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Dollar To Naira Black Market Today 18th November 2023

Enudi Golden by Enudi Golden
January 11, 2024
in business, Headline, News
Reading Time: 3 mins read
Dollar To Naira Black Market Today 18th November 2023
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Dollar To Naira Black Market Today 18th November 2023

The Black Market Dollar to Naira today – Here is the current USD to Naira rate today. See CBN & black market exchange rate for dollar to naira aboki fx. You can change your USD to naira at these rate or convert dollar to naira at the latest black market rate or parallel market

So many Nigerians prefer to exchange their foreign currencies especially the US Dollars to Nigeria naira using the black market because the exchange rate is very high compared to what CBN and banks offers. If you want to know the current black market rate, here is the page to find that.

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Black Market Dollar To Naira Today 18th November 2023

Dollar to Naira (USD to NGN) Black Market Exchange Rate Today 
Buying Rate 1137
Selling Rate 1145

Eager to know the current dollar to naira exchange rate in parallel market? Well, it may interest you to know that Dollar to Naira rate in the black market sometimes varies hugely from the rate in Central Bank of Nigeria website (www.cbn.gov.ng).

The price listed above is the current USD to Naira exchange rate. We will always update the latest rate on a daily basis to keep you informed. Dollar to Naira Exchange Rate is the current exchange equivalent of the United States Dollar. Rate varies for various banks and parallel markets.

How Much is Dollar to Naira Official Exchange Rate Today

Dollar to Naira (USD to NGN)Selling Rate 844.08

Parallel exchange rate (black market) exchange rate is always different from CBN rate. Currently, Naira is trading at 827.84 Naira Per Dollar at the CBN official rate . The Nigerian Economy is drastically affected by the Dollar to Naira exchange rate.

The black market commonly referred to as Aboki market rate for dollars is usually higher than the exchange rate

The black market commonly referred to as Aboki market rate for dollars is usually higher than the exchange rate at the banks which is usually regulated by the Central Bank of Nigeria (CBN). The CBN Exchange rate is the rate you can buy or sell dollars for naira listed on CBN dollar to naira website cbn.gov.ng.

Also Dollar to Naira bank rate is the rate you use when purchasing something from foreign websites using your Naira Mastercard or Debit card from Nigerian Banks. These rate normally would always be lower than what is obtainable in the black market.

What’s your Opinion on Dollar to Naira Black Market Exchange Rate Today, let us know what you think and how the Government can work with the CBN to provide reasonable USD to naira rates in the future.

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