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. GBP =600 In fact the act allows 1 dollar to equal to 100 cents as seen today. Here are some of the causes of the dwindling dollar to naira exchange rate. The Nigeria parallel market (black market dollar exchange rate today) to the Nigerian Naira is as follows: For the Lagos market (black market). The government then was only able to achieve this feet with a rigid exchange rate . According to the data at the FMDQ Security Exchange where forex is traded officially, the dollar to naira exchange rate stood at (undisclosed). It also includes the euro to pounds exchange rates, euro to yen exchange rates, and euro to naira exchange rates among others. At this rate, per the most recent black market exchange rate, $100 today would be equivalent to 80000 NGN in Lagos, Nigeria. Infact black market exchange rate became much pronounced more than ever in the history of Nigeria. GHS=40 Good morning, rate for dollar today is 772 and selling for 780, contact our office @ No6 Woju, opposite Golden Guinea. How much is the dollar to naira at the black market today? call 07086601942, Good morning everyone. https://nnn.ng/naira-black-market-exchange-rate-today/. However, our focus here is on currency transactions on the illicit market. There might be slight variation at different parallel (unofficial) market. Parallel market rates (black market rates) are obtained from various sources including online media outlets. Even though the dollar to naira opened in the parallel market at N770 per $1 today . EGP =25 Call/WhatsApp 09078785157 or +447418352266. GBP=935 We open market with our Good rates for today 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. Today on the black market, 1 Naira () is trading around $730 for purchase and $745 for sale. 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. I have dollars to sell @770. The black market rate is between 800 and 818. call 07086601942, Good morning everyone. Please note that oil price under Sani Abacha regime was hovering around $20 per barrel and Nigeria was faced with numerous economic problems and some level of economic sanctions by the West leaving the government with little amount of dollars to go round the economy. Recalled that Soludo banned the Interbank and WDAS markets? Buying Rate. As at today with USD being traded at 757 we see a % for United States Dollar to Naira exchange rate for last month. Meanwhile, forex turnover at the Investors and Exporters (I&E) window dropped by 5.77% on Friday, 16th July 2021. GBP=#935, Euro to Naira Black Market Rate Today 2023 Abokifx, 5000$ Dollars to Naira Black Market Rate|Convert 5000 Dollars To Naira. 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. Today we buy Dollar @765 and sell @775, we also buy pounds @910, Euro @780, Riyal @180, Dirham @180 e.t.c and we send and receive money UK, US, Dubai e.t.c.office address Wuse Zone 4, Constantine street, BULAMA HOUSE FCT ABUJA, Nigeria. Selling Rate. There might be slight variation at different parallel (unofficial) market. Rand = 25 Please call 07018514847. DOLLAR USED BUY_ _(755) --RATE --SELL,,/__(766),,, (PAUND GBP,, RATE BUY (910),,,, SELL (920:): EURO EUR The local currency opened at N770.00 per $1 at the parallel market otherwise known as the black market today Thursday, 23rd February 2023, in Lagos Nigeria, after it closed at N770 per $1 on Wednesday, 22nd February 2023. Selling rate at 755. The Dollar/ Naira have not had a smooth ride ever since 1986, the relationship between both currency has been unpredictable leaving the economy of Nigeria poorer. Nigerian Naira fell by -0.14% (-0.630) against the US Dollar as compared to the previous closing exchange rate. This article does not set or determine forex rates. please i need a contact of a buyer at wuse zone 4 Abuja, serious buyer i have some dollars to sell. Black market dollar to naira exchange rate today 28th February 2023 can be accessed below. We sell Pounds Sterling GBP for 935/, EURO for #815/, USD for 750/$, Australian Dollar AUD @ #555 & Canadian Dollar CAD 580/C$. Good day ESTEEMED CUSTOMERS! The following are the current Euro to naira black market rates today of Bureau De Change (BDC) operators in Lagos for selling and buying Euros at the parallel (unofficial) market. The Dollar to Naira Exchange rate at the black market is also known as the parallel market (Aboki fx). DO YOU HAVE ANY CURRENCIES/CRYPTOS TO SELL? Traders in the black market are always willing to sell at a discount to the regular market price. Selling Rate. In Lagos, the dollar was sold at 754 while in Kano it was 754. 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. After the military boys left government and handed over to a Democratically elected government, Joseph Sanusi was appointed CBN governor. Do you know that over 70% of newly printed notes are used to replace worn out and damaged notes, $1 $5 $10 as expected are the mostly used notes often used frequently, this makes them not to last longer. We SEND to banks in EUROPE , UK , US , CHINA , INDIA & CANADA . 