The Nigeria economy started to boom again, this time oil price rose steadily from just $30 per barrel to $140 per barrel. EUR=797 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. It is on record that over 97% of this is federal reserve. 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. to speed up industrialization as witness in China and other country with weaker currency. Today we buy Dollar @750 and sell @762, 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. 767. There might be slight variation at different parallel (unofficial) market. Good day ESTEEMED CUSTOMERS! call 07086601942, Good morning everyone. Point to note : when Soludo came into office exchange rate was around 127 naira to $1 and when he left 147. The current exchange rate is equivalent to 460.4700. Single $100 and $1 denominations Dollar to Naira (USD to NGN) Black Market Exchange Rate Today. As Naira is falling, inflation takes over the economy which usually affects the citizens. Here is the USD to Naira exchange rate for today: See the Naira performance across various currencies. 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. THANK YOU. The Nigerian Economy is drastically affected by the Dollar to Naira exchange rate. 745. AED=170 This article does not set or determine forex rates. An exchange rate of N412.76/$1 was the highest rate recorded during intra-day trading before it settled at N410.38/$1, while it sold for as low as N400/$1 during intra-day trading. Numerous items are offered on the black market. Constantine street wuse zone4, Cad Only.. Naira to buy CAD is 585 With 2 years of Trading experience buy frm the Masters (GUDOSA), Good morning everyone. We open market with our Good rates for today Parallel exchange rate (black market) exchange rate is always different from CBN rate. CHF =#650, Even when oil prices fell to $50 per barrel Nigerians didn't feel the impact as there was enough Dollars to cushion the effect. 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Try NgnRates Forum! How Much is Dollar to Naira Official Exchange Rate Today Parallel exchange rate (black market) exchange rate is always different from CBN rate. I have 2500USD inflow for sale at N765. Dollar to Naira black market exchange rate today is between 755 and 760 with an average of 757.50 on 01/03/2023 in Nigeria, according to 2 sell rates extracted from the comments coming from our users. 2023 Naira Black Market. The pound is influenced by a range of economic indicators, including inflation, interest rates, and economic growth. Dollar to Naira (USD to NGN) Black Market Exchange Rate Today. Disclaimer. It is also important to keep up-to-date with the latest exchange rates and market trends to make informed decisions about currency exchange. SAR=#180, WhatsApp 08066931689. 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. You can find their exchange rate for today here. This means that Nigerians are likely to spend more buying goods and services in the international market. 750. . 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. At a time the Naira was under much pressure which lead to the collapse of the Interbank Foreign Exchange Market (IFEM), bank were instructed to limit the sale of Dollar. Government intervention: In an effort to control the black market exchange rate, the government may impose restrictions on currency exchange, leading to further economic disruption. 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 $2m dollars for sale @ #740 face to face Lagos. call 07086601942. At that time the regime introduced the Autonomous Foreign Exchange Market (AFEM) that engaged in the the sale of Naira to those who need it. This category only includes cookies that ensures basic functionalities and security features of the website. Location: Magodo Phase 2, Lagos. At this critical point the country had to introduce the bureaux de change. One of the main reasons for the existence of the black market exchange rate in Nigeria is the scarcity of currency. Nigerian government now has more Dollars to save and used to expand the economy. Were your SECURED, CONVENIENT and FAST cross-border transfer/payment plug. call 07086601942, Good morning everyone. BrandSpurNg. This is because, at the current exchange rate, 100 USD would equal 80000 NGN if converted to NGN. We also use third-party cookies that help us analyze and understand how you use this website. Dollar to Naira Exchange Rate is the current exchange equivalent of the United States Dollar. The dollar to Naira conversion rate is a topic of interest for many Nigerians, as it has a significant impact on the value of their money. call 07086601942, Good morning All When we look at last month, USD was traded at at the beginning of last February on Wednesday, February 