What is the Dollar to Naira Exchange rate at the Nigerian black market also known as the parallel market or Aboki fx?. Find below the black market Dollar to Naira exchange rate for Today Monday, 31st May, 2022. You can change your dollar to Naira at these rates.
How much is dollar to naira today in 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) players buy a dollar for N598 and sell at N610 on Monday, 31st May, according to sources at Bureau De Change (BDC).
Please keep in mind that the Central Bank of Nigeria (CBN) does not recognize the parallel market also called the “black market”. Instead, it has told people who want to trade Forex to go to their own banks.
Dollar to Naira Black Market Rate Today (Aboki Dollar to Naira today)
| Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
| Buying Rate | 595 |
| Selling Rate | 600 |
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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Dollar to Naira Black Market Rate Today in Lagos
| Dollar to Naira (USD to NGN) | Black Market Exchange Rate In Lagos |
| Buying | 596 |
| Selling | 600 |
Click Here to See All Daily Dollar to Naira exchange rate today black market
Dollar to Naira Black Market Rate Today in Port Harcourt. 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 | 595 |
| Selling Rate | 612 |
CBN Official Dollar to Naira exchange rate
| Dollar to Naira (USD to NGN) | Dollar to Naira official exchange rate |
| Buying Rate | 415.23 |
| Selling Rate | 415.75 |
Other Currencies Exchange Rate.
- Pounds to Naira Black Market is 740
- Euro to Naira today Black Market
Convert US Dollar to Nigerian Naira Today, May 26 th 2022. How much are 100 dollars in Naira?
| USD Dollar | Conversion of Dollar Naira |
| 1 USD | 415.22 NGN |
| 10 USD | 4,152.2 NGN |
| 100 USD | 41,522 NGN |
Black Market Exchange Rate in Nigeria Today Range
The Dollar to Naira Black Market Rate Today 31st May, 2022, across all cities 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 | 595- 597 |
| Selling Rate | 600 – 610 |
The Exchange Rate of Dollar to Naira yesterday Black Market Closed at ₦598/$
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 | 595 |
| Selling Rate | 598 |
First Bank current dollar to naira exchange rate.
First of Nigeria Plc Currency Exchange Rate is $1 = ₦500.00
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Zenith bank Dollar to naira exchange rate today.
Zenith Bank Plc Currency Exchange Rate $1 = ₦499.00
Western Union USD to naira exchange rate today.
Western Union Currency Exchange Rate $1 = ₦502.04
Wema bank USD to naira exchange rate today.
Wema Bank Plc Currency Exchange Rate is $1 = ₦501.20.
GTBank USD to naira exchange rate today
GTBank Bank Plc Currency Exchange Rate is $1 = ₦600.0
UBA USD to Naira exchange rate today.
UBA Bank of Nigeria Currency Exchange Rate $1 = ₦600.01
Access Bank USD to Naira exchange rate today
Access Bank PLC Currency Exchange Rate $1 = ₦500.19.
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The European Union (EU) has imposed new sanctions on Russia, prohibiting it from exporting nearly all of its oil to European countries, as part of its effort to deprive Vladimir Putin of the capital he needs to fund his war against Ukraine, which began in February 2022.
Due to Hungary’s 60 percent reliance on Moscow’s oil and 85 percent of natural gas pumped from Putin’s country, most of the affected Russian oil is delivered by sea, while those transported by pipelines remain unaffected.
The pipeline was left unaffected in order for the EU to gain Hungary’s support for the sanctions against Russia, which requires a unanimous vote. According to EU’s Ursula Von der Leyen, the restriction will be fully implemented by the end of the year.
Other sanctions against Russia include an agreement to de-link Sberbank from SWIFT, the world’s largest financial messaging system. Smaller Russian banks were initially withdrawn from the system days after Russia invaded Ukraine.
The sanctions list includes asset freezes, travel bans, and the prohibition of three major Russian state-owned broadcasting companies from transmitting into Europe.
Russia’s permanent representative to international organizations in Vienna, Mikhail Ulyanov, responded to the ban on oil exports into the European market by saying the country will find new buyers for Russian oil.
Russia will find other importers, as she correctly stated yesterday.” On the social media platform Twitter, Ulyanov stated.
Until new buyers can be found, the ban will result in excess Russian oil with limited destinations, which could result in significant financial loss for Moscow, forcing the country to sell the excess, if available, at a lower price.
This could also force Russia to pump less oil, reducing global supply and driving up oil prices, which have been at all-time highs, reaching $123.8 per barrel on Tuesday after the EU announced an oil embargo.
Meanwhile, European countries have agreed to provide Ukraine with €9 billion in support. The funds, which are not loans or grants, will be distributed in installments to help the country’s economy.
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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 ₦.
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- 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 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.