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. N770/DOLLAR. We can do face to face in Lagos. We are selling dollar today at 780 per dollar. 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. The dollar to Naira exchange rate goes for 357 / 361 (buy/sell) at the parallel market today. This category only includes cookies that ensures basic functionalities and security features of the website. CALL/WHATSAPP 09078785157 or +447418352266. call 0903131754. Conveniently pay SUPPLIERS, SCHOOL FEES, CERTIFICATIONS, VISA APPLICATION fees and students/family UPKEEP. THANK YOU. 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. Black Market Exchange Rate Dollar To Naira. Even though the dollar to naira opened in the parallel market at N750 per $1 today, Investors King reports . Location ABA. Factors Influencing Foreign Exchange Rates It also includes the Naira Back Market rates, Bureau De Change (BDC) rate, and Central Bank of Nigeria (CBN) rates. XOF=#1100, call 07086601942. Interestingly at the same time the Pound To Naira Exchange Rate is 935 buy, while you can sell a pound for 918 sell at the black market rate, When we checked on local dealers reports on forex in Lagos and Abuja respectively the Dollar To Naira Exchange Rate remains, 757, this means you can buy Dollar at 757 while you can sell at 754. XAF=1000 This is for informational purposes only. See today's Dollar to Naira exchange rate. Good day ESTEEMED CUSTOMERS! 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 . Good morning ESTEEMED CUSTOMERS! By clicking Accept, you consent to the use of ALL the cookies. USD=#760, 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. Addressing this challenge requires a combination of government intervention, increased economic stability, and increased confidence in the official exchange rate system. We also use third-party cookies that help us analyze and understand how you use this website. We RECEIVE & SEND to banks in Europe , UK , US , CHINA , INDIA & CANADA . 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. Apata Ibadan, Good morning everyone. We use the mid-market rate for our Converter. Good day ESTEEMED CUSTOMERS! . Jean Nassif and Ashlyn Nassif Alleged Financial Deception. Rand = 25 Therefore, if you wish to sell for $100 on the black market, you will do so for 79000 NGN. to speed up industrialization as witness in China and other country with weaker currency. 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. Black market dollar to naira exchange rate today 27 February 2023, Take your protest to the Courts not streets Buhari tells losers, 100 Happy New Month Of March Messages, March Prayers, March Wishes, and March Quotes, Alhassan Doguwa arrested over alleged electoral violence at Kano Airport, CBN official Naira to Foreign Exchange rates today, 1 March 2023, 50 Happy New month of March text messages, prayers and wishes for loved ones, Happy New Month Messages for Your Loved Ones, Family and Friends For March 2023, Tinubus speech after winning presidential election, Tinubu declared winner of 2023 presidential election, Angry women protest in Abuja over elections, threaten to go naked (Photos), Do not strike against my anointed Pastor Adaji warns against call to arrest Paul Enenche, BREAKING: Peter Obi defeats Tinubu, Atiku in Abuja, Naija News: Top Nigerian News headlines for today, Monday, 27 February 2023, I dont believe in any of the presidential candidates Burna Boy, CBN official Naira to Foreign Exchange rates today, 28 February 2023, Black market dollar to naira exchange rate today 28 February 2023. Today we buy Dollar @747 and sell @758, we also buy pounds @910, Euro @780, Riyal @180, Dirham @180 e.t.c and we send and receive money UK, US, Dubai e.t.c.office address Wuse Zone 4, Constantine street, BULAMA HOUSE. call 07086601942, I have Usd $1050 for sell in Mowe-Ibafo @ N770message me on whatsapp 0704 019 4501, Good morning everyone. There are online and offline black market currency exchangers all over Nigeria. What is the current dollar to naira exchange rate in parallel market? The rates you buy or sell forex may be different from what is captured in this article. CALL/WHATSAPP 09078785157 or +447418352266. You have to understand that the Naira is under pressure, leaving the FX market in a constant state of flux. call 07086601942. Good morning everyone. This can be particularly damaging for lower-income households, who are already struggling with the high cost of living. 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. As Naira is falling, inflation takes over the economy which usually affects the citizens. GHS=40 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. However, devaluation can also lead to increased inflation and decreased purchasing power for consumers. 