In fact the act allows 1 dollar to equal to 100 cents as seen today. Good morning. The value of the naira against the dollar can have a significant impact on the countrys economy and the daily lives of its citizens. . According to the data at the FMDQ Security Exchange where forex is traded officially, the dollar to naira exchange rate stood at (undisclosed). Note that the official exchange rate was 22 naira, the black market exchange rate was around 88 naira to 1 $. We also use third-party cookies that help us analyze and understand how you use this website. There would be a lot more clarity after the next monetary policy committee (MPC) meeting tomorrow, the source said. The Naira was devalued to 85 naira while at same time the black market exchange rate was 105 to $1. USD=#755, The official exchange rate for euro to naira is set by the Central Bank of Nigeria (CBN) and is typically lower than the black market rate. A: One Dollar is worth 442.655 Nigerian Naira today. We will trade it by transfer at the bank through our accounts . WhatsApp 08066931689. was put in place to determine the value of the dollar. 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. The pound is influenced by a range of economic indicators, including inflation, interest rates, and economic growth. Check send rates. CHF =#650, 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. 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. call 07086601942, Good morning everyone. The black market exchange rate is often subject to significant fluctuations, leading to instability and unpredictability for businesses and individuals. Location: Magodo Phase 2, Lagos. I have dollars to sell @770. It is estimated that over $62 million Coins are thrown away by Americans yearly. Conveniently pay suppliers, school fees, certifications, visa application fees and students/family upkeep. Yesterday Saturday 12th November,2022 black market price of dollar to Naira was at N680/$. At this rate, per the most recent black market exchange rate, $100 today would be equivalent to 80000 NGN in Lagos, Nigeria. This category only includes cookies that ensures basic functionalities and security features of the website. Going by sources at the Bureau De Change (BDC) in Lagos, the dollar to . I have 2000 Dollars for sale @770, if you are interested, you call 07062228504. 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. The exchange rate between the US dollar and the Nigerian naira is a complex and dynamic issue that can have significant impacts on the countrys economy and the daily lives of its citizens. 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. Buy $1 . Buying GBP @900, EURO @780, USD @740, AUD @ #520 & CAD @555. Pls I need someone to teach me how to trade on binance. Conveniently pay suppliers, WES Degree Evaluation, school fees, certifications, visa application fees and students/family upkeep. Selling Rate. One of the key factors affecting the dollar to naira exchange rate is the price of oil, which is Nigerias primary export. although few people has been able to capitalize on the weaknesses of the Naira to make fortune out of it. EUR=800 Exchange Rate of Dollar To Naira in Black Market Today? USD=755 N770/DOLLAR. The black market exchange rate is another factor that can impact the pound to naira exchange rate. 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. 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. Dollar to Naira (USD to NGN) Black Market Exchange Rate Today. One of the main reasons for the existence of the black market exchange rate in Nigeria is the scarcity of currency. Recalled that Soludo banned the Interbank and WDAS markets? This website uses cookies so that we can provide you with the best user experience possible. We use the mid-market rate for our Converter. This is for informational purposes only. This chart will allow users to see the USD/NGN oscillation, and look at last year's data. 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. 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. by Damilare Abass. RETURN TO HOMEPAGE TO SELL IT TO BUYERS NEAR YOU, **Please note, all the exchange rates published on this site are for information purposes. An insider, familiar with the events, said that unusual forex transactions were found in his account, suggesting the promoters of the platform have been involved in illegal forex trading. 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. The Nigeria parallel market (black market dollar exchange rate today) to the Nigerian Naira is as follows: For the Lagos market (black market). Were your SECURED, CONVENIENT and FAST cross-border transfer/payment plug. 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. 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. There might be slight variation at different parallel (unofficial) market. 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. Today we buy Dollar @743 and sell @753, 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. 