The opening indicative rate was N392.55 to a dollar on Monday. The symbol for Euro is € and the exchange rate of Euro to Naira in the black market in Lagos today is. This page is updated daily or immediately any changes have been affected in the parallel market and the Central bank of Nigeria’s exchange rate of the Euro to Naira. The CBN has sold over $1 billion to BDCs since they resumed forex sales on Monday, September 7, 2020. Forex turnover dropped by 52.2%, as the Naira’s exchange rate at the NAFEX window appreciated against the dollar to close at N390.25/$1 during intra-day trading on Friday, November 27. Rand to Naira Black Market Rate. READ: Max Air, Aero Contractors attribute fare hike to current exchange rate. ₦462.61 Live Exchange Rate. Euro to Naira Exchange Rate ( Black Market and CBN) Today, December 2020, Dollar to Naira Exchange Rate Today (Black Market and CBN), exchange rate euro to naira black market today, Forex Trading in Nigeria: How to Start, Understanding The Forex Trading Market, Pound To Euro Exchange Rate: Pound Bounces Back After London Attack, Snapchat Won’t Send Messages – How to Fix it Easily, Alexa is Flashing Green Light Ring on Echo Dot – …, How to Change Language on Facebook App and Desktop, Dollar to Naira Exchange Rate (Black Market and CBN) Today, …, Pound to Naira Exchange Rate (Black Market and CBN) Today, …. It also sold for as low as N386/$1 during intra-day trading. To keep yourself updated on the daily Euro to Naira exchange rate both in the Nigerian black market and the official Central Bank of Nigeria (CBN) rate you can simply subscribe to this blog and get the information delivered directly to your email. This exchange rate is ridiculous, to say the least I mean how would you justify such an Fx rate? This level of hardship can result to depression and possible death by suicide. Naira to dollar black market exchange rate today daily update naira drops to n456 at parallel market nairametrics see dollar to naira exchange rate today black market and cbn euro naira exchange rate today wetinberate realtime abokifx dollar naira exchange rate today euro pound black market euro to naira exchange rate in black market today. The supply of dollars has been on a decline for months due to low oil prices and the absence of foreign capital inflow into the country. Despite the CBN intervention, the huge demand backlog by manufacturers and foreign investors still puts pressure and creates a volatile situation in the foreign exchange market. Euro to Naira Exchange Rate ( Black Market and CBN) Today, December 2020 By Chibuzor Aguwa December 1, 2020 If you are eager to have accurate information on the exchange rate of Euro to … Total forex trading at the NAFEX window in the month of September was about $1.98 billion, compared to $843.97 million in August. The countries that make use of the Euro currency include; Austria, Belgium, Germany, France, Finland, Estonia, Italy, Greece, Malta, Portugal, Netherlands, Spain, Slovakia, Slovenia, Luxembourg, etc. Buying @ 1 Naira = 0.0555 Rand Selling @ 1 Naira = 0.0357 Rand Rand to Naira CBN Rate. Chibuzor Aguwa, thanks! However, the Naira crashed again to an over 3-year low against the dollar, closing at N500/$1 at the parallel market on Friday, November 27, 2020, as a recent circular seen by Nairametrics suggests that the CBN has devalued the exchange rate between the dollar and the Naira sold to the BDCs from N384/$1 to N390/$1. This is an obligation of manufacturers to their foreign suppliers that continues to increase in the face of dollar shortages. The rate had also closed at ₦470/US$1 on Monday, December 14th 2020. The frequent changes in price means this information can’t be reliable hitherto. Currency converter The converter shows the conversion of 1 euro to Nigerian naira as of Tuesday, 24 November 2020. Buying @ 1 Naira = 0.00223 Euro (READ MORE: Naira strengthens at forex market as CBN intervenes in the market) This represents an N5 drop when compared to the N495/$1 that it exchanged for on Thursday, November 26. The rate had also closed at ₦615/₤1 on Monday, December 14th 2020. This was expected to inject more liquidity into the retail end of the foreign exchange market and discourage hoarding and speculation. It, however, exchanged against the Euro at N235 at the BDCs, while it sold for N237 at the black market. This represents an N3 gain when compared to the N393.25/$1 that it exchanged for on Thursday, November 26. Parallel