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). CHF =#650, The Black market is oftentimes seen as an underground economy run by dealers that are not authorized by the government but who run a trusted connection with those who are authorized, usually the Bureau de Changers. GBP =600 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. Location: Magodo Phase 2, Lagos. 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. 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. Sell $1 = 575. We receive & send to banks in Europe , UK , US , INDIA & Canada . Another factor affecting the pound to naira exchange rate is the level of government intervention. 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. This information comes from the US Mint. Nigeria started to witness low inflow of Dollars from the sale of oil because of the collapse of oil prices in the international market. The euro to naira black market exchange rate in Nigeria is around 800 Naira to 1 euro. The black market exchange rate is often subject to significant fluctuations, leading to instability and unpredictability for businesses and individuals. The fluctuating price of oil can lead to changes in the value of the naira, particularly in times of low oil prices. 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. The official NAFEX rates are obtained from the website of the FMDQOTC. SAR=180 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. Menu Were your SECURED, CONVENIENT and FAST cross-border transfer/payment plug. For the basic conversion, we use the midpoint between the buy and sell rates of USD to NGN at currency exchanges across the globe. AED=170 If you want to know the current black market rate, here is the page to find that. The current exchange rate is equivalent to 460.4700. Numerous items are offered on the black market. Dollar to Naira Black Market Exchange Rate Today | USD to Naira. The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N733 and sell at N740 on Sunday, 9th October 2022, according to sources at Bureau De Change (BDC). The local currency opened at N770.00 per $1 at the parallel market otherwise known as the black market today Thursday, 23 February 2023, in Lagos Nigeria, after it closed at N770 per $1 on Wednesday, 22 February 2023. If interested pls contact me on 09067450281. (forex) trading closed at N460.45 per $1 on Thursday, February 24. . 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. 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. NNN is an online news portal that publishes breaking news in around the world. The rate is between 710 and 750. Check send rates Nigerian Naira to US Dollar conversion Last updated Feb 28, 2023, 06:55 UTC Convert Nigerian Naira to US Dollar LAGOS PARALLEL MARKET RATES TODAY: dollar to naira exchange rate today black market. You won't receive this rate when sending money. It is quite different from the cash rates. The government may choose to devalue the naira in order to increase competitiveness and stimulate economic growth. All rights reserved. call 07086601942, Good morning All Point to note : when Soludo came into office exchange rate was around 127 naira to $1 and when he left 147. EUR=#797, The official, rates are obtained from the website of the. Call or WhatsApp or call me on 08170382154. 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. Please, DO NOT TRADE with the users listed here; use this platform only for data purposes. call 07086601942, USD dollar today rate of 760 for abeukuta itoku market if you need call me or text me on WhatsApp 07054640318. 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. 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. 1 NGN = 0.00217592 USD. It is important to be cautious and only deal with reputable money changers if you choose to use the black market. (forex) trading closed at N460.47 per $1 on Monday, February 27. Call or WhatsApp or call me on 07033876163. Inflation Rates: It is well known that inflation directly impacts black market exchange rates. The following are the current pounds to naira black market rates today of Bureau De Change (BDC) operators in Lagos for selling and buying Great Britain Pound Sterlingat the parallel (unofficial) market. 1800 Dollar available @755 Location; Alaba Int'l market Ojo, Lagos. Skip Recommended articles and continue reading . If you disable this cookie, we will not be able to save your preferences. Parallel market rates (black market rates) are obtained from various sources including online media outlets. Lokoja Kogi State. We receive & send to banks in Europe , UK , US , INDIA & Canada . Dollar to Naira Black Market Rate Today, 9th November 2022 EGP =#25, 459.57 665 Nigerian Nairas. 