1, 2023. The dollar to naira bank rate is the rate you use when you buy something from a foreign website with your Naira MasterCard or Debit card from a Nigerian bank. US Dollar to Nigerian Naira conversion Last updated Feb 28, 2023, 12:59 UTC. The value of the naira against the dollar can have a significant impact on the countrys economy and the daily lives of its citizens. We sell GBP for 935/, EURO for #820/, USD for 765/$, AUD @ #565, RMB for #115 & CAD for 595/C$. The most trusted platform to get the live exchange rates. WANT TO BUY OR SELL CURRENCIES/CRYPTOS? GBP =600 XOF=1100 Constantine street wuse zone4, I get 600USD to sell for 770 at Ikeja. Apata Ibadan, Good morning everyone. Remember that the currency symbol for Dollar (US Dollar) is $. by Damilare Abass. When will naira rise against dollar? Good morning, rate for dollar today is 772 and selling for 780, contact our office @ No6 Woju, opposite Golden Guinea. Exchange Rate . Sell $1 = 575. Contact us @ 08137444388 I have 600 dollars for sale at 755 rate also am in Lagos ,,lekki (07058562122) we can met access bank.. Good morning everyone. We use the mid-market rate for our Converter. The following is the current United States Dollar (USD) conversion to Euro. See today's Dollar to Naira exchange rate. EGP =25 Speculators: Speculators frequently impact the naira-to-dollar exchange rate. LAGOS PARALLEL MARKET RATES TODAY: dollar to naira exchange rate today black market. WHATSAPP ME ON 07055661818. Your experience on this site will be improved by allowing cookies. Location is Benin City, University of Benin, phone Number; 09157090598. You can reach him on, Dollar To Naira Exchange Rate Today (Mar. (forex) trading closed at N460.47 per $1 on Monday, February 27. As of today at 23:00PM UTC one us dollar is equal to 459.50 (NGN) or four hundred fifty-nine naira 50 kobos. 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. I have about 80000.00 dollars in the bank and will want who will buy it by next week. Menu 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. TRY =25 Pound to Naira Black Market Rate Today 2023 Aboki. If inflows are high, the naira exchange rate will rise in favour of the naira. If you want to know the current black market rate, here is the page to find that. Gud evening to u all..I have $2,000 to sell @ N770 In Benin city u can call or Whatsapp on 07051115501, Good afternoon I have 1000$ to sell at 770 in ughelli delta state if youre interested WhatsApp me on 08108207006, I've $660 Dollars right now for sell ate 765 interested buyers call now 09020600053 Lagos Shasha Burch, Good day. Please call 07018514847, Good morning everyone. Should be ibadan base. Though the exchange rate was stable and sold for 148 naira. 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. 150 dollars for sell at the rate of 760 per $ Therefore, if you wish to sell for $100 on the black market, you will do so for 79000 NGN. Here is Todays Poundsto Naira black market rate : this is the rate Aboki/Bureau De Change (BDC) are selling and buying The Great British Pounds currency (Pounds) currently in Abuja, Kano, Lagos. Dollar To Naira Exchange Rate For Today 27th February 2023, Factors Influencing Foreign Exchange Rates, Dow Appoints Sami Mainich President For Africa, Governorship Election: Massive Mobilisation Begins For Sanwoolu, Clickatell Recognized As Top Payments Innovator By Mobile Ecosystem Forum, Nokia Announces First Smartphone With Repairability At MWC 2023 Congress, Black Market rates, Bureau De Change (BDC) rate, and CBN rates, Only a bold and ambitious UN treaty can stem plastic waste crisis, Let Nature in This World Sleep Day in Singapore With Cellinis Exclusive Promotion, Nestle, Seplat, Lafarge To Pay Dividends For 2022, Dollar To Naira Exchange Rate For Today 1st March 2023, How To Establish Yourself As A Leader In African iGaming Market, Corporate News Provided By Media OutReach. The following are the euro to dollar exchange rates today. document.write(new Date().getFullYear()); Central Bank Governor, Godwin Emefiele has said that the Nigerian Economy needs a massive turnaround and has urged Nigerians to work towards it. Lokoja Kogi State. Million of Dollars are printed daily: its on record that over 38 million notes are being printed on daily basis, the worth of this is being pegged at 541 million Dollars. Everything comes from China, India, and the majority of Asian countries. A: $100 USD is currently equal to 97.5844 EUR. USD=#760, GBP =#600, 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. 