Petrol pump price may sell above N340/litre by February 2022 December 1, 2021.Confusion as Canada introduces new pandemic travel measures December 3, 2021.Canada’s CIBC and TD raises dividend by 10%, to buy back shares December 3, 2021.Lionel Messi’s £30 million hotel in Barcelona set to be demolished December 7, 2021.Norwegian cruise ship reports COVID outbreak outside New Orleans December 7, 2021.California man arraigned for insurance fraud in ‘Paper Collision’ scheme December 7, 2021.Canada’s homegrown COVID-19 vaccine shows high efficacy – CBC report December 8, 2021.
Why Bitcoin ‘founder’ is to keep 1 million Bitcoin December 9, 2021.African content creators to get $30,000 funding December 9, 2021.Bank account holders must now have TIN to operate accounts December 9, 2021.Finance bill 2022 Nigeria: how it will affect you December 13, 2021.The symbol for the Naira is ₦, while the code is NGN. The Central Bank of Nigeria issues and regulates the currency. The official currency used by Nigeria is known as the Naira and its subunit is called 1 kobo. Some of these countries include – Ecuador, Zimbabwe, Canada, East Timor, Palau, Federated States of Micronesia, Panama, Turks and Caicos Island, Marshall Island, El Salvador, Caribbean Netherlands, British Virgin Islands, etc. However, some other countries have their currencies Dollar as part of their name but their exchange rates are quite different from that of the United States Dollar. A subunit of the USD is known as 1 Cent, and the symbols of Cent and Dollar are (¢) and $ respectively. The United States Dollar (USD) is generally accepted as a universal currency for international trade. It is important you get yourself acquainted with these terms when you are trying to trade or exchange dollars to Naira in various financial institutions or money exchangers. The selling rate is the reverse of the buying rate which is the value the traders in the above markets will sell 1 Dollar to you when you pay in Naira, and it is always higher than the buying rate. The buying rate refers to the amount in Naira that one receives after exchanging his/her 1 Dollar in any of the market segments that is the Central Bank of Nigeria, FX Market, Nigerian Banks, Western Union, MoneyGram, or from the black market traders. However, the rate contained here is sourced from the Lagos Market which is ₦ 573.00.Ĭheck out other US Dollar USD to Naira rates below:īuying and Selling Dollar and Naira Black Market Terminologies Defined Usually, this difference is not more than ₦ 2.00. The rates often vary slightly from city to city in Nigeria such as in Abuja, Lagos, Port Harcourt, Kano, Calabar. The Dollar to Naira Black Market rate for today in Lagos, Nigeria is ₦ 573.00 as of 13 December 2021.ġ USD = ₦ 573.00 How much is Dollar to Naira in Black Market today? Exchange Rate Dollar to Naira in Black Market Today
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