Naira

Daily Naira Exchange Rates; Thursday, February 25, 2021

Published

3 years ago

February 25, 2021

Daily Naira Exchange Rates; Thursday, February 25, 2021

The Nigerian Naira traded at N480 to a United States Dollar in the early hours of Thursday, February 24, 2020 at the parallel market popularly known as the black market. While the British pound was exchanged at N672 and Euro sold for N583. See the details below.

Daily Naira Black Market Exchange Rates

Morning * Midday** Evening *** Final Rates

Date	USD	GBP	EURO	YUAN	Canadian	Australian
NGN	BUY/SELL	BUY/SELL	BUY/SELL	BUY/SELL	BUY/SELL	BUY/SELL
25/02/2021	475/480	662/672	575/583	60/68	385/395	282/300
24/02/2021	475/480	655/670	570/580	60/68	385/395	282/300
23/02/2021	475/480	655/665	575/582	60/68	385/395	282/300
22/02/2021	475/480	652/660	575/580	60/68	385/395	282/300
19/02/2021	474/478	648/655	570/577	60/68	385/395	282/300
18/02/2021	472/477	645/655	570/575	60/68	385/395	282/300
17/02/2021	472/478	645/655	570/575	60/68	385/395	282/300
16/02/2021	465/473	645/652	565/570	60/68	385/395	282/300
15/02/2021	465/473	642/652	562/570	60/68	385/395	282/300
12/02/2021	465/473	642/650	562/570	60/68	385/395	282/300
11/02/2021	465/475	640/650	560/570	60/70	385/400	280/300
10/02/2021	472/478	645/652	565/575	60/70	385/400	280/300
09/02/2021	474/480	645/655	567/575	60/70	385/400	280/300
08/02/2021	474/480	645/655	567/575	60/70	385/400	280/300
05/02/2021	474/480	645/653	567/578	60/70	385/400	280/300
04/02/2021	474/480	645/653	567/578	60/70	385/400	280/300
03/02/2021	474/480	642/655	575/580	60/70	385/400	280/300
02/02/2021	474/480	642/655	575/580	60/70	385/400	280/300
01/02/2021	474/480	642/655	575/580	60/70	385/400	280/300
29/01/2021	474/480	642/652	575/580	60/70	385/400	280/300

Bureau De Change Naira Rates

Date	USD	GBP	EURO
NGN	BUY/SELL	BUY/SELL	BUY/SELL
25/02/2021	470/480	658/665	574/580
24/02/2021	470/480	654/660	570/578
23/02/2021	470/478	654/660	570/578
22/02/2021	470/477	650/656	570/577
19/02/2021	465/476	645/656	565/573
18/02/2021	465/475	640/652	563/570
17/02/2021	465/477	640/655	562/572
16/02/2021	460/475	640/652	562/570
15/02/2021	460/475	638/652	561/568
12/02/2021	467/475	635/650	562/570
11/02/2021	465/475	640/655	560/575
10/02/2021	472/478	640/655	565/575
09/02/2021	472/478	640/655	565/575
08/02/2021	472/478	640/655	565/575
05/02/2021	472/478	640/650	565/575
04/02/2021	472/478	640/650	565/575
03/02/2021	471/478	640/650	572/580
02/02/2021	471/478	640/655	572/580
01/02/2021	471/478	640/655	572/580
29/01/2021	471/477	640/648	570/579

Central Bank of Nigeria’s Official Naira Rates

Date	Currency	Buying(NGN)	Central(NGN)	Selling(NGN)
2/24/2021	US DOLLAR	379	379.5	380
2/24/2021	POUNDS STERLING	535.7923	536.4992	537.206
2/24/2021	EURO	461.0914	461.6997	462.308
2/24/2021	SWISS FRANC	417.6309	418.1818	418.7328
2/24/2021	YEN	3.5805	3.5853	3.59
2/24/2021	CFA	0.6825	0.6925	0.7025
2/24/2021	WAUA	546.5445	547.2656	547.9866
2/24/2021	YUAN/RENMINBI	58.7606	58.8386	58.9166
2/24/2021	RIYAL	101.0505	101.1838	101.3171
2/24/2021	SOUTH AFRICAN RAND	26.0338	26.0681	26.1025

Up Next

Daily Naira Exchange Rates; Monday, March 1, 2021

Don't Miss

Daily Naira Exchange Rates; Wednesday, February 24, 2021

Samed Olukoya

Is the CEO/Founder of Investors King Limited. A proven foreign exchange research analyst and a published author on Yahoo Finance, Businessinsider, Nasdaq, Entrepreneur.com, Investorplace, and many more. He has over two decades of experience in global financial markets.

