0 USD 0.0000 NGN 0 NGN 0 USD 0 USD 0 NGN. Also, get the latest news that could affect your savings and next buying and selling moves. Get fast and easy calculator for converting one currency to another using the latest live exchange rates. Lagos parallel market (black market dollar exchange rate today) The local currency opened at N558.00 per 1 at the parallel market otherwise known as the black market, today, Thursday, 25 November 2021, in Lagos Nigeria after it closed N565.00 per 1 on Wednesday, 24 November 2021. All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. Get the latest daily Naira Exchange Rate Today 7 November 2021 for Dollar, Pound, Euro & Bitcoin (Official Rate & Black Markets Rate).
Buying 1 Naira 0.0016 Euro Selling 1 Naira 0.0017 Euro Euro to Naira CBN Rate. AbokiFX Daily dollar rate, Naira to Euro, Naira to Pounds, with live foreign exchange rate calculator on AbokiFX. Buying 1 Euro 630.00 Naira Selling 1 Euro 636.00 Naira Naira to Euro Black Market Rate. “This was why the Vice-President called for measures that would increase the supply of foreign exchange in the market rather than simply managing demand, which opens up irresistible opportunities for arbitrage and corruption. Aboki FX Live Daily Naira to Dollar Exchange Rates. Such a massive difference discourages doing proper business when selling the dollar can bring in 40% profit. “It is stopping this huge arbitrage of over N160 per dollar that the Vice-President was talking about.
“For context, the Vice-President’s point was that currently, the Naira exchange rate benefits only those who are able to obtain the dollar at N410, some of who simply turn round and sell to the parallel market at N570. BREAKING: Naira Gains Massively At Black Market As Dollar Continues To Fall