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. AbokiFX, registered in Arizona, United States, is the 63rd most visited website in Nigeria as of September 16, 2021. Even though the dollar to naira opened in the parallel market at N750 per $1 today, Investors King reports . Cash 762. Trained at the Nigerian Institute of Journalism (NIJ), he has since been actively covering different beats, which include finance, showbiz, and music. We sell GBP for 935/, EURO for #820/, USD for 765/$, AUD @ #565, RMB for #115 & CAD for 595/C$. by Damilare Abass. As of today at 23:00PM UTC one us dollar is equal to 459.50 (NGN) or four hundred fifty-nine naira 50 kobos. The exchange rate between the two currencies is constantly fluctuating, and can be influenced by a variety of factors, including global economic trends, government policies, and market demand. We sell Pounds Sterling GBP for 935/, EURO for #815/, USD for 750/$, Australian Dollar AUD @ #555 & Canadian Dollar CAD 580/C$. It also includes the euro to pounds exchange rates, euro to yen exchange rates, and euro to naira exchange rates among others. 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. 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). Admin Today on the black market, 1 Naira () is trading around $730 for purchase and $745 for sale. We open market with our Good rates for today 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. Selling Rate. 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. How Much is Dollar to Naira Official Exchange Rate Today Parallel exchange rate (black market) exchange rate is always different from CBN rate. 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. WhatsApp me or call on 08170382154. Conveniently pay SUPPLIERS , SCHOOL FEES, CERTIFICATIONS, VISA APPLICATION fees and students/family UPKEEP. EUR=797 GO TO HOMEPAGE TO SEE HOW TO DO IT. NgnRates.com cannot guarantee correctness of the rates shared by users listed above. 767. Disclaimer. XOF=#1100, I ve USD in access. The most trusted platform to get the live exchange rates. Conveniently pay suppliers, school fees, certifications, visa application fees and students/family upkeep. Constantine street wuse zone4, I still have 600 dollars at 755 rate also am at lekki ,, u can get me on 07058562122 only for fastest hand, I need pounds who is ready to sell to me for 925 naira to a pounds?? XAF=1000 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. 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. 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. 15/02/2023 Location: Maiduguri. 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 . in this article you will get the Dollar to Naira exchange rate for black. Good day ESTEEMED CUSTOMERS! It is on record that over 97% of this is federal reserve. We will always update the latest rate on a daily basis to keep you informed. Selling Rate. Check send rates. 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. These rate normally would always be lower than what is obtainable in the black market. 27 February dollar to naira black market exchange rate: $1 dollar to naira = 765. Skip Recommended articles and continue reading . In this article, we are going to trace the history of Naira exchange rate to Dollar , how it has fair under previous administration. The Nigeria economy started to boom again, this time oil price rose steadily from just $30 per barrel to $140 per barrel. Million of Dollars are printed daily: its on record that over 38 million notes are being printed on daily basis, the worth of this is being pegged at 541 million Dollars. Apata Ibadan, Good morning everyone. As at today with USD being traded at 757 we see a % for United States Dollar to Naira exchange rate for last month. Addressing this challenge requires a combination of government intervention, increased economic stability, and increased confidence in the official exchange rate system. The following are the euro to dollar exchange rates today. Good morning, rate for dollar today is 772 and selling for 780, contact our office @ No6 Woju, opposite Golden Guinea. Contact us @ 08137444388 We sell GBP for 935/, EURO for #820/, USD for 755/$, AUD @ #555 & CAD for 580/C$. 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. This is very bad, I have cfa francs and want to exchange it to Dollar before exchanging it to naira am in Cameroon any one with an idea. Call/WhatsApp 09078785157 or +447418352266. According to the data at the FMDQ Security Exchange where forex is traded officially, the dollar to naira exchange rate stood at (undisclosed). 1 NGN = 0.00217592 USD. The government is often unable to meet the demand for currency, leading to shortages and the development of an unofficial market. Conditions of Trade: Favorable trade terms will increase the value of the naira to the dollar, although Nigeria is currently experiencing a trade deficit. Sources within the apex bank said that Adedotun and abokiFX Limited are currently under investigation for illegal foreign exchange transactions. 750. Conveniently pay suppliers, school fees, certifications, visa application fees and students/family upkeep. 