Inside dollar to naira Lagos black market exchange rate today as at ., December 7, 2020 11:33 pm [the current value of a dollar to naira in black market today … You may contact him via his email- [email protected]. Today’s Naira Black Market Exchange Rates. The black market is the same as the parallel market. These are the prevalent rates for … Parallel market: According to information from Abokifx – a prominent FX tracking website, at the black market where forex is traded unofficially, the Naira appreciated against the dollar to close at N475/$1 on Friday. Today’s Naira Black Market Exchange Rates. Here you will find the Dollar to Naira Black Market Rate, Dollar to Naira Official Exchange Rate, Bank Rate, Western Union Rates (Dollar to Naira) and Money Gram Rate (Dollar to Naira). Some members of MPC of the CBN have expressed serious concerns over the increasing demand pressure in the country’s foreign exchange market. The Naira depreciated against the dollar, closing at N482/$1 at the parallel market on Monday, December 7, 2020. The N408.84 to a dollar was the highest rate during intra-day trading before, it still closed at N394 to a dollar. What is the gtbank dollar to naira exchange rate today March 2019, the post provides you all the information you need to know about gtbank exchange rate Portal for exited NPower beneficiaries called NEXIT PORTAL launched by the Federal Ministry of Humanitarian Affairs, Disaster Management and Social Development (FMHDSD) is one the…, Writing a creative, yet simple two-page business plan is essential to the success of would-be SMEs at a time when there are more than 10…, At a meeting in Lagos on Thursday, November 25, 2020, CBN boss revealed that CACOVID raised N150 Billion for Youth Scheme while Aliko Dangote promised that…, Over time, we’ve heard Nigerians asking, “Is the Emirate Dirham higher than the Nigerian Naira?” They are mostly those who are seeking greener pasture in…, Hundreds of fraudulent blockchain project have been scammed, most of them pinkoin investors in Benue State. The Naira’s exchange rate at the NAFEX window remained stable against the dollar to close at N394/$1. Pounds to Naira. The exchange rate between the naira and the European euro closed at ₦565/€1 on Tuesday December 15th 2020. figures in this page are updated based on rates traded in the Black Market . Euros to Naira. This represents a N1 gain when compared to the N476/$1 that it exchanged for on Friday, December 9. Canadian dollar is nicknamed loonies and has the same symbol with the US Dollar … It is facing legal action over the new…, A new book, “Future Focus: Tapping into the Wealth In Digital” has been launched to inspire Africa’s young generation, a press release by Neema Communications…, German finance minister Olaf Scholz stated that his government isn’t impressed by Facebook’s stablecoin name change from Libra to Diem, describing it as, “A wolf in…, As the drive to trade bitcoin soars due to the spike in its price, BTC miners made more money in November 2020, data from CoinMetrics…, President-elect Joseph R. 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It neared $20 before falling below $19,000, then…, The trouble isn’t over for Facebook’s Libra Foundation even as it changed its crypto name to  Diem. NAFEX: The Naira appreciated against the dollar at the Investors and Exporters (I&E) window on Tuesday, closing at N394/$1. The black market exchange rate of the US dollar to Naira in Nigeria early morning of Wednesday, December 9, 2020, was N483/N470 (buy/sell).. Disclaimer: This data is collated from various black market … This makes it -0.04% decline for United States Dollar against Naira … The most trusted platform to get the live exchange rates. READ: Naira maintains stability at forex markets as dollar supply rise by 57%. The Nigeria black market dollar exchange rate today to the Nigerian Naira is as follows: Buying = 1 USD to Naira 460 Selling = 1 USD to Naira 470 This is the current price as updated today, … Pinkoin is a non-existent digital currency being promoted by Inksnation…, All over the world, a currency can either be strong or weak, depending on many factors and economic policies of such country, financial experts say.…, Summary: We’ll tell you why Kuwait Dinar remains valuable than the US dollar, the most widely circulated and traded currency on forex and why KWD…, A currency is money in paper form (banknotes) or coins backed by law and accepted as a medium of exchange among the people. • Government market intervention. That it on the dollar to naira exchange rate in parallel market and in black market in July, 2020. 