Naira to Dollar black market exchange rate today September 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

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


This page answers the following questions regarding dollars to naira black market 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 black market dollar to naira today and aboki dollar to naira today? 

Dollar to Naira Black Market Rate Today 

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 N695 and sell it at N705 on Monday, September 5th, according to sources at Bureau De Change (BDC).

Please be aware that the parallel market, also referred to as the “black market,” 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 695
Selling Rate 705

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 695
Selling 705

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


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

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 695
Selling Rate 705

 


CBN Official Dollar to Naira exchange rate.


Dollar to Naira (USD to NGN) Dollar to Naira official exchange rate
Buying Rate 432.68
Selling Rate 434.95

 

 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 872
  • Euro to Naira today Black Market 853

Convert US Dollar to Nigerian Naira Today, September 5th 2022. How much are 100 dollars in Naira?

USD Dollar Conversion of Dollar Naira 
1 USD 432.68 NGN
10 USD 4,32.68 NGN
100 USD 43,268 NGN

 

Black Market Exchange Rate in Nigeria Today Range. 


The Dollar to Naira Black Market Rate Today 5th September, 2022, across all cities


Dollar to Naira (USD to NGN) Black Market Exchange Rate in Nigeria  range
Buying Rate 695
Selling Rate 705

Dollar To Naira Exchange Rate Today Black Market

The Exchange Rate of Dollar to Naira yesterday  Black Market  Closed at ₦699/$

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 695
Selling Rate 699

 

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.

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

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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European Markets, Euro Tumble As Russia Fans Energy Crisis

Meanwhile, European markets fell Monday, and the euro hit a new 20-year low, as traders braced for another interest rate hike this week, amid growing fears of an energy crisis, after Russia said it would not restart gas flows to the continent.

The selling followed a mixed day in Asia, where positive sentiment from a US jobs report was offset by growing concerns about the European outlook, as well as Chinese Covid lockdowns and geopolitical tensions.

Paris, Frankfurt, and London all dropped sharply at the open after Russia’s Gazprom said it would not restart gas supplies to Europe due to pipeline problems.

The announcement came on the same day that the G7 nations announced that they would work to quickly implement a price cap on Russian oil exports, depriving the Kremlin of critical revenue for its war effort.

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The news exacerbated the continent’s energy crisis, which was exacerbated by sanctions imposed on Moscow for its February invasion of Ukraine.

It has sent shockwaves through the eurozone economy, fueling fears of a recession and sending the euro to a 20-year low against the dollar. At one point, the euro fell to a low of $0.9878.

“Russia’s ongoing weaponization of energy supplies increases downside risks for European economies and the euro,” said Lee Hardman, currency analyst at MUFG.

The problem has caused the European Central Bank considerable consternation. As it struggles to contain runaway inflation, it is forced to raise interest rates.

Policymakers are expected to announce a second straight increase at their meeting this week, with some forecasting a 0.75 percentage point increase.

“Europe’s prospects are bleak.” “It started getting choppy at the end of last week, and it’s almost certainly going to get worse,” TwentyFour Asset Management’s Gordon Shannon said.

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“The ECB had only recently begun to catch up with the Fed in terms of rate hikes, but if we enter a prolonged recession, I believe this will slow their efforts.”

The move countered a broadly positive payrolls report that showed US employment growth slowing and unemployment ticking higher, easing pressure on the Federal Reserve to raise interest rates sharply.

In response to the data, traders reduced their forecast for a third consecutive three-quarter point increase this month, with many now predicting 50 basis points.

“The increase in participation and a softening in average hourly earnings may be a tentative sign that intense labour market tightness is beginning to ease slightly,” said Tapas Strickland of National Australia Bank.

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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

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 (₦).

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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.

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. dollars to naira black market

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