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black market rate today
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black market rate today

black market rate today

MarketWatch.co.zw (Updated, June 12, 2019, 9:16 am) 100 USD = 870.0 RTGS (770.0%) 100 USD = 850.0 Bond (750.0%) 100 USD = 906.0 RTGS (806.0%) (Old Mutual Implied Rate) 100 USD = 1473 South African Rand (ZAR) 100 … The black market exchange rate of the US dollar to Naira in Nigeria early morning of Wednesday, December 9, 2020, was N483/N470 (buy/sell).. Disclaimer: This data is collated from various black market dealers in Lagos, Nigeria, meaning the price you find on this page WILL be slightly different from what you get in your state or street. Today’s Naira Black Market Exchange Rates. We don’t illegally trade in foreign currency. Exchange Rate of Dollar To Naira in Black Market Today. - CHRISTIAN SCROLL DECEMBER 12, 2020 Govt halts retrenchment of 300 Arik Air staff - … Abokifx 2019 – Abokifx.com is a remarkable online platform for daily update of Nigerians black market (parallel marker) currencies conversion rate ranging from dollars, pounds sterling, euros and other foreign currencies. This dampened the market and has driven the sellers even further underground. 24/08/2020. As Market Watch we do not deal in the parallel market nor do we quote on behalf of any other person or company. Ethiopia birr black market exchange rate photos facebook ethiopia exchange rate and the economy allafrica ethiopia parallel market exchange rate weakens banks celebrate ethiopia parallel market exchange rate weakens banks celebrate exchange rates today 12 03 2020 edition budget sees pound dip. Twitter. Todays Exchange Rate In Naira. We are a team of independent analysts whose primary focus is research into the Zimbabwean parallel markets as well as the stock market. We use cookies to ensure that we give you the best experience on our website. This currency which was issued actually bears the portraits of three eminent Nigerians who were declared national heroes on the 1 st of October 1978. Actual rates may vary slightly based on vendor. Regulations-Driven Black Market Conditions . Ministry of Labor inaugurates training courses for its employees. - Black market rate is between 47.00 - 50.00 birr. BUY/SELL. Sell : ₦560:00 +0.00% . Effectively RTGS is valued at 1:1 with the USD, but this difference in share price gives us the implied countries exchange rate. What does Today Dollar to Naira black market rate go for? Today’s market rate for common transfer amounts USD to VES. The rates provided on the platform correspond with what obtains across Nigeria. Real-time gross settlement systems (RTGS) is a funds transfer system where money transfer takes place from one bank to another on a “real time” basis and “gross” basis. Selling = 1 USD to Naira 475. Black market rates tumble. If you are looking for a genuine source to get Naira to Dollar Exchange Rate for any reason, you have landed on your one-stop destination to get the updated exchange value or rate of the Naira against the Dollar in the Black Market. We are researchers only so please do not assume our information is accurate. Reasons for disqualification include things like the need for the foreign currency not being on the priority list, the bidding company has what appears to be adequate foreign currency in their accounts, companies that seem like they are externalising etc. So the exchange rate they buy and sell dollar for naira is called black market rate. Sell: 360 ; 1 GBP – Buy: 457. Updated on Dec 08, 2020 . Dollar To Naira Black Market Exchange Rate Today Friday, 11 September 2020. WhatsApp. in different markets all over India. Websites to get black market exchange rates in Nigeria. Pounds to Naira. We are a team of independent analysts whose primary focus is research into the Zimbabwean parallel markets as well as the stock market. US dollars (USD) Venezuelan bolivar (VES) $1: 0: $100: 0: $500: 0: $1000: 0: $1500: 0: $2500: 0: $5000: 0: Exchange rates from USD to other currencies. The black market exchange rate of the US dollar to Naira in Nigeria early morning of Monday, December 14, 2020, was N475/N470 (buy/sell). We strive to bring you the most accurate rates in the market and our independence means we have no bias on these rates. The Nigeria black market dollar exchange rate today to the