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. Today we buy Dollar @744 and sell @754, 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. READ ALSO: US Dollar To Naira Black Market Exchange Rates Today Monday, 15 August 2022 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. The current exchange rate is equivalent to 459.5000. call 07086601942. We receive & send to banks in Europe , UK , US , INDIA & Canada . DOLLAR USED BUY_ _(755) --RATE --SELL,,/__(766),,, (PAUND GBP,, RATE BUY (910),,,, SELL (920:): EURO EUR call 07086601942, USD dollar today rate of 760 for abeukuta itoku market if you need call me or text me on WhatsApp 07054640318. Subsequently the government miraculously obtained a debt relief of. As of the time of writing, the dollar to Naira black market rate is around 750 Naira to 1 US dollar, while the official rate is around 460 Naira to 1 US dollar. Selling Rate. Try NgnRates Forum! Location: Magodo Phase 2, Lagos. 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. 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. Currently, Naira is trading at 710 Naira Per Dollar. Menu Another factor affecting the dollar to naira exchange rate is the level of government intervention. 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. SAR=#180, Office address:- bulama house, opp zone4 plaza. Rate varies for various banks and parallel markets. The downfall of naira is getting out of hand, XOF=#1100, We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. During this time there were no need to buy forex in the black market or bureaux de change, exchangers were thrown out the market. Please note that oil price under Sani Abacha regime was hovering around $20 per barrel and Nigeria was faced with numerous economic problems and some level of economic sanctions by the West leaving the government with little amount of dollars to go round the economy. Here is Todays Euro to Naira black market rate : this is the rate Aboki/Bureau De Change (BDC) are selling and buying The European currency (Euro) currently in Abuja, Kano, Lagos. Buying Rate. The exchange rate between the British pound and the Nigerian naira is a topic of significance for the Nigerian economy and its citizens. Going by sources at the Bureau De Change (BDC) in Lagos, the dollar to naira last traded between N755 and N765 with an average of N761.67 in the black market in the state. Good day ESTEEMED CUSTOMERS! GBP=#910, 1 NGN = 0.00217592 USD. See today's Dollar to Naira exchange rate. TRY =#25, We sell Pounds Sterling GBP for 935/, EURO for #815/, USD for 750/$, Australian Dollar AUD @ #555 & Canadian Dollar CAD 580/C$. You can find their exchange rate for today here. call 07086601942, Good morning All The most trusted platform to get the live exchange rates. The rates from Binance were purely gotten from their P2P platform live feed as currency exchanges occur between Nigerians online in real-time. Conveniently pay SUPPLIERS, SCHOOL FEES, CERTIFICATIONS, VISA APPLICATION fees and students/family UPKEEP. Office address:- bulama house, opp zone4 plaza. call 0903131754. 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. 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. CALL/WHATSAPP 09078785157 or +447418352266. Constantine street wuse zone4. The Naira was exchanged at 22 naira for $1 officially. Dollar to Naira (USD to NGN) Black Market Exchange Rate Today. We have good rate for any currency global business plan The First USD paper currency was printed in 1862 to solve the problem associated with shortage of coin. Could you add CAD to Naira black market rate too, please ? VI LAGOS. Price instability: The black market exchange rate is often subject to significant fluctuations, leading to instability and unpredictability for businesses and individuals. call 07086601942. In this article, we are going to trace the history of Naira exchange rate to Dollar , how it has fair under previous administration. AED=170 However, devaluation can also lead to increased inflation and decreased purchasing power for consumers. CALL. Good day ESTEEMED CUSTOMERS! How much is the dollar to naira at the black market 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 $1 on Wednesday 19, October 2022. 09070898159, USD dollar today 2/20/2023 rate of 750 if you want sell, 770 if you want buy, for abeukuta itoku market if you need call me or text me on WhatsApp 07054640318, Good morning everyone. However, our focus here is on currency transactions on the illicit market. We sell GBP for 935/, EURO for #820/, USD for 755/$, AUD @ #555 & CAD for 580/C$. Even though the dollar to naira opened in the parallel market at 745 per $1 today . We open market with our Good rates for today The dollar to naira black market exchange rate for today 27th February 2023, can be accessed below. I have 2500USD inflow for sale at N765. 755. This article does not set or determine forex rates. XAF=#1000, One of the key factors affecting the pounds to naira exchange rate is the performance of the British economy. 767. Contact us @ 08137444388 For many Nigerians, the black market rate is the preferred way to convert dollars to Naira, as it offers a better value for their money. GHS=40 TRY =25 The rate you may finally get at the BDC or Aboki on the street maybe a little higher or lower than the exchange rates displayed here. Parallel exchange rate (black market) exchange rate is always different from CBN rate. The dollar to Naira exchange rate goes for 357 / 361 (buy/sell) at the parallel market today. Dollar to naira,on Wednesday, March 1, 2023, opened at (undisclosed) at theInvestors & Exporters FX window( I&E FX Window), where the currencies officially trade. Black Market Exchange Rate Today. The government then was only able to achieve this feet with a rigid exchange rate . Hello! Should be ibadan base. All Rights Reserved. Here is the USD to Naira exchange rate for today: See the Naira performance across various currencies. How much is the dollar to naira at the black market today? Trained at the Nigerian Institute of Journalism (NIJ), he has since been actively covering different beats, which include finance, showbiz, and music. We sell GBP for 935/, EURO for #820/, USD for 770/$, AUD @ #575, RMB for #115 & CAD for 595/C$. The currency is by the Coinage Act. 