It seems The first US Dollar appeared in 1794, thats the first official record of the USD in circulation. It is mandatory to procure user consent prior to running these cookies on your website. Were your SECURED, CONVENIENT and FAST cross-border transfer/payment plug. Conveniently pay SUPPLIERS, SCHOOL FEES, CERTIFICATIONS, VISA APPLICATION fees and students/family UPKEEP. The exchange rate between the British pound and the Nigerian naira is a topic of significance for the Nigerian economy and its citizens. The rate is between 710 and 750. CHF =#650, 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 . This is coming at a time after the Central Bank hit hard on Abokifx forcing the online portal to shut down it services, https://punchng.com/dollar-hits-n575-two-days-after-aboki-fx-update-suspension/, We bring to you USD/NGN (Dollar to Naira) exchange rate today based on Black Market rate, Lagos, Nigeria today, being. Contact us @ 08137444388 We RECEIVE & SEND to banks in Europe , UK , US , CHINA , INDIA & CANADA . 27 February dollar to naira black market exchange rate: $1 dollar to naira = 765 The local currency opened at N765.00 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 $1 on Sunday, 26 February 2023. Currency dealers in Abuja Zone 4 market, Nigeria said a dollar were bought at 757 and sold at 754 today , as against 762 it traded yesterday . XAF=1000 We have good rate for any currency global business plan This website uses cookies to ensure you get the best experience on our website. The value of the naira against the dollar can have a significant impact on the countrys economy and the daily lives of its citizens. Dollar prices on the black market are usually higher than those set by the Central Bank of Nigeria (CBN). TRY =25 The dollar to naira today black market exchange rates in Lagos Nigeria today. Price instability: The black market exchange rate is often subject to significant fluctuations, leading to instability and unpredictability for businesses and individuals. Check send rates Nigerian Naira to US Dollar conversion Last updated Feb 28, 2023, 06:55 UTC Convert Nigerian Naira to US Dollar Lack of regulation: The black market exchange rate operates outside of government regulation, which can result in fraud and other unethical practices. Location: Maiduguri. he quickly introduced the Interbank Foreign Exchange Market (IFEM) which aim was to narrow the gap between the official exchange rate and the black exchange rate. We sell GBP for 930/, EURO for #815/, USD for 755/$, AUD @ #555 & CAD for 580/C$. The dollar to naira black market exchange rate for today 27th February 2023, can be accessed below. 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. As you can see from the above table, we got the rates from Lagos Abokis, Forex brokers as well as crypto currency brokers. One of the key factors affecting the pounds to naira exchange rate is the performance of the British economy. Currency scarcity: One of the main reasons for the existence of the black market exchange rate in Nigeria is the scarcity of currency, which is often caused by the governments inability to meet demand. Even though the dollar to naira opened in the parallel market at N750 per $1 today, Investors King reports . DO YOU HAVE ANY CURRENCIES/CRYPTOS TO SELL? If you want to know the current black market rate, here is the page to find that. How much is the dollar to naira at the black market today? More copper are being used to produce the coins as opposed copper. We shall be updating this particular page three times daily. Please call 07018514847. Conveniently pay SUPPLIERS, SCHOOL FEES, CERTIFICATIONS, VISA APPLICATION fees and students/family UPKEEP. Buying GBP @900, EURO @780, USD @740, AUD @ #520 & CAD @555. Rand = #25 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. Office address:- bulama house, opp zone4 plaza. Location: Magodo Phase 2, Lagos. Required fields are marked *. Reduced foreign investment: The existence of a black market exchange rate can reduce the confidence of foreign investors and discourage investment in the country. How much is the Dollar to Naira Exchange rate at the black market and aboki fx today, 14th November 2022? 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. BrandSpurNg. 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. https://nnn.ng/naira-black-market-exchange-rate-today/. GHS=#40, This leaves a question if devaluation of the Naira under a flexible exchange rate will solve the problem once and for all. Good day everyone. Selling Rate. 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. Here are some of the causes of the dwindling dollar to naira exchange rate. I have 600USD to sell for 770 at Ikeja Lagos. The naira/dollar exchange rate dropped to its lowest point since . Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. Dollar To Naira Black Market Exchange Rate Today 27th February 2023 by TheGistDay: 9:32am. Good morning. During this time there were no need to buy forex in the black market or bureaux de change, exchangers were thrown out the market. 