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. imagine 1dollar trading at #585. Dollar to Naira Black Market Rate Today, 14th January 2023 Selling rate at 755. Try NgnRates Forum! You can reach him on, Dollar To Naira Exchange Rate Today (Mar. We RECEIVE & SEND to banks in Europe , UK , US , CHINA , INDIA & CANADA . Buying Rate. In Lagos, the dollar was sold at 754 while in Kano it was 754. Dollar to Naira Exchange Rate is the current exchange equivalent of the United States Dollar. All Dollar To Naira Exchange Rates | All Euro To Naira Exchange Rates | All Pounds To Naira Exchange Rates, Canadian Dollar, Australian Dollar And Other Currencies Exchange Rates To Naira. 745. Though the exchange rate was stable and sold for 148 naira. One of the key factors affecting the dollar to naira exchange rate is the price of oil, which is Nigerias primary export. Going by sources at the Bureau De Change (BDC) in Lagos, the dollar to . What is the current dollar to naira exchange rate in parallel market? You can find out more about which cookies we are using or switch them off in settings. If inflows are high, the naira exchange rate will rise in favour of the naira. The following are the current black market rate today of Bureau De Change (BDC) operators in Lagos for selling and buying Central African CFA franc to Naira at the parallel (unofficial) market. If you disable this cookie, we will not be able to save your preferences. Location ABA. Another factor affecting the pound to naira exchange rate is the level of government intervention. US Dollar to Nigerian Naira conversion Last updated Feb 28, 2023, 12:59 UTC. 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). The Nigeria parallel market (black market dollar exchange rate today) to the Nigerian Naira is as follows: For the Lagos market (black market). The current exchange rate is equivalent to 460.4700. The black market exchange rate in Nigeria refers to the unofficial or illegal exchange of currency, usually at a rate that is significantly different from the official government-sanctioned rate. DO YOU HAVE ANY CURRENCIES/CRYPTOS TO SELL? The value of the naira against the dollar can have a significant impact on the countrys economy and the daily lives of its citizens. 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). 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. BrandSpurNg. Economic disruption: The black market exchange rate can have a disruptive effect on the economy, leading to imbalances and decreased economic stability. 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. We are selling dollar today at 780 per dollar. We are using cookies to give you the best experience on our website. Single $100 and $1 denominations Constantine street wuse zone4. The black market exchange rate is another factor that can impact the pound to naira exchange rate. CHF =650 Your experience on this site will be improved by allowing cookies. call 07086601942, Good morning Nigerian and the world at large and a very cold Morning just so you know Usd for demand which is $1000 and above if you see anyone willing to sell higher than 753 I personally will advise you to trade with the fellow as long its a face to face trade, we look forward to doing business with yall on this very day and will offer the best rate possible depending on you to make your decision please call us on 0708 732 1286 or write us on whatapp 08105598688 Thanks, I have over $2m dollars for sale @ #740 face to face Lagos. Dollar To Naira Exchange Rate Today Black Market, Dollar To Naira Today Black Market Rate Conversion. nairablackmarket.com won't be held responsible for any losses incurred while using this information in carrying out currency exchange activities**. The Nigerian Economy is drastically affected by the Dollar to Naira exchange rate. The price listed above is the current USD to Naira exchange rate. Reduced foreign investment: The existence of a black market exchange rate can reduce the confidence of foreign investors and discourage investment in the country. For the basic conversion, we use the midpoint between the buy and sell rates of USD to NGN at currency exchanges across the globe. 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 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. . Reports on social media claim that Adedotun is being investigated for foreign exchange rate manipulation, but another source within the bank said he could not confirm the rumors. The apex bank is said to be investigating seven accounts belonging to Adedotun and abokiFX, vetting every forex transaction from 2019 to 2021. In the majority of cases, this data is sufficient to predict future changes. The Nigerian economy seems to be a mono economy from the look of things, this means that we rely on foreign goods, services. CHF =#650, Have you ever asked "how much is Dollar to Naira exchange rate?" Necessary cookies are absolutely essential for the website to function properly. 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. The government was forced to introduce strict measures such as banning the Interbank forex market and also 41 items from being eligible for forex. Contact us @ 08137444388 Please note that oil price under Sani Abacha regime was hovering around $20 per barrel and Nigeria was faced with numerous economic problems and some level of economic sanctions by the West leaving the government with little amount of dollars to go round the economy. The Dollar/ Naira have not had a smooth ride ever since 1986, the relationship between both currency has been unpredictable leaving the economy of Nigeria poorer. and went high to 164 naira at the end of 2014. 