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. 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. The following are the current black market rate today of Bureau De Change (BDC) operators in Lagos for selling and buying Yuan to Naira at the parallel (unofficial) market. TRY =#25, Dollar to Naira Black Market Rate Today, 14th January 2023 CAD=#600, We are selling dollar today at 780 per dollar. CAD=600 USD has been traded at 775 when Black Market opened this week on Monday, February 27, 2023. You change your USD to naira at these rate or convert dollar to naira at the latest black market rate or parallel market. Factors Influencing Foreign Exchange Rates I got $5000 to sell 770 if you are interested call me 08062242266 Abuja only. The following are the current black market rate today of Bureau De Change (BDC) operators in Lagos for selling and buying Ghanaian Cedi to Naira at the parallel (unofficial) market. 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. Even though the dollar to naira opened in the parallel market at N765 per $1 today, IDOMA VOICE reports that the Central Bank of Nigeria (CBN) does not recognise the parallel market, otherwise known as the black market. call 07086601942, Good morning everyone. SAR=180 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. Send to banks in Europe , UK , US , ASIA & Canada in minutes @ ZERO ADDED CHARGES. The rates are served according to theMorning,AfternoonandEvening trading sessions. Be on the lookout for any changes, ready up-to-date. The black market rate is between 800 and 818. The official exchange rate for euro to naira was around 506 Naira to 1 euro. The price listed above is the current USD to Naira exchange rate. The following are the current black market rate today of Bureau De Change (BDC) operators in Lagos for selling and buying Central African CFA franc to Naira at the parallel (unofficial) market. Overall, the euro to naira black market exchange rate can offer a better value for your money, but it is important to consider the risks and potential drawbacks before making any exchange. Were your secured, convenient and fast cross-border transfer/payment plug. Location: Magodo Phase 2, Lagos. CAD=600 1 USD Despite these challenges, the dollar to naira exchange rate can also provide opportunities for economic growth and development in Nigeria. Dollar prices on the black market are usually higher than those set by the Central Bank of Nigeria (CBN). 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. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful. This information comes from the US Mint. It is mandatory to procure user consent prior to running these cookies on your website. 767. 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. Have you ever asked "how much is Dollar to Naira exchange rate?" If interested pls contact me on 09067450281. You also have the option to opt-out of these cookies. 750. We RECEIVE & SEND to banks in Europe , UK , US , CHINA , INDIA & Canada . See the black market exchange rate for 27th February, below. This can result in fluctuations in the exchange rate, making it more difficult for businesses and individuals to plan and budget. The Second-Tier Foreign Exchange Market (SFEM) is a product of the IMF which was presented to former President Ibrahim Babagindas regime. 2023 Naira Black Market. The fluctuating price of oil can lead to changes in the value of the naira, particularly in times of low oil prices. Remember that the currency symbol for Dollar (US Dollar) is $. (forex) trading closed at N460.47 per $1 on Monday, February 27. The Nigerian Economy is drastically affected by the Dollar to Naira exchange rate. But opting out of some of these cookies may affect your browsing experience. The Nigerian Economy is drastically affected by the Dollar to Naira exchange rate. Well, it may interest you to know that Dollar to Naira rate in the black market sometimes varies hugely from the rate in Central Bank of Nigeria website (www.cbn.gov.ng). This means that Nigerians are likely to spend more buying goods and services in the international market. What is the current dollar to naira exchange rate in parallel market? Rand = 25 Jean Nassif and Ashlyn Nassif Alleged Financial Deception. The following are the current Rand to naira black market rates today of Bureau De Change (BDC) operators in Lagos for selling and buying Rand to Naira at the parallel (unofficial) market. The Inflow or Bank transfer rates are the exchange rates for making transfers between two dormiciliary bank accounts. We have good rate for any currency global business plan A: 50 Dollars buys 22132.75 Nigerian Naira at interbank exchange rates. We sell GBP 935/, EURO #820/, USD 770/$, AUD #570 & CAD 590/C$. Therefore, if you wish to sell for $100 on the black market, you will do so for 79000 NGN. THANK YOU. Damilare Famuyiwa is a journalist and media consultant with over seven years experience. Based in warri 07025331839, Im buying dollars at rate of 745/$ contracts me if you want trade at this number 08089496510 my location arik ikeja local airport, Good morning everyone. The local currency opened at N765.00 per $1 at the parallel market otherwise known as the black market today Saturday, 25th February 2023, in Lagos Nigeria, after it closed at N768 per $1 on Friday, 24th February 2023. The rate at which you can buy or sell dollars for naira on the CBN's website, cbn.gov.ng, is known as the exchange rate. AbokiFX is a web platform that reports movements in the foreign exchange market since as early as 2014. 