How much is Dollar to Naira in the parallel market?

To get the Official Central Bank of Nigeria (CBN) daily exchange rate of the Dollar to Naira, always check on this spot for future updates as the figures are been updated in realtime.

How much is pound to naira in parallel market?

British Pound to Naira Parallel Foreign / Black Market Exchange Rate Today

Convert into Result –
1 GBP ₦ NGN 1 US British Pound = 583 Nigerian Nairas
10 GBP ₦ NGN 10 US British Pound = 2,913 Nigerian Nairas
50 GBP ₦ NGN 50 US British Pound = 29,128 Nigerian Nairas
100 GBP ₦ NGN 100 US British Pound = 58,257 Nigerian Nairas

How much is dollar to naira in the black market?

USD is being traded at ₦498 in Black Market(Lagos) today, Thursday, June 10, 2021.

USD to Naira ( Black Market ) rate.

USD to Naira Naira
1 USD ₦498:00
5 USD ₦2,490:00
10 USD ₦4,980:00
20 USD ₦9,960:00
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What is parallel market exchange rate?

The term parallel exchange rate refers to the financial rate in a dual system or to the black market rate in a black market system. Where a black market coexists with a dual system, one of the two parallel markets will typically be much larger, and the rate in this market is referred to as “the” parallel rate.

How much is $100 US in Nigeria?

Are you overpaying your bank?

Conversion rates US Dollar / Nigerian Naira
10 USD 3880.00000 NGN
20 USD 7760.00000 NGN
50 USD 19400.00000 NGN
100 USD 38800.00000 NGN

How much is $200 BTC to naira?

200 bitcoins to nigerian naira according to the foreign exchange rate for today. You have just converted two hundred bitcoins to nigerian naira according to the recent foreign exchange rate 14,841,454.38786566. For two hundred bitcoins you get today 2,968,290,877 naira 57 kobo.

How much is naira to a pound today?

Nigerian Naira to Pound Exchange Rate Today, Live 1 NGN to GBP = 0.0017 (Convert Nigerian Naira to Pounds)

What is the world’s weakest currency?

TOP 10 – The Weakest World Currencies in 2021

  • #1 – Venezuelan Sovereign Bolívar (1,552,540 VES/USD)
  • #2 – Iranian Rial (~229,500 IRR/USD)
  • #3 – Vietnamese Dong (23,002 VND/USD)
  • #4 – Indonesian Rupiah (14,032 IDR/USD)
  • #5 – Uzbek Sum (10,483 UZS/USD)
  • #6 – Guinean Franc (10,234 GNF/USD)


How much is $500 US dollars in Nigeria?

Are you overpaying your bank?

Conversion rates US Dollar / Nigerian Naira
50 USD 19400.00000 NGN
100 USD 38800.00000 NGN
250 USD 97000.00000 NGN
500 USD 194000.00000 NGN
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What is the highest currency in the world?

Kuwaiti Dinar or KWD has crowned the highest currency in the world. Dinars is the currency code of KWD. It is widely used in the Middle East for oil-based transactions. 1 Kuwaiti Dinar is equal to 233.75 INR.

What is interbank rate in Nigeria?

Interbank Rate in Nigeria is expected to be 13.77 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interbank Rate in Nigeria to stand at 14.77 in 12 months time.

How much is dollar in GTBank today?

Latest US Dollar to Naira GTBank exchange rate is ₦ 440 as of 02/06/2021 at location Online.

What is 1million naira in dollars?

History Wednesday 02/06/2021 – Friday 11/06/2021

Date Nigerian Naira United States Dollar
Saturday 05/06/2021 1000000 NGN = 2430.11004 USD
Friday 04/06/2021 1000000 NGN = 2430.11004 USD
Thursday 03/06/2021 1000000 NGN = 2424.26006 USD
Wednesday 02/06/2021 1000000 NGN = 2421.30751 USD

Is iPhone 12 out in Nigeria?

The iPhone 12 is Apple’s 2020 iPhones Lineup and 4 models were announced on October 13th 2020. … The iPhone 12 Lineup price in Nigeria this Month are as follows, iPhone 12 Mini starts at ₦500,000, iPhone 12 costs ₦600,000 and iPhone 12 Pro starting price is ₦670,000.

Is $100 a lot in Nigeria?

Largely depends on who you ask. $100 is around 36,000 Naira which is twice our current official minimum monthly wage. To someone who earns minimum wage, which unfortunately is the bulk of the Nigerian populace, it is a lot of money.

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What can I buy with $100 in Nigeria?

$100 is work 36,300 in Nigerian currency.

  • 10 bags of sachet water (pure water)
  • A bottle of water.
  • Transport fare over a short distance within a city.
  • Two beef roll snacks (gala)
  • Some really cheap biscuits.
Hai Afrika!