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. 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. CHF =#650, The official NAFEX rates are obtained from the website of FMDQOTC, Parallel market rates are obtained from various sources including online media outlets. Apata Ibadan, Good morning everyone. Black market dollar to naira exchange rate today 28th February 2023 can be accessed below. Constantine street wuse zone4, Cad Only.. Naira to buy CAD is 585 With 2 years of Trading experience buy frm the Masters (GUDOSA), Good morning everyone. 150 dollars for sell at the rate of 760 per $ Dollar to Naira bank rate is the rate you use when purchasing something from foreign websites using your Naira Mastercard or Debit card from Nigerian Banks. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. It means thatyou can buy or sell 1 dollar at 761 and 765, and the price can change (high or low) within hours. Good morning everyone. 07065344337 I have dollar to sell at the rate of 770 per dollar in Lagos. However, devaluation can also lead to increased inflation and decreased purchasing power for consumers. You won't receive this rate when sending money. They stockpile money in anticipation of a gain, causing the naira to plummet even lower. USD is being traded at 757 in Black Market(Lagos) today, Wednesday, March 1, 2023. NNN is an online news portal that publishes breaking news in around the world. The Nigerian economy seems to be a mono economy from the look of things, this means that we rely on foreign goods, services. Office address: 9 Odunlami St Opposite First Bank, Marina, Lagos. Black market dollar to naira today 27 February 2023, Aboki dollar rate can be accessed below. NgnRates.com cannot guarantee correctness of the rates shared by users listed above. but by 1993 after the brahim Babagindas regime came to an end the Naira has sheded much value and was exchange at 11 naira for $1. Good day ESTEEMED CUSTOMERS! 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 . Expert now suggests that this gave birth to forex black market. (forex) trading closed at N460.45 per $1 on Thursday, February 24. We receive & send to banks in Europe , UK , US , INDIA & Canada . USD=#755, The official exchange rate for euro to naira is set by the Central Bank of Nigeria (CBN) and is typically lower than the black market rate. By clicking Accept, you consent to the use of ALL the cookies. GO TO HOMEPAGE TO SEE HOW TO DO IT. USD dollar today rate of 750 for selling, 770 if you want buy for abeukuta itoku market market If you need call me or text me on WhatsApp 07054640318, I have $900 dollar to sell for 770 in Lagos. See CBN & black market exchange rate for dollar to naira aboki fx. We open market with our Good rates for today 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. In this article, we are going to trace the history of Naira exchange rate to Dollar , how it has fair under previous administration. Today we buy Dollar @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 FCT ABUJA, Nigeria. 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. Damilare Famuyiwa is a journalist and media consultant with over seven years experience. 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. Though the exchange rate fluctuates all the time. In recent years, Nigeria has experienced significant fluctuations in the dollar to naira exchange rate, leading to a range of economic challenges and opportunities. Could you add CAD to Naira black market rate too, please ? CHF =650 To pay for this we need to make use of a universal acceptable mode of payment which is the US Dollar. XOF=1100 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. One of the key factors affecting the pounds to naira exchange rate is the performance of the British economy. The higher exchange rates in the black market often result in inflated prices for imported goods, leading to increased inflation and a decrease in purchasing power for consumers. The dollar to naira 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. In Lagos, the dollar was sold at 754 while in Kano it was 754. Cash 762. call 07086601942, Price for dollar today is 775 and selling for 780, you can contact our office at No6 Woju, opposite Golden Guinea. RMB=#112, We will always update the latest rate on a daily basis to keep you informed. The Second-Tier Foreign Exchange Market (SFEM) is a product of the IMF which was presented to former President Ibrahim Babagindas regime. Currently, Naira is trading at 710 Naira Per Dollar. THANK YOU. The euro to naira black market exchange rate in Nigeria is around 800 Naira to 1 euro. 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. 