Though in recent days it has been fluctuating, currently at a rate of. I would be highlighting below reasons why it is so.

To check this page for any changes in the dollar rate, save or bookmark the link below. The ridiculous part of the whole scenario is we bring in things like pampers and toothpick making us more of a consumer country rather a producing one. You may think there is nothing wrong with this but a closer look into our economy would show you that we are strengthening the dollars against the Naira since most international transactions are in dollars. We need to become a producing country so we could have more to export aside oil.

In the other way round, make an inferior product and label it made in US, Italy, Japan or even China and you would see how it would be rushed. This obsession with foreign goods had made our importers import more exchanging our Naira for the dollars which have decreased the value of Naira.

This obsession had even gone to another level that we now prefer services rendered by persons from foreign countries who would demand to payment in their currency rather than our own. Nigerians fly out to study outside the country and go for other services like medication, conferences, seminars, etc. It would be better if we can strike a balance in this.

It is no news that Nigeria demands largely on oil exports for its revenue and it is also no news that this oil has lost value in the world market in recent years due to various reasons. This had led to a reduction in our revenue which had also affected the Naira. If only we can diversify to grow the Naira.

The policies have been made by the Government had been a reason to. Just recently, there had been an outcry from some quarters that the Government had technical devalued the Naira, an allegation that the Government denied. Either way, many foreign investors had lost trust in the economy and had refused to invest.

This among other reason had been the reason Naira is depreciating against the dollar. In conclusion to How Much Dollar To Naira Exchange Rate Today Black Market , I would like both the citizens and the Government to give a helping hand to the Naira before it becomes an object of ridicule like the Zimbabwe currency. Nigerian exchange rate Dollar To Naira Exchange Rate Today Black Market , convert USD to naira dollar exchange rate today , exchange rate dollar to naira black market today , Nigerian currency exchange rate.

Hello Karim what you have above in the post is the current exchange rate as of today that am replying you. We need to start working individually and as a group to make Nigeria Great, then we can dream of one naira to one dollar. Seems the dollar is just going high and low with out control. Na wa for naija. I had to order for a Dollar Mastercard to safe myself from all this non regulated charges naijatec.

When u hv an kkkkkk for a president and an kkkkk as finance minister.. Businessmen are crying and yahoo bo ys are still blowing hard currencies lyk kkkk recession..

How many things are you yourself manufacturing and exporting? I trust Nigerians we know what to do next. Business mogul, I love ur comment, if government really ready to diversify our economy they should start from this ur points.

How much will I get if I exchange USD to Naira through Black market? Is it Naira per 1 USD? Also if I do it through Black Market and exchange to Naira, I could go back to the bank and exchange it back to USD for more money, is that true? The current exchange rate at of today at the parallel market is Regarding your question about recycling the naira back to dollar by going to change it in the bank.

No bank in Nigeria will give you dollar. Its left for you to use your head and find your own little secrete. I hope one our writers will be more objective than this. Toothpicks and toothpastes are not our problem. The major problem is the importation of refined crude.

This forces the dollar up and the naira down on demand and supply. Natural scarcity and artificial scarcity for dollar. Poor economic policies on cheap political gains. There are close local made substitutes for commodities imported to this country but the economic policies are not favourable to them strive in the economy.

The differal margin is slim and there by encourage more imports as a result the call for Usd increases and value ups. The market force in NGR is fuelled on the cost on transportation. These two exchange rate and cost of transportation.

Implementing a policy to fix the cause for importing refined crude will ease the economy both internationally and locally. When this problem is fixed the inflation will rate drop and stable. Hello Abdullahi Akanbi, We are actively working towards that, so please be patient with, we surely notify you when that service is ready. I have some dollar my sister sent from US. D bizness guy i sell to has traveled to China. Thanks for the good job admin. Meanwhile i have a suggestion to what you wrote in this article on here… since Nigeria is yet to come together and produce numerous goods which they can be exporting to those foreign countries especially the America herself, maybe we should encourage our yahoo boys to keep chatting those white people and get them to sending plenty foreign currency into our country.

Never mind me, just being silly. Hello Osmoy Such should never be encouraged, there are plus needed services that Jobless Nigerian can take advantage of, online.

Exchange Rate: Naira loses steam against dollar, sells at N/$ - Local - Pulse

Most youth just need the right guide and education. Hi, I did like you to send me daily Naira to US dollar and Naira to Aus dollar exchange rate daily. As far as Nigeria is concerned, it is only God who can stop what is happening in this country.

