Dollar to Naira Black Market rate – Here is the current USD to Naira rate today. See CBN & black market exchange rate for dollar to naira aboki fx. You change your USD to naira at these rate or convert dollar to naira at the latest black market rate or parallel market.
So many Nigerians prefer to exchange their foreign currencies especially the US Dollars to naira using the black market because the exchange rate is very high compared to what the bank offers. If you want to know the current black market rate, here is the page to find that.
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Aboki fx dollar to naira exchange rate has also been added here so you can easily verify each of the rate for the currencies you want to exchange in the parallel markets. Aboki fx is the most trusted source for black market dollar to naira rate today. You can find their exchange rate for today here.
Dollar to Naira Black Market Rate Today
Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
Buying Rate | 745 |
Selling Rate | 770 |
What is the current dollar to naira exchange rate in parallel market? Well, it may interest you to know that Dollar to Naira rate in the black market sometimes varies hugely from the rate in Central Bank of Nigeria website (www.cbn.gov.ng).
The price listed above is the current USD to Naira exchange rate. We will always update the latest rate on a daily basis to keep you informed. Dollar to Naira Exchange Rate is the current exchange equivalent of the United States Dollar. Rate varies for various banks and parallel markets.
How Much is Dollar to Naira Official Exchange Rate Today
Parallel exchange rate (black market) exchange rate is always different from CBN rate. Currently, Naira is trading at 710 Naira Per Dollar. The Nigerian Economy is drastically affected by the Dollar to Naira exchange rate.
As Naira is falling, inflation takes over the economy which usually affects the citizens. Central Bank Governor, Godwin Emefiele has said that the Nigerian Economy needs a massive turnaround and has urged Nigerians to work towards it.
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). The CBN Exchange rate is the rate you can buy or sell dollars for naira listed on CBN dollar to naira website cbn.gov.ng.
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.
Dollar to Naira Black Market Rate Today
Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
Selling Rate | 765 |
Buying Rate | 760 |
Pounds to Naira (USD to NGN) | CBN Official Exchange Rate Today |
Selling Rate | 441 |
Buying Rate | 441 |
How much is $5 US in Nigeria?
$5 is 3825Naira
How much is $10 in Nigeria black market?
10$ is 7650 naira
How much is 20 dollars in Nigeria black market today?
20$ is 15300 naira
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How much is 30 dollars in Nigeria black market?
30$ is 22950 naira
How much is $40 in Nigeria black market?
40$ is 30600 naira
How much is $100 in the black market?
100$ is 76500 naira
How much is 50dollars in black market today?
50$ is 38250 naira
How much is $60 in Nigeria black market?
60$ is 45900 naira
How much is 80 dollar in Nigeria black market?
80 dollars is 61200 naira
How much is $150 in Nigeria black market?
150 dollars is 114750 naira
How much is 250 dollar in Nigeria black market?
250 dollars is 191250 naira
How much is 300 dollar in Nigeria black market today?
300 dollars is 229500 naira
How much is $400 in Nigeria black market?
400 dollars is 306000 naira
How much is 1000dollars in black market?
1000 dollars is 765000 naira
How much is $2000 dollars in Nigeria?
2000 dollars is 1530000 naira
How much is 5000 in Nigeria black market?
5000 dollars is 3825000 naira
You have to understand that the Naira is under pressure, leaving the FX market in a constant state of flux. You can’t predict what the market will turn out to be but we are trying our best to track what rate the USD/Naira are traded on daily basis.
Black Market table rate
$1 | ₦765 |
5$ | 3825 |
$10 | ₦7650 |
$15 | ₦11475 |
$20 | ₦15300 |
$25 | ₦19125 |
$30 | ₦22950 |
$40 | ₦30600 |
$50 | ₦38250 |
$100 | ₦76500 |
$150 | ₦114750 |
$200 | ₦153000 |
$250 | ₦191250 |
$300 | ₦229500 |
$350 | ₦267750 |
$500 | ₦382500 |
$750 | ₦573750 |
$1000 | ₦765000 |
$1500 | ₦1147500 |
$2000 | ₦1530000 |
$5000 | ₦3825000 |
$10000 | ₦7650000 |
Black market rate
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 760 as opposed to the 765 it was sold for previous.
In Lagos, the dollar was sold at 760 while in Kano it was 760.
This is coming at a time after the Central Bank hit hard on Abokifx forcing the online portal to shut down it services
Dollar to Naira Black Market Rate
NgnRates.com cannot guarantee trustworthiness of the contacts listed here. Please, DO NOT TRADE with the users listed here; use this platform only for data purposes.
Some sell rates extracted from the user comments on this page:
Currency | Rate | Date | User Nick |
---|---|---|---|
USD | ₦ 755 | 19/05/2023 | Christoph |
USD | ₦ 758 | 19/05/2023 | Alhaji is |
USD | ₦ 765 | 19/05/2023 | Al~Ansad |
USD | ₦ 755 | 19/05/2023 | Muhammad |
USD | ₦ 756 | 19/05/2023 | Allhj hon |
USD | ₦ 755 | 18/05/2023 | Cobalt +2 |
USD | ₦ 753 | 18/05/2023 | Alhaji is. |
USD | ₦ 755 | 18/05/2023 | King Tiga |
USD | ₦ 752 | 18/05/2023 | Muhammad |
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