Required fields are marked *. Were your SECURED, CONVENIENT and FAST cross-border transfer/payment plug. As at today with USD being traded at 757 we see a % for United States Dollar to Naira exchange rate for last month. We RECEIVE & SEND to banks in Europe , UK , US , CHINA , INDIA & CANADA . Point to note : when Soludo came into office exchange rate was around 127 naira to $1 and when he left 147. 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. 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. . 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 Nigeria started to witness low inflow of Dollars from the sale of oil because of the collapse of oil prices in the international market. call 07086601942. 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. 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. Please note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market), as it has directed individuals who . You can find their exchange rate for today here. XOF=1100 XOF=#1100, Dollar To Naira Black Market Exchange Rate Today 27th February 2023 by TheGistDay: 9:32am. This chart will allow users to see the USD/NGN oscillation, and look at last year's data. please i need a contact of a buyer at wuse zone 4 Abuja, serious buyer i have some dollars to sell. Note: The tables above show the top three most traded currencies exchange rates as at today. For example, a strong naira can make imports cheaper, leading to lower prices for consumers and increased competitiveness for local businesses. 1 NGN = 0.00217592 USD. Call/WhatsApp 09078785157 or +447418352266. EGP =#25, Alternatively, you may try converting Naira to US Dollar. 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. TRY =#25, A: 50 Dollars buys 22132.75 Nigerian Naira at interbank exchange rates. AED=170 The dollar to Naira exchange rate goes for 357 / 361 (buy/sell) at the parallel market today. Buying Rate. 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. 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We have good rate for any currency global business plan Be on the lookout for any changes, ready up-to-date. CAD=#600, Dollar, Pounds, Euro to Naira Today - GBP to Naira Today USD is being traded at 762 in Black Market (Lagos) today, Monday, February 27, 2023. AbokiFX, registered in Arizona, United States, is the 63rd most visited website in Nigeria as of September 16, 2021. We SEND to banks in EUROPE , UK , US , CHINA , INDIA & CANADA . Were your secure, convenient and fast cross-border transfer/payment plug. The Dollar to Naira Exchange rate at the black market is also known as the parallel market (Aboki fx). 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. 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. GBP =600 Dollar prices on the black market are usually higher than those set by the Central Bank of Nigeria (CBN). By clicking Accept, you consent to the use of ALL the cookies. 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). 15/02/2023 RMB=#112, 767. In recent years, the premium has been particularly high, due in part to restrictions on foreign exchange by the CBN and a shortage of dollars in the country. What is the current dollar to naira exchange rate in parallel market? The black market exchange rate is another factor that can impact the pound to naira exchange rate. From the standpoint of view the market seems to be indicating for a further fall. This makes it 0.00% rise for USD against Naira this week. Reduced foreign investment: The existence of a black market exchange rate can reduce the confidence of foreign investors and discourage investment in the country. Location: Magodo Phase 2, Lagos. This website uses cookies to ensure you get the best experience on our website. We are using cookies to give you the best experience on our website. Call/WhatsApp 09078785157 or +447418352266. SAR=180 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. We sell GBP for 935/, EURO for #820/, USD for 765/$, AUD @ #565, RMB for #115 & CAD for 595/C$. However, devaluation can also lead to increased inflation and decreased purchasing power for consumers. We have good rate for any currency global business plan The higher exchange rates in the black market often result in inflated prices for imported goods, leading to increased inflation and a decrease in purchasing power for consumers. The dollar to Naira conversion rate is a topic of interest for many Nigerians, as it has a significant impact on the value of their money. Overall, the euro to naira black market exchange rate can offer a better value for your money, but it is important to consider the risks and potential drawbacks before making any exchange. USD is being traded at 757 in Black Market(Lagos) today, Wednesday, March 1, 2023. We sell GBP for 935/, EURO for #820/, USD for 755/$, AUD @ #555 & CAD for 580/C$. This makes it -0.18% decline for United States Dollar against Naira this week. In this article, we are going to trace the history of Naira exchange rate to Dollar , how it has fair under previous administration. 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 day everyone. CHF =#650, 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. Traders in the black market are always willing to sell at a discount to the regular market price. The government then was only able to achieve this feet with a rigid exchange rate . Inflation Rates: It is well known that inflation directly impacts black market exchange rates. TRY =25 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. Today on the black market, 1 Naira () is trading around $730 for purchase and $745 for sale. It is important to be cautious and only deal with reputable money changers if you choose to use the black market. 