We welcome you today Tuesday 18, October 2016, to this page where you will get information on the current Nigeria Black market exchange rates of dollar to naira.
We also give updates when rates fluctuate in the afternoon and/or evening. If you are interested to know changes in rates for today, you may have to click on our latest black market update page below.
The United States Dollar Exchange Rate – USD Rate to Nigeria Naira Exchange Rate – NGN rate in black market:
USD/NGN: BUY / SELL
21/10/2016: 445/ 453
The Nigerian naira is the currency of Nigeria.
The Central Bank of Nigeria (CBN) is the sole issuer of legal tender money throughout the Federation.
In 1973, the naira was replaced by the pound at a rate of 2 naira = 1 pound.
“About 1,700 bureaux de change are currently accessing $15,000 each from Travelex every week and we expect the improved dollar liquidity in the market to have positive impact on the value of the naira,” the President, Association of Bureau De Change Operators of Nigeria, Aminu Gwadabe, told Reuters.
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