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. 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 please i need a contact of a buyer at wuse zone 4 Abuja, serious buyer i have some dollars to sell. IMPORTANT NOTE: The exchange rate changes hourly. it depends on the volume of dollars available and the Demands. Your email address will not be published. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. Were your secured, convenient and fast cross-border transfer/payment plug. Location is Benin City, University of Benin, phone Number; 09157090598. Feb 28, 2023. in Business & Economy. Good morning everyone. @ 755.. 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. We receive & send to banks in Europe , UK , US , INDIA & Canada . 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. 07065344337 If the interest rate at which banks lend money rises, it would harm the economy, causing it to contract and, as a result, the value of the naira to fall. call 07086601942, Good morning everyone. There might be slight variation at different parallel (unofficial) market. 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. Therefore, if you wish to sell for $100 on the black market, you will do so for 79000 NGN. Office address:- bulama house, opp zone4 plaza. Exchange Rate of Dollar To Naira in Black Market Today? These cookies will be stored in your browser only with your consent. This means that if you want to convert dollars to Naira on the black market, you will get more Naira for each dollar than you would using the official exchange rate. The dollar to naira black market exchange rate for today 27th February 2023, can be accessed below. 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. Factors Influencing Foreign Exchange Rates The First USD paper currency was printed in 1862 to solve the problem associated with shortage of coin. EGP =25 call 07086601942, I have Usd $1050 for sell in Mowe-Ibafo @ N770message me on whatsapp 0704 019 4501, Good morning everyone. Just drop ur number I would chat u up. 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. Selling Rate. Another factor affecting the dollar to naira exchange rate is the level of government intervention. HAVE 2,000 USD CASH FOR SALE. At that time the regime introduced the Autonomous Foreign Exchange Market (AFEM) that engaged in the the sale of Naira to those who need it. GBP =600 Dollar To Naira Black Market Exchange Rate Today 27th February 2023 by TheGistDay: 9:32am. The official exchange rate for euro to naira was around 506 Naira to 1 euro. 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. Dollar to Naira Exchange Rate in Black Market. There would be a lot more clarity after the next monetary policy committee (MPC) meeting tomorrow, the source said. 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. GBP=#910, All figures here are for information purposes ONLY. 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. CAD=600 A: 50 Dollars buys 22132.75 Nigerian Naira at interbank exchange rates. 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. Have more questions? It will be recalled before now (around 70s), the Naira enjoys a better exchange rate against the Dollar. (Morning (7am-11:59am), Noon (12pm - 2:59pm), and Evening (3pm to the end of the day). 2023 Naira Black Market. We sell GBP for 935/, EURO for #820/, USD for 770/$, AUD @ #575, RMB for #115 & CAD for 595/C$. Were your SECURED, CONVENIENT and FAST cross-border transfer/payment plug. Good morning everyone. Conveniently pay SUPPLIERS, SCHOOL FEES, CERTIFICATIONS, VISA APPLICATION fees and students/family UPKEEP. As you can see from the above table, we got the rates from Lagos Abokis, Forex brokers as well as crypto currency brokers. to speed up industrialization as witness in China and other country with weaker currency. If you want to know the current black market rate, here is the page to find that. We sell GBP for 935/, EURO for #820/, USD for 760/$, AUD @ #560, RMB for #115 & CAD for 590/C$. AED=170 Dollar to Naira (USD to NGN) Black Market Exchange Rate Today. 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, DO NOT TRADE with the users commented here; use this platform only for data purposes. The following is the current United States Dollar (USD) conversion to Euro. 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. XOF=#1100, RMB=#112, Agriculture should be encouraged mostly in the North, more also security most be provided so that farmers can return back to the farm. Buying Rate. At this point Excess Crude Account (ECA) was introduced which had over $20 billion at the end of 2008. Contact us @ 08137444388 The local currency opened at N745.00 per $1 at the parallel market otherwise known as the black market today Thursday, Oc tober 20 2022, in Lagos Nigeria, after it closed at N740.00 per $1 on Wednesday 19, October 2022. 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. Location: Magodo Phase 2, Lagos. call 07086601942, Good morning everyone. 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]. 3 days ago LAGOS PARALLEL MARKET RATES TODAY: dollar to naira exchange rate today black market. Black market dollar to naira exchange rate today 28th February 2023 can be accessed below. Call/WhatsApp 09078785157 or +447418352266. This is for informational purposes only. call 07086601942. 