Today Dollar (USD) to Naira (NGN) Black Market Exchange Rate – Feb 25, 2024

Are you eager to find out the modern-day dollar to Naira black marketplace price? appearance no in addition than Vista9ja your cross-to source for the ultra-modern updates at the Black marketplace, CBN, and AbokiFx quotes

Within the dynamic world of currency exchange, knowledge these costs may be vital for people and agencies alike.

The Black marketplace fee often offers extra favorable terms for those dealing in bucks in comparison to the CBN fee, and the savvy players on this marketplace are called Bureau De exchange (BDC) Operators or Abokis.

But earlier than we dive into the specifics, allow’s demystify the terms “buying” and “selling” of greenbacks.

Buying a dollar manner acquiring it with Naira, at the same time as selling involves exchanging your greenbacks for Naira at the winning black marketplace rate.

It’s important to comprehend these ideas to navigate the foreign exchange landscape efficiently.

Now, permit’s cope with the burning question, “what is the greenback To Naira Black marketplace exchange price for today?“

In line with insights amassed from area 4, Wuse Abuja, a bustling hub for currency exchange, the dollar was sold at ₦1,690.00 and bought at ₦1,750.00 these days.

Black marketplace/Aboki charge change table today

Allow’s spoil down the black marketplace expenses for diverse denominations. since the promoting rate stands at ₦1,690.00, we multiply it by means of the denomination in bucks to decide the equal fee in Naira.

How a great deal Is A dollar To Naira Black marketplace charge (Lagos)?

In Lagos, regarded for its colourful financial system and bustling markets, the black marketplace charge mirrors that of Abuja, status at ₦1,690.00. however, it’s worth noting that variations may also arise amongst exclusive exchangers in Lagos.

Dollar Conversion:

100$ is equal to ₦169,000.
one thousand$ is equivalent to ₦1,690,000.
5000$ is equivalent to ₦8,450,000.

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