Abokifx Bank Rate

The rate widens the spread between the official and the parallel market rate to 22 when compared with the spot rate of 41113 naira a dollar as of 155 pm. Top rising exchange rate is Dollar to Naira having a 20 rise from 55000 on 13092021 to 57000 as of 17092021.

Abokifx Dollar Naira Exchange Rate Today Euro Pound Black Market Rates Wetinberate Realtime Naira Exchange Rates Black Market Official Bdc

Rising prices have pushed an estimated 7 million Nigerians below the poverty line in 2020 alone.

Abokifx bank rate. This week on Black Market. Thats the weakest since February 2017. I sincerely think Abokifx parallel market should be scrapped.

The fall comes after the central banks efforts to persuade banks to sell more dollars to customers appear to fail to bridge the widening gap between the official and street rates. Abokifx Rate also provides live and updated naira to dollar bank exchange rate as it changes in the Forex Market. Buy and Sell Nigerian Naira with the current exchange rates for dollar to naira today.

Top losing exchange rate is Australian Dollar to Naira having a 5 fall from 33500 on 01092021 to 33000 as of 17092021. The rate widens the spread between the official and the parallel market rate to 22 when compared with the spot rate of 41113 naira a dollar as of. Food prices accounted for over 60 of the total increase in inflation.

Naira also remained at N710 for the British pounds and N595 to the Euro it. In Lagos on Wednesday. The apex bank in February directed all local banks to close accounts linked to crypto platforms.

The current rate is the weakest since February 2017. Meanwhile according to data posted on abokiFX the black market currency rate remained at N50000 per US dollar. It was N410 on the CBN website but N495 on the currency trading website AbokiFX.

The rate widens the spread between the official and the parallel market rate to 22 when compared with the spot rate of 41113 naira a dollar as of 155 pm. According to CBN if I receive 1 via a Nigerian bank I also get N5 addition from the receiving bank thus the CBN is indirectly matching the AbokiFX rate to remove the disparity. An average user can also find the live exchange value for other currencies used by other countries.

Convert Naira to dollars pounds to naira euro to naira rands to naira cedi to naira and btc to naira. Sept 17 2021 Naira in biggest daily fall in months - PREMIUM TIMES Sept 17 2021 Nigeria Back at International Capital Market with Eurobond Offer - PROSHARE Sept 17 2021 Fitch Assigns Nigerias Proposed USD Bond B Rating - PROSHARE Sept 17 2021 Pound hesitates in face of early BoE hike Mike Dolan - REUTERS Sept 17 2021 Nigeria Returns to Intl Capital Market for 62bn Eurobonds. Convert foreign currencies instantly with the Abokifx calculator.

See Terms and Conditions. This corresponds to 364 rise this week. They should advertise only CBN and BDC rates.

According to abokifx statistics the naira closed on Thursday at N499 to the US dollar. New 199 fee to Mexico only valid for transfers of 350 or more with a debit card made in the BOSS Revolution Money App or online through September 30 2021. New Fee to Mexico.

This month on Black Market. The most trusted platform to get the live exchange rates. Its worse outside the country as Nigerians in diaspora watch the black market Abokifx rate to sell forex.

I looked at the Naira to the USD exchange rate. In Lagos on Wednesday. As of April 2021 the inflation rate was the highest in four years.

The currencys performance on Wednesday represents a N150 or 037 per cent depreciation from N41000 the rate it traded in the previous session on Tuesday. Send money to Nigeria with the NGN market exchange rates. This is a N100 or 020 percent depreciation from the N49800 exchange rate with the US dollar on Wednesday.

TradeNAIRA is the only transparent Nigerian Naira Exchange online.

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