. Contact me on 09031137266 This can result in fluctuations in the exchange rate, making it more difficult for businesses and individuals to plan and budget. This makes it 0.00% rise for USD against Naira this week. 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. The following are the euro to dollar exchange rates today. In the majority of cases, this data is sufficient to predict future changes. More also the second most traded currency known as Euro/Naira traded at 790 buy and 775 sell respectively in the black market. The local currency opened at N770.00 per $1 at the parallel market otherwise known as the black market today Thursday, 23 February 2023, in Lagos Nigeria, after it closed at N770 per $1 on Wednesday, 22 February 2023. Call or WhatsApp or call me on 08170382154. Expert now suggests that this gave birth to forex black market. I have dollars to sell @770. 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. 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. We RECEIVE & SEND to banks in Europe , UK , US , CHINA , INDIA & Canada . Your experience on this site will be improved by allowing cookies. GHS=40 As at today with USD being traded at 757 we see a % for United States Dollar to Naira exchange rate for last month. Our team are constantly monitoring the USD/NGN (Dollar to Naira) exchange rate and updating accordingly. In an effort to control the black market exchange rate, the government may impose restrictions on currency exchange, leading to further economic disruption. 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). This can be particularly damaging for lower-income households, who are already struggling with the high cost of living. How much is the dollar to naira at the black market today? 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. All Rights Reserved. Subsequently the government miraculously obtained a debt relief of. Whatsapp 09057156267 F2F, Good morning everyone. Dollar to Naira Exchange Rate is the current exchange equivalent of the United States Dollar. Please hit up on WhatsApp +2348167311969 for school fees and accommodation payment including rate for OTHER CURRENCIES. The Dollar to Naira Exchange rate at the black market is also known as the parallel market (Aboki fx). This website uses cookies to improve your experience while you navigate through the website. 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. TRY =#25, TRY =25 Were your secured, convenient and fast cross-border transfer/payment plug. 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. The P2P (Peer-To-Peer) exchange rates are the rates generated from currency exchange activities performed by Nigerians online on most crypto currency trading platforms like Binance. This is for informational purposes only. Please, DO NOT TRADE with the users listed here; use this platform only for data purposes. was put in place to determine the value of the dollar. The Naira was devalued to 85 naira while at same time the black market exchange rate was 105 to $1. Reduced foreign investment: The existence of a black market exchange rate can reduce the confidence of foreign investors and discourage investment in the country. 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 open market with our Good rates for today 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 This website uses cookies so that we can provide you with the best user experience possible. 3 days ago The dollar to naira black market exchange rate for today 27th February 2023, can be accessed below. 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. The official exchange rate is set by the Central Bank of Nigeria (CBN) and is used for government transactions and other official purposes. Check send rates. The CBN Exchange rate is the rate you can buy or sell dollars for naira listed on CBN dollar to naira website cbn.gov.ng. XOF=#1100, This means that Nigerians are likely to spend more buying goods and services in the international market. 08182225771 physical Lagos business or gtbank to gtbank transfer, 700 Dollar Available. For example, the government may limit the amount of currency that can be exchanged or the types of transactions that can be conducted. 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. Conditions of Trade: Favorable trade terms will increase the value of the naira to the dollar, although Nigeria is currently experiencing a trade deficit. 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. CAD=#600, TRY =#25, Call/WhatsApp 09078785157 or +447418352266. I have 2000 Dollars for sale @770, if you are interested, you call 07062228504. . Also, when we checked the peer to peer currency exchange beween Nigerian Naira traders online, the above black market rates were fetched.How Accurate Are These Rates?The rates reflect the true state of the market as we got these rates from the brokers and exchangers without any conversion fees or charges added. What could be responsible for the fall in the rate. Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. Interest Rates: Another tool to keep an eye on is interest rates. US Dollar to Nigerian Naira conversion Last updated Feb 28, 2023, 12:59 UTC. Lack of regulation: The black market exchange rate operates outside of government regulation, which can result in fraud and other unethical practices. Jean Nassif and Ashlyn Nassif Alleged Financial Deception. Dollar to Naira (USD to NGN) Black Market Exchange Rate Today. Sell $1 = 575. It also includes the Naira Back Market rates, Bureau De Change (BDC) rate, and Central Bank of Nigeria (CBN) rates. 