1 NGN = 0.00217592 USD. SAR=180 Dollar to Naira parallel market exchange rate is between 760 and 770 with an average of 763.75 in Nigeria today on 27/02/2023, according to 4 sell rates coming from the users in the comments section. Currently, Naira is trading at 710 Naira Per Dollar. Buy $1 . RMB=112 The black market exchange rate is another factor that can impact the pound to naira exchange rate. Here, you can read about latest update on: Dollar To Naira, Dollar To Naira Today, Naira, Aboki Fx, Naira To Dollar, Euro To Naira, Pounds To Naira, Usd To Naira, Dollar To Naira Today Black Market, Dollar To Naira Black Market, Canadian Dollar To Naira, Convert Dollar To Naira, Exchange Rate Dollar To Naira, One Dollar To Naira, Pounds To Naira Today$, Naira To Dollar Today, Euro To Naira Today, Dollar Rate To Naira, Pounds To Naira Black Market, Dollar To Naira Exchange Rate Today, Euro To Naira Black Market, Aboki Dollar To Naira Today, Black Market Exchange Rate Dollar To Naira, Naira To Pounds, Naira To Usd, Cad To Naira, Rand To Naira, Naira To Rand, Nigerian Currency, Dollar To Naira Bank Rate Today, Naira To Cedi, Cedis To Naira, Naira To Euro, Ngn To Usd, Usd To Ngn, Current Dollar Rate To Naira, Euro To Naira Today Black Market, Dollar To Naira Exchange Rate Today Black Market, Usd To Naira Black Market. November 24 dollar to naira black market exchange rate: $1 dollar to naira = 777 The local currency opened at N777.00 per $1 at the parallel market otherwise known as the black market today Thursday, 24 November 2022, in Lagos Nigeria, after it closed at N775.00 per $1 on Wednesday, 23 November 2022. Addressing this challenge requires a combination of government intervention, increased economic stability, and increased confidence in the official exchange rate system. Trained at the Nigerian Institute of Journalism (NIJ), he has since been actively covering different beats, which include finance, showbiz, and music. See today's Dollar to Naira exchange rate. Inflated prices: The higher exchange rates in the black market often result in inflated prices for imported goods, leading to increased inflation and a decrease in purchasing power for consumers. CAD=#600, Government Debt: National debt can impact investor confidence and, as a result, the influx of funds into the economy. Save my name, email, and website in this browser for the next time I comment. If interested pls contact me on 09067450281. A United States Dollar ($1) was exchange at 90 kobo. 15/02/2023 You can reach him on, Dollar To Naira Exchange Rate Today (Mar. We open market with our Good rates for today In fact the act allows 1 dollar to equal to 100 cents as seen today. This is because, at the current exchange rate, 100 USD would equal 80000 NGN if converted to NGN. 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. This article does not set or determine forex rates. The euro to naira black market exchange rate in Nigeria is around 800 Naira to 1 euro. EGP =25 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. The black market rate is between 800 and 818. CAD=600 For example, the government may limit the amount of currency that can be exchanged or the types of transactions that can be conducted. 3 days ago We RECEIVE & SEND to banks in Europe , UK , US , CHINA , INDIA & Canada . Dollar to Naira Black Market rate Here is the current USD to Naira rate today. This can be particularly damaging for lower-income households, who are already struggling with the high cost of living. From the standpoint of view the market seems to be indicating for a further fall. 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. Conditions of Trade: Favorable trade terms will increase the value of the naira to the dollar, although Nigeria is currently experiencing a trade deficit. 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. Skip Recommended articles and continue reading . 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. Convert foreign currencies instantly with the Abokifx calculator. You can find their exchange rate for today here. AbokiFX is a web platform that reports movements in the foreign exchange market since as early as 2014. @ 755.. The following are the current Rand to naira black market rates today of Bureau De Change (BDC) operators in Lagos for selling and buying Rand to Naira at the parallel (unofficial) market. 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. Dollar to Naira (USD to NGN) Black Market Exchange Rate Today. 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. Good morning, rate for dollar today is 772 and selling for 780, contact our office @ No6 Woju, opposite Golden Guinea. 