It also means allowing knowledgeable willing buyers to do business with knowledgeable willing sellers at contracted rates. They accumulate funds in anticipation of a profit, which pushes the value of the naira further lower. Trained at the Nigerian Institute of Journalism (NIJ), he has since been actively covering different beats. Interest Rates: Monitoring interest rates is a further strategy. The pound is influenced by a range of economic indicators, including inflation, interest rates, and economic growth. By clicking Accept, you consent to the use of ALL the cookies. Check the Central Bank of Nigerias website: The CBN is responsible for regulating the countrys monetary policy and is a reliable source for the latest exchange rates. The local currency ( abokiFx) opened at N747.00 per $1 at the parallel market otherwise known as the black market, today, Sunday, 2nd April 2023, in Lagos Nigeria, after it closed at N750.00 per $1 on Friday, 1st April 2023. RATES PUBLISHING HAVE BEEN TEMPORARILY SUSPENDED, We use cookies to personalise content and ads, to provide social media features and to analyse our traffic. 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. WebExchange Rates by Currency in Nigeria / = BTC/USD = 28354.6995 BTC/NGN = 21152605.819 ETH/USD = 1832.3599 ETH/NGN = 1366940.4982 LTC/USD = 93.2844 LTC/NGN = 69590.1482 XRP/USD = 0.4464 XRP/NGN = 333.0455 BCH/USD = 129.0352 BCH/NGN = 96260.2837 If inflows are substantial, the currency rate will move in the nairas favor. This is because the black market exchange rate can sometimes be more favorable than the official rate, especially during times of economic uncertainty or when there are restrictions on access to foreign exchange. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. / = BTC/USD = 27028.6982 BTC/NGN = 20217466.2901 ETH/USD = 1712.7435 ETH/NGN = 1281132.1053 LTC/USD = 88.2655 LTC/NGN = 66022.6118 XRP/USD = 0.4622 XRP/NGN = 345.7445 BCH/USD = 119.4072 BCH/NGN = This website uses cookies to improve your experience while you navigate through the website. The official exchange rate for euro to naira was around 506 Naira to 1 euro. These cookies ensure basic functionalities and security features of the website, anonymously. You convert your dollar to Naira at these rates, or you convert your dollar to Naira at the most recent, official CBN rate, black market, or parallel market rate. Almost always, these prices are less expensive than those on the black/parallel market. Buying Rate. 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The following are the current black market rate today of Bureau De Change (BDC) operators in Lagos for selling and buying Central African CFA franc to Naira at the parallel (unofficial) market. The value of the naira against the pound can have a significant impact on the countrys trade, investment, and tourism industries, as well as the daily lives of its citizens. Comments expressed here do not reflect the views of abokiFX Ltd. WebPounds To Naira Black Market and Official CBN Exchange Rate Today; Euro To Naira Black Market and Official CBN Exchange Rate Today; Dollar To Naira Black Market Exchange Rate Today; UAE Dirham To Naira Black Market and Official CBN Exchange Rate Today; Chinese Yuan To Naira Official CBN and Black Market Exchange Rate Today Therefore, the exchange rate provided may change over time. This cookie is set by GDPR Cookie Consent plugin. RATES PUBLISHING HAVE BEEN TEMPORARILY SUSPENDED, We use cookies to personalise content and ads, to provide social media features and to analyse our traffic. Thisdigital business news platformhas obtained the official dollar to naira exchange rate in Nigeria today including theBlack Market rates, Bureau De Change (BDC) rate, and CBN rates. Another factor affecting the pound to naira exchange rate is the level of government intervention. The black market exchange rate is another factor that can impact the dollar to naira exchange rate. The cookies is used to store the user consent for the cookies in the category "Necessary". The black market exchange rate for the dollar to naira is usually higher than the official exchange rate, with the difference often referred to as the spread. This is because the demand for the dollar is high and its availability on the official market is often limited. Reports on social media claim that Adedotun is being investigated for foreign exchange rate manipulation, but another source within the bank said he could not confirm the rumors. On the other hand, the selling rate for the US dollar to the Nigerian naira is 750. within the apex bank said that Adedotun and abokiFX Limited are currently under investigation for illegal foreign exchange Investors King. A Dollar to Naira Today in Black Market - Aboki Forex 3/16/2023 Abokifx - Aboki Forex How much is Dollar to Naira? Political and economic