Here is the current USD to Naira black market exchange rate as of today. For the black market and CBN exchange rates for the dollar to naira aboki, respectively. You can exchange your USD for NGN at this rate or use the most recent black market or parallel market rate.
Because the exchange rate on the black market is so much higher than what the bank offers, so many Nigerians prefer to swap their foreign currency, especially US Dollars to naira. Here is the page where you can find the current black market price.
You can quickly check each rate for the currencies you wish to exchange in the parallel markets thanks to the addition of the Aboki fx dollar to naira exchange rate. The most reliable source for the current black market dollar to naira exchange rate is Aboki FX. Their current exchange rate is available here.
Dollar to Naira Black Market Rate Today
|Dollar to Naira (USD to NGN)||Black Market Exchange Rate Today|
What is the current parallel market exchange rate for dollars and naira? You might be interested to know that the rate of the dollar relative to the naira might occasionally differ significantly from that displayed on the website of the Central Bank of Nigeria (www.cbn.gov.ng).
The cost indicated above reflects the current currency rate between the USD and Naira. In order to keep you informed, we will regularly update the current rate. The exchange rate between the US dollar and the naira is the current value of the dollar. For different banks and parallel markets, the rate fluctuates.
How Much is Dollar to Naira Official Exchange Rate Today
Black market (parallel) exchange rates are invariably different from CBN rates. Naira is now trading at 800 to 845. The rate at which the dollar and naira are exchanged has a significant impact on Nigeria’s economy.
Naira depreciation causes the economy to experience inflation, which often has an impact on the populace. Nigerians should aim toward a significant turnaround in the economy, according to Godwin Emefiele, governor of the central bank.
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. These rate normally would always be lower than what is obtainable in the black market.
What’s your Opinion on Dollar to Naira Black Market Exchange Rate Today, let us know what you think and how the Government can work with the CBN to provide reasonable USD to naira rates in the future.
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