In Nigeria foreign exchange, the rate that is easily accessible to the people is the Black market rate. So the exchange rate they buy and sell dollar for naira is called black market rate. This is the current price as updated today, you can always check this spot for daily updates (or periodic updates) because they are done in realtime. Actual rates may vary slightly based on vendor. The FX market is in a constant state of flux, rising or falling in response to economic and fiscal stimuli occurring anywhere on the planet earth. Australian Dollar is being traded at ₦293 in Black Market (Lagos) today, December 12, 2020. Dollar to Naira. This represents a N1 drop when compared to the N462/$1 that it exchanged for on Friday, October 30. These are the prevalent rates for Lagos. 625 / 635. Dollar To Naira In Black Market. Dollar to Naira. The dollar changes for more there. At the black market where forex is traded unofficially, the Naira appreciated against the dollar to close at N464/$1 on Friday By Chike Olisah Forex turnover improved by 9.12% as Nigeria’s exchange rate at the NAFEX window maintained its stability against the dollar to close at N386/$1 during intra-day trading on Friday, November 6. Euros to Naira. Get daily black market exchange rates from dollar to naira, pounds to naira and euro to naira. Wednesday, December 9 2020 . The Naira extended gains into a second day on Thursday, December 10, appreciating by N2 against the US Dollar at the black market to close the day at N476/$1 in contrast to the N478/$1 it traded on Wednesday.However, the Naira wasn’t lucky against th Dollar to Naira. The Canadian dollar to Naira exchange rate today {Black Market} is quite high, at the expense of the Nigerian Naira. However, naira weakened by N2 at the Bureau De Change (BDC) segment as the dollar was traded at N482 on Tuesday as against N480 traded on Monday. We can make 1 dollar = 1 Naira if we really are ready to do the work. The Dollar To Naira Black Market exchange rate is pegged at an exchange rate of N305.5 per $1 had been at what could be described as freefall in the black market. Nigeria’s currency weakened further in value on Thursday by N3, exchanging at N480 with the dollar compared to N477 traded on Wednesday on the black market. Nigeria’s Central Bank at the weekend adjusted the rates by N6 across foreign exchange market segments. Rates are updated during the day as they change. I.e $1 = ₦363. 570 / 580. Breaking News. Canada is one of the 3 main countries in North America. It is called Aboki FX rate because most black market agents are Abokis. Dollar to Naira Rate Black Market November 4 2020. Today’s Naira Black Market Exchange Rates Date USD GBP EURO YUAN Canadian Australian NGN BUY/SELL BUY/SELL BUY/SELL BUY/SELL BUY/SELL BUY/SELL 08/12/2020 470/483 610/620 560/570 50/70 330/362 245/293 07/12/2020 470/482 610/615 560/570 50/70 330/362 245/293 04/12/2020 465/475 615/625 560/570 50/70 330/362 245/293 Today’s Bureau De Exchange Naira … The foreign exchange market has been under pressure since March 2020 following a sharp drop in oil prices as a result of the Covid-19 pandemic Share Nigeria’s currency has been on a steady fall against the dollar on the black market and may fall to N500/$ next week as … The Nigeria black market dollar exchange rate today to the Nigerian Naira is as follows:. Euros to Naira. The continued pressure on the naira was attributed to speculative activities as individual are buying and storing the greenback. Dollar to Naira Rate Black Market November 27 2020. These are the prevalent rates for Lagos. Pounds to Naira. Naira and Dollar. If your Bureau de exchange rate goes below the sell rate here or above the buy rate here, don’t do the … Actual rates may vary slightly based on vendor. The local currency weakened to N500/$ at the black market at the weekend. Dollar to Naira. Exchange Rate of Dollar To Naira in Black Market Today. When we look at the whole month, Australian Dollar was traded at ₦293 at the beginning of December on Wednesday, December 02, 2020. However, the Naira wasn’t lucky against the Pound and the Euro. The Naira extended gains into a second day on Thursday, December 10, appreciating by N2 against the US Dollar at the black market to close the day at N476/$1 in contrast to the N478/$1 it traded on Wednesday. Rates are updated during the day as they change. Usd To Naira Exchange Rate Black Market Monday, 21 September 2020. Although there has been fluctuations in dollar to naira in the black market, so in this post I will update you with the latest dallar to naira buy and sell rate, pounds to naira buy and sell rate, euros to naira buy and sell rate. figures in this page are updated based on rates traded in the Black Market . The foreign exchange market closed on Tuesday with Nigeria’s currency stable at N483 per dollar on the black market. The current exchange rate at the BDC and the black market has defied the CBN’s FX adjustment where it directed the BDCs to sell dollars at N392 to the end-users. Euros to Naira. Selling = 1 USD to Naira 475. The foreign exchange market has been under pressure since March…. Canadian dollar is nicknamed loonies and has the same symbol with the US Dollar and a unit code CAD, it is a brightly colored currency and can be recognised and differentiated from US Dollar easily . The black market is the same as the parallel market. Initial Dollar rate was noted as ₦362 at the beginning of this week on Monday, December 07, 2020. The black market is a market where transactions are carried out with some form of illegality or non-complaint behaviour. Parallel market: According to information from Abokifx – a prominent FX tracking website, at the black market where forex is traded unofficially, the Naira depreciated against the dollar to close at N465/$1 on Thursday. BTC/USD = 19203.1 BTC/NGN = 9255894.194 ETH/USD = 595.5786 ETH/NGN = 287068.8808 LTC/USD = 85.5208 LTC/NGN = 41221.0038 XRP/USD = 0.6103 XRP/NGN = 294.1551 BCH/USD = 285.8079 BCH/NGN = 137759.4234 / =. Lagos parallel market rates/Black market rates: Dollar Naira Exchange Rate Today From Abokifx. This makes no change for AUD rate against Naira this week.. The foreign exchange pressure continued on Friday as Nigeria’s currency weakened by N0.67k against the dollar on the black market, due to increased demand amid a shortage. Buying = 1 USD to Naira 470. 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