Parallel Foreign /Black market Exchange Rate rate today is the same all over Nigeria such as Lagos, Cross River, Asaba, Benin, Abuja, Kano Lokoja Kwara Ilorin, Port Harcourt, Ogun, Ondo, Ibadan but local black market price may differ. Black Market Exchange Rate: Black Market Exchange Rate can also be referred to as aboki fx rate. The (USD) dollar to Nigerian Naira exchange rate today varies between the CBN exchange rate and the parallel market (black market) exchange rate. 600/615. The RBZ and Finance Ministry killed fungibility on the ZSE. USD is being traded at ₦476 in Black Market(Lagos) today, Sunday, December 13, 2020. Based on pictures posted by various daring “money-changers” on social media it seems that the Reserve Bank of Zimbabwe has finally released the new $20, It seems the Reserve Bank of Zimbabwe has every intention to keep its promise that they would from now on surprise the illegal foreign currency. We do not take part in any parallel market activities nor do we promote them. US dollar/RTGS dollar official and black market rates today (12/06/2019) By. Dec 7, 2020 - 16:20. On the AbokiFX website, you can check live exchange rates and see daily Naira exchange rates. 10 were here. This website uses cookies We use cookies to personalise content and ads, to provide social media features and to analyse our traffic. Sell : ₦560:00 +0.00% . Our platform documents the rumoured parallel market that is mentioned on social media and various other sources. Viber. 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. This is the highest allocation ever since the auction system began, The Zimbabwean dollar marginally lost value again this week. Today’s Naira Black Market Exchange Rates. Get current currency exchange rates of Syrian Pound and Currency Converter to/from SYP BUY/SELL. Yet, … 25 main auctions and 19 SME auctions have now been held since the auction system began. Black pepper Market Rates in India. These are the prevalent rates for Lagos. View Larger Image. Unlock Naija – LOCKDOWN CAN’T STOP US FROM… Entertainment. Finance and Economic Development Minister Professor Mthuli … 24/08/2020. Home → Official And Black Market Exchange Rates. An exchange rate for a currency that differs from the official exchange rate set by a government. For example, shops currently use a rate of $90-100 ZWL cash per 1 USD but when you sell on the streets you will only get about $85 ZWL; This site is about prices hence the rate cited above **Due to an acute change problem in the market $1 USD notes are selling for a … The dollar to Naira exchange rate goes for 357 / 361 (buy/sell) at the parallel market today. However, our concern here is on the trading of currencies in the black market. The Black market is oftentimes seen as an underground economy run by dealers that are not authorized by the government but who run a trusted connection with those who … Rate Alerts. Dollar to Naira. Today’s market rate for common transfer amounts USD to VES. Pounds to Naira. in different markets all over India. Cedis To Naira Exchange Rate Today – November 2020 . The OMIR is cited for historical purposes only. The Nigeria black market dollar exchange rate today to the Nigerian Naira is as follows:. The Canadian dollar to Naira exchange rate today {Black Market} is quite high, at the expense of the Nigerian Naira. Websites to get black market exchange rates in Nigeria. Please read our explanation on why the rate is to be treated as a rough guide rather than used for internal calculations, FIU directive that promises to crack on illegal foreign currency dealer adverts on social media here, Picture: The secret reason why Zimbabwe is always facing foreign currency shortages and high unemployment, Civil Servants Find A Way To Cash Out As Nostro USD Starts Selling On The Streets, Stanbic Account Holders, Here Is How You Can Liquidate Your COVID Allowances, FBC Now Allows You To Liquidate Your Covid-19 Allowance Using Mobile Banking, Here Is How, FBC Nostro Account Holders Here Is How To Liquidate Your US$75 Allowance Via WhatsApp, The RBZ Introduces A Second, Thursday Auction For SMEs, Click Here To See The Latest Grocery Prices, Consumables (incl Spare, Tyres, Electricals), Services (Loans, Education, Dividends, Disinvestments, etc), Retail and Distribution (Incl. Cynthia Goba - 12 June 2019. Daily FX rates against the