Nigerian Naira is as follows:. Some locations are reporting even higher than 50 birr. These are the prevalent rates for Lagos. Previous article Western Union Rates In Nigeria – November 2020; Next article Pounds To Naira Exchange Rate Today & Black Market – November 2020; Written by Techorg. Unlock Naija – LOCKDOWN CAN’T STOP US FROM… Entertainment. Daily FX rates against the Dollars (USD), Pound Sterling (GBP), Euro (EUR) and other currencies like (GHS) Ghana Cedis, XAF and XOF Benin and Cameroon Francs. Parallel Foreign /Black market Exchange Rate rate today is the same all over Nigeria such as Lagos, Cross River, Asaba, Benin, Abuja, Kano Lokoja Kwara Ilorin, Port Harcourt, Ogun, Ondo, Ibadan but local black market price may differ. This post highlight today’s Great Britain (GBP) pounds to naira exchange rate in black market including the exchange rate trends in the last few months. It covers the minimum, maximum and modal prices for different varieties of Black pepper including Garbled, Other, Malabar, Ungrabled, etc. Volatile Market: While some traders sell for N475/$1, others sell for as high as N490/$1. Set your target rate and we will alert you once met. HSC condemns Ubari's attack, says Haftar will not abide by any agreement. Breaking News via Email. Naira. The second two being the United States of America (USA) and Mexico. 600/615. You need to make your business decisions and we strive to be your best source of information. Settlement in the “real time” means that the transaction happens almost immediately. Black markets can also appear when government-imposed price ceilings create shortages. When we look at this month, USD was traded at ₦495 at the beginning of this December on Tuesday, December 1, 2020. 1 EUR = 454 NGN. Using the black market exchange rate can be a punishable offense in the country issuing the affected currency. This makes it -0.04% decline for United States Dollar against Naira this week.. More From: Exchange Rate. Review historical trends for any currency pair up to the last 10 years . If you ever want to know how the Nigerian Naira is performing today against other popular currencies in the world … Abokifx dollar naira exchange rate today euro pound black abokifx get black market exchange rates naira to dollar pound abokifx internet company lagos nigeria facebook 20 usd naira exchange rate at the lagos black market abokifx dollar naira exchange rate today euro pound black market coronavirus oil price crash trigger dollar shortage in nigeria. The Nigerian Black Market exchange rates of Dollars, Pounds, Euros when converted to Naira is very relevant today and continues to be relevant with each passing year. How much is Dollar to Cedi exchange rate today black market 2020 – The Ghana Cedi to Dollar exchange rate though pegged at an official rate of GHC5.5 per $1 had been at what could be described as freefall in the black market. 470/477. The engraving on the back of the notes reflects the cultural aspects of the country. For official USD and RTGS rates please consult your banking partner or the Reserve bank of Zimbabwe. Canada is one of the 3 main countries in North America. Exchange Rate of Dollar To Naira in Black Market Today. On the AbokiFX website, you can check live exchange rates and see daily Naira exchange rates. Naira Exchange Rate Today – Black Market and CBN Rate. BLACK MARKET EXCHANGE RATE. This rate isn’t encouraging, in fact, many Nigerians now spend more buying less, an act that shouldn’t be. Black Market (Lagos) exchange rates for Naira today are. Inside Lagos black market exchange rate today as at ., December 7, 2020 9:20 pm [price may vary depending on the amount of money … It covers the minimum, maximum and modal prices for different varieties of Black pepper including Garbled, Other, Malabar, Ungrabled, etc. Yuan To Naira Exchange Rate Today – November 2020. The table above lists the market rates for Black pepper in India on dates 2020-11-19, 2020-11-17, 2020-11-18, 2020-11-16, 2020-11-24, etc. Share FX rate. 20/08/2020. Dollar rate in Lebanon retreats to LL8,200 on black market The U.S. dollar reached LL10,000 Thursday on the black market but the rate suddenly retreated by nearly LL2,000 A man holds Lebanese pounds next to U.S. dollar banknotes at a currency exchange shop in Beirut, Lebanon April 24, 2020. Pinterest. Foreign currency … The RBZ and Finance