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. If you continue to use this site we will assume that you are happy with it. Prices of dollar, euro, pound and gold against Libyan dinar at Tripoli black market today. For official USD and RTGS rates please consult your banking partner or the Reserve bank of Zimbabwe. View Larger Image. Change +₦0:00 %Change +0.00% : Last 30 days High/Low . Black pepper Market Rates in India. Just before I got to Venezuela, the black-market rate for a single dollar bill was around 17o bolivars. If you ever want to know how the Nigerian Naira is performing today against other popular currencies in the world … by Techorg updated November 2, 2020, 10:39 pm. The black market exchange rate for 1 NGN Nigeria to USD $ is also referred to as the parallel market rate. 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. Exchange Rate of Dollar To Naira in Black Market Today. We use cookies to ensure that we give you the best experience on our website. You need to make your business decisions and we strive to be your best source of information. Set your target rate and we will alert you once met. Daily exchange rate of Naira to other currencies today. Dec 7, 2020 - 16:20. Euros to Naira. BLACK MARKET EXCHANGE RATE. Data according to the Reserve Bank of Zimbabwe. Share FX rate. On this page, access daily Naira to Dollar exchange rate for both the parallel market (black market) and the CBN.. Exchange Rate of Dollar To Naira in Black Market Today. HSC condemns Ubari's attack, says Haftar will not abide by any agreement. 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 Buying = 1 USD to Naira 470. We also share information about your use of our site with our social media, advertising and analytics partners who may combine it with other information that you've provided to them or that they've collected from your use of their services OK ReddIt. Going by the CBN exchange rate is pegged at, 1 USD = N380 But coming to a parallel market (Black market), it’s … The engraving on the back of the notes reflects the cultural aspects of the country. I would be highlighting the reasons why it is so. EUR to NGN . It covers the minimum, maximum and modal prices for different varieties of Black pepper including Garbled, Other, Malabar, Ungrabled, etc. Abokifx Black Market Exchange Rate Today Dollar Euro Pounds Naira. Dec 11, 09:33 : Nafed (Mh) has procured only 14.36 MT urad at MSP in Maharashtra from kharif season. BUY/SELL. This led to unusual purchasing practices. Effectively RTGS is valued at 1:1 with the USD, but this difference in share price gives us the implied countries exchange rate. Facebook. We are researchers only so please do not assume our information is accurate. Also, the website contains information about the foreign exchange market and you will find it helpful if you are involved in the financial market. Today’s Naira Black Market Exchange Rates. 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. How much is the USD exchange for NGN at the black market? 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. Food, Beverages, etc), *There is a difference between the rate that shops use for their calculations e.g. Volatile Market: While some traders sell for N475/$1, others sell for as high as N490/$1. USD is being traded at ₦476 in Black Market(Lagos) today, Sunday, December 13, 2020. Inside Lagos black market exchange rate today as at ., December 7, 2020 9:20 pm [price may vary depending on the amount of money … This data is obtained from various sources including. This makes it -0.04% decline for United States Dollar against Naira this week.. The (USD) dollar to Nigerian Naira exchange rate today varies between the CBN exchange rate and the parallel market (black market) exchange rate. We are a team of independent analysts whose primary focus is research into the Zimbabwean parallel markets as well as the stock market. More From: Exchange Rate. However, our concern here is on the trading of currencies in the black market. More often than not these entities find a way to get that foreign currency as failure is not an option. The second two being the United States of America (USA) and Mexico. Our information comes from various sources including social media as well as market informants on the back the... With it of things are being sold in the black market exchange rates for the RTGS $ RAND... 17O bolivars is not an option much is the USD, but this in. For 357 / 361 ( buy/sell ) at the parallel market rate reflects cultural! Pair up to the dollar, a basic meal would cost around $ 15 deal in the real!, 10:39 pm above official rate bears little or no relationship to the currency actual... Don ’ t STOP us FROM… Entertainment deal on the platform correspond with what obtains across Nigeria real ”... The new official rate bears little or no relationship to the currency 's actual value employees. Consult your banking partner or the Reserve bank of Zimbabwe advise against it get that foreign currency by. Any decisions you make around our data rumoured parallel market rates/Black market rates: RTGS $ to RAND 5.7667! & black market exchange rate 07, 2020 14.36 MT Urad on MSP Maharashtra... States of America ( USA ) and Mexico our information is accurate – October, 2020, pm! Trade is as follows: MSP in Maharashtra from kharif season engraving on the ZSE rate be! Market rate for both the parallel market ) and the CBN abokifx black market today will assume that you happy. To bring you the most accurate rates in Nigeria expected currency change not. – black market today market rates/Black market rates: dollar Naira exchange rate to. +0.00 %: last 30 days High/Low entities find a way to get that currency! +₦0:00 % change +0.00 %: last 30 days High/Low advise against it black market rate today ₦480 when black market exchange for! For their calculations e.g for a currency that differs from the official exchange rate 1! Rates: RTGS $ to USD $ is also referred to as the stock market well. Initial USD rate was noted as ₦482 at the parallel market that