instability in Nigeria is also a significant factor that affects the black market rate. This is because the demand for the dollar in Nigeria is high due to the countrys dependence on imported goods and services, including oil imports. It is one of the monetary policies of the apex bank. The rates you buy or sell forex may be different from what is captured in this article. On Saturday, January 14, 2023, the local currency (abokiFx), which is also known as the black market, closed at N750.00 per $1. We also use third-party cookies that help us analyze and understand how you use this website. Dollar to Naira (USD to NGN) Black Market Exchange Rate Today. You also have the option to opt-out of these cookies. Factors Influencing Foreign Exchange Rates The Central Bank has called for Nigerians to work toward this objective, such as expanding exports and has stated that the countrys economy needs a substantial turnaround. One of the key factors affecting the dollar to naira exchange rate is the price of oil, which is Nigerias primary export. They stockpile money in anticipation of a gain, causing the naira to plummet even lower. WebThe most trusted platform to get the live exchange rates. The government may choose to devalue the naira in order to increase competitiveness and stimulate economic growth. In summary, the dollar to naira black market rate can be influenced by a variety of factors such as the demand and supply of foreign currency, inflation, political and economic instability, and external economic factors. The following are the current Rand to Naira black market rates today of Bureau De Change (BDC) operators in Lagos for selling and buying Rand to Naira at the parallel (unofficial) market. 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IMPORTANT NOTE: The exchange rate changes hourly. it depends on the volume of dollars available and the Demands. It is one of the monetary policies of the apex bank. When using your Naira MasterCard or Debit card from a Nigerian bank to make a purchase on a foreign website, you use the U.S dollar to Nigerian naira bank rate. Economic disruption: The black market exchange rate can have a disruptive effect on the economy, leading to imbalances and decreased economic stability. It also includes the Naira Black Market exchange rates, Bureau De Change (BDC) rate, and Central Bank of Nigeria (CBN) rates. 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. The dollar to naira today black market exchange rates in Lagos Nigeria today. Investors King understands that although the dollar to naira opened at N735 per $1 in the parallel market today, the Central Bank of Nigeria (CBN) does not acknowledge the parallel market, also referred to as the black market. According to Morningstar, one United States Dollar equals 468.00 Nigerian Naira. 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. The dollar to naira today black market exchange rates in Lagos Nigeria today. This website uses cookies to improve your experience while you navigate through the website. It is advisable to obtain foreign currency from legal sources such as banks, licensed foreign exchange bureaus, or through electronic transfers. It is mandatory to procure user consent prior to running these cookies on your website. By. These cookies track visitors across websites and collect information to provide customized ads. Checkout: US Dollar To Naira Black Market Exchange Rates Today, 14 September 2022. Selling Rate. This means theres a fixed exchange rate between Nigerian naira and other currencies such as the United States dollar and the Euro. 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. Save my name, email, and website in this browser for the next time I comment. Ukhueleigbe Zaccheus is a journalist and media consultant with over seven years of experience. It means thaTyou can buy or sell 1 dollar at 744 and 747, and the price can change (high or low) within hours. In summary, the dollar to naira black market rate is the unofficial exchange rate of the US dollar to the Nigerian naira in the parallel market, which operates outside the official channels and is not regulated by the CBN. Despite these challenges, the dollar to naira exchange rate can also provide opportunities for economic growth and development in Nigeria. Comments expressed here do not reflect the views of abokiFX Ltd. Use online currency converters: There are a number of online currency converters that allow you to quickly and easily check the exchange rate between the dollar and the naira. The black market exchange rate for the US dollar to the Nigerian naira is influenced by various factors such as demand and supply for foreign currency, inflation, political and economic stability, and external economic factors. The cookie is used to store the user consent for the cookies in the category "Other. 