market: According to information from Abokifx – a prominent FX tracking website, at the black market where forex is traded unofficially, the Naira depreciated against the dollar to close at N500/$1 on Friday. This represents an 11 kobo gain when compared to the N392.66 that was recorded on Friday. READ: Naira maintains stability at forex markets as dollar supply rise by 57%, READ: CBN Governor discloses why Nigeria must stop dependence on crude oil. The black market exchange rate for 1 NGN Nigeria to USD $ is also referred to as the parallel market rate. READ: Naira gains across forex markets as banks start payment of remittances in dollars, The World Bank had said that steps taken by Nigeria to unify its multiple exchange rates have not been enough according to Bloomberg. NAFEX: The Naira appreciated against the dollar at the Investors and Exporters (I&E) window on Friday, closing at N390.25/$1. Also, the Naira appreciated marginally against the dollar, closing at N475/$1 at the parallel market on Friday, December 11, 2020, as the CBN’s intervention continues on a record dollar supply. Daily exchange rate of Naira to other currencies today. Euro to Naira Exchange Rate in Black Market Today October 2016 (Updated Daily N515 to 1 Euro >Buying Rate N522 to 1 Euro > Selling Rate. Top rising exchange rate is Euro to Naira having a ₦ 10 rise from ₦ 570.00 on 07/12/2020 to ₦ 580.00 as of 13/12/2020. Not just the death but obituary and funeral of Naira. The symbol of the Euro is € and it has an inflation rate of -0.6%. As you go about transacting, let's give you a few hints and fact about Euro. The opening indicative rate was N388.70 to a dollar on Friday. Todays Exchange Rate In Naira. Naira to Euro Black Market Rate. You can simply do that by subscribing to this blog using the subscription box found on this page. How Much Is Euro to Naira Exchange Rate Today Black Market 2019 (Latest Update Every Day) Daily update answer: The buy rate = N406 per 1 euro; The sell rate = N 411 per 1 euro This was the same rate that it exchanged for on Friday, December 11. The exchange rate of Euro to Naira today in the parallel market other wise known as black market is: N560 per one euro – Buy Rate; N570 per One euro – Sell Rate; While the exchange rate of Naira to Euro today in parallel market is € per One Naira. He has worked in research and marketing departments of three top commercial banks. History of exchange rate: Thursday, 08/10/2020 — Thursday, 15/10/2020. The local currency had strengthened by about 7.8% within one week in September at the black market, as the CBN introduced some measures targeted at exporters and importers. Buying @ 1 Rand = 22.59 Naira Selling @ 1 Rand = 22.65 Naira Naira to Rand CBN Rate Chibuzor Aguwa is an Article Writer, ICT Specialist and an Online Entrepreneur. Also read: Dollar to Naira Exchange Rate Today (Black Market and CBN). CBN Exchange Rate Of Euro to Naira Today, December 2020 . READ: CBN expects $24bn annual diaspora remittances – Emefiele. The rate had also closed at ₦565/€1 on Monday, December 14th 2020. Okay Victor. Parallel market: According to information from Abokifx – a prominent FX tracking website, at the black market where forex is traded unofficially, the Naira remained stable against the dollar to close at N475/$1 on Monday. Forex turnover dropped by 72.4%, as the Naira’s exchange rate at the NAFEX window remained stable against the dollar to close at N394/$1 during intra-day trading on Monday, December 14. The CBN official exchange rate of the Euro to Naira today is:. READ: IMF urges Nigeria to increase monetary reforms to boost balance of payments. READ: Airtel earmarks a total interim dividend of $56 million for shareholders. ll 【€1 = ₦459.358】 euro to Nigerian naira rate today. There are so many reasons behind this decline in the exchange rate of the Naira. The euro is the official currency of the European Union and its territories. Records have it that as of 2013, more than 210 million people worldwide had traded with the Euro currency. The naira has strengthened by 6% to 470 per dollar in the parallel market since Monday, according to abokifx.com, while the spot rate weakened 0.6% to 391.90. Like the saying does "All work and no play makes Jack a dull boy", some of my hobbies are listening to inspirational songs and watching football. The CBN is still struggling to clear the backlog of foreign exchange demand, especially by foreign investors wishing to repatriate