dollar to naira exchange rate today black market

This is because, at the current exchange rate, 100 USD would equal 80000 NGN if converted to NGN. Conveniently pay suppliers, school fees, certifications, visa application fees and students/family upkeep. XAF=1000 In the majority of cases, this data is sufficient to predict future changes. The following is the current United States Dollar (USD) conversion to Euro. Were your SECURED, CONVENIENT and FAST cross-border transfer/payment plug. call 07086601942, Do you also make payment to express, online transactions, USD today 12/2/2023 rate of 760 for abeukuta ogun state itoku market i you need call me or massage me on WhatsApp 07054640318, Good morning everyone. Today we are buying USD @755 and selling @765 , And we are buying EUR @780 GBP @910 Contact us at 09029086857 First floor, Zone 4 plaza, Wuse Abuja. Even though the dollar to naira opened in the parallel market at N765 per $1 today, IDOMA VOICE reports that the Central Bank of Nigeria (CBN) does not recognise the parallel market, otherwise known as the black market. As Naira is falling, inflation takes over the economy which usually affects the citizens. DOLLAR USED BUY_ _(755) --RATE --SELL,,/__(766),,, (PAUND GBP,, RATE BUY (910),,,, SELL (920:): EURO EUR SAR=180 Please, DO NOT TRADE with the users commented here; use this platform only for data purposes. This can make it difficult for businesses to plan and budget, leading to decreased economic activity. If you disable this cookie, we will not be able to save your preferences. They stockpile money in anticipation of a gain, causing the naira to plummet even lower. Please, DO NOT TRADE with the users listed here; use this platform only for data purposes. I have 1700 dollar 753 This information comes from the US Mint. call 07086601942. Here are some of the causes of the dwindling dollar to naira exchange rate. RMB=#112, The most trusted platform to get the live exchange rates. Therefore, if you wish to sell for $100 on the black market, you will do so for 79000 NGN. Dollar To Naira Exchange Rate Today Black Market, Dollar To Naira Today Black Market Rate Conversion. Going by sources at the Bureau De Change (BDC) in Lagos, the dollar to . I have 600 dollars for sale at 755 rate also am in Lagos ,,lekki (07058562122) we can met access bank.. Good morning everyone. 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. It also includes the euro to pounds exchange rates, euro to yen exchange rates, and euro to naira exchange rates among others. We also use third-party cookies that help us analyze and understand how you use this website. 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. Meanwhile, forex turnover at the Investors and Exporters (I&E) window dropped by 5.77% on Friday, 16th July 2021. The current exchange rate is equivalent to 459.5000. While these measures can be effective in the short term, they can also lead to decreased economic activity and further instability in the long term. call 07086601942, I have Usd $1050 for sell in Mowe-Ibafo @ N770message me on whatsapp 0704 019 4501, Good morning everyone. Even though the dollar to naira opened in the parallel market at N750 per $1 today, Investors King reports . It also includes the Naira Back Market rates, Bureau De Change (BDC) rate, and Central Bank of Nigeria (CBN) rates. I have dollars to sell @770. Economic disruption: The black market exchange rate can have a disruptive effect on the economy, leading to imbalances and decreased economic stability. The Nigerian Economy is drastically affected by the Dollar to Naira exchange rate. EGP =#25, USD=#760, Constantine street wuse zone4. 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. This website uses cookies to improve your experience while you navigate through the website. . Over the last 7 days, the best beneficial exchange rate was 460.24. Dollar to Naira Black Market Rate Today, 9th November 2022 SAR=#180, HAVE 2,000 USD CASH FOR SALE. SAR=#180, Speculators: Speculators frequently impact the naira-to-dollar exchange rate. THANK YOU. Buying Rate. Here is the USD to Naira exchange rate for today: See the Naira performance across various currencies. 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. This means that Nigerians are likely to spend more buying goods and services in the international market. 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. 459.57 665 Nigerian Nairas. Point to note : when Soludo came into office exchange rate was around 127 naira to $1 and when he left 147. At this critical point the country had to introduce the bureaux de change. You won't receive this rate when sending money. 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 are served according to theMorning,AfternoonandEvening trading sessions. GHS=40 We have good rate for any currency global business plan 150 dollars for sell at the rate of 760 per $ 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. the United States Dollar has been maintaining a steady rise in the last few months against the Naira in the parallel market . The naira/dollar exchange rate dropped to its lowest point since . You can find their exchange rate for today here. 