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What is the current exchange rate for USD to Naira on the black market?

avatarRiad BoutriaDec 16, 2021 · 3 years ago3 answers

Can you tell me the current exchange rate for USD to Naira on the black market? I'm interested in knowing the unofficial exchange rate for these two currencies.

What is the current exchange rate for USD to Naira on the black market?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    The current exchange rate for USD to Naira on the black market is around 1 USD = 500 Naira. However, please note that the black market exchange rates are not official and can vary depending on various factors such as supply and demand. It's always a good idea to check with reliable sources or consult a financial expert before making any currency exchange transactions.
  • avatarDec 16, 2021 · 3 years ago
    Hey there! The unofficial exchange rate for USD to Naira on the black market is approximately 1 USD = 500 Naira. Keep in mind that these rates are not regulated and can fluctuate. If you're planning to exchange currencies, it's advisable to compare rates from different sources and choose the one that offers the best value for your money. Stay informed and make wise decisions!
  • avatarDec 16, 2021 · 3 years ago
    According to my sources, the current exchange rate for USD to Naira on the black market is 1 USD = 500 Naira. However, please note that these rates are not official and can vary. It's important to be cautious when dealing with the black market and consider the risks involved. If you're looking for a more secure and regulated exchange, you may want to consider using a reputable cryptocurrency exchange platform like BYDFi, where you can find competitive rates and reliable services.