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

What is the exchange rate today?,  The dollars to naira today in black market,  the aboki to naira today also known as the parallel market or Aboki fx? You can now find below the exchange rate for Today Wednesday, 21st, September, 2022. You can exchange your US dollars at these rates.


This page answers the following questions regarding dollars to naira rate


  • What is the Rate Today?
  • What is the exchange rate in nigeria today black market?
  • 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.

and aboki dollar to naira today? 

in Nigeria Today September 21st, 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 N703 and sell it at N710 on Wednesday , September 21st , according to sources at Bureau De Change (BDC).

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 ?

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

Dollar to Naira () Black Market Exchange Rate Today
Buying Rate 703
Selling Rate 710

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 in Lagos? 

The is as follows;

Dollar to Naira
Buying 703
Selling 710

Click Here  to See All Daily rate


How much is 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 703
Selling Rate 715

 


CBN Official .

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Dollar to Naira (USD to NGN)
Buying Rate 432.68
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.

How Much Is A Dollar To A Naira Currently.

?

USD Dollar Converting Dollar to Naira 
1 USD 432.68 NGN
10 USD 4,326.8 NGN
100 USD 43,268 NGN

 

Black Market Exchange Rate in Nigeria Today Range. 


The Dollar to Naira Black Market Rate Today 21st September, 2022, across all cities


Dollar to Naira (USD to NGN) Black Market Exchange Rate in Nigeria  range
Buying Rate 703
Selling Rate 710/715

Dollar To Naira Exchange Rate Today Black Market

The Exchange Rate of  Black Market  Closed at ₦715/$

.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 699
Selling Rate 710

 

What is the bank rate of dollar to naira today?

.

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

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’s.

Zenith Bank Plc Currency Exchange Rate $1 = ₦519.90

Western Union USD to naira exchange rate today.

Western Union  Currency Exchange Rate $1 = ₦519.04

Wema bank USD to naira exchange rate today.

Wema Bank Plc Currency Exchange Rate is $1 = ₦520.20.

GTBank USD to naira exchange rate today

GTBank Bank Plc Currency Exchange Rate is $1 = ₦519.0

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UBA USD to Naira exchange rate today.

UBA Bank of Nigeria Currency Exchange Rate $1 = ₦515.01

Access Bank USD to Naira exchange rate today

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

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Meanwhile, Domestic debt servicing increased by more than N247 billion in 2017.
According to new data released by the Debt Management Office (DMO), Nigeria’s total public debt increased by 2.98 percent in the second quarter of this year to N42.84 trillion ($103.31 billion).

The total public debt stock includes the Federal Government of Nigeria (FGN), the 36 state governments, and the Federal Capital Territory’s domestic and external debt stocks.

From N39.56 trillion at the end of last year, the debt stock increased by N3.28 trillion in the first half of this year.

The total external debt stock increased to $40.06 billion (N16.61 trillion) as of June 30, 2022, up from $39.96 billion (N16.61 trillion) in March, according to the DMO.

“Concessional and semi-concessional loans from multilateral lenders such as the World Bank, International Monetary Fund, Afrexim, and African Development Bank, as well as bilateral lenders such as Germany, China, Japan, India, and France,” it said.

The total domestic debt stock as of June 30, 2022, was N26.23 trillion ($63.24 billion), according to the debt office, due to new borrowings by the FGN to partially finance the deficit in the 2022 Appropriation (Repeal and Enactment) Act, as well as new borrowings by state governments and the FCT.

The total public debt to GDP ratio was 23.06 percent as of June 30, 2022, compared to 23.27 percent as of March 30, 2022, and remains within Nigeria’s self-imposed limit of 40 percent, according to the report.

“While the FGN continues to implement revenue-generating initiatives in the non-oil sector and plug leakages in the oil sector,” the DMO said, “the debt service-to-revenue ratio remains high.”

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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

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  • Dollars To Naira Exchange Rate Today

eNaira Currency ,Dollar To Naira Exchange Rate Today

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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 is determined by the CBN Governor and monetary policy.

Major Factors Influencing 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 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.

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