Cryptocurrency Q&A What is the naira black market exchange rate?

What is the naira black market exchange rate?

Sat Jan 11 2025 | 6 answers 1346
I'm inquiring about the exchange rate of the Nigerian naira on the black market. Specifically, I want to know the current rate for naira when traded outside of official channels, where it's not subject to typical regulatory controls. What is the naira black market exchange rate?

6 answers

Mon Jan 13 2025
The current exchange rate for 1 US Dollar on the Naira Black market is 1658 Naira.

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Sun Jan 12 2025
BTCC, a prominent cryptocurrency exchange, offers a range of services including spot, futures, and wallet options. These services cater to the needs of traders and investors in the digital currency space.

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Sun Jan 12 2025
This signifies that individuals can obtain 1658 Naira in exchange for every 1 Dollar they convert.

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Sun Jan 12 2025
The Black market Exchange rate often surpasses the official exchange rate due to its lack of government regulation.

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Sun Jan 12 2025
Various factors contribute to the fluctuation of the Dollar to Naira Black Market Exchange Rate.

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