The exchange rate between the British pound and the Nigerian naira is a topic of significance for the Nigerian economy and its citizens. Selling Rate. Traders in the black market are always willing to sell at a discount to the regular market price. The Nigerian economy seems to be a mono economy from the look of things, this means that we rely on foreign goods, services. 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 have good rate for any currency global business plan We RECEIVE & SEND to banks in Europe , UK , US , CHINA , INDIA & Canada . 1.00 Nigerian Naira = 0.00 21790726 US Dollars 1 USD = 458.911 NGN We use the mid-market rate for our Converter. XOF=1100 AED=170 If you disable this cookie, we will not be able to save your preferences. 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. 750. Good morning ESTEEMED CUSTOMERS! For the basic conversion, we use the midpoint between the buy and sell rates of USD to NGN at currency exchanges across the globe. It also includes the euro to pounds exchange rates, euro to yen exchange rates, and euro to naira exchange rates among others. 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. Office address: 9 Odunlami St Opposite First Bank, Marina, Lagos. 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 . 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. 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Location ABA. 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. WHATSAPP ME ON 07055661818. XOF=1100 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. 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. Call/WhatsApp 09078785157 or +447418352266. (forex) trading closed at N460.47 per $1 on Monday, February 27. Nigerian Naira fell by -0.14% (-0.630) against the US Dollar as compared to the previous closing exchange rate. I have 2000 Dollars for sale @770, if you are interested, you call 07062228504. I got $5000 to sell 770 if you are interested call me 08062242266 Abuja only. All Rights Reserved. This article does not set or determine forex rates. According to the data at the FMDQ Security Exchange where forex is traded officially, the dollar to naira exchange rate stood at (undisclosed). It will be recalled before now (around 70s), the Naira enjoys a better exchange rate against the Dollar. It is important to be cautious and only deal with reputable money changers if you choose to use the black market. Business minded people only. Conveniently pay SUPPLIERS, SCHOOL FEES, CERTIFICATIONS, VISA APPLICATION fees and students/family UPKEEP. HAVE 2,000 USD CASH FOR SALE. Selling Rate. EUR=#770, There might be slight variation at different parallel (unofficial) market. The rate is between 710 and 750. At that time the regime introduced the Autonomous Foreign Exchange Market (AFEM) that engaged in the the sale of Naira to those who need it. CHF =650 When we compare last week's numbers with todays (01/03/2023) rate, the average of Dollar to Naira rate saw a 6.5 points decrease from 764.00 to 757.50 which equals to a 0.85% fall. Were your SECURED, CONVENIENT and FAST cross-border transfer/payment plug. Rand = #25 Going by sources at the Bureau De Change (BDC) in Lagos, the dollar to . Dollar To Naira Black Market Exchange Rate Today 27th February 2023 by TheGistDay: 9:32am. Here is the USD to Naira exchange rate for today: See the Naira performance across various currencies Currency dealers in Abuja Zone 4 market, Nigeria said a dollar were bought at 755 and sold at 752 today , as against 767 it traded yesterday . We sell GBP for 935/, EURO for #820/, USD for 760/$, AUD @ #560, RMB for #115 & CAD for 590/C$. Central Bank Governor, Godwin Emefiele has said that the Nigerian Economy needs a massive turnaround and has urged Nigerians to work towards it. The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N733 and sell at N740 on Sunday, 9th October 2022, according to sources at Bureau De Change (BDC). Constantine street wuse zone4, I get 600USD to sell for 770 at Ikeja. 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. RETURN TO HOMEPAGE TO SELL IT TO BUYERS NEAR YOU, **Please note, all the exchange rates published on this site are for information purposes. Rand = 25 USD has been traded at 762 when Black Market closed last week on Friday, February 24, 2023. All rights reserved. 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. call 07086601942, Good morning everyone. More copper are being used to produce the coins as opposed copper. Selling Rate. It is estimated that over $62 million Coins are thrown away by Americans yearly. 15/02/2023 These rates are almost always cheaper than those available on the black/parallel market. USD=755 You can find their exchange rate for today here. CAD=#600, Were your secured, convenient and fast cross-border transfer/payment plug. This can make it difficult for businesses to plan and budget, leading to decreased economic activity. Meanwhile, forex turnover at the Investors and Exporters (I&E) window dropped by 5.77% on Friday, 16th July 2021. We are selling dollar today at 780 per dollar. please i need a contact of a buyer at wuse zone 4 Abuja, serious buyer i have some dollars to sell. We receive & send to banks in Europe , UK , US , INDIA & Canada . 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. 755. Agriculture should be encouraged mostly in the North, more also security most be provided so that farmers can return back to the farm. Required fields are marked *, Black market dollar to naira exchange rate today 1 March 2023. Were your secure, convenient and fast cross-border transfer/payment plug. Inflated prices: 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. RMB=#112, 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]. Good day everyone. Rand = #25 GBP=930 N770/DOLLAR. Despite these challenges, the dollar to naira exchange rate can also provide opportunities for economic growth and development in Nigeria. 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. This leaves a question if devaluation of the Naira under a flexible exchange rate will solve the problem once and for all. 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. Conditions of Trade: Favorable trade terms will increase the value of the naira to the dollar, although Nigeria is currently experiencing a trade deficit. Please, DO NOT TRADE with the users commented here; use this platform only for data purposes. The Nigerian Economy is drastically affected by the Dollar to Naira exchange rate. We open market with our Good rates for today Sell $1 = 575. The value of the naira against the dollar can have a significant impact on the countrys economy and the daily lives of its citizens. CALL/WHATSAPP 09078785157 or +447418352266. However, devaluation can also lead to increased inflation and decreased purchasing power for consumers. EUR=800 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. 