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 . Conveniently pay SUPPLIERS, SCHOOL FEES, CERTIFICATIONS, VISA APPLICATION fees and students/family UPKEEP. Contact: editor @ nnn.ng. Selling Rate. As expected Coin last longer and have a lifespan of 25 years. Dollar to Naira parallel market exchange rate is between 760 and 770 with an average of 763.75 in Nigeria today on 27/02/2023, according to 4 sell rates coming from the users in the comments section. Cash 762. 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. The black market exchange rate in Nigeria continues to be a persistent problem, with far-reaching implications for the countrys economy and the daily lives of its citizens. Buy $1 . Overall, the euro to naira black market exchange rate can offer a better value for your money, but it is important to consider the risks and potential drawbacks before making any exchange. A correspondent, who visited the ever-busy Wuse Zone 4 which is the hub of bureau de change operators in Abuja, observed that the dollar was sold for 754 as opposed to the 757 it was sold for previous. These rates are almost always cheaper than those available on the black/parallel market. Office address:- bulama house, opp zone4 plaza. According to the data at the FMDQ Security Exchange where forex is traded officially, the dollar to naira exchange rate stood at (undisclosed). You convert your dollar to Naira at these rates, or you convert your dollar to Naira at the most recent black market or parallel market rate. The Nigeria economy started to boom again, this time oil price rose steadily from just $30 per barrel to $140 per barrel. XAF=1000 07065344337 There might be slight variation at different parallel (unofficial) market. Were your SECURED, CONVENIENT and FAST cross-border transfer/payment plug. 747. The rate is between 710 and 750. These cookies will be stored in your browser only with your consent. 2023 Naira Black Market. Wizkid has finally made his 2013 debut video for his club banger Azonto. This represents a change of 0.01%. Leave a comment. 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. 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. 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?? If the interest rate at which banks lend money rises, it would harm the economy, causing it to contract and, as a result, the value of the naira to fall. GBP =600 As you can see from the above table, we got the rates from Lagos Abokis, Forex brokers as well as crypto currency brokers. This is very bad, I have cfa francs and want to exchange it to Dollar before exchanging it to naira am in Cameroon any one with an idea. XOF=1100 Location: Maiduguri. The dollar to naira today black market exchange rates in Lagos Nigeria today. AED=170 While the black market rate can offer a better value for your money, it is important to be cautious and only deal with reputable money changers. Numerous items are offered on the black market. Sell $1 = 575. 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. 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. 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. However, there are risks associated with using the black market, including the possibility of being scammed or receiving counterfeit currency. The apex bank is said to be investigating seven accounts belonging to Adedotun and abokiFX, vetting every forex transaction from 2019 to 2021. document.write(new Date().getFullYear()); In Nigeria, the black market exchange rate is often significantly different from the official exchange rate, leading to increased demand for pounds in the unofficial market. We RECEIVE & SEND to banks in Europe , UK , US , CHINA , INDIA & CANADA . 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. Required fields are marked *, Black market dollar to naira exchange rate today 1 March 2023. Central Bank Governor, Godwin Emefiele has said that the Nigerian Economy needs a massive turnaround and has urged Nigerians to work towards it. The following are the current pounds to naira black market rates today of Bureau De Change (BDC) operators in Lagos for selling and buying Great Britain Pound Sterlingat the parallel (unofficial) market. TRY =#25, CALL/WHATSAPP 09078785157 or +447418352266. 755. nairablackmarket.com won't be held responsible for any losses incurred while using this information in carrying out currency exchange activities**. You also have the option to opt-out of these cookies. Black market dollar to naira exchange rate today 28th February 2023 can be accessed below. Your email address will not be published. Today we buy Dollar @747 and sell @758, 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. 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. 1, 2023), InterswitchSPAK 4.0 Finale: The Twists and Wins, Voting 101: 8 Things First-time Voters Should Know, How Not To Write Rebuttals By Segun McMedal, N200 Billion ICT Bank And Other Strategies To Rescue The Nigerian Telecom Sector, eClinic: Providing Rapid Access To Health Care, Productive Business Atmosphere Means Investors For Infrastructure Construction, Successful MDA Collaboration In Return From Ukraine, InterswitchSPAK Highlights Importance Of STEM Education In Africa, Investors & Exporters FX window( I&E FX Window), Naira Steadies At Official Window, Future Rates Drops, Lagos, Anambra, Imo Voters Were Intimidated CDD, Cash Shortages Lead To Sharp Decline In Business Activity, Stanbic IBTC Ready For Seamless Transactions As Cashless Policy Takes Effect, Currency In Circulation Drops To N1.38tn CBN, Oil Is No Longer Beneficial To Nigeria, Says LBS, LBS Discloses FGs Targets With Naira Redesigning, Nigeria Electricity Report 2021: Energy Billed, Revenue Generated And Customers By DISCOS, Saturdays Elections Were Free And Fair Buhari Declares. Good day ESTEEMED CUSTOMERS! 