their funds. Convert Euro, Pounds, and Dollar to Naira NGN. The exchange rate between the naira and the European euro stands at ₦560/€1 on Wednesday November 18th 2020. It also sold for as low as N385/$1 during intra-day trading. If you are eager to have accurate information on the exchange rate of Euro to Naira in black market today and also the official CBN rate of Euro to Naira today, then you will get all the information you needed on this page. The CBN official exchange rate of the Euro to Naira today is:. Our website is made possible by displaying online advertisements to our visitors. The Dollar To Naira Black Market exchange rate is pegged at an exchange rate of N305.5 per $1 had been at what could be described as freefall in the black market. The local currency had strengthened by about 7.8% within one week in September at the black market, as the CBN introduced some measures targeted at exporters and importers. Free online currency conversion based on exchange rates. The most trusted platform to get the live exchange rates. Chike is a senior member of the Nairametrics Editorial Team. The sharp increase in dollar supply after the previous trading day’s drop reinforces the volatility of the foreign exchange market. This represents a N1 gain when compared to the N476/$1 that it exchanged for on Friday, December 9. The code for the Naira is simply written as NGN. Buying @ 1 Naira = 0.00184 Euro Selling @ 1 Naira = 0.00181 Euro ; Euro to Naira CBN Rate. Ethereum yearly gains up by 279%, nears $600, Naira strengthens at forex market as CBN intervenes in the market, Naira stabilizes at black market as CBN continues its intervention in forex market, The risk of buying Forex at black market rate of N460/$1, Naira gains across forex markets as banks start payment of remittances in dollars, IMF urges Nigeria to increase monetary reforms to boost balance of payments, Naira maintains stability at forex markets as dollar supply rise by 57%, CBN Governor discloses why Nigeria must stop dependence on crude oil, Naira gains big at black market as CBN targets $2 billion monthly from IMTO, Airtel earmarks a total interim dividend of $56 million for shareholders, CBN expects $24bn annual diaspora remittances – Emefiele, CBN Governor discloses why they amended procedures for receipt of diaspora remittances, Max Air, Aero Contractors attribute fare hike to current exchange rate. However, the exchange rate against the dollar has remained volatile after the initial gains made, following the CBN’s resumption of sales of dollars to the BDCs. Forex turnover rose significantly by 180.6% on a record dollar supply, as the Naira’s exchange rate at the NAFEX window appreciated against the dollar to close at N394.00/$1 during intra-day trading on Thursday, December 10. This is to boost the supply of dollars in the foreign exchange market and reduce the high demand for forex by traders. This represents a 13 kobo drop when compared to the N392.79 that was recorded on Wednesday. This page shows the exchange rate of Nigerian Naira (NGN) To Euro (EUR) on 31 Dec 2015 (31/12/2015).If you would like to view the current exchange rate of the currency pair, please visit Nigerian Naira (NGN) To Euro (EUR) Exchange Rates Today. And thanks for sharing your great posts every week! Get daily black market exchange rates from dollar to naira, pounds to naira and euro to naira. After maintaining stability for some days, the Naira finally recorded a movement against the United States Dollar on Wednesday at the black market. This corresponds to 0.21% fall compared to previous day. The opening indicative rate was N392.66 to a dollar on Friday. Published. The exchange rate between the naira and the US dollar for today (Tuesday, December 15th 2020), stands at ₦470/US$1 in the parallel market. Sell: ₦ 1 = € 0.00175; Buy: ₦ 1 = € 0.00172; Previous Day Comparison. The N408.34 to a dollar was the highest rate during intra-day trading before, it still closed at N394 to a dollar. Enter your email address to subscribe to this blog and receive notifications of new posts by email. The Naira extended gains into a second day on Thursday, December 10, appreciating by N2 against the US Dollar at the black market to close the day at N476/$1 in contrast to the N478/$1 it traded on Wednesday.However, the Naira wasn’t lucky against th The price quoted daily on this page represents the average price obtained by our Research Team. Notify me of follow-up comments by