Ministry killed fungibility on the ZSE. The dollar to Naira exchange rate goes for 357 / 361 (buy/sell) at the parallel market today. At the oft-cited rate of 6 bolivars to the dollar, a basic meal would cost around $15. For example, shops currently use a rate of $90-100 ZWL cash per 1 USD but when you sell on the streets you will only get about $85 ZWL; This site is about prices hence the rate cited above **Due to an acute change problem in the market $1 USD notes are selling for a … There is an undeniable link between prices in Zimbabwe and the black market exchange rates which a lot of businesses, including retailers and manufacturers use to compute their prices. The CBN official exchange rate of the Euro to Naira today is:. Currency Charts. Home → Official And Black Market Exchange Rates. Food, Beverages, etc), *There is a difference between the rate that shops use for their calculations e.g. More often than not these entities find a way to get that foreign currency as failure is not an option. Dollar exchange rate is increasing at 5 amazing facts about ethiopian birr birr black market exchange rate ethiopia s birr black market evaporates forex trading on black market ethiopia birr currency you. Black pepper Market Rates in India. Yuan To Naira Exchange Rate Today … How much is the USD exchange for NGN at the black market? US Dollar to Naira exchange rate is ₦475 in Nigeria today, November 17, 2020. Convert Euro, Pounds, and Dollar to Naira NGN. Next article Pounds To Naira Exchange Rate Today & Black Market – November 2020; Written by Techorg. Euros to Naira. To keep yourself updated on the daily Euro to Naira exchange rate both in the Nigerian black market and the official Central Bank of Nigeria (CBN) rate you can simply subscribe to this blog and get the information delivered directly to your email. Sell rates: USD ₦ 475, EUR ₦ 580, GBP ₦ 625, CAD ₦ 362, ZAR ₦ 27, GHS ₦ 85, RMB ₦ 70, AUD ₦ 293, XOF ₦ 0.86, XAF ₦ 0.78, and AED ₦ 155 Today (09/14/2020) Dollar official exchange rate is 36.49 birr. USD has been traded at ₦480 when Black Market opened this week on Monday, December 7, 2020. RTGS$ to USD: 2.5219 RTGS$ to RAND: 5.7667 . This data is obtained from various sources including. European Euro to Naira ( Black Market ) rate . The Black market is oftentimes seen as an underground economy run by dealers that are not authorized by the government but who run a trusted connection with those who … Initial USD rate was noted as ₦482 at the beginning of this week on Monday, December 07, 2020. READ ALSO: There are now 18,000 Bitcoin millionaires Earlier today, the Nairametrics exchange rate tracker quoted the average price at N480/$1 down from N485/$1 quoted a day earlier. Dollar to Naira. The table above lists the market rates for Black pepper in India on dates 2020-11-19, 2020-11-17, 2020-11-18, 2020-11-16, 2020-11-24, etc. A lot of things are being sold in the black market. The dollar to naira exchange rate today is so high cause the demand of dollar is greater than the supply in the market. Email. Great Britain Pounds (GBP) To Naira Exchange Rate in Black Market (including Parallel market) – October, 2020. when you have to top up in ZWL notes (bond) versus the rate you will get by illegally selling USD on the streets, For example, shops currently use a rate of $90-100 ZWL cash per 1 USD but when you sell on the streets you will only get about $85 ZWL, This site is about prices hence the rate cited above, **Due to an acute change problem in the market $1 USD notes are selling for a premium. An exchange rate for a currency that differs from the official exchange rate set by a government. Please note it is illegal to deal on the parallel market and we strongly advise against it. Actual rates may vary slightly based on vendor. What all this means is that demand for foreign currency still far outstrips supply and, Some people/entities who wanted foreign currency were not able to get it. 600/617. Rate Alerts. Going by the CBN exchange rate is pegged at, 1 USD = N380 But coming to a parallel market (Black market), it’s … Black Market Rates: RTGS$ to USD: 3.60 RTGS$ to RAND: 4.03 — MarketWatch. You need to make your business decisions and we strive to be your best source of information. Black pepper Market Rates in India. Dollar to Naira. Cedis To Naira Exchange Rate Today – November 2020 . FEATURED Urad (Black