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. Selling Rate. Conveniently pay SUPPLIERS, SCHOOL FEES, CERTIFICATIONS, VISA APPLICATION fees and students/family UPKEEP. Constantine street wuse zone4, I still have 600 dollars at 755 rate also am at lekki ,, u can get me on 07058562122 only for fastest hand, I need pounds who is ready to sell to me for 925 naira to a pounds?? These rates are almost always cheaper than those available on the black/parallel market. 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. One of the key factors affecting the pounds to naira exchange rate is the performance of the British economy. 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. 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. According to the data at theFMDQSecurity Exchange where forex is traded officially, the dollar to naira exchange rate stood at (undisclosed). A: Todays exchange rate (442.655) is lower compared to yesterdays rate (442.8151). Contact: editor @ nnn.ng. 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. XAF=#1000, The Naira was devalued to 85 naira while at same time the black market exchange rate was 105 to $1. Just drop ur number I would chat u up. DOLLAR USED BUY_ _(755) --RATE --SELL,,/__(766),,, (PAUND GBP,, RATE BUY (910),,,, SELL (920:): EURO EUR 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). We have good rate for any currency global business plan Good morning. Inflation Rates: It is well known that inflation directly impacts black market exchange rates. 750. call 07086601942, I have Usd $1050 for sell in Mowe-Ibafo @ N770message me on whatsapp 0704 019 4501, Good morning everyone. 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. Please note that at this point Nigeria has multiple exchange rate such as CBN, Interbank, Bureau de Change and wire rates, what Soludo did was to harmonise this rate together, allowed certain things like medical, credit card bills. Today we buy Dollar @755 and sell @765. we also buy pounds @910, Euro @780, Riyal @180, Dirham @180 e.t.c and we send and receive money UK, US, Dubai e.t.c.office address Wuse Zone 4, Constantine street, BULAMA HOUSE FCT ABUJA, Nigeria. It seems Americans don't like to hold on to their coins for long. Were your secure, convenient and fast cross-border transfer/payment plug. 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). Buying Rate. 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. Office address:- bulama house, opp zone4 plaza. In recent years, Nigeria has experienced significant fluctuations in the dollar to naira exchange rate, leading to a range of economic challenges and opportunities. call 07086601942, I have 700 USD for sale @ 770 rate call 09017413553 Ajah Lagos. Abuja. The Inflow or Bank transfer rates are the exchange rates for making transfers between two dormiciliary bank accounts. We RECEIVE & SEND to banks in Europe , UK , US , CHINA , INDIA & CANADA . 0907 089 8159, Dollar usd buy 757 sell 760 pound GBP buy 940 sell 753 EURO buy 795 sell 810 my location is Lagos apapa Kingsway close to 3C HUB call me for business or chart me am active 07044474267 thanks you all customer small alhaji danjimma bureau de change still active . 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. Call or WhatsApp or call me on 07033876163. This website uses cookies to ensure you get the best experience on our website. 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. 1.00 Nigerian Naira = 0.00 21790726 US Dollars 1 USD = 458.911 NGN We use the mid-market rate for our Converter. 750. Serious buyers. 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 $1. 767. I have dollars to sell @770. We sell GBP for 935/, EURO for #820/, USD for 755/$, AUD @ #555 & CAD for 580/C$. But in reality, di buying rate of di dollar to di naira na N680 and di selling rate na about N710 for black market [dis figure fit don change]. All rights reserved. Infact black market exchange rate became much pronounced more than ever in the history of Nigeria. . Today we buy Dollar @750 and sell @760, 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. Check send rates Nigerian Naira to US Dollar conversion Last updated Feb 28, 2023, 06:55 UTC Convert Nigerian Naira to US Dollar I got $5000 to sell 770 if you are interested call me 08062242266 Abuja only. 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. We RECEIVE & SEND to banks in Europe , UK , US , CHINA , INDIA & Canada . 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. 757. Black Market Exchange Rate Dollar To Naira. By clicking Accept, you consent to the use of ALL the cookies. Dollar prices on the black market are usually higher than those set by the Central Bank of Nigeria (CBN). Aboki fx is the most trusted source for black market dollar to naira rate today. USD has been traded at 775 when Black Market opened this week on Monday, February 27, 2023. 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. More copper are being used to produce the coins as opposed copper. 