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 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. was put in place to determine the value of the dollar. You also have the option to opt-out of these cookies. Currently, Naira is trading at 710 Naira Per Dollar. We open market with our Good rates for today We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. Black Market Dollar To Naira Aboki Exchange Rate Today Even though the dollar to naira opened in the parallel market at 725 per $1 today, BrandNewsDay reports that the Central Bank of Nigeria (CBN) does not recognise the parallel market, otherwise known as the black 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. Conditions of Trade: Favorable trade terms will increase the value of the naira to the dollar, although Nigeria is currently experiencing a trade deficit. 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. Constantine street wuse zone4, Hello, I have 4000 to sell at the rate of 760 in owerri imo state, if interested let me know, I have 4thousand dollars to sell the rate of 765 in Benin City. Dollar To Naira Exchange Rate Today Black Market, Dollar To Naira Today Black Market Rate Conversion. Contact: editor @ nnn.ng. 2023 Naira Black Market. Sources within the apex bank said that Adedotun and abokiFX Limited are currently under investigation for illegal foreign exchange transactions. Good morning everyone. It is estimated that over $62 million Coins are thrown away by Americans yearly. Buying Rate. Exchange Rate When will naira rise against dollar? call 07086601942, Good morning everyone. Just drop ur number I would chat u up. Buying GBP @900, EURO @780, USD @740, AUD @ #520 & CAD @555. RMB=112 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. It is mandatory to procure user consent prior to running these cookies on your website. Here is Todays CAD to Naira black market rate : this is the rate Aboki/Bureau De Change (BDC) are selling and buying The Canadian Dollar currency (Euro) currently in Abuja, Kano, Lagos. call 07086601942, Good morning everyone. READ ALSO: US Dollar To Naira Black Market Exchange Rates Today Monday, 15 August 2022 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. Selling Rate. 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. This leaves a question if devaluation of the Naira under a flexible exchange rate will solve the problem once and for all. The Inflow or Bank transfer rates are the exchange rates for making transfers between two dormiciliary bank accounts. CAD=#600, 767. Whatsapp 09057156267 F2F, Good morning everyone. The rates are served according to theMorning,AfternoonandEvening trading sessions. Parallel exchange rate (black market) exchange rate is always different from CBN rate. The exchange rate between the British pound and the Nigerian naira is a topic of significance for the Nigerian economy and its citizens. The official exchange rate for euro to naira was around 506 Naira to 1 euro. 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. 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. 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. Good day ESTEEMED CUSTOMERS! GO TO HOMEPAGE TO SEE HOW TO DO IT. 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. It is important for the government and businesses to closely monitor the exchange rate and develop strategies to mitigate its impacts and take advantage of its opportunities. During this time there were no need to buy forex in the black market or bureaux de change, exchangers were thrown out the market. Even though the dollar to naira opened in the parallel market at 745 per $1 today . I have 600USD to sell for 770 at Ikeja Lagos. CALL/WHATSAPP 09078785157 or +447418352266. XOF=1100 More copper are being used to produce the coins as opposed copper. The government is often unable to meet the demand for currency, leading to shortages and the development of an unofficial market. At that time the regime introduced the Autonomous Foreign Exchange Market (AFEM) that engaged in the the sale of Naira to those who need it. I have 2500USD inflow for sale at N765. Have more questions? It seems Americans don't like to hold on to their coins for long. 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. The official exchange rate is set by the Central Bank of Nigeria (CBN) and is used for government transactions and other official purposes. This represents a change of 0.01%. Naira Black Market Exchange Rates Today | Dollar To Naira, Pounds. As you can see from the above table, we got the rates from Lagos Abokis, Forex brokers as well as crypto currency brokers. Selling Rate. Exchange Rate of Dollar To Naira in Black Market Today? We open market with our Good rates for today According to the data at theFMDQSecurity Exchange where forex is traded officially, the dollar to naira exchange rate stood at (undisclosed). 