Dollar to Naira Black Market Exchange Rate today. You can now check dollar to naira black market here.
Â
Let’s take to See the current dollar to Naira exchange rate as of today. Let’s help compare the Dollar to Naira bank rate vs aboki rate.Â
Dollar to Naira Black Market Rate Today
Contents
Dollar to Naira Black Market Rate Today
Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
Selling Rate | 746 |
Buying Rate | 735 |
 |  |
 |  |
 |  |
Note:Â
Honestly If you have just a few hundred of dollars right now in Nigeria, you are made, in fact you are a rich man .
Interested in knowing what the black market rates are in Abuja and Lagos? dealers exchanged the naira at 746Â
Â
While if you want to sell 1 dollar right now, they will buy it at 735
This means that if you have 1 Dollar right now you are going to change it for 746
Previously it was reportedly sold in Southend of Nigeria, In Uyo, dealers are said to trade at 740 dollar by punchÂ
Dollar, Pounds, Euro to Naira Today – GBP to Naira Today
Date | Currency | Selling(NGN) | Buying(NGN) |
March 23, 2023 | US DOLLAR | 746 | 735 |
March 23, 2023 | POUNDS STERLING | 915 | 900 |
March 23, 2023 | EURO | 792 | 770 |
USD is being traded at ₦746 in Black Market(Lagos) today, Thursday, March 23, 2023. USD has been traded at ₦747 when Black Market opened this week on Monday, March 20, 2023. This makes it -0.01% decline for USD against Naira this week.
When we look at this month, USD was traded at ₦757 at the beginning of this March on Wednesday, March 1, 2023. As at today with USD being traded at ₦746 we see a -0.11% decline for USD to Naira exchange rate for this month.
Dollar to Naira Yesterday and Throughout the Week
How much is naira to dollar today in black market?
You can now See today’s black market dollar to naira exchange rate today. When we checked on PREMIUM TIMES reports on forex dealers in Uyo and Abuja respectively it was reported that the paired currency closed at N735 and N746 per $1 at the black market.
Based on what premium times report we have been able to arrived at the following calculations
Black Market table rate
1 | 746 |
5 | 3730 |
10 | 7460 |
15 | 11190 |
20 | 14920 |
25 | 18650 |
30 | 22380 |
40 | 29840 |
50 | 37300 |
100 | 74600 |
150 | 111900 |
200 | 149200 |
250 | 186500 |
300 | 223800 |
350 | 261100 |
500 | 373000 |
750 | 559500 |
1000 | 746000 |
1500 | 1119000 |
2000 | 1492000 |
5000 | 3730000 |
10000 | 7460000 |
Let’s not forget that TheCable had earlier on given us a report , that the Nigerian Naira traded at N735/$1.
“browsing through the market report and watch of TheCable showed that the Nigerian Naira was and currently exchanges at 746 to the dollar at just three different markets in Lagos, ”
News flash:The dollar rose to between 735 and 746 in different parts report punch News paper
https://punchng.com/dollar-hits-n575-two-days-after-aboki-fx-update-suspension/
link from report of punch publication
The Central Bank of Nigeria has suspended the sale of Dollars to BDC and has asked banks to meet dollar demand of ordinary Nigerians who want to genuinely want dollars for genuine reasons.
Right now The only exchange rate market recognize by CBN is the Investors and Exporters window, So if you want to buy or sell dollars you are expected to make use it without breaking the law.
Although everyone has been airing their own opinion on this matter. Expert has argued that had it been the BDC was operational things won’t have gone wrong this far.
Let’s not forget that the CBN has condemned the act of registered money changers who engaged in round-tripping..
See:
pounds to Naira Black Market Rate today
rate for Dollar to Naira exchange rate.Abokifx exchange rate in Nigeria today black market
black market rate dollar to naira
usd to ngn black market today.
how much is dollar to naira today in black market
Key Factors that Affect Foreign Exchange Rates
Here are factors we have identified that make naira or exchange rate to fluctuate.
INFLATION RATES: inflation is known to have a direct impact on blackmarket exchange rate. If the Nigerian economy can be stable and inflation put under control, it will impact positively on the Naira but on the other hand if the Naira continues to nose dive down it could tell that the prices of food and other basic necessities are getting higher on daily basis.
