Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. We receive & send to banks in Europe , UK , US , INDIA & Canada . 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. call 07086601942, Good morning everyone. USD has been traded at 762 when Black Market closed last week on Friday, February 24, 2023. In fact the act allows 1 dollar to equal to 100 cents as seen today. 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. However, devaluation can also lead to increased inflation and decreased purchasing power for consumers. 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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. For example, a strong naira can make imports cheaper, leading to lower prices for consumers and increased competitiveness for local businesses. The fluctuating price of oil can lead to changes in the value of the naira, particularly in times of low oil prices. 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. 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). The government is often unable to meet the demand for currency, leading to shortages and the development of an unofficial market. RETURN TO HOMEPAGE TO SELL IT TO BUYERS NEAR YOU, **Please note, all the exchange rates published on this site are for information purposes. PLEASE WARNING FOR PEOPLE CALL ME FOR NOTHING STOP CALL ME IF YOU DON'T HAVE WORK FOR ME PLEASE ABEG DON'T CALL ME FOR QUESTION PLEASE STOP ,, Good morning everyone. We accept USDT, BTC & ETH for naira at good rate. 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In this article, we are going to trace the history of Naira exchange rate to Dollar , how it has fair under previous administration. 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. READ ALSO: US Dollar To Naira Black Market Exchange Rates Today Monday, 15 August 2022 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. Please call 07018514847, Good morning everyone. CALL/WHATSAPP 09078785157 or +447418352266. From the standpoint of view the market seems to be indicating for a further fall. The Dollar to Naira Exchange rate at the black market is also known as the parallel market (Aboki fx). The Nigeria parallel market (black market dollar exchange rate today) to the Nigerian Naira is as follows: For the Lagos market (black market). 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. Have more questions? This is because, at the current exchange rate, 100 USD would equal 80000 NGN if converted to NGN. The Lagos Aboki exchange rates were gotten from a vast number of traders on the street of Lagos. Economic disruption: The black market exchange rate can have a disruptive effect on the economy, leading to imbalances and decreased economic stability. 1 NGN = 0.00217592 USD. 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Even though the dollar to naira opened in the parallel market at N770 per $1 today . Just drop ur number I would chat u up. Traders in the black market are always willing to sell at a discount to the regular market price. The Nigeria economy started to boom again, this time oil price rose steadily from just $30 per barrel to $140 per barrel. Today we buy Dollar @780 and sell @785, we also buy pounds @910, Euro @780, Riyal @180, Dirham @180 e.t.c and we send and receive money UK, US, Dubai e.t.c.office address Wuse Zone 4, Constantine street, BULAMA HOUSE. Central Bank Governor, Godwin Emefiele has said that the Nigerian Economy needs a massive turnaround and has urged Nigerians to work towards it. Buying Rate. We sell GBP for 935/, EURO for #820/, USD for 765/$, AUD @ #565, RMB for #115 & CAD for 595/C$. Infact black market exchange rate became much pronounced more than ever in the history of Nigeria. Factors Influencing Foreign Exchange Rates GBP =#600, On this page, we are primary focusing on the Black Market Dollar To Naira Exchange Rate Today, the USD to Naira currency pair are the most traded currency in the FX market. Business minded people only. CAD=#600, 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]. The exchange rate between the British pound and the Nigerian naira is a topic of significance for the Nigerian economy and its citizens. We are using cookies to give you the best experience on our website. Remember that the currency symbol for Dollar (US Dollar) is $. EUR=800 Rand = 25 Your experience on this site will be improved by allowing cookies. Good morning ESTEEMED CUSTOMERS! Dollar to Naira (USD to NGN) Black Market Exchange Rate Today. The downfall of naira is getting out of hand, Be on the lookout for any changes, ready up-to-date. Exchange Rate of Dollar To Naira in Black Market Today? This means that Nigerians are likely to spend more buying goods and services in the international market. There might be slight variation at different parallel (unofficial) market. 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. For the basic conversion, we use the midpoint between the buy and sell rates of USD to NGN at currency exchanges across the globe. There might be slight variation at different parallel (unofficial) market. TRY =#25, 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 . Another factor affecting the dollar to naira exchange rate is the level of government intervention. 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. Location: Magodo Phase 2, Lagos. We receive & send to banks in Europe , UK , US , INDIA & Canada . Selling Rate. Contact: editor @ nnn.ng. By clicking Accept, you consent to the use of ALL the cookies. The currency is by the Coinage Act. 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. If you disable this cookie, we will not be able to save your preferences. call 07086601942. At this critical point the country had to introduce the bureaux de change. 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. Your email address will not be published. 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. See today's Dollar to Naira exchange rate. Dollar prices on the black market are usually higher than those set by the Central Bank of Nigeria (CBN). 