WATCH THIS: NAIRA Rates Against The USD, GBP, EURO Today April 16, 2024
THE Nigerian national currency, the Naira, is recovering from its position of dishonour to the position of honour courtesy, the Governor of the Central Bank of Nigeria, Yemi Cardoso and his team with the maximum support of President Bola