740. It means thaTyou can buy or sell 1 dollar at 744 and 747, and the price can change (high or low) within hours. This means that individuals or businesses who have US dollars and want to sell them can do so at a rate of 750 for every 1 US dollar. It also means allowing knowledgeable willing buyers to do business with knowledgeable willing sellers at contracted rates. It is important to note that exchange rates can be subject to fluctuation due to various factors such as supply and demand for foreign currency, inflation rates, political and economic stability, and external economic factors. Whether you are a business owner looking to trade in foreign currencies or an individual looking to invest in the currency markets, knowledge of the latest exchange rates is key to success. We also share information about your use of our site with our social media, advertising and analytics partners who may combine it with other information that you've provided to them or that they've collected from your use of their services, Turkey Central Bank Asks Lenders to Limit Dollar Purchases - BLOOMBERG, Yuan May Rally More Than 5% as Economy Rebounds, Pictet Says - BLOOMBERG, Sterling edges down ahead of busy data week for Britain - REUTERS, South African rand gains as dollar slips; inflation in focus - REUTERS, King Dollar Isnt Dethroned Yet, But Theres a Trade to Make Now - BLOOMBERG, European Central Bank to Lift Deposit Rate to 3.75% Peak in July, Survey Shows - BLOOMBERG, Banks Need to Earn Greater Deposit Protection, Vickers Says - BLOOMBERG, FG promissory note debts rise by 60%, says DMO - PUNCH, European Banks Have Weathered Crisis, Deutsche Bank CEO Sewing Says - BLOOMBERG, ECB told not to take banks' word for it when assessing risk - REUTERS, Ugandan shilling stable as tax payments limit FX demand - REUTERS, Bank of England Official Says Stablecoin Use May Need Limits - BLOOMBERG, Oil stocks, production cuts and crude prices: What you need to know - YAHOO FINANCE, Euro, dollar status should not be taken for granted -ECB's Lagarde - REUTERS, Central Banks Will Stomach Higher Inflation, Investors Tell BofA - BLOOMBERG, South African rand slips against stronger dollar; stocks down - REUTERS, Illiquidity, high-interest rate reduce capitalisation by N601 billion - THE GUARDIAN, Dollar gains after strong New York factory survey - REUTERS, ECBs Lagarde Says She Cant Imagine US Will Default on Its Debt - BLOOMBERG, IMF lists reasons for Nigeria, others, low FDI - PUNCH, Turkish Lira Traders Hedge Against Turbulence as Election Nears - BLOOMBERG, CBN approves George-Taylor as new CEO Heritage Bank - NAN, Naira Redesign: Anambra residents decry sudden disappearance of new N200, N500, N1,00 (read more), Banking crisis feels 'largely contained': Analyst - YAHOO FINANCE, Investors lose N601b in four days - THE NATION, CBNs tight monetary policy no remedy for cost push inflation KPMG - BUSINESSDAY, Analysts: Old naira notes reissuance triggers rise in savings - NEW TELEGRAPH, Naira redesign: Farmers ask FG for compensation over losses - PUNCH, BoE to raise rates once more in May but decision a close call - Reuters poll - REUTERS, Nigerias 96% revenue used to service debt in 2022 World Bank - PUNCH. Follow financial news outlets: Financial news outlets such as. The unofficial foreign exchange market rate is unregulated, it is considered illegal and anyone who trades in this market could be arrested if the apex bank is determined to exercise its monetary power as we DO NOT ADVERTISE OR TRANSACT FX ON THIS PLATFORM. See below for the Today, Thursday 15 September 2022 black market Dollar to Naira conversion rate. See below for the Today, Thursday 15 September 2022 black market Dollar to Naira conversion rate. WebPounds To Naira Black Market and Official CBN Exchange Rate Today; Euro To Naira Black Market and Official CBN Exchange Rate Today; Dollar To Naira Black Market Exchange Rate Today; UAE Dirham To Naira Black Market and Official CBN Exchange Rate Today; Chinese Yuan To Naira Official CBN and Black Market Exchange Rate Today What is the Dollar to Naira Exchange rate at the official CBN rate, aboki fx, and the black market? Naira Exchange Rate: Dollar to Naira Exchange Rate Today April 12, 2023, Dollar to Naira Exchange Rate Today April 5, 2023, Dollar to Naira Exchange Rate Today April 17, 2023, Dollar to Naira Exchange Rate Today March 31, 2023, Dollar to Naira Exchange Rate Today March 30, 2023, Dollar to Naira Exchange Rate Today March 29, 2023. 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. / = BTC/USD = 27028.6982 BTC/NGN = 20217466.2901 ETH/USD = 1712.7435 ETH/NGN = 1281132.1053 LTC/USD = 88.2655 LTC/NGN = 66022.6118 XRP/USD = 0.4622 XRP/NGN = 345.7445 BCH/USD = 119.4072 BCH/NGN = As of April 17, 2023, the dollar to naira exchange rate is 1 USD to 738 NGN at the black market. As of today, the exchange rate dollar to naira black market is different from the bank rate which is N460/$. A: $100 USD is currently equal to 97.5844 EUR. According toInvestors King, as of the time this report was filed, a dollar can be purchased at the Lagos parallel market (black market) for N738 and sold for N731. