What is the US Dollar to Naira Exchange rate at the black market today July 14, 2023, which is also known as the parallel market (Aboki fx or Aboki exchange rate)? Find below the black market Dollar to Naira exchange rate for today. You can easily swap your dollar for Naira at these rates.
How much is a dollar to naira today in the black market?
Dollar to naira exchange rate today black market (Aboki dollar rate):
According to sources at Bureau De Change (BDC), on Thursday, July 13, 2023, the exchange rate for a dollar to the Nigerian naira in the Lagos Parallel Market, also known as the Black Market, stood at buying rate of N782 and selling rate of N785. After initially rising to N787/$, the dollar to naira exchange rate at the Investors and Exporters (I&E) window closed at N746/$.
Please note that the Central Bank of Nigeria (CBN) does not officially recognize or endorse the activities of the parallel market, commonly known as the black market, for foreign exchange. The CBN has directed individuals seeking foreign exchange to approach authorized banks for their foreign currency needs.
The dollar to naira black market exchange rate today Friday, July 14, 2023 is as follows:
Dollar to Naira Black Market Rate Today
| Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
| Buying Rate | N788 |
| Selling Rate | N790 |
This means that you can buy 1 dollar for 788 naira, and you can sell 1 dollar for 790 naira at Aboki exchange rate.
Aliexpress dollar to naira exchange rate today
As of today, the exchange rate for the dollar to the Nigerian naira on AliExpress is 776.50 Naira per dollar. If you have a domiciliary account, you have the option to purchase directly from your account. Additionally, AliExpress now allows users to make purchases in Nigerian naira instead of requiring payments in foreign currency.
1000 Naira to dollar conversion rate will give you N790,000.
How much is $100 in black market today?.
Now, How much is $100 US in Nigeria?
- $100 USD in black market today will give you ₦79,000.
How Much is 1 dollar to naira official exchange rate today.
The dollar to naira exchange rate at the Investors and Exporters (I&E) window on July 14, 2023, is as follows:
- Buying rate: N777.50/$
- Selling rate: N778.50/$
This means that you can buy 1 US dollar for N777.50, and you can sell 1 US dollar for N778.50.
Euro To Naira Black market exchange rate ngnrates.com
The euro to naira exchange rate on July 14, 2023, is as follows:
- Buying rate: N860.72/€
- Selling rate: 862.72/€
This means that you can buy 1 euro for 860.72 naira, and you can sell 1 euro for 862.72 naira.
Pound To Naira Black market exchange rate ngnrates.com.
Pound to naira exchange rate at the Investors and Exporters (I&E) window on July 14, 2023:
- Buying rate: 1,048.30 naira
- Selling rate: 1,048.60 naira
This means that you can buy 1 pound for 1,048.30 naira, and you can sell 1 pound for 1,048.60 naira.
The I&E window is the official exchange rate window in Nigeria. It is a platform where authorized dealers can trade foreign exchange. The exchange rate at the I&E window is determined by supply and demand.
Please note that the exchange rate can change at any time, so it is always best to check the latest rates before you make a transaction. You can do this by visiting the website of a reputable currency exchange bureau or by using a currency converter online.
Stock market cap sheds whopping N706.77bn due to selloffs in Fidelity Bank, others.
On Thursday, the stock market experienced a continued decline, resulting in a decrease of N706.77 billion in market capitalization. This decline was primarily attributed to selloffs in Fidelity Bank, Sovereign Insurance, and other companies. As a result, the market capitalization dropped from N34.87 trillion to N34.16 trillion.
The All-Share Index also suffered a decline, losing 1,297.99 basis points. It closed at 62,748.94 ASI compared to the previous day’s value of 64,046.93 ASI.
During the trading session, investors traded 798.46 million shares in 10,296 deals, with a total worth of N10.44 billion. This was in contrast to the preceding day’s trading, which saw 1.63 billion shares exchanged in 13,878 deals valued at N12.69 billion.
Among the gainers, John Holt saw a rise in share value by N0.15 kobo, closing at N1.65 kobo per share from N1.50 kobo per share. Dangote Sugar also experienced an increase of N2.70 kobo, moving from N27.15 kobo to N29.85 kobo per share. Nascon gained N2.30 kobo, closing at N25.50 kobo, while Skyway Aviation’s share price rose by N1.20 kobo, ending at N13.45 kobo per share. Golden Brew witnessed a rise of N0.26 kobo in share price, appreciating from N2.67 kobo to N2.93 kobo per share.
However, there were also losers in the market. Wema Bank topped the losers’ list, dropping by N0.50 kobo to N4.50 kobo per share from N5. Fidelity Bank’s share price decreased by N0.79 kobo, closing at N7.11 kobo per share. Stanbic IBTC also experienced a loss of N6.80 kobo, ending trading at N61.20 kobo per share from N68. Sovereign Insurance’s share price dropped from N0.50 kobo to N0.45 kobo per share, reflecting a 10% loss. Omatek also lost 10%, dropping from N0.60 kobo to N0.54 kobo per share.
In terms of the most active trading, UBA led the way with 99.01 million shares valued at N1.33 billion. FBN Holdings followed with 72.68 million shares worth N1.28 billion, while Transcorp sold 68.79 million shares worth N280.80 million.
Official naira to dollar rate today July 14 2023
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