One of the key factors affecting the dollar to naira exchange rate is the price of oil, which is Nigerias primary export. Could you add CAD to Naira black market rate too, please ? Were your SECURED, CONVENIENT and FAST cross-border transfer/payment plug. Numerous items are offered on the black market. Serious buyers. AED=170 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. CHF =650 It is also important to keep up-to-date with the latest exchange rates and market trends to make informed decisions about currency exchange. TRY =#25, Pls I need someone to teach me how to trade on binance. Convert foreign currencies instantly with the Abokifx calculator. Conveniently pay SUPPLIERS , SCHOOL FEES, CERTIFICATIONS, VISA APPLICATION fees and students/family UPKEEP. 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. WANT TO BUY OR SELL CURRENCIES/CRYPTOS? The black market exchange rate is another factor that can impact the dollar to naira exchange rate. 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. 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. Price instability: The black market exchange rate is often subject to significant fluctuations, leading to instability and unpredictability for businesses and individuals. 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. Note: The tables above show the top three most traded currencies exchange rates as at today. call 0903131754. When we look at last month, USD was traded at at the beginning of last February on Wednesday, February 1, 2023. The government may choose to devalue the naira in order to increase competitiveness and stimulate economic growth. Exchange Rate of Dollar To Naira in Black Market Today? IMPORTANT NOTE: The exchange rate changes hourly. it depends on the volume of dollars available and the Demands. In Nigeria, there are two main ways to convert dollars to Naira: the official exchange rate and the black market rate. You can find out more about which cookies we are using or switch them off in settings. Conveniently pay SUPPLIERS, SCHOOL FEES, CERTIFICATIONS, VISA APPLICATION fees and students/family UPKEEP. Pounds to Naira Black Market Exchange Rate Today This is the current GBP to , Your email address will not be published. WHATSAPP ME ON 07055661818. Good day ESTEEMED CUSTOMERS! It is however pertinent to note that theCentral Bank of Nigeria (CBN)does not recognise the parallel market (black market), as it has directed individuals who want to engage inforex to approach their respective banks. Menu Black market dollar to naira exchange rate today 28th February 2023 can be accessed below. Dollar to Naira Black Market Exchange Rate Today | USD to Naira. Lack of regulation: The black market exchange rate operates outside of government regulation, which can result in fraud and other unethical practices. N770/DOLLAR. I got $5000 to sell 770 if you are interested call me 08062242266 Abuja only. Today on the black market, 1 Naira () is trading around $730 for purchase and $745 for sale. Good morning All There might be slight variation at different parallel (unofficial) market. Selling Rate. Good day ESTEEMED CUSTOMERS! 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 government may choose to devalue the naira in order to increase competitiveness and stimulate economic growth. CHF =#650, The government then was only able to achieve this feet with a rigid exchange rate . In the majority of cases, this data is sufficient to predict future changes. Office address:- bulama house, opp zone4 plaza. US Dollar to Nigerian Naira conversion Last updated Feb 28, 2023, 12:59 UTC. 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. Send to banks in Europe , UK , US , ASIA & Canada in minutes @ ZERO ADDED CHARGES. 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 . 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. EGP =25 As at today with USD being traded at 757 we see a % for United States Dollar to Naira exchange rate for last month. 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. Were your secure, convenient and fast cross-border transfer/payment plug. 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. Good morning everyone. CAD=#600, 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. 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. CAD=600 Yesterday Saturday 12th November,2022 black market price of dollar to Naira was at N680/$. The Nigerian economy seems to be a mono economy from the look of things, this means that we rely on foreign goods, services. 770. nairablackmarket.com won't be held responsible for any losses incurred while using this information in carrying out currency exchange activities**. Dollar To Naira Black Market Exchange Rate Today 27th February 2023 by TheGistDay: 9:32am. I have 2000 Dollars for sale @770, if you are interested, you call 07062228504. We SEND to banks in EUROPE , UK , US , CHINA , INDIA & CANADA . Contact me on 09031137266 Required fields are marked *, Black market dollar to naira exchange rate today 1 March 2023. Leave a comment. Admin BrandSpurNg. Should be ibadan base. Everything comes from China, India, and the majority of Asian countries. The rate is between 710 and 750. ASUU Strike: Latest ASUU Strike News Update Today, Leadership Newspaper Today Nigeria News, Naija News Today, 9ja News, Naija Gist, Naija News Now, SEO Blogger Outreach Agency For Guest Posting Services, The Guardian News paper Today Nigeria News. AED=170 As Naira is falling, inflation takes over the economy which usually affects the citizens. (Morning (7am-11:59am), Noon (12pm - 2:59pm), and Evening (3pm to the end of the day). 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. These rate normally would always be lower than what is obtainable in the black market. The apex bank is said to be investigating seven accounts belonging to Adedotun and abokiFX, vetting every forex transaction from 2019 to 2021. SAR=#180, Please call 07018514847. READ ALSO: US Dollar To Naira Black Market Exchange Rates Today Monday, 15 August 2022 This can result in increased inflation and decreased purchasing power for consumers, as well as reduced foreign investment in the country. Black market FX traders have expressed their frustration over the recent cash scarcity crisis across the country . 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. 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. Dollar to Naira exchange rate today in Black Market. Constantine street wuse zone4, Hello, I have 4000 to sell at the rate of 760 in owerri imo state, if interested let me know, I have 4thousand dollars to sell the rate of 765 in Benin City. 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. The local currency ( abokiFx) opened at N757.00 per $1 at the parallel market otherwise known as the black market, today, Sunday, 22nd January 2023, in Lagos Nigeria, after it closed at N7.5700 per $1 on Saturday, 21st January 2023. 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. by Damilare Abass. We have good rate for any currency global business plan Location ABA. Nigerian Naira fell by -0.14% (-0.630) against the US Dollar as compared to the previous closing exchange rate. DO YOU HAVE ANY CURRENCIES/CRYPTOS TO SELL? 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. 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. Addressing this challenge requires a combination of government intervention, increased economic stability, and increased confidence in the official exchange rate system. The following are the current pounds to naira black market rates today of Bureau De Change (BDC) operators in Lagos for selling and buying Great Britain Pound Sterlingat the parallel (unofficial) market. Contact us @ 08137444388 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). We RECEIVE & SEND to banks in Europe , UK , US , CHINA , INDIA & Canada . Location: Magodo Phase 2, Lagos. These rates are almost always cheaper than those available on the black/parallel market. WhatsApp 08066931689. Here is the USD to Naira exchange rate for today: See the Naira performance across various currencies. How much is the Dollar to Naira Exchange rate at the black market and aboki fx today, 14th November 2022? We RECEIVE & SEND to banks in Europe , UK , US , CHINA , INDIA & Canada . Call 08106163189, DOLLAR USED BUY ,,,755 RATE SELL,,,,766,,,,, PAUND GBP,, RATE BUY 910,,,, SELL 920:: EURO EUR WhatsApp me or call on 08170382154. Call/WhatsApp 09078785157 or +447418352266. CALL/WHATSAPP 09078785157 or +447418352266. This is for informational purposes only. The apex bank has therefore directed anyone who requires forex to approach their bank, insisting that the I&E window is the only known exchange. 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