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 $1 on Monday, February 27. The exchange rate between the two currencies is constantly fluctuating, and can be influenced by a variety of factors, including global economic trends, government policies, and market demand. Rate varies for various banks and parallel markets. Today we buy Dollar @745 and sell @755. we also buy pounds @910, Euro @780, Riyal @180, Dirham @180 e.t.c and we send and receive money UK, US, Dubai e.t.c.office address Wuse Zone 4, Constantine street, BULAMA HOUSE FCT ABUJA, Nigeria. 15/02/2023 call 07086601942, Good morning everyone. The black market rate, on the other hand, is determined by supply and demand on the streets, and is often higher than the official rate. Yesterday Saturday 12th November,2022 black market price of dollar to Naira was at N680/$. 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]. Today we are buying USD @765 and selling @770 , And we are buying EUR @780 GBP @910 Contact us at 09029086857 First floor, Zone 4 plaza, Wuse Abuja. The government may choose to devalue the naira in order to increase competitiveness and stimulate economic growth. Conveniently pay suppliers, school fees, certifications, visa application fees and students/family upkeep. Were your SECURED, CONVENIENT and FAST cross-border transfer/payment plug. One of the key factors affecting the dollar to naira exchange rate is the price of oil, which is Nigerias primary export. Factors Influencing Foreign Exchange Rates EUR=797 A: $100 USD is currently equal to 97.5844 EUR. Exchange Rate of Dollar To Naira in Black Market Today? You convert your dollar to Naira at these rates, or you convert your dollar to Naira at the most recent black market or parallel market rate. 750. But one thing we must understand is that the black market has been in existence for long and they played a significant role in sourcing and selling of dollars to the ordinary Nigerians. In Lagos, the dollar was sold at 754 while in Kano it was 754. The Inflow or Bank transfer rates are the exchange rates for making transfers between two dormiciliary bank accounts. It is quite different from the cash rates. Here is Todays Poundsto Naira black market rate : this is the rate Aboki/Bureau De Change (BDC) are selling and buying The Great British Pounds currency (Pounds) currently in Abuja, Kano, Lagos. In this market, individuals and businesses are willing to pay a premium for currency, leading to higher exchange rates than those officially sanctioned by the government. ASUU Strike: Latest ASUU Strike News Update Today, Leadership Newspaper Today Nigeria News, Naija News Today, 9ja News, Naija Gist, Naija News Now, SEO Blogger Outreach Agency For Guest Posting Services, The Guardian News paper Today Nigeria News. As Naira is falling, inflation takes over the economy which usually affects the citizens. Today we buy Dollar @747 and sell @758, we also buy pounds @910, Euro @780, Riyal @180, Dirham @180 e.t.c and we send and receive money UK, US, Dubai e.t.c.office address Wuse Zone 4, Constantine street, BULAMA HOUSE. Location: Magodo Phase 2, Lagos. Office address:- bulama house, opp zone4 plaza. N770/DOLLAR. We sell GBP for 935/, EURO for #820/, USD for 755/$, AUD @ #555 & CAD for 580/C$. 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)???? The dollar to Naira exchange rate goes for 357 / 361 (buy/sell) at the parallel market today. Call 08106163189, DOLLAR USED BUY ,,,755 RATE SELL,,,,766,,,,, PAUND GBP,, RATE BUY 910,,,, SELL 920:: EURO EUR 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. So many Nigerians prefer to exchange their foreign currencies especially the US Dollars to naira using the black market because the exchange rate is very high compared to what the bank offers. 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 this article, we are going to trace the history of Naira exchange rate to Dollar , how it has fair under previous administration. I got $5000 to sell 770 if you are interested call me 08062242266 Abuja only. Note that the official exchange rate was 22 naira, the black market exchange rate was around 88 naira to 1 $. AED=170 As of today at 23:00PM UTC one us dollar is equal to 459.50 (NGN) or four hundred fifty-nine naira 50 kobos. 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. Disclaimer. The Nigerian Economy is drastically affected by the Dollar to Naira exchange rate. READ ALSO: US Dollar To Naira Black Market Exchange Rates Today Monday, 15 August 2022 Selling Rate. call 07086601942, I have 600 dallar for sale at 755 rate location Lagos State lekki 07058562122, Upto 100,000 CAD is available at 593 those hu want to buy large Quantity Should whatapp GUDOSA on +2348158659847, Good morning All Even though the dollar to naira opened in the parallel market at N770 per $1 today . Location: Maiduguri. These cookies do not store any personal information. As expected Coin last longer and have a lifespan of 25 years. @ 755.. 1 NGN = 0.00217592 USD. 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?? We have good rate for any currency global business plan WANT TO BUY OR SELL CURRENCIES/CRYPTOS? Black market dollar to naira exchange rate today 27 February 2023, Take your protest to the Courts not streets Buhari tells losers, 100 Happy New Month Of March Messages, March Prayers, March Wishes, and March Quotes, Alhassan Doguwa arrested over alleged electoral violence at Kano Airport, CBN official Naira to Foreign Exchange rates today, 1 March 2023, 50 Happy New month of March text messages, prayers and wishes for loved ones, Happy New Month Messages for Your Loved Ones, Family and Friends For March 2023, Tinubus speech after winning presidential election, Tinubu declared winner of 2023 presidential election, Angry women protest in Abuja over elections, threaten to go naked (Photos), Do not strike against my anointed Pastor Adaji warns against call to arrest Paul Enenche, BREAKING: Peter Obi defeats Tinubu, Atiku in Abuja, Naija News: Top Nigerian News headlines for today, Monday, 27 February 2023, I dont believe in any of the presidential candidates Burna Boy, CBN official Naira to Foreign Exchange rates today, 28 February 2023, Black market dollar to naira exchange rate today 28 February 2023. 