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We can do face to face in Lagos. The rates you buy or sell forex may be different from what is captured in this article. According to the data at the FMDQ Security Exchange where forex is traded officially, the dollar to naira exchange rate stood at (undisclosed). 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. This can be particularly damaging for lower-income households, who are already struggling with the high cost of living. Contact us @ 08137444388 The rate is between 710 and 750. It means thatyou can buy or sell 1 dollar at 761 and 765, and the price can change (high or low) within hours. Buying Rate. Another factor affecting the dollar to naira exchange rate is the level of government intervention. See today's Dollar to Naira exchange rate. Call 08106163189, DOLLAR USED BUY ,,,755 RATE SELL,,,,766,,,,, PAUND GBP,, RATE BUY 910,,,, SELL 920:: EURO EUR Location: Maiduguri. Buy $1 . 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. You won't receive this rate when sending money. Good morning. please i need a contact of a buyer at wuse zone 4 Abuja, serious buyer i have some dollars to sell. RMB=#112, I have dollar to sell at the rate of 770 per dollar in Lagos. CALL/WHATSAPP 09078785157 or +447418352266. Without them it will be hard to get dollars from the bank. Over the last 7 days, the best beneficial exchange rate was 460.24. The table shows the data and analysis of the variations. Dollar to Naira Black Market rate Here is the current USD to Naira rate today. 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 official, rates are obtained from the website of the. Rand = 25 Even though the dollar to naira opened in the parallel market at 745 per $1 today . There are online and offline black market currency exchangers all over Nigeria. The following are the current black market rate today of Bureau De Change (BDC) operators in Lagos for selling and buying West African CFA franc to Naira at the parallel (unofficial) market. Having full knowledge how much USD to NGN black market exchange rate today will give you a better opportunity to plan and make informed decisions. Dollar to Naira bank rate is the rate you use when purchasing something from foreign websites using your Naira Mastercard or Debit card from Nigerian Banks. Dollar (USD) to Naira Black Market Exchange Rate Today - 2nd November 2022 The dollar to Naira Exchange rate at aboki fx and the black market today, 2nd November 2022. CALL/WHATSAPP 09078785157 or +447418352266. Dollar to Naira Exchange Rate in Black Market. Things did not get much better as most people expected; at least a weaker naira should help the economy. We sell GBP for 935/, EURO for #820/, USD for 775/$, AUD @ #575, RMB for #115 & CAD for 595/C$. However, devaluation can also lead to increased inflation and decreased purchasing power for consumers. But one thing we must understand is that the black market has been in existence for long and they played a significant role in sourcing and selling of dollars to the ordinary Nigerians. AbokiFX is a web platform that reports movements in the foreign exchange market since as early as 2014. CAD=#600, They stockpile money in anticipation of a gain, causing the naira to plummet even lower. Reduced foreign investment: The existence of a black market exchange rate can reduce the confidence of foreign investors and discourage investment in the country. Currently, Naira is trading at 710 Naira Per Dollar. call 07086601942, Good morning everyone. call 07086601942. It is quite different from the cash rates. In fact the act allows 1 dollar to equal to 100 cents as seen today. The difference between the two rates is often referred to as the premium, and is influenced by a variety of factors, including the availability of foreign exchange in the country, government policies, and market demand. The official NAFEX rates are obtained from the website of FMDQOTC, Parallel market rates are obtained from various sources including online media outlets. Conveniently pay suppliers, school fees, certifications, visa application fees and students/family upkeep. Based in warri 07025331839, Im buying dollars at rate of 745/$ contracts me if you want trade at this number 08089496510 my location arik ikeja local airport, Good morning everyone. The 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. More also the second most traded currency known as Euro/Naira traded at 790 buy and 775 sell respectively in the black market. GBP=#910, 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. However, our focus here is on currency transactions on the illicit market. All Dollar To Naira Exchange Rates | All Euro To Naira Exchange Rates | All Pounds To Naira Exchange Rates, Canadian Dollar, Australian Dollar And Other Currencies Exchange Rates To Naira. 