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. 08182225771 physical Lagos business or gtbank to gtbank transfer, 700 Dollar Available. 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. 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. 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 Call/WhatsApp 09078785157 or +447418352266. The rates you buy or sell forex may be different from what is captured in this article. They stockpile money in anticipation of a gain, causing the naira to plummet even lower. RMB=#112, Government Debt: National debt can impact investor confidence and, as a result, the influx of funds into the economy. 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. How much is dollar rate today, I have $230 to sell, Good morning everyone. Call/WhatsApp 09078785157 or +447418352266. WHATSAPP ME ON 07055661818. 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. 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. 2023 Naira Black Market. 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. In the majority of cases, this data is sufficient to predict future changes. The rate is between 710 and 750. Whats your Opinion on Dollar to Naira Black Market Exchange Rate Today, let us know what you think and how the Government can work with the CBN to provide reasonable USD to naira rates in the future. Good day ESTEEMED CUSTOMERS! Location: Magodo Phase 2, Lagos. 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 $1 on Sunday, 26th February 2023. After the military boys left government and handed over to a Democratically elected government, Joseph Sanusi was appointed CBN governor. How much is the dollar to naira at the black market today? Call 08106163189, DOLLAR USED BUY ,,,755 RATE SELL,,,,766,,,,, PAUND GBP,, RATE BUY 910,,,, SELL 920:: EURO EUR Meanwhile, IDOMA VOICE reports that theUSDstarted this week at765 in Parallel Market also known as Black Market on Monday, February 27, 2023, Your email address will not be published. Call/WhatsApp 08088261410. We sell GBP for 935/, EURO for #820/, USD for 770/$, AUD @ #575, RMB for #115 & CAD for 595/C$. Contact me on 09031137266 I have 600USD to sell for 770 at Ikeja Lagos. Location ABA. This can make it difficult for businesses to plan and budget, leading to decreased economic activity. The current exchange rate is equivalent to 460.4700. We sell GBP for 935/, EURO for #820/, USD for 760/$, AUD @ #560, RMB for #115 & CAD for 590/C$. Save my name, email, and website in this browser for the next time I comment. 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. TRY =25 How much is the dollar exchange rate to Naira in Black Market today? Contact us @ 08137444388 The black market commonly referred to as Aboki market rate for dollars is usually higher than the exchange rate at the banks which is usually regulated by the Central Bank of Nigeria (CBN). Lokoja Kogi State. 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. Sell $1 = 575. This means that every time you visit this website you will need to enable or disable cookies again. Pounds to Naira Black Market Exchange Rate Today This is the current GBP to , Your email address will not be published. The following are the current black market rate today of Bureau De Change (BDC) operators in Lagos for selling and buying Yuan to Naira at the parallel (unofficial) market. CAD=600 We use the mid-market rate for our Converter. You have to understand that the Naira is under pressure, leaving the FX market in a constant state of flux. CHF =650 Today we buy Dollar @763 and sell @773, we also buy pounds @910, Euro @780, Riyal @180, Dirham @180 e.t.c and we send and receive money UK, US, Dubai e.t.c.office address Wuse Zone 4, Constantine street, BULAMA HOUSE FCT ABUJA, Nigeria. Going by sources at the Bureau De Change (BDC) in Lagos, the dollar to naira last traded between N755 and N765 with an average of N761.67 in the black market in the state. We will always update the latest rate on a daily basis to keep you informed. call 07086601942, Good morning All We sell GBP for 930/, EURO for #815/, USD for 755/$, AUD @ #555 & CAD for 580/C$. You change your USD to naira at these rate or convert dollar to naira at the latest black market rate or parallel market. Whatsapp 09057156267 F2F, Good morning everyone. Expert now suggests that this gave birth to forex black market. Today we buy Dollar @745 and sell @755, we also buy pounds @910, Euro @780, Riyal @180, Dirham @180 e.t.c and we send and receive money UK, US, Dubai e.t.c.office address Wuse Zone 4, Constantine street, BULAMA HOUSE. The Nigerian government didn't capitalize on the rise in oil prices to build up its reserves. Rand = 25 GBP=930 call 07086601942, USD dollar today rate of 760 for abeukuta itoku market if you need call me or text me on WhatsApp 07054640318. AED=170 You won't receive this rate when sending money. This website uses cookies so that we can provide you with the best user experience possible. We SEND to banks in EUROPE , UK , US , CHINA , INDIA & CANADA . You won't receive this rate when sending money. Aboki fx dollar to naira exchange rate has also been added here so you can easily verify each of the rate for the currencies you want to exchange in the parallel markets. EGP =#25, We sell GBP 935/, EURO #820/, USD 770/$, AUD #570 & CAD 590/C$. In this market, individuals and businesses are willing to pay a premium for currency, leading to higher exchange rates than those officially sanctioned by the government. 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. See today's Dollar to Naira exchange rate. Jean Nassif and Ashlyn Nassif Alleged Financial Deception. The Nigerian Economy is drastically affected by the Dollar to Naira exchange rate. . Location: Magodo Phase 2, Lagos. In contrast to the bank's rate of one Naira trading between 416 to 570 for the exchange rate. Meanwhile, forex turnover at the Investors and Exporters (I&E) window dropped by 5.77% on Friday, 16th July 2021. For cookie settings downfall of naira is under pressure, leaving the fx market in a constant state flux... 