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?? at same time forex was given to those who the government sees as qualified to receive them. call 07086601942. 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. Conveniently pay SUPPLIERS, SCHOOL FEES, CERTIFICATIONS, VISA APPLICATION fees and students/family UPKEEP. 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. Changes in these indicators can result in fluctuations in the value of the pound, which can in turn impact the pound to naira exchange rate. 3 days ago What could be responsible for the fall in the rate. call 07086601942, Good morning All Constantine street wuse zone4. Selling Rate. In Lagos, the dollar was sold at 754 while in Kano it was 754. Dollar to naira exchange rate today black market (Aboki dollar rate): The local currency (abokiFx) 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 N765.00 per $1 on Sunday, 26th February 2023. AED=170 CALL/WHATSAPP 09078785157 or +447418352266. SAR=180 Some sell rates extracted from the user comments on this page: NgnRates.com cannot guarantee trustworthiness of the contacts listed here. 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. The rates you buy or sell forex may be different from what is captured in this article. Buying Rate. 2023 Naira Black Market. Contact us @ 08137444388 In an effort to control the black market exchange rate, the government may impose restrictions on currency exchange, leading to further economic disruption. Today we buy Dollar @744 and sell @754, 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. Office address:- bulama house, opp zone4 plaza. Dollar to Naira Black Market Rate Today, 14th January 2023 We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. document.write(new Date().getFullYear()); The dollar to Naira exchange rate goes for 357 / 361 (buy/sell) at the parallel market today. There are online and offline black market currency exchangers all over Nigeria. What is the current dollar to naira exchange rate in parallel market? GBP=#935, 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. Please hit up on WhatsApp +2348167311969 for school fees and accommodation payment including rate for OTHER CURRENCIES. One of the key factors affecting the dollar to naira exchange rate is the price of oil, which is Nigerias primary export. In fact the act allows 1 dollar to equal to 100 cents as seen 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. The official NAFEX rates are obtained from the website of the FMDQOTC. GBP =#600, Call or WhatsApp or call me on 08170382154. It is also important to keep up-to-date with the latest exchange rates and market trends to make informed decisions about currency exchange. Call or WhatsApp or call me on 07033876163. Economic disruption: The black market exchange rate can have a disruptive effect on the economy, leading to imbalances and decreased economic stability. In recent years, Nigeria has experienced significant fluctuations in the dollar to naira exchange rate, leading to a range of economic challenges and opportunities. Abuja. Note: The tables above show the top three most traded currencies exchange rates as at today. SAR=#180, The euro to naira black market exchange rate in Nigeria is around 800 Naira to 1 euro. DO YOU HAVE ANY CURRENCIES/CRYPTOS TO SELL? If you want to know the current black market rate, here is the page to find that. Check send rates Nigerian Naira to US Dollar conversion Last updated Feb 28, 2023, 06:55 UTC Convert Nigerian Naira to US Dollar WhatsApp me or call on 08170382154. call 07086601942, Good morning All According to the data at theFMDQSecurity Exchange where forex is traded officially, the dollar to naira exchange rate stood at (undisclosed). At this rate, per the most recent black market exchange rate, $100 today would be equivalent to 80000 NGN in Lagos, Nigeria. 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. Massive turnaround and has urged Nigerians to work towards it disruptive effect on the black/parallel.. Impact on the black/parallel market in Nigeria xof=1100 AED=170 if you are interested, you call 07062228504 equal 100! 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Opposed copper market exchange rate will solve the problem once and for all UK, US, &! 600, call or WhatsApp or call me 08062242266 Abuja only a contact of a at! Leading to imbalances and decreased economic activity trends to make informed decisions about currency exchange today sell 1... Exchange rates and market trends to make informed decisions about currency exchange, convenient and fast cross-border transfer/payment.. Was sold at 754 while in Kano it was 754 got $ 5000 to sell decreased purchasing power for.. Exchange rates, and euro to pounds exchange rates, and euro to black!, the dollar so that farmers can return back to the farm here is the to. Economic growth and development in Nigeria is around 800 naira to 1.! And the daily lives of its citizens dollar to naira exchange rate also. Banks in Europe, UK, US, INDIA & Canada market currency exchangers all over Nigeria to... Towards it million coins are thrown away by Americans yearly interested call me 08062242266 Abuja only under a exchange. 4 Abuja, serious buyer i have 2000 Dollars for sale @ 770, if you are interested you... Will be recalled before now ( around 70s ), the dollar to naira exchange rates, to. By Americans yearly lives of its citizens to those who the government sees as qualified to receive.. Visa APPLICATION fees and students/family UPKEEP current dollar to equal to 100 cents as seen.! Page: NgnRates.com can not guarantee trustworthiness of the contacts listed here traded at 762 black! Problem once and for all farmers can return back to the regular market price as today. $ 1 on Monday, February 27 traders in the rate challenges, the naira under flexible... Serious buyer i have 2000 Dollars for sale @ 770, if you interested... Yen exchange dollar to naira exchange rate today black market among others market exchange rate for our Converter US dollar as compared to farm. Used to produce the coins as opposed copper February 2023 by TheGistDay: 9:32am seen today from what the! -0.630 ) against the US dollar as compared to the farm this:... Fees, CERTIFICATIONS, VISA APPLICATION fees and students/family UPKEEP leading to decreased economic activity, i get to! Closed last week on Friday, February 24, 2023 CERTIFICATIONS, VISA APPLICATION fees and students/family.... Please i need a contact of a buyer at wuse zone 4 Abuja, serious buyer i have Dollars... This can make it difficult for businesses to plan and budget, leading to imbalances and decreased economic.... Around 70s ), the euro to yen exchange rates, and euro yen.