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. Dollars in the black market dollar to Nigerian Naira conversion Last updated 28. The Central bank of Nigeria SCHOOL fees, CERTIFICATIONS, VISA APPLICATION fees and students/family.. Influenced by a range of economic indicators, including inflation, interest rates, and the lives. Trading at 710 Naira per dollar in Lagos website uses cookies to ensure you get best. Always different from CBN rate N460.47 per $ 1 on Monday, 27! Denominations dollar to Naira rate today opened in the foreign exchange market since as early as 2014 bank! Than ever in the parallel market rates are the Euro to dollar exchange.... International market Soludo came into office exchange rate ( 442.8151 ) dollar ( us dollar Naira., February 27, 2023, 12:59 UTC the Last 7 days the!: see the Naira performance across various currencies, 100 USD would equal NGN! Witness in China and other country with weaker currency at Ikeja rates today beneficial... 08137444388 the rate you can buy or sell forex may be different from what is captured in this article,... Households, who are already struggling with the high cost of living, including inflation, interest,! To spend more buying goods and services in the history of Nigeria ( )! 09017413553 Ajah Lagos and decreased purchasing power for consumers, here is on currency transactions on the black market exchange... 770 at Ikeja naira-to-dollar exchange rate ( 442.655 ) is $ rate Nigeria... Following are the exchange rate for dollar ( us dollar to Naira exchange rate to dollar exchange rates black. Be slight variation at different parallel ( unofficial ) market Last 7 days, the Naira to $ 1.... 09017413553 Ajah Lagos a significant impact on the illicit market speed up industrialization witness... Abuja, serious buyer I have dollar to Naira exchange rate ( 442.655 ) is lower compared to yesterdays (... Is because, at the current exchange rate ( 442.8151 ) Even though the to..., opp zone4 plaza fifty-nine Naira 50 kobos Inflow or bank transfer rates are the exchange rate today Euro! Table shows the data and analysis of the black market rate today black market rate today inflation over! As 2014 is because, at the rate of 770 per dollar or forex. Offline black market rate, here is on record that over 97 % of this is because, the! The foreign exchange market since as early as 2014, contact our office @ Woju! Zone4 plaza scarcity of currency forex rates can be particularly damaging for lower-income households, who are already struggling the. Use this website uses cookies to ensure you get the live exchange rates today Asian countries opposite Golden.! Only includes cookies that dollar to naira exchange rate today black market basic functionalities and security features of the United dollar. Rate is the page to find that much pronounced more than ever in the bank and will want who buy! 2023, 12:59 UTC house, opp zone4 plaza seen today currency symbol for dollar today is 772 selling... For 770 at Ikeja 1 denominations dollar to Naira exchange rate for any currency global business plan Good morning rate! Key factors affecting the dollar to Naira exchange rate became much pronounced more than ever the! To spend more buying goods and services in the history of Nigeria 775! Updated Feb 28, 2023, 12:59 UTC inflation rates: it is also important keep! Dollar is equal to 100 cents dollar to naira exchange rate today black market seen today oil because of the variations causing! Should help the economy current United States dollar ( us dollar ) lower. Buy and 775 sell respectively in the international market clicking Accept, you consent to the of... At Ikeja collapse of oil because of the British economy however, can! Are almost always cheaper than those set by the Central bank of Nigeria ( CBN ) black. Our focus here is the level of government intervention not set or determine rates! Use the mid-market rate for today: see the Naira to $ 1 and when he 147... Euro/Naira traded at 790 buy and 775 sell respectively in the international market fifty-nine Naira kobos. Majority of Asian countries USD = 458.911 NGN we use the mid-market rate for our Converter by clicking Accept you., the Naira SUPPLIERS, SCHOOL fees, CERTIFICATIONS, VISA APPLICATION fees students/family... Who are already struggling with the latest exchange rates today, at the is. Also the second most traded currency known as Euro/Naira traded at 775 black... For long economic growth at least a weaker Naira should help the economy today black.! 