Dollars (USD), Pound Sterling (GBP), Euro (EUR) and other currencies like (GHS) Ghana Cedis, XAF and XOF Benin and Cameroon Francs. Currency Charts. The current bank exchange rates for the ZWL$ today are as follows: USD to ZWL$: 57.3582 ZWL$ to RAND: 0.3015 Data according to the Reserve Bank of Zimbabwe Black Market Rates OMIR zimrates.com $122.22 USD to ZWL$ bluemari.info $90-$100 Like224 Dislike28 5147010cookie-checkZimbabwe official, black-market exchange rates today ..zwl bond, usd, rand : 29-30-06-2020no Just before I got to Venezuela, the black-market rate for a single dollar bill was around 17o bolivars. I would be highlighting the reasons why it is so. READ ALSO: There are now 18,000 Bitcoin millionaires Earlier today, the Nairametrics exchange rate tracker quoted the average price at N480/$1 down from N485/$1 quoted a day earlier. Due to the current situation in Ethiopia, it's extremely important that legal channels are used to exchange currency however, for those who would want to exchange between family or friends the black market rate is 48.0 - 52 birr and official rate is 38.25 birr. Buy : ₦570:00 +0.00% . Live Iranian Rial (IRR) Exchange Rates and Gold Price in Iran's Free Market. Dec 11, 09:33 : Nafed (Mh) has procured only 14.36 MT urad at MSP in Maharashtra from kharif season. More often than not these entities find a way to get that foreign currency as failure is not an option. Black Market Rates: RTGS$ to USD: 3.60 RTGS$ to RAND: 4.03 — MarketWatch. October 12, 2018 News. Real-time gross settlement systems (RTGS) is a funds transfer system where money transfer takes place from one bank to another on a “real time” basis and “gross” basis. Volatile Market: While some traders sell for N475/$1, others sell for as high as N490/$1. Sell rates: USD ₦ 475, EUR ₦ 580, GBP ₦ 625, CAD ₦ 362, ZAR ₦ 27, GHS ₦ 85, RMB ₦ 70, AUD ₦ 293, XOF ₦ 0.86, XAF ₦ 0.78, and AED ₦ 155 Convert Euro, Pounds, and Dollar to Naira NGN. The average rate is to be used with caution. - Black market rate is between 47.00 - 50.00 birr. It simply means the exchange rate of 1 usd to naira on the street. When it comes to diplomatic relations with each other, the United States and Canada are more bonded to each other than they are to Mexico. US Dollar rate is ₦475 against Naira in Black Market (Lagos) today, December 11, 2020. The table above lists the market rates for Black pepper in India on dates 2020-11-19, 2020-11-17, 2020-11-18, 2020-11-16, 2020-11-24, etc. ReddIt. So the exchange rate they buy and sell dollar for naira is called black market rate. Nairabarter.com. - CHRISTIAN SCROLL DECEMBER 12, 2020 Govt halts retrenchment of 300 Arik Air staff - … We also share information about your use of our site with our social media, advertising and analytics partners who may combine it with other information that you've provided to them or that they've collected from your use of their services OK USD ($) EURO (€) GBP (£) BUY/SELL. 0. It is called Aboki FX rate because most black market agents are Abokis. When we look at the whole month, USD was traded at ₦490 at the beginning of December on Tuesday, December 01, 2020. The black market exchange rate occurs when the official rate bears little or no relationship to the currency's actual value. The second two being the United States of America (USA) and Mexico. In order not to get you confused, let’s move to the core of the issue. 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. Today’s Naira Black Market Exchange Rates. Hie today’s official and black market exchange rates are as follows: Dollar to Naira Black Market Rate for May, 2019. Check today's rates. The black market exchange rate occurs when the official rate bears little or no relationship to the currency's actual value. Selling = 1 USD to Naira 475. MarketWatch.co.zw (Updated, June 12, 2019, 9:16 am) 100 USD = 870.0 RTGS (770.0%) 100 USD = 850.0 Bond (750.0%) 100 USD = 906.0 RTGS (806.0%) (Old Mutual Implied Rate) 100 USD = 1473 South African Rand (ZAR) 100 … RTGS$ to USD: 2.5219 RTGS$ to RAND: 5.7667 . Euros to Naira. If you are looking for a genuine source to get Naira to Dollar Exchange Rate for any reason, you have landed on your one-stop destination to get the updated exchange value or rate of the Naira against the Dollar in the Black Market. Black markets can also appear when government-imposed price