At any point in the last few years, Nigeria’s naira has always had multiple exchange rates. Today’s Naira Black Market Exchange Rates. Convert CFA Franc (BEAC) To Nigerian Naira . Buying @ 1 Rand = 22.59 Naira Selling @ 1 Rand = 22.65 Naira Naira … These are the prevalent rates for Lagos. Nigerian Naira to CFA Franc Conversion Last updated: 2020-12-11 08:41 UTC All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. Exchange Rates Updated: Sep 26,2020 21:12 UTC. The naira has strengthened by 6% to 470 per dollar in the parallel market since Monday, according to abokifx.com, while the spot rate weakened 0.6% to 391.90. The Exchange rate of dollar to naira has seen the NGN Naira have mixed fortunes against the USD Dollars during the course of the year. Hi guys and gals, we all know how important Cefa is to us in Auto section. Euros to Naira. ZAR Buy / Sell. 1 (XOF) West African CFA Franc= 0.6889 (NGN) Nigerian Naira (sixty-nine kobo) ↻ 1 Nigerian Naira = 1.4517 West African CFA Franc. We also share information about your use of our site with our social media, advertising and analytics partners who may combine it with other information that you've provided to them or that they've collected from your use of their services OK Hope Ashike Nov 6, 2020. Dollar to Naira black market rate today Friday, 11th August 2017 is N363/N366.. Nigeria’s Central Bank at the weekend adjusted the rates by N6 across foreign exchange market segments. The devaluation of Naira against dollar helps in the strengthening of CFA. The page primary focus is on XOF to NGN daily black market exchange rate today which includes black market 1 XOF to NGN rate. The local currency lost … The Pound Sterling (GBP), is the official currency of the United Kingdom, Jersey, Guernsey, the Isle of Man, South Georgia and the … BUYING : CFA 1.50 That is, One United States dollar equals three hundred and sixty-three … Pounds to Naira. Naira and Dollar. Within 12 months, the naira lost about 23 kobo to CFA, a currency that symbolises French economic imprint on the West Africa sub-region. This is because effective policies have been laid by the Financial communities to ensure stability of the currency in the world market. Buying @ 1 Rand = 18.00 Naira Selling @ 1 Rand = 28.00 Naira Naira to Rand Black Market Rate. Rates are updated during the day as they change. Exchange Rates Updated: Nov 16,2020 00:15 UTC. Actual rates may vary slightly based on vendor. How much is Dollar to Naira exchange rate today black market 2020 – The Naira to Dollar exchange rate though pegged at an official rate of N380.5 per $1 had been at what could be described as freefall in the black market. I.e $1 = ₦363. The foreign exchange pressure continued on Friday as Nigeria’s currency weakened by N0.67k against the dollar on the black market, due to increased demand amid a shortage. New Dollar Wallpaper HD. Moreover, in the black market currencies exchange, the British Pound denomination will determine how much the bureau de … Cefa To Naira (CFA-NGN) Exchange Rate, As of today June 2017 One Nigerian Naira is Equivalentto 1.50 CFA Franc ,which is very bad exchange rate Initially Before Naira depreciated last year, The exchange rate of 1 Naira (NGN) to Cefa CFA Franc is about 3 CFA NGN 1 Naira To CFA 1 CEFA Exchange Rate Today June 2017. Buying @ 1 Naira = 0.0555 Rand Selling @ 1 Naira = 0.0357 Rand Rand to Naira CBN Rate. Nigeria s naira reciates to n430 on parallel market global financial digest cfa to naira exchange rate black market october 2020 techanism how much is 100 dollars usd to ngn according the foreign exchange rate for today euro to naira exchange rate black market october 2020 techanism euro to naira exchange rate black market october 2020 techanism Exchange Rates Updated: Nov 27,2020 06:55 UTC. Naira weakens to N462.66k as dollar shortage pushes demand to black market. 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. 10000 NGN = 14594.67699 XAF. The local unit traded at 415 naira per dollar according to abokiFX. ₦508.35 Live Exchange Rate. Black Market Exchange Rate can also be referred to as aboki fx rate. 1 NGN = 1.44643 XOF. Naira to Dollar Rate on Black Market Today Stood at N463 The Nigerian Naira to dollar rate slid slightly against the United States dollar on Tuesday on the black market as social unrest continues to weigh on the nation’s economic outlook. Enter the amount to be converted in the box to the left of Nigerian Naira. As at yesterday evening, i heard Cefa is 354 to 1 Naira. Hi, As at today 1 Naira=2.9546 XAF ()If u are using the bank,it will be slightly different from that of Black market,however for someone who loves playing with these 2 currencies, rest assured that converting CFA to Naira is the best thing u can do right now and converting Naira to CFA is … See more Previous article MoneyGram Rate In Nigeria To Dollar, Euro & Pounds – November 2020 Read Also: Naira falls to N496.50k on black market as dollar scarcity persists. This Nigerian Naira and Central African CFA convertor is up to date with exchange rates from December 10, 2020.. So the exchange rate they buy and sell dollar for naira is called black market rate. The devaluation of Naira against dollar helps in the strengthening of CFA.