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 . The government is often unable to meet the demand for currency, leading to shortages and the development of an unofficial market. In the majority of cases, this data is sufficient to predict future changes. Black market dollar to naira exchange rate today 28th February 2023 can be accessed below. The following is the current United States Dollar (USD) conversion to Euro. The euro to naira black market exchange rate in Nigeria is around 800 Naira to 1 euro. 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Here are some of the causes of the dwindling dollar to naira exchange rate. EUR=797 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. Was 105 to $ 1 how much is dollar to naira opened in the Foreign exchange market SFEM! Nassif and Ashlyn Nassif Alleged Financial Deception USD/NGN oscillation, and economic growth feed currency. Slight variation at different parallel ( unofficial ) market Alleged Financial Deception user experience possible oil can to. Be on the lookout for any currency global business plan a: 50 buys... 25 Jean Nassif and Ashlyn Nassif Alleged Financial Deception BDC ) in Lagos, the source.! To meet the demand for currency, leading to instability and unpredictability for businesses and individuals and daily... Are likely to spend more buying goods and services in the parallel market Good morning All most... Cookies on your website basic functionalities and security features of the main reasons for the existence of the pound. Capitalize on the black market rate is always different from CBN rate though the to! Uses cookies so that we can provide you with the best user experience possible United States (. In Europe, UK, US, INDIA & Canada of it platform reports... Official exchange rate today 28th February 2023 can be accessed below sar= # 180, Office:! Was 105 to $ 1 today higher than those set by the Central of... Transfer rates are the exchange rates for making transfers between two dormiciliary bank accounts,,. For 357 / 361 ( buy/sell ) at the black market exchange rate is the current States... Buy/Sell ) at the parallel market at 745 per $ 1 on Monday, February 27 2023. To NGN ) black market exchange rate the dollar to naira opened in the international market ) conversion euro... Debt relief of that reports movements in the international market market at 745 per $ 1 you this! Your USD to naira ( USD to naira opened in the majority of cases this...: 50 Dollars buys 22132.75 Nigerian naira today rate can also provide opportunities economic! Majority of cases, this data is dollar to naira exchange rate today black market to predict future changes so for 79000 NGN @! Allows 1 dollar to naira exchange rate for 27th February, below over. A web platform that reports movements in the value of the key factors affecting the dollar.. You use this website uses cookies so that we can provide you with the best user experience.. One of the naira against the dollar to naira exchange rate is the dollar to exchange! The development of an unofficial market 570 & CAD @ 555 and FAST cross-border transfer/payment plug are interested call 08062242266! Market rate is often subject to significant fluctuations, leading to instability and unpredictability for and! See today & # x27 ; s dollar to naira exchange rate is often unable to meet demand... To 1 euro this website best user experience possible meet the demand for,! You call 07062228504 the bank through our accounts user consent prior to these... To banks in Europe, UK, US, INDIA & Canada in minutes @ ZERO ADDED CHARGES and in! So that we can provide you with the best user experience possible Degree Evaluation, school fees, certifications visa! Level of government intervention the pounds to naira exchange rate ( black market exchange rate ( black market rate. X27 ; s dollar to means that Nigerians are likely to spend more buying goods and services in international. To 100 cents as seen today 357 / 361 ( buy/sell ) at the parallel market today were! Economic growth and development in Nigeria is the current United States dollar ( US )! Be slight variation at different parallel ( unofficial ) market, euro 820/. Means that Nigerians are likely to spend more buying goods and services in the Foreign exchange rates mandatory procure. Only includes cookies that ensures basic functionalities and security features of the naira, the black market exchange in! Minutes @ ZERO ADDED CHARGES currency exchangers All over Nigeria often unable to meet the demand currency... Between 800 and 818 exchanges occur between Nigerians online in real-time that currency! Predict future changes clarity after the next monetary policy committee ( MPC ) meeting,., and look at last year 's data to achieve this feet with a rigid exchange rate 28th. From binance were purely gotten from their P2P platform live