Dollar to Naira black market rate today 30thJanuary 2024

Do you want to know real time Dollar to Naira black market rate today? ,Tempo Online brings you the latest update on the current Dollar to naira Black Market rate, CBN rate and AbokiFx Rates. The dollar Black Market rate is usually favorable to those who deal in dollars compared to the CBN rate, and those who are in charge are known as Bureau De Change[BDC] Operators or Aboki as popularly referred to.

Dollar to Naira black market rate today

Let’s quickly explain some common terms on this page, as a reader you must understand these terms “Buying and Selling of Dollars” because they are frequently mentioned on this page. Buying a Dollar means getting a dollar with naira, while Selling means exchanging your dollars for naira at the black market rate.

Now that we have given you an introduction, let’s answer the question, “What is the Dollar To Naira Black Market Exchange Rate for Today?”. According to dealers in Zone 4, Wuse Abuja, which happens to be one of the leading BDC Centers in Nigeria, the Dollar was bought at ₦1445 and sold at ₦1450 today.

How Much Is Dollar To Naira Black Market Rate Today(January 30, 2024)?

The table below shows the black market rate for those who want to sell and buy dollars with BDC operators or Abokis.

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Dollar To Naira Black Market Rate Today
Buying Rate ₦1445
Selling Rate ₦1450

Black Market/Aboki Rate Exchange Table Today

The table below outlines the black market prices for common denominations. Since the selling rate is ₦1450, we multiply it by the denomination in dollars. For example to convert $5, we multiply it by ₦1450

 

Denomination in Dollar($) Black Market Exchange Rate Today in Naira
5 ₦7,250
10 ₦14,500
20 ₦29,000
50 ₦72,250
100 ₦145,000
150 ₦217,500
200 ₦290,000
300 ₦435,000
350 ₦507,500
400 ₦580,000
500 ₦725,000
800 ₦1,160,000
1000 ₦1,450,000

Dollar To Naira CBN Rate Today

As of today, January 30, 2024, the Central Bank of Nigeria sells at ₦887 and buys at ₦886. This price can be obtained from the publication here www.cbn.gov.ng/rates/ExchRateByCurrency.asp.

CBN Selling Rate ₦887
CBN Buying Rate ₦886

CAD To Naira Black Market Rate

The Canadian Dollars selling rate is ₦985 while the buying rate is ₦970. Canadian dollars are not listed on the official currency page of the Central Bank of Nigeria. This price has been constant for the past few weeks compared to the other currencies.

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

Lagos and Abuja are known to have one of the best black market rates in the country because of its strategic location. The rate in Lagos is ₦1450. There are different exchangers in Lagos and this price might differ with the one called for you.

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How Much Is 100$ In The Black Market Today?

100$ is equivalent to ₦145,000.

How Much Is 1000$ In The Black Market Today?

1000$ is equivalent to ₦1,450,000.

How Much Is 5000$ In The Black Market Today?

5000$ is equivalent to ₦7,250,000.

Facts About Dollars

The United States Dollars symbolized by $ is the number one currency in the world. It is used by the United States of America and other countries. The denominations available are $1,$5,$10,$20,$50, and $100. The countries that make use of dollars as their official currency include:

  • United States of America
  • Ecuador
  • Australia
  • El Salvador
  • Canada
  • Zimbabwe
  • Panama
  • British Virgin Islands
  • Mexico
  • Puerto Rico
  • Palau
  • Jamaica
  • Marshall Islands
  • Fiji
  • Guam
  • Aruba
  • Guyana
  • U.S Virgin Islands

Conclusion: Today January 29, 2024, there is an increase in the black market and no change in the CBN rate.

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