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

Are you interested in knowing how much is dollar to naira is today at the black market exchange rate?  If yes, then you are on the right page for your dollar-to-naira exchange news platform

This page contains the dollars to naira today in the black market,  the aboki dollar to naira today also known as the parallel market or Aboki fx.

The Black market dollar to naira exchange rate today Monday 24th October 2022, Aboki dollar rate in Nigeria today black market can be found here on Ejesgist.com.


IMPORTANT NOTE: Please note that the exchange rate of dollar to naira changes hourly. .. It depends on the volume of dollars available and the demand. What it means is that… You can buy or sell 1 dollar at ₦759 and the price can change (high or low) within hours.


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

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

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 ₦755 and sell it at ₦759 on Monday, October 24th, after it closed at N755.00 per $1 on Sunday, 22nd October 2022 according to the data obtained from Bureau De Change (BDC) operators.

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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 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 is also known as Aboki dollar rate Today in Nigeria and the Abokifx exchange rate in Nigeria today the black market is also as follows;

Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Buying Rate ₦755
Selling Rate ₦759

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.

Also See:  Canadian Dollar To Naira Black Market Exchange Today 24th October 2022

What is the value of the 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 ₦755
Selling ₦759

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


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

At the Black Market, how much is the 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 ₦755
Selling Rate ₦759

 


CBN Official Dollar to Naira exchange rate.


Dollar to Naira (USD to NGN) Dollar to Naira official exchange rate
Buying Rate 440.09
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 the dollar to naira? 

Those who want to convert their dollars to naira should note that it can be done via the black market or the official market.

How much are 100 dollars in Naira?

USD Dollar Converting Dollar to Naira 
1 USD 440.09 NGN
10 USD 4,440.9 NGN
100 USD 44,409 NGN

 

Dollars to Naira Black Market Exchange rate in Nigeria Range. 


The Dollar to Naira Black Market Exchange rate 24th October 2022, across all cities


Dollar to Naira (USD to NGN) Black Market Exchange Rate in Nigeria  range
Buying Rate ₦755
Selling Rate ₦759

how much is dollar to naira Today Black Market , Dollar to Naira at black market exchange rate

The Exchange Rate of the Dollar to the Naira yesterday  Black Market  Closed at ₦759/$

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

Dollar to Naira (USD to NGN) Black Market Exchange Rate Yesterday
Buying Rate ₦745
Selling Rate ₦755

 

How much is a dollar-to-naira bank rate today

First Bank, how much is a dollar-to-naira rate?

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

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Zenith bank Dollars to naira exchange rate today.

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 NGN exchange rate today.

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

GTBank USD to NGN exchange rate today

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

UBA USD to NGN 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,  the National Bureau of Statistics (NBS), the average price of cooking gas has risen by 86 percent in a year.

This was stated in its “Cooking Gas Price Watch” for September 2022, which was released on Saturday.

According to the data, the price of 5kg of gas increased to N4,474.48 from N2,397.60 in September 2021.

How much is a dollar to naira today at the black market exchange rate for Monday, October 24th, 2022

According to the report’s state profile analyses, Kwara had the highest average price of N4,950 for 5kg of cooking gas, followed by Niger at N4,941.67 and Adamawa at N4,928.29.

It went on to say that Abia had the lowest price at N4,044.44, followed by Anambra and Kano State, which had prices of N4,100.00 and N4,109.67, respectively.

Analyses by geopolitical zone revealed that the North-Central had the highest average retail price for 5kg cooking gas at N4,715.74, followed by the North-East at N4,539.41.

“The South-South recorded the lowest retail price at N4,317.92,” according to the NBS.

It also stated that the average retail price for refilling a 12.5kg cooking gas cylinder increased from N9,899.34 in August 2022 to N9,906.44 in September, representing a 0.07 percent month-on-month increase.

Year on year, the price increased by 60.69% from N6,164.97 in September 2021 to the same period in September 2022.

How much is the dollar to naira today at the black market exchange

 

 

 

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Abokifx exchange rate in Nigeria today black market, Naira Black Market Exchange Rates Today | How much is a dollar to naira today at the black market exchange? 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 ₦.

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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 the black market?

Here are some of the reasons for the dollar-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 daily.

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:

The 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: Even though 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 the naira exchange rate.

Also, visit Ejes Gist News for our currency to naira exchange rate today in the black market as we will keep you updated with the latest updates on how much is a dollar to naira today at the black market exchange, Crude,  FX Market. dollars to naira today in the black market

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