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Black Market Dollar To Naira Exchange Rate To 5th April 2023 (Aboki Exchange )

Enudi Golden by Enudi Golden
January 11, 2024
in business, Headline, News
Reading Time: 5 mins read
Dollar to Naira Black Market Rate Today 8th September 2023
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Black Market Dollar To Naira Exchange Rate To 5th April 2023 , Aboki Exchange rate for today has emerged.

Dollar to Naira Black Market exchange rates, Bureau De Change BDC rate and Central Bank of Nigeria CBN rates, The dollar to naira today black market exchange rates in Lagos Nigeria today.

The black market dollar to naira exchange rate is the unofficial exchange rate at which foreign currencies, such as the US dollar, are traded for Nigerian naira outside the official exchange rate set by the Central Bank of Nigeria (CBN). The black market rate is usually higher than the official exchange rate because of the high demand for foreign currency and limited supply.

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Dollar to Naira Exchange Rate at the Black Market (Aboki FX) on April 5th, 2023

Today April 5th 2023,  the exchange rate for a dollar to naira at the Lagos parallel market (black market) is N745 for buying and N747 for selling, according to sources at Bureau De Change (BDC). It means that if you want to buy a dollar, you would have to pay N747, and if you want to sell a dollar, you would receive N745. This means, if you are buying from Aboki, you will pay 747, but if selling your dollar in exchange for naira to Aboki, it will be exchanged at the rate of 745.

It is important to note that the CBN does not recognize the black market and has directed individuals who want to engage in forex to approach their respective banks. Therefore, the rates you buy or sell forex may be different from what is captured in this article because prices vary.

According to currency dealers at the Zone 4 market in Abuja, Nigeria, the buying rate for the US dollar today is 747₦‎, while the selling rate is 750₦‎.

IMPORTANT NOTE: Please note that the exchange rate changes hourly.… it depends on the volume of dollars available and the Demands. What it means is that…you can buy or sell 1 dollar at ₦745 and the price can change (high or low) within hours.

The present buying and selling rates of United States Dollars (USD) on the unofficial parallel market are provided below for Bureau De Change (BDC) operators in Lagos and Abuja, also known as the black market.”

CurrencyBuying RateSelling Rate
USD to NGN₦745₦747
GBP to NGN₦920₦930
EUR to NGN₦790₦815
CAD to NGN₦580₦610
ZAR to NGN₦31₦38
AED to NGN₦180₦200
CNY to NGN₦80₦90
GHS to NGN₦40₦55
XOF to NGN₦1050₦1100
XAF to NGN₦920₦950

Official Dollar to Naira Exchange rate today 5th April 2023

The official exchange rate between the Nigerian Naira and the US dollar is provided by the Central Bank of Nigeria (CBN) on its Currency Exchange Rate platform.

GTBank Dollar to Naira Exchange Rates

BankCurrencyRate
GTBankUSD to Naira₦ 490

First Bank Naira Exchange Rates

CurrencyRate
GBP₦ 706
EUR₦ 602
CAD₦ 466
USD₦ 500
INR₦ 5.80
RUB₦ 6.20

Access Bank Dollar to Naira Exchange Rates

CurrencyRate
USD To Naira₦ 505
EUR To Naira₦ 531
GBP To Naira₦ 621
CAD To Naira₦ 357
ZAR To Naira₦ 31
INR To Naira₦ 6
TRY To Naira₦ 52
AUD To Naira₦ 299
RUB To Naira₦ 7.10
SGD To Naira₦ 268
AED To Naira₦ 109
XOF To Naira₦ 800

UBA Dollar to Naira Exchange Rates

CurrencyRate
INR To Naira₦ 6.12
USD To Naira₦ 503
EUR To Naira₦ 566
GBP To Naira₦ 622
CAD To Naira₦ 316
AED To Naira₦ 119

Ecobank Naira Exchange Rates

CurrencyRate
USD To Naira₦ 480
GBP To Naira₦ 621
EUR To Naira₦ 499.45
AED To Naira₦ 107
CAD To Naira₦ 299
INR To Naira₦ 5.9

Stanbic Bank Dollar to Naira Exchange Rates

CurrencyRate
USD To Naira₦ 475
EUR To Naira₦ 543
GBP To Naira₦ 646
CAD To Naira₦ 337
TRY To Naira₦ 69

 

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