Thats the weakest since February 2017. Meanwhile according to data posted on abokiFX the black market currency rate remained at N50000 per US dollar.
Its worse outside the country as Nigerians in diaspora watch the black market Abokifx rate to sell forex.

Abokifx bank rate. Send money to Nigeria with the NGN market exchange rates. Naira also remained at. Rising prices have pushed an estimated 7 million Nigerians below the poverty line in 2020 alone.
It was N410 on the CBN website but N495 on the currency trading website AbokiFX. This is a N100 or 020 percent depreciation from the N49800 exchange rate with the US dollar on. 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.
Top rising exchange rate is Dollar to Naira having a 20 rise from 55000 on 13092021 to 57000 as of 17092021. The most trusted platform to get the live exchange rates. 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.
In Lagos on Wednesday. Convert foreign currencies instantly with the Abokifx calculator. Buy and Sell Nigerian Naira with the current exchange rates for dollar to naira today.
In Lagos on Wednesday. New Fee to Mexico. According to abokifx statistics the naira closed on Thursday at N499 to the US dollar.
Abokifx Rate also provides live and updated naira to dollar bank exchange rate as it changes in the Forex Market. The apex bank in February directed all local banks to close accounts linked to crypto platforms. 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.
The current rate is the weakest since February 2017. This corresponds to 364 rise this week. This month on Black Market.
I looked at the Naira to the USD exchange rate. Food prices accounted for over 60 of the total increase in inflation. As of April 2021 the inflation rate was the highest in four years.
This week on Black Market. 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. See Terms and Conditions.
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. 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. I sincerely think Abokifx parallel market should be scrapped.
Convert Naira to dollars pounds to naira euro to naira rands to. They should advertise only CBN and BDC rates. 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.
An average user can also find the live exchange value for. Top losing exchange rate is Australian Dollar to Naira having a 5 fall from 33500 on 01092021 to 33000 as of 17092021. 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.
TradeNAIRA is the only transparent Nigerian Naira Exchange online.
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