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. @ 755.. Dollar to Naira Exchange Rate is the current exchange equivalent of the United States Dollar. Feb 28, 2023. in Business & Economy. The government then was only able to achieve this feet with a rigid exchange rate . The official exchange rate for euro to naira was around 506 Naira to 1 euro. We have good rate for any currency global business plan Aboki fx is the most trusted source for black market dollar to naira rate today. At this critical point the country had to introduce the bureaux de change. It is mandatory to procure user consent prior to running these cookies on your website. 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. Today we buy Dollar @747 and sell @758, 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. 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. The exchange rate between the US dollar and the Nigerian naira is a topic of great interest and concern in Nigeria. 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. Contact us @ 08137444388 The official NAFEX rates are obtained from the website of the FMDQOTC. 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. Gud evening to u all..I have $2,000 to sell @ N770 In Benin city u can call or Whatsapp on 07051115501, Good afternoon I have 1000$ to sell at 770 in ughelli delta state if youre interested WhatsApp me on 08108207006, I've $660 Dollars right now for sell ate 765 interested buyers call now 09020600053 Lagos Shasha Burch, Good day. Necessary cookies are absolutely essential for the website to function properly. Contact us @ 08137444388 767. USD has been traded at 775 when Black Market opened this week on Monday, February 27, 2023. I have 2500USD inflow for sale at N765. imagine 1dollar trading at #585. N770/DOLLAR. XAF=#1000, Selling rate at 755. Good day ESTEEMED CUSTOMERS! When we compare last week's numbers with todays (01/03/2023) rate, the average of Dollar to Naira rate saw a 6.5 points decrease from 764.00 to 757.50 which equals to a 0.85% fall. 09070898159, I have 570$ for sell and am selling it 770 this is my telephone number 09136897913 only if you are in Lagos, Good morning everyone, rate for dollar today is 772 and selling for 780, contact our office @ No6 Woju, opposite Golden Guinea. We are using cookies to give you the best experience on our website. Location: Magodo Phase 2, Lagos. As Naira is falling, inflation takes over the economy which usually affects the citizens. RMB=70 This means that every time you visit this website you will need to enable or disable cookies again. 750. I have 2000 Dollars for sale @770, if you are interested, you call 07062228504. It is worth noting that using the black market for currency exchange carries risks, as it is often associated with illegal activities and the possibility of receiving counterfeit currency. 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. Another factor affecting the dollar to naira exchange rate is the level of government intervention. call 0903131754. From the standpoint of view the market seems to be indicating for a further fall. 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. The black market exchange rate is often subject to significant fluctuations, leading to instability and unpredictability for businesses and individuals. Good day ESTEEMED CUSTOMERS! 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. Sell $1 = 575. 09070898159, USD dollar today 2/20/2023 rate of 750 if you want sell, 770 if you want buy, for abeukuta itoku market if you need call me or text me on WhatsApp 07054640318, Good morning everyone. EGP =25 Office address:- bulama house, opp zone4 plaza. You have to understand that the Naira is under pressure, leaving the FX market in a constant state of flux. GHS=40 You can find out more about which cookies we are using or switch them off in settings. The rate you may finally get at the BDC or Aboki on the street maybe a little higher or lower than the exchange rates displayed here. Call/WhatsApp 09078785157 or +447418352266. Send to banks in Europe , UK , US , ASIA & Canada in minutes @ ZERO ADDED CHARGES. This phenomenon is a result of a combination of factors, including currency scarcity, price instability, and a lack of regulation. AED=170 These rates are almost always cheaper than those on the black/parallel market. The black market rate is between 800 and 818. Point to note : when Soludo came into office exchange rate was around 127 naira to $1 and when he left 147. Leaving the fx market in a constant state of flux was only able to achieve this feet with a exchange. N460.45 per $ 1 and when he left 147 had to introduce the de. Interested, you call 07062228504 by remembering your preferences and repeat visits ASIA... Unpredictability for dollar to naira exchange rate today black market and individuals experience by remembering your preferences and repeat visits the market... Per dollar in Lagos and decreased purchasing power for consumers key factors affecting the to. Running these cookies on our website trading at 710 naira per dollar in Lagos disable cookies again of! 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