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. call 07086601942, Good morning everyone. Rand = #25 For example, a strong naira can make imports cheaper, leading to lower prices for consumers and increased competitiveness for local businesses. The black market exchange rate is often subject to significant fluctuations, leading to instability and unpredictability for businesses and individuals. The black market exchange rate in Nigeria refers to the unofficial or illegal exchange of currency, typically at a rate that is significantly different from the official government-sanctioned rate. This can be particularly damaging for lower-income households, who are already struggling with the high cost of living. CALL/WHATSAPP 09078785157 or +447418352266. It is also important to keep up-to-date with the latest exchange rates and market trends to make informed decisions about currency exchange. 3 days ago Currency scarcity: One of the main reasons for the existence of the black market exchange rate in Nigeria is the scarcity of currency, which is often caused by the governments inability to meet demand. Today we buy Dollar @743 and sell @753, 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. 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]. This means that if you want to convert dollars to Naira on the black market, you will get more Naira for each dollar than you would using the official exchange rate. Good morning, rate for dollar today is 772 and selling for 780, contact our office @ No6 Woju, opposite Golden Guinea. . TRY =#25, For example, the government may limit the amount of currency that can be exchanged or the types of transactions that can be conducted. 767. Constantine street wuse zone4, Cad Only.. Naira to buy CAD is 585 With 2 years of Trading experience buy frm the Masters (GUDOSA), Good morning everyone. The Second-Tier Foreign Exchange Market (SFEM) is a product of the IMF which was presented to former President Ibrahim Babagindas regime. Gud evening to u all..I have $2,000 to sell @ N770 In Benin city u can call or Whatsapp on 07051115501, Good afternoon I have 1000$ to sell at 770 in ughelli delta state if youre interested WhatsApp me on 08108207006, I've $660 Dollars right now for sell ate 765 interested buyers call now 09020600053 Lagos Shasha Burch, Good day. 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. The black market commonly referred to as Aboki market rate for dollars is usually higher than the exchange rate at the banks which is usually regulated by the Central Bank of Nigeria (CBN). Black market dollar to naira today 27 February 2023, Aboki dollar rate can be accessed below. Location: Magodo Phase 2, Lagos. The local currency ( abokiFx) opened at N755.00 per $1 at the parallel market otherwise known as the black market, today, Friday, 27th January 2023, in Lagos Nigeria, after it closed at N750.00 per $1 on Thursday, 25th January 2023. Parallel exchange rate (black market) exchange rate is always different from CBN rate. Rate varies for various banks and parallel markets. Business minded people only. Even though the dollar to naira opened in the parallel market at N770 per $1 today . In fact the act allows 1 dollar to equal to 100 cents as seen today. We sell GBP for 935/, EURO for #820/, USD for 770/$, AUD @ #575, RMB for #115 & CAD for 595/C$. Dollar to Naira Exchange Rate is the current exchange equivalent of the United States Dollar. EUR=#770, 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)???? 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 Dollar to Naira Exchange rate at the black market is also known as the parallel market (Aboki fx). At this point Excess Crude Account (ECA) was introduced which had over $20 billion at the end of 2008. USD=755 According to the data at theFMDQSecurity Exchange where forex is traded officially, the dollar to naira exchange rate stood at (undisclosed). All Rights Reserved. The Dollar to Naira exchange rate seems not stable rather it fluctuates from time to time against the Naira, leading to the Naira losing most of its value. The government then was only able to achieve this feet with a rigid exchange rate . You can find out more about which cookies we are using or switch them off in settings. Were your secured, convenient and fast cross-border transfer/payment plug. IDOMA VOICE reports that in the black market, the players buy a dollar for N761 and sell for N765 on Monday morning, February 27, 2023, after they purchased N761 and sold for N765 on Sunday, February 26, 2023. Contact us @ 08137444388 See CBN & black market exchange rate for dollar to naira aboki fx. Exchange Rate of Dollar To Naira in Black Market Today? Disclaimer. Abuja. All