Usd ngn parallel market

Disclaimer: NgnRates.

The black market refers to the unofficial or parallel market where foreign currencies are bought and sold outside the control of the government or official banking channels. In Nigeria, the black market US dollar is mostly being sold by Aboki. Therefore, the Aboki price of the dollar is the same as the black market price. The Aboki black market exchange rate is higher than the official exchange rate which favors sellers of USDs. The main disadvantage of buying US dollars in the black market is because of too many scams. This market operates based on supply and demand dynamics, and the exchange rates can fluctuate significantly daily. As Nigerians can expect, the increase or decrease in the exchange rate of naira to the dollar or vice versa depends on the direction of these fluctuations.

Usd ngn parallel market

Disclaimer: NgnRates. Good morning. Good morning friends today We are buying dollars for selling Euro selling pounds selling then we are buying XAF YUAN CFA and others our office is here at Fabdal plaza wuse zone 4 Abuja to call or Whatsapp , don't forget successful transaction is better than high rate thank you. USD Selling , Buying GBP Selling , Buying EUR Selling , Buying These are the rates today, 28 February Good morning friends today We buy dollars for Euro pounds and we buy XAF YUAN CFA and others our office is here at Fabdal plaza wuse zone 4 Abuja to call or Whatsapp , don't forget successful transaction is better than high rate thank you. Address:- Constantine street, wuse zone4 plaza, bulama house Call or via whatsapp These are the rates today, 26 February Top of the day everyone, I wanna make inquiry if anyone here sell Africard fund. Thanks in anticipation. This website uses cookies to ensure you get the best experience on our website. Learn more Got it. Toggle navigation.

Background Color.

Do you want to know Dollar to Naira black market rate today? Before we proceed, readers must understand the terms Buying and Selling of Dollars because they are frequently mentioned on this page. Buying a Dollar means getting a dollar with naira, while Selling means exchanging your dollars for naira at the black market rate. The table below shows the black market rate for those who want to sell and buy dollars with BDC operators or Abokis. The table below outlines the black market prices for common denominations.

Interestingly at the same time the Pound To Naira Exchange Rate is buy , while you can sell a pound for sell at the black market rate. There might be slight variation at different parallel unofficial market. This makes it Having full knowledge how much USD to NGN black market exchange rate today will give you a better opportunity to plan and make informed decisions. You have to understand that the Naira is under pressure, leaving the FX market in a constant state of flux. A correspondent, who visited the ever-busy Wuse Zone 4 which is the hub of bureau de change operators in Abuja, observed that the dollar was sold for as opposed to the it was sold for previous.

Usd ngn parallel market

Disclaimer: NgnRates. Address:- Constantine street, wuse zone4 plaza, bulama house Call or via whatsapp In Lagos here they are selling , , yesterday. Ah ah this is too much. Aren't in the same country? Why exchangers in Lagos doing like this?

1070 vs 1660 ti

Useful Links. Your feedback. Facebook Like. Before engaging in any black market currency exchange, research reputable sources that provide reliable exchange rates. The Aboki black market exchange rate is higher than the official exchange rate which favors sellers of USDs. Follow BetaSales on social media. Address:- Constantine street, wuse zone4 plaza, bulama house Call or via whatsapp Post comment. Thanks in anticipation. The black market exchange rate is typically higher than the official exchange rate, reflecting the higher demand for foreign currency and the limited supply in the official market. Your Email:. If someone is offering you a dollar exchange rate that seems too good to be true, it probably is. Address:- Constantine street, wuse zone4 plaza, bulama house Call or via whatsapp

.

Conclusion: Today March 02, , there i s no change in the rates however according to Abokiforex. The table below shows the black market rate for those who want to sell and buy dollars with BDC operators or Abokis. Instagram Follow. These are the rates today, 28 February Text Color. GBP Selling , Buying Remember Me. Why exchangers in Lagos doing like this? Background Color. Add comment Cancel reply.