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 Sunday June 25, 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 Saturday, June 24, 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/$.
Aliexpress dollar to naira exchange rate today is N823.00 /$. 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 25, 2023 is as follows:
- Buying: 823.00 naira
- Selling: 824.00 naira
This means that you can buy 1 dollar for 823.00 naira, and you can sell 1 dollar for 824.00 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 25, 2023.
| how much is dollar to naira black market (USD to NGN rate) | USD to naira black market today |
| Buying Rate | ₦ 823.00 |
| Selling Rate | ₦ 824.00 |
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?
- $100 USD in black market today will give you ₦82,300.
How Much is 1 dollar to naira Official Exchange Rate Today.
The dollar to naira exchange rate at the Investors and Exporters (I&E) window on June 25, 2023, is as follows:
- Buying rate: N823.00/$ naira
- Selling rate: N824.00/$ naira
This means that you can buy 1 US dollar for N823.00/$ naira, and you can sell 1 US dollar for N817.50/$ naira.
The euro to naira exchange rate on June 25, 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 25, 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.
CBN sells $29.5 million via auction, settles for N765/$1 band
On Thursday, the 22nd of June 2023, the Central Bank of Nigeria conducted an auction at the interbank window, through which it sold $29.5 million. This information has been confirmed by Nairametric through multiple sources familiar with the matter.
A total of nine banks, namely First Bank, Ecobank, Access Bank, Standard Chartered, Wema Banj, FBN Merchant Bank, Coronation Bank, and Globus Bank, participated in the auction and purchased the foreign exchange. Among them, four banks acquired $5 million each, while one bank bought $2 million. The remaining banks obtained $2.5 million each.
According to a document viewed by Nairametrics, the banks acquired the forex at varying prices, adhering to the auction regulations and processes. The highest exchange rate was N770/$1, and approximately $5 million was sold at this rate. On the other hand, the lowest exchange rate was $760/$1, and around $9.5 million was sold at this rate.
It is worth noting that this marks the first instance of the apex bank intervening in the forex market through an auction since implementing operational changes to its forex markets.