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 . Rand = 25 Cash 762. Over the last 7 days, the best beneficial exchange rate was 460.24. The government is often unable to meet the demand for currency, leading to shortages and the development of an unofficial market. Constantine street wuse zone4. The following is the current United States Dollar (USD) conversion to Euro. But opting out of some of these cookies may affect your browsing experience. Just drop ur number I would chat u up. Parallel market rates (black market rates) are obtained from various sources including online media outlets. The official NAFEX rates are obtained from the website of FMDQOTC, Parallel market rates are obtained from various sources including online media outlets. Rand = 25 See today's Dollar to Naira exchange rate. Good morning esteemed customers! 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. Sources within the apex bank said that Adedotun and abokiFX Limited are currently under investigation for illegal foreign exchange transactions. Please note that oil price under Sani Abacha regime was hovering around $20 per barrel and Nigeria was faced with numerous economic problems and some level of economic sanctions by the West leaving the government with little amount of dollars to go round the economy. Today we buy Dollar @763 and sell @773, we also buy pounds @910, Euro @780, Riyal @180, Dirham @180 e.t.c and we send and receive money UK, US, Dubai e.t.c.office address Wuse Zone 4, Constantine street, BULAMA HOUSE FCT ABUJA, Nigeria. If the Nigerian economy can be stabilized and inflation is controlled, the naira will benefit; however, if the naira continues to fall, it may indicate that food and other necessities are becoming more expensive daily. Euro to Naira Black Market Rate Today 2023 Abokifx, 5000$ Dollars to Naira Black Market Rate|Convert 5000 Dollars To Naira. Selling Rate. CALL/WHATSAPP 09078785157 or +447418352266. Were your SECURED, CONVENIENT and FAST cross-border transfer/payment plug. 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 FCT ABUJA, Nigeria. The downfall of naira is getting out of hand, Conveniently pay SUPPLIERS, SCHOOL FEES, CERTIFICATIONS, VISA APPLICATION fees and students/family UPKEEP. Save my name, email, and website in this browser for the next time I comment. THANK YOU. At this point Excess Crude Account (ECA) was introduced which had over $20 billion at the end of 2008. LAGOS PARALLEL MARKET RATES TODAY: dollar to naira exchange rate today black market. The Nigeria economy started to boom again, this time oil price rose steadily from just $30 per barrel to $140 per barrel. CALL/WHATSAPP 09078785157 or +447418352266. In fact the act allows 1 dollar to equal to 100 cents as seen today. 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. We RECEIVE & SEND to banks in Europe , UK , US , CHINA , INDIA & Canada . USD has been traded at 775 when Black Market opened this week on Monday, February 27, 2023. 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. EUR=#797, All figures here are for information purposes ONLY. 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. GHS=#40, . (Morning (7am-11:59am), Noon (12pm - 2:59pm), and Evening (3pm to the end of the day). This category only includes cookies that ensures basic functionalities and security features of the website. Good day ESTEEMED CUSTOMERS! According to the data at theFMDQSecurity Exchange where forex is traded officially, the dollar to naira exchange rate stood at (undisclosed). Location: Magodo Phase 2, Lagos. Send to banks in Europe , UK , US , ASIA & Canada in minutes @ ZERO ADDED CHARGES. We will always update the latest rate on a daily basis to keep you informed. Good day ESTEEMED CUSTOMERS! It also includes the euro to pounds exchange rates, euro to yen exchange rates, and euro to naira exchange rates among others. The table shows the data and analysis of the variations. You can reach him on, Dollar To Naira Exchange Rate Today (Mar. CALL/WHATSAPP 09078785157 or +447418352266. We SEND to banks in EUROPE , UK , US , CHINA , INDIA & CANADA . document.write(new Date().getFullYear()); 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). XOF=#1100, Lokoja Kogi State. 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. 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. 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. This chart will allow users to see the USD/NGN oscillation, and look at last year's data. 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. Parallel exchange rate (black market) exchange rate is always different from CBN rate. Even though the dollar to naira opened in the parallel market at N750 per $1 today, Investors King reports . 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. AED=170 That is, these rates would be offered to you whenever you want to sell the currency in your dormiciliary bank account to the BDC or when you want to send money abroad through a currency exchanger or BDC.

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