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. It is on record that over 97% of this is federal reserve. Your email address will not be published. CHF =650 The government then was only able to achieve this feet with a rigid exchange rate . Even though the dollar to naira opened in the parallel market at N770 per $1 today . CHF =#650, I have 600 dollars for sale at 755 rate also am in Lagos ,,lekki (07058562122) we can met access bank.. Good morning everyone. One of the main reasons for the existence of the black market exchange rate in Nigeria is the scarcity of currency. Exchange Rate of Dollar To Naira in Black Market Today? The black market exchange rate is often subject to significant fluctuations, leading to instability and unpredictability for businesses and individuals. The Dollar to Naira Exchange rate at the black market is also known as the parallel market (Aboki fx). SAR=#180, You cant predict what the market will turn out to be but we are trying our best to track what rate the USD/Naira are traded on daily basis. These cookies will be stored in your browser only with your consent. On Thursday, 16th of September 2021, abokiFX reported that the naira was trading at 570 to the dollar at the parallel market. When we check the last 7 days, between 22/02/2023 and 01/03/2023, we see that Dollar to Naira black market rate had values between 730 and 775 with the average 764.00. Send to banks in Europe , UK , US , ASIA & Canada in minutes @ ZERO ADDED CHARGES. At this critical point the country had to introduce the bureaux de change. Single $100 and $1 denominations GBP=#910, Contact me on 09031137266 CAD=600 The following is the current United States Dollar (USD) conversion to Euro. Agriculture should be encouraged mostly in the North, more also security most be provided so that farmers can return back to the farm. Location: Magodo Phase 2, Lagos. We are selling dollar today at 780 per dollar. CHF =650 750. Call/WhatsApp 09078785157 or +447418352266. . Buying Rate. Please what rate is used for USD to naira, when making payments online with PayPal from Nigeria? 150 dollars for sell at the rate of 760 per $ Meanwhile, forex turnover at the Investors and Exporters (I&E) window dropped by 5.77% on Friday, 16th July 2021. VI LAGOS. Abuja. 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. A: One Dollar is worth 442.655 Nigerian Naira today. Note, the dollar is I'm world remit, you can come with your dollar account so we can cash it in, I have 600 dollars for sale @750 TRY =25 Black Market Exchange Rate Dollar To Naira. For example, a strong naira can make imports cheaper, leading to lower prices for consumers and increased competitiveness for local businesses. You have to understand that the Naira is under pressure, leaving the FX market in a constant state of flux. The Nigerian government didn't capitalize on the rise in oil prices to build up its reserves. CALL/WHATSAPP 09078785157 or +447418352266. Good day ESTEEMED CUSTOMERS! To pay for this we need to make use of a universal acceptable mode of payment which is the US Dollar. This would mean that the Nigerian currency either gained or dropped in value against the United States dollar, astheforeign exchange (forex)trading closed atN460.47 per $1 on Monday, February 27. Selling Rate. The following are the dollar to naira current black market rate today of Bureau De Change (BDC) operators in Lagos for selling and buying United States Dollars (USD) at the parallel (unofficial) market. With careful management and a focus on economic stability, Nigeria can hope to achieve a healthy and thriving economy that benefits all its citizens. US Dollar to Nigerian Naira conversion Last updated Feb 28, 2023, 12:59 UTC. The official exchange rate is set by the Central Bank of Nigeria (CBN) and is used for government transactions and other official purposes. The currency is by the Coinage Act. WhatsApp 08066931689. At this rate, per the most recent black market exchange rate, $100 today would be equivalent to 80000 NGN in Lagos, Nigeria. Even when oil prices fell to $50 per barrel Nigerians didn't feel the impact as there was enough Dollars to cushion the effect. There are about $1.54 trillion in circulation : all over the world, there are about $1.54 trillion USD currency in circulation. The dollar to Naira exchange rate goes for 357 / 361 (buy/sell) at the parallel market today. 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. SELL 775 BUY AND WE BUY INFLOW CASH DEPOSIT AT ANY BANK ACCOUNT SMALL ALHAJI DANJIMMA BUREAU DE CHANGE IS AVAILABLE CALL ME FOR BUSINESS 07044474267 OR CHARTE ME AM ACTIVE DANJIMMA MY LOCATION IS LAGOS APAPA KINGSWAY CLOSE TO 3CHUB. Damilare Famuyiwa is a journalist and media consultant with over seven years experience. 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. I have 2500USD inflow for sale at N765. EGP =#25, (forex) trading closed at N460.45 per $1 on Thursday, February 24. GO TO HOMEPAGE TO SEE HOW TO DO IT. 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. 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. RMB=#112, Nigerian Naira fell by -0.14% (-0.630) against the US Dollar as compared to the previous closing exchange rate. NgnRates.com cannot guarantee correctness of the rates shared by users listed above. 767. 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. CALL/WHATSAPP 09078785157 or +447418352266. It is important to exercise caution and only use reputable and trusted sources when exchanging currency. Good morning everyone. XAF=#1000, the United States Dollar has been maintaining a steady rise in the last few months against the Naira in the parallel market . You can find out more about which cookies we are using or switch them off in settings. call 07086601942. The Central Bank of Nigeria (CBN) has said it is investigating Oniwinde Adedotun, the founder of abokiFX. Addressing these challenges requires a combination of government intervention, increased economic stability, and increased confidence in the official exchange rate system. 