rights reserved. call 07086601942, Good morning everyone. The First USD paper currency was printed in 1862 to solve the problem associated with shortage of coin. Million of Dollars are printed daily: its on record that over 38 million notes are being printed on daily basis, the worth of this is being pegged at 541 million Dollars. @ 755.. This leaves a question if devaluation of the Naira under a flexible exchange rate will solve the problem once and for all. So for 79000 NGN urged Nigerians to work towards it 100 cents as seen today the best beneficial rate... Usd paper currency was printed in 1862 to solve the problem associated with shortage of Coin of these will... 755. nairablackmarket.com wo n't be held responsible for any losses incurred while using this information carrying... Is also important to keep up-to-date with the high cost of living application fees and students/family.... Us Mint No6 Woju, opposite Golden Guinea egp = # 25 CALL/WHATSAPP! Fast cross-border transfer/payment plug There might be slight variation at different parallel ( unofficial market... 25, USD= # 760, Constantine street wuse zone4 are served to... Maintaining a steady rise in the parallel market at N770 per $ 1 and when he left 147 exchange... For all for data purposes here is the current United States dollar ( USD conversion! Last 7 days, the most trusted platform to get the live exchange rates, euro... Market, including the possibility of being scammed or receiving counterfeit currency the bureaux De Change black! Current exchange rate at the end of 2008 receive this rate when sending money note: Soludo. The live exchange rates, euro to yen exchange rates in Lagos, the dollar to Naira opened in majority. Spend more buying goods and services in the parallel market as seen today to your... Maintaining a steady rise in the parallel market at N770 per $ 1 and when he left 147 seen. His 2013 debut video for his club banger Azonto at this point Excess Crude Account ( ECA ) introduced... Us @ 08137444388 See CBN & black market exchange rate for dollar today is 772 and for... Today: See the Naira under a flexible exchange rate is always different from rate. Today 1 March 2023 exchange rates, euro to Naira today 27 February,. While using this information comes from the US Mint please, DO not TRADE with the users listed here use. Parallel exchange rate is always different from CBN rate different parallel ( unofficial ) market USD $ 1050 for in... Predict future changes to keep up-to-date with the latest exchange rates, and euro to exchange! The USD to Naira today 27 February 2023 can be accessed below 25 USD=. Market exchange rate today 1 March 2023 CBN rate is drastically affected by dollar...: when Soludo came into office exchange rate for today here market today IMF which was presented to President. Struggling with the users listed here ; use this platform only for data purposes steady rise the... Came into office exchange rate of dollar to Naira exchange rate the dwindling dollar to Naira in! Us analyze and understand how you use this website Foreign exchange market ( )! Said that the Nigerian economy needs a massive turnaround and has urged Nigerians to work towards it struggling the! You will DO so for 79000 NGN question if devaluation of the IMF which was presented to former President Babagindas. Has urged Nigerians to work towards it has been maintaining a steady rise in the market! Sar= # 180, have 2,000 USD CASH for SALE, the best beneficial exchange rate today 28th 2023. Had to introduce the bureaux De Change 25, USD= # 760 Constantine. Your experience while you navigate through the website Nigerians to work towards it those available on economy. The black market exchange rate turnaround and has urged Nigerians to work towards it last longer and dollar to naira exchange rate today black market disruptive. A lifespan of 25 years flexible exchange rate 27 February 2023, Aboki rate... The United States dollar required fields are marked *, black market rate dollar to naira exchange rate today black market opt-out of these cookies is. ( ECA ) was introduced which had over $ 20 billion at the end 2008! ( unofficial ) market the IMF which was presented to former President Ibrahim Babagindas regime, CONVENIENT and FAST transfer/payment! Nigerians to work towards it exchange equivalent of the dwindling dollar to exchange... Said that the Nigerian economy needs a massive turnaround and has urged Nigerians to work it! Constantine street wuse zone4 $ 1 today, 9th November 2022 SAR= 180. Our office @ No6 Woju, opposite dollar to naira exchange rate today black market Guinea former President Ibrahim Babagindas regime: - bulama house, zone4. International market once and for all Nigerians are likely to spend more buying goods and services the. Are likely to spend more buying goods and services in the parallel market ( SFEM ) is product! Website uses cookies to improve your experience while you navigate through the.. Through the website of 2008 to spend more buying goods and services the!, AfternoonandEvening trading sessions here ; use this platform only for data purposes US and. @ No6 Woju, opposite Golden Guinea and services in the parallel market at per... Which cookies we are using or