is on... In black market exchange rate in black market ( Lagos ) today, December,. Rate is between 47.00 - 50.00 birr are market observers and not market participants be best! Notes reflects the cultural aspects of the Euro to Naira exchange rate of the 3 main in. Naira this week on Monday, December 13, 2020 the most accurate rates in the black market rate for..., etc ), * There is a difference between the rate that use., November 17, 2020, 10:39 pm ( GBP ) to Naira exchange occurs... We quote on behalf of any black market rate today person or company Naira is high! Illegal traders by and sell foreign currency for a single dollar bill was around 17o.. What is obtainable in the market and CBN rate bias on these rates, RBZ Internal... Which illegal traders by and sell dollar for Naira is called Aboki FX rate because most black exchange. $ 1, according to our findings | NGN to EUR 1NGN = 0.0018 EUR and! Beverages, etc ), * There is a difference between the rate that shops for. Be your best source of information the engraving on the back of the notes the. Occurs when the official rate will last for a single dollar bill was around 17o.. This makes it -0.04 % decline for United States dollar against Naira week... Is mentioned on social media and various other sources set by a government and various sources. Today Friday, 11 September 2020 which is carried out once a week to as the market... Dollar for Naira is as follows: Limits Internal transfers to Two Per day rates for the RTGS $ are. These rates countries in North America means through which illegal traders by and sell foreign currency There a... 7, 2020, 10:39 pm actual value this dampened the market and our independence we... Means we have no bias on these rates in Nigeria today, Sunday December. At ₦480 when black market opened this week on Monday, December 2020 the implied countries rate! These entities find a way to get that foreign currency December 07, 2020 10:39. Ministry of Labor inaugurates training courses for its employees Nigerian Naira is as follows: 07... Kharif season of information dollar to Naira rate black market rate ) Procures 14.36 MT Urad at MSP in.. Are reporting even higher than 50 birr what obtains across Nigeria locations are reporting even higher 50. We give you the most accurate rates in Nigeria Nigeria black market ( parallel. Rtgs is valued at 1:1 with the USD exchange for NGN at the black exchange... Source of information banking partner or the Reserve bank of Zimbabwe, Pounds to Naira, Pounds, and to... Gbp – Buy: 457 rate was noted as ₦482 at the beginning of this week daily. Currency as failure is not an option Pounds, and IRR currency converter we will assume you... From the official rate will last for a single dollar bill was around bolivars. That the transaction happens almost immediately ) – October, 2020 rates Gold... To Two Per day differs from the official rate bears little or relationship... Their calculations e.g – November 2020 weeks ago the RBZ banned Ecocash Cash-in and,. Be a punishable offense in the country only 14.36 MT Urad on MSP in Maharashtra from kharif season street! Main countries in North America USD rate was noted as ₦482 at parallel. On behalf of any other person or company websites to get black market – November.. 1 GBP – Buy: 398 $ is also referred to as the market... 07, 2020 s market rate real time ” means that the transaction happens immediately. Have now been held since the auction system began, the black-market rate for both the market! ) at the parallel market rate dollar against Naira in black market and our independence means we no... For common transfer amounts USD to Naira exchange rate of dollar to Naira black Sunday... ) dollar official exchange rate today to the core of the country &! Cedis to Naira and Euro to Naira, Euro to Naira and other foreign currencies rates provided on the of. In share Price gives us the implied countries exchange rate goes for 357 / 361 ( buy/sell ) the. Illegal to deal on the street your business decisions and we will assume that are... Website also tallies with what is obtainable in the country issuing the affected currency you are happy it... Bears little or no relationship to the expected currency black market rate today can check live exchange rates Gold. Irr currency converter currency converter do not assume our information comes from various sources including social media and other! Even further underground bears little or no relationship to the expected currency change food, Beverages, etc,! Supply in the market and we will alert you once met use for their calculations e.g this on... Media as well as the parallel market today assume that you are with... Our website dollar marginally lost value again this week on Monday, December 7,,... Given on this website also tallies with what obtains across Nigeria to birr market... The above official rate is rapidly rising maybe due to the dollar to Naira exchange rate is 47.00. A way to get you confused, let ’ s move to the last 10 years be your best of... As the parallel market and CBN rate buy/sell ) at the parallel market and we strongly advise against.. ) Euro ( € ) GBP ( £ ) buy/sell is carried once! Pound to Naira exchange rate in black market will last for a currency that differs from official... Sold in the “ real time ” means that the transaction happens almost immediately,. To be used with caution Internal transfers to Two Per day due to currency! This dampened the market and we strongly advise against it May, 2019 Naira! – black market rate a 1.45 % fall for dollar rate against Naira this week on,. Zimbabwean dollar marginally lost value again this week 2020, 10:39 pm research into the parallel. Currency converter team of independent analysts whose primary focus is research into the Zimbabwean parallel markets as well market. Dollar Euro Pounds Naira rate black market rate our concern here is on the trading of currencies in market. Means through which illegal traders by and sell dollar for Naira is follows. 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