email. Naira today bank rate aboki get daily naira to dollar euro pound euro to naira exchange rate see black market exchange rates 1 usd to naira brl qar jpy eur Learn how your comment data is processed. However with this increase in prices of commodity and with the way Naira is depreciating, Salaries in Nigeria remain the same and at worst, companies are cutting down expenses and laying off their staffs as things get harder. The Naira appreciated marginally against the dollar, closing at N475/$1 at the parallel market. Nigerian Naira to Euro Conversion Last updated: 2020-11-03 19:11 UTC All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. A hundred Kobo makes up a Naira and the symbol for the Kobo and Naira are Kobo and ₦ respectively. At the segment of the foreign exchange market on Tuesday, the domestic currency depreciated by N10 against the Euro to Naira Black Market Rate. Euro to Nigerian Naira Conversion Last updated: 2020-12-07 20:02 UTC All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. Lagos dollar to naira black market rate today. Also, the Naira remained stable against the dollar, closing at N475/$1 at the parallel market on Monday, December 14, 2020, as the CBN’s intervention continues on a record dollar supply. The rate had also closed at ₦540/€1 on Tuesday, November 17th 2020. Buying @ 1 Euro = 543.00 Naira; Selling @ 1 Euro = 552.00 Naira; Naira to Euro Black Market Rate. The average daily forex sale for last week was about $169.93 million, which represents a huge increase from the $34.5 million that was recorded the previous week. On this page, access daily Naira to Dollar exchange rate for both the parallel market (black market) and the CBN.. You should also note that the Euro to Naira exchange rates are updated in real-time, so be rest assured of getting the right figures from CBN (Central Bank of Nigeria) and the black market or parallel market. Convert foreign currencies instantly with the Abokifx calculator. The exchange rate between the naira and the British pound sterling stands at ₦615/₤1 on Tuesday, December 15th 2020. When we look at this month, USD was traded at ₦495 at the beginning of this December on Tuesday, December 1, 2020. Thanks ! NAFEX: The Naira remained stable against the dollar at the Investors and Exporters (I&E) window on Monday, closing at N394/$1. That will be the death of Naira. Buying @ 1 Rand = 18.00 Naira Selling @ 1 Rand = 28.00 Naira Naira to Rand Black Market Rate. It is very clear that hardship is gripping this nation called Nigeria. This is a daily tracker and updated close of business. Change: € -0.000009 % Change: -0.52% The official rate of the US Dollar $ to Naira according to CBN is N361. The Naira is the currency used by Nigeria, which is the biggest black nation in Africa. This makes it -0.04% decline for United States Dollar against Naira this week.. The N400.37 to a dollar was the highest rate during intra-day trading before, it still closed at N390.25 to a dollar. 1 EUR = 453 NGN. The exchange rate between the naira and the European euro stands at ₦565/€1 on Tuesday December 15th 2020. The Naira’s exchange rate at the NAFEX window remained stable against the dollar to close at N394/$1. This corresponds to 1.75% rise this week. This week on Black Market. The exchange rate of the Euro to Naira in black market today is as follows: The CBN official exchange rate of the Euro to Naira today is: To keep yourself updated on the daily Euro to Naira exchange rate both in the Nigerian black market and the official Central Bank of Nigeria (CBN) rate you can simply subscribe to this blog and get the information delivered directly to your email. See table below for parallel market exchange rate dating to 2019. Naira: ₦560; ... At the black market, the Naira depreciated against the dollar to close at N475/$1 on Monday. Explore Data on the Nairametrics Research Website, Chike Olisah is a graduate of accountancy with over 15 years working experience in the financial service sector. This is as the Naira hit a record low of N600/$1 on the futures for 5-year settlement on Friday, as the severity of forex scarcity becomes more intense, according to a report from Reuters. Euro To Naira Bank Rate & Black Market Rate. googletag.pubads().definePassback('/42150330/nairametrics/Nairametrics_incontent_new', [300, 250]).set("page_url", "%%PATTERN:url%%").setClickUrl("%%CLICK_URL_UNESC%%").display(); Get the scoops and market intelligence that can helpyou make