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Dollar to Naira Exchange Rate Today November 28, 2022
You will have a better chance to prepare and make wise choices if you are fully aware of the Dollar to NGN black market exchange rate…
You will have a better chance to prepare and make wise choices if you are fully aware of the Dollar to NGN black market exchange rate right now. The current USD/Naira exchange rate is shown below.
The Dollar To Naira Exchange Rate is ₦775, which means you can buy Dollars at ₦775and sell them at ₦765 when we examined local dealers’ reports on forex in Lagos and Abuja, respectively.
Additionally, the second-most traded currency, the Euro/Naira, sold on the black market for ₦792 and ₦782 respectively. Interestingly, the Pound To Naira Exchange Pricing is ₦920 at the moment, yet the black market rate to sell a pound is ₦900.
On Saturday, November 26, 2022, the black market in Lagos is trading one USD for ₦775. Black Market begins this week on Monday, November 21, 2022, with USD trading at ₦790. This brings the US Dollar’s weekly loss against the Naira to –0.15%
READ MORE: Dollar to Naira Exchange Rate Today November 26, 2022
Looking at this month, on Tuesday, November 1, 2022, USD was trading at ₦812 at the start of this month. As of right now, with the USD trading at ₦775, the USD/Naira exchange rate has decreased by -0.47% for the month.
Dollar to Naira Black Market Rate Today
Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
Selling Rate | ₦775 |
Buying Rate | ₦765 |
Dollar to Naira (USD to NGN) | CBN Official Exchange Rate Today |
Selling Rate | ₦443.26 |
Buying Rate | ₦443.26 |
Euro to Naira Black Market
Here is the current black market exchange rate between the Euro and the Naira, which is used in Abuja, Kano, and Lagos by Aboki and Bureau De Change (BDC). At other parallel (unofficial) markets, there might be a small variance.
Euro to Naira (EUR to NGN) | Exchange Rate Today |
Buying Rate | 792 |
Selling Rate | 782 |
Pounds to Naira Black Market
Here is the exchange rate used by Aboki/Bureau De Change (BDC) to buy and trade Great British Pounds (Pounds) on the black market today in Abuja, Kano, and Lagos. At other parallel (unofficial) markets, there might be a small variance.
Pounds to Naira (GBP to NGN) | Exchange Rate Today |
Buying Rate | 920 |
Selling Rate | 900 |
You must realize that the Naira is under pressure, which constantly keeps the FX market in a state of instability. Although it is impossible to forecast how the market will behave, we are doing our best to keep track of the daily Dollar to Naira exchange rate.
According to a reporter who visited the constantly crowded Wuse Zone 4, the center of bureau de change operators in Abuja noticed that the dollar was now being offered for ₦765, as opposed to the ₦775 it had been earlier. The price of a dollar was ₦765 in Lagos and ₦765 in Kano.
READ MORE: Dollar to Naira Exchange Rate Today November 23, 2022