Naira to Dollar black market exchange rate today, July 5, 2023

0
Dollar to naira today black market exchange rates
Advertisement

The dollar to Naira black market exchange rate today July 5, 2023., The Naira to dollar exchange rate at the Investors and Exporters (I&E) window and Aboki exchange rate for today can be found here on Ejes Gist News.

Naira to Dollar exchange rate yesterday black market | Aboki Exchange Rate Today dollar to naira.

On Tuesday, July 4, 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 ₦780 per dollar while at the I & E window the dollars to the naira closed at N766/$ after rising to N770/$.

 

Advertisement

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.

The dollar to naira black market exchange rate today Wednesday, July 5, 2023 is as follows:

  • Buying: 780/$
  • Selling: 783/$

This means that you can buy 1 dollar  for 780 naira, and you can sell 1 dollar for 783 naira at Aboki exchange rate.

Advertisement

Npower News: NASIMS Management Speaks On Payment Of Stipends

Aliexpress dollar to naira exchange rate today is 771.38 /$. If you have domiciliary account you can buy directly from your account. You can also purchase goods in Naira from Aliexpress.

1 Dollar To Naira Black Market Exchange Rate Today July 5, 2023.

 

Advertisement

1000 Naira to dollar conversion rate will give you N783,000.

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 ₦78,300.

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 July 5, 2023, is as follows:

  • Buying rate: N771.38/$
  • Selling rate: N772.38/$

This means that you can buy 1 US dollar for N771.38, and you can sell 1 US dollar for N772.38

The euro to naira exchange rate on July 5, 2023, is as follows:

Advertisement
  • Buying rate: 900 naira
  • Selling rate: 903 naira

This means that you can buy 1 euro for 900 naira, and you can sell 1 euro for 903 naira.

 

Advertisement

Pound to naira exchange rate at the Investors and Exporters (I&E) window on July 5, 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.

 

Advertisement

What is Contactless Payment? 15 facts you need to know about the new CBN Policy

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.

 

Advertisement

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.

Week 1 Pool Fixtures 2023: Sat July 8 AUSSIE Pool fixture wk 1 – poolfixtures

 

Advertisement

Nigeria torn between low interest rates, strong naira as foreigners swirl.

 

PoS agents in Lagos increase charges for withdrawal, transfer.

Residents of Lagos State will soon experience an increase in charges for money withdrawals and transfers through Point of Sale (PoS) transactions. The Lagos State chapter of the Association of Mobile Money and Bank Agents in Nigeria (AMMBAN) has resolved to implement a fee of N000 for cash withdrawals of N10,000.

 

Stephen Adeoye, the Public Relations Officer of AMMBAN in Lagos, announced the new charges during an interview with Channels Television on Tuesday. He stated that the association aims to eliminate price discrepancies in the industry through the implementation of a standardized price list.

 

Adeoye provided details of the new charges, stating that withdrawals ranging from N1,000 to N2,400 would incur a fee of N100. Withdrawals from N3,000 to N4,000 would attract a fee of N200, while withdrawals from N4,100 to N6,400 would incur a fee of N300. The charges increase gradually based on the withdrawal amount, with withdrawals from N8,000 to N10,900 incurring a fee of N000. The prices continue to rise for higher withdrawal amounts as specified in the association’s price list.

 

Regarding deposits and transfers, agents can now charge N100 for amounts ranging from N1,000 to N4,900. For amounts from N5,000 to N10,900, a fee of N200 would be applicable. The charges increase further based on the transaction amount, with N300 for N11,000 to N20,900, N400 for N21,000 to N30,900, N000 for N31,000 to N40,000, and N600 for N41,100 to N00,000.

 

It is worth noting that these new charges contradict the assurances made earlier by Victor Olojo, the National President of AMMBAN, who stated in January that the association had no plans to increase service charges. Additionally, in February, the Central Bank of Nigeria (CBN) released emergency telephone numbers for reporting PoS agents charging above N200 for withdrawals up to N10,000.

 

However, according to Adeoye, the chairman of the Lagos State chapter of the association, David Abiodun, recently released the new price list during a symposium attended by executive members. The purpose of the list is to regulate the activities of agents who continue to overcharge their customers.

 

Enforcement of the price list will be facilitated through the association’s collaboration with the police and the establishment of task forces in their operational areas. Adeoye stated that they have a good relationship with the Lagos State Command and the police force, and task forces will be set up in each zone to ensure compliance. AMMBAN will also leverage its registration system and collaboration with the CBN to enforce the price list effectively.

 

It’s important to note that the concluding paragraph appears to be unrelated to the previous content and may have been added by the original source for donation purposes.

Related:

Nigerian newspaper headlines as of June  29, 2023: 10 things you need to know

Nigerian newspapers headlines today July 4, 2023: 10 things you need to know

Nigerian newspapers headlines today July 5, 2023: 20 facts you need to know

Naira to Dollar black market exchange rate

Advertisement

LEAVE A REPLY

Please enter your comment!
Please enter your name here