He either comes by destroying this country or killing all the people who are behind our sufferings like He did in Egypt.

Hello Chichi The current dollar to naira is what you have in the post above , it is updated daily.

US Dollar To Nigerian Naira Today's Rate 【$ 1 = ₦ 】 USD/NGN - Mataf

It is basically impossible. This is the bottomline, the nation wants to earn foreign currency but the infrastructure has kept her from performing the necessary functions that will lead her in earning foreign currency.

The government structure will help in this aspect by putting all necessary infrastructure in place. In consideration, have we looked into our attitudes? The country has to develop its road network in order to boost its locals and foreign investors.

It has to create more institutions or develop those that it has before to be more effective to handle all necessary sectors.

Soludo says Nigeria's official exchange rate 'redundant' - Premium Times Nigeria

And I would want a constant update on my mail pls make that happen thanks. We update the rate daily. Hey, Thanks so much for this post! This was really interesting. I am glad that you can view this post on mobile. I read everything off of my. Nigerian population is getting too much alongside the definition of what is considered critical. Overpopulation causes too much stress on the economy, agriculture, power, and all resources, which will eventually make it virtually impossible to sustain the nation and its peoples.

My bank charges me at the rate of Please we need cbn intervention in this matters. Our commercial banks are becoming threat to naira values every day. Your email address will not be published. Notify me of follow-up comments by email. Notify me of new posts by email. NaijaQuest Nigeria Top Information Portal that cut across Tech, Entertainment, Social Rating, News in Nigeria, Africa and the World.

Dollar to Naira Exchange Rate Today Black Market. June 19, — 1: July 20, at 7: August 13, at August 16, at 4: September 11, at September 18, at 3: Pls can you give us current black market exchange for the month os September January 17, at 9: January 17, at Hello Chidubem The current rate is what you have in the post above.

September 18, at 8: September 18, at 9: September 19, at 7: September 19, at 5: September 20, at November 21, at 7: September 26, at 1: September 26, at 3: September 27, at 8: September 28, at 9: OLADIPUPO ROTIMI Please i need updates on rate of dollar to naira. September 29, at 9: The current rate is stated in the post quoted and in orange colour. September 28, at December 26, at 4: September 30, at 9: October 8, at October 8, at 1: October 17, at 9: December 15, at 9: October 28, at 7: October 29, at 9: The rate in the post are updated in response to to increase or deduction in market rate.

October 29, at November 2, at 3: November 4, at April 29, at 1: November 6, at November 7, at 8: November 7, at 4: November 9, at November 9, at 1: November 9, at 7: November 11, at 8: November 11, at 2: November 12, at November 15, at 7: November 15, at Good Morning Casefile check within the post above for the rate, its updated daily.

November 18, at November 22, at 8: November 22, at November 23, at 4: November 23, at 5: November 23, at 8: November 23, at November 24, at 3: November 26, at 8: November 26, at 7: November 27, at 6: November 27, at December 12, at 8: December 14, at 3: December 15, at 2: December 26, at 6: December 27, at 5: December 27, at January 17, at 5: January 20, at 6: February 1, at 2: February 12, at February 13, at 1: This is a good practise, thanks.

Dollar to Naira - USD to NGN exchange rate - Find the best United States to Nigeria currency transfer

February 21, at February 26, at 4: March 2, at 5: Thanks bro, dollar keeps gaining on the naira in the blackmarket, this is vey serious. March 23, at March 27, at 9: April 17, at 8: Please kindly forward to my email those products that Nigeria often imports.

April 20, at 8: April 27, at April 27, at 8: Kindly check the post, the rates are updated daily. We would get back to you on the mail alert. May 2, at May 2, at 9: May 2, at 6: May 10, at 3: June 2, at 7: June 3, at 8: June 20, at 9: Leave a Reply Cancel reply Your email address will not be published. Fx Black Market Exchange Rate Today No posts yet. Recent Posts PROBLEMS OF WOMEN EDUCATION IN NIGERIA AND SOLUTIONS Cbn Exchange Rate: Categories Africa Airtel bank Biography business companies in nigeria company in Nigeria Entertainment Europe Finance Ghana glo Health Infinix Kenya mobile phones Nairaland Network news Nigeria ntel Price scholarships for Nigerian students Social Info south africa specs Startups Technology tecno Top 10 Uncategorized Universities wedding World.