The black market Dollar to Naira rate popularly known as Aboki exchange rate Today 5th May 2023 can be accessed below.
Please take note that the exchange rate is subject to hourly fluctuations which are influenced by the supply and demand of dollars in the market. As of now, you can purchase 1 dollar at ₦740 and sell it at ₦745, however, it’s important to keep in mind that the rate can shift (either upwards or downwards) within a matter of hours.
CBN Dollar to Naira Exchange Rate Today 5th May 2023:
| USD to NGN | Buying Rate | Selling Rate |
|---|---|---|
| 1 USD | 460 NGN | 460 NGN |
Black Market (Aboki) Dollar to Naira Exchange Rate as of 5th May 2023 :
| USD to NGN | Buying Rate | Selling Rate |
|---|---|---|
| 1 USD | ₦740 | ₦745 |
Please keep in mind that these rates are subject to change frequently and may not be accurate at the time of viewing.
Euro to Naira Black Market
Today’s Euro to Naira black market rate: This is the rate at Aboki/Bureau De Change (BDC) are selling and buying The European currency (Euro) currently in Abuja, Kano, and Lagos. There might be slight variations in the different parallel (unofficial) markets.
black market rate dollar to naira
| Euro to Naira (EUR to NGN) | Exchange Rate Today |
| Buying Rate | ₦760 |
| Selling Rate | ₦780 |
Pounds to Naira Black Market
Today’s Pounds to Naira black market rate: this is the rate Aboki/Bureau De Change (BDC) are selling and buying. The Great British Pounds currency (Pounds) is currently in Abuja, Kano, Lagos. There might be slight variations in the different parallel (unofficial) markets.
| Pounds to Naira (GBP to NGN) | Exchange Rate Today |
| Buying Rate | ₦910 |
| Selling Rate | ₦930 |
Rand to Naira
Today’s Rand to Naira black market rate is the rate Aboki/Bureau De Change (BDC) are selling and buying. The Rand is currently in Abuja, Kano, and Lagos. There might be slight variations in the different parallel (unofficial) markets.
| Rand to Naira (ZAR to NGN) | Black Market Exchange Rate Today |
| Buying Rate | ₦31 |
| Selling Rate | ₦38 |
Dirham to Naira
Today’s Dirham to Naira black market rate is the rate Aboki/Bureau De Change (BDC) are selling and buying. The Dirham is currently in Abuja, Kano, and Lagos. There might be slight variations in the different parallel (unofficial) markets.
| Dirham to Naira (AED to NGN) | Black Market Exchange Rate Today |
| Buying Rate | ₦155 |
| Selling Rate | ₦165 |
Yuan to Naira
Today’s Yuan to Naira black market rate is the rate Aboki/Bureau De Change (BDC) are selling and buying. The Chinese Yuan is currently in Abuja, Kano, and Lagos. There might be slight variations in the different parallel (unofficial) markets.
| Yuan to Naira (CNY to NGN) | Black Market Exchange Rate Today |
| Buying Rate | ₦80 |
| Selling Rate | ₦90 |
Ghanaian Cedi to Naira
Today’s Ghanaian Cedis to Naira black market rate is the rate Aboki/Bureau De Change (BDC) are selling and buying. The Ghanaian Cedis is currently in Abuja, Kano, and Lagos. There might be slight variations in the different parallel (unofficial) markets.
CAD to Naira Black Market – canadian dollar to naira
Today’s CAD to Naira black market rate: this is the rate Aboki/Bureau De Change (BDC) are selling and buying The Canadian Dollar currency (CAD) currently in Abuja, Kano, and Lagos. There might be slight variations in the different parallel (unofficial) markets.
CBN Official Naira 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.
| Date | Currency | Buying(NGN) | Central(NGN) | Selling(NGN) |
|---|---|---|---|---|
| 5/2/2023 | US DOLLAR | 459.85 | 460.35 | 460.85 |
| 5/2/2023 | POUNDS STERLING | 573.8468 | 574.4708 | 575.0947 |
| 5/2/2023 | EURO | 504.2255 | 504.7738 | 505.322 |
| 5/2/2023 | SWISS FRANC | 512.0824 | 512.6392 | 513.196 |
| 5/2/2023 | YEN | 3.3468 | 3.3504 | 3.3541 |
| 5/2/2023 | CFA | 0.7511 | 0.7611 | 0.7711 |
| 5/2/2023 | WAUA | 619.0805 | 619.7537 | 620.4268 |
| 5/2/2023 | YUAN/RENMINBI | 66.5168 | 66.5896 | 66.6623 |
| 5/2/2023 | RIYAL | 122.6201 | 122.7535 | 122.8868 |
| 5/2/2023 | SOUTH AFRICAN RAND | 25.0231 | 25.0503 | 25.0775 |
What is $1 to naira in black market?
1 dollar to naira black market – how much is naira to dollar
$1 is ₦ 745
How much is $100 in black market today?
$100 is ₦ 74,500
How much is $100 US in Nigeria?
$100 is ₦ 74,500
What is $1 to naira in black market?
How much is $100 US in Nigeria?
How much is $100 in black market today?
Dollar To Naira Rate Rises After $1.58 Billion Drop In Foreign Reserves
The Naira to Dollar exchange rate closed at ₦463/$1 at the end of trading on May 3rd, 2023, reflecting a 0.14% increase from the previous day’s rate. The rise in the exchange rate is attributed to the depletion of Nigeria’s foreign reserves, which is caused by the decrease in foreign capital importation. The Investors’ and Exporters’ window saw an increase in foreign exchange transactions worth $52.32 million. However, this improvement is not enough to stabilize the Naira as foreign investors see Nigeria as an unviable business environment due to the low foreign capital importation of $5.32 billion in 2022, compared to $23.9 billion in 2019.