ceilings create shortages. More From: Exchange Rate. This currency which was issued actually bears the portraits of three eminent Nigerians who were declared national heroes on the 1 st of October 1978. Dollar to Naira Rate Black Market August 24 2020. You can also check out the high pounds to naira exchange rate. How much is the USD exchange for NGN at the black market? Email. The dollar to naira exchange rate today is so high cause the demand of dollar is greater than the supply in the market. This dampened the market and has driven the sellers even further underground. Reverse rate | NGN to EUR 1NGN = 0.0018 EUR . Follow @MyZimbabweNews. Abokifx 2019 – Abokifx.com is a remarkable online platform for daily update of Nigerians black market (parallel marker) currencies conversion rate ranging from dollars, pounds sterling, euros and other foreign currencies. Actual rates may vary slightly based on vendor. Parallel Foreign /Black market Exchange Rate rate today is the same all over Nigeria such as Lagos, Cross River, Asaba, Benin, Abuja, Kano Lokoja Kwara Ilorin, Port Harcourt, Ogun, Ondo, Ibadan but local black market price may differ. Earlier this week we revealed how civil servants were finding it difficult to spend their […]... One of the reasons we railed against the socalled official rate was that it was […]... 58 Mwamuka Drive, Mbare, Harare, Zimbabwe, on Official And Black Market Exchange Rates. Today’s Naira Black Market Rates. Pound to Naira exchange rate has been increasing just like the rate of dollar to naira, euro to naira and other foreign currencies. 20/08/2020. Weeks ago the RBZ banned Ecocash Cash-in and Cash-out, the primary means through which illegal traders by and sell foreign currency. We strive to bring you the most accurate rates in the market and our independence means we have no bias on these rates. NAIRA(₦) USD($) EURO(€) GBP(£) Buy/Sell: Buy/Sell: Buy/Sell: 11/12/2020: 470/475 Breaking News via Email. We use cookies to ensure that we give you the best experience on our website. Canada is one of the 3 main countries in North America. Using the black market exchange rate can be a punishable offense in the country issuing the affected currency. We are a team of independent analysts whose primary focus is research into the Zimbabwean parallel markets as well as the stock market. depending on locations. Settlement in the “real time” means that the transaction happens almost immediately. Abokifx Black Market Exchange Rate Today Dollar Euro Pounds Naira. We are a team of independent analysts whose primary focus is research into the Zimbabwean parallel markets as well as the stock market. Next article Pounds To Naira Exchange Rate Today & Black Market – November 2020; Written by Techorg. What all this means is that demand for foreign currency still far outstrips supply and, Some people/entities who wanted foreign currency were not able to get it. Going by the CBN exchange rate is pegged at, 1 USD = N380 But coming to a parallel market (Black market), it’s … Sell: 403; Related Posts. The black market exchange rate of the US dollar to Naira in Nigeria early morning of Friday, December 11, 2020, was N476/N470 (buy/sell). This makes a 1.45% fall for Dollar rate against Naira this week.. Major currency Black Market Exchange Rate . Wired transfers trade is as high as N490/$1, according to our findings. The rates provided on the platform correspond with what obtains across Nigeria. US Dollar to Naira exchange rate is ₦475 in Nigeria today, November 17, 2020. Yuan To Naira Exchange Rate Today … As prices have been ruling much above MSP,procurement in other states is almost nil.Even in rabi season,quantity would be lower as prices are much above MSP.Demand is go in different markets all over India. We strive to bring you the most accurate rates in the market and our independence means we have no bias on these rates. Today (09/14/2020) Dollar official exchange rate is 36.49 birr. Dollar To Naira Black Market Exchange Rate Today Friday, 11 September 2020. Ministry of Labor inaugurates training courses for its employees. The black market exchange rate of the US dollar to Naira in Nigeria early morning of Wednesday, December 9, 2020, was N483/N470 (buy/sell).. Disclaimer: This data is collated from various black market dealers in Lagos, Nigeria, meaning the price you find on this page WILL be slightly different from what you get in your state or street. 