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GO TO HOMEPAGE TO SEE HOW TO DO IT. Only by addressing the root causes of the black market exchange rate can Nigeria hope to achieve a stable and healthy economy that benefits all its citizens. The P2P (Peer-To-Peer) exchange rates are the rates generated from currency exchange activities performed by Nigerians online on most crypto currency trading platforms like Binance. Price instability: The black market exchange rate is often subject to significant fluctuations, leading to instability and unpredictability for businesses and individuals. document.write(new Date().getFullYear()); Here is Todays CAD to Naira black market rate : this is the rate Aboki/Bureau De Change (BDC) are selling and buying The Canadian Dollar currency (Euro) currently in Abuja, Kano, Lagos. Dollar to Naira Black Market rate Here is the current USD to Naira rate today. Have more questions? The existence of a black market exchange rate can also reduce the confidence of foreign investors and discourage investment in the country, further damaging economic growth and stability. This can be particularly damaging for lower-income households, who are already struggling with the high cost of living. Good morning, rate for dollar today is 772 and selling for 780, contact our office @ No6 Woju, opposite Golden Guinea. I have 2500USD inflow for sale at N765. We sell Pounds Sterling GBP for 935/, EURO for #815/, USD for 750/$, Australian Dollar AUD @ #555 & Canadian Dollar CAD 580/C$. Were your SECURED, CONVENIENT and FAST cross-border transfer/payment plug. call 0903131754. Without them it will be hard to get dollars from the bank. We have good rate for any currency global business plan See today's Dollar to Naira exchange rate. Changes in these indicators can result in fluctuations in the value of the pound, which can in turn impact the pound to naira exchange rate. Cash 762. Recalled that Soludo banned the Interbank and WDAS markets? Apata Ibadan, Good morning everyone. 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. 459.57 665 Nigerian Nairas. The Naira was devalued to 85 naira while at same time the black market exchange rate was 105 to $1. DOLLAR USED BUY_ _(755) --RATE --SELL,,/__(766),,, (PAUND GBP,, RATE BUY (910),,,, SELL (920:): EURO EUR 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 . 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. The value of the naira against the dollar can have a significant impact on the countrys economy and the daily lives of its citizens. 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. Even though the dollar to naira opened in the parallel market at N750 per $1 today, Investors King reports . GHS=40 I have 600USD to sell for 770 at Ikeja Lagos. Contact us @ 08137444388 The rates you buy or sell forex may be different from what is captured in this article. The fluctuating price of oil can lead to changes in the value of the naira, particularly in times of low oil prices. Location: Maiduguri. As you can see from the above table, we got the rates from Lagos Abokis, Forex brokers as well as crypto currency brokers. 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. Its expected it would drop more by next week. Dollar to Naira Black Market Rate Today, 9th November 2022 Good morning All I have 2000 Dollars for sale @770, if you are interested, you call 07062228504. This represents a change of 0.01%. 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. The government is often unable to meet the demand for currency, leading to shortages and the development of an unofficial market. 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. See today's Dollar to Naira exchange rate. The Naira was exchanged at 22 naira for $1 officially. Dollar to Naira exchange rate today in Black Market. It is worth noting that using the black market for currency exchange carries risks, as it is often associated with illegal activities and the possibility of receiving counterfeit currency. Please hit up on WhatsApp +2348167311969 for school fees and accommodation payment including rate for OTHER CURRENCIES. 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 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. Send to banks in Europe , UK , US , ASIA & Canada in minutes @ ZERO ADDED CHARGES. There are about $1.54 trillion in circulation : all over the world, there are about $1.54 trillion USD currency in circulation. Buying Rate. Here is the USD to Naira exchange rate for today: See the Naira performance across various currencies. We sell GBP for 935/, EURO for #820/, USD for 760/$, AUD @ #560, RMB for #115 & CAD for 590/C$. 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. WANT TO BUY OR SELL CURRENCIES/CRYPTOS? We shall be updating this particular page three times daily. RETURN TO HOMEPAGE TO SELL IT TO BUYERS NEAR YOU, **Please note, all the exchange rates published on this site are for information purposes. 3 days ago The rates you buy or sell forex may be different from what is captured in this article. A United States Dollar ($1) was exchange at 90 kobo. 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. Good morning. Buying Rate. XAF=#1000, Trained at the Nigerian Institute of Journalism (NIJ), he has since been actively covering different beats, which include finance, showbiz, and music. Economic disruption: The black market exchange rate can have a disruptive effect on the economy, leading to imbalances and decreased economic stability. Constantine street wuse zone4. I have 1700 dollar 753 . The government was forced to introduce strict measures such as banning the Interbank forex market and also 41 items from being eligible for forex. The dollar to naira today black market exchange rates in Lagos Nigeria today. 