Dollar (USD) to Naira Black Market Rate Today December 8, 2023 Aboki Naira Today

banner

Dollar (USD) to Naira Black Market Rate Today December 8, 2023 Aboki Naira Today

How much is Dollar to Naira Today in Black Market? Here is the current USD to Naira rate today. Dollar price is sold at  ₦1175 and can be bought at ₦1165.

In today’s USD to Naira black exchange rate December 8, 2023, The currency dealers in Abuja Zone 4 market, Nigeria announced that the dollar price was bought at ₦1165 and sold at ₦1175 today, as against ₦1165 it traded yesterday.

Black Market Exchange rate for Euro to Naira

Furthermore, on the illicit market, the second most traded currency, the euro/naira, was exchanged at 1208 buy and 1185 sell, respectively.

Black Market Exchange rate for Pounds to Naira

It’s interesting to note that the official exchange rate for pounds to naira is 1403, while on the black market, the same unit can be sold for 1386.

Dollar to Naira Today Rate / Exchange Rate of Dollar To Naira in Black Market Today?

Dollars to Naira (USD to NGN) Exchange Rate Today
Buying Rate 1175
Selling Rate 1165

Dollar to Naira Rate for the Past 7 Days

Here are the black market Dollar to Naira exchange rates from November 8, 2023, to date and their buying and selling rates.

December 3, 2023 1165 1153
December 2, 2023 1160 1153
December 1, 2023 1161 1152
November 30, 2023 1160 1150
November 29, 2023 1161 1152
November 28, 2023 1160 1148
November 27, 2023 1160 1148
November 11, 2023 1136 1120
November 10, 2023 1142 1128

How much is Dollar to naira today in Black market

Exchange Rate of Dollar To Naira in Black Market Today?
Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Selling Rate 1175
Buying Rate 1165

Dollar to Naira CBN Rate Today

Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Buying Rate 819
Selling Rate 820

Aboki dollar to naira today black market

Dollar to naira exchange rate today black market (Aboki dollar rate): The exchange rate for a dollar to naira at Lagos Parallel Market (Black market)

The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N1135 and sell at N1140 on Tuesday 15th November 2023, according to sources at Bureau De Change (BDC).

Denomination in Dollar($) Black Market Exchange Rate Today in Naira
5 ₦5,800
10 ₦11,600
20 ₦23,200
50 ₦58,000
100 ₦116,000
150 ₦174,000
200 ₦232,000
300 ₦348,000
350 ₦406,000
400 ₦464,000
500 ₦580,000
800 ₦928,000
1000 ₦1,160,000

Dollar to naira black market today 16 November

Exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N1135 and sell at N1140 on 15th November 2023.

100 dollars to naira black market today

Daily 100 US dollars to Naira, USD to NGN, Black Market (Lagos) exchange rates have an average of ₦1,150.00 in Nigeria today on 16/11/2023, according to 1 sell rate.

Dollar to Naira Black Market Rate Today

Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Buying Rate N1160
Selling Rate N1165

Aboki dollar to naira today 2023

How much is 1 dollar in the Naira black market today? Exchange Rate of Dollar To Naira in Black Market Today-
Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Selling Rate 1160
Buying Rate 1165

How much is 1 dollar in Naira today 2023?

1 USD = 791.759596 NGN Nov 16, 2023

How much is Naira to a dollar today?

1 USD- 802.634 NGN
US Dollar to Nigerian Naira
USD NGN
1 USD 802.634 NGN
5 USD 4,013.17 NGN
10 USD 8,026.34 NGN
25 USD 20,065.8 NGN

Eight Firms Record N918.1 Billion Loss On Currency Revaluation

At the end of September 2023, eight firms declared an N918.1 billion loss due to a 68.55 percent decline in the value of the naira against

The Central Bank of Nigeria (CBN) has decided to allow the general market to determine the value of the local currency,

which has seen the naira fall from 461/$1 as of December 2022 to 777/$1 in September 2023.

An analysis of the financial statements of these firms showed that the devaluation of the naira from N465/$ at the end of May 2023 to N776.79/$ gave rise to this recorded exchange loss.

The firms include Dangote Sugar Refinery Plc, Dangote Cement Plc, Nestle Nigeria Plc, Nigerian Breweries Plc,

Guinness Nigeria Plc, MTN Nigeria Communications Plc, Airtel Africa Plc, MRS Oil Nigeria Plc, and Seplat Energy Plc

According to the World Bank, the naira is one of the worst-performing currencies in Africa; losing nearly 40 percent of its value since June.

This has negatively impacted firms like Dangote Sugar which recorded a revaluation loss of N90.99 billion.

 

How useful was this post?

Click on a star to rate it!

Average rating / 5. Vote count:

No votes so far! Be the first to rate this post.

As you found this post useful...

Follow us on social media!

We are sorry that this post was not useful for you!

Let us improve this post!

Tell us how we can improve this post?

Visited 23 times, 1 visit(s) today

Related Posts

Leave a Reply

Your email address will not be published. Required fields are marked *

Verified by MonsterInsights
DMCA.com Protection Status