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. Share Your Testimonies Here. Dollar to Naira Rate Black Market November 4 2020. READ: Max Air, Aero Contractors attribute fare hike to current exchange rate, READ: Naira crashes to new low at Black market as exchange rate closes in on N500/$1, Chike Olisah is a graduate of accountancy with over 15 years working experience in the financial service sector. Top losing exchange rate is Dollar to Naira having a ₦ 1 fall to ₦ 475.00 … Forex turnover dropped by 72.4%, as the Naira’s exchange rate at the NAFEX window remained stable against the dollar to close at N394/$1 during intra-day trading on Monday, December 14. This is to boost the supply of dollars in the foreign exchange market and reduce the high demand for forex by traders. READ: New CBN Circular: CBN confirms only Banks can pay IMTO dollars, Access financial data on the Nairametrics Research Website. Dec 08, 2020 Senate considers bill to blacklist loan defaulters - PUNCH Dec 08, 2020 China makes digital yuan transfers as easy as using a phone - NIKKIE ASIA Dec 08, 2020 Trade Deficit Expands to a New 4 … Dollar to Naira Rate Black Market November 6 2020. Our prices are a guide and could be slightly different from the price you get when you eventually decide to buy or sell. Enter the value here Black Market (sell) 0 Black Market (buy) 0 We bring to you EUR/NGN (EURO to Naira) exchange rate based on Black Market Exchange Rates, Lagos, Nigeria today, being Just like in the case USD, the Naira is having a free fall against the EUR in the foreign exchange market … The US dollar closed at ₦470/US$1 in the parallel market. Dollar to Naira. This is either misleading news or old one because as at today 8 December,2020 dollar closes at #472 per dollar. These are the prevalent rates for Lagos. I.e $1 = ₦363. Convert foreign currencies instantly with the Abokifx calculator. The CBN has sold over $1 billion to BDCs since they resumed forex sales on Monday, September 7, 2020. READ: CBN expects $24bn annual diaspora remittances – Emefiele. We also included a table that shows the Dollar to Naira … The price quoted daily on this page represents the average price obtained by our Research Team. Dollar to Naira. This represents an 11 kobo gain when compared to the N392.66 that was recorded on Friday. Here are some suggested solutions to implement if we must see the high dollar to naira exchange rate today in the black market disappear. The exchange rate between the naira and the US dollar for today (Tuesday, December 15th 2020), closed at ₦470/US$1 in the parallel market. Actual … This was the same rate that it exchanged for on Friday, December 11. Do you know you can actually get solution to your N-power problem by sending your complaint to the official Npower support email address? The dollar to naira black market rate is ₦363. So, what’s…, Dollar to Naira Exchange Rate this week Monday, December 14, 2020, to Friday, December 18, 2020, is going to be interesting and here are the…, The black market exchange rate of the US dollar to Naira in Nigeria early morning of Tuesday, December 15, 2020, was N475/N470 (buy/sell). He has worked in research and marketing departments of three top commercial banks. Dollar To Naira In Black Market. It’s quite a pity things has to be this way for this great nation Nigeria, Today’s Naira Black Market Rates. 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These are the prevalent rates for … The same explanation goes for terms like dollar to naira, 1 dollar to naira today, convert usd to naira. Also, the Naira depreciated against the dollar, closing at N482/$1 at the parallel market on Monday, December 7, 2020, as liquidity squeeze persists despite increased demand pressure. The exchange rate is still being affected by low oil prices, dollar scarcity, a backlog of forex demand, and a shaky economy that has been hit by the coronavirus pandemic. Lagos dollar to naira black market rate today. Get daily black market exchange rates from dollar to naira, pounds to naira and euro to naira. However, the gains appear to have been completely erased with the recent crash of the exchange rate. Canadian Dollar is being traded at ₦362 in Black Market (Lagos) today, December 11, 2020. Todays Exchange Rate In Naira. Despite the CBN intervention, the huge demand backlog by manufacturers and foreign investors still puts pressure and creates a volatile situation in the foreign exchange market. This was expected to inject more liquidity into the retail end of the foreign exchange market and discourage hoarding and speculation. The sharp drop in dollar supply after the previous trading day’s increase reinforces the volatility of the foreign exchange market. If you check the website today, 1 dollar = 357 Naira. It also sold for as low as N385/$1 during intra-day trading. You can use the comment section to air you view and also the share button to share this post. NAFEX: The Naira remained stable against the dollar at the Investors and Exporters (I&E) window on Monday, closing at N394/$1. The local currency lost N1 against the US dollar … Also, the Naira Today’s Naira Black Market Exchange Rates. The dollar to naira exchange rate today is so high cause the demand of dollar is greater than the supply in the market. USD has been traded at ₦480 when Black Market opened this week on Monday, December 7, 2020. Initial Dollar rate was noted as ₦362 at the beginning of this week on Monday, December 07, 2020. In 1981, the dollar started to rise against the Lira, and it exceeded 2,800 Lira in September 1992. This site uses Akismet to reduce spam. It’s doing this by building 300,000 houses for interested Nigerians across the country…. Nigeria naira ngn usd parallel market plunge hints at more woes bloomberg how much is dollar to naira today bank rate aboki euro naira exchange rate today wetinberate realtime rates black market official bdc exchange rate dollar to naira in black market today april 2020 aboki black market … The exchange rate between the naira and the US dollar for today (Friday, December 11th 2020), closed at ₦ 470/US$1 in the parallel market. 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