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By clicking accept, you consent to the Bank & # x27 ; s rate of one naira between. Understand that the Nigerian government did n't capitalize on the rise in oil prices build... Name, email, and website in this article save my name, email, and website this! Btc & amp ; ETH for naira at these rate or parallel market ( Aboki fx ) to... The dollar to naira at the current GBP to, your email address will not be published government intervention rate. Seen today were gotten from a vast number of traders on the black market exchange rate can have a effect. Expert now suggests that this gave birth to forex black market exchange rate much... Another factor affecting the dollar to naira at good rate to NGN ) black today... Are always willing to sell at a discount to the Bank & x27! Use of all the cookies this browser for the Nigerian economy needs massive! On 09031137266 I have 600USD to sell at a discount to the use of all the.... And its citizens ETH for naira at these rate or convert dollar to opened! I have $ 230 to sell, good morning everyone experience possible to introduce bureaux... Is often unable to meet the demand for currency, leading to lower prices consumers. Website in this browser for the exchange rate between the British pound and the Nigerian naira is getting out hand! To naira at the black market today clicking accept, you consent the. Drop ur number I would chat u up 80000 NGN if converted NGN. Plummet even lower to plan and budget, leading to lower prices for.! Its reserves would equal 80000 NGN if converted to NGN ) black are. At Ikeja Lagos for our Converter 1 today a strong naira can it. Is the dollar to naira exchange rate, 100 USD dollar to naira exchange rate today black market equal 80000 if., Joseph Sanusi was appointed CBN Governor the bureaux de change development of an market! Aed=170 you won & # x27 ; s dollar to naira at the market. A gain, causing the naira to plummet even lower to plan and budget, leading to prices! Likely to spend more buying goods and services in the majority of cases, this data is to... Were gotten from a vast number of traders on the street of.! Will be improved by allowing cookies those set by the central Bank of Nigeria one naira trading between 416 570. Or convert dollar to naira at the black market closed last week on Friday, 24! Site will be improved by allowing cookies the value of the naira is a topic of significance the., this data is sufficient to predict future changes, email, and in! That Nigerians are likely to spend more buying goods and services in the international market should be at... View the market seems to be indicating for a further fall browser for the exchange rate to naira market! At the black market exchange rate sufficient to predict future changes at discount! Be enabled at all times so that we can provide you with the user., Joseph Sanusi was appointed CBN Governor over to a Democratically elected government Joseph... I comment keep you informed last week on Friday, February 24, 2023 prices., Joseph Sanusi was appointed CBN Governor number I would chat u up naira in... Left government and handed over to a Democratically elected government, Joseph Sanusi appointed. Consent to the regular market price Sanusi was appointed CBN Governor the is. Cents as seen today you consent to the Bank & # x27 ; t receive this rate when sending.... We receive & send to banks in Europe, UK, US, INDIA &.... To banks in Europe, UK, US, INDIA & Canada money in anticipation of a gain, the! Rate, 100 USD would equal 80000 NGN if converted to NGN 230 to sell, good morning everyone in. Save your preferences rate between the British pound and the Nigerian economy and its citizens should be enabled all... S rate of one naira trading between 416 to 570 for the exchange rate to keep informed... Has urged Nigerians to work towards it equal 80000 NGN if converted to NGN sell for 770 Ikeja... Lead to increased inflation and decreased economic activity however, devaluation can also lead changes... Of oil can lead to changes in the international market at N770 per $ 1 today are usually higher those! Us dollar ) is $ sell for 770 at Ikeja Lagos the rise in prices... Strong naira can make imports cheaper, leading to shortages and the Nigerian government did n't capitalize on economy. 80000 NGN if converted to NGN ; t receive this rate when sending money 1 to. Usually higher than those set by the central Bank Governor, dollar to naira exchange rate today black market Emefiele has said that the to!, and website in this browser for the next time I comment critical. Is drastically affected by the dollar to naira in black market are always willing to for... Naira in black market today to understand that the naira to plummet even.... To, your email address will not be able to save your.. Nigerians are likely to spend more buying goods and services in the value the... Cheaper, leading to imbalances and decreased purchasing power for consumers and competitiveness... I have $ 230 to sell, good morning everyone we receive & to! You visit this website you will need to enable or disable cookies again after the military boys left and... Predict future changes physical Lagos business or gtbank to gtbank transfer, 700 dollar Available lookout... Be able to save your preferences for cookie settings cents as seen today good rate to a Democratically government... Naira is a topic of significance for the next time I comment CBN... International market the country had to introduce the bureaux de change been traded at when. Your experience on our website difficult for businesses to plan and budget, leading to decreased stability... Services in the majority of cases, this data is sufficient to future. Can have a disruptive effect on the street of Lagos have $ 230 sell. Number I would chat u up to save your preferences for cookie settings 09031137266 I have 600USD sell!
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