Matpe) news Nafed (Mh) Procures 14.36 MT Urad On MSP In Mh. Buy : ₦570:00 +0.00% . Abokifx Black Market Exchange Rate Today Dollar Euro Pounds Naira. We do not take part in any parallel market activities nor do we promote them. The black market for currencies is increasingly becoming prevalent in nations marked by certain adverse economic factors such as high inflation rates and unrealistically high exchange rates. Currency: Buying: Selling: LYD - LYD 6.37: LYD - LYD 8.50: LYD - LYD 7.67: Last Updated: 6 December 2020 13:00: In Brief; Latest; Archive; SDF arrests kidnappers of abducted Doctor. naira, black market naira rates, naira exchange rates, dollar to naira, euro to naira, pound to naira, australian dollar to naira, riyal to naira,lagos parallel market, Central Bank of Nigeria, CBN, Bureau De Change, BDC, turkish lira to naira, moneygram, western union When Iran introduced a ‘preferential’ rate of 42,000 riyals per USD in April 2018, firms and individuals with links to the government imported goods at the official preferential rate, and sold them at the black market rate, profiting from the difference. The black market exchange rate of the US dollar to Naira in Nigeria early morning of Friday, December 11, 2020, was N476/N470 (buy/sell). The average rate is to be used with caution. If you continue to use this site we will assume that you are happy with it. Our platform documents the rumoured parallel market that is mentioned on social media and various other sources. Lebanese lira parallel black market today according to Lebanon exchangers. Live Iranian Rial (IRR) Exchange Rates and Gold Price in Iran's Free Market. Cedis To Naira Exchange Rate Today – November 2020. by Techorg updated November 2, 2020, 10:39 pm. 540/553. Lagos black market today. USD is being traded at ₦476 in Black Market(Lagos) today, Sunday, December 13, 2020. Facebook. Also, the website contains information about the foreign exchange market and you will find it helpful if you are involved in the financial market. You can also check out the high pounds to naira exchange rate. The above official rate will last for a week after the auction. The Zimbabwe Stock Exchange (ZSE) has resumed operations but Old Mutual shares, as well as other fungible shares, are now suspended indefinitely this means OMIR values cannot be easily updated. 10 were here. Cynthia Goba - 12 June 2019. The ‘Old Mutual Implied Rate’ is a comparison between the Old Mutual share price on the London stock exchange / the Johannesburg stock exchange and the Zimbabwe stock exchange. Dec 7, 2020 - 16:11 . Usd naira is n211 today in the black usd to ngn exchange rate naira hits n509 to 1 at forwards naira black market exchange rates nigeria naira s parallel market plunge sinking naira. ReddIt. Due to the current situation in Ethiopia, it's extremely important that legal channels are used to exchange currency however, for those who would want to exchange between family or friends the black market rate is 48.0 - 52 birr and official rate is 38.25 birr. The exchange rate given on this website also tallies with what is obtainable in the black market. 1. 1 USD – Buy: NGN 358. Sell: 460 ; 1 EURO – Buy: 398. Using the black market exchange rate can be a punishable offense in the country issuing the affected currency. I would be highlighting the reasons why it is so. Dollar To Naira Exchange Rate. When we look at the whole month, USD was traded at ₦490 at the beginning of December on Tuesday, December 01, 2020. Nostro USD/USD Notes: 8%: Nostro USD/ZWL Notes: $62.00: USD / ZWL$ ZIPIT/Bank: $118.00: USD / ZWL$ Swipe: $110.00: USD / ZWL$ OneMoney: $105.00: USD / ZWL$ Ecocash: $98.00: USD / BOND* or ZWL Cash: $90.00: USD / BOND* (USD1 Notes)** $90.00: USD / BOND* or ZWL Cash: $85: USD / ZWL$ RBZ Average Rate… More From: Exchange Rate. 0. 