Dollar to Naira Black Market Price Today (16th August, 2022)
16th August, 2022: If you want to exchange your dollars for Naira or Naira for Dollars in the black market through the use of aboki fx and want to know the current rate at which you can buy and sell your dollars in the parallel market, then keep reading to find out what the current Aboki dollar rate is today.
In this article, we will explain everything you need to know about the USD to NGN exchange rate as well as the current dollar to naira exchange rate, both the black market rate and the CBN rate. You can convert your USD to Naira at this rate or at the parallel market or the most recent black market rate.
The Nigerian naira has been declining for months and continues to fall against the US dollar. This has exacerbated the Nigerian economy, as inflation continues to rise by the second. However, there are people who earn money online as freelancers, affiliate marketers, bloggers, content creators, and so on who would prefer to exchange their dollars for naira at the black market rate rather than the CBN rate because it is more profitable.
It is important to note that the Central Bank of Nigeria does not approve black market rates and has advised marketers to seek proper guidance on acquiring dollars from their financial institutions.
USD to NGN Black Market Price 16th August, 2022
Our Dollar to Naira Black market rate is 100 percent accurate and corresponds to parallel market pricing in real time. The current dollar to naira Black market rate is shown below.
|Dollar to Naira (USD to NGN)||Black Market Exchange Rate Today|
Dollar to Naira CBN Rate (16th August, 2022)
This is the current standard rate set by the Central Bank of Nigeria.
|Dollar to Naira (USD to NGN)||CBN Exchange Rate Today|
You should be able to convert any of your dollar funds at a good rate in the black market now that you’ve seen the price difference between the parallel market and the CBN FX rate.
Thank you for taking the time to read this article. Please subscribe to this blog to receive notifications of new blog posts.