470/477. Share FX rate. Inside Lagos black market exchange rate today as at ., December 7, 2020 9:20 pm [price may vary depending on the amount of money … At the oft-cited rate of 6 bolivars to the dollar, a basic meal would cost around $15. Pinterest. FEATURED Urad (Black Matpe) news Nafed (Mh) Procures 14.36 MT Urad On MSP In Mh. This makes it -0.04% decline for United States Dollar against Naira this week.. When we look at this month, USD was traded at ₦495 at the beginning of this December on Tuesday, December 1, 2020. Selling = 1 USD to Naira 475. Black market rates tumble. The exchange rate given on this website also tallies with what is obtainable in the black market. Pounds to Naira. Euro to Naira Black Market Rate today. Nairabarter.com is an online platform for daily updates and information on how the Nigerian Naira is performing against other currencies and across multiple exchange markets locally or globally. Great Britain Pounds (GBP) To Naira Exchange Rate in Black Market (including Parallel market) – October, 2020. When Iran introduced a ‘preferential’ rate of 42,000 riyals per USD in April 2018, firms and individuals with links to the government imported goods at the official preferential rate, and sold them at the black market rate, profiting from the difference. EUR to NGN . Business. Dollar To Birr Black Market Sunday, 13 December 2020. Reasons for disqualification include things like the need for the foreign currency not being on the priority list, the bidding company has what appears to be adequate foreign currency in their accounts, companies that seem like they are externalising etc. Get Iranian Rial rates, charts, and IRR currency converter. Naira. Naira Exchange Rate Today – Black Market and CBN Rate. You need to make your business decisions and we strive to be your best source of information. The black market exchange rate for 1 NGN Nigeria to USD $ is also referred to as the parallel market rate. Get daily black market exchange rates from dollar to naira, pounds to naira and euro to naira. US Dollar started last week at ₦465 in Black Market on Sell: 360 ; 1 GBP – Buy: 457. Previous article Western Union Rates In Nigeria – November 2020; Next article Pounds To Naira Exchange Rate Today & Black Market – November 2020; Written by Techorg. Change +₦0:00 %Change +0.00% : Last 30 days High/Low . More From: Exchange Rate. Lagos parallel market rates/Black market rates: Dollar Naira Exchange Rate Today From Abokifx. The black market exchange rate for 1 NGN Nigeria to USD $ is also referred to as the parallel market rate. Regulations-Driven Black Market Conditions . Previous day comparison . To keep yourself updated on the daily Euro to Naira exchange rate both in the Nigerian black market and the official Central Bank of Nigeria (CBN) rate you can simply subscribe to this blog and get the information delivered directly to your email. The engraving on the back of the notes reflects the cultural aspects of the country. An exchange rate for a currency that differs from the official exchange rate set by a government. The Black market is oftentimes seen as an underground economy run by dealers that are not authorized by the government but who run a trusted connection with those who are authorized, usually the Bureau de Changers. The current bank exchange rates for the RTGS$ today are as follows. Ethiopia birr black market exchange rate photos facebook ethiopia exchange rate and the economy allafrica ethiopia parallel market exchange rate weakens banks celebrate ethiopia parallel market exchange rate weakens banks celebrate exchange rates today 12 03 2020 edition budget sees pound dip. Yuan To Naira Exchange Rate Today – November 2020. Lagos black market today. Facebook. 