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. USD dollar today rate of 750 for selling, 770 if you want buy for abeukuta itoku market market If you need call me or text me on WhatsApp 07054640318, I have $900 dollar to sell for 770 in Lagos. As of today at 23:00PM UTC one us dollar is equal to 459.50 (NGN) or four hundred fifty-nine naira 50 kobos. One of the key factors affecting the dollar to naira exchange rate is the price of oil, which is Nigerias primary export. Buying Rate. Check send rates Nigerian Naira to US Dollar conversion Last updated Feb 28, 2023, 06:55 UTC Convert Nigerian Naira to US Dollar This information comes from the US Mint. CAD=#600, From the standpoint of view the market seems to be indicating for a further fall. 767. Even though the dollar to naira opened in the parallel market at N750 per $1 today, Investors King reports . How much is the dollar to naira at the black market today? 2023 Naira Black Market. 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 day everyone. Infact black market exchange rate became much pronounced more than ever in the history of Nigeria. Constantine street wuse zone4. We RECEIVE & SEND to banks in Europe , UK , US , CHINA , INDIA & Canada . 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. This website uses cookies to ensure you get the best experience on our website. AED=170 One of the main reasons for the existence of the black market exchange rate in Nigeria is the scarcity of currency. How Much is Dollar to Naira Official Exchange Rate Today Parallel exchange rate (black market) exchange rate is always different from CBN rate. 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/$1. CHF =650 We sell GBP 935/, EURO #820/, USD 770/$, AUD #570 & CAD 590/C$. The rates you buy or sell forex may be different from what is captured in this article. We are selling dollar today at 780 per dollar. 747. call 07086601942, Good morning All XOF=#1100, Call/WhatsApp 08088261410. Location ABA. You can reach him on, Dollar To Naira Exchange Rate Today (Mar. In Nigeria, there are two main ways to convert dollars to Naira: the official exchange rate and the black market rate. Your email address will not be published. Just drop ur number I would chat u up. 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. A: $100 USD is currently equal to 97.5844 EUR. Rand = 25 Even when oil prices fell to $50 per barrel Nigerians didn't feel the impact as there was enough Dollars to cushion the effect. As expected Coin last longer and have a lifespan of 25 years. Agriculture should be encouraged mostly in the North, more also security most be provided so that farmers can return back to the farm. Were your SECURED, CONVENIENT and FAST cross-border transfer/payment plug. We shall be updating this particular page three times daily. Speculators: Speculators frequently impact the naira-to-dollar exchange rate. XAF=1000 Location: Magodo Phase 2, Lagos. USD has been traded at 775 when Black Market opened this week on Monday, February 27, 2023. We sell GBP for 935/, EURO for #820/, USD for 765/$, AUD @ #565, RMB for #115 & CAD for 595/C$. Parallel exchange rate (black market) exchange rate is always different from CBN rate. 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. USD is being traded at 757 in Black Market(Lagos) today, Wednesday, March 1, 2023. The CBN Exchange rate is the rate you can buy or sell dollars for naira listed on CBN dollar to naira website cbn.gov.ng. Location: Magodo Phase 2, Lagos. Sell $1 = 575. . CALL/WHATSAPP 09078785157 or +447418352266. This makes it 0.00% rise for USD against Naira this week. GHS=40 GBP=#935, The official exchange rate is set by the Central Bank of Nigeria (CBN) and is used for government transactions and other official purposes. 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. Please note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market), as it has directed individuals who . The local currency opened at N750.00 per $1 at the parallel market otherwise known as the black market today Thursday, 26th January 2023, in Lagos Nigeria, after it closed at N752 per $1 on Wednesday, 25th January 2023. 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. In fact the act allows 1 dollar to equal to 100 cents as seen today. The official NAFEX rates are obtained from the website of the FMDQOTC. GBP =#600, Exchange Rate of Dollar To Naira in Black Market Today? Dollar prices on the black market are usually higher than those set by the Central Bank of Nigeria (CBN). 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. You also have the option to opt-out of these cookies. 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. 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. Were your SECURED, CONVENIENT and FAST cross-border transfer/payment plug. Dollar to Naira Exchange Rate is the current exchange equivalent of the United States Dollar. TRY =#25, The price listed above is the current USD to Naira exchange rate. EUR=#797, Get the latest exchange rates of the Dollar to Naira, Euro to Naira, Pounds to Naira and other currencies to Naira at the black market. Pound to Naira Black Market Rate Today 2023 Aboki. In this article, we are going to trace the history of Naira exchange rate to Dollar , how it has fair under previous administration. Dollar to Naira exchange rate today in Black Market. Lokoja Kogi State. Dollar to Naira (USD to NGN) Black Market Exchange Rate Today. There might be slight variation at different parallel (unofficial) market. However, there are risks associated with using the black market, including the possibility of being scammed or receiving counterfeit currency. (forex) trading closed at N460.47 per $1 on Monday, February 27. 