Check Today’s rate, | Aboki dollar to Naira today & CBN exchange rate Today Thursday, November 4th, 2021 Black market exchange rate today – Dollar To Naira Exchange Rate Today Black Market has been released.
This is the latest news on the Dollar to Naira exchange rate at the official and black market rates on November 4th, 2021.
Ejes Gist News has obtained the CBN official USD to the naira exchange rate in Nigeria today including the Black Market rates, Bureau De Change (BDC) rate, and CBN rates
How Much Is Dollar To Naira Exchange Rate Today Official Rate?
The official Naira To dollar Rate Today, November 4th, 1 dollar to naira = ₦414.49/$1.
According to the data obtained at the FMDQ Security Exchange, the platform where forex is traded officially, the exchange rate between the naira and the US dollar opened at ₦414.49/$1 on Thursday November 4th, after it closed at ₦414.80 to a $1 on Wednesday 3rd November 2021.
The Black Market Currency Exchange Rate in Lagos Today Wednesday, November 4th (Parallel Market) sells at ₦560/1$, according to sources at Bureau De Change (BDC).
|Dollar to Naira (USD to NGN)||Black Market Exchange Rate In Lagos|
Dollar To Naira Today Black Market Port Harcourt
The Nigerian Naira to Dollar parallel Market today in Rivers State November 4th (Parallel Market) sells at ₦560/1$, according to sources at Bureau De Change (BDC).
|Dollar to Naira (USD to NGN)||Black Market Exchange Rate Today in Port Harcourt|
“Please keep in mind that the Central Bank of Nigeria (CBN) does not recognise the parallel market (black market), and has directed individuals interested in Forex to contact their respective banks.
Abokifx Exchange Rate In Nigeria Today Black Market
Please Note The exchange rate changes hourly… depending on the volume of Dollars available and the Demands.
What it means is that…you can buy or sell dollars for ₦570 and the price can change ( High or low ) Within hours.
There is no fixed price in dollar To Naira Exchange Rate in Nigeria as of today.
Trading at the official I & E Rate (USD) – NAFEX window Yesterday
The exchange rate between the naira and the US dollar opened at ₦ 414.76/$1 on 3rd November 2021 and closed at ₦414.80/$1. This represents a change of 0.08%
Convert US Dollar to Nigerian Naira Today, November 4th 2021. How much are 100 dollars in Naira?
|USD Dollar||Conversion of Dollar Naira|
|1 USD||414.49 NGN|
|5 USD||2,072.45 NGN|
|10 USD||4,144.9 NGN|
|25 USD||10,362.25 NGN|
|100 USD||41,449 NGN|
Dollar to Naira Black Market Rate Today 4th November 2021. The U.S. Dollar to Nigerian Naira in Black Market Today.
|Dollar to Naira (USD to NGN)||Black Market Exchange Rate in Nigeria|
|Buying Rate||555- 560|
|Selling Rate||565 – 570|
xchange Rate of Dollar to Naira yesterday Black Market
|Dollar to Naira (USD to NGN)||Black Market Exchange Rate Yesterday|
Ejes Gist News reports that the Naira To Usd Black Market on November 3rd (Parallel Market) Seller sells at ₦555/1$ while Buyer Buys at ₦565.
Ejes Gist News reports that the USD started this week at ₦572 in Parallel Market also known as Black Market on Monday morning, November 1st, 2021. A change of 2 dollars compared to last week Monday when it opened at ₦570 per dollar.
Below is Nigeria’s bank’s Naira to Dollar exchange rate. This is how they exchange dollars for Nigerian Nairas.
First Bank current dollar to naira exchange rate.
First of Nigeria Plc Currency Exchange Rate is $1 = ₦480.05
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 = ₦482
Western Union dollar to naira exchange rate today.
Western Union Currency Exchange Rate $1 = ₦480.04
Wema bank USD to naira exchange rate today.
Wema Bank Plc Currency Exchange Rate is $1 = ₦480.00.
GTBank dollar to naira exchange rate today
GTBank Bank Plc Currency Exchange Rate is $1 = ₦480.09.
UBA Bank of Nigeria Currency Exchange Rate $1 = ₦480.01
Access Bank Dollar to Naira exchange rate today
Access Bank PLC Currency Exchange Rate $1 = ₦480.09.
Meanwhile, the Central Bank of Nigeria, CBN, has announced that money lending institutions will begin automatically debiting chronic debtors’ bank accounts.
According to a statement released by the apex bank and the National Bureau of Statistics, the move was made to drastically reduce the industry’s growth of non-performing loans.
According to the statistics released, NPLs in banks decreased slightly from N1.2 trillion at the end of the second quarter of 2020 to N1.1 trillion at the end of July 2021.
To avoid further negative consequences for financial institutions, Deposit Money Banks have decided to use the auto-debit system to recover debts owed by chronic debtors from their accounts.
The Federal Government, led by Central Bank Governor Godwin Emefiele, has launched the eNaira wallet for easy transactions and to strengthen the Naira (₦).
You can know more about the eNaira wallet by clicking eNaira wallet
If you will recall, the Governor of the central bank of Nigeria has blamed the current and constant fall of the Naira against the United States dollar, USD, on AbokiFX.com‘s daily Dollar To Naira On Black Market Today update.
For those who are unaware, the Dollar to Naira Black Market Exchange rate is not the official rate…But it is the amount you pay to get a dollar when the official window is not accessible or available to you.
The USD to Naira Black Market Calculator depends on the volume of dollars available in the black market.
Disclaimer: The USD to Naira today black market is determined by supply and demand, while the CBN Nigeria Exchange Rate today is determined by the CBN Governor and monetary policies.
In Nigeria, there is no uniform exchange rate.
Also, visit Ejes Gist News for daily Naira to dollar exchange as we will keep you updated with the latest updates on the FX Market.