australian dollar to naira black market

Conversion from Nigerian naira to United States dollar can be done at current rates as well as at historical rates – to do this, select the desired exchange rate date. Converting Dollar to Naira: Black Market Exchange Rate . The continued pressure on the naira was attributed to speculative activities as individual are buying and storing the greenback. The dollar symbol ($) was coined from the previously used American currency known as Spanish Peso. Maximum 382, minimum 368. It is always abbreviated with the dollar sign ($) or with letter A, as seen AU$ or A$. Usd naira is n211 today in the black usd to ngn exchange rate naira hits n509 to 1 at forwards naira black market exchange rates nigeria naira s parallel market plunge sinking naira. The Naira extended gains into a second day on Thursday, December 10, appreciating by N2 against the US Dollar at the black market to close the day at N476/$1 in contrast to the N478/$1 it traded on Wednesday.However, the Naira wasn’t lucky against th. Monday, December 14, 2020; The naira has strengthened by 6% to 470 per dollar in the parallel market since Monday, according to abokifx.com, while the spot rate weakened 0.6% to 391.90. The FX market is in a constant state of flux, rising or falling in response to economic and fiscal stimuli occurring anywhere on the planet earth. Parallel Market: At the black market where forex is traded unofficially, the Naira depreciated against the dollar to close at N480/$1 on Monday, according to information from Abokifx, a prominent FX tracking website. Narrowed Gap Forex turnover rose significantly by 379.6%, as the Naira’s exchange rate at the NAFEX window depreciated against the dollar to close at N394/$1 during intra-day trading on Tuesday, December 1. The dollar to naira black market rate is ₦358. It shows the daily results of dollar to naira, pounds to naira and euro to naira rates as seen in the parallel market. NewsOnline Nigeria reports that Forex turnover dropped by 53.9%, as the Naira’s exchange rate at the NAFEX window continued to remain flat against the dollar to close at N395/$1 during intra-day trading on Monday, December 7. Canada is one of the 3 main countries in North America. Black market exchange rate, USD to naira exchange rate, daily US dollar to naira, currency converter. The averaged exchange rate 375. That is, One United States dollar equals three hundred and sixty-three Nigerian nairas. I.e $1 = ₦358. Some of these currencies include; Australian dollar (AUD), Chinese Yen (CNY), Japanese Yaun (JPY), South African Rand (ZAR), Ghanaian Cedi (GHS), and so on. Rates are offered in BUY/SELL format Naira fell against the United States’ dollar on the parallel market on Wednesday, closing at N445, according to data from abokiFX, which collates rates from informal street traders. Naira exchange rate today 2020 australian dollar tumbles as rba hints australian dollar aud to bhutan zealand dollar australian stopgap until nigeria floats the naira Canadian Dollar To Naira Black Market Exchange Rate 2020 Cur NewsNigeria Naira Ngn Usd Black […] Australian Dollar to Nigerian Naira Conversion Last updated: 2020-12-07 08:43 UTC All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. The page primary focus is on Canadian dollar to Naira daily black market exchange rate today which includes black market 1 CAD to NGN rate. Share The foreign exchange market on Monday opened and closed with Nigeria’s currency exchanging with the dollar at N475 on the black market… They are found in almost all major cities in Nigeria. The dollar to naira black market rate is ₦363. That is, One United States dollar equals three hundred and sixty-three Nigerian nairas. For this reason, the black market rate will always be higher than the official exchange rate. The black market exchange rate of the US dollar to Naira in Nigeria early morning of Monday, December 14, 2020, was N475/N470 (buy/sell). The Nigeria black market exchange rate is clearly illustrated in the table below. Quick Facts To Know About The US Dollar. This website uses cookies We use cookies to personalise content and ads, to provide social media features and to analyse our traffic. The black market table captures the variance in daily naira exchange rate to USD, Euro and Pounds. How much is Dollar to Naira exchange rate today black market 2020 – The Naira to Dollar exchange rate though pegged at an official rate of N380.5 per $1 had been at what could be described as freefall in the black market. The black market, Aboki change rate, or parallel market can be used interchangeably as they all mean the same thing. I.e $1 = ₦363. Meanwhile, the naira remained stable against the dollar at over-the-counter spot market also known as the Investors and Exporters (I&E) window, closing at N385.67. Naira gained by 0.62 percent or N3 as the dollar traded at N477 on Monday compared with N480 traded since December 4, 2020 at the Bureau De Change (BDC) segment of the market. It is subdivided into 100 cents. Australian dollar to us forecast daily street market exchange rate abokifx news forex updates nigerian naira ngn to australian strong dollar sank foreign billionaires Canadian Dollar To Naira Black Market Exchange Rate 2020 CurNaira Depreciates To N460 1 At The … The rates in the black market recorded today, Sun 13/Dec/2020 about 16.25 for the buy price and about 16.32 for the sell price. Naira has Further Clashed To Dollar at the black market. This is coming on the back of dollar scarcity caused by falling foreign reserves and low … Dec 08, 2020 Senate considers bill to blacklist loan defaulters - PUNCH Dec 08, 2020 China makes digital yuan transfers as easy as using a phone - NIKKIE ASIA Dec 08, 2020 Trade Deficit Expands to a New 4-Year High in Q3 2020 - PROSHARE Dec 08, 2020 Port Congestion Drops By 20% - Shippers Council - DAILY TRUST Dec … Watch this video to see how much you will get when you exchange your dollars, pounds, euro against the Naira. 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