Know the black market Dollar to Naira exchange rate for TODAY, below. You can swap your dollar for Naira at these rates.
Before we proceed, readers must understand the terms Buying and Selling of Dollars because they are frequently mentioned on this page. Buying a Dollar means getting a dollar with naira, while Selling means exchanging your dollars for naira at the black market rate.
Now that we have given you an introduction, let’s answer the question, “What is the Dollar To Naira Black Market Exchange Rate for Today?”. According to dealers in Zone 4, Wuse Abuja, which happens to be one of the leading BDC Centers in Nigeria, the Dollar was bought at ₦1590 and sold at ₦1600 today.
How much is a dollar to naira today in the black market?
Dollar to naira exchange rate today black market (Aboki dollar rate):
The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N1590 and sell at N1600 on Saturday 9th March 2024, according to sources at Bureau De Change (BDC).
Please note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market), as it has directed individuals who want to engage in Forex to approach their respective banks.
buy dollars with BDC operators or Abokis.
| Dollar To Naira | Black Market Rate Today |
| Buying Rate | ₦1590 |
| Selling Rate | ₦1600 |
Black Market/Aboki Rate Exchange Table Today
The table below outlines the black market prices for common denominations. Since the selling rate is ₦1590, we multiply it by the denomination in dollars. For example to convert $5, we multiply it by ₦1600
| Denomination in Dollar($) | Black Market Exchange Rate Today in Naira |
| 5 | ₦6,350 |
| 10 | ₦12,700 |
| 20 | ₦25,400 |
| 50 | ₦63,500 |
| 100 | ₦187,000 |
| 150 | ₦250,000 |
| 200 | ₦254,000 |
| 300 | ₦381,000 |
| 350 | ₦444,500 |
| 400 | ₦508,000 |
| 500 | ₦635,000 |
| 800 | ₦1,016,000 |
| 1000 | ₦1,270,000 |
Dollar to Naira CBN Rate Today
| Dollar to Naira (USD to NGN) | CBN Rate Today |
| Buying Rate | 892 |
| Selling Rate | 893 |
CAD To Naira Black Market Rate
The Canadian Dollars selling rate is ₦975 while the buying rate is ₦940. Canadian dollars are not listed on the official currency page of the Central Bank of Nigeria. This price has been constant for the past few weeks compared to the other currencies.
How much is 1 000 usd in Naira black market?
| Amount in Dollar ($) | Black Market Rate in Naira |
|---|---|
| 800 US Dollars (USD) to Naira | 988,000 |
| 1000 US Dollars (USD) to Naira | 1,235,000 |
| 5000 US Dollars (USD) to Naira | 6,175,000 |
| 10000 US Dollars (USD) to Naira | 12,350,000 |
Facts About Dollars
The United States Dollars symbolized by $ is the number one currency in the world. It is used by the United States of America and other countries. The denominations available are $1,$5,$10,$20,$50, and $100. The countries that make use of dollars as their official currency include:
-
- United States of America
- Ecuador
-
- Australia
- El Salvador
- Canada
-
- Zimbabwe
- Panama
- British Virgin Islands
-
- Mexico
- Puerto Rico
- Palau
-
- Jamaica
- Marshall Islands
- Fiji
-
- Guam
- Aruba
- Guyana
- U.S Virgin Islands
How Much Is 100$ In The Black Market Today?
100$ is equivalent to ₦127,000.
How Much Is 1000$ In The Black Market Today?
1000$ is equivalent to ₦1,270,000.
How Much Is 5000$ In The Black Market Today?
5000$ is equivalent to ₦6,350,000.
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Disclaimer
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