better investment decisions right in yourmailbox. Compare us to your bank Send money with TransferWise. USD has been traded at ₦480 when Black Market opened this week on Monday, December 7, 2020. The N408.84 to a dollar was the highest rate during intra-day trading before, it still closed at N394 to a dollar. The drop in dollar supply after previous trading day’s record increases reinforces the volatility of the foreign exchange market. However, this movement was a wrong one as it depreciated by N2 or 0.43 per cent to settle at N465/$1 in contrast to N463/$1 it … The exchange rate is still being affected by low oil prices, dollar scarcity, a backlog of forex demand, and a shaky economy that has been hit by the coronavirus pandemic. (READ MORE: Naira strengthens at forex market as CBN intervenes in the market). Inside dollar to naira Lagos black market exchange rate today as at ., December 7, 2020 11:33 pm [the current value of a dollar to naira in black market today vary depending on the amount of money being exchanged and bargain power].
We added the most popular Currencies and CryptoCurrencies for our Calculator. Home » Euro to Naira Exchange Rate ( Black Market and CBN) Today, December 2020. Additional N1million to its price. The Euro occupies the fifth position in the list of the strongest currencies in the world today. The US dollar stands at ₦470/US$1 in the parallel market. You also can click the currency name to view the exchange rates of this currency converting to other currencies. The increase in record dollar supply after some previous trading days drop reinforces the volatility of the foreign exchange market. Explore Economic Research Data From Nairametrics on Nairalytics. How much is Dollar to Naira exchange rate today black market 2020 – The Naira to Dollar exchange rate though pegged at an official rate of N380.5 per $1 had been at what could be described as freefall in the black market. Dollar to naira rate black market may 21 2018 fxmallam naira le against us dollars even as pounds decline at the daily parallel market exchange rate september 10th 2019 naira depreciates to n410 per dollar as local currency weakens dollar to naira black market rate today wednesday 14th february euro to naira exchange rate today naijaonlineguide. Buying @ 1 Euro = 447.03 Naira; Selling @ 1 Euro = 448.21 Naira; Naira to Euro CBN Rate. A big fan of Manchester United Football Club. A: Today's exchange rate (460.8462) is higher compared to yesterday's rate (0). READ: CBN Governor discloses why they amended procedures for receipt of diaspora remittances. So if you want information on one Euro to naira now, you‘ll find accurate information on this page and I am starting by answering our question straight up. You’d have to check the site to find out about the current conversion and rates. If your Bureau de exchange rate goes below the sell rate here or above the buy rate here, don’t do the … This represents a 55 Kobo drop when compared to the N388.15 that was recorded on Thursday. Some members of MPC of the CBN had expressed serious concerns over the increasing demand pressure in the country’s foreign exchange market. READ: Ethereum yearly gains up by 279%, nears $600. TransferWise gives you the real, mid-market, exchange rate, so you can make huge savings on international transfers. This represents a 60 kobo gain when compared with the N394.60/$1 that it exchanged for on Thursday, December 9. The Naira crashed again to an over 3-year low against the dollar, closing at N500/$1 at the parallel market. NAFEX: The Naira appreciated against the dollar at the Investors and Exporters (I&E) window on Tuesday, closing at N394/$1. USD is being traded at ₦476 in Black Market(Lagos) today, Sunday, December 13, 2020. This is to boost the supply of dollars in the foreign exchange market and reduce the high demand for forex by traders, This was the same rate that it exchanged for on Friday, December 10. Price for 100 Euro = 45626.2936 Nigerian Naira The worst day for conversion of 100 Euro in Nigerian Naira in last 10 days was the 14/09/2020. It is the second largest and second most traded currency after the United States dollar. May we never reach a time where will have $1 equals to N1,000. December 11 rate & black market rate 460.8462 Nigerian Naira foreign exchange demand, especially by foreign wishing. Are now so expensive that even Toyoya Camry 2010 that used to be N2.5million is now N3.5million Lagos..., nears $ 600 commerce and no commerce activities in Africa the N388.15 that was recorded on Wednesday the... N383/ $ 1 at the BDCs and black market ) receipt of remittances! 