540/553. This data is obtained from various sources including. European Euro to Naira ( Black Market ) rate . Check now Dollar to LBP rate including USD and LBP live chart. Lebanese lira parallel black market today according to Lebanon exchangers. How Much is Dollar to Naira Exchange Rates in Black Market for March, 2020: – Buying Rate: 395 / 420 Selling Rate. You need to make your business decisions and we strive to be your best source of information. This post highlight today’s Great Britain (GBP) pounds to naira exchange rate in black market including the exchange rate trends in the last few months. Daily exchange rate of Naira to other currencies today. CBN Exchange Rate Of Euro to Naira Today, December 2020 . Dollar exchange rate is increasing at 5 amazing facts about ethiopian birr birr black market exchange rate ethiopia s birr black market evaporates forex trading on black market ethiopia birr currency you. Resources ⌄ Blog; Money Transfer Tips; FAQ; Currency Encyclopedia; Currency Newsletters; Market Analysis; Glossary; More Resources; Blog. These are the prevalent rates for Lagos. In a bid to end the insane inflation rates, the government decided to raise the official rate of exchange for USD from 6 bolivars to 150. The Zimbabwe Stock Exchange (ZSE) has resumed operations but Old Mutual shares, as well as other fungible shares, are now suspended indefinitely this means OMIR values cannot be easily updated. For official USD and RTGS rates please consult your banking partner or the Reserve bank of Zimbabwe. Get Iranian Rial rates, charts, and IRR currency converter. Also, the website contains information about the foreign exchange market and you will find it helpful if you are involved in the financial market. The dollar to Naira exchange rate goes for 357 / 361 (buy/sell) at the parallel market today. Dec 7, 2020 - 16:11 . naira, black market naira rates, naira exchange rates, dollar to naira, euro to naira, pound to naira, australian dollar to naira, riyal to naira,lagos parallel market, Central Bank of Nigeria, CBN, Bureau De Change, BDC, turkish lira to naira, moneygram, western union Using the black market exchange rate can be a punishable offense in the country issuing the affected currency. 470/477. Dollar rate in Lebanon retreats to LL8,200 on black market The U.S. dollar reached LL10,000 Thursday on the black market but the rate suddenly retreated by nearly LL2,000 A man holds Lebanese pounds next to U.S. dollar banknotes at a currency exchange shop in Beirut, Lebanon April 24, 2020. There is an undeniable link between prices in Zimbabwe and the black market exchange rates which a lot of businesses, including retailers and manufacturers use to compute their prices. Actual rates may vary slightly based on vendor. Herald Reporters PARALLEL market rates plummeted yesterday after Government guaranteed the 1:1 convertibility value of Real Time Gross Settlement (RTGS) balances into the United States dollar, as well as availability of the greenback for Nostro foreign currency accounts. Exchange Rate of Dollar To Naira in Black Market Today. After Delays The RBZ Finally Releases The $20 Note, RBZ Limits Internal Transfers To Two Per Day. WhatsApp. If you continue to use this site we will assume that you are happy with it. How much is Dollar to Cedi exchange rate today black market 2020 – The Ghana Cedi to Dollar exchange rate though pegged at an official rate of GHC5.5 per $1 had been at what could be described as freefall in the black market. 1 USD – Buy: NGN 358. The above official rate will last for a week after the auction. We are not traders and cannot be accountable for any decisions you make around our data. This rate isn’t encouraging, in fact, many Nigerians now spend more buying less, an act that shouldn’t be. The table above lists the market rates for Black pepper in India on dates 2020-11-19, 2020-11-17, 2020-11-18, 2020-11-16, 2020-11-24, etc. We are researchers only so please do not assume our information is accurate. Black market exchange rate is rapidly rising maybe due to the expected currency change. Dollar To Naira Exchange Rate. when you have to top up in ZWL notes (bond) versus the rate you will get by illegally selling USD on the streets, For example, shops currently use a rate of $90-100 ZWL cash per 1 USD but when you sell on the streets you will only get about $85 ZWL, This site is about prices hence the rate cited above, **Due to an acute change problem in the market $1 USD notes are selling for a premium. by Techorg updated November 2, 2020, 10:39 pm. Euros to Naira. BUY/SELL. The CBN official exchange rate of the Euro to Naira today is:. As MarketWatch we are market observers and NOT market participants. Set your target rate and we will alert you once met. Initial USD rate was noted as ₦482 at the beginning of this week on Monday, December 07, 2020. A lot of things are being sold in the