On Thursday, 16th of September 2021, abokiFX reported that the naira was trading at 570 to the dollar at the parallel market. 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. 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 Admin 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. so for all you azonto lovers, time to gerrup from your seats and azonto to the beats!!! 767. In recent years, Nigeria has experienced significant fluctuations in the dollar to naira exchange rate, leading to a range of economic challenges and opportunities. The current exchange rate is equivalent to 460.4700. Office address: 9 Odunlami St Opposite First Bank, Marina, Lagos. 1.00 Nigerian Naira = 0.00 21790726 US Dollars 1 USD = 458.911 NGN We use the mid-market rate for our Converter. 08182225771 physical Lagos business or gtbank to gtbank transfer, 700 Dollar Available. Dollar To Naira Exchange Rate Today Black Market, Dollar To Naira Today Black Market Rate Conversion. There are online and offline black market currency exchangers all over Nigeria. 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. It also includes the Naira Back Market rates, Bureau De Change (BDC) rate, and Central Bank of Nigeria (CBN) rates. As of today at 23:00PM UTC one us dollar is equal to 459.50 (NGN) or four hundred fifty-nine naira 50 kobos. Conveniently pay SUPPLIERS , SCHOOL FEES, CERTIFICATIONS, VISA APPLICATION fees and students/family UPKEEP. Buying Rate. 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. Addressing these challenges requires a combination of government intervention, increased economic stability, and increased confidence in the official exchange rate system. 767. GBP =#600, AbokiFX, registered in Arizona, United States, is the 63rd most visited website in Nigeria as of September 16, 2021. 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. Late President Sani Abacha held the Naira with an iron grip for a period of five years. 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 have good rate for any currency global business plan Call/WhatsApp 09078785157 or +447418352266. 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. 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. 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. @ 755.. The downfall of naira is getting out of hand, Rand = 25 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. Be on the lookout for any changes, ready up-to-date. WhatsApp 08066931689. 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. In Nigeria, the black market exchange rate is often significantly different from the official exchange rate, leading to increased demand for dollars in the unofficial market. EUR=#797, SAR=#180, Constantine street wuse zone4, I get 600USD to sell for 770 at Ikeja. Please what rate is used for USD to naira, when making payments online with PayPal from Nigeria? GO TO HOMEPAGE TO SEE HOW TO DO IT. A United States Dollar ($1) was exchange at 90 kobo. You also have the option to opt-out of these cookies. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. TRY =25 SAR=180 . 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. 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. Apata Ibadan, Good morning everyone. Note that the official exchange rate was 22 naira, the black market exchange rate was around 88 naira to 1 $. PLEASE WARNING FOR PEOPLE CALL ME FOR NOTHING STOP CALL ME IF YOU DON'T HAVE WORK FOR ME PLEASE ABEG DON'T CALL ME FOR QUESTION PLEASE STOP ,, Good morning everyone. You can reach him on, Dollar To Naira Exchange Rate Today (Mar. Required fields are marked *. 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. The official NAFEX rates are obtained from the website of the FMDQOTC. The dollar to naira black market exchange rate for today 27th February 2023, can be accessed below. Exchange Rate of Dollar To Naira in Black Market Today? Good morning. Though the exchange rate fluctuates all the time. The apex bank is said to be investigating seven accounts belonging to Adedotun and abokiFX, vetting every forex transaction from 2019 to 2021. This website uses cookies to improve your experience while you navigate through the website. Today on the black market, 1 Naira () is trading around $730 for purchase and $745 for sale. The local currency opened at N770.00 per $1 at the parallel market otherwise known as the black market today Thursday, 23rd February 2023, in Lagos Nigeria, after it closed at N770 per $1 on Wednesday, 22nd February 2023. Save my name, email, and website in this browser for the next time I comment. The table shows the data and analysis of the variations. Selling Rate. call 07086601942, Good morning everyone. We receive & send to banks in Europe , UK , US , INDIA & Canada . CALL/WHATSAPP 09078785157 or +447418352266. These cookies will be stored in your browser only with your consent. The black market rate is between 800 and 818. Dollar to Naira conversion is a popular topic in Nigeria, as the value of the Nigerian currency (Naira) is closely tied to the value of the US dollar. 750. We sell GBP for 935/, EURO for #820/, USD for 770/$, AUD @ #575, RMB for #115 & CAD for 595/C$. For the basic conversion, we use the midpoint between the buy and sell rates of USD to NGN at currency exchanges across the globe. 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. See today's Dollar to Naira exchange rate. SAR=#180, Menu Were your SECURED, CONVENIENT and FAST cross-border transfer/payment plug. A: 50 Dollars buys 22132.75 Nigerian Naira at interbank exchange rates. 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. EGP =#25, 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. 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. Send to banks in Europe , UK , US , ASIA & Canada in minutes @ ZERO ADDED CHARGES. Rand = 25 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. Our team are constantly monitoring the USD/NGN (Dollar to Naira) exchange rate and updating accordingly. call 07086601942. 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. Constantine street wuse zone4. Here is Todays Euro to Naira black market rate : this is the rate Aboki/Bureau De Change (BDC) are selling and buying The European currency (Euro) currently in Abuja, Kano, Lagos. Convert foreign currencies instantly with the Abokifx calculator. Skip Recommended articles and continue reading . Office address:- bulama house, opp zone4 plaza. From the standpoint of view the market seems to be indicating for a further fall. 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. Conveniently pay SUPPLIERS, SCHOOL FEES, CERTIFICATIONS, VISA APPLICATION fees and students/family UPKEEP. 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. But opting out of some of these cookies may affect your browsing experience. Exchange Rate of Dollar To Naira in Black Market Today? WANT TO BUY OR SELL CURRENCIES/CRYPTOS? 750. CHF =650 The Nigerian economy seems to be a mono economy from the look of things, this means that we rely on foreign goods, services. 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. Good day everyone. Going by sources at the Bureau De Change (BDC) in Lagos, the dollar to . 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. 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. 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