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Black Market Dollar to Naira Today

Keeping up-to-date with the latest black market dollar to naira today exchange rate is very important in the ever-changing currency exchange landscape, benefiting both individuals and businesses. The black market exchange rate typically provides better terms for dollar transactions than the CBN rate, attracting skilled players like Bureau De Change (BDC) Operators or Abokis. Do you know what it means to buy or sell dollar?

What is buying and selling dollar?

Buying dollar means that you are obtaining dollar currency in exchange for naira currency, whereas selling dollar entails that you are giving out dollar currency in exchange for naira currency. You can do any of the above mentioned transactions in the black market or in the bank. Understanding these principles is crucial for efficiently navigating the dollar to naira currency exchange environment. Let us tackle the main concern of this page: black market dollar to naira today.

Black Market Dollar to Naira Today

Here is black market dollar to naira today exchange rate. This is the rate Aboki/Bureau De Change (BDC) operators are buying and selling the United States dollar currently in Lagos, Abuja, Kano, and Onitsha. There might be slight variation at different parallel market (Black Market).

  • Buying Rate: $1 to ₦1,560
  • Selling Rate: $1 to ₦1,570

NOTICE: Please note that the Central Bank of Nigeria (CBN) does not recognize the black market (parallel market), as it has directed individuals who want to engage in Forex to approach their respective banks.

Black Market Dollar to Naira Rate for Past 7 Days

Below are the black market dollar to naira exchange rate for the past 7 days. These are the rates Aboki/Bureau De Change (BDC) operators have been buying and selling the United States dollar currently in Lagos, Abuja, Kano, and Onitsha for the past 7 days. There might be slight variation at different parallel market (black market).

  • July 23, 2024 : $1 to ₦1,560
  • July 22, 2024: $1 to ₦1,560
  • July 21, 2024 : $1 to ₦1,560
  • July 20, 2024 : $1 to ₦1,560
  • July 19, 2024 : $1 to ₦1,560
  • July 18, 2024 : $1 to ₦1,620
  • July 17, 2024 : $1 to ₦1,615

Dollar to Naira Today

Analyzing the underground market rates for different currency denominations involves multiplying the denomination in dollars by the selling rate of ₦1,560 to ascertain its value in Naira.

Dollar to Naira ($ to ₦) Black Market Exchange Rate Today
1 dollar to naira ₦1,560
4 dollar to naira ₦1,560 x 4
5 dollar to naira ₦1,560 x 5
10 dollar to naira ₦1,560 x 10
12 dollar to naira ₦1,560 x 12
15 dollar to naira ₦1,560 x 15
20 dollar to naira ₦1,560 x 20
25 dollar to naira ₦1,560 x 25
30 dollar to naira ₦1,560 x 30
35 dollar to naira ₦1,560 x 35
40 dollar to naira ₦1,560 x 40
50 dollar to naira ₦1,560 x 50
60 dollar to naira ₦1,560 x 60
70 dollar to naira ₦1,560 x 70
75 dollar to naira ₦1,560 x 75
80 dollar to naira ₦1,560 x 80
100 dollar to naira ₦1,560 x 100
120 dollar to naira ₦1,560 x 120
150 dollar to naira ₦1,560 x 150
200 dollar to naira ₦1,560 x 200
250 dollar to naira ₦1,560 x 250
300 dollar to naira ₦1,560 x 300
350 dollar to naira ₦1,560 x 350
400 dollar to naira ₦1,560 x 400
450 dollar to naira ₦1,560 x 450
500 dollar to naira ₦1,560 x 500
600 dollar to naira ₦1,560 x 600
700 dollar to naira ₦1,560 x 700
750 dollar to naira ₦1,560 x 750
800 dollar to naira ₦1,560 x 800
900 dollar to naira ₦1,560 x 900
1000 dollar to naira ₦1,560 x 1000
1200 dollar to naira ₦1,560 x 1200
1300 dollar to naira ₦1,560 x 1300
1400 dollar to naira ₦1,560 x 1400
1500 dollar to naira ₦1,560 x 1500
1600 dollar to naira ₦1,560 x 1600
1700 dollar to naira ₦1,560 x 1700
1800 dollar to naira ₦1,560 x 1800
2000 dollar to naira ₦1,560 x 2000
2500 dollar to naira ₦1,560 x 2,500
3000 dollar to naira ₦1,560 x 3,000
3500 dollar to naira ₦1,560 x 3,500
4000 dollar to naira ₦1,560 x 4,000
4500 dollar to naira ₦1,560 x 4,500
5000 dollar to naira ₦1,560 x 5,000
6000 dollar to naira ₦1,560 x 6,000
7000 dollar to naira ₦1,560 x 7,000
7500 dollar to naira ₦1,560 x 7,500
8000 dollar to naira ₦1,560 x 8,000
9000 dollar to naira ₦1,560 x 9,000
10000 dollar to naira ₦1,560 x 10,000
11000 dollar to naira ₦1,560 x 11,000
12000 dollar to naira ₦1,560 x 12,000
14000 dollar to naira ₦1,560 x 14,000
15000 dollar to naira ₦1,560 x 15,000
20000 dollar to naira ₦1,560 x 20,000
25000 dollar to naira ₦1,560 x 25,000
30000 dollar to naira ₦1,560 x 30,000
40000 dollar to naira ₦1,560 x 40,000
50000 dollar to naira ₦1,560 x 50,000
100000 dollar to naira ₦1,560 x 100,000
1 million dollar to naira ₦1,560 x 1,000,000

1 Dollar to Naira in Black Market

Regarding Dollar conversion, it matters to know how much 1 Dollar is worth in Naira in the black market. However, 1 Dollar to Naira in black market today is ₦1,560. This is the exchange rate in the black market (parallel market) according to Bureau De Change officials in Lagos, Abuja, Kano, and Onitsha.

10 Dollar to Naira in Black Market

Considering the Dollar to Naira black market exchange rate today, how much is 10 Dollars in Naira? 10 Dollar to Naira in black market today is ₦15,600 which is the outcome of multiplying ₦1,560 by 10. This is the exchange rate in the black market (parallel market) according to Bureau De Change officials in Lagos, Abuja, Kano, and Onitsha.

50 Dollar to Naira in Black Market

Considering the Dollar to Naira black market exchange rate today, how much is 50 Dollars in Naira? 50 Dollar to Naira in black market today is ₦78,000 which is the outcome of multiplying ₦1,560 by 50. This is the exchange rate in the black market (parallel market) according to Bureau De Change officials in Lagos, Abuja, Kano, and Onitsha.

100 Dollar to Naira in Black Market

Considering the Dollar to Naira black market exchange rate today, how much is 100 Dollars in Naira? 100 Dollar to Naira in black market today is ₦156,000 which is the outcome of multiplying ₦1,560 by 100. This is the exchange rate in the black market (parallel market) according to Bureau De Change officials in Lagos, Abuja, Kano, and Onitsha.

Stay tuned to Nigerianews247.com for unparalleled insights into Dollar to Naira Black Market exchange rates and market trends, empowering you to make informed decisions in your financial endeavors.

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