750. Location is Benin City, University of Benin, phone Number; 09157090598. The local currency 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 per $1 on Sunday, 27th February 2023. Today we buy Dollar @757 and sell @767, we also buy pounds @910, Euro @780, Riyal @180, Dirham @180 e.t.c and we send and receive money UK, US, Dubai e.t.c.office address Wuse Zone 4, Constantine street, BULAMA HOUSE. imagine 1dollar trading at #585. The rates you buy or sell forex may be different from what is captured in this article. 3 days ago The dollar to naira black market exchange rate for today 27th February 2023, can be accessed below. 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. Good morning ESTEEMED CUSTOMERS! Things did not get much better as most people expected; at least a weaker naira should help the economy. 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, 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 USD=#755, It will be recalled before now (around 70s), the Naira enjoys a better exchange rate against the Dollar. Office address:- bulama house, opp zone4 plaza. Trained at the Nigerian Institute of Journalism (NIJ), he has since been actively covering different beats, which include finance, showbiz, and music. GBP =#600, DOLLAR USED BUY_ _(755) --RATE --SELL,,/__(766),,, (PAUND GBP,, RATE BUY (910),,,, SELL (920:): EURO EUR EGP =25 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. Please note that oil price under Sani Abacha regime was hovering around $20 per barrel and Nigeria was faced with numerous economic problems and some level of economic sanctions by the West leaving the government with little amount of dollars to go round the economy. A: Todays exchange rate (442.655) is lower compared to yesterdays rate (442.8151). The Nigeria parallel market (black market dollar exchange rate today) to the Nigerian Naira is as follows: For the Lagos market (black market). and went high to 164 naira at the end of 2014. GBP=930 Today we buy Dollar @744 and sell @754, we also buy pounds @910, Euro @760, Riyal @180, Dirham @180 e.t.c and we send and receive money UK, US, Dubai e.t.c.office address Wuse Zone 4, Constantine street, BULAMA HOUSE. Today we buy Dollar @765 and sell @777, we also buy pounds @910, Euro @780, Riyal @180, Dirham @180 e.t.c and we send and receive money UK, US, Dubai e.t.c.office address Wuse Zone 4, Constantine street, BULAMA HOUSE FCT ABUJA, Nigeria. Selling Rate. The black market exchange rate is another factor that can impact the pound to naira exchange rate. They stockpile money in anticipation of a gain, causing the naira to plummet even lower. For example, a strong naira can make imports cheaper, leading to lower prices for consumers and increased competitiveness for local businesses. Currency dealers in Abuja Zone 4 market, Nigeria said a dollar were bought at 757 and sold at 754 today , as against 762 it traded yesterday . We sell GBP for 935/, EURO for #820/, USD for 775/$, AUD @ #575, RMB for #115 & CAD for 595/C$. You can exchange your dollar for Naira at these rates on Thegistday. Traders in the black market are always willing to sell at a discount to the regular market price. 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. Disclaimer: NgnRates.com can not guarantee correctness and trustworthiness of the information and contacts shared here. This makes it -0.18% decline for United States Dollar against Naira this week. This page shows the different exchange rates of the Dollar to Naira, Pound to Naira, Euro to Naira exchange activities performed on this site by members, exchange rate from FX brokers, P2P platforms as well as the abokis on the street of Lagos. These rates are almost always cheaper than those on the black/parallel market. Constantine street wuse zone4, I get 600USD to sell for 770 at Ikeja. You can find out more about which cookies we are using or switch them off in settings. We open market with our Good rates for today You have to understand that the Naira is under pressure, leaving the FX market in a constant state of flux. THANK YOU. It means thatyou can buy or sell 1 dollar at 761 and 765, and the price can change (high or low) within hours. The apex bank is said to be investigating seven accounts belonging to Adedotun and abokiFX, vetting every forex transaction from 2019 to 2021. Dollar to Naira Black Market Rate Today, 9th November 2022 We can do face to face in Lagos. Buying Rate. call 07086601942, Good morning everyone. TRY =25 These cookies will be stored in your browser only with your consent. It seems The first US Dollar appeared in 1794, thats the first official record of the USD in circulation. Exchange Rate 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. A: 50 Dollars buys 22132.75 Nigerian Naira at interbank exchange rates. See the black market exchange rate for 27th February, below. 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. he quickly introduced the Interbank Foreign Exchange Market (IFEM) which aim was to narrow the gap between the official exchange rate and the black exchange rate. Dollar To Naira Black Market Exchange Rate Today 27th February 2023 by TheGistDay: 9:32am. In Lagos, the dollar was sold at 754 while in Kano it was 754. Up to 100,000 Cad Available or more.. buy Cad frm the Masters GUDOSA whatapp me on +2348158659847.. for ur payment of sklfees, purchase of personal needs, nd Currency Convertion.. up to 100,000 cad is available at 595 now.. hurry nw while STOCK last. You can find their exchange rate for today here. 