What is the Dollar To Naira Exchange Rate Today Black Market at the official and Parallel market exchange rates today, Monday, April 11th, 2022?
The latest news on Dollar To Naira Exchange Rate Today Black Market, Bureau De Change (BDC) rates, as well as official dollar rate and Central Bank of Nigeria (CBN ) rates can be accessed here on Ejes Gist Newspaper
How Much Is Dollar To Naira Exchange Rate Today Official Rate?
The official rate today, Monday April 11th, for $1 dollar to naira = ₦415.62/1$.
According to data from the FMDQ Security, where forex is officially traded, the naira-to-dollar opened at ₦415.62/1$ on Monday, April 11th, after closing at ₦415.72/1$ on Sunday, April 10th, 2022.
Abokifx Exchange Rate In Nigeria Today Black Market
How much is exchange rate of Dollar to Naira in Black Market today in Nigeria?
The dollar is worth ₦587 naira today at the Lagos Parallel Market (Black Market), according to the current exchange rate. Players buy a dollar for ₦580 naira and sell a dollar for ₦587, according to the current exchange rate at Bureau De Change (BDC).
The Abokifx Dollar To Naira Black Market
The Central Bank of Nigeria (CBN) does not recognize the black market (also known as the parallel market), and customers who want to trade foreign currencies should contact their local banks.
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Trading at the NAFEX official window (CBN Exchange rate Dollar to naira )
The exchange rate between the naira and the USD opened at ₦415.52/$ on 10th April 2022 and closed at ₦415.72/$1.
Dollar to Naira (USD to NGN) | Black Market Exchange Rate In Lagos |
Buying | 580 |
Selling | 587 |
Click Here To See All Daily Dollar to Naira exchange rate today black market
Dollar To Naira Today Black Market Port Harcourt
The Nigerian Naira to Dollar parallel Market today in Rivers State April 11th (Parallel Market) sells at ₦587/1$, according to sources at Bureau De Change (BDC).
Aboki Exchange Rate In Nigeria Today 2022
Dollar to Naira (USD to NGN) | Black Market Dollar To Naira Rate Today in Port Harcourt |
Buying Rate | 580 |
Selling Rate | 587 |
Convert US Dollar to Nigerian Naira Today, April 11th 2022. How much are 100 dollars in Naira?
USD Dollar | Conversion of Dollar Naira |
1 USD | 415.62 NGN |
10 USD | 4,156.2 NGN |
100 USD | 41,562 NGN |
Black Market Exchange Rate in Nigeria Today Range
Dollar to Naira Black Market Rate Today 11th April 2022. The U.S. Dollar to Nigerian Naira in Black Market Today.
Dollar to Naira (USD to NGN) | Black Market Exchange Rate in Nigeria range |
Buying Rate | 578- 580 |
Selling Rate | 585 – 587 |
xchange Rate of Dollar to Naira yesterday Black Market Closed at ₦588/$
AbokiFX.com is where you get your Abokifx Your Daily Naira Exchange Rate and Today Abokifx Naira Rate
Dollar to Naira (USD to NGN) | Black Market Exchange Rate Yesterday |
Buying Rate | 584 |
Selling Rate | 589 |
Despite the Central Bank of Nigeria’s multiple interventions to defend the Naira, the currency fell by N22 in the first quarter of 2022.
Black Market Dollar To Naira Exchange Rate Today Mon, April 4, 2022
As of December 2021, person to business (P2B) transactions accounted for 90% of transactions on the eNaira platform, according to PricewaterhouseCoopers (PwC), as it topped retail Central Bank Digital Currency (CBDC) projects around the world.
The eNaira was ranked alongside the Sand Dollar of the Central Bank of the Bahamas, which was the first CBDC created by a government, in a PwC digital currency industry report titled; 2022 CBDC Global Index and Stablecoin Overview.
According to the audit firm, eNaira received 700,000 downloads from 160 countries, with 666,000 eNaira speed wallets created, but only 35,000 transactions.
Person-to-business and business-to-person transactions accounted for 90% of these transactions, according to an industry report published on April 5, 2022.
Black Market Dollar To Naira Exchange Rate Today Monday, April 11, 2022
This, however, contradicts CBN governor Godwin Emefiele’s January statement that the person-to-bank and bank-to-person segments accounted for 90% of the platform’s transactions.
According to Ejes Gist Newspaper, the governor of the Central Bank of Nigeria (CBN) stated after the apex bank’s Monetary Policy Committee (MPC) meeting three months ago that person-to-merchant and bank-to-merchant transactions accounted for 10% of all transactions.
“Retail projects in the Index are led by the Central Bank of Nigeria’s (CBN) eNaira, Africa’s first CBDC, and the Sand Dollar, issued as legal tender by the Central Bank of the Bahamas in October 2020, making the Bahamas the first country to launch a CBDC,” according to the PwC report.
“With the digital yuan, China became the first major economy to pilot a CBDC in 2020, and as of March 2022, pilot programmes are running in 12 cities, including Beijing and Shanghai,” the report said.
The Nigerian Naira is the currency of Nigeria. Our currency rankings show that the most popular Nigerian Naira exchange rate is the NGN to USD rate. The currency code for Nairas is NGN. And the currency symbol is ₦.
Check: How do I fund my eNaira wallet; Steps on How To Fund eNaira Wallet From Bank Account
Dollar To Naira Exchange Rate Today Black Market ( This Week )
As Ejes Gist News reports, during the first trading day of the week on Monday, April 4, 2022, in the Parallel Market, also known as the Black Market, the USD opened the week at ₦580. Since last Monday, when it opened at ₦578 Naira per dollar, there has been a 2 naira change in the exchange rate.
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First Bank current dollar to naira exchange rate.
First of Nigeria Plc Currency Exchange Rate is $1 = ₦480.00
Pay Attention To eNaira Speed Wallet Download Link – How To Sign Up
Zenith bank Dollar to naira exchange rate today.
Zenith Bank Plc Currency Exchange Rate $1 = ₦481.00
Western Union USD to naira exchange rate today.
Western Union Currency Exchange Rate $1 = ₦479.04
Wema bank USD to naira exchange rate today.
Wema Bank Plc Currency Exchange Rate is $1 = ₦480.00.
GTBank USD to naira exchange rate today
GTBank Bank Plc Currency Exchange Rate is $1 = ₦481.0
UBA USD to Naira exchange rate today.
UBA Bank of Nigeria Currency Exchange Rate $1 = ₦480.01
Access Bank USD to Naira exchange rate today
Access Bank PLC Currency Exchange Rate $1 = ₦480.09.
The eNaira wallet was launched by the Federal Government, led by Central Bank Governor Godwin Emefiele, to facilitate transactions and support the Naira (₦).
Click here to learn more about the eNaira wallet. eNaira wallet
The USD to Naira Black Market Calculator depends on the volume of dollars available in the black market.
Disclaimer: The black market exchange rate of the US dollar to the Nigerian naira is regulated by supply and demand, but the CBN Nigeria Exchange Rate is determined by the CBN Governor and monetary policy.
In Nigeria, there is no uniform exchange rate.
Also, visit Ejes Gist News for USD to Naira exchange rate today black market as we will keep you updated with the latest updates on the Naira To Dollar Exchange Rate Today, Crude, FX Market.