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Naira Black Market Exchange Rate To Dollar, Pound, Euro, 1st September 2022

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Naira to dollar black market exchange rate, dollar to naira, pound to naira, euro to naira, and others, September 1st, 2022, can be accessed below.

On this page, CityNews Nigeria compiles black market exchange rates of different currencies daily during the week so our readers can easily have access to the black market exchange rate of several currencies exchanged against the Nigerian naira each day for the week.

Below is the naira to dollar black market exchange rate for today…

Parallel Market Rates: black market exchange rate: dollar to naira black market, euro to naira today black market, and pound to naira today black market.
Parallel Market Rates
dollar
BUY
dollar699
DOLLAR (USD)
SELL
dollar702
pound sterling
BUY
dollar832
POUND (GBP)
SELL
dollar845
euro
BUY
dollar685
EURO (EUR)
SELL
dollar701
canadian dollar
BUY
dollar490
DOLLAR (CAD)
SELL
dollar510
Rand
BUY
dollar31
RAND (ZAR)
SELL
dollar38
dirham aed
BUY
dollar155
DIRHAM (AED)
SELL
dollar160
yuan
BUY
dollar80
YUAN (CNY)
SELL
dollar90
ghanian cedi
BUY
dollar75
G.CEDI (GHS)
SELL
dollar85
xof
BUY
dollar945
CFA F.(XOF)
SELL
dollar965
xaf
BUY
dollar900
CFA F.(XAF)
SELL
dollar920

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As the Naira is falling, inflation takes over the economy which usually affects the citizens. Central Bank Governor, Godwin Emefiele has said that the Nigerian Economy needs a massive turnaround and has urged Nigerians to work towards it.

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The black market commonly referred to as the Aboki market rate for dollars is usually higher than the exchange rate at the banks which is usually regulated by the Central Bank of Nigeria (CBN). The CBN Exchange rate is the rate you can buy or sell dollars for naira listed on the CBN dollar to naira rate website cbn.gov.ng.

Dollar to Naira bank rate is the rate you use when purchasing something from foreign websites using your Naira Mastercard or Debit card from Nigerian Banks. These rates normally would always be lower than what is obtainable in the black market.

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READ ALSO:   Black Market Dollar To Naira Exchange Rate Today 14th November 2023
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What’s your take on the Dollar to Naira Black Market Exchange Rate Today? let us know what you think and how the Government can work with the CBN to provide reasonable USD to naira rates in the future.

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