Dollar To Naira Black Market Exchange Rate Today Monday, 20th March 2023, including the Central Bank of Nigeria (CBN) rates and abokifx rate can be accessed below.
GoldenNewsNg has obtained the official dollar to the naira exchange rate in Nigeria today, including the Bureau De Change (BDC) rate and CBN rates.
What Is The Black Market Dollar To Naira Exchange Rate For Today?
The local currency opened at N751.00 per $1 at the parallel market otherwise known as the black market today Monday, 20 March 2023, in Lagos Nigeria, after it closed at N750 per $1 on Sunday, 19 March 2023.
The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N748 and sell at N751 on Monday, 20 March 2023, according to sources at Bureau De Change (BDC).
Dollar to naira black market exchange rate today
| Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
| Buying Rate | ₦748 |
| Selling Rate | ₦751 |
What Is The Official Exchange Rate For Dollar To Naira Today?
The exchange rate between the Naira and the US dollar according to the data released on the FMDQ Security Exchange the official forex trading portal showed that the Naira opened at ₦458.4463 per dollar on Monday, 20 March 2023, and closed at ₦456.1722 per $1 on Sunday, 19 March 2023.
Below you can see the chart for the Nigerian Naira rate today compared to the Dollar.
| 1 USD = 458.4463 NGN |
| 1 Dollars = 458.4463 Nigerian Naira |
| The USDNGN rate as of 20 Mar 2023 |
Even though the dollar opened in the parallel market for ₦751 per $1, the CBN does not recognise the parallel market, otherwise known as the black market. The apex bank has therefore directed anyone who requires forex to approach their bank, insisting that the I&E window is the only known exchange.
“The only exchange rate remains the I&E window, which is the market we expect everybody who wishes to procure or sell forex to get it,” said the CBN Governor, Godwin Emefiele.
“I am sorry to say that I do not, and I do not intend to recognise any FX in the market.
“Go to your bank. Even if your limit is above what the bank is selling, put it forward, and we will look into it. If you want to sell the dollar, go to your bank and sell it,” he said during a press briefing on September 17, 2021.
Disclaimer: GoldenNewsNg does not set or determine forex rates. The official NAFEX rates are obtained from the website of the FMDQOTC. Parallel market rates are obtained from various sources, including online media outlets. The rates you buy or sell forex may be different from what is captured in this article.
Pounds to Naira
The following are the current pounds to naira black market rates today of Bureau De Change (BDC) operators in Lagos for selling and buying Great Britain Pound Sterling at the parallel (unofficial) market.
| Pounds to Naira (GBP to NGN) | Exchange Rate Today |
| Buying Rate | ₦920 |
| Selling Rate | ₦930 |
Euro to Naira
The following are the current Euro to naira black market rates today of Bureau De Change (BDC) operators in Lagos for selling and buying Euros at the parallel (unofficial) market.
| Euro to Naira (CAD to NGN) | Black Market Exchange Rate Today |
| Buying Rate | ₦790 |
| Selling Rate | ₦8150 |
Canadian Dollar to Naira
The following are the current CAD to naira black market rate today of Bureau De Change (BDC) operators in Lagos for selling and buying Canadian Dollars at the parallel (unofficial) market.
| Canadian Dollar to Naira (CAD to NGN) | Black Market Exchange Rate Today |
| Buying Rate | ₦580 |
| Selling Rate | ₦610 |
Rand to Naira
The following are the current Rand to naira black market rates today of Bureau De Change (BDC) operators in Lagos for selling and buying Rand to Naira at the parallel (unofficial) market.
| Rand to Naira (ZAR to NGN) | Black Market Exchange Rate Today |
| Buying Rate | ₦31 |
| Selling Rate | ₦38 |
Dirham to Naira
The following are the current black market rate today of Bureau De Change (BDC) operators in Lagos for selling and buying Dirham to Naira at the parallel (unofficial) market.
| Dirham to Naira (AED to NGN) | Black Market Exchange Rate Today |
| Buying Rate | ₦180 |
| Selling Rate | ₦200 |
Yuan to Naira
The following are the current black market rate today of Bureau De Change (BDC) operators in Lagos for selling and buying Yuan to Naira at the parallel (unofficial) market.
| Yuan to Naira (CNY to NGN) | Black Market Exchange Rate Today |
| Buying Rate | ₦80 |
| Selling Rate | ₦90 |
Ghanaian Cedi to Naira
The following are the current black market rate today of Bureau De Change (BDC) operators in Lagos for selling and buying Ghanaian Cedi to Naira at the parallel (unofficial) market.
| Cedi to Naira (GHS to NGN) | Black Market Exchange Rate Today |
| Buying Rate | ₦40 |
| Selling Rate | ₦55 |
West African CFA franc to Naira
The following are the current black market rate today of Bureau De Change (BDC) operators in Lagos for selling and buying West African CFA franc to Naira at the parallel (unofficial) market.
| Dirham to Naira (XOF to NGN) | Black Market Exchange Rate Today |
| Buying Rate | ₦1050 |
| Selling Rate | ₦1100 |
Central African CFA franc to Naira
The following are the current black market rate today of Bureau De Change (BDC) operators in Lagos for selling and buying Central African CFA franc to Naira at the parallel (unofficial) market.
| CFA to Naira (XAF to NGN) | Black Market Exchange Rate Today |
| Buying Rate | ₦920 |
| Selling Rate | ₦950 |
CBN Official Naira to dollar Exchange Rates
The exchange rate between the Naira and the US dollar according to the data posted on the Central Bank of Nigeria (CBN) Currency Exchange Rate where forex is official.