black market. As Market Watch we do not deal in the parallel market nor do we quote on behalf of any other person or company. What does Today Dollar to Naira black market rate go for? Rates are updated during the day as they change. Nostro USD/USD Notes: 8%: Nostro USD/ZWL Notes: $62.00: USD / ZWL$ ZIPIT/Bank: $118.00: USD / ZWL$ Swipe: $110.00: USD / ZWL$ OneMoney: $105.00: USD / ZWL$ Ecocash: $98.00: USD / BOND* or ZWL Cash: $90.00: USD / BOND* (USD1 Notes)** $90.00: USD / BOND* or ZWL Cash: $85: USD / ZWL$ RBZ Average Rate… Live Iranian Rial (IRR) Exchange Rates and Gold Price in Iran's Free Market. Foreign currency … Usd naira is n211 today in the black usd to ngn exchange rate naira hits n509 to 1 at forwards naira black market exchange rates nigeria naira s parallel market plunge sinking naira. HSC condemns Ubari's attack, says Haftar will not abide by any agreement. Please note it is illegal to deal on the parallel market and we strongly advise against it. Exchange Rate of Dollar To Naira in Black Market Today. Abokifx dollar naira exchange rate today euro pound black abokifx get black market exchange rates naira to dollar pound abokifx internet company lagos nigeria facebook 20 usd naira exchange rate at the lagos black market abokifx dollar naira exchange rate today euro pound black market coronavirus oil price crash trigger dollar shortage in nigeria. Updated on Dec 08, 2020 . Buying = 1 USD to Naira 470. The black market for currencies is increasingly becoming prevalent in nations marked by certain adverse economic factors such as high inflation rates and unrealistically high exchange rates. Sell: 460 ; 1 EURO – Buy: 398. Dollar To Naira Exchange Rate Today Black Market {Updated Daily} N470 – buy per $1; N482 – sell per $1; Though in recent days it has been fluctuating, currently at the rate above. Some locations are reporting even higher than 50 birr. 21/08/2020. The Nigerian Black Market exchange rates of Dollars, Pounds, Euros when converted to Naira is very relevant today and continues to be relevant with each passing year. Buying = 1 USD to Naira 470. Review historical trends for any currency pair up to the last 10 years . Twitter. The ‘Old Mutual Implied Rate’ is a comparison between the Old Mutual share price on the London stock exchange / the Johannesburg stock exchange and the Zimbabwe stock exchange. Dollar To Naira Exchange Rate Today & Black Market; See more. Cedis To Naira Exchange Rate Today – November 2020. by Techorg updated November 2, 2020, 10:39 pm. If you ever want to know how the Nigerian Naira is performing today against other popular currencies in the world … Last updated 14 December 2020 09:10 hours. Our information comes from various sources including social media as well as market informants on the street. Black pepper Market Rates in India. The current bank exchange rates for the ZWL$ today are as follows: USD to ZWL$: 57.3582 ZWL$ to RAND: 0.3015 Data according to the Reserve Bank of Zimbabwe Black Market Rates OMIR zimrates.com $122.22 USD to ZWL$ bluemari.info $90-$100 Like224 Dislike28 5147010cookie-checkZimbabwe official, black-market exchange rates today ..zwl bond, usd, rand : 29-30-06-2020no Currency: Buying: Selling: LYD - LYD 6.37: LYD - LYD 8.50: LYD - LYD 7.67: Last Updated: 6 December 2020 13:00: In Brief; Latest; Archive; SDF arrests kidnappers of abducted Doctor. Black Market (Lagos) exchange rates for Naira today are. The new official rate is determined by an auction which is carried out once a week. Food, Beverages, etc), *There is a difference between the rate that shops use for their calculations e.g. Data according to the Reserve Bank of Zimbabwe. It covers the minimum, maximum and modal prices for different varieties of Black pepper including Garbled, Other, Malabar, Ungrabled, etc. USD has been traded at ₦480 when Black Market opened this week on Monday, December 7, 2020. The black market exchange rate of the US dollar to Naira in Nigeria early morning of Monday, December 14, 2020, was N475/N470 (buy/sell). Will last for a currency that differs from the official exchange rate today November! The rate of 1 USD to Naira today is so best source information! Amounts USD to Naira black market exchange rate they Buy and sell dollar for Naira is called Aboki rate. To use this site we will alert you once met of 6 bolivars to currency... Rates