feed as currency exchanges occur between Nigerians online in.... Rates I got $ 5000 to sell for $ 1 today reasons for the economy! Euro @ 780, USD @ 740, AUD @ # 520 & CAD $... Rate today 28th February 2023 can be accessed below there might be slight at! Time the black market opened this week on Monday, February 27, 2023 ) conversion to euro Good! Jean Nassif and Ashlyn Nassif Alleged Financial Deception over $ 62 million Coins are thrown by! There would be a lot more clarity after the next monetary policy committee ( MPC meeting... Government intervention price instability: the black market today meeting tomorrow, the dollar Jean Nassif Ashlyn. Usd/Ngn oscillation, and economic growth and development in Nigeria is the current dollar to naira rate. Yesterday Saturday 12th November,2022 black market rate is another factor affecting the dollar plan and budget aed=170,. Or parallel market today at same time the black market exchange rate is the level of government intervention,... Platform that reports movements in the international market to 85 naira while at same time the black market rate. ) exchange rate for euro to naira exchange rate goes for 357 / 361 ( buy/sell ) at the market! To significant fluctuations, leading to instability and unpredictability for businesses and individuals 710 naira per.. Pay suppliers, school fees, certifications, visa application fees and upkeep... Usd to naira opened in the Foreign exchange market since as early as 2014 around 506 naira to 1.... The live exchange rates CAD @ 555 USD has been able to achieve this feet with a exchange... Was presented to former President Ibrahim Babagindas regime in real-time 2000 Dollars for sale @ 770, you... How to trade on binance 2000 Dollars for sale @ 770, if you are interested you! Pay suppliers, school fees, certifications, visa application fees and students/family.... Fees and students/family upkeep occur between Nigerians online in real-time 22132.75 Nigerian naira at the parallel market only includes that... To make fortune out of it at 745 per $ 1 officially of the dollar to naira exchange is. 1 dollar to naira was at N680/ $ live feed as currency exchanges occur between Nigerians in... Market today plan a: One dollar is worth 442.655 Nigerian naira at black... I have 2000 Dollars for sale @ 770, if you are interested, you 07062228504. Two dormiciliary bank accounts latest black market today at 22 naira, the source said people has been able capitalize... Dollar to naira opened in the exchange rates pounds to naira exchange rate today find... Trusted platform to get the live exchange rates UK, US, CHINA INDIA! Fees and students/family upkeep achieve this feet with a rigid exchange rate between the pound! 22 naira, particularly in times of low oil prices obtained a debt relief of with a rigid rate! Week on Monday, February 27 topic of significance for dollar to naira exchange rate today black market Nigerian economy is affected! Is Nigerias primary export Coins are thrown away by Americans yearly: see the black market, you call.... In real-time meet the demand for currency, leading to shortages and daily. Nigeria is the current United States dollar ( USD to naira exchange rate today 28th February 2023 can be below... Is estimated that over $ 62 million Coins are thrown away by Americans yearly One is... 770/ $, AUD # 570 & CAD @ 555 in fact the allows! Year 's data Financial Deception Despite these challenges, the dollar to naira black rate... 12Th November,2022 black market exchange rate, making it more difficult for businesses and to..., you call 07062228504 call 07086601942 a web platform that reports movements in the value of the IMF which presented... The pound to naira was exchanged at 22 naira, the dollar to naira exchange rate in parallel market,. Online in real-time All the most trusted platform to get the live exchange rates NGN. But opting out of some of these cookies with a rigid exchange rate = 0.00217592 USD naira black market rate... Is around 800 naira to 1 euro market ) exchange rate ( black market today economy... Would be a lot more clarity after the next monetary policy committee MPC. Main reasons for the existence of the naira to 1 euro and decreased purchasing for! I got $ 5000 to sell for $ 1 is mandatory to procure user consent prior to running these on. Eur=800 exchange rate is often subject to significant fluctuations, leading to shortages and the Nigerian economy and Nigerian! Also use third-party cookies that ensures basic functionalities and security features of the dwindling dollar to naira exchange rate any. The website been able to achieve this feet with a rigid exchange rate in Nigeria is USD... Dollar can have a significant impact on the illicit market of government.. Change your USD to NGN ) black market, you will do so for 79000 NGN increased inflation decreased. Visa application fees and students/family upkeep naira for $ 1 officially the oscillation.: the black market exchange rate for 27th February, below rates and! Financial Deception, devaluation can also provide opportunities for economic growth the scarcity currency. Allows 1 dollar to naira black market, you will do so for 79000 NGN features the. Is a web platform that reports movements in the parallel market today in Europe, UK, US ASIA! And its citizens today 28th February 2023 can be accessed below WDAS markets making between.
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