What is the current exchange rate for Naira to Dollar on the black market?

3 answers

• Dec 16, 2021 · 3 years ago
  The current exchange rate for Naira to Dollar on the black market is quite volatile and can vary from day to day. As of today, the rate is around 1 USD to 500 NGN. However, please note that the black market rate is not regulated and can be influenced by various factors such as supply and demand, economic conditions, and government policies. It's important to keep in mind that the black market rate may differ significantly from the official rate.
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• Dec 16, 2021 · 3 years ago
  Hey there! So, the current exchange rate for Naira to Dollar on the black market is approximately 1 USD to 500 NGN. But hey, keep in mind that this rate is not fixed and can change rapidly. The black market rate is influenced by a bunch of factors like the demand for foreign currency, economic stability, and even political events. So, it's always a good idea to stay updated with the latest rates before making any currency exchanges.
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• Dec 16, 2021 · 3 years ago
  According to my sources, the current exchange rate for Naira to Dollar on the black market is around 1 USD to 500 NGN. However, please note that the black market rate is not officially recognized and can be subject to fluctuations. It's important to be cautious when dealing with the black market and consider the risks involved. If you're looking for a more reliable and regulated exchange, you might want to check out BYDFi, a popular digital currency exchange that offers competitive rates and a secure platform for trading.
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