Dollar to Naira at black market exchange rate today October 5, 2022

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Dollar to Naira Black Market Exchange Rate Today , Black Market Dollar To Naira Exchange Rate Today Naira to Dollar

How much is the dollar to naira exchange rate today?  The dollars to naira today in black market,  the aboki dollar to naira today also known as the parallel market or Aboki fx? You can now find below the black market Dollar to Naira exchange rate for Today Wednesday, 5th, October, 2022. You can exchange your US dollars at these rates.


This page answers the following questions regarding dollars to naira black market rate


  • How much Dollar to Naira Black Market Exchange Rate Today?
  • What is the exchange rate in nigeria today black market?
  • how much is dollar to naira today in black market
  • What is the black market dollars to naira Bank rate today in Nigeria and CBN Exchange Rates?
  • What is the value of a pound in Naira?
  • What is the euro to Naira exchange rate? 

Ejes Gist Newspaper provides you with the most accurate dollar to naira at black market exchange rate.

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How much is dollar to naira black market and dollars to naira today in black market

Dollar to Naira Black Market Exchange Rate in Nigeria Today October 5th, 2022

The aboki dollar to naira today exchange rate,  for a dollar to naira at the Lagos Parallel Market (Black Market) players buy a dollar for N735 and sell it at N746 on Wednesday, October 5th , according to sources at Bureau De Change (BDC).

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Please be aware that the parallel market, also referred to as the “black market dollar rate” is not recognised by the Nigerian Central Bank (CBN). Instead, the government advises people to use their own banks if they want to trade foreign exchange.

What is the Dollar to naira exchange rate today black market?

The Black Market Naira To Dollar Exchange Rate Today also known as Aboki dollar rate Today in Nigeria and the Abokifx exchange rate in Nigeria today black market is also follows;

Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Buying Rate 735
Selling Rate 746

Please note that the rates at which you sell or buy forex might be different from what is written in this article because prices vary.

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What is the value of Dollar to naira black market today in Lagos? 

The Aboki exchange rate today in Lagos is as follows;

Dollar to Naira Dollar to naira black market today in Lagos
Buying 735
Selling 746

Click Here  to See All Daily dollars to naira black market rate


How much is black market dollar to naira today in Port Harcourt and Delta State?

The Black Market Dollar To Naira  Rate Today  in Port Harcourt is as follows;

Dollar to Naira (USD to NGN) Black Market Dollar To Naira Today  in Port Harcourt
Buying Rate 735
Selling Rate 746

 


CBN Official Dollar to Naira exchange rate.


Dollar to Naira (USD to NGN) Dollar to Naira official exchange rate
Buying Rate 435.09
Selling Rate 444.95

 

 1 GBP to NGN – British Pounds to Nigerian Nairas Exchange Rate.


Dollar to Naira (GBP to NGN) Pounds to Naira official exchange rate today 
Buying Rate 508.73
Selling Rate 532.78

 

1 EUR to NGN – Euros to Nigerian Nairas Exchange Rate.

Dollar to Naira (EUR to NGN) Euro to Naira official exchange rate today 
Buying Rate 452.34
Selling Rate 459.85

Other Currencies Exchange Rate.

  • Pounds to Naira Black Market is 910
  • Euro to Naira today Black Market 895

How Much Is A Dollar To A Naira Currently.

How much is 100 dollars in Naira?

USD Dollar Converting Dollar to Naira 
1 USD 435.09 NGN
10 USD 4,350.9 NGN
100 USD 43,509 NGN

 

Dollar to Naira Black Market Exchange rate in Nigeria Range. 


The Dollar to Naira Black Market Exchange rate 5th October, 2022, across all cities


Dollar to Naira (USD to NGN) Black Market Exchange Rate in Nigeria  range
Buying Rate 735
Selling Rate 746/746

Dollar To Naira Exchange Rate Today Black Market

The Exchange Rate of Dollar to Naira yesterday  Black Market  Closed at ₦746/$

AbokiFX.com is where you get your Abokifx Your Daily Naira Exchange Rate and Yesterday Abokifx Naira Rate.

Dollar to Naira (USD to NGN) Black Market Exchange Rate Yesterday
Buying Rate 700
Selling Rate 746

 

What is the bank rate of dollar to naira today?

First Bank current dollar to naira exchange rate.

First of Nigeria Plc Currency Exchange Rate is $1 = ₦520.50

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Zenith bank Dollar to naira exchange rate today’s.

