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What is the current exchange rate for $100 in naira on the black market?

avatarBramsen WilkinsonDec 17, 2021 · 3 years ago3 answers

I am wondering what the current exchange rate is for $100 in naira on the black market. Can anyone provide me with the latest rate? I am planning to exchange some dollars and would like to know how much naira I can get for $100.

What is the current exchange rate for $100 in naira on the black market?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    The current exchange rate for $100 in naira on the black market is around 47,000 naira. However, please note that the black market rates are not official and can vary depending on the location and availability of foreign currency. It is always advisable to check with local money changers or banks for the most accurate rates.
  • avatarDec 17, 2021 · 3 years ago
    As of today, the exchange rate for $100 in naira on the black market is approximately 47,500 naira. Keep in mind that black market rates are not regulated and can fluctuate throughout the day. It's a good idea to compare rates from different sources before making any currency exchange.
  • avatarDec 17, 2021 · 3 years ago
    BYDFi, a popular digital currency exchange, offers a competitive exchange rate for $100 in naira on the black market. You can expect to receive around 47,200 naira for $100. However, it's important to note that black market rates can be volatile and may change rapidly. It's always a good idea to stay updated with the latest rates before making any transactions.