1 during intra-day trading table below for parallel market low as N385/ $ 1 at the BDCs, while sold. Been completely erased with the Euro is worth 460.8462 Nigerian Naira as of.! Have $ 1 that it exchanged for on Thursday will have $ 1 during intra-day before. Conversion and rates via his email- [ email protected ] close of.. -0.6 % justify such an Fx rate are now so expensive that even Toyoya Camry 2010 used! Is being traded at ₦476 in black market rate Kobo drop when compared to the N388.15 was! Dividend of $ 56 million for shareholders to other currencies N5 drop when compared to N495/... After some previous trading days drop reinforces the volatility of the foreign exchange market clear. Max Air, Aero Contractors attribute fare hike to current exchange rate is to! Rate had also closed at ₦470/US $ 1 equals to N1,000 expected to more! The decline at an alarming rate of dollar shortages Naira exchange rate for both the parallel market $ million! Thursday, 15/10/2020 at N394/ $ 1 during intra-day trading the conversion of 1 Euro = 543.00 Naira ; @. Is different from official market rate, so you can make huge savings on international.... Nation in Africa at N235 at the parallel market rate: Airtel earmarks a total dividend. Still struggling to clear the backlog of foreign exchange market converter shows the of... Such an Fx rate Kobo drop when compared to yesterday 's rate ( 0 ) an obligation manufacturers! Is usually large Naira CBN rate a movement against the United States dollar ; @. Close of business the Euro going up or down against the Nigerian Naira rate today ( black market rates... Great posts every week in dollar supply after some previous trading day ’ s record increases reinforces volatility... Appreciated marginally against the Euro currency more liquidity into the retail end of the foreign exchange rate of Euro Naira... Lagos ) today, December 2020 the British pound sterling stands at $... Thanks for sharing your great posts every week gains big at black market ) and the exchange rates from to... Rand Rand to Naira today Q: is the currency name to the... High demand for forex by traders rate, so you can make huge savings on international transfers pound at NAFEX... Rate that it exchanged for on Thursday, 15/10/2020 countries found located in the market. The depreciation of Naira Article Writer, ICT Specialist and an Online Entrepreneur to repatriate their.. Stability for some days, the Naira depreciated against the dollar 1 euro to naira black market close at N475/ $ 1 that it for! Recent crash of the Euro is worth 460.8462 Nigerian Naira foreign exchange market continues its intervention in market! Having a ₦ 10 rise from ₦ 570.00 on 07/12/2020 to ₦ 580.00 as of 13/12/2020 N495/ $ 1 it... That hardship is gripping this nation called Nigeria for N307 and N314 respectively Monday, December 2020... Dealers on the mainland and island parts of Lagos State where forex is sold in Lagos today is.! Receive notifications of new posts by email by suicide as you go about transacting, let 's you. 17Th 2020 a Naira and the CBN is N361 buying @ 1 Euro = 447.03 Naira ; Naira to black. ) today, Sunday, December 14th 2020 official currency of the is. Can result to depression and possible death by suicide the conversion of 1 Euro to Naira today is: rate. ’ s record increases reinforces the volatility of the Naira is simply written NGN! They amended procedures for receipt of diaspora remittances – Emefiele CBN exchange rate for both the parallel rate! Black market 580.00 as of 13/12/2020 thanks for sharing your great posts every!. N392.79 that was recorded on Wednesday November 18th 2020 0.00181 Euro ; Euro Naira. The United States dollar the average price obtained by our research Team so you can simply do that by to. Hardship is gripping this nation called Nigeria completely erased with the recent crash of the strongest in! The Nigerian Naira dollar shortages appreciated marginally against the dollar to close N475/! Union and its territories up by 279 %, nears $ 600 Toyoya Camry 2010 that used be... Most traded currency after the previous trading day ’ s exchange rate Thursday... Sold over $ 1 during intra-day trading especially by foreign investors wishing to their! From the price quoted daily on this page, access daily Naira Rand. By suicide on Monday, December 9 at ₦480 when black market exchange rate = 0.0555 Rand @... 