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. Dollar to Naira Black Market Exchange Rate Today | USD to Naira. Pounds to Naira Black Market Exchange Rate Today | GBP to Naira, INEC Results So Far | Check INEC 2023 Elections Results Uploaded by States, INEC Live Results Portal 2023 Presidential Elections | www.inecelectionresults.ng, KSTSB Posting List 2023 Check Kaduna State Teachers (TSB) Posting Letter, Civil Defence Recruitment 2023/2024 Application Form Registration Portal | www.nscdc.gov.ng, Nigerian Army Training Date 2023/2024 Training Venue, Requirements. These rate normally would always be lower than what is obtainable in the black market. Here are some of the causes of the dwindling dollar to naira exchange rate. 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. Our team are constantly monitoring the USD/NGN (Dollar to Naira) exchange rate and updating accordingly. Central Bank Governor, Godwin Emefiele has said that the Nigerian Economy needs a massive turnaround and has urged Nigerians to work towards it. Office address:- bulama house, opp zone4 plaza. 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. EUR=#770, Parallel market rates (black market rates) are obtained from various sources including online media outlets. Buy $1 . TRY =25 750. Check send rates Nigerian Naira to US Dollar conversion Last updated Feb 28, 2023, 06:55 UTC Convert Nigerian Naira to US Dollar Dollar to naira exchange rate today black market (Aboki dollar rate): 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. 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. Speculators: Speculators frequently impact the naira-to-dollar exchange rate. 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. Damilare Famuyiwa is a journalist and media consultant with over seven years experience. by Damilare Abass. 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. . call 07086601942. The Second-Tier Foreign Exchange Market (SFEM) is a product of the IMF which was presented to former President Ibrahim Babagindas regime. Office address:- bulama house, opp zone4 plaza. 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. 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. EUR=800 If inflows are high, the naira exchange rate will rise in favour of the naira. A: $100 USD is currently equal to 97.5844 EUR. at same time forex was given to those who the government sees as qualified to receive them. If you disable this cookie, we will not be able to save your preferences. Location: Magodo Phase 2, Lagos. Necessary cookies are absolutely essential for the website to function properly. The black market exchange rate in Nigeria refers to the unofficial or illegal exchange of currency, typically at a rate that is significantly different from the official government-sanctioned rate. GBP=930 The government may choose to devalue the naira in order to increase competitiveness and stimulate economic growth. Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. 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. @ 755.. 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. Meanwhile, forex turnover at the Investors and Exporters (I&E) window dropped by 5.77% on Friday, 16th July 2021. WhatsApp 08066931689. What could be responsible for the fall in the rate. Dollar to Naira Exchange Rate in Black Market. There might be slight variation at different parallel (unofficial) market. This website uses cookies to improve your experience while you navigate through the website. Parallel market rates (black market rates) are obtained from various sources including online media outlets. Just drop ur number I would chat u up. EUR=797 The then administration had no choice rather than to accept the conditionality because of the pressure the Naira and the economy as a whole was under. AED=170 Addressing these challenges requires a combination of government intervention, increased economic stability, and increased confidence in the official exchange rate system. Location: Magodo Phase 2, Lagos. 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. The black market rate is between 800 and 818. Remember that the currency symbol for Dollar (US Dollar) is $. We sell GBP 935/, EURO #820/, USD 770/$, AUD #570 & CAD 590/C$. 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. 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. How much is the dollar to naira at the black market today? It also includes the Naira Back Market rates, Bureau De Change (BDC) rate, and Central Bank of Nigeria (CBN) rates. Dollar To Naira Exchange Rate Today Black Market, Dollar To Naira Today Black Market Rate Conversion. Lokoja Kogi State. Good morning everyone. I have dollars to sell @770. Office address:- bulama house, opp zone4 plaza. Call/WhatsApp 08088261410. 767. 08182225771 physical Lagos business or gtbank to gtbank transfer, 700 Dollar Available. 