INTEREST RATES: interest rates is another instrument to watch. If the rate at which bank lends money out goes up then it will reflect negatively on the economy, making the economy to contract and hence naira will suffer a fall in value.
GOVERNMENT DEBT: National debt can influence investors confidence and subsequently inflow of dollars into the economy. If inflows are high naira exchange rate will appreciate favourably to the Naira.
SPECULATION: most times naira to dollar exchange rate are influenced because of speculators. They hoard money in anticipating gain and this makes naira to fall further.
TERMS OF TRADE: favourable terms of trade will lead to increase in the value of Naira to dollar but unfortunately Nigeria is experiencing an imbalance terms is trade. We import everything from China, India and most of Asians countries.
RECESSION: recession is a stress on the economy. This scares investors and direct investment away from the economy. Nigeria experienced recession in 2016 and a third recession in 2020 due to fall in oil price and Covid-19 impact on world economy.
We remain a trusted and reliable source of information as regards career, employment, payroll management and lots more.We have been featured in numerous and popular websites including
Crunchbase, Glassdoor, Craft, Medium, Facebook, the Guardian,Twitter and lots more
Use to whatsapp
What is the cost of dollars in the black market?
Can I subscribe to daily updates?
I have 100$ to sell
How can I get it ???
1 dollar in the black market today 23rd September 2021, is at 565
How much
Hello my name is yusuf
Hi
Yeah how are you doing?
Hi am basheer muhammad argungu
Ok my name is Hassan
You’re wonderful by sending vital information. Pls l want to subscribe to daily news about the activities of exchange rate.
Pls I need updates, Thanks
Do you handle dollar-naira exchange?
Thanks
I love this
My name is mustapha umar I want this business
Hi
Why the Dollar to Naira spiked on May 20 to N662
Hi I’m Julian
Please I would like to be daily updated on the activities of currency exchange rate.
Please were can I change my dollar in oyo west, serious buy oo, at 500naira pa dollar
WhatsApp 08175042406
Pls how much is dollar today
i have us dollar of 150000$ to trade any body interested should mail me @ [email protected] , i sell it very low price , u can buy in bulk or pieces
thanks
Really
I need a trusted source for daily dollar supply, whether it is a site or individual so far, transactions are done on escrow, please message me on whatsapp…
Great Post! Can you share with me your converter widgets? Would like to imbed it in my new site. Thanks.
hello, I have 600 dollars to sell
How much are you selling the $600
I need urgent dollar now. $10000 in good price thanks. U can inbox me via 08035402664
Selling 573 available call dis 07030344596
I have 10,000usd to sell you can contact on 08072534091
09017784476
Hi, am in Abuja please how much is dollar exchange to Naira today, please ni need urgent reply thamks
Dollar is 560 currently now any seller should contact me immediately ([email protected])
Do you want to buy? Is 465
How is dollar today
Hello everyone, I buy dollars, if you have any send me a DM on WhatsApp 08164335717
please don’t update the black market rate again, it is not fair on the economy
2500$ @N500
Interested whatsapp me +2349036500131
Dollar is 560 currently now any seller should contact me immediately ([email protected])
How much is 1500 dollars today???
Hwy 412 one dollar at bank end 570 at black market nigérian stop finish your cuntry
How much is Naira to Dollar in Lagos right now?
I have$300 to sell
Please I want to by $dollars
How much is it
590 per dollar
Please you people can notifie me through my email
I want to buy some
I need urgent dollar now. $10000 in good price thanks. U can inbox me via 08035402664
I have 10,000uds for sale contact me on 08072534091
I’ll like to be posted on daily exchange rates. Especially when it goes high. Thank you
Please How much is dollar now
How much is’t.
DM me on WhatsApps
08096243994
For those who what to sell in a cheaper price Only
I have dollars to sell.
If u r interested contact me.
Uyo.
07084247110
I can help you changed your USD from home, bank stress free, rate is good (550$) instant payment is guaranteed but I have a percentage in every dollar I help you to changed. You can WhatsApp me 0815 781 7304
Any buyer in Delta? Warri area
I have 2500$ and 1 BTC to sell @ rate of N500
WhatsApp +2349036500131
I have $50/for sell @ #28500 WhatsApp 08133905005
Hi , my name is cherif I want to know the exchang rate of euro to niara in black market presently.
Await u reply
Thanks