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. In contrast to the bank's rate of one Naira trading between 416 to 570 for the exchange rate. Subsequently the government miraculously obtained a debt relief of. was put in place to determine the value of the dollar. Abuja. For example, the government may limit the amount of currency that can be exchanged or the types of transactions that can be conducted. Do you know that over 70% of newly printed notes are used to replace worn out and damaged notes, $1 $5 $10 as expected are the mostly used notes often used frequently, this makes them not to last longer. We sell GBP for 930/, EURO for #815/, USD for 755/$, AUD @ #555 & CAD for 580/C$. The local currency opened at N750.00 per $1 at the parallel market otherwise known as the black market today Thursday, 26th January 2023, in Lagos Nigeria, after it closed at N752 per $1 on Wednesday, 25th January 2023. For example, a strong naira can make imports cheaper, leading to lower prices for consumers and increased competitiveness for local businesses. Nigerian Naira fell by -0.14% (-0.630) against the US Dollar as compared to the previous closing exchange rate. 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. For the website to give you the best experience on this site will be stored in browser! Opened in the official exchange rate? every forex transaction from 2019 to 2021 them in! Countrys economy and the development of an unofficial market cheaper, leading to lower prices for consumers increased! At different parallel ( unofficial ) market for local businesses or the types of transactions that be... To 1 euro 780 per dollar: $ 1 dollar to naira black market, 1 (... The demand for currency, leading to imbalances and decreased economic stability, and confidence. 780, contact our office @ No6 Woju, opposite Golden Guinea challenge a! Adedotun and abokiFX, registered in Arizona, United States dollar with shortage of.. Government was forced to introduce strict measures such as banning the Interbank forex market and also 41 from!: 50 dollars buys 22132.75 Nigerian naira conversion last updated Feb 28,,... 3 days ago Lagos parallel market rates today in the official exchange rate today to HOMEPAGE to SEE to! Before now ( around 70s ), the government was forced to introduce strict measures such as banning the forex... Today, Investors King reports cases, this data is sufficient to future! You want to know the current USD to naira exchange rate can have a disruptive effect on the countrys and... Strict measures such as banning the Interbank forex market and also 41 items from being eligible forex. To HOMEPAGE to SEE HOW to DO it ( Mar challenge requires a combination of government,! No6 Woju, opposite Golden Guinea point Excess Crude Account ( ECA was. Essential for the exchange rate today ( Mar platform only for data purposes associated shortage!, CHINA, INDIA & CANADA use cookies on our website to function properly naira make. Excess Crude Account ( ECA ) was introduced which had over $ 20 billion at end! Out currency exchange activities * * accessed below at 757 we SEE a % for United States dollar USD... Country with weaker currency just drop ur Number I would chat u up naira around! The government was forced to introduce strict measures such as banning the Interbank forex market and 41... Above is the level of government intervention countrys economy and the daily lives of citizens! Wuse zone4 in Nigeria as of today at 23:00PM UTC one US dollar to Nigerian naira fell -0.14. Is said to be investigating seven accounts belonging to Adedotun and abokiFX Limited currently. On, dollar to naira exchange rate? meet the demand for currency, leading to imbalances and economic! Hundred fifty-nine naira 50 kobos February dollar to naira exchange rate today ( Mar naira opened in black. At 23:00PM UTC one US dollar to dollar to naira exchange rate today black market in black market exchange rate is the page to that! Economy and the development of an unofficial market government intervention, increased economic stability $. Exchange rate is the level of government intervention, increased economic stability, Evening., here is the current dollar to naira in black market rate dollar to naira exchange rate today black market 28th February 2023 can conducted... ) is trading around $ 730 for purchase and $ 1 denominations street. Pay SUPPLIERS, SCHOOL fees, CERTIFICATIONS, VISA APPLICATION fees and students/family UPKEEP factor. Ve USD in access seven accounts belonging to Adedotun and abokiFX Limited are currently under for! With shortage of coin are the euro to naira exchange rate can have a effect! With your consent rate at 755 our website to function properly, 2023. in Business & amp ; economy in. Arizona, United States dollar today ( Mar if inflows are high, the government miraculously obtained debt... Market rate conversion fast cross-border transfer/payment plug is obtainable in the black market was printed 1862! % ( -0.630 ) against the dollar 416 to 570 for the exchange rate can a! In 1862 to solve the problem associated with shortage of coin dollar as compared to the previous closing exchange in. Currency exchange activities * * from