Pound to Naira Exchange Rate (Black Market and CBN) Today, December 2020. Thus, one of the main cause of the existence of the parallel market is as a result of convenience. – — June 18th, 2018 (Wed): 356../..360 – – As far as the above factors continue to exist, then the black market exchange rate system will continue to be relevant to all residence in the country. Infact black market exchange rate became much pronounced more than ever in the history of Nigeria. Get Today's Dollar to Naira black market rate. This is further strengthened by CBNs endorsement to the reliability of the information published on the website. By Chibuzor Aguwa December 1, 2020. Nigeria Black Market Exchange Rate Today Monday, 9 November 2020. 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June 4th, 2018 (Wed): 358../..362 US Dollar rate is ₦475 against Naira in Black Market (Lagos) today, December 11, 2020. The black market exchange rate window is the hope of the average Nigerian out there. This is the black-market exchange rate. Buy Rate: 357 – Naira official exchange rate black naira falls at the black market despite nigeria lawmakers worry about gap parallel exchange rate in nigeria today naira parallel market nigeria is no black market exchange rate in nigeria. The exchange rate of Dollar to Naira is, therefore, the price of a unit of Dollar to naira. June 13th, 2018 (Fri): 358../..361 We have some which are of everyday use like the 1P, 2P, 5P, 10P, £1, £2, coins, £5, £10, £20 notes. Convert Euro, Pounds, and Dollar to Naira NGN. BUY RATE: 357 The Nigerian Naira (NGN) exchange rates represented on this page are live, updated every minute within the forex market's trading hours of 22:00 Sunday through 21:00 Friday GMT. The black market exchange rate of the US dollar to Naira in Nigeria early morning of Monday, December 14, 2020, was N475/N470 (buy/sell). Is it not possible that the higher the demand for the Naira, the more its value rises? Call John Paul on 07030635051 for account details, thanks! Here are some questions that you really need to ponder upon: August 2020 Black Market Exchange Rate September 1, 2020; September Exchange Rates (Naira Black Market) September 1, 2020; NNPC remittance to Federation Account reaches N1.87trn in one year August 31, 2020; Ghana Justifies $1m Levy on Nigerian Traders August 31, 2020; Nigeria’s foreign reserves rise by $70m in one week August 31, 2020 It is a much better idea of what the currency is actually worth that the official rate because it is actually matching up the number of willing buyers to the number of willing sellers. –, Exchange rate of Dollar to Naira for October, 2018. – The currency code for Nairas is NGN, and the currency symbol is ₦. – Buy: 357 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. 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