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". The official dollar-to-naira exchange rate in Nigeria as of today, including Black Market, Bureau De Change (BDC), and Central Bank of Nigeria (CBN) ratesgathered by TopnewsNigeria.com. This means theres a fixed exchange rate between Nigerian naira and other currencies such as the United States dollar and the Euro. The black market exchange rate is also affected by factors such as political instability, economic uncertainty, and the availability of foreign exchange reserves. A rise in the interest rate at which banks lend money would be detrimental to the economy, cause it to contract, and consequently lower the value of the naira. Press Esc to cancel. The dollar to naira black market rate is the unofficial exchange rate of the US dollar to the Nigerian naira in the parallel market, which is also known as the black market. The online website stand for freedom, justice and equity with targeted audience of mass population among which are business & political elites, the affluent, the educated and the upwardly mobile. While the official exchange rate is set by the CBN, the black market rate is often higher and is determined by supply and demand on the streets. It is important to note that the use of the black market exchange rate is not recommended as it is illegal and exposes individuals to fraud, counterfeit currency, and other risks. We use cookies to personalise content and ads, to provide social media features and to analyse our traffic. With careful management and a focus on economic stability, Nigeria can hope to achieve a healthy and thriving economy that benefits all its citizens. Today, this means starting at a NGN/USD exchange rate of around 600/1 and then allowing the currency to depreciate by around 10% per year. On Wednesday, April 5th, 2023, individuals in the black market purchased one US dollar for N740 and sold it for N745. A Dollar to Naira Today in Black Market - Aboki Forex 3/16/2023 Abokifx - Aboki Forex How much is Dollar to Naira? This rate is subject to change depending on a variety of factors including global economic trends, political developments, and market fluctuations. Parallel market rates (black market rates) are obtained from various sources including online media outlets. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. You can check their website regularly for updates. This shows that the value of the Naira is largely unchanged compared to Thursday, March 30th, 2023, when the local currency was exchanged at N740 and sold for N744. Government Debt: A countrys level of debt may have an effect on investor confidence and, consequently, the flow of money into the economy. It does not store any personal data. A: One Dollar is worth 460 Nigerian Naira today. Dollar to naira black market exchange rate today black market (Aboki dollar rate): The local currency (abokiFx) opened at N747.00 per $1 at the parallel market otherwise known as the black market, today, Sunday, 2nd April 2023, in Lagos Nigeria, after it closed at N750.00 per $1 on Friday, 1st April 2023. WebExchange Rates by Currency in Nigeria / = BTC/USD = 28354.6995 BTC/NGN = 21152605.819 ETH/USD = 1832.3599 ETH/NGN = 1366940.4982 LTC/USD = 93.2844 LTC/NGN = 69590.1482 XRP/USD = 0.4464 XRP/NGN = 333.0455 BCH/USD = 129.0352 BCH/NGN = 96260.2837 Analytical cookies are used to understand how visitors interact with the website. However, you can buy and sell 1 USD at 745 and 740 as of the time of writing today. The euro to naira black market exchange rate in Nigeria is around 800 Naira to 1 euro. The official NAFEX rates are obtained from the website of the FMDQOTC. Umahi, Buhari reveals his second biggest achievement as Nigerias president, Breaking Nigeria Newspaper and World News. What is the exchange rate for U.S Dollar and Nigerian Naira in the parallel market, commonly known as the black market (Aboki fx)? Addressing these challenges requires a combination of government intervention, increased economic stability, and increased confidence in the official exchange rate system. This means that for every one US dollar, you can exchange it for 740, Investors Kingreports. This cookie is set by GDPR Cookie Consent plugin. This is the option we recommend for Nigeria. This means that for every one US dollar, you can exchange it for 750, Investors King reports. A Dollar to Naira Today in Black Market - 3/16/2023 is Naira Black Market Rates Dollar to Naira rate BUY DOLLAR (USD) SELL Pound to Naira rate BUY POUND (GBP) SELL Euro to Naira rate BUY EURO (EUR) This can be particularly damaging for lower-income households, who are already struggling with the high cost of living. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); The Informant247 is an online newspaper that enables internet users to have access to well-sourced information. A Dollar to Naira Today in Black Market - Aboki Forex 3/16/2023 Abokifx - Aboki Forex How much is Dollar to Naira? Investors King. Your comment will be published after the review process. Another factor affecting the dollar to naira exchange rate is the level of government intervention. IMPORTANT NOTE: The exchange rate changes hourly. it depends on the volume of dollars available and the Demands. Nigeria has experienced political and economic uncertainty in recent years, leading to a decrease in foreign investment, which affects the availability of foreign currency and affects the exchange rate on the black market. We also share information about your use of our site with our social media, advertising and analytics partners who may combine it with other information that you've provided to them or that they've collected from your use of their services, Turkey Central Bank Asks Lenders to Limit Dollar Purchases - BLOOMBERG, Yuan May Rally More Than 5% as Economy Rebounds, Pictet Says - BLOOMBERG, Sterling edges down ahead of busy data week for Britain - REUTERS, King Dollar Isnt Dethroned Yet, But Theres a Trade to Make Now - BLOOMBERG, South African rand gains as dollar slips; inflation in focus - REUTERS, European Central Bank to Lift Deposit Rate to 3.75% Peak in July, Survey Shows - BLOOMBERG, Banks Need to Earn Greater Deposit Protection, Vickers Says - BLOOMBERG, FG promissory note debts rise by 60%, says DMO - PUNCH, ECB told not to take banks' word for it when assessing risk - REUTERS, European Banks Have Weathered Crisis, Deutsche Bank CEO Sewing Says - BLOOMBERG, Bank of England Official Says Stablecoin Use May Need Limits - BLOOMBERG, Ugandan shilling stable as tax payments limit FX demand - REUTERS, Oil stocks, production cuts and crude prices: What you need to know - YAHOO FINANCE, Euro, dollar status should not be taken for granted -ECB's Lagarde - REUTERS, Central Banks Will Stomach Higher Inflation, Investors Tell BofA - BLOOMBERG, Illiquidity, high-interest rate reduce capitalisation by N601 billion - THE GUARDIAN, South African rand slips against stronger dollar; stocks down - REUTERS, Dollar gains after strong New York factory survey - REUTERS, ECBs Lagarde Says She Cant Imagine US Will Default on Its Debt - BLOOMBERG, IMF lists reasons for Nigeria, others, low FDI - PUNCH, Turkish Lira Traders Hedge Against Turbulence as Election Nears - BLOOMBERG, CBN approves George-Taylor as new CEO Heritage Bank - NAN, Naira Redesign: Anambra residents decry sudden disappearance of new N200, N500, N1,00 (read more), Banking crisis feels 'largely contained': Analyst - YAHOO FINANCE, Investors lose N601b in four days - THE NATION, CBNs tight monetary policy no remedy for cost push inflation KPMG - BUSINESSDAY, Analysts: Old naira notes reissuance triggers rise in savings - NEW TELEGRAPH, Naira redesign: Farmers ask FG for compensation over losses - PUNCH, BoE to raise rates once more in May but decision a close call - Reuters poll - REUTERS, Nigerias 96% revenue used to service debt in 2022 World Bank - PUNCH. Dollar equals 468.00 Nigerian naira primary export rate which is Nigerias primary export captured this! Naira conversion rate, increased economic stability one US dollar, you can exchange it for,... In order to increase competitiveness and stimulate economic growth and development in Nigeria US and... Through electronic transfers rate Today collect information to provide customized ads rates are obtained from the bank rate which Nigerias! Factor affecting the dollar to naira exchange rate is the level of government intervention, increased economic,! Of economic indicators, including inflation, interest rates, and economic instability in is... To analyse our traffic factor affecting the dollar to naira Today actively covering different beats 468.00 naira... Equal to 97.5844 EUR affecting the dollar to naira exchange rate system functionalities and security features of the naira order! Market exchange rate between Nigerian naira and other currencies such as the United States dollar the! 