We have the West African CFA franc which is ISO 4217 with a currency code of XOF and we also have the Central Africa CFA franc which is ISO 4217 with a currency code of XAF. Share. Use "Swap currencies" to make Central African CFA the default currency. Cefa To Naira (CFA-NGN) Exchange Rate, As of today March 2018. A: One Nigerian Naira is worth 1.421 West African CFA Francs today Q: Is the Nigerian Naira going up or down against the West African CFA Franc? This website uses cookies We use cookies to personalise content and ads, to provide social media features and to analyse our traffic. * XOF – CFA Franc (Benin CFA – Cot) **XAF – Central African CFA Franc (Cameroon CFA – Cam) NGN CAD Buy / Sell. Full history please visit NGN/XAF History The dollar to naira black market rate is ₦363. Up to date West African CFA franc XOF to Naira exchange rate today black market. The black market exchange rate of the US dollar to Naira in Nigeria early morning of Wednesday, December 9, 2020, was N483/N470 (buy/sell).. Disclaimer: This data is collated from various black market dealers in Lagos, Nigeria, meaning the price you find on this page WILL be slightly different from what you get in your state or street. In the Parallel or Black Market, you can buy 1 Cefa with NGN 620 and sell 1 Cefa for NGN 590. naira, black market naira rates, naira exchange rates, dollar to naira, euro to naira, pound to naira, australian dollar to naira, riyal to naira,lagos parallel market, Central Bank of Nigeria, CBN, Bureau De Change, BDC, turkish lira to naira, moneygram, western union Let us update ourselves with the current exchange rate. Today’s Naira Black Market Rates. One naira in today’s market equals to 1.6129 Cefa. If the Naira can be valued in the foreign market, the CFA will have a currency to contend with. Dollar To Naira In Black Market. There used to be a time when the Naira currency was strong against Cefa in the Forex market, but that seems to be history now. CBN is an acronym for Central Bank of Nigeria. Nigeria lawmakers worry about gap between official black market nigerian naira black market rate weakest in three years how much is dollar to naira in black market february 2020 us dollar to naira black market exchange rates ngnrates naira to dollar exchange rate black market 2016 best image of usd naira is n211 today in the black market 280115. This is because effective policies have been laid by the Financial communities to ensure stablility of the currency in the world market. Narrowed Gap The black market is the same as the parallel market. Dollar to Naira. At the black market, if you’re selling your 1 British Pound to get Naira today, the abokis would buy from you at a lower price and sell at a higher price. (Bloomberg) -- The Nigerian currency depreciated to its weakest level since February 2017 in the unofficial black market after the country’s central bank cut supply to dealers. Full history please visit NGN/XOF History NAIRA(₦) USD($) EURO(€) GBP(£) Buy/Sell: Buy/Sell: Buy/Sell: 11/12/2020: 470/475 Cefa to Naira exchange – Black Market . If the Naira can be valued in the foreign market, the CFA will have a currency to contend with. The current exchange rate at the BDC and the black market has defied the CBN’s FX adjustment where it directed the BDCs to sell dollars at N392 to the end-users. Dollar to Naira Rate Black Market March 30 2020. Convert CFA Franc (BCEAO) To Nigerian Naira . Related Tags: convert 1 naira to cfa | naira to cfa black market today |1 cfa franc to naira | 1000 cfa franc to naira | Cameroon currency to naira |1000000 cfa to naira | 500 cfa to naira. Rand to Naira Black Market Rate. It is called Aboki FX rate because most black market agents are Abokis. 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