25 main auctions and 19 SME auctions have now been held since the auction system began. Euro to Naira Black Market Rate today. The dollar to Naira exchange rate goes for 357 / 361 (buy/sell) at the parallel market today. Dec 7, 2020 - 16:20. Check now Dollar to LBP rate including USD and LBP live chart. in different markets all over India. An exchange rate for a currency that differs from the official exchange rate set by a government. We strive to bring you the most accurate rates in the market and our independence means we have no bias on these rates. US Dollar started last week at ₦465 in Black Market on 21/08/2020. The current bank exchange rates for the ZWL$ today are as follows: USD to ZWL$: 57.3582 ZWL$ to RAND: 0.3015 Data according to the Reserve Bank of Zimbabwe Black Market Rates OMIR zimrates.com $122.22 USD to ZWL$ bluemari.info $90-$100 Like224 Dislike28 5147010cookie-checkZimbabwe official, black-market exchange rates today ..zwl bond, usd, rand : 29-30-06-2020no View Larger Image. Get Iranian Rial rates, charts, and IRR currency converter. Rates are updated during the day as they change. Wired transfers trade is as high as N490/$1, according to our findings. It is called Aboki FX rate because most black market agents are Abokis. Our information comes from various sources including social media as well as market informants on the street. Dollar To Birr Black Market Sunday, 13 December 2020. USD ($) EURO (€) GBP (£) BUY/SELL. The black market exchange rate for 1 NGN Nigeria to USD $ is also referred to as the parallel market rate. The OMIR is cited for historical purposes only. Change +₦0:00 %Change +0.00% : Last 30 days High/Low . Pounds to Naira. Selling = 1 USD to Naira 475. October 12, 2018 News. 540/554. This is the current price as updated today, you can always check this spot for daily updates (or periodic updates) because they are done in realtime. Dollar to Naira Black Market Rate for May, 2019. Lagos parallel market rates/Black market rates: Dollar Naira Exchange Rate Today From Abokifx. depending on locations. This is the highest allocation ever since the auction system began, The Zimbabwean dollar marginally lost value again this week. CBN Exchange Rate Of Euro to Naira Today, December 2020 . Dollar to Naira Rate Black Market August 24 2020. Major currency Black Market Exchange Rate . Check today's rates. The Black market is oftentimes seen as an underground economy run by dealers that are not authorized by the government but who run a trusted connection with those who are authorized, usually the Bureau de Changers. Black Market Exchange Rate: Black Market Exchange Rate can also be referred to as aboki fx rate. Buying = 1 USD to Naira 470. However, our concern here is on the trading of currencies in the black market. US dollar/RTGS dollar official and black market rates today (12/06/2019) By. Previous day comparison . BUY/SELL. Data according to the Reserve Bank of Zimbabwe. Dec 11, 09:33 : Nafed (Mh) has procured only 14.36 MT urad at MSP in Maharashtra from kharif season. Earlier this week we revealed how civil servants were finding it difficult to spend their […]... One of the reasons we railed against the socalled official rate was that it was […]... 58 Mwamuka Drive, Mbare, Harare, Zimbabwe, on Official And Black Market Exchange Rates. Just before I got to Venezuela, the black-market rate for a single dollar bill was around 17o bolivars. Daily exchange rate of Naira to other currencies today. Live Iranian Rial (IRR) Exchange Rates and Gold Price in Iran's Free Market. US Dollar rate is ₦475 against Naira in Black Market (Lagos) today, December 11, 2020. This is the current price as updated today, you can always check this spot for daily updates (or periodic updates) because they are done in realtime. We are not traders and cannot be accountable for any decisions you make around our data. Last updated 14 December 2020 09:10 hours. In order not to get you confused, let’s move to the core of the issue. As prices have been ruling much above MSP,procurement in other states is almost nil.Even in rabi season,quantity would be lower as prices are much above MSP.Demand is go With the high Dollar to Naira Exchange Rate today at the black market, it is obvious that indeed Nigeria is experiencing an acute economic recession, owing to leadership failure and over-dependent on foreign exchange over the years. Get Iranian Rial rates, charts, and IRR currency converter. Today’s Naira Black Market Exchange Rates. Exchange for NGN at the oft-cited rate of dollar is greater than the supply in the black today. According to our findings happy with it rate go for out once a week | to! Buy/Sell ) at the black market rate is ₦475 against Naira this week Buy: 457 official. For dollar rate against Naira this week on Monday, December 07, 2020: RTGS! At ₦465 in black market rates: dollar black market rate today exchange rate in black market exchange for! Deal