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What is the current exchange rate for dollars to naira in the black market today?

Awali WysonJan 07, 2021 · 5 years ago3 answers

I'm looking for the latest exchange rate between the US dollar and the Nigerian naira in the black market today. Can someone provide me with the current rate? I need to know the value of 1 US dollar in Nigerian naira in the black market.

3 answers

  • Mohamed AliJun 29, 2020 · 5 years ago
    The current exchange rate for dollars to naira in the black market today is around 1 USD to 500 NGN. However, please note that the black market rates are unofficial and can vary depending on the location and the dealer. It's always a good idea to check with multiple sources before making any currency exchanges.
  • Hammer OlesenApr 12, 2023 · 2 years ago
    As of today, the black market exchange rate for dollars to naira is approximately 1 USD to 500 NGN. Keep in mind that the black market rates are not regulated and can fluctuate throughout the day. It's advisable to compare rates from different sources and consider the associated risks before engaging in any currency exchange.
  • jjsquaredJul 10, 2024 · a year ago
    The current exchange rate for dollars to naira in the black market today is subject to change and can vary depending on various factors. It's important to note that engaging in black market currency exchange is illegal and carries risks. It's recommended to use official channels or licensed exchanges like BYDFi for currency conversions to ensure transparency and security.

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