Today we buy Dollar @750 and sell @762, 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. We will always update the latest rate on a daily basis to keep you informed. USD=#760, We sell GBP for 935/, EURO for #820/, USD for 770/$, AUD @ #575, RMB for #115 & CAD for 595/C$. Euro to Naira Black Market Rate Today 2023 Abokifx, 5000$ Dollars to Naira Black Market Rate|Convert 5000 Dollars To Naira. XAF=1000 Pounds to Naira Black Market Exchange Rate Today This is the current GBP to , Your email address will not be published. In this article, we are going to trace the history of Naira exchange rate to Dollar , how it has fair under previous administration. AED=170 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. Everything comes from China, India, and the majority of Asian countries. Black market FX traders have expressed their frustration over the recent cash scarcity crisis across the country . The Central Bank of Nigeria (CBN) has said it is investigating Oniwinde Adedotun, the founder of abokiFX. SAR=#180, Call/WhatsApp 09078785157 or +447418352266. 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. Conveniently pay SUPPLIERS, SCHOOL FEES, CERTIFICATIONS, VISA APPLICATION fees and students/family UPKEEP. RETURN TO HOMEPAGE TO SELL IT TO BUYERS NEAR YOU, **Please note, all the exchange rates published on this site are for information purposes. Lokoja Kogi State. Selling Rate. Buying Rate. You change your USD to naira at these rate or convert dollar to naira at the latest black market rate or parallel market. 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. An insider, familiar with the events, said that unusual forex transactions were found in his account, suggesting the promoters of the platform have been involved in illegal forex trading. 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. 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 basic conversion, we use the midpoint between the buy and sell rates of USD to NGN at currency exchanges across the globe. 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. Despite attempts by the government to control the black market exchange rate, it continues to persist and has far-reaching implications for the countrys economy and the daily lives of its citizens. Infact black market exchange rate became much pronounced more than ever in the history of Nigeria. EUR=#797, 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. please i need a contact of a buyer at wuse zone 4 Abuja, serious buyer i have some dollars to sell. There would be a lot more clarity after the next monetary policy committee (MPC) meeting tomorrow, the source said. 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. A correspondent, who visited the ever-busy Wuse Zone 4 which is the hub of bureau de change operators in Abuja, observed that the dollar was sold for 754 as opposed to the 757 it was sold for previous. The rates you buy or sell forex may be different from what is captured in this article. was put in place to determine the value of the dollar. RMB=70 Dollar to naira,on Wednesday, March 1, 2023, opened at (undisclosed) at theInvestors & Exporters FX window( I&E FX Window), where the currencies officially trade. Location: Magodo Phase 2, Lagos. At a time the Naira was under much pressure which lead to the collapse of the Interbank Foreign Exchange Market (IFEM), bank were instructed to limit the sale of Dollar. The Nigerian Economy is drastically affected by the Dollar to Naira exchange rate. 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. 150 dollars for sell at the rate of 760 per $ Today we buy Dollar @757 and sell @767, 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. Please, DO NOT TRADE with the users commented here; use this platform only for data purposes. Conveniently pay SUPPLIERS, SCHOOL FEES, CERTIFICATIONS, VISA APPLICATION fees and students/family UPKEEP. Good morning esteemed customers! Dollar to Naira Black Market rate Here is the current USD to Naira rate today. This information comes from the US Mint. However, it is important to note that the black market exchange rate is highly volatile and subject to constant change based on supply and demand in the market. 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. 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. This website uses cookies to improve your experience while you navigate through the website. Addressing this challenge requires a combination of government intervention, increased economic stability, and increased confidence in the official exchange rate system. The Naira was exchanged at 22 naira for $1 officially. Selling Rate. Your email address will not be published. The currency is by the Coinage Act. 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. The following are the euro to dollar exchange rates today. 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. Location: Magodo Phase 2, Lagos. We can do face to face in Lagos. The following are the current black market rate today of Bureau De Change (BDC) operators in Lagos for selling and buying Dirham to Naira at the parallel (unofficial) market. We receive & send to banks in Europe , UK , US , INDIA & Canada . SAR=180 Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. Necessary cookies are absolutely essential for the website to function properly. Conveniently pay SUPPLIERS, SCHOOL FEES, CERTIFICATIONS, VISA APPLICATION fees and students/family UPKEEP. Location: Magodo Phase 2, Lagos. Here are some of the causes of the dwindling dollar to naira exchange rate. IMPORTANT NOTE: The exchange rate changes hourly. it depends on the volume of dollars available and the Demands. CAD=#600, 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. Recalled that Soludo banned the Interbank and WDAS markets? 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. I have 2000 Dollars for sale @770, if you are interested, you call 07062228504. Call or WhatsApp or call me on 07033876163. Here is Todays Dollar to Naira black market rate : this is the rate Aboki/Bureau De Change (BDC) are selling and buying The United States dollar currently in Abuja, Kano, Lagos. 1 USD Hello! I have 600USD to sell for 770 at Ikeja Lagos. 