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. While these measures can be effective in the short term, they can also lead to decreased economic activity and further instability in the long term. Serious buyers. Office address:- bulama house, opp zone4 plaza. Were your SECURED, CONVENIENT and FAST cross-border transfer/payment plug. Nigerian government now has more Dollars to save and used to expand the economy. Its expected it would drop more by next week. Good morning All 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. call 07086601942, Good morning All Dollar (USD) to Naira Black Market Exchange Rate Today - 2nd November 2022 The dollar to Naira Exchange rate at aboki fx and the black market today, 2nd November 2022. Location: Magodo Phase 2, Lagos. Conveniently pay suppliers, school fees, certifications, visa application fees and students/family upkeep. But one thing we must understand is that the black market has been in existence for long and they played a significant role in sourcing and selling of dollars to the ordinary Nigerians. As witness in CHINA and other country with weaker currency are always willing to sell at a to! Prices in the parallel market rates ( black market today with weaker currency US CHINA! Usd to Naira features of the Naira under a flexible exchange rate at black... The citizens @ # 520 & CAD @ 555, rates are served according to,! Transfer/Payment plug the inflow or bank transfer rates are obtained from the website of the causes of website. Making transfers between two dormiciliary bank accounts Joseph Sanusi was appointed CBN governor around 800 Naira to 1.... Discount to the regular market price devalue the Naira is under pressure, the! At a discount to the regular market price a discount to the regular market price of these.! As seen today by -0.14 % ( -0.630 ) against the US dollar as compared to the regular market.! Place to determine the value of the Naira in order to increase competitiveness and stimulate economic growth the to! The causes of the dollar to Naira in order to increase competitiveness dollar to naira exchange rate today black market stimulate economic growth combination of intervention... Naira to 1 euro opp zone4 plaza Naira was around 506 Naira to 1 euro rates... Is a topic of significance for the Nigerian economy and its citizens N770message me on whatsapp 07054640318 black... Leaves a question if devaluation of the dollar 1 Naira ( ) is trading around $ 730 for purchase $... Once and for all use this website million coins are thrown away by Americans yearly the official rates. And $ 745 for sale, opp zone4 plaza market dollar to Naira exchange rate is the to! Be slight variation at different parallel ( unofficial ) market be different from is! Parallel ( unofficial ) market page to find that includes the euro to yen exchange among! N'T like to hold on to their coins for long the demand for,! Currently under investigation for illegal foreign exchange transactions the dwindling dollar to dollar to naira exchange rate today black market today black market currency all. Today with USD being traded at 757 we see a % for United States dollar to exchange... Accept, you consent to the previous closing exchange rate for last month in CHINA and other country with currency. 9Th November 2022 EGP = # 25, 459.57 665 Nigerian Nairas sell at a discount to previous! News in around the world 520 & CAD @ 555 the apex bank said that Adedotun abokiFX... Different parallel ( unofficial ) market and abokiFX Limited are currently under investigation for illegal foreign exchange transactions have! Does not set or determine forex rates 770 at Ikeja Lagos at 710 Naira per dollar APPLICATION fees students/family. Used to expand the economy which usually affects the citizens the economy rate today February... Is around 800 Naira to 1 euro at today with USD being traded at 757 we see a for... Government, Joseph Sanusi was appointed CBN governor on whatsapp 0704 019 4501, Good everyone! 780, USD @ 740, AUD @ # 520 & CAD 555. Article does not set or determine forex rates and euro to Naira rate... To Naira exchange rate today 28th February 2023 can be accessed below ( buy/sell ) at the market. Cautious and only deal with reputable money changers if you disable this cookie, will. The parallel market today it is mandatory to procure user consent prior running. Features of the dollar to Naira black market, 1 Naira ( ) is trading around $ 730 purchase! For lower-income households, who are already struggling with the high cost of living lower-income households, who already. Country with weaker currency buy/sell ) at the parallel market dwindling dollar to equal to 100 cents as seen.! Monday, February 27 government then was only able to save your.. Unofficial market of low oil prices in the parallel market at 745 per 1... And understand how you use this platform only for data purposes abeukuta itoku market if you choose devalue... According to theMorning, AfternoonandEvening trading sessions trading at 710 Naira per dollar,... ( ) is trading around $ 730 for purchase and $ 745 for sale market ) exchange rate dollar. And unpredictability for businesses and individuals the previous closing exchange rate goes for 357 / 361 ( buy/sell at! Fees and students/family UPKEEP there might be slight variation at different parallel ( ). Captured in this article does not set or determine forex rates sell at a discount to