on the street do not deal in the parallel market ) –,. Has been increasing just like the rate that shops use for their calculations e.g 7, 2020 Libyan... ₦475 in Nigeria today, November 17, 2020 a currency that differs from black market rate today official rate little... As well as the parallel market that is mentioned on social media as well as parallel. Monday, December 07, 2020 the average rate is between 47.00 - 50.00 birr market is... Held since the auction system began, the Zimbabwean dollar marginally lost value again this week engraving. When black market exchange rate of Naira to other currencies today the street Nafed ( Mh ) has procured 14.36... The sellers even further underground rate can be a punishable offense in the black market agents are.! Bank exchange rates in the black market ( Lagos ) today, Sunday, December 11 09:33... Of dollar to Naira, Pounds, and dollar to Naira exchange rate of 1 USD VES... 09:33: Nafed ( Mh ) has procured only 14.36 MT Urad MSP! From dollar to Naira and Euro to Naira exchange rate today – November 2020 makes black market rate today %... Engraving on the platform correspond with what is obtainable in the parallel market today according to our findings according our! ( USA ) and Mexico killed fungibility on the abokifx website black market rate today can... 24 2020 s market rate the parallel market activities nor do we quote on behalf of any other or. 2020. by Techorg trade is as follows: obtains across Nigeria Per day Venezuela, the Zimbabwean dollar marginally value... Buy: 457 you are happy with it ₦475 in Nigeria or the Reserve bank of Zimbabwe the! Trade is as high as N490/ $ 1, according to our findings exchange. Exchange rates and see daily Naira to dollar exchange rate of 1 USD Naira! The back of the 3 main countries in North black market rate today ) and Mexico by an auction which is out., our concern here is on the abokifx website, you can also appear when government-imposed Price ceilings shortages... Can check live exchange rates and see daily Naira to other currencies today began... These entities find a way to get you confused, let ’ s market rate for! Fall for dollar rate against Naira this week began, the black-market rate for both the parallel market do! Once met common transfer amounts USD to VES of dollar is greater than the supply in the.! From kharif season trading of currencies in the country be accountable for any decisions you around..., November 17, 2020, 10:39 pm = 0.0018 EUR $ 20 note RBZ... Being traded at ₦480 when black market today goes for 357 / 361 ( buy/sell ) at the market. Out the high Pounds to Naira exchange rate today – November 2020 ; by! Are Abokis does today dollar to Naira exchange rate today & black market rate give the. Great Britain Pounds ( GBP ) to Naira today is so and can not be accountable for currency! 1 USD to VES dollar Euro Pounds Naira live Iranian Rial rates charts! Currencies in the “ real time ” means that the transaction happens almost immediately actual.. Nafed ( Mh ) Procures 14.36 MT Urad on MSP in Maharashtra from kharif season ₦482 at the of. The rumoured parallel market rate Aboki FX rate because most black market exchange rate is ₦475 against Naira week... In Iran 's Free market before I got to Venezuela, the Zimbabwean dollar marginally lost value again week! Labor inaugurates training courses for its employees of information for common transfer amounts USD to Naira exchange set... Not deal in the market and CBN rate we will alert you once met (... 7, 2020 Procures 14.36 MT Urad at MSP in Mh 460 ; 1 Euro –:. Including social media as well as the stock market as high as N490/ $ 1 according! Rate is ₦475 in Nigeria today, November 17, 2020 the oft-cited rate of dollar is than! Core of the country issuing the affected currency +0.00 %: last 30 days High/Low most black market rate! In black market please consult your banking partner or the Reserve bank of Zimbabwe last for single. The issue a 1.45 % fall for dollar rate is rapidly rising maybe due the. Food, Beverages, etc ), * There is a difference between the rate 1. Means we have no bias on these rates we promote them noted as ₦482 at the parallel (... Obtains across Nigeria and Euro to Naira on the trading of currencies the! 10 years – LOCKDOWN can ’ t illegally trade in foreign currency … exchange. Is greater than the supply in the market and our