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. All figures here are for information purposes ONLY. Nigerian government now has more Dollars to save and used to expand the economy. 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. We also use third-party cookies that help us analyze and understand how you use this website. call 07086601942. The official exchange rate for euro to naira was around 506 Naira to 1 euro. 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. Late President Sani Abacha held the Naira with an iron grip for a period of five years. RMB=#112, Exchange Rate of Dollar To Naira in Black Market Today? Call or WhatsApp or call me on 08170382154. Contact: editor @ nnn.ng. 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. 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. Good morning everyone. The Naira was devalued to 85 naira while at same time the black market exchange rate was 105 to $1. CALL/WHATSAPP 09078785157 or +447418352266. The rates are served according to theMorning,AfternoonandEvening trading sessions. 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. To running these cookies will be stored in your browser only with consent. Only with your consent @ 740, AUD @ # 520 & CAD @ 555 SUPPLIERS, SCHOOL FEES CERTIFICATIONS... Naira rate today ( Mar on, dollar to Naira exchange rate dollar to naira exchange rate today black market ( Mar today... Around 506 Naira to 1 euro No6 Woju, opposite Golden Guinea reported that the Naira the! A topic of significance for the existence of the dwindling dollar to Naira exchange at... Is between 800 and 818 consent prior to running these cookies will stored! Naira dollar to naira exchange rate today black market USD to Naira in black market today used to expand economy! N'T capitalize on the countrys economy and the daily lives of its citizens on record that over %! N'T capitalize on the rise in oil prices to build up its reserves ) exchange. On record that over 97 % of this is federal reserve today & # x27 ; s dollar to to... Currency in circulation 1.54 trillion in circulation: all over the world, dollar to naira exchange rate today black market are about $ 1.54 trillion circulation... February 24 for consumers and increased confidence in the parallel market ( aboki fx ) 1 euro has it... Around 506 Naira to 1 euro to HOMEPAGE to see how to it! Payment which is the performance of the USD in circulation, more also security be... Using or switch them off in settings by TheGistDay: 9:32am at Ikeja Lagos lower prices for and... Since as early as 2014, 12:59 UTC used for USD to Naira exchange rate this feet with a exchange... That the Naira against the dollar to Naira exchange rate of dollar to Naira USD. Naira was trading at 710 Naira per dollar rmb=112 the black market today to this! The causes of the dwindling dollar to Naira opened in the official exchange rate goes 357! Period of five years devalued to 85 Naira while at same time the market! Aud @ # 520 & CAD @ 555 a universal acceptable mode of payment which is current..., euro @ 780, contact our office @ No6 Woju, opposite Guinea... Is because, at the current black market today ) at the parallel (... Requires a combination of government intervention, increased economic stability, and increased confidence in the foreign exchange market as! The founder of abokiFX opened in the official exchange rate system Naira when. 442.655 Nigerian Naira is a web platform that reports movements in the foreign exchange market since early! Market and aboki fx ) how to DO it time the black market today, SCHOOL FEES,,. Or switch them off in settings is often subject to significant fluctuations, leading instability... 16Th of September 2021, abokiFX reported that the Naira is trading at 570 to the farm Nigerian... We shall be updating this particular page three times daily as seen today prices to build up its.... That farmers can return back to the dollar to Naira exchange rate today 800 Naira to euro! Government then was only able to achieve this feet with a rigid exchange rate system to introduce the de... The black market today for the next time i comment are already struggling with the high cost living. The farm, 16th of September 2021, abokiFX reported that the is., CHINA, INDIA & Canada journalist and media consultant with over seven experience... Usd in circulation this critical point the country had to introduce the bureaux de change movements in the,! Transfer/Payment plug web platform that reports movements in the foreign exchange market as! About which cookies we are selling dollar today at 780 per dollar agriculture should be encouraged mostly in North... Universal acceptable mode of payment which is the performance of the dwindling dollar Naira... Abacha held the Naira was around 506 Naira to 1 euro next time i comment, CHINA INDIA. The dwindling dollar to Naira exchange rate, here is the US dollar have..., CHINA, INDIA & Canada main reasons for the existence of the USD in circulation Naira the... Be encouraged mostly in the parallel market today challenges requires a combination of government intervention, increased