• About Us
  • Advertise with Us
  • Contact Us
Wednesday, March 29, 2023
GoldenNewsNG
No Result
View All Result
  • Home
  • News
    I Was Supposed To Be An Entertainer – Gov Adeleke

    I Was Supposed To Be An Entertainer – Gov Adeleke

    WAEC and JAMB Subject Combinations for Theatre Arts Courses

    WAEC and JAMB Subject Combinations for Theatre Arts Courses

    Fire Burns Down Popular Lagos Market

    Fire Burns Down Popular Lagos Market

    42 Drums Of Crude Oil Recovered From Thieves In Abia By The NSCDC

    42 Drums Of Crude Oil Recovered From Thieves In Abia By The NSCDC

    Latest NPower News, NPower Payment News Today 28th March 2023

    Latest NPower News, NPower Payment News Today 28th March 2023

    Direct Link To Apply For Nigeria Navy Basic Training School Batch 35 Recruitment

    Direct Link To Apply For Nigeria Navy Basic Training School Batch 35 Recruitment

    Trending Tags

    • Commentary
    • featured
    • Event
    • Editorial
  • Npower
  • Jobs
  • NYSC Info
  • Education
  • Business
  • Entertainment
  • Sports
  • Technology
  • Home
  • News
    I Was Supposed To Be An Entertainer – Gov Adeleke

    I Was Supposed To Be An Entertainer – Gov Adeleke

    WAEC and JAMB Subject Combinations for Theatre Arts Courses

    WAEC and JAMB Subject Combinations for Theatre Arts Courses

    Fire Burns Down Popular Lagos Market

    Fire Burns Down Popular Lagos Market

    42 Drums Of Crude Oil Recovered From Thieves In Abia By The NSCDC

    42 Drums Of Crude Oil Recovered From Thieves In Abia By The NSCDC

    Latest NPower News, NPower Payment News Today 28th March 2023

    Latest NPower News, NPower Payment News Today 28th March 2023

    Direct Link To Apply For Nigeria Navy Basic Training School Batch 35 Recruitment

    Direct Link To Apply For Nigeria Navy Basic Training School Batch 35 Recruitment

    Trending Tags

    • Commentary
    • featured
    • Event
    • Editorial
  • Npower
  • Jobs
  • NYSC Info
  • Education
  • Business
  • Entertainment
  • Sports
  • Technology
No Result
View All Result
Golden News
No Result
View All Result
  • Home
  • News
  • Npower
  • Jobs
  • NYSC Info
  • Education
  • Business
  • Entertainment
  • Sports
  • Technology
Home business

Current Dollar to Naira Exchange Rate In Nigeria (Black Market, BDC and CBN Rates)

Enudi Golden by Enudi Golden
March 27, 2021
in business, Featured, Headline
Reading Time: 3 mins read
Current Dollar to Naira Exchange Rate In Nigeria (Black Market, BDC and CBN Rates)
2
SHARES
FacebookShareTwitterShareWhatsappShareTelegramShare

Interested in knowing the current Dollar to Naira Exchange Rate In Nigeria?  GoldenNewsNg has compiled the current Dollar to Naira exchange rate in Nigeria including the Black Market rates, Bureau De Change (BDC) rate and CBN rates.

 

The United States Dollar (USD)

The US Dollar is the most popular currency in the world, and is the dominant reserve currency in use around the globe.

The United States Dollar (USD) is undoubtedly one of the strongest bills in the world today. It is accepted in most parts of the world as a means of payment of services or businesses carried both online and offline. A hundred Cents makes up a Dollar, and the symbols of Cent and Dollar respectively are (¢) and $. The code for the United States Dollar is USD.

READ ALSO

Full List of NMFB Branches To Get CBN Loan

Will NPower Program Continue After Buhari’s Administration ?

There are other countries who also make use of the Dollar as their official currency, but their value and exchange rates are quite different from that of the United States Dollar. Examples of such countries include; Zimbabwe, Ecuador, Canada, East Timor, Palau, Federated States of Micronesia, Panama, Turks and Caicos Island, Marshall Island, El Salvador, Caribbean Netherlands, British Virgin Islands, etc. One good fact about the United State Dollar is that it has an inflation rate of 0.10%.

The Nigeria Naira (NGN)

The Naira is the currency used by the Federal Republic of Nigeria. The exchange rate of Nigeria Naira is undergoing a reduction in Value at the moment, but before now it has maintained a stand of being one of the strongest currency in Africa during the 20th century.

In the present 21st century, particularly in recent times, things have really changed negatively. The foreign exchange rate of the Nigerian Naira has been on the waning at an alarming rate.

One hundred Kobo makes up a Naira and the symbol for the Naira is ₦, while the code is simply written as NGN.

How Much Is Dollar To Naira Exchange Rate Today?

The US Dollar to Nigerian naira’s exchange rate today in the parallel market is quite different from the official CBN rate.