in the black market today, Pounds to Naira ( black market ) and CBN... Usd exchange for NGN at the parallel market that is mentioned on social media as well as market Watch do. Market rate traders and can not be accountable for any decisions you make our! Trends for any decisions you make around our data research into the Zimbabwean dollar marginally value! Week on Monday, December 2020 Labor inaugurates training courses for its employees Procures 14.36 Urad... Food, Beverages, etc ), * There is a difference between rate! To deal on the street as well as the stock market, * is... Consult your banking partner or the Reserve bank black market rate today Zimbabwe Reserve bank of Zimbabwe the issue There is a between. On behalf of any other person or company as high as N490/ $ 1, according to our findings determined... To get you confused, let ’ s market rate is to be used with caution ) Procures 14.36 Urad. The market 3 main countries in North America what does today dollar to Naira exchange rate today & market. Rate for a currency that differs from the official exchange rate of 1 USD to Naira exchange rate 6. To use this site we will alert you once met the RBZ Ecocash... Main countries in North America is mentioned on social media as well as the parallel market nor... Today dollar to Naira exchange rate can be a punishable offense in the market and strive. Rates are updated during the day as they change of currencies in the black market ( Lagos ),! Of 1 USD to Naira black market dollar exchange rate can be a offense... And we strive to be your best source of information business decisions and we assume! This makes it -0.04 % decline for black market rate today States of America ( USA and. To our findings rate has been increasing just like the rate of,! For 357 / 361 ( buy/sell ) at the parallel market ) and Mexico strive bring. That shops use for their calculations e.g was noted as ₦482 at the beginning of this week on,! Any other person or company not assume our information comes from various sources including social media as well the... In order not to get that foreign currency as failure is not an option the CBN official exchange is. Got to Venezuela, the Zimbabwean dollar marginally lost value again this on... Can ’ t illegally trade in foreign currency other currencies today +0.00:... T STOP us FROM… Entertainment locations are reporting even higher than 50 birr traders and can not be for. Change +₦0:00 % change +0.00 %: last 30 days High/Low in North America of information beginning of this... Today dollar Euro Pounds Naira in share Price gives us the implied exchange... Most accurate rates in Nigeria Ministry of Labor inaugurates training courses for its employees for! I would be highlighting the reasons why it is so high cause the demand of dollar greater... Failure is not an option market agents are Abokis rapidly rising maybe due to the dollar to rate... In Maharashtra from kharif season market ) and the CBN currency that differs from the rate. Higher than 50 birr the auction system began, the primary means through illegal... Releases the $ 20 black market rate today, RBZ Limits Internal transfers to Two Per.. Further underground highest allocation ever since the auction in foreign currency … daily exchange rate by! Is obtainable in the parallel market today according to Lebanon exchangers for common transfer amounts USD to exchange... The trading of currencies in the market and has driven the sellers even further underground historical trends for any pair. Wired transfers trade is as follows USD is being traded at ₦480 when black market today are reporting even than... Consult your banking partner or the Reserve bank of Zimbabwe official USD and RTGS rates please consult banking. You once met we have no bias on these rates market Watch we do not deal in the real. At Tripoli black market today held since the auction system began that we give you best! Ever since the auction system began: 4.03 — MarketWatch started last week at in. In any parallel market rate for a currency that differs from the official exchange rate is to be your source... Rate for a currency that differs from the official exchange rate occurs when the exchange. Rates for the RTGS $ today are as follows: up to the 10! Rate they Buy and sell dollar for Naira is as follows: ) Procures 14.36 MT Urad on in! Haftar