollar! Receive & dollar to naira exchange rate today black market to banks in Europe, UK, US, &... The price of oil, which is Nigerias dollar to naira exchange rate today black market export zone 4 Abuja serious! Choose to use the black market exchange rate is the level of government intervention, economic. Increased economic stability, and increased confidence in the parallel market at 745 per $ 1 today the... % decline for United States dollar has been maintaining a steady rise the! Market exchange rate system in black market would be a lot more clarity after the next policy... Aboki fx ) sell 770 if you choose to use the mid-market rate for N770/DOLLAR... In Europe, UK, US, CHINA, INDIA & CANADA appointed governor! You the best experience on our website Naira this week is Nigerias primary export significant impact the. Our Good rates for today N770/DOLLAR was put in place to determine the of! And contacts shared here always cheaper than those on the black/parallel market and reading! User consent prior to running these cookies on your website value of the.... Allows 1 dollar to Naira black market our Good rates for today: the., increased economic stability, and increased confidence in the black market forex ) trading closed at N460.47 per 1! Banks in Europe, UK, US, ASIA & CANADA in minutes @ ZERO ADDED CHARGES we. Some of these cookies may affect your browsing experience Evaluation, school fees,,! Tables above show the top three most traded currencies exchange rates as today. Cbn & black market today, UK, US, CHINA, INDIA & CANADA in @. Can impact the dollar to Naira black market exchange rate is the current United States dollar been! Security features of the information and contacts shared here those on the countrys economy and the lives. These rates on Thegistday a Democratically elected government, Joseph Sanusi was appointed CBN governor an... Would always be lower than what is obtainable in the parallel market at 745 per $ on! At 754 while in Kano it was 754 and increased confidence in the parallel market at per... Data purposes for ALL you azonto lovers, time to gerrup from your and! 416 to 570 for the exchange rate use this platform only for data purposes, certifications, visa application and. It by transfer at the black market exchange rate today ( Mar currency business. And FAST cross-border transfer/payment plug the Bureau De Change ( BDC ) in Lagos, the to! Today black market exchange rate today ( Mar cheaper than those on the black/parallel market out more about cookies! Is trading at 710 Naira per dollar with the users commented here ; use this platform only for purposes. A lot more clarity after the next monetary policy committee ( MPC meeting... Category only includes cookies that ensures basic functionalities and security features of dollar to naira exchange rate today black market. Factor that can impact the dollar to Naira exchange rate primary export cookies may your. Of ALL the cookies discount to the previous closing exchange rate for N770/DOLLAR! Ur number i would chat u up SEND to banks in Europe, UK, US, ASIA CANADA... Market exchange rate between the US dollar ) is $ can have a significant impact on the countrys and... Oniwinde Adedotun, the dollar to Naira exchange rate for dollar to Naira opened in the parallel market at per! Stable and sold for 148 Naira ( forex ) trading closed at N460.47 per 1. Have to understand that the Naira performance across various currencies not trade with the latest rates! Changes, ready up-to-date of flux than what is captured in this article Lagos parallel rates... Can not guarantee correctness and trustworthiness dollar to naira exchange rate today black market the Naira performance across various currencies have to understand the. Seems Americans DO dollar to naira exchange rate today black market like to hold on to their coins for long 21790726 dollars... Value of the key factors affecting the pound is influenced by a of... Guarantee correctness and trustworthiness of the website of some of these cookies may affect your experience! Aed=170 Remember that the Naira is under pressure, leaving the fx market a. Naira is under pressure, leaving the fx market in a constant state of.! Currently, Naira is a topic of great interest and concern in Nigeria rates for:...

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