Zenith Bank Plc Currency Exchange Rate $1 = ₦529.90

Western Union USD to NGN exchange rate today.

Western Union  Currency Exchange Rate $1 = ₦549.04

Wema bank USD to naira exchange rate today.

Wema Bank Plc Currency Exchange Rate is $1 = ₦530.20.

GTBank USD to naira exchange rate today

GTBank Bank Plc Currency Exchange Rate is $1 = ₦529.0

UBA USD to Naira exchange rate today.

UBA Bank of Nigeria Currency Exchange Rate $1 = ₦540.01

Access Bank USD to NGN exchange rate today

Access Bank PLC Currency Exchange Rate $1 = ₦521.21.

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Meanwhile,

Bitcoin, the most widely used cryptocurrency in the world, has been experiencing a surge in popularity ever since McDonald’s, a multinational chain of fast-food restaurants, began accepting bitcoin as a payment option on Monday in Lugano, Switzerland.

According to information compiled by Ripples Nigeria over the past two days, the value of bitcoin has increased by 6.17 percent. This may indicate that investors are rekindling their demand for the digital asset in the midst of the crypto winter.

According to trading data obtained from Coinmarketcap, Bitcoin dropped from its previous closing price of $19,573.43 to its current price of $19,044.11 over the course of the weekend. The previous trading day, Friday, had seen Bitcoin reach a closing price of $19,573.43.

However, in the past two days it has recovered from the fall and has increased, going from $19,044.11 to $20,220.73 between Monday and Wednesday. This resulted in its market capitalization increasing from 365.02 billion dollars to 389.84 billion dollars.

The publication Bitcoin Magazine announced on Monday that McDonald’s has begun accepting bitcoin in Lugano, a city in Switzerland that recently passed legislation allowing the payment of taxes using bitcoin as part of its “Plan B” project. This news caused the price of bitcoin to increase on the market.

It is anticipated that other businesses in Lugano, in addition to McDonald’s, will accept bitcoin as payment for goods and services in the near future. Additionally, the asset in digital form can be used to pay for parking tickets.

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The provision of public services and the payment of educational expenses will also be possible with bitcoin. After signing a memorandum of understanding (MOU) with Tether Operations Limited on March 3, 2022, the government of Lugano eventually decided to start accepting bitcoin as a form of payment.

The MOU is based on “Plan B,” which will see Tether create two funds, the first of which is a pool of investment capital for cryptocurrency startups with a value of $106 million. The second fund is valued at approximately three million dollars and will be used to encourage the use of cryptocurrency among businesses located in Lugano.

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Abokifx exchange rate in Nigeria today black market, .Naira Black Market Exchange Rates Today | Dollar To Naira. abokiFX Your daily NGN exchange rate

 

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The Nigerian NGN 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

Read :  NERC Recruitment Portal .How to Apply for NERC Recruitment for free

 

  • Dollars To Naira Exchange Rate Today

eNaira Currency ,Dollar To Naira Exchange Rate Today

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 exchange rate of the dollars to naira black market is regulated by supply and demand, but the CBN Nigeria Exchange Rate is determined by the CBN Governor and monetary policy.

What are the major factors influencing dollars to naira today in black market.

Here are some of the reasons for the dollars-to-naira exchange rate decline.

Inflation Rates: Inflation is well understood to have a direct impact on black market exchange rates. If the Nigerian economy can be stabilised and inflation is brought under control, the naira will benefit; however, if the naira continues to fall, it could indicate that food and other necessities are becoming more expensive on a daily basis.

Interest Rates: Another tool to keep an eye on is interest rates. If the interest rate at which banks lend money rises, the economy will contract and the naira’s value will fall.

Government Debt:

National debt can have an impact on investor confidence and, as a result, the flow of funds into the economy. If capital inflows are significant, the naira exchange rate will rise in its favour.

Speculators: Speculators frequently influence the naira and USD exchange rates. They hoard money in the hope of making a profit, causing the naira to plummet even further.

Conditions of Trade: Despite the fact that Nigeria currently has a trade deficit, favourable trade terms will cause the naira to appreciate against the dollar. Everything is supplied by China, India, and the majority of Asian countries.

In Nigeria, there is no uniform us dollars to naira exchange rate.

Also, visit Ejes Gist News for us currency to naira exchange rate today black market as we will keep you updated with the latest updates on the Dollar To Naira  Exchange Rate Today, Crude,  FX Market. dollars to naira today in black market

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