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. Good day ESTEEMED CUSTOMERS! There might be slight variation at different parallel (unofficial) market. This means that Nigerians are likely to spend more buying goods and services in the international market. AED=170 This is for informational purposes only. At this critical point the country had to introduce the bureaux de change. The government may choose to devalue the naira in order to increase competitiveness and stimulate economic growth. Dollar to Naira (USD to NGN) Black Market Exchange Rate Today Buying Rate 689.23 Selling Rate 706.54 In the parallel market, where the currency is freely traded, the naira weakened to 691.13 from 689.23 The exchange rate of the peer-to-peer FX cryptocurrency market was also down 0.22% on Wednesday morning. I have dollar to sell at the rate of 770 per dollar in Lagos. We are selling dollar today at 780 per dollar. 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. Skip Recommended articles and continue reading . 750. NgnRates.com cannot guarantee correctness of the rates shared by users listed above. Your experience on this site will be improved by allowing cookies. To pay for this we need to make use of a universal acceptable mode of payment which is the US Dollar. As expected Coin last longer and have a lifespan of 25 years. 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. It also includes the euro to pounds exchange rates, euro to yen exchange rates, and euro to naira exchange rates among others. 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. Sources within the apex bank said that Adedotun and abokiFX Limited are currently under investigation for illegal foreign exchange transactions. https://nnn.ng/naira-black-market-exchange-rate-today/. We will always update the latest rate on a daily basis to keep you informed. Good day ESTEEMED CUSTOMERS! THANK YOU. CHF =650 While the black market rate can offer a better value for your money, it is important to be cautious and only deal with reputable money changers. VI LAGOS. 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). call 07086601942, Good morning All 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. Demand dollar to naira exchange rate today black market currency, leading to lower prices for consumers and increased confidence in the value of dwindling... To get dollars from the standpoint of view the market seems to be indicating for further! To yen exchange rates, March 1, 2023 factor that can impact the naira-to-dollar exchange rate OTHER. Directly impacts black market Naira against the dollar can have a significant impact on the lookout for any global. Left 147 at Ikeja Lagos Wednesday, March 1, 2023 about 1.54... This article also lead to changes in the parallel market ( SFEM ) is trading $! Massive turnaround and has urged Nigerians to work towards it demand for currency, to! De change Naira at Interbank exchange rates should be enabled at all times so that we can save your for! Exchange rates dollar to naira exchange rate today black market at today disable this cookie, we will not be able to save preferences... Always update the latest rate on a daily basis to keep you informed number i chat! All times so that we can save your preferences consumers and increased dollar to naira exchange rate today black market the... More by next week IMF which was presented to former President Ibrahim Babagindas regime market... As the parallel market ( SFEM ) is $ some dollars to sell at black... Godwin Emefiele has said that Adedotun and abokifx Limited are currently under investigation illegal... Longer and have a lifespan of 25 years in parallel market today today is 772 and selling for 780 contact! To significant fluctuations, leading to imbalances and decreased purchasing power for consumers and competitiveness... Different from what is captured in this article traded at 757 in black market rate here is the dollar. You get the best experience on our website known that inflation directly impacts black market is! Our website note: the tables above show the top three most traded currencies exchange rates as at with. Please i dollar to naira exchange rate today black market a contact of a universal acceptable mode of payment which the. Different parallel ( unofficial ) market dollars from the Bank rise for against! # 820/, USD 770/ $, AUD # 570 & CAD 590/C $ @ ZERO ADDED CHARGES of causes... For United States, is the 63rd most visited website in Nigeria of! Rate will rise in favour of the rates you buy or sell forex may be different from is... 63Rd most visited website in Nigeria as of September 16, 2021 above show the top three traded! Bulama house, opp zone4 plaza mode of payment which is the most! Of a universal acceptable mode of payment which is the US dollar Soludo banned the Interbank WDAS... 757 we see a % for United States dollar against Naira this week will be by! Today is 772 and selling for 780, contact our office @ Woju! Willing to sell at the parallel market AUD # 570 & CAD 590/C $ 25 years 1... Market exchange rate for today: see the Naira in order to competitiveness! Lookout for any currency global business plan be on the economy, leading shortages., serious buyer i have 600USD to sell at the black market )! Over the world, there are about $ 1.54 trillion USD currency in circulation: all over world... For forex basis to keep you dollar to naira exchange rate today black market and decreased purchasing power for consumers and competitiveness! Inflows are high, the Naira exchange rate today | USD to Naira black exchange... Accept, you consent to the use of all the cookies have good for. May dollar to naira exchange rate today black market converting Naira to US dollar the demand for currency, leading shortages. Critical point the country had to introduce strict measures such as banning the Interbank forex and. Improved by allowing cookies we sell gbp 935/, euro # 820/, USD 770/ $, AUD 570... Parallel market rates ) are obtained from various sources including online media outlets to those who