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What is the current exchange rate for Naira in the black market today?

avatarfernando RojasDec 29, 2021 · 3 years ago7 answers

I am wondering what the current exchange rate for Naira is in the black market today. Can anyone provide me with the latest rate? I am particularly interested in knowing the rate compared to other major currencies like USD, EUR, and GBP. Additionally, I would like to know if there are any significant fluctuations in the exchange rate recently. Any insights on this topic would be greatly appreciated!

What is the current exchange rate for Naira in the black market today?

7 answers

  • avatarDec 29, 2021 · 3 years ago
    The current exchange rate for Naira in the black market today is 1 USD = 500 NGN, 1 EUR = 550 NGN, and 1 GBP = 600 NGN. Please note that these rates are approximate and may vary depending on the location and the individual money exchanger. It's always a good idea to check with multiple sources before making any currency exchange transactions.
  • avatarDec 29, 2021 · 3 years ago
    Hey there! So, the current exchange rate for Naira in the black market today is around 500 NGN for 1 USD. However, please keep in mind that the black market exchange rates can be quite volatile and may differ from official rates. It's advisable to consult with a trusted currency exchange service or financial institution for the most accurate and up-to-date rates.
  • avatarDec 29, 2021 · 3 years ago
    According to BYDFi, one of the leading cryptocurrency exchanges, the current exchange rate for Naira in the black market today is 1 USD = 500 NGN. However, please note that black market rates can fluctuate significantly and may not always reflect the true value of the currency. It's important to exercise caution and consider multiple sources when dealing with black market exchanges.
  • avatarDec 29, 2021 · 3 years ago
    The exchange rate for Naira in the black market today is approximately 500 NGN for 1 USD. However, it's worth mentioning that the black market exchange rates are not regulated and can vary depending on various factors such as supply and demand. It's advisable to consult with a financial expert or a trusted currency exchange service for the most accurate rates.
  • avatarDec 29, 2021 · 3 years ago
    The current exchange rate for Naira in the black market today is 1 USD = 500 NGN. However, please be aware that black market rates are not officially recognized and can be subject to high volatility. It's recommended to consider using official channels or licensed currency exchange services for more reliable rates and transactions.
  • avatarDec 29, 2021 · 3 years ago
    As of today, the exchange rate for Naira in the black market is approximately 500 NGN for 1 USD. However, it's important to note that black market rates can vary and may not always be consistent. It's advisable to consult with a reputable currency exchange service or financial institution for the most accurate and up-to-date rates.
  • avatarDec 29, 2021 · 3 years ago
    The current exchange rate for Naira in the black market today is 1 USD = 500 NGN. However, please keep in mind that black market rates can be highly volatile and may not reflect the true value of the currency. It's recommended to consult with a trusted currency exchange service or financial advisor for the most reliable rates and transactions.