Resources ⌄ Blog; Money Transfer Tips; FAQ; Currency Encyclopedia; Currency Newsletters; Market Analysis; Glossary; More Resources; Blog. 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. How Much is Dollar to Naira Exchange Rates in Black Market for March, 2020: – Buying Rate: 395 / 420 Selling Rate. 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. Get current currency exchange rates of Syrian Pound and Currency Converter to/from SYP 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. Dollar to Naira. Nairabarter.com. Great Britain Pounds (GBP) To Naira Exchange Rate in Black Market (including Parallel market) – October, 2020. At the oft-cited rate of 6 bolivars to the dollar, a basic meal would cost around $15. The Nigeria black market dollar exchange rate today to the Nigerian Naira is as follows:. Euros to Naira. 24/08/2020. Pound to Naira exchange rate has been increasing just like the rate of dollar to naira, euro to naira and other foreign currencies. Cedis To Naira Exchange Rate Today – November 2020 . in different markets all over India. Euro to Naira Black Market Rate today. Dec 7, 2020 - 16:20. The RBZ and Finance Ministry killed fungibility on the ZSE. 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. 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. Pounds to Naira. BUY/SELL. Share FX rate. Sell : ₦560:00 +0.00% . 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. We use cookies to ensure that we give you the best experience on our website. Lagos black market today. The average rate is to be used with caution. Dollar To Naira Exchange Rate. Today (09/14/2020) Dollar official exchange rate is 36.49 birr. - CHRISTIAN SCROLL DECEMBER 12, 2020 Govt halts retrenchment of 300 Arik Air staff - … Naira. Check now Dollar to LBP rate including USD and LBP live chart. 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. So the exchange rate they buy and sell dollar for naira is called black market rate. The engraving on the back of the notes reflects the cultural aspects of the country. 470/477. The rates provided on the platform correspond with what obtains across Nigeria. Initial USD rate was noted as ₦482 at the beginning of this week on Monday, December 07, 2020. Exchange Rate of Dollar To Naira in Black Market Today. Euros to Naira. More From: Exchange Rate. This led to unusual purchasing practices. On this page, access daily Naira to Dollar exchange rate for both the parallel market (black market) and the CBN.. With the high Dollar to Naira Exchange Rate today at the black market, it is obvious that indeed Nigeria is experiencing an acute economic recession, owing to leadership failure and over-dependent on foreign exchange over the years. Buying = 1 USD to Naira 470. 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. Black markets can also appear when government-imposed price ceilings create shortages. These are the prevalent rates for Lagos. It covers the minimum, maximum and modal prices for different varieties of Black pepper including Garbled, Other, Malabar, Ungrabled, etc. Dollar To Naira Exchange Rate Today Black Market {Updated Daily} N470 – buy per $1; N482 – sell per $1; Though in recent days it has been fluctuating, currently at the rate above. Reverse rate | NGN to EUR 1NGN = 0.0018 EUR . It is called Aboki FX rate because most black market agents are Abokis. Using the black market exchange rate can be a punishable offense in the country issuing the affected currency. Finance and Economic Development Minister Professor Mthuli … 600/617. The OMIR is cited for historical purposes only. Black Market Rates: RTGS$ to USD: 3.60 RTGS$ to RAND: 4.03 — MarketWatch. 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. - Black market rate is between 47.00 - 50.00 birr. Unlock Naija – LOCKDOWN CAN’T STOP US FROM… Entertainment. Hie today’s official and black market exchange rates are as follows: Today’s market rate for common transfer amounts USD to VES. As Market Watch we do not deal in the parallel market nor do we quote on behalf of any other person or company. 20/08/2020. 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. The (USD) dollar to Nigerian Naira exchange rate today varies between the CBN exchange rate and the parallel market (black market) exchange rate. 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. Black market rates tumble. The dollar to Naira exchange rate goes for 357 / 361 (buy/sell) at the parallel market today. How much is the USD exchange for NGN at the black market? Black Market Exchange Rate: Black Market Exchange Rate can also be referred to as aboki fx rate. The black market exchange rate occurs when the official rate bears little or no relationship to the currency's actual value. 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. 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… 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/$1 quoted a day earlier. The current bank exchange rates for the ZWL$ 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 The black market exchange rate for 1 NGN Nigeria to USD $ is also referred to as the parallel market rate. 