Dollar to Naira Black Market Today Exchange Rate 2022/2023 » Voice of Nigeria
Dollar to Naira Black Market Today: The black market exchange rate for the United States dollar (USD) to the Nigerian naira (NGN) is the unofficial rate at which people exchange these two currencies. This rate is often different from the official exchange rate set by the Central Bank of Nigeria and can fluctuate significantly.
The black market rate may be used by people who want to exchange large amounts of money and want to avoid the restrictions or fees associated with official channels. It may also be used by people who want to exchange money for illegal purposes, such as avoiding taxes or money laundering.
It is important to note that engaging in the black market can be illegal and carries the risk of financial loss or criminal penalties.
Dollar to Naira Today Black Market Exchange Rate
The following is the current rate of US Dollar to Nigerian Naira, as listed on the black market: Refer to the CBN and the aboki fx for the current exchange rate of the dollar to the naira. You can convert your US dollars to naira at this rate, convert dollar to naira at the most recent rate offered by the black market, or convert dollar to naira at the rate offered by the parallel market.
Because the exchange rate on the black market is significantly higher than the rate offered by banks, a large number of Nigerians choose to convert their foreign currency, particularly their dollars, into naira utilizing these unofficial markets. This website will show you the current pricing that is being offered on the dark web if you are interested in finding out more about it.
This page also includes the Aboki FX dollar to naira exchange rate, which was included so that you may quickly verify each of the rates for the currencies you wish to trade in the parallel markets. The most reliable source for the current rate of one dollar to one hundred naira on the black market is Aboki FX. The current rate of exchange for their currency may be seen here.
| Dollar to Naira | Black Market Rate Today |
| Buying Rate | 770 |
| Selling Rate | 800 |
How to Check Dollar to Naira Black Market
There are a few ways you can check the current exchange rate for the US dollar to the Nigerian naira on the black market:
Check online currency exchange rate websites: There are many websites that provide real-time exchange rates for different currencies, including the US dollar and the Nigerian naira. Some of these websites may provide black market exchange rates as well, although it’s important to note that these rates may not be entirely accurate or up-to-date.
Check with a local currency exchange bureau: If you are in Nigeria, you can check with a local currency exchange bureau to get the current black market exchange rate for the US dollar to the naira. Keep in mind that these rates can vary depending on the bureau, so it’s a good idea to shop around and compare rates.
Ask around: You can also try asking people in your local community or online forums about the current exchange rate on the black market. Keep in mind that this information may not always be reliable, and it’s important to use caution when relying on this method.
It’s important to note that the black market exchange rate for the US dollar to the Nigerian naira may fluctuate significantly and can be difficult to predict. It’s also worth noting that participating in the black market can be illegal in some countries, so it’s important to be aware of the laws and regulations in your jurisdiction.
