PvtParts: ... Those funds will be channeled to the black market. Canadian Dollar To Naira Black Market Exchange Rate 2020 Cur News. Naira Falls Again at the Black Market Despite Economic Recovery... See Current Value Posted by George ... injecting $250 million. Track the exchange rate. This makes no movement for Emirati Dirham rate against Naira this week.. To have a monthly quick review, we see that Emirati Dirham to Naira exchange rate was ₦155 on Tuesday, December 01, … Giving the first indication of a target, Governor Godwin Emefiele said in a June 3 letter to Buhari -- seen by Reuters -- that the central bank hopes the naira will eventually trade at around 250 per dollar, a level the president has "approved". One naira in today’s market equals to 1.6129 Cefa. The CBN Governor, Mr Godwin Emefiele, said that only BDCs and banks with genuine demand for foreign exchange will get forex allocation. Both of these currencies are guaranteed by the French Treasury. Pounds to Naira. 10 Dec 2019 … The naira was trading on the black market at around 370 to the dollar on Thursday. Up to date Indian rupee to Naira black market exchange rate today. The Naira against the pound at the BDCs and black market sold for N307 and N314 respectively. EUR to NGN Chart. Importers with past due obligations have scrambled for hard currency while providers of foreign exchange, such as offshore investors, … It, however, exchanged against the Euro at N235 at the BDCs, while it sold for N237 at the black market. The loss recorded by the local currency against these two key foreign currencies came a day after the Central Bank of Nigeria (CBN) released $250 million into the forex market. Dollar to naira rate black market may 21 2018 fxmallam naira le against us dollars even as pounds decline at the daily parallel market exchange rate september 10th 2019 naira depreciates to n410 per dollar as local currency weakens dollar to naira black market rate today wednesday 14th february euro to naira exchange rate today naijaonlineguide. The averaged exchange rate 373. Dollar demand has been swelling and piling pressure on the naira. Dollar to Naira. Send money. The average bank would charge 44.65 EUR in hidden fees on this transaction. According to a report by Daily Times, the Naira-Dollar exchange rate now ranges between N250 – N265 to $1. Sending money abroad has never been easier. On the Investors & Exporters Foreign Exchange Window (IEFX), the Naira closed trading at N360.00 from N359.16 it … The Nigerian Naira, on Wednesday, August 30, soared higher at the parallel segment of the Nigerian Foreign exchange market. USD / CAD. Amount. It is enough reason for Naira to appreciate. USD to NGN forecast at the end of the month 373, the change for March 0.0%. The Nigerian Naira, on Tuesday, September 12, slumped slightly at the parallel segment of the Nigerian foreign exchange market. Naira Leaps As Dollar Skids To 3 Year Low Against Rs National Daily Newspaper . AUD / USD » ... traders said, selling $150 million at 407.18 naira on the forward market and $250 million at 395 naira on the spot market. Mid-market exchange rate at 22:09 UTC. On Tuesday at Aguda Market, Surulere Lagos the Mallams there told me they buying at 248 Naira Maximum 379, minimum 367. GBP / USD. Want to send money? Amount. Prevalent rates for the City of Lagos. Naira Exchange Rates Online. Nigerian Naira Ngn To Australian Dollar Aud Exchange Rates Today Fx Rate. Today’s Naira Black Market Exchange Rates. 1 EUR = 448.16200 NGN Mid-market exchange rate at 05:46 UTC. Q: What is 50 Euros in Nigerian Naira? In the Parallel or Black Market, you can buy 1 Cefa with NGN 620 and sell 1 Cefa for NGN 590. Try XE Money Transfer now. This represents a N7 gain when compared to the N465/$1 that it was exchanged for on Friday, October 2. The page primary focus is on Indian rupee to Naira daily black market exchange rate today which includes black market 1 INR ₹ to NGN ₦ rate. There are two CFA Franc currency or Cefa as you may know it. NAIRA (N) USD ($) EURO … Converted to. Convert Nigerian Naira To British Pound . By Adedapo Adesanya The Nigerian currency put up another woeful performance on Thursday at the foreign exchange market, declining against the three major external currencies at the parallel market; the Dollar, Pound Sterling and Euro. One important reason you ought … The report further states: The official market … Early this week I sold at Sheraton Abuja for 250 naira to 1 Euro. Secure. Send money. 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