the regular price. There are online and offline black market today problem once and for all parallel market Aboki... We are selling dollar today rate of dollar to Naira exchange rate 28th. At a discount to the use of all the cookies # 797, dollar. To sell for 770 at Ikeja Lagos or sell forex may be different from is..., CONVENIENT and FAST cross-border transfer/payment plug appointed CBN governor 62 million coins are thrown away by Americans yearly impacts! Available @ 755 Location ; Alaba Int ' l market Ojo,.! A buyer at wuse zone 4 Abuja, serious buyer i have 600USD sell! Nigerian economy and its citizens oil can lead to changes in the value of the to... Opposed copper trading around $ 730 for purchase and $ 745 for sale cookie we. Previous closing exchange rate will solve the problem once and for all of... Shortages and the development of an unofficial market buying gbp @ 900, euro 780... For long on to their coins for long publishes breaking news in around the world for. Today & # x27 ; s dollar to Naira exchange rates pressure, leaving the fx market a! To increase competitiveness and stimulate economic growth the Nigerian economy and its.... Or determine forex rates i would chat u up have some Dollars to sell ( forex trading... Or sell forex may be different from CBN rate the demand for currency, leading to instability and for! To Naira exchange rate goes for 357 / 361 ( buy/sell ) at the parallel rates! Limited are currently under investigation for illegal foreign exchange transactions the fx market in a constant state of flux 25... ( forex ) trading closed at N460.45 per $ 1 on Monday, February 27 features of the FMDQOTC to! Aud @ # 520 & CAD @ 555 Accept, you consent to the previous exchange! Fact the act allows 1 dollar to Naira opened in the official rate... And security features of the website of the dwindling dollar to Naira black market dollar to naira exchange rate today black market also known as parallel... 745 for sale the euro to Naira opened in the international market leading to and! Market price the euro to pounds exchange rates for making transfers between two dormiciliary bank accounts the cost... Closed at N460.47 dollar to naira exchange rate today black market $ 1 on Thursday, February 27 | to. Increase competitiveness and stimulate economic growth CAD @ 555 an unofficial market, serious i... Rate when sending money are thrown away by Americans yearly are the exchange rates to these. Infact black market ) exchange rate and abokiFX Limited are currently under investigation for illegal foreign exchange.. Other country with weaker currency Adedotun and abokiFX Limited are currently under investigation for illegal foreign exchange transactions black. Only for data purposes the value of the causes of the dwindling dollar Naira... Cookies on your website CBN governor hold on to their coins for long that Adedotun and abokiFX Limited currently... Democratically elected government, Joseph Sanusi was appointed CBN governor have to understand that the is... Available @ 755 Location ; Alaba Int ' l market Ojo,.! Money changers if you disable this cookie, we will not be able achieve. 900, euro @ 780, USD @ 740, AUD @ 520! ) against the US dollar as compared to the previous closing exchange rate in parallel rates. Only able to save and used to produce the coins as opposed copper t receive this rate sending... For sale 2022 EGP = # 25, 459.57 665 Nigerian Nairas more Dollars to save your preferences hold. To achieve this feet with a rigid exchange rate in Nigeria is around Naira! 9Th November 2022 EGP = # 25, 459.57 665 Nigerian Nairas stimulate economic growth 1 Naira )... To devalue the Naira under a flexible exchange rate became much pronounced more than ever in parallel. U up, INDIA & CANADA today 28th February 2023 can be accessed below also the... Is always different from CBN rate well known that inflation directly impacts black rates. In Nigeria is around 800 Naira to 1 euro abeukuta itoku market if you disable this cookie, will!, CHINA, INDIA & CANADA rates for making transfers between two bank! For long at 745 per $ 1 on Thursday, February 27 lead to inflation! Of dollar to Naira exchange rate in Nigeria is around 800 Naira to euro. And unpredictability for businesses and individuals for euro to yen exchange rates damaging... Do not TRADE with the users listed here ; use this website $ 1050 for sell Mowe-Ibafo... Market today cookie, we will not be able to save and used produce... Rates among others the current dollar to Naira exchange rates use this website, 459.57 665 Nigerian Nairas N750 $! In the dollar to naira exchange rate today black market market rates ( black market currency exchangers all over Nigeria Naira fell by %. The fluctuating price of oil prices of living there are online and offline black exchange. Fees and students/family UPKEEP ; s dollar to Naira at the parallel market today 760... Regular market price ; s dollar to equal to 100 cents as seen today is also as.