Comments

Naira

Dollar to Naira Black Market Today, April 30th, 2024

As of April 30th, 2024, the exchange rate for the US dollar to the Nigerian Naira stands at 1 USD to 1,340 NGN in the black market, also referred to as the parallel market or Aboki fx.

Published

2 days ago

April 30, 2024

Samed Olukoya

As of April 30th, 2024, the exchange rate for the US dollar to the Nigerian Naira stands at 1 USD to 1,340 NGN in the black market, also referred to as the parallel market or Aboki fx.

For those engaging in currency transactions in the Lagos Parallel Market (Black Market), buyers purchase a dollar for N1,310 and sell it at N1,300 on Monday, April 29th, 2024 based on information from Bureau De Change (BDC).

Meaning, the Naira exchange rate declined when compared to today’s rate below.

This black market rate signifies the value at which individuals can trade their dollars for Naira outside the official or regulated exchange channels.

Investors and participants closely monitor these parallel market rates for a more immediate reflection of currency dynamics.

How Much is Dollar to Naira Today in the Black Market?

Kindly be aware that the Central Bank of Nigeria (CBN) does not acknowledge the existence of the parallel market, commonly referred to as the black market.

The CBN has advised individuals seeking to participate in Forex transactions to utilize official banking channels.

Black Market Dollar to Naira Exchange Rate

Buying Rate: N1,340
Selling Rate: N1,330

Naira

Dollar to Naira Black Market Today, April 25th, 2024

As of April 25th, 2024, the exchange rate for the US dollar to the Nigerian Naira stands at 1 USD to 1,300 NGN in the black market, also referred to as the parallel market or Aboki fx.

Published

7 days ago

April 25, 2024

Samed Olukoya

Naira to Dollar Exchange- Investors King Rate - Investors King

As of April 25th, 2024, the exchange rate for the US dollar to the Nigerian Naira stands at 1 USD to 1,300 NGN in the black market, also referred to as the parallel market or Aboki fx.

For those engaging in currency transactions in the Lagos Parallel Market (Black Market), buyers purchase a dollar for N1,260 and sell it at N1,250 on Wednesday, April 24th, 2024 based on information from Bureau De Change (BDC).

Meaning, the Naira exchange rate declined when compared to today’s rate below.

This black market rate signifies the value at which individuals can trade their dollars for Naira outside the official or regulated exchange channels.

Investors and participants closely monitor these parallel market rates for a more immediate reflection of currency dynamics.

How Much is Dollar to Naira Today in the Black Market?

Kindly be aware that the Central Bank of Nigeria (CBN) does not acknowledge the existence of the parallel market, commonly referred to as the black market.

The CBN has advised individuals seeking to participate in Forex transactions to utilize official banking channels.

Black Market Dollar to Naira Exchange Rate

Buying Rate: N1,300
Selling Rate: N1,290

Naira

Dollar to Naira Black Market Today, April 24th, 2024

As of April 24th, 2024, the exchange rate for the US dollar to the Nigerian Naira stands at 1 USD to 1,260 NGN in the black market, also referred to as the parallel market or Aboki fx.

Published

1 week ago

April 24, 2024

Samed Olukoya

As of April 24th, 2024, the exchange rate for the US dollar to the Nigerian Naira stands at 1 USD to 1,260 NGN in the black market, also referred to as the parallel market or Aboki fx.

For those engaging in currency transactions in the Lagos Parallel Market (Black Market), buyers purchase a dollar for N1,250 and sell it at N1,240 on Tuesday, April 23rd, 2024 based on information from Bureau De Change (BDC).

Meaning, the Naira exchange rate declined slightly when compared to today’s rate below.

This black market rate signifies the value at which individuals can trade their dollars for Naira outside the official or regulated exchange channels.

Investors and participants closely monitor these parallel market rates for a more immediate reflection of currency dynamics.

How Much is Dollar to Naira Today in the Black Market?

Kindly be aware that the Central Bank of Nigeria (CBN) does not acknowledge the existence of the parallel market, commonly referred to as the black market.

The CBN has advised individuals seeking to participate in Forex transactions to utilize official banking channels.