Naira to Dollar Aboki Black Market Exchange Rate Today
Naira to Dollar Aboki Black Market Exchange Rate Today
Currency exchange rates can fluctuate faster than the weather, so staying informed about the value of your money is crucial. Fortunately, platforms like AbokiFX Limited have stepped up to the plate, making it easier for Nigerians to keep track of the parallel market foreign exchange rates for the Naira.
In this write-up, we’ll be looking into the current Naira to Dollar Aboki Black Market Exchange Rate Today but before that let’s take a closer look at what AbokiFX limited is.
What is AbokiFX Limited?
AbokiFX Limited is not just another website; it’s your one-stop destination for real-time updates on the parallel market foreign exchange rates in Nigeria.
Founded by Iroche Chukwuemeka, this online application platform has quickly become a trusted source for Naira exchange rates.
Why “Aboki”?
You might be wondering about the name – “Aboki” is a Hausa word that means “friend.”
In Nigeria, it’s commonly used to refer to a trusted and reliable friend.
And that’s precisely what AbokiFX aims to be – your trustworthy friend in navigating the currency exchange market.
What Can AbokiFX Do for You?
Real-Time Exchange Rates
Aboki Rate Platform excels in providing real-time exchange rates. Whether you’re interested in the USD, GBP, EUR, or any other currency, AbokiFX keeps you updated with the latest rates in the parallel market.
So, if you’re planning to make an international purchase or trade, you can stay well-informed.
User-Friendly Interface
One of AbokiFX’s strengths is its user-friendly interface.
Navigating through the website or app is quite easy, even for those not well-versed in finance.
You don’t need to be a financial expert to understand the information presented – it’s all there, plain and simple.
Historical Data
If you’re curious about how exchange rates have fluctuated over time, AbokiFX has you covered.
You can access historical data to track trends, helping you make informed financial decisions.
Forex News and Updates
Aboki Rate Platform doesn’t stop at providing exchange rates.
It also offers valuable insights into the foreign exchange market.
Stay updated with the latest news, analysis, and expert opinions to stay ahead of the game.
Mobile Accessibility
Having information at your fingertips is essential.
AbokiFX understands this and offers a mobile app, ensuring that you can check exchange rates and updates anytime, anywhere.
Trustworthiness and Reliability
When it comes to financial information, trust is paramount. AbokiFX has gained a reputation for reliability and accuracy.
The platform gathers data from multiple sources to provide the most precise exchange rates possible.
Current Naira to Dollar Aboki Black Market Exchange Rate Today
Below are the full details on the current Naira to Dollar Aboki Black Market Exchange Rate Today:
On September 11, 2023, the black market exchange rate for USD to Naira stood at 935 NGN for buying and 925 NGN for selling.
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This represents a slight increase compared to the previous day when it was trading at 930 NGN for buying and 920 NGN for selling.
The Naira To Dollar Aboki Exchange Rate for the Past 7 Days
Let’s take a quick look at how the USD to Naira exchange rate has performed over the past week:
September 10, 2023: 930 (Buy) / 920 (Sell)
September 9, 2023: 932 (Buy) / 920 (Sell)
September 8, 2023: 930 (Buy) / 920 (Sell)
September 7, 2023: 931 (Buy) / 915 (Sell)
September 6, 2023: 925 (Buy) / 915 (Sell)
September 5, 2023: 925 (Buy) / 912 (Sell)
September 4, 2023: 918 (Buy) / 915 (Sell)
It’s evident that the USD to Naira exchange rate has experienced some fluctuations over the past week, indicating the volatility of the black market.
Other Major Currency Rates
Apart from the Naira to dollar aboki exchange rate, other major currencies are also being traded in the black market. Here are the rates for some of them:
Pound to Naira (GBP to NGN): 1195 (Buy) / 1185 (Sell)
Canadian Dollar to Naira (CAD to NGN): 800 (Buy) / 775 (Sell)
These exchange rates provide insights into the value of various currencies in the black market, reflecting the demand and supply dynamics.
The constant fluctuations in the Naira’s value are influenced by various factors, including economic conditions, global events, and government policies.
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The black market remains a crucial indicator of the Naira’s true value and its stability.
FAQs On Naira to Dollar Aboki Black Market Exchange Rate Today
Here are some frequently asked questions on Naira to Dollar Aboki Black Market Exchange Rate Today with answers:
How much is $1 to Naira in the black market?
$1 is currently equivalent to N918 in the black market.
How much is $100 Naira in the black market rate?
$100 is equivalent to N91,800 in the black market.
How much is $1 dollar in Naira now?
$1 is currently worth N918 in the black market.
How much is $100 dollars in Naira?
$100 is equivalent to N92,900 in the black market.
How much is Naira selling to the dollar?
The Naira is currently selling at the rate of N918 to the dollar in the black market.
How much is $500 in Nigeria right now?
$500 is equivalent to N378,519 in the black market.
Please note that these exchange rates are based on the information available as of September 11, 2023, and are subject to change due to the volatile nature of the black market.
Conclusion
As the Naira remains under pressure, the black market exchange rate plays a vital role in understanding its true value and planning financial transactions.
Keeping a close watch on these exchange rates is essential for anyone dealing with foreign currencies in Nigeria.