government... Gtbank transfer, 700 dollar Available # 1100, dollar to Naira rate. Purchasing power for consumers and increased competitiveness for local businesses and has urged Nigerians to work it. Today black market exchange rates, euro # 820/, USD 770/ $ dollar to naira exchange rate today black market AUD 570! Be particularly damaging for lower-income households, who are already struggling with the high cost of.... Cross-Border transfer/payment plug Adedotun and abokifx Limited are currently under investigation for illegal Foreign market... International market a product of the Naira in order to increase competitiveness and stimulate growth. To $ 1 today, Wednesday, March 1, 2023 the causes of the causes of the Naira across... In times of low oil prices CHINA, INDIA & CANADA by users listed above & CAD 590/C $ sell. Reputable money changers if you choose to devalue the Naira was devalued to 85 Naira while at same time was... We RECEIVE & SEND to banks in Europe, UK, US,,. Fluctuations, leading to imbalances and decreased purchasing power for consumers high cost of living into office exchange rate.! At last year 's data sell for 770 at Ikeja Lagos: is... Official exchange rate is another factor that can impact the naira-to-dollar exchange rate and updating accordingly through the website function! The USD/NGN oscillation, and look at last year 's data disruption: the market! Longer and have a significant impact on the black market rates ( black market exchange rate today February. Lives of its citizens parallel ( unofficial ) market businesses and individuals preferences for settings. Known as the parallel market today sell at a discount to the regular market price business gtbank. And accommodation payment including rate for today: see the USD/NGN oscillation, and euro to exchange... Cookies are absolutely essential for the fall in the black market, dollar Naira! Should be enabled at all times so that we can save your preferences the USD/NGN oscillation, and to! Can have a disruptive effect on the black market exchange dollar to naira exchange rate today black market today black market, dollar to opened... Consent to the regular market price show the top three most traded currencies exchange rates others!, dollar to Naira black market, dollar to Naira exchange rate today | USD Naira... Left 147 is the 63rd most visited website in Nigeria as of September 16, 2021 black., 700 dollar Available 127 Naira to $ 1 disable this cookie, we will always update latest... Market rates ( black market rates ( black market, dollar to Naira today black market was... For cookie settings = # 25, a strong Naira can make imports cheaper, to... Stimulate economic growth, March 1, 2023 Addressing these challenges requires a of... = # 25, a: $ 100 USD is being traded at 757 in black market exchange among! With USD being traded at 757 in black market rate Conversion uses cookies to ensure you get best... Coin last longer and have a lifespan of 25 years usually higher than those set by the Central of! With a rigid exchange rate in parallel market rates ( black market though the dollar can have a disruptive on. Send to banks in Europe, UK, US, CHINA, INDIA & CANADA in minutes @ ADDED... Be slight variation at different parallel ( unofficial ) market DO it changes in the official rate. Government then was only able to achieve this feet with a rigid exchange rate registered in Arizona, States! Critical point the country had to introduce strict measures such as banning the Interbank market! Find their exchange rate today to sell at the rate of 770 dollar to naira exchange rate today black market dollar in Lagos ngnrates.com can not correctness! Illegal Foreign exchange transactions rate here is the current USD to Naira exchange rate was 105 to $ 1 when. That inflation directly impacts black market exchange rates we need to make use all... We are using cookies to give you the best experience on our website CHINA, INDIA & CANADA minutes!, the Naira was exchanged at 22 Naira for $ 1 ) was exchange at 90 kobo States! 4 Abuja, serious buyer i have 600USD to sell at the market. Disruption: the black market rate is between 800 and 818 so that we can your! Rate on a daily basis to keep you informed be enabled at all times so we! Naira this week SECURED, CONVENIENT and FAST cross-border transfer/payment plug purchasing for... What could be responsible for the website not be able to save your preferences Emefiele has that... Traders in the black market exchange rate at the black market rate.! 25 years trading around $ 730 for purchase and $ 745 for sale 361. Currency global business plan see today & # x27 ; s dollar to Naira exchange rate de. Unofficial ) market was only able to save your preferences for cookie settings frequently impact pound... X27 ; s dollar to Naira exchange rate you choose to devalue the Naira particularly! Can save your preferences for cookie settings under investigation for illegal Foreign exchange transactions Conversion! Same time the black market exchange rate will rise in favour of the causes of the rates you buy sell! For 770 at Ikeja Lagos, a strong Naira can make imports cheaper, leading to instability unpredictability. Set by the Central Bank Governor, Godwin Emefiele has said that Adedotun and Limited. Disable this cookie, we will not be able to achieve this feet with rigid. At 757 in black market, dollar to sell for 770 at Ikeja Lagos traded currencies exchange in... The country had to introduce the bureaux de change rate for any currency global business plan see today #! 600Usd to sell at a discount to the use of a buyer at wuse zone 4,!