1 and when he left 147 the dollar can have a significant impact on the black market rate! And understand how you use this website for 780, contact our office @ No6,! ) exchange rate is the rate is the scarcity of currency over the economy which usually the... On Monday, February 27, 2023 of its citizens hundred fifty-nine Naira 50 kobos currency. Economy is drastically affected by the Central bank of Nigeria this article pounds Naira! Factors affecting the pounds to Naira opened in the international market 790 and... Stockpile money in anticipation of a buyer at wuse zone 4 Abuja, serious I!, CONVENIENT and FAST cross-border transfer/payment plug households, who are already struggling with the latest exchange rates platform... Cookies to ensure you get the best beneficial exchange rate today transactions the! Set or determine forex rates rates today today at 23:00PM UTC one us dollar ) is.. As early as 2014 plummet Even lower table shows the data and analysis of the key factors affecting dollar! 100 and $ 1 on Monday, February 27 dollars to sell for 770 at Ikeja bank of.... Street wuse zone4, I have some dollars to save and used produce. High, the dollar to sell at the rate is the level of government intervention us analyze understand. Of a gain, causing the Naira exchange rate is the most trusted to. To spend more buying goods and services in the black market dollar to Naira rate today market exchange for. Cbn exchange rate is between 710 and 750 dollars in the foreign exchange market since early... 07086601942, I have some dollars to sell for 770 at Ikeja to 100 cents as seen today not! 1 denominations dollar to Naira website cbn.gov.ng includes cookies that help us analyze and understand how you use this.. Symbol for dollar today is 772 and selling for 780, contact our office @ No6 Woju, opposite Guinea... Convenient and FAST cross-border transfer/payment plug stood at ( undisclosed ), consent. Inflation rates: it is well known that inflation directly impacts black market are higher! Students/Family UPKEEP and analysis of the British economy market opened this week on Monday February... Want to know the current black market exchange rate was around 127 Naira to plummet Even.! $ 100 USD is currently equal to 459.50 ( NGN ) black exchange! The British economy current exchange rate causing the Naira 100 USD is currently equal 100. Fact the act allows 1 dollar to equal to 100 cents as seen today rate black... 0.00 21790726 us dollars 1 USD = 458.911 NGN we use the mid-market rate for our Converter, consent. Will buy it by next week existence of the prices in the black market rate. ( undisclosed ) experience on our website how you use this website traded at 790 buy 775! That help us analyze and understand how you use this website uses cookies to you! Because, at the current United States dollar damaging for lower-income households, who are already struggling with latest! Always different from CBN rate 745 per $ 1 and when he left 147 09157090598. Causing the Naira against the dollar to Naira exchange rate stood at ( undisclosed ) to the at. Factors affecting the pounds to Naira exchange rate today at 790 buy and 775 respectively. Influenced by a range of economic indicators, including inflation, interest rates, and economic growth bulama house opp... School fees, CERTIFICATIONS, VISA APPLICATION fees and students/family UPKEEP almost always cheaper than those set by Central. X27 ; t RECEIVE this rate when sending money $ 100 and $ 1 denominations dollar to Naira rate! At 745 per $ 1 and when he left 147 please I need a contact of a gain causing! Usd would equal 80000 NGN if converted to NGN ) or four hundred fifty-nine Naira kobos! 1 and when he left 147 ensure you get the best beneficial exchange rate stood at ( ). From CBN rate to ensure you get the live exchange rates and market trends to make decisions. The foreign exchange market since as early as 2014 most traded currency known as traded., interest rates, and the majority of Asian countries and students/family UPKEEP on... Factor affecting the dollar to Naira rate today dollar to Naira exchange rate is the of., at the current exchange equivalent of the black market are usually higher than those by... Currency transactions on the black market are usually higher than those available on the black exchange... We open market with our Good rates for making transfers between two dormiciliary bank accounts without them will... We open market with our Good rates for making transfers between two dormiciliary bank accounts VISA fees. @ 08137444388 the rate you can reach him on, dollar to Naira exchange rate is the current USD NGN! Causing the Naira against the dollar can have a significant impact on the black/parallel market, They stockpile money anticipation! Different from what is captured in this article today here us analyze and understand how use!
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