The local unit traded at 415 naira per dollar according to abokiFX. As at yesterday evening, i heard Cefa is 354 to 1 Naira. Nigeria lawmakers worry about gap between official black market nigerian naira black market rate weakest in three years how much is dollar to naira in black market february 2020 us dollar to naira black market exchange rates ngnrates naira to dollar exchange rate black market 2016 best image of usd naira is n211 today in the black market 280115. Moreover, in the black market currencies exchange, the British Pound denomination will determine how much the bureau de … Lately, at the forward market, the naira recently depreciated exchanging at an all-time high against the dollar, with the 5 years non-deliverable forwards falling to N570/$1 from N413/$1Nigeria’s central bank maintains it has enough dollars to meet demand as it commenced the sale of forex last week. (Bloomberg) -- The Nigerian currency depreciated to its weakest level since February 2017 in the unofficial black market after the country’s central bank cut supply to dealers. Today’s Naira Black Market Rates. So the exchange rate they buy and sell dollar for naira is called black market rate. The black market exchange rate of the US dollar to Naira in Nigeria early morning of Wednesday, December 9, 2020, was N483/N470 (buy/sell).. Disclaimer: This data is collated from various black market dealers in Lagos, Nigeria, meaning the price you find on this page WILL be slightly different from what you get in your state or street. Rand to Naira Black Market Rate. Convert CFA Franc (BEAC) To Nigerian Naira . Dollar To Naira In Black Market. The page primary focus is on XOF to NGN daily black market exchange rate today which includes black market 1 XOF to NGN rate. This is because effective policies have been laid by the Financial communities to ensure stability of the currency in the world market. Actual rates may vary slightly based on vendor. Nigerian Naira to CFA Franc Conversion Last updated: 2020-12-11 08:41 UTC All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. Use "Swap currencies" to make Central African CFA the default currency. Dollar to Naira Rate Black Market March 30 2020. At any point in the last few years, Nigeria’s naira has always had multiple exchange rates. The devaluation of Naira against dollar helps in the strengthening of CFA. 10000 NGN = 14594.67699 XAF. NAIRA(₦) USD($) EURO(€) GBP(£) Buy/Sell: Buy/Sell: Buy/Sell: 11/12/2020: 470/475 Today’s Naira Black Market Exchange Rates. 1 (XOF) West African CFA Franc= 0.6889 (NGN) Nigerian Naira (sixty-nine kobo) ↻ 1 Nigerian Naira = 1.4517 West African CFA Franc. If the Naira can be valued in the foreign market, the CFA will have a currency to contend with. It simply means the exchange rate of 1 usd to naira on the street. Exchange Rates Updated: Nov 27,2020 06:55 UTC. Buying @ 1 Rand = 22.59 Naira Selling @ 1 Rand = 22.65 Naira Naira … CBN is an acronym for Central Bank of Nigeria. The Exchange rate of dollar to naira has seen the NGN Naira have mixed fortunes against the USD Dollars during the course of the year. Pounds to Naira. The dollar changes for more there. Share. Narrowed Gap This Nigerian Naira and Central African CFA convertor is up to date with exchange rates from December 10, 2020.. Nigeria s naira reciates to n430 on parallel market global financial digest cfa to naira exchange rate black market october 2020 techanism how much is 100 dollars usd to ngn according the foreign exchange rate for today euro to naira exchange rate black market october 2020 techanism euro to naira exchange rate black market october 2020 techanism 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. 1 NGN = 1.44643 XOF. Hi, As at today 1 Naira=2.9546 XAF ()If u are using the bank,it will be slightly different from that of Black market,however for someone who loves playing with these 2 currencies, rest assured that converting CFA to Naira is the best thing u can do right now and converting Naira to CFA is … Up to date West African CFA franc XOF to Naira exchange rate today black market. Related Tags: convert 1 naira to cfa | naira to cfa black market today |1 cfa franc to naira | 1000 cfa franc to naira | Cameroon currency to naira |1000000 cfa to naira | 500 cfa to naira. The Pound Sterling (GBP), is the official currency of the United Kingdom, Jersey, Guernsey, the Isle of Man, South Georgia and the … Buying @ 1 Rand = 18.00 Naira Selling @ 1 Rand = 28.00 Naira Naira to Rand Black Market Rate. One naira in today’s market equals to 1.6129 Cefa. Dollar to Naira black market rate today Friday, 11th August 2017 is N363/N366.. 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. ZAR Buy / Sell. It is called Aboki FX rate because most black market agents are Abokis. Hi guys and gals, we all know how important Cefa is to us in Auto section. The current exchange rate at the BDC and the black market has defied the CBN’s FX adjustment where it directed the BDCs to sell dollars at N392 to the end-users. Naira to Dollar Rate on Black Market Today Stood at N463 The Nigerian Naira to dollar rate slid slightly against the United States dollar on Tuesday on the black market as social unrest continues to weigh on the nation’s economic outlook. A: One Nigerian Naira is worth 1.421 West African CFA Francs today Q: Is the Nigerian Naira going up or down against the West African CFA Franc? Website uses cookies We use cookies to personalise content and ads, to provide social features... Communities to ensure stability of the currency in the foreign market, the CFA will have a to... … at any point in the strengthening of CFA features and to analyse our traffic of the in! Falls to N496.50k on black market 1 XOF to NGN daily black market rate market March 2020! 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