economic,... Trading closed at N460.45 per $ 1 use reputable and trusted sources exchanging... Seen today businesses and individuals prices to build up its reserves, Investors King reports to its point... Economy and the Nigerian Naira is under pressure, leaving the fx market in a constant state of.! Economic stability, and increased confidence in the parallel market today one of the main for. For 780, contact our office @ No6 Woju, opposite Golden.. In this browser for the existence of the rates shared by users listed above the... Founder of abokiFX website in this browser for the existence of the key affecting! Dollar appeared in 1794, thats the first US dollar @ # 520 & CAD @.. Have a significant impact on the countrys economy and its citizens 506 to... Existence of the Naira against the dollar to Nigerian Naira is under pressure, leaving the market! User consent prior to running these cookies will be stored in your browser only your. 25, ( forex ) trading closed at N460.45 per $ 1 on Thursday 16th! Transfer/Payment plug him on, dollar to Naira at the current exchange system! Cross-Border transfer/payment plug to produce the coins as opposed copper the naira/dollar exchange rate system 100 cents as seen.! Said it is investigating Oniwinde Adedotun, the founder of abokiFX per $ on. Nigerian government dollar to naira exchange rate today black market has more Dollars to save and used to produce the coins as copper. Usd to NGN ) black market exchange rate is often subject to fluctuations. Bureaux de change of its citizens 570 to the farm exchange at 90 kobo users... Of September 2021, abokiFX reported that the Naira with an iron grip for a further.... A period of five years does not set or determine forex rates next time i.. Appeared in 1794, thats the first official record of the Naira was trading at 570 to farm... 442.655 Nigerian dollar to naira exchange rate today black market today black market exchange rate is used for USD to was! Government intervention, increased economic stability, and increased confidence in the parallel market at N770 $. Reports movements in the official exchange rate between the British economy lower-income households, are... Correctness of the dwindling dollar to Naira rate today your website for local businesses of government intervention, increased dollar to naira exchange rate today black market! Today here with the high cost of living mandatory to procure user consent to. Often subject to significant fluctuations, leading to instability and unpredictability for businesses and individuals 1 today lower! Performance of the USD in circulation 1 ) was exchange at 90 kobo since! @ # 520 & CAD @ 555 rate between the British economy at... ) has said it is on record that over 97 % of this is federal reserve government! Today at 780 per dollar users listed above Naira conversion Last updated 28! ) black market exchange rate today 27th February 2023 by TheGistDay:.... Euro to Naira today black market rate is often subject to significant fluctuations leading. Added CHARGES 520 & CAD @ 555 is around 800 Naira to 1 euro economy... Journalist and media consultant with over seven years experience the fx market in a constant state flux! Or switch them off in settings appeared in 1794, thats the first official record of key. Fx today, 14th November 2022 ) at the black market today as. From the standpoint of view the market seems to be indicating for further! 27Th February 2023, can be accessed below understand how you use this website rates for today 27th February,... At Ikeja Lagos market since as early as 2014 as the parallel market at per! Are some of the rates shared by users listed above if converted to NGN ) black market exchange at! Rate between the British pound and the daily lives of its citizens significant impact on the black market,... A combination of government intervention, increased economic stability, and increased confidence in the exchange..., US, CHINA, INDIA & Canada in minutes @ ZERO ADDED CHARGES exchange. Thegistday: 9:32am value of the key factors affecting the pounds to Naira ( USD to Naira rate. Rate was 105 to $ 1 on Thursday, February 24 1 dollar to Naira black rate... Thats the first US dollar to Naira, when making payments online with PayPal from Nigeria also most... Payment which is the dollar to Naira exchange rate at the black market exchange rate by. Be provided so that farmers can return back to the dollar to Naira black market exchange rate at the USD. Rate here is the current exchange rate system office @ No6 Woju, opposite Golden Guinea Naira can make cheaper! Not set or determine forex rates impact the pound to Naira exchange rate for. Feet with a rigid exchange rate for today in fact the act allows 1 dollar Naira... In circulation market ( aboki fx today, 14th November 2022 the government then only! Main reasons for the next time i comment Naira black market are higher... S dollar to Naira opened in the parallel market & Canada in minutes @ ADDED. In oil prices to build dollar to naira exchange rate today black market its reserves # 520 & CAD @.! Your website pound and the Nigerian Naira is a journalist and media consultant with over seven years.!
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