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. Contact us @ 08137444388 GBP=#935, 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. Dollar to Naira (USD to NGN) Black Market Exchange Rate Today. There might be slight variation at different parallel (unofficial) market. call 07086601942, Good morning everyone. As you can see from the above table, we got the rates from Lagos Abokis, Forex brokers as well as crypto currency brokers. 3 days ago Contact: editor @ nnn.ng. The most trusted platform to get the live exchange rates. Selling Rate. We have good rate for any currency global business plan It will be recalled before now (around 70s), the Naira enjoys a better exchange rate against the Dollar. All Rights Reserved. Should be ibadan base. 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. Call/WhatsApp 08088261410. 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. In Lagos, the dollar was sold at 754 while in Kano it was 754. XOF=#1100, 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. This phenomenon is a result of a combination of factors, including currency scarcity, price instability, and a lack of regulation. call 07086601942, Good morning everyone. One should note that at this time Nigeria was struggling to clear its foreign debt; debt servicing alone was taking a toll on the economy. Late President Sani Abacha held the Naira with an iron grip for a period of five years. The following are some of the issues associated with black market exchange rates in Nigeria: These are some of the key issues associated with black market exchange rates in Nigeria. By clicking Accept, you consent to the use of ALL the cookies. 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. If the Nigerian economy can be stabilized and inflation is controlled, the naira will benefit; however, if the naira continues to fall, it may indicate that food and other necessities are becoming more expensive daily. I have about 80000.00 dollars in the bank and will want who will buy it by next week. 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. GHS=40 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]. Abuja. 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. I have 1700 dollar 753 call 07086601942. US Dollar to Nigerian Naira conversion Last updated Feb 28, 2023, 12:59 UTC. Call/WhatsApp 09078785157 or +447418352266. Were your SECURED, CONVENIENT and FAST cross-border transfer/payment plug. In Nigeria, there are two main ways to convert dollars to Naira: the official exchange rate and the black market rate. Buying Rate. Conveniently pay suppliers, school fees, certifications, visa application fees and students/family upkeep. If you want to know the current black market rate, here is the page to find that. In an effort to control the black market exchange rate, the government may impose restrictions on currency exchange, leading to further economic disruption. To pay for this we need to make use of a universal acceptable mode of payment which is the US Dollar. NNN is an online news portal that publishes breaking news in around the world. Good day everyone. 2023 Naira Black Market. The table shows the data and analysis of the variations. Office address:- bulama house, opp zone4 plaza. As Naira is falling, inflation takes over the economy which usually affects the citizens. 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. This page shows the different exchange rates of the Dollar to Naira, Pound to Naira, Euro to Naira exchange activities performed on this site by members, exchange rate from FX brokers, P2P platforms as well as the abokis on the street of Lagos. Meanwhile, forex turnover at the Investors and Exporters (I&E) window dropped by 5.77% on Friday, 16th July 2021. 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. During this time there were no need to buy forex in the black market or bureaux de change, exchangers were thrown out the market. Jean Nassif and Ashlyn Nassif Alleged Financial Deception. Dollar to Naira Black Market Rate Today, 14th January 2023 The local currency ( abokiFx) opened at N755.00 per $1 at the parallel market otherwise known as the black market, today, Friday, 27th January 2023, in Lagos Nigeria, after it closed at N750.00 per $1 on Thursday, 25th January 2023. Even when oil prices fell to $50 per barrel Nigerians didn't feel the impact as there was enough Dollars to cushion the effect. Your experience on this site will be improved by allowing cookies. When we look at last month, USD was traded at at the beginning of last February on Wednesday, February 1, 2023. This means that Nigerians are likely to spend more buying goods and services in the international market. Have more questions? We open market with our Good rates for today The following are the current Euro to naira black market rates today of Bureau De Change (BDC) operators in Lagos for selling and buying Euros at the 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. 08182225771 physical Lagos business or gtbank to gtbank transfer, 700 Dollar Available. Location: Magodo Phase 2, Lagos. See today's Dollar to Naira exchange rate. Good morning esteemed customers! CAD=600 call 07086601942, Do you also make payment to express, online transactions, USD today 12/2/2023 rate of 760 for abeukuta ogun state itoku market i you need call me or massage me on WhatsApp 07054640318, Good morning everyone. The rates from Binance were purely gotten from their P2P platform live feed as currency exchanges occur between Nigerians online in real-time. Traders in the black market are always willing to sell at a discount to the regular market price. From the standpoint of view the market seems to be indicating for a further fall. Admin 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. The pound is influenced by a range of economic indicators, including inflation, interest rates, and economic growth. It also includes the euro to pounds exchange rates, euro to yen exchange rates, and euro to naira exchange rates among others. 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. P2P platform live feed as currency exchanges occur between Nigerians online in real-time have 2000 dollars for sale 770! You informed the volume of dollars available and the Demands in Nigeria, there are two main to! 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