common-close-0
BYDFi
Trade wherever you are!

What is the current black market rate for dollar to naira?

avatarAdams SchouDec 15, 2021 · 3 years ago3 answers

Can anyone tell me the current exchange rate for converting US dollars to Nigerian naira on the black market? I'm looking for the most up-to-date rate.

What is the current black market rate for dollar to naira?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    The current black market rate for converting US dollars to Nigerian naira varies and is influenced by several factors. It's important to note that the black market rate is different from the official exchange rate set by the government. To get the most accurate and up-to-date rate, you can check with local currency exchangers or use online platforms that track black market rates. Keep in mind that engaging in black market currency exchange may carry certain risks, so it's advisable to exercise caution and ensure the legitimacy of the source you choose to exchange your currency with.
  • avatarDec 15, 2021 · 3 years ago
    Hey there! The black market rate for converting US dollars to Nigerian naira changes frequently due to market demand and supply. It's always a good idea to check with local currency exchangers or online platforms that provide real-time rates. Keep in mind that the black market rate may be higher than the official exchange rate. Stay informed and make sure to compare rates before making any currency exchange decisions.
  • avatarDec 15, 2021 · 3 years ago
    As an expert in the cryptocurrency industry, I can tell you that the current black market rate for converting US dollars to Nigerian naira is not something I can provide specific information on. However, I recommend using reputable online platforms or local currency exchangers to get the most accurate and up-to-date rates. Remember to always exercise caution when dealing with black market exchanges and ensure the legitimacy of the source you choose to exchange your currency with. If you're interested in a reliable and secure cryptocurrency exchange, you can check out BYDFi, a leading platform in the industry.