The dollar to naira black market exchange rate today , The dollar to naira exchange rate at the Investors and Exporters (I&E) window and Aboki exchange rate for today Tuesday June 20, 2023 can be found here on Ejes Gist News.
Dollar to naira exchange rate today black market | Aboki Exchange Rate Today dollar to naira
On Monday, June 20, 2023, currency traders at the Bureau de Change (BDC) sector disclosed that the exchange rate for the US dollar to the Nigerian naira on the Parallel Market closed at ₦7800 per dollar while at the I & E window the dollars to thee naira closed at N770.38/$.
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The dollar to naira black market exchange rate on June 20, 2023 is as follows:
- Buying: 780 naira
- Selling: 785 naira
This means that you can buy 1 dollar for 780 naira, and you can sell 1 dollar for 785 naira at Aboki exchange rate.
The black market exchange rate is often higher than the official exchange rate, which is currently N770.38/$ naira per dollar. This is because the black market is not regulated by the government, so there is more risk involved in exchanging currency there. However, the black market exchange rate can be a more accurate reflection of the true value of the naira.
It is important to note that the black market exchange rate can fluctuate wildly, so it is always best to check the latest rates before you exchange currency. You can find the latest black market exchange rates online or by asking around at a Bureau de Change.
The value of Naira to Dollar exchange rate at black market is influenced by various economic. The an unofficial exchange rate is known as the dollar to naira black market exchange rate, which is often higher than the official rate.
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Have you ever asked “how much is Dollar to Naira exchange rate?” in this article you will learn the latest value for the Dollar to Naira exchange rate in black market today.
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Having the full knowledge on how much USD to NGN black market exchange rate today, will give you a better opportunity to plan and make the right decisions.”
1 Dollar To Naira Black Market Exchange Rate Today June 20, 2023.
| how much is dollar to naira black market (USD to NGN rate) | USD to naira black market today |
| Buying Rate | ₦ 780 |
| Selling Rate | ₦ 785 |
Therefore, 1000 Naira to dollar conversion rate will give you N785,000.
How much is $100 in black market today?.
Now, How much is $100 US in Nigeria?
- $100 USD in black market today will give you ₦78,500.
How Much is 1 dollar to naira Official Exchange Rate Today.
The dollar to naira exchange rate at the Investors and Exporters (I&E) window on June 20, 2023, is as follows:
- Buying rate: N770.38/$ naira
- Selling rate: N771.54/$ naira
This means that you can buy 1 US dollar for N770.38/$ naira, and you can sell 1 US dollar for N771.54/$ 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.
The dollar to naira exchange rate has been fluctuating in recent months. It reached a high of N89 per dollar on June 18, 2023, but has since been declining. The current exchange rate is still significantly lower than the official exchange rate of N305 per dollar that was in place before 2016.
The decline in the dollar to naira exchange rate is due to a number of factors, including the decline in oil prices and the increase in demand for foreign exchange. The Nigerian government is hoping that the unification of the foreign exchange market will help to stabilize the exchange rate.
The euro to naira exchange rate on June 20, 2023, is as follows:
- Buying rate: 810.03 naira
- Selling rate: 827.13 naira
This means that you can buy 1 euro for 810.03 naira, and you can sell 1 euro for 827.13 naira.
The euro to naira exchange rate has been fluctuating in recent months. It reached a high of N980 per euro on March 8, 2022, but has since been declining. The current exchange rate is still significantly lower than the official exchange rate of N200 per euro that was in place before 2016.
The decline in the euro to naira exchange rate is due to a number of factors, including the decline in oil prices and the increase in demand for foreign exchange. The Nigerian government is hoping that the unification of the foreign exchange market will help to stabilize the exchange rate.
pound to naira exchange rate at the Investors and Exporters (I&E) window on June 20, 2023:
- Buying rate: 664.3 naira
- Selling rate: 681.4 naira
This means that you can buy 1 pound for 664.3 naira, and you can sell 1 pound for 681.4 naira.
The pound to naira exchange rate has been fluctuating in recent months. It reached a high of N925 per pound on March 8, 2022, but has since been declining.
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.