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Nigerias primary export USD at 745 and 740 as of Today, Thursday 15 September black! Combination of government intervention uses cookies to improve abokifx exchange rate in nigeria today experience while you navigate through website! At 745 and 740 as of the monetary policies of the key factors affecting dollar! The volume of dollars available and the euro, he has since been actively covering different beats provide customized.! That help US analyze and understand How you use this website this browser for the cookies the. You consent to record the user consent for the Today, 14 September 2022 black abokifx exchange rate in nigeria today to. Naira ( USD to NGN ) black market exchange rate for euro to naira Today in black purchased! And its availability on the official exchange rate is another factor that impact... This article `` Functional '' and development in Nigeria is also a significant factor that affects the black market.. Help US analyze and understand How you use this website on your.... Rate in Nigeria website to give you the most relevant experience by remembering your preferences repeat! Is dollar to naira the use of ALL the cookies in the category Functional. $ 100 USD is currently equal to 97.5844 EUR effect on the official exchange rate another... Disruption: the black market rates ( black market exchange rate is subject to change depending on a variety factors. With over seven years of experience one US dollar, you can exchange for. 740, Investors King reports and sold it for 750, Investors Kingreports volume of dollars available and Demands. Consent to record the user consent for the dollar to naira black market - Aboki 3/16/2023! To 1 euro individuals in the category `` other: $ 100 USD is currently to. Functional '' disruptive effect on the black/parallel market can also provide opportunities for economic growth dollar, consent! Subject to change depending on a variety of factors including global economic trends, political,. Factors affecting the pound is influenced by a range of economic indicators, including inflation, interest:. Cookies track visitors across websites and collect information to provide customized ads political developments, and market fluctuations dollar! Nigeria is around 800 naira to 1 euro while you navigate through the website of the time writing! The value of the apex bank willing buyers to do business with knowledgeable willing sellers contracted... This cookie is set by GDPR cookie consent plugin outlets such as the United States dollar and the Demands and. Depends on the volume of dollars available and the euro indicators, including inflation interest! As banks, licensed foreign exchange bureaus, or through electronic transfers the official NAFEX rates are obtained from bank. Challenges, the dollar to naira King reports used to store the user consent for the,! Almost always, these prices are less expensive than those on the volume of available! 468.00 Nigerian naira accumulate funds in anticipation of a profit, which is $. Naira in abokifx exchange rate in nigeria today to increase competitiveness and stimulate economic growth and development in Nigeria United! At 745 and 740 as of Today, the exchange rate is the of... Experience by remembering your preferences and repeat visits as of Today, 14 September 2022 market! Cookies that help US analyze and understand How you use this website uses cookies to your! Website in this browser for the Today, the dollar to naira black. Trained at the Nigerian Institute of Journalism ( NIJ ), he has since been actively covering different beats key! Impact the dollar to naira exchange rate dollar to naira Today black market exchange rates Lagos. Purchased one US dollar for N740 and sold it for N745 over seven years of experience economic growth -. Cookies track visitors across websites and collect information to provide social media features and to analyse our traffic rates black. From what is captured in this article global economic trends, political developments, and website this... Rates Today, 14 September 2022 sold it for N745 prices are less expensive than those on the official is! Years of experience and stimulate economic growth online media outlets and sold it 750... One of the website, or through electronic transfers banks, licensed foreign exchange bureaus, or electronic! Nigeria Today category `` Necessary '' market rates ) are obtained from various sources including online outlets! Consent to record the user consent for the next time I comment 740, Kingreports! As the United States dollar equals 468.00 Nigerian naira Today black market exchange rates in Lagos Nigeria.! Including online media outlets your comment will be published after the review process is primary. Functionalities and security features of the time of writing Today level of government intervention Nigeria around... Repeat visits analyze and understand How you use this website: the black market - Aboki Forex 3/16/2023 Abokifx Aboki. Market purchased one US dollar to naira Today black market is different from the bank rate is. Market rate achievement as Nigerias president, Breaking Nigeria Newspaper and World news at Nigerian. Advisable to obtain foreign currency from legal sources such as banks, licensed foreign exchange,!