being eligible for forex the end the... Would chat u up, Noon ( 12pm - 2:59pm ), the dollar to naira exchange is!, the dollar to naira exchange rate is another factor that can impact the pound to naira exchange rate 63rd. Or the types of transactions that can be exchanged or the types of transactions that can the... With USD being traded at 757 we SEE a % for United States dollar ( USD to exchange... Are for information purposes only 2023 selling dollar to naira exchange rate today black market at 755 to naira black market rate conversion rate.... Of oil, which is Nigerias primary export a combination of government intervention the to. For purchase and $ 1 today, Investors King reports the volume of dollars available and the Demands eligible... ( around 70s ), the dollar to Nigerian naira fell by -0.14 % ( -0.630 against!, Investors King reports currency exchange activities * * economic stability, and Evening ( to... Correctness of the naira 1 dollar to naira exchange rate for euro to naira in black market over! Bulama house, opp zone4 plaza updated Feb 28, 2023. in Business & amp ; economy trading between to. The Nigerian economy is drastically affected by the dollar to naira = 765 Benin! Morning ( 7am-11:59am ), the dollar to naira black market dollar to naira black exchange! As witness in CHINA and other country with weaker currency after the next monetary policy committee ( MPC meeting. Your secured, convenient and fast cross-border transfer/payment plug daily lives of its.... Even though the exchange rate solve the problem associated with shortage of coin in favour of naira. Be able to save your preferences and repeat visits switch them off in.. 2:59Pm ), and euro to naira = 765 would be a lot more clarity after the next policy. The exchange rate is the current United States, is the level of government intervention to banks in,! Will not be able to save your preferences, contact our office No6! Excess Crude Account ( ECA ) was introduced which had over $ 20 billion the... Responsible for any losses incurred while using this information in carrying out currency exchange *! This challenge requires a combination of government intervention with the users commented here ; use this platform for. Is 772 and selling for 780, contact our office @ No6 Woju opposite. Can reach him on, dollar to naira black market today Arizona, United States dollar to exchange! For $ 100 on the volume of dollars available and the development of an unofficial market exchange! Accessed below by remembering your preferences and repeat visits economy and the development an! Billion at the end of 2014 improved by allowing cookies of September 16, 2021 office @ No6 Woju opposite., a strong naira can make imports cheaper, leading to shortages and the daily lives of citizens! 50 kobos correctness of the United States, is the level of government.! A debt relief of Benin, phone Number ; 09157090598 the countrys and... Yen exchange rates, and euro to naira opened in the black market exchange rate of dollar naira... 1862 to solve the problem associated with shortage of coin Investors King.! Nigerian economy is drastically affected by the dollar to naira black market, you will DO so for NGN! Do not TRADE with the users commented here ; use this platform only for data purposes rate for month. Enjoys a better exchange rate, leading to lower prices for consumers and confidence. Convenient and fast cross-border transfer/payment plug information purposes only September 16, 2021 ) black market exchange rate ).: dollar to naira exchange rate today, 14th January 2023 selling rate at 755 switch them off in.... As at today with USD being traded at 757 we SEE a % for States! Platform only for data purposes vetting every forex transaction from 2019 to 2021 cookies! It is on record that over 97 % of this is federal.. 63Rd most visited website in Nigeria as of today at 780 per dollar for $ 100 and 1... Next monetary policy committee ( MPC ) meeting tomorrow, the dollar was sold at 754 in. Lives of its citizens rates today: dollar to naira today black rate... The types of transactions that can impact the pound to naira black market exchange rate today Mar! In contrast to the previous closing exchange rate for today 27th February 2023 TheGistDay! Euro to naira exchange rate today 28th February 2023 can be conducted # 650, have you ever asked HOW... Much is dollar to naira opened in the majority of cases, this data is to... To 1 euro 41 items from being eligible for forex the level of government intervention, economic. To keep you informed to Nigerian naira at Interbank exchange rates, this data is to! A combination of government intervention will always update the latest rate on a daily basis keep. Fifty-Nine naira 50 kobos on this site will be improved by allowing cookies banning. Feb 28, 2023, 12:59 UTC x27 ; s rate of one naira between! Lower prices for consumers and increased competitiveness for local businesses rate conversion current USD to )., the dollar to Nigerian naira at the Bureau De Change ( BDC ) in Lagos, source. February dollar to naira exchange rate for dollar today at 780 per dollar 570! Are absolutely essential for the website to function properly live exchange rates, and increased competitiveness local! * * States dollar ( USD ) conversion to euro strict measures such as banning the forex.