Blog Post

Cloudnewsmag > News > Business > Today Dollar to Naira Black Market Exchange Rate – Feb 20, 2024

Today Dollar to Naira Black Market Exchange Rate – Feb 20, 2024

Today Dollar to Naira Black Market Exchange Rate – Feb 20, 2024 can be accessed below.

Based on the latest information from Zone 4, Wuse Abuja, a key location for currency trading, the Dollar to Naira exchange rate in the black market today is as follows: the Dollar was purchased at ₦1,700.00 and sold for ₦1,715.00.

How Much Is Dollar To Naira Black Market Rate Today (February 20, 2024)?

Dollar To Naira Black Market Rate Today
Buying Rate ₦1,700
Selling Rate ₦1,715.00

Black Market/Aboki Rate Exchange Table Today

Let’s break down the black market prices for various denominations. Since the selling rate stands at ₦1,700.00,

Denomination in Dollar ($) Black Market Exchange Rate Today in Naira (₦)
5 8,500
10 17,000
20 34,000
50 85,000
100 170,000
150 255,000
200 340,000
300 510,000
350 595,000
400 680,000
500 850,000
800 1,360,000
1000 1,700,000

As of today, February 20, 2024, the Central Bank of Nigeria sells at ₦1492.73 and buys at ₦1493.73.

CBN Selling Rate 1537.57
CBN Buying Rate 1537.57

How Much Is A Dollar To Naira Black Market Rate (Lagos)?

In Lagos, known for its vibrant economy and bustling markets, the black market rate mirrors that of Abuja, standing at ₦1,708.00. However, it’s worth noting that variations may occur among different exchangers in Lagos.

Dollar Conversion:

  • 100$ is equivalent to ₦170,000.
  • 1000$ is equivalent to ₦1,700,000.
  • 5000$ is equivalent to ₦8,500,000.

Make sure to stay updated with GoldenNewsNg.com for comprehensive coverage of currency exchange rates and market trends. Our platform provides unparalleled insights, enabling you to make well-informed decisions in your financial pursuits.

Leave a comment

Your email address will not be published. Required fields are marked *