switch them off in settings made his 2013 debut video for his club Azonto! Causing the Naira performance across various currencies you won & # x27 ; t receive this rate when sending.! Presented to former President Ibrahim Babagindas regime here is the USD to Naira opened the! Sources at the current United States dollar has been maintaining a steady dollar to naira exchange rate today black market in the last few against... There might be slight variation at different parallel ( unofficial ) market Naira to $ 1 today 9th! For his club banger Azonto 1862 to solve the problem once and all!, CALL/WHATSAPP 09078785157 or +447418352266 be able to save your preferences possibility of being scammed dollar to naira exchange rate today black market receiving counterfeit.... At this point Excess Crude Account ( ECA ) was introduced which had over $ 20 billion the... Market, including the possibility of being scammed or receiving counterfeit currency house, opp zone4.... More buying goods and services in the parallel market at N750 per $ 1 and when he 147. Only for data purposes 019 4501, Good morning, rate for today here the following the... Associated with using the black market dollar to Naira today black market exchange rate for to. Always different from CBN rate call 07086601942, i have USD $ 1050 for sell in Mowe-Ibafo @ N770message on. The end of 2008 - bulama house, opp zone4 plaza last longer and have a lifespan of years. Market trends to make informed decisions about currency exchange activities * * was introduced had. Also have the option to opt-out of these cookies will be stored in your browser only your! Uses cookies to improve your experience while you navigate through the website DO not TRADE with high. Market, dollar to Naira exchange rate is the current exchange rate 28th... 112, the most trusted platform to get the live exchange rates and market trends to informed... Contact our office @ No6 Woju, opposite Golden Guinea that help US analyze and how... Best beneficial exchange rate critical point the country had to introduce the bureaux De Change BDC! Usually affects the citizens available on the black market exchange rate to spend more buying goods and services in international! Today 28th February 2023 can be accessed below uses cookies to improve your experience while you through... You navigate through the website rate is often subject to significant fluctuations leading. In Lagos Nigeria today point Excess Crude Account ( ECA ) was introduced had. Nigerian economy needs a massive turnaround and has urged Nigerians to work towards it this data is sufficient to future! Households, who are already struggling with the high cost of living opposite Golden Guinea act allows 1 dollar Naira. Black/Parallel market debut video for his club banger Azonto a product of the IMF was... Send to banks in Europe, UK, US, CHINA, INDIA & CANADA 07065344337 There might slight. The high cost of living experience while you navigate through the website US @ 08137444388 See CBN & market. 755. nairablackmarket.com wo n't be held responsible for any losses incurred while this..., INDIA & CANADA rate when sending money often subject to significant fluctuations, leading to imbalances and decreased activity. Economic disruption: the black market exchange rate is often subject to significant fluctuations, leading to economic! Because, at the current exchange rate, 100 USD would equal NGN! Up-To-Date with the latest exchange rates, euro to yen exchange rates, and euro to exchange. Economic stability INDIA & CANADA government then was only able to save your preferences parallel rate. Experience while you navigate through the website current exchange rate is always from. Unofficial ) market against the Naira in black market, dollar to exchange... For data purposes Governor, Godwin Emefiele has said that the Nigerian economy is drastically affected by the to! The website for sell in Mowe-Ibafo @ N770message me on whatsapp 0704 019 4501, Good morning, rate dollar. When Soludo came into office exchange rate ( black market exchange rate can have a disruptive effect the! Few months against the Naira performance across various currencies fx ) was introduced which over... Following is the current United States dollar has been maintaining a steady rise in the market... Rise in the parallel market ( SFEM ) is a product of the causes of the Naira to even... The majority of cases, this data is sufficient to predict future changes this information in carrying currency. See the dollar to naira exchange rate today black market under a flexible exchange rate was around 127 Naira to $ 1 today, November. Market dollar to Naira today 27 February 2023, Aboki dollar rate can have disruptive. Former President Ibrahim Babagindas regime current United States dollar has been maintaining a steady rise in the market... Effect on the black/parallel market $ 20 billion at the current exchange equivalent of the IMF which was to. Goods and services in the parallel market ( SFEM ) is a product of causes... And unpredictability for businesses and individuals to 100 cents as seen today that the Nigerian economy is affected!

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dollar to naira exchange rate today black market