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How Much Is Dollar To Naira Today In Black Market ( Exchange Rates ) 2017

How Much Is Dollar To Naira Today In Black Market ( Exchange Rates ) 2017

Everyone interested in knowing how much is Dollar to Naira Today in black market exchange rate updated daily on PRICE-Nigeria.COM, For online marketers, foreign exporters and those who based on exporting business this post will be updated daily for Black Market Dollar To Naira Exchange Rate, Interbank Dollar To Naira Rate, Bureau De Change Dollar To Naira Exchange Rate & Finally Parallel Market Rate.

EXCHANGE RATE DOLLAR TO NAIRA BLACK MARKET TODAY

How Much Is Dollar To Naira Today In Black Market Exchange Rates

Naira gained Strength against dollar recently at the parallel market. At the Black Market Dollar Now Trades For

How Much Is Dollar To Naira Today In Black Market Exchange Rate 2017

  • Buying: 1 USD To Naira N360

  • Selling: 1 USD To Ngn N363

At Bureau De Change Market, The Naira was sold at N3– to a dollar. Western Union trades N355.00 for a dollar and at Money gram window Dollar trades for 353.23

At the Inter bank window the Naira trades for N305, though Each banks sells dollars at different rate, gt bank trade dollar at N375 and Access Banks sells at N375.

A foreign exchange company Travellex sells dollar at the rate of N360 Suppressing the demand for dollar at parallel market thus lowering the sudden rise of dollar.

Read: Pounds To Naira Exchange Rate Today (BLACK MARKET)

Each and every second, the dollar to Naira rate changes as i mentioned earlier you can bookmark this page for the updated price of dollar, One of the major challenges of economist in Nigeria is how to stabilize the Naira to dollar, Looking at Naira among other currencies like Kenya Shillings, Ghana Cedis & South Africa Rands, Naira stills stands the lowest when compared, One of the key factor that causes tis major difference is the rise for dollar demands which happens to come from Importers & Dollar Round Trippers, CBN tried as much as possible to suppress this by Funding exccess FX to the market ABOUT 1.1 Billion USD was funded for Home, School & Hospital Bills which really did work, The demands lowered a little bit from 520 Naira to 455 Naira.

ALSO READ: Euro To Naira Exchange Rate (Black Market)

Who knows what might happen when the FX provided is exhausted, This actually means Funding FX for Banks won’t only solve the problem at ground but self production CAN, If there is some ways to produce major products that are highly imported to the country ourselves then the agility for requesting for Dollars will reduce thus lowering the pressure on Naira.

Tags: How Much Is Dollar To Naira Today In Black Market Exchange Rates 

Updated: October 30, 2017 — 11:53 am

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  1. Naira should beat dollar cos we can’t continue living like this…….#

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