What is the dollar to naira exchange rate on the Nigerian black market, which is also known as the parallel market or Aboki fx? On this article, You can find the black market Dollar to Naira exchange rate for Today Friday, 15th July, 2022. You can successfully exchange your dollar to Naira at these rates.
This page answers the following questions: what is the Dollar to Naira Black Market Exchange Rate Today? What is the current USD/Naira exchange rate? | CBN Exchange Rates, What is the value of a pound in Naira, and what is the euro to Naira exchange rate?
GoldenNewsNg provides you with the most accurate dollar to naira at black market exchange rate.
Now, How much is dollar to naira today in black market?
The exchange rate for a dollar to naira at the Lagos Parallel Market (Black Market) players buy a dollar for N598 and sell it at N605 on Friday, July 15th, 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.
CBN Official Dollar to Naira exchange rate.
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 | 491.68 |
Selling Rate | 510.78 |
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 | 416.94 |
Selling Rate | 405.85 |
Other Currencies Exchange Rate.
- Pounds to Naira Black Market is 749
- Euro to Naira today Black Market 730
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 = ₦510.50
Zenith bank Dollar to naira exchange rate today.
Zenith Bank Plc Currency Exchange Rate $1 = ₦519.00
Western Union USD to naira exchange rate today.
Western Union Currency Exchange Rate $1 = ₦502.04
Wema bank USD to naira exchange rate today.
Wema Bank Plc Currency Exchange Rate is $1 = ₦501.20.
GTBank USD to naira exchange rate today
GTBank Bank Plc Currency Exchange Rate is $1 = ₦510.0
UBA USD to Naira exchange rate today.
UBA Bank of Nigeria Currency Exchange Rate $1 = ₦510.01
Access Bank USD to Naira exchange rate today
Access Bank PLC Currency Exchange Rate $1 = ₦520.21.
Meanwhile, investor sell-offs dominated Thursday’s trading activity on the Nigerian capital market for the second day in a row.
After eight hours of trading on Thursday, the development caused the stock capitalization to decline by -0.10 percent to conclude at N27.68 trillion.
Compared to the N27.71 trillion posted by the stock market on Wednesday, the amount was N28.04 billion less.
The All-Share Index experienced a similar decline, falling 51.24 basis points to settle at 51,339.01 as opposed to the 51,390.25 posted the day before.
On Thursday, investors transacted 115.41 million shares for N1.20 billion in 3,731 deals.
This was less than the 198.81 million shares worth N2.18 billion that were traded in 4,769 transactions on Wednesday.
Academy was the top gainer, increasing its share price by N0.18kobo, from N2.07 to N2.25kobo.
The share price of Regal Insurance increased by 8%, going from N0.25 to N0.27 per share.
CWG’s share price increased by 7.95 percent to N0.95kobo per share at the close of trade.
Cutix increased by N0.16kobo to close at N2.36kobo per share from N2.20kobo.
The price of a NAHCO share increased by N0.40kobo, from N8 to N8.40kobo per share.
Champion was the biggest loser, dropping from N3.89 to N3.55 per share after losing N0.34kobo.
Ikeja Hotel’s share price decreased by N0.10 kobo to N1.20 kobo at the close of trade.
International Breweries decreased by N0.30kobo to close trading at N5.50kobo per share from N5.80kobo.
Multiverse’s share price decreased by 4.17 percent, from N1.89 to N1.80 kobo.
The share price of UPDC REIT decreased by N0.15kobo during trading from N3.60kobo to N3.45kobo.
With 12.18 million shares worth N15.11 million, Transcorp had the most trading volume for the day.
Following with 7.64 million shares for N42.76 million was International Breweries.
7.40 million shares worth N78.78 million were traded by First Bank.
Sterling Bank exchanged 6.44 million shares valued at N9.98 million, while Zenith Bank sold 6.58 million shares worth N148.27 million.
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 ₦.