Dollar (USD) to Naira Black Market Rate Today December 4, 2023 Aboki Naira Today
How much is dollar to naira today in black market?

Dollar (USD) to Naira Black Market Rate Today December 4, 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 ₦1165 and can be bought at ₦1160.
In today’s USD to Naira black exchange rate December 4, 2023, The currency dealers in Abuja Zone 4 market, Nigeria announced that the dollar price was bought at ₦1160 and sold at ₦1165 today, as against ₦1160 it traded yesterday.
Black Market Exchange rate for Euro to Naira
Furthermore, on the illicit market, the second most traded currency, the euro/naira, was exchanged at 1208 buy and 1185 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 1403, while on the black market, the same unit can be sold for 1386.
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 | 1160 |
Selling Rate | 1165 |
Dollar to Naira Rate for the Past 7 Days
Here are the black market Dollar to Naira exchange rates from November 8, 2023, to date and their buying and selling rates.
December 3, 2023 | 1165 | 1153 |
December 2, 2023 | 1160 | 1153 |
December 1, 2023 | 1161 | 1152 |
November 30, 2023 | 1160 | 1150 |
November 29, 2023 | 1161 | 1152 |
November 28, 2023 | 1160 | 1148 |
November 27, 2023 | 1160 | 1148 |
November 11, 2023 | 1136 | 1120 |
November 10, 2023 | 1142 | 1128 |
How much is Dollar to naira today in Black market
Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
---|---|
Selling Rate | 1165 |
Buying Rate | 1160 |
Dollar to Naira CBN Rate Today
Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
Buying Rate | 819 |
Selling Rate | 820 |
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)
The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N1135 and sell at N1140 on Tuesday 15th November 2023, according to sources at Bureau De Change (BDC).
Denomination in Dollar($) | Black Market Exchange Rate Today in Naira |
5 | ₦5,800 |
10 | ₦11,600 |
20 | ₦23,200 |
50 | ₦58,000 |
100 | ₦116,000 |
150 | ₦174,000 |
200 | ₦232,000 |
300 | ₦348,000 |
350 | ₦406,000 |
400 | ₦464,000 |
500 | ₦580,000 |
800 | ₦928,000 |
1000 | ₦1,160,000 |
Dollar to naira black market today 16 November
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 | N1160 |
Selling Rate | N1165 |
Aboki dollar to naira today 2023
Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
---|---|
Selling Rate | 1160 |
Buying Rate | 1165 |
How much is 1 dollar in Naira today 2023?
How much is Naira to a dollar today?
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.
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