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 Friday June 23, 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 Thursday, June 22, 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 ₦820 per dollar while at the I & E window the dollars to thee naira closed at N819/$ after rising to N820/$.
Aliexpress dollar to naira exchange rate today is N816.50 /$. If you have domiciliary account you can buy directly from your account. You can also purchase goods in naira from Aliexpress.
The dollar to naira black market exchange rate on June 23, 2023 is as follows:
- Buying: 818 naira
- Selling: 821 naira
This means that you can buy 1 dollar for 818 naira, and you can sell 1 dollar for 821 naira at Aboki exchange 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 23, 2023.
| how much is dollar to naira black market (USD to NGN rate) | USD to naira black market today |
| Buying Rate | ₦ 820 |
| Selling Rate | ₦ 821 |
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?
- $100 USD in black market today will give you ₦82,100.
How Much is 1 dollar to naira Official Exchange Rate Today.
The dollar to naira exchange rate at the Investors and Exporters (I&E) window on June 23, 2023, is as follows:
- Buying rate: N816.50/$ naira
- Selling rate: N817.50/$ naira
This means that you can buy 1 US dollar for N816.50/$ naira, and you can sell 1 US dollar for N817.50/$ naira.
The euro to naira exchange rate on June 23, 2023, is as follows:
- Buying rate: 902 naira
- Selling rate: 903 naira
This means that you can buy 1 euro for 902 naira, and you can sell 1 euro for 903 naira.
Pound to naira exchange rate at the Investors and Exporters (I&E) window on June 23, 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.
Here are some examples of how much you can get in Nigerian Naira for different amounts of US Dollars:
- 1 US Dollar = 820 Nigerian Naira
- 5 US Dollars = 4,100 Nigerian Naira
- 10 US Dollars = 8200 Nigerian Naira
- 50 US Dollars = 41,000 Nigerian Naira
- 100 US Dollars = 82,000 Nigerian 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.
Nigerian Commercial Banks Inform Customers of Recent Changes to Foreign Exchange Policy
Commercial banks in Nigeria have taken the initiative to update their customers on the recent changes to the foreign exchange policy, as announced by the central bank. These updates have been communicated through email notifications, containing vital information about the determination of exchange rates, with a clear emphasis that the central bank no longer sets the rates.
Nairametrics reviewed the contents of these emails, which also include important updates regarding the application process for obtaining foreign exchange for travel allowances.
This development comes in the wake of a significant announcement by the Central Bank of Nigeria (CBN) that has completely transformed the forex market in the country, bringing an end to years of capital controls and exchange rate complexities.
Insights from the Banks
One of the messages sent by a commercial bank explains how the revised forex policy has affected the accessibility of Form A and Form Q, which are commonly used for submitting applications.
According to a statement from the bank, “The changes to the Central Bank’s policy on Foreign Exchange have the following impact on the processing of all Form A (PTA/BTA, School Fees, Medical Fees…) and Form Q (SME) applications.” The bank clarifies that all applications will continue to be processed through the bank, reaffirming that commercial banks will remain the primary source for purchasing forex for eligible transactions.
