ADVERTISEMENT

Dollar (USD) to Naira Black Market Rate Today February 23, 2024 Aboki

How much is dollar to naira today in black market?

Dollar-to-Naira-Black-Market rate
Dollar-to-Naira-Black-Market rate

Dollar (USD) to Naira Black Market Rate Today February 23, 2023 Aboki Naira Today

How much is Dollar to Naira Today in Black Market? Here is the current USD to Naira rate today. Dollar price is sold at  ₦1800 and can be bought at ₦1850.

ADVERTISEMENT

In today’s USD to Naira black exchange rate February 23, 2024, The currency dealers in Abuja Zone 4 market, Nigeria announced that the dollar price was bought at ₦1800 and sold at ₦1850 today.

Black Market Exchange rate for Euro to Naira

Furthermore, on the illicit market, the second most traded currency, the euro/naira, was exchanged at 1800 buy and 1850 sell, respectively.

Black Market Exchange rate for Pounds to Naira

It’s interesting to note that the official exchange rate for pounds to naira is 1840, while on the black market, the same unit can be sold for 1860.

Dollar to Naira Today Rate / Exchange Rate of Dollar To Naira in Black Market Today?

Dollars to Naira (USD to NGN) Exchange Rate Today
Buying Rate 1800
Selling Rate 1850

Dollar to Naira Rate for Past 7 Days

Date Buy Sell
February 19, 2024 1690 1700
February 18, 2024 1670 1680
February 17, 2024 1650 1660
February 16, 2024 1618 1625
February 15, 2024 1628 1655
February 14, 2024 1618 1625
February 13, 2024 1605 1615

How much is Dollar to naira today in Black market

Exchange Rate of Dollar To Naira in Black Market Today?
Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Selling Rate 1800
Buying Rate 1850

Dollar to Naira CBN Rate Today

Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Buying Rate 1800
Selling Rate 1850

Aboki dollar to naira today black market

Dollar to naira exchange rate today black market (Aboki dollar rate): The exchange rate for a dollar to naira at Lagos Parallel Market (Black market)

Black Market/Aboki Rate Exchange Table Today

This table here show outlines th rate of the black market prices for common denominations. Since the selling price rate is 1800, we multiply it by the denomination in dollars.

Here you can see the examples to covert $5, we multiply it by #1800

Denomination in Dollar($) Black Market Exchange Rate Today in Naira
5 ₦8,975
10 ₦17,950
20 ₦35,900
50 ₦89,750
100 ₦179,500
150 ₦269,250
200 ₦359,000
300 ₦538,500
350 ₦628,250
400 ₦718,000
500 ₦897,500
800 ₦1,436,000
1000 ₦1,795,000

Dollar to naira black market today 16 December

Exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N1135 and sell at N1140 on 15th November 2023.

100 dollars to naira black market today

Daily 100 US dollars to Naira, USD to NGN, Black Market (Lagos) exchange rates have an average of ₦1,150.00 in Nigeria today on 16/11/2023, according to 1 sell rate.

Dollar to Naira Black Market Rate Today

Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Buying Rate N1470
Selling Rate N1570

Aboki dollar to naira today 2024

How much is 1 dollar in the Naira black market today? Exchange Rate of Dollar To Naira in Black Market Today-
Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Selling Rate 1800
Buying Rate 1850

How much is 1 dollar in Naira today 2024?

1 USD = 791.759596 NGN Jan 10, 2024

How much is Naira to a dollar today?

1 USD- 802.634 NGN
US Dollar to Nigerian Naira
USD NGN
1 USD 802.634 NGN
5 USD 4,013.17 NGN
10 USD 8,026.34 NGN
25 USD 20,065.8 NGN

Eight Firms Record N918.1 Billion Loss On Currency Revaluation

At the end of September 2023, eight firms declared an N918.1 billion loss due to a 68.55 percent decline in the value of the naira against

The Central Bank of Nigeria (CBN) has decided to allow the general market to determine the value of the local currency,

which has seen the naira fall from 461/$1 as of December 2022 to 777/$1 in September 2023.

An analysis of the financial statements of these firms showed that the devaluation of the naira from N465/$ at the end of May 2023 to N776.79/$ gave rise to this recorded exchange loss.

The firms include Dangote Sugar Refinery Plc, Dangote Cement Plc, Nestle Nigeria Plc, Nigerian Breweries Plc,

Guinness Nigeria Plc, MTN Nigeria Communications Plc, Airtel Africa Plc, MRS Oil Nigeria Plc, and Seplat Energy Plc

According to the World Bank, the naira is one of the worst-performing currencies in Africa; losing nearly 40 percent of its value since June.

This has negatively impacted firms like Dangote Sugar which recorded a revaluation loss of N90.99 billion.

 

ADVERTISEMENT
  Check Dollar (USD) To Naira Black Market Exchange Rate Today

Do you find Six9ja useful? Click here to give us five stars rating!

 

Join the Discussion

No one has commented yet. Be the first!

Leave a Reply

Your email address will not be published. Required fields are marked *