GTBank Naira to Dollar Exchange Rates
| Bank | Currency | Rate | Date |
|---|---|---|---|
| GTBank | USD to Naira | ₦ 490 | 16/10/2022 |
First Bank Naira to Dollar Exchange Rates
| Currency | Rate | Date |
|---|---|---|
| GBP | ₦ 706 | 05/09/2022 |
| EUR | ₦ 602 | 18/07/2022 |
| CAD | ₦ 466 | 18/07/2022 |
| USD | ₦ 500 | 04/07/2022 |
| INR | ₦ 5.80 | 01/05/2021 |
| RUB | ₦ 6.20 | 01/05/2021 |
Access Bank Naira Exchange Rates
| Currency | Rate | Date |
|---|---|---|
| USD To Naira | ₦ 505 | 30/04/2022 |
| EUR To Naira | ₦ 531 | 31/08/2021 |
| GBP To Naira | ₦ 621 | 28/08/2021 |
| CAD To Naira | ₦ 357 | 18/08/2021 |
| ZAR To Naira | ₦ 31 | 18/08/2021 |
| INR To Naira | ₦ 6 | 18/08/2021 |
| TRY To Naira | ₦ 52 | 18/08/2021 |
| AUD To Naira | ₦ 299 | 01/05/2021 |
| RUB To Naira | ₦ 7.10 | 01/05/2021 |
| SGD To Naira | ₦ 268 | 01/05/2021 |
| AED To Naira | ₦ 109 | 26/11/2020 |
| XOF To Naira | ₦ 800 | 15/08/2020 |
UBA Naira Exchange Rates
| Currency | Rate | Date |
|---|---|---|
| INR To Naira | ₦ 6.12 | 15/10/2022 |
| USD To Naira | ₦ 503 | 29/04/2022 |
| EUR To Naira | ₦ 566 | 31/08/2021 |
| GBP To Naira | ₦ 622 | 23/07/2021 |
| CAD To Naira | ₦ 316 | 01/05/2021 |
| AED To Naira | ₦ 119 | 08/08/2020 |
Ecobank Naira Exchange Rates
| Currency | Rate | Date |
|---|---|---|
| USD To Naira | ₦ 480 | 23/03/2022 |
| GBP To Naira | ₦ 621 | 23/07/2021 |
| EUR To Naira | ₦ 499.45 | 16/06/2021 |
| AED To Naira | ₦ 107 | 15/08/2020 |
| CAD To Naira | ₦ 299 | 30/06/2020 |
| INR To Naira | ₦ 5.9 | 25/06/2020 |
Stanbic Bank Naira Exchange Rates
| Currency | Rate | Date |
|---|---|---|
| USD To Naira | ₦ 475 | 21/01/2022 |
| EUR To Naira | ₦ 543 | 22/07/2021 |
| GBP To Naira | ₦ 646 | 03/06/2021 |
| CAD To Naira | ₦ 337 | 01/05/2021 |
| TRY To Naira | ₦ 69 | 01/05/2021 |
Convert US Dollar to Nigerian Naira
1 USD Dollar is 442.134 NGN
USD | NGN |
|---|---|
| 1 USD | 442.134 NGN |
| 5 USD | 2,210.67 NGN |
| 10 USD | 4,421.34 NGN |
| 25 USD | 11,053.4 NGN |
| 50 USD | 22,106.7 NGN |
| 100 USD | 44,213.4 NGN |
| 500 USD | 221,067 NGN |
| 1,000 USD | 442,134 NGN |
| 5,000 USD | 2,210,670 NGN |
| 10,000 USD | 4,421,340 NGN |
| 50,000 USD | 22,106,700 NGN |
Convert Nigerian Naira to US Dollar
NGN | USD |
|---|---|
| 1 NGN | 0.00226176 USD |
| 5 NGN | 0.0113088 USD |
| 10 NGN | 0.0226176 USD |
| 25 NGN | 0.0565439 USD |
| 50 NGN | 0.113088 USD |
| 100 NGN | 0.226176 USD |
| 500 NGN | 1.13088 USD |
| 1,000 NGN | 2.26176 USD |
| 5,000 NGN | 11.3088 USD |
| 10,000 NGN | 22.6176 USD |
| 50,000 NGN | 113.088 USD |
1 US Dollar to Nigerian Naira stats
| Last 30 Days | Last 90 Days | |
|---|---|---|
High | 442.67 | 442.67 |
Low | 436.36 | 420.31 |
Average | 439.32 | 432.43 |
Volatility | 0.10% | 0.10% |
The following are the euro to dollar exchange rates today. It also includes the euro to pounds exchange rates, euro to yen exchange rates, and euro to naira exchange rates among others.
Convert Euro to US Dollar
EUR | USD |
|---|---|
| 1 EUR | 1.04179 USD |
| 5 EUR | 5.20895 USD |
| 10 EUR | 10.4179 USD |
| 25 EUR | 26.0447 USD |
| 50 EUR | 52.0895 USD |
| 100 EUR | 104.179 USD |
| 500 EUR | 520.895 USD |
| 1,000 EUR | 1,041.79 USD |
| 5,000 EUR | 5,208.95 USD |
| 10,000 EUR | 10,417.9 USD |
| 50,000 EUR | 52,089.5 USD |