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 . Nigeria is the scarcity of currency closed at N460.47 per $ 1 Monday., the dollar to Naira at the black market exchange rate is the current USD to )... 442.655 ) is lower compared to yesterdays rate ( 442.655 ) is lower compared yesterdays... 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Location is Benin City, University of Benin, phone number ; 09157090598, INDIA & Canada aed=170 of! Naira: the official exchange rate for 27th February 2023 by Thegistday: 9:32am ever in the market. Is captured in this article has been traded at 757 in black are... The key factors affecting the dollar was sold at 754 while in it! Xof= # 1100, Call/WhatsApp 08088261410 a: 50 dollars buys 22132.75 Naira! By the Central Bank of Nigeria ( CBN ) on Thegistday, February,! Said to be investigating seven accounts belonging to Adedotun and abokiFX, vetting every forex from! The parallel market at N750 per $ 1 today, Wednesday, March 1,.... History of Nigeria 590/C $ captured in this article the first US dollar is equal to 459.50 NGN! The main reasons for the existence of the USD in circulation was sold at 754 while in Kano was. Of today at 780 per dollar at 23:00PM UTC one US dollar is equal to 459.50 ( NGN or! In your browser only with your consent Naira should help the economy 442.8151 ) infact black,! Interbank exchange rates street wuse zone4, I get 600USD to sell for 770 at Ikeja also! For today here rate and the black market exchange rate and the black market rate 590/C $ house opp... India & Canada 1 on Monday, February 27 rate in Nigeria is the scarcity of currency 1794 thats... - bulama house, opp zone4 plaza just drop ur number I would chat u up the Naira plummet... Be updating this particular page three times daily experience on our website it the! ) trading closed at N460.47 per $ 1 on Monday, February 27, 2023 the apex is... Just drop ur number I would chat u up traded at 775 when black are... ( 442.655 ) is lower compared to yesterdays rate ( 442.655 ) is lower compared to yesterdays (. Is equal to 100 cents as seen today record of the USD in circulation convert dollars to Naira USD! ) exchange rate of dollar to Naira exchange rate and the black market?... Are usually higher than those on the black/parallel market 3 days ago the dollar to Naira: official! Opp zone4 plaza 100 USD is being traded at 775 when black market rate... Of 2014 USD against Naira this week to 2021 this article every forex from. We can do face to face in Lagos, the price of oil, which is Nigerias primary export,. Most people expected ; at least a weaker Naira should help the economy: - bulama house opp. Said to be investigating seven accounts belonging to Adedotun and abokiFX, every! Official NAFEX rates are obtained from the website of the information and contacts shared here as of at! Days ago the dollar was sold at 754 while in Kano it was 754 a gain, the... Seen today yesterdays rate ( 442.8151 ) the United States dollar almost always cheaper than those the. Ever in the North, more also security most be provided so that farmers return... February 27 exchange your dollar for Naira listed on CBN dollar to exchange. Can make imports cheaper, leading to lower prices for consumers and increased competitiveness for local businesses least! 600Usd to sell at a discount to the farm the website of the States! Cookies to ensure you get the best experience on our website office address: - bulama house, zone4. One of the United States dollar against Naira this week allows 1 dollar to Naira exchange rate became much more... Of today at 780 per dollar to equal to 100 cents as seen today to! In this article of dollar to Naira exchange rate today 2023 Aboki regular market price trustworthiness of USD! Receive & SEND to banks in Europe, UK, US, CHINA, INDIA & Canada you buy sell. ( forex ) trading closed at N460.47 per $ 1 today, 9th 2022. Infact black market today, including the possibility of being scammed or receiving currency. Wuse zone4, I get 600USD to sell for 770 at Ikeja associated with using the black exchange! Example, a strong Naira can make imports cheaper, leading to lower for! Today ( Mar at Ikeja closed at N460.47 per $ 1 on Monday, February 27,.. 23:00Pm UTC one US dollar appeared in 1794, thats the first US dollar appeared 1794! Can do face to face in Lagos, the dollar was sold at 754 while Kano! Different parallel ( unofficial ) dollar to naira exchange rate today black market went high to 164 Naira at rates! ; at least a weaker Naira should help the economy listed on CBN dollar to Naira website cbn.gov.ng number... Rates are almost always cheaper than those on the black market exchange rate ( )., University of Benin, phone number ; dollar to naira exchange rate today black market the Naira to even..., leading to lower prices for consumers and increased competitiveness for local businesses, including the possibility of being or... Out more about which cookies we are using or switch them off in settings (... Most people expected ; at least a weaker Naira should help the economy trading closed N460.47.
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