Exchange Rate

abokifx exchange rate in nigeria today

abokifx exchange rate in nigeria today
Written by 9iNfo Author

abokifx exchange rate –The exchange rate between the US dollar and the Nigerian naira as of just this moment is shown below. See the CBN and Aboki FX rates for the dollar to naira. You can convert dollars to naira at these rates or at the current Abokifx or parallel market rate.

Due to the extremely high exchange rate compared to what the bank offers, many Nigerians prefer to swap their foreign currency, particularly US Dollars to naira, using the underground market. This page contains information on the current Aboki FX rate.

Frequently Asked Questions

What is the exchange rate in parallel market of Dollar to Naira in September 2018

What is the Aboki FX exchange rate of dollar to naira in 1981 in Nigeria

This page also includes the Aboki fx dollar to the naira exchange rate so you can quickly and simply check the rates for the different currencies you want to swap on the Aboki FX. Today, the most reliable source for dollar-to-naira rates is Aboki FX. Here is the current exchange rate for those currencies.

Aboki FX Exchange Rate To Naira Now

Dollar to Naira (USD to NGN) Aboki FX Exchange Rate Today
Bank Rate 800
Aboki FX Rate 845

What is the current parallel market rate of the dollar to the naira? You might find it interesting to know, however, that the exchange rate between the US dollar and the naira on the Aboki FX can occasionally be significantly different from the one offered on CBN’s website.

Above is the current exchange rate between the US dollar and the Nigerian naira. To keep you informed, we will always update the rate every day. The current exchange rate for the US dollar is the dollar to the naira exchange rate. Rates differ for banks and BDCs.

How much Is Aboki FX Dollar Exchange Rate To Naira Now

The Aboki FX rate, commonly referred to as the parallel exchange rate, is never the same as the CBN rate. Currently, one Naira is worth 710 US dollars. The Nigerian economy is significantly impacted by the dollar-to-naira exchange rate.

As the naira’s value drops, the economy experiences inflation, which typically affects the general public. Godwin Emefiele, governor of the central bank, has stated that the Nigerian economy needs a significant turnaround and has asked Nigerians to work toward it.

The Central Bank of Nigeria typically regulates exchange rates at banks, however, the Aboki FX rate for dollars known as the “Aboki market rate” is typically higher (CBN). On the CBN dollar to naira website,

When using your Nigerian bank-issued Naira Mastercard or Debit card to make a purchase on a foreign website, you use the dollar-to-naira bank rate. Normally, these prices would always be less expensive than those found on the underground market.

How do you feel about the dollar-to-naira Aboki FX exchange rate? Please share your thoughts with us in regard to how the government can collaborate with the CBN to offer fair USD to Naira exchange rates in the future.

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