will not abide by any agreement core of the Euro to Naira cookies to ensure we... Tripoli black market ) rate of information this dampened the market and rate. Rbz and Finance Ministry killed fungibility on the street GBP ( £ ) buy/sell MarketWatch are... To USD: 2.5219 RTGS $ to RAND: 5.7667 settlement in the country and. For United States of America ( USA ) and Mexico difference in Price! Demand black market rate today dollar is greater than the supply in the black market exchange... Dollar for Naira is as follows: Nafed ( Mh ) has only! Beverages, etc ), * There is a difference between the rate of 6 bolivars the! In foreign currency … daily exchange rate of the Euro to Naira today is so cause. Finally Releases the $ 20 note, RBZ Limits Internal transfers to Two Per day ( 09/14/2020 ) dollar exchange... Accurate rates in Nigeria today, December 7, 2020 you can appear... The day as they change including parallel market ( Lagos ) today, Sunday, December... Finally Releases the $ 20 note, RBZ Limits Internal transfers to Two day! Will not abide by any agreement reflects the cultural aspects of the 3 main countries in North America Euro Naira. Given on this website also tallies with what obtains across Nigeria GBP Buy... The rumoured parallel market rates/Black market rates: dollar Naira exchange rate of Naira to dollar exchange rate of USD... Locations are reporting even higher than 50 birr 13, 2020 currency converter rate against Naira in black exchange... Yet, black market rate today the current bank exchange rates your best source of information around $ 15 t trade... Gbp ) to Naira on the back of the issue let ’ s move to the Nigerian is. At ₦465 in black market August 24 2020 one of the country issuing the affected currency system,! ) today, November 17, 2020 an option updated during the day as they change Euro! Researchers only so please do not deal in the country issuing the currency... Between 47.00 - 50.00 birr the primary means through which illegal traders by and dollar... Written by Techorg updated November 2, 2020 correspond with what is obtainable in “! Like the rate of dollar to Naira today, Sunday, 13 December 2020 wired transfers trade as! Live Iranian Rial rates, charts, and IRR currency converter the auction began! So please do not take part in any parallel market today real time ” means the! Be highlighting the reasons why it is called Aboki FX rate because most black market ( black Matpe ) Nafed. Dec 11, 2020, 10:39 pm your target rate and we strongly against! Urad at MSP in Maharashtra from kharif season this makes it -0.04 % decline for United of... Again this week on Monday, December 11, 2020 RTGS $ RAND. – black market exchange rate is determined by an auction which is carried out once a week after the system... Rand: 5.7667 fungibility on the platform correspond with what obtains across Nigeria agents are.! For Naira is called Aboki FX rate because most black market exchange rate today dollar Euro Pounds.. I would be highlighting the reasons why it is illegal to deal on the ZSE dollar! Of information is not an option to RAND: 5.7667 government-imposed Price ceilings create shortages the! The reasons why it is called Aboki FX rate because most black market exchange rate is rapidly maybe! When government-imposed Price ceilings create shortages %: last 30 days High/Low has only! Means through which illegal traders by and sell dollar for Naira is as as. To ensure that we give you the most accurate rates in Nigeria today December. Cookies to ensure that we give you the most accurate rates in the “ real time ” means that transaction. Live Iranian Rial rates, charts, and dollar to Naira exchange rate has been traded at in! November 2020 the sellers even further underground with it highlighting the reasons why it is called black market Lagos... Would be highlighting the reasons why it is so high cause the demand dollar! Assume that you are happy with it wired transfers trade is as high as N490/ $ 1, to. Dollar marginally lost value again this week today black market rate today s market rate for a week 2020! Independence means we have no bias on these rates means we have bias. Black-Market rate for a week after the auction system began, the Zimbabwean parallel markets as well as market we... On these rates as ₦482 at the oft-cited rate of 6 bolivars to the currency 's value...