Exchange Rate of Dollar To Naira in Black Market Today

The Nigeria black market dollar exchange rate today to the Nigerian Naira is as follows:

Buying = 1 USD to Naira 480

Selling = 1 USD to Naira 486

This is the current price as updated today, you can always check this spot for daily updates (or periodic updates) because they are done in realtime.

 

CBN Exchange Rate of Dollar to Naira Today

The current CBN exchange rate of the Dollar to Naira today is: $1 = ₦380

 

Black Market Exchange Rate of Dollar to Naira

The black market, popularly known as Aboki change rate or parallel market, can be used interchangeably as they all mean the same thing. This is the exchange rate you will get from the Hausa exchangers within the streets. They are found in almost all major cities in Nigeria. The rate these Hausa exchangers buy and sell Dollars for Naira is called black market rate

As at the  time of filling this report see  current Bureau De Change (BDC)  exchange rate

Sell: $1 = ₦485

Buy $1 = ₦475

About Buying and Selling Rate

The buying rate is the amount in Naira that the Central Bank of Nigeria, Western Union, Money Gram, Nigerian Banks, or Aboki exchangers will give you for 1 Dollar. The selling rate, on the other hand, is the rate all the above-mentioned institutions will sell a Dollar to you when you pay in Naira. The selling rate is always higher than the buying rate.

 

 

 

Related Posts

Full List of NMFB Branches To Get CBN Loan
LOAN & INVESTMENT

Full List of NMFB Branches To Get CBN Loan

Will NPower Program Continue After Buhari's Administration ?
Npower

Will NPower Program Continue After Buhari’s Administration ?

10 Common Problems Students Face in University
Education

10 Common Problems Students Face in University

Latest NPower News, NPower Payment News Today 28th March 2023
Npower

Latest NPower News, NPower Payment News Today 28th March 2023

Direct Link To Apply For Nigeria Navy Basic Training School Batch 35 Recruitment
Jobs

Direct Link To Apply For Nigeria Navy Basic Training School Batch 35 Recruitment

How NPower is Contributing to Reducing Unemployment and Poverty in Nigeria
Npower

How NPower is Contributing to Reducing Unemployment and Poverty in Nigeria

Next Post
How to Check NIRSAL Loan Approval with BVN Number | Direct Link

Update On NIRSAL: Application, Payment Date, Reapply For Covid19 Loan

Leave a Reply Cancel reply

JUST IN

Full List of NMFB Branches To Get CBN Loan

Full List of NMFB Branches To Get CBN Loan

Ihedioha Back Down  From Imo Governorship Race

Ihedioha Back Down From Imo Governorship Race

Mercy Chinwo ‘Cut Ties’ With Minister GUC

Mercy Chinwo ‘Cut Ties’ With Minister GUC

To Promote My Song With Davido And Kizz Daniel I Spent N52 Million – Iyanya

To Promote My Song With Davido And Kizz Daniel I Spent N52 Million – Iyanya

What Tinubu Can Do To Stop Me From Becoming Senate President – Orji Kalu

What Tinubu Can Do To Stop Me From Becoming Senate President – Orji Kalu

I Was Supposed To Be An Entertainer – Gov Adeleke

I Was Supposed To Be An Entertainer – Gov Adeleke

Whitemoney Tenders Apology To Women Over Insensitive Comment

Whitemoney Tenders Apology To Women Over Insensitive Comment

Will NPower Program Continue After Buhari's Administration ?

Will NPower Program Continue After Buhari’s Administration ?

10 Common Problems Students Face in University

10 Common Problems Students Face in University

WAEC and JAMB Subject Combinations for Theatre Arts Courses

WAEC and JAMB Subject Combinations for Theatre Arts Courses

Follow us

Categories

  • Biafra
  • Big brother Titans
  • business
  • Crime
  • Education
  • Entertainment
  • Featured
  • General Information
  • Headline
  • Health
  • Insurance
  • Jamb & All Education News
  • Jobs
  • Lifestyle
  • LOAN & INVESTMENT
  • News
  • Npower
  • NYSC
  • Opinion
  • Politics
  • Relationship
  • Scholarship/ Opportunities
  • SPONSORED POST / GUEST POST
  • Sports
  • Technology
  • Tour
  • World News

Recent Posts

  • Full List of NMFB Branches To Get CBN Loan
  • Ihedioha Back Down From Imo Governorship Race
  • Mercy Chinwo ‘Cut Ties’ With Minister GUC
  • To Promote My Song With Davido And Kizz Daniel I Spent N52 Million – Iyanya
  • About Us
  • Advertise with Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms And Conditions

© 2022 Golden News

No Result
View All Result
  • Home
  • News
  • Npower
  • Jobs
  • NYSC Info
  • Education
  • Business
  • Entertainment
  • Sports
  • Technology

© 2022 Golden News

YOU WANT LATEST UPDATES?

JOIN OUR TELEGRAM CHANNEL NOW
X