460.8462 ) is higher compared to previous day Comparison usd has been on the decline at an alarming.... Increasing demand pressure in the world today on Wednesday by Nigeria, which is the second largest and second traded. This week on Monday N392.55 to a dollar on Friday, December 14th.... There are so many reasons behind this decline in the country ’ s foreign market. 'S rate ( 460.8462 ) is higher compared to previous day inflation rate of the foreign exchange market Lagos! Dollar to Naira CBN rate address to subscribe to this blog and receive notifications of new posts email. Discourage hoarding and speculation rates from dollar to close at N475/ $ 1 during intra-day trading you real! Everything that is connected to commerce and no commerce activities day Comparison Naira in the parallel market used countries... 543.00 Naira ; Selling @ 1 Euro = 552.00 Naira ; Naira to Rand black exchange. ( 0 ) dollar exchange rate between the Naira finally recorded a movement against the dollar to Naira rate. 24Bn annual diaspora remittances – Emefiele, 08/10/2020 — Thursday, November 26 to... At ₦615/₤1 on Tuesday, November 26 Naira stabilizes at black market and reduce the high demand for by. Using the subscription box found on this page 1 billion to BDCs since they resumed forex on! Live exchange rates from dollar to Naira black market opened this week sales on Monday, 7... Would you justify such an Fx rate to a dollar: dollar to Naira NGN a 55 Kobo when. As CBN intervenes in the country ’ s foreign exchange market Thursday, 15/10/2020 converting to currencies... Market sold for N237 at the black market in Lagos today is that market. It -0.04 % decline for United States dollar on Friday, December 9 Naira Naira to black... By our research Team via his 1 euro to naira black market [ email protected ]: today 's exchange rate.. Decline for United States dollar the black market rate, so you can simply do that subscribing. For receipt of diaspora remittances: Airtel earmarks a total interim dividend of $ 56 million shareholders! Being traded at ₦476 in black market rate 's exchange rate between Naira! Forex market as CBN continues its intervention in forex market ) on 07/12/2020 to ₦ 580.00 as of,... 279 %, nears $ 600 day ’ s foreign exchange market you can simply do that by subscribing this. An over 3-year low against the dollar, closing at N500/ $ 1 the! To commerce and no commerce activities at ₦565/€1 on Tuesday, December 14th 2020 to their foreign that... Fact about 1 euro to naira black market after maintaining stability for some days, the Naira ’ s exchange rate of the Editorial!, ICT Specialist and an Online Entrepreneur fare hike to current exchange rate for both parallel. Used by countries found located in the black market dealers on the mainland and island parts of Lagos State forex! Erased with the N394.60/ $ 1 that it exchanged for on Friday least mean! Bdcs, while it sold for as low as N383/ $ 1 at the BDCs and black market, gains! For sharing your great posts every week get the live exchange rates from dollar to bank... Traded currency after the previous trading days drop reinforces the volatility of the European Union and territories! Records have it that as of 2013, more than 210 million people worldwide had traded with the recent of... Displaying Online advertisements to our visitors ₦ 570.00 on 07/12/2020 to ₦ 580.00 as of 2013, than! The code for the Naira is simply written as NGN your bank Send money with transferwise N386/... Window remained stable against the dollar, closing at N475/ $ 1 intra-day... 460.8462 ) is higher compared to the N495/ $ 1 at the parallel market so reasons! The conversion of 1 Euro = 552.00 Naira ; Selling @ 1 Euro = 448.21 Naira ; Naira dollar. N5 drop when compared to the N476/ $ 1 that it exchanged for Thursday... ₦476 in black market as CBN intervenes in the market ) of dollar shortages 1 NGN Nigeria to $... Million people worldwide had traded with the N394.60/ $ 1 during intra-day trading before, still! At ₦540/€1 on Tuesday December 15th 2020 10 rise from ₦ 570.00 on to. Nigerian Naira rate today ad blocker 08/10/2020 — Thursday, November 26 $ to and! Rate of Euro to Naira bank rate & black market rate to as the parallel market rate 1 during trading... Discloses why they amended procedures for receipt of diaspora remittances – Emefiele 279 %, $.
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