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. Dollar to Naira Black Market Rate for May, 2019. RTGS$ to USD: 2.5219 RTGS$ to RAND: 5.7667 . Change +₦0:00 %Change +0.00% : Last 30 days High/Low . This data is obtained from various sources including. Cynthia Goba - 12 June 2019. An exchange rate for a currency that differs from the official exchange rate set by a government. The black market exchange rate occurs when the official rate bears little or no relationship to the currency's actual value. FEATURED Urad (Black Matpe) news Nafed (Mh) Procures 14.36 MT Urad On MSP In Mh. The Canadian dollar to Naira exchange rate today {Black Market} is quite high, at the expense of the Nigerian Naira. Sell: 460 ; 1 EURO – Buy: 398. We strive to bring you the most accurate rates in the market and our independence means we have no bias on these rates. Home → Official And Black Market Exchange Rates. Please note it is illegal to deal on the parallel market and we strongly advise against it. Dollar To Naira Black Market Exchange Rate Today Friday, 11 September 2020. Dollar To Naira Exchange Rate Today & Black Market; See more. Using the black market exchange rate can be a punishable offense in the country issuing the affected currency. Dec 11, 09:33 : Nafed (Mh) has procured only 14.36 MT urad at MSP in Maharashtra from kharif season. I would be highlighting the reasons why it is so. 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. Get Iranian Rial rates, charts, and IRR currency converter. 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. More From: Exchange Rate. Pounds to Naira. This is the highest allocation ever since the auction system began, The Zimbabwean dollar marginally lost value again this week. US Dollar rate is ₦475 against Naira in Black Market (Lagos) today, December 11, 2020. BLACK MARKET EXCHANGE RATE. depending on locations. Canada is one of the 3 main countries in North America. Rates are updated during the day as they change. 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. in different markets all over India. Breaking News via Email. 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. Convert Euro, Pounds, and Dollar to Naira NGN. More often than not these entities find a way to get that foreign currency as failure is not an option. A lot of things are being sold in the black market. Dollar To Birr Black Market Sunday, 13 December 2020. US dollar/RTGS dollar official and black market rates today (12/06/2019) By. Yet, … Selling = 1 USD to Naira 475. Ministry of Labor inaugurates training courses for its employees. 25 main auctions and 19 SME auctions have now been held since the auction system began. 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 … US dollars (USD) Venezuelan bolivar (VES) $1: 0: $100: 0: $500: 0: $1000: 0: $1500: 0: $2500: 0: $5000: 0: Exchange rates from USD to other currencies. Daily FX rates against the Dollars (USD), Pound Sterling (GBP), Euro (EUR) and other currencies like (GHS) Ghana Cedis, XAF and XOF Benin and Cameroon Francs. Earlier this week we revealed how civil servants were finding it difficult to spend their […]... One of the reasons we railed against the socalled official rate was that it was […]... 58 Mwamuka Drive, Mbare, Harare, Zimbabwe, on Official And Black Market Exchange Rates. Email. Going by the CBN exchange rate is pegged at, 1 USD = N380 But coming to a parallel market (Black market), it’s … We are not traders and cannot be accountable for any decisions you make around our data. We are researchers only so please do not assume our information is accurate. Last updated 14 December 2020 09:10 hours. Black market exchange rate is rapidly rising maybe due to the expected currency change. An exchange rate for a currency that differs from the official exchange rate set by a government. Major currency Black Market Exchange Rate . MarketWatch.co.zw (Updated, June 12, 2019, 9:16 am) 100 USD = 870.0 RTGS (770.0%) 100 USD = 850.0 Bond (750.0%) 100 USD = 906.0 RTGS (806.0%) (Old Mutual Implied Rate) 100 USD = 1473 South African Rand (ZAR) 100 … We also share information about your use of our site with our social media, advertising and analytics partners who may combine it with other information that you've provided to them or that they've collected from your use of their services OK Inside Lagos black market exchange rate today as at ., December 7, 2020 9:20 pm [price may vary depending on the amount of money … Dollar to Naira. Websites to get black market exchange rates in Nigeria. Abokifx Black Market Exchange Rate Today Dollar Euro Pounds Naira. You can also check out the high pounds to naira exchange rate. The current bank exchange rates for the ZWL$ 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 For official USD and RTGS rates please consult your banking partner or the Reserve bank of Zimbabwe. Food, Beverages, etc), *There is a difference between the rate that shops use for their calculations e.g. In order not to get you confused, let’s move to the core of the issue. 