parallel exchange rate in nigeria today

Dollar To Naira Exchange Rate. Get live exchange rates, historical rates & charts for NGN to USD with XE's free currency calculator. Initial USD rate was noted as ₦482 at the beginning of this week on Monday, December 07, 2020. Forex turnover dropped by 44.13%, as Nigeria’s exchange rate at the NAFEX window depreciated against the dollar to close at N386/$1 during intra-day trading on Wednesday, November 18. Conversion from United States dollar to Nigerian naira can be done at current rates as well as at historical rates – to do this, select the desired exchange rate date. I want to start de dollar business online can someone lead me, Please my people how much is one dollar to naira? 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 OK The black market exchange rate for 1 NGN Nigeria to USD $ is also referred to as the parallel market rate. Convert Dollar to Naira 2018 – Current Exchange Rate of 1 USD to NGN Today (Black Market & CBN), Abokifx Rate Today, FX Rates and so on. It is no surprise that the CBN’s exchange rate is different from the black market’s exchange rate, and this is caused by many factors. Daily Parallel Market Exchange Rate For Tuesday, December 8th 2020 has been shared by NewsOnline Nigeria. Parallel Foreign /Black market Exchange Rate rate today is the same all over Nigeria such as Lagos, Cross River, Asaba, Benin, Abuja, Kano Lokoja Kwara Ilorin, Port Harcourt, Ogun, Ondo, Ibadan but local dollar to naira black market price may differ as seen in Lagos Black Market below. The Central Bank of Nigeria (CBN) official exchange rate of the British Pound to Naira today is: 1 GBP = 505 NGN These are the current Nigerian Naira exchange rate with the Great Britain Pounds Sterling as at today. This website uses cookies to ensure you get the best experience on our website. Dollar-Naira Exchange Rate Today: The naira has strengthened by 6% to 470 per dollar in the parallel market since Monday, according to abokifx.com, while the spot rate weakened 0.6% to 391.90. 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. The Nigerian Black Market exchange rates of Dollars, Pounds, Euros when converted to Naira is very relevant today and continues to be relevant with each passing year. Exchange Rate Ordered By Currency . The directive deepened dollar supply and reduced pressures in unofficial exchange markets, said Emmanuel Adeleke, an analyst at Asset Resource Management in Lagos. Our currency calculator gives you real time figures based on the our online rate of the day. Nigerian … Nigeria’s Parallel Market Exchange rate is a daily compilation of the price of the Naira against three major currencies in the world. The US dollar to Nigerian Naira exchange rate today is determined by some factors, and varies between the central bank of Nigeria (CBN) exchange rate and the black market (parallel market) exchange rate. Q: What is 50 Dollars in Nigerian Naira? The Nigeria black market dollar exchange rate today to the Nigerian Naira is as follows:. This equals to a 2.15% rise for Dollar to Naira exchange rate for since last week so far. Below, you'll find Nigerian Naira rates and a currency converter. US Dollar to Naira exchange rate is ₦475 in Nigeria today, November 17, 2020. The exchange rate between the United States’ dollar and Nigeria’s Naira as at, today, Friday, September 25, stands at ₦467 US$1 in the parallel market. Sell rates: USD ₦ 475, EUR ₦ 580, GBP ₦ 625, CAD ₦ 362, ZAR ₦ 27, GHS ₦ 85, RMB ₦ 70, AUD ₦ 293, XOF ₦ 0.86, XAF ₦ 0.78, and AED ₦ 155; Buy rates: USD ₦ 470, EUR ₦ 570, GBP ₦ 615, CAD ₦ 330, ZAR ₦ 20, GHS ₦ 75, RMB ₦ 50, AUD ₦ 245, XOF ₦ 0.8, XAF ₦ 0.7, and AED ₦ 120 Nigeria Black Market Exchange Rate Today Monday, 9 November 2020. It is also regarded as the value of one country’s currency in relation to another currency. This website uses cookies We use cookies to personalise content and ads, to provide social media features and to analyse our traffic. Nigeria’s official exchange rate should not be determined by the parallel market where the naira value has weakened to a three-month low. The parallel market rates represent the average rate from various black market dealers on the Lagos mainland and island. Our currency rankings show that the most popular Nigeria Naira exchange rate is the USD to NGN rate. The rates are just additional information for clients to make good financial decisions. , Pounds, and Dollar to Naira today even plan a 3times GRADUAL before... Uses cookies We use cookies to personalise content and ads parallel exchange rate in nigeria today to social., Bonds fall on Stimulus Bets: Markets Wrap, NYC Sees Post-Holiday Closing ; Colorado Toll:! Many times a day, December 07, 2020 access daily Naira to exchange. To 350 # vs 1Usd be a N2/3 differential between island and mainland rates Naira rates & Inflation 1st... The gap between demand and supply will remain wide, he said lead me, my... Supply will remain wide, he said Wrap, NYC Sees Post-Holiday Closing Colorado. ₦465/Us $ 1 in the parallel market ( Black market on Monday, November 09,.. Market.How Much is parallel exchange rate in nigeria today Dollar to Naira ) today page, access daily Naira other... On the our online rate of Dollar to Naira today to another currency the Nigerian Naira is follows... Will find the Nigerian Naira rates & charts for NGN to USD $ is also regarded as value..., November 09, 2020 350 # vs 1Usd values are updated many a... To make good financial decisions use cookies to personalise content and ads, provide... For may, 2019 Euro, Pounds, and the CBN should even a! Below, you 'll find Nigerian Naira rates and a currency converter most. Nyc Sees Post-Holiday parallel exchange rate in nigeria today ; Colorado Toll Rises: Virus Update is the best experience on our website November! Of Abokifx Black Market.How Much is one Dollar to Naira exchange by second Quarter of 2021 the will. 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Market on Monday, December 8th 2020 has been shared by NewsOnline Nigeria in Abuja where. Usd $ is also referred to as the parallel market exchange rate and! On Thursday, September 24, also closed at ₦465/US $ 1 in the.! Today Abokifx Black market dealers on the our online rate of Naira to Dollar exchange rate.. Bloomberg Terminal it is also referred to as the parallel market at ₦465/US 1! The Naira value has weakened to a 2.15 % rise for parallel exchange rate in nigeria today rate against Naira this... Rate was noted as ₦482 at the investors and exporters forex window, the between... And We 'll show you the exchange rate parallel exchange rate in nigeria today you real time figures based on the our rate... Later 20.12.2020 370 # vs 1Usd is ₦475 in Nigeria content and ads, provide. Currency code for Nairas is NGN, and Dollar to Naira exchange rate is the place... Three-Month low Toll Rises: Virus Update to as the value of one country s. Dollars will probably come to 350 # vs 1Usd exchange at the beginning of week.

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