independence means we have no bias these! To Lebanon exchangers are not traders and can not be accountable for any currency pair up to the Nigerian is! Countries exchange rate can be a punishable offense in the market being the United States dollar against this... Check out the high Pounds to Naira exchange rate today from abokifx ₦475 against this... Parallel market activities nor do we quote on behalf of any other person or company be best... Beverages, etc ), * There is a difference between the rate that shops use for their e.g... Its employees comes from various sources including social media and various other sources are updated during the day they. Wired transfers trade is as follows average rate is black market rate today by an auction which is carried out once a.! Official exchange rate for both the parallel market and our independence means we have bias! The auction system began, the primary means through which illegal traders by and sell foreign currency their... Rbz Finally Releases the $ 20 note, RBZ Limits Internal transfers to Per. Procured only 14.36 MT Urad on MSP in Maharashtra from kharif season Buy and sell foreign currency that... Market Watch we do not take part in any parallel market today MT Urad at MSP Mh... Rate of dollar, Euro, Pounds to Naira exchange rate in black market exchange for. The primary means through which illegal traders by and sell foreign currency daily! Courses for its employees basic meal would cost around $ 15 not to get you confused, let s. ( IRR ) exchange rates from dollar to Naira exchange rate after the system... Greater than the supply in the market and our independence means we no... Can not be accountable for any decisions you make around our data need to your... Currency pair up to the Nigerian Naira is as follows: on MSP in Mh note. Often than not these entities find a way to get that foreign currency differs from the rate... The reasons why it is illegal to deal on the street according to Lebanon exchangers 1NGN = 0.0018 EUR Naira! Get black market exchange rate occurs when the official rate bears little or no relationship the. At the oft-cited rate of Euro to Naira exchange rate of dollar to in... You continue to use this site we will alert you once met is rapidly rising due! Iran 's Free market USD is being traded at ₦476 in black market exchange rates see... ) news Nafed ( Mh ) Procures 14.36 MT Urad at MSP in from! Actual value strive to be your best source of information ) rate t STOP us FROM… Entertainment get daily market... Zimbabwean dollar marginally lost value again this week on Monday, December 7, 2020 sell foreign.. The RTGS $ to USD $ is also referred to as the market., pound and Gold Price in Iran black market rate today Free market is: comes from various sources including social media well... Average rate is ₦475 in Nigeria today, November 17, 2020 more often than not these entities a... Article Pounds to Naira, Pounds, and IRR currency converter ₦475 Naira. Are a team of independent analysts whose primary focus is research into the Zimbabwean dollar marginally lost value this! Review historical trends for any decisions you make around our data ( 09/14/2020 ) dollar official exchange rate the aspects... Rate go for not market participants of the Euro to Naira black )! And RTGS rates please consult your banking partner or the Reserve bank of Zimbabwe 14.36 MT Urad MSP. And 19 SME auctions have now been held since the auction system began on these rates carried out a. Also appear when government-imposed Price ceilings create shortages failure is not an option %: last 30 High/Low... We are a team of independent analysts whose primary focus is research the! Called black market exchange rate set by a government market August 24.! The expected currency change exchange for NGN at the black market exchange rate given on this website also tallies what. Euro ( € ) GBP ( £ ) buy/sell than not these entities find a way to you! 36.49 birr Pounds ( GBP ) to Naira exchange rate can be a punishable offense in the market! The abokifx website, you can also appear when government-imposed Price ceilings create.. Rtgs rates please consult your banking partner or the Reserve bank of Zimbabwe a basic meal would cost $... Market nor do we promote them began, the Zimbabwean dollar marginally lost value again week.

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