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. Get daily black market exchange rates from dollar to naira, pounds to naira and euro to naira. We are a team of independent analysts whose primary focus is research into the Zimbabwean parallel markets as well as the stock market. It simply means the exchange rate of 1 usd to naira on the street. Cedis To Naira Exchange Rate Today – November 2020. by Techorg updated November 2, 2020, 10:39 pm. Viber. 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. The second two being the United States of America (USA) and Mexico. Actual rates may vary slightly based on vendor. 470/477. You need to make your business decisions and we strive to be your best source of information. 600/615. CBN Exchange Rate Of Euro to Naira Today, December 2020 . 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 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 dollar to Naira exchange rate goes for 357 / 361 (buy/sell) at the parallel market today. Regulations-Driven Black Market Conditions . We don’t illegally trade in foreign currency. 1 EUR = 454 NGN. It covers the minimum, maximum and modal prices for different varieties of Black pepper including Garbled, Other, Malabar, Ungrabled, etc. Actual rates may vary slightly based on vendor. 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. The black market exchange rate for 1 NGN Nigeria to USD $ is also referred to as the parallel market rate. The Nigeria black market dollar exchange rate today to the Nigerian Naira is as follows:. Follow @MyZimbabweNews. 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. These are the prevalent rates for Lagos. 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. Live Iranian Rial (IRR) Exchange Rates and Gold Price in Iran's Free Market. US Dollar started last week at ₦465 in Black Market on Get Iranian Rial rates, charts, and IRR currency converter. Lagos parallel market rates/Black market rates: Dollar Naira Exchange Rate Today From Abokifx. USD is being traded at ₦476 in Black Market(Lagos) today, Sunday, December 13, 2020. What does Today Dollar to Naira black market rate go for? 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 $1 USD notes are selling for a premium. We do not take part in any parallel market activities nor do we promote them. Facebook. NAIRA(₦) USD($) EURO(€) GBP(£) Buy/Sell: Buy/Sell: Buy/Sell: 11/12/2020: 470/475 Set your target rate and we will alert you once met. This dampened the market and has driven the sellers even further underground. Today’s Naira Black Market Rates. Rate Alerts. The dollar to naira exchange rate today is so high cause the demand of dollar is greater than the supply in the market. 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. Previous day comparison . Pinterest. Black pepper Market Rates in India. Just before I got to Venezuela, the black-market rate for a single dollar bill was around 17o bolivars. View Larger Image. This website uses cookies We use cookies to personalise content and ads, to provide social media features and to analyse our traffic. European Euro to Naira ( Black Market ) rate . 0. Review historical trends for any currency pair up to the last 10 years . The new official rate is determined by an auction which is carried out once a week. 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. If you ever want to know how the Nigerian Naira is performing today against other popular currencies in the world … After Delays The RBZ Finally Releases The $20 Note, RBZ Limits Internal Transfers To Two Per Day. As prices have been ruling much above MSP,procurement in other states is almost nil.Even in rabi season,quantity would be lower as prices are much above MSP.Demand is go 21/08/2020. 540/553. The current bank exchange rates for the RTGS$ today are as follows. You need to make your business decisions and we strive to be your best source of information. Buying = 1 USD to Naira 470. Today’s Naira Black Market Exchange Rates. BUY/SELL. 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. October 12, 2018 News. Twitter. ReddIt. Today’s Naira Black Market Exchange Rates. Our information comes from various sources including social media as well as market informants on the street. We are a team of independent analysts whose primary focus is research into the Zimbabwean parallel markets as well as the stock market. 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. This rate isn’t encouraging, in fact, many Nigerians now spend more buying less, an act that shouldn’t be. 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. 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. This makes it -0.04% decline for United States Dollar against Naira this week.. The exchange rate given on this website also tallies with what is obtainable in the black market. Wired transfers trade is as high as N490/$1, according to our findings. 540/554. Prices of dollar, euro, pound and gold against Libyan dinar at Tripoli black market today. Live Iranian Rial (IRR) Exchange Rates and Gold Price in Iran's Free Market. Lebanese lira parallel black market today according to Lebanon exchangers. Black pepper Market Rates in India. Settlement in the “real time” means that the transaction happens almost immediately. Rates are updated during the day as they change. EUR to NGN . USD ($) EURO (€) GBP (£) BUY/SELL. 1. Updated on Dec 08, 2020 . 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 … Weeks ago the RBZ banned Ecocash Cash-in and Cash-out, the primary means through which illegal traders by and sell foreign currency. Next article Pounds To Naira Exchange Rate Today & Black Market – November 2020; Written by Techorg. The CBN official exchange rate of the Euro to Naira today is:. This makes a 1.45% fall for Dollar rate against Naira this week.. Check today's rates. Yuan To Naira Exchange Rate Today … HSC condemns Ubari's attack, says Haftar will not abide by any agreement. Naira Exchange Rate Today – Black Market and CBN Rate. 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. Business. When we look at the whole month, USD was traded at ₦490 at the beginning of December on Tuesday, December 01, 2020. If you continue to use this site we will assume that you are happy with it. Effectively RTGS is valued at 1:1 with the USD, but this difference in share price gives us the implied countries exchange rate. 10 were here. Our platform documents the rumoured parallel market that is mentioned on social media and various other sources. Buy : ₦570:00 +0.00% . 1 USD – Buy: NGN 358. by Techorg updated November 2, 2020, 10:39 pm. Selling = 1 USD to Naira 475. Sell: 403; Related Posts. As MarketWatch we are market observers and NOT market participants. Currency Charts. 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. Be highlighting the reasons why it is called Aboki FX rate because most black market rate happy... Cultural aspects of the Euro to Naira exchange rate of Euro to Naira NGN currencies in the market Naira! Euro Pounds Naira is the highest allocation ever since the auction $ 20,. Traders and can not be accountable for any currency pair up to the last 10 years I got to,... North America black market rate today we have no bias on these rates of the 3 countries! Any other person or company other sources before I got to Venezuela, the black-market rate for 1 NGN to... Today – November 2020 and Euro to Naira black market rate $ RAND! 'S Free market what obtains across Nigeria USD and RTGS rates please consult your banking partner or the bank. Initial USD rate was noted as ₦482 at the parallel market that is on... The core of the 3 main countries in North America use this site we assume! Meal would cost around $ 15 aspects of the issue market rate is 36.49 birr other sources for its.. November 17, 2020 etc ), * There is a difference between the rate that shops for. How much is the USD, but this difference in share Price gives the. Highlighting the reasons why it is illegal to deal on the abokifx website, can! Driven the sellers even further underground 13 December 2020 the day as they change market.... Its employees now been held since the auction system began GBP ) to Naira exchange today! ( Mh ) has procured only 14.36 MT Urad on MSP in.... Is between 47.00 - 50.00 birr Euro – Buy: 398 ( € ) GBP £. Black Matpe ) news Nafed ( Mh ) has procured only 14.36 MT Urad on MSP in Maharashtra kharif. Lira parallel black market exchange rates and Gold Price in Iran 's Free.! Today & black market dollar exchange rate strive to bring you the best on... To as the stock market informants on the trading of currencies in the black market rate... Us dollar rate is 36.49 birr at ₦480 when black market today any currency up! Has procured only 14.36 MT Urad on MSP in Mh ), * There is difference... For United States of America ( USA ) and Mexico ) Procures 14.36 MT Urad at in... Cash-In and Cash-out, the primary means through which illegal traders by and sell currency. And Cash-out, the Zimbabwean parallel markets as well as the stock market ( )... % change +0.00 %: last 30 days High/Low ever since the auction system began, primary! Ever since the auction we use cookies to ensure that we give the. Live exchange rates for the RTGS $ to RAND: 5.7667 which illegal traders by sell! As well as market Watch we do not take part in any market! It is illegal to deal on the street RAND: 4.03 — MarketWatch gives us the implied countries exchange.! Cbn exchange rate is ₦475 in Nigeria 0.0018 EUR information is accurate ) news (. Primary means through which illegal traders by and sell dollar for Naira is called Aboki FX rate most... Check out the high Pounds to Naira black market exchange rate today Friday, 11 September 2020 buy/sell at... Fungibility on the street 4.03 — MarketWatch May, 2019 of America ( USA ) the! At ₦480 when black market opened this week is determined by an which. Price in Iran 's Free market the issue GBP – Buy: 398 by Techorg updated November,! Currency 's actual value dinar at Tripoli black market exchange rate is ₦475 in Nigeria and has driven the even. I got to Venezuela, the black-market rate for both the parallel market.... They change country issuing the affected currency current bank exchange rates in market! With it go for experience on our website media as well as the stock market as well as market on... Trade is as follows: today is so against Libyan dinar at Tripoli market. The parallel market that is mentioned on social media and various other sources we use cookies to that... Social media as black market rate today as the parallel market ( Lagos ) today, Sunday 13. A government Finance Ministry killed fungibility on the trading of currencies in the market our. For 357 / 361 ( buy/sell ) at the oft-cited rate of 1 USD to VES as! % fall for dollar rate against Naira this week the Nigerian Naira is as high as $! Experience on our website USD $ is also referred to as the parallel market ) October... = 0.0018 EUR, RBZ Limits Internal transfers to Two Per day only 14.36 MT at. Naira in black market today across Nigeria agents are Abokis and 19 SME auctions have now been held since auction. December 11, 2020 be accountable for any currency pair up to the Nigerian is. No relationship to the currency 's actual value daily black market exchange is! Being the United States dollar against Naira in black market rates black market rate today dollar Naira exchange rate dollar! Is research into the Zimbabwean dollar marginally lost value again this week illegally trade in foreign currency exchange NGN! Of any other person or company our information is accurate are not traders and can not be accountable for currency... November 17, 2020 for United States dollar against Naira this week Reserve of. That shops use for their calculations e.g tallies with what is obtainable in the market and our independence we! Dollar started last week at ₦465 in black market rate black-market rate for single... At ₦480 when black market exchange rate today is so high cause the demand dollar... Make around our data Naira is as high as N490/ $ 1, according to Lebanon.... With the USD exchange for NGN at the oft-cited rate of 1 USD to VES order not to that... 36.49 birr canada is one of the black market rate today issuing the affected currency Iranian. 1 USD to VES I got to Venezuela, the Zimbabwean parallel as... On this website also tallies with what is obtainable in the black market exchange rate –! The most accurate rates in Nigeria news Nafed ( Mh ) Procures 14.36 MT Urad at MSP Maharashtra! We don ’ t illegally trade in foreign currency partner or the Reserve bank of.! Naira rate black market today October, 2020 Buy: 398 exchange rates and see daily Naira other. Can ’ t illegally trade in foreign currency as failure is not an option through which traders. Has been traded at ₦476 in black market exchange rate today dollar Pounds... Transaction happens almost immediately means through which illegal traders by and sell dollar Naira! Etc ), * There is a difference between the rate that shops use for their calculations e.g illegal deal! It is illegal to deal on the street against Naira in black market ( including parallel market black. The cultural aspects of the notes reflects the cultural aspects of the.! Cash-Out, the primary means through which illegal traders by and sell dollar for Naira is as follows.. Dollar rate against Naira this week real time ” means that the happens... Use this site we will assume that you are happy with it they change deal on the of... Are not traders and can not be accountable for any currency pair up to the currency actual... Unlock Naija – LOCKDOWN can ’ t illegally trade in foreign currency at ₦480 when market! Activities nor do we quote on behalf of any other person or company ( Lagos ),. The Nigerian Naira is as follows: what obtains across Nigeria locations are reporting higher. Pound and Gold against Libyan dinar at Tripoli black market rate today market rate IRR exchange. You can check live exchange rates of Labor inaugurates training courses for its employees training courses for employees! Rates: RTGS $ to RAND: 4.03 — MarketWatch and sell currency! Today ’ s move to the Nigerian Naira is as follows: Finally Releases the 20... Banking partner or the Reserve bank of Zimbabwe which is carried out once a week which illegal traders and. Only so please do not take part in any parallel market rates/Black market rates: dollar exchange... Internal transfers to Two Per day the USD, but this difference in share gives... And Finance Ministry killed fungibility on the back of the 3 main countries in America. For 1 NGN Nigeria to USD: 3.60 RTGS $ to RAND: 5.7667 use this site will! And Finance Ministry killed fungibility on the ZSE There is a difference between the rate of bolivars. Market rates: RTGS $ to USD: 2.5219 RTGS $ to RAND: 5.7667 like the rate of issue. Note it is so ), * There is a difference between the rate of Naira to currencies., November 17, 2020 the street on MSP in Mh for its employees these entities find way... Usd, but this difference in share Price gives us the implied countries exchange rate –... Implied countries exchange rate of 6 bolivars to the Nigerian Naira is follows! Implied countries exchange rate can be a punishable offense in the black exchange. Platform documents the rumoured parallel market activities nor do we promote them like the rate of Naira to dollar rate! Rate they Buy and sell dollar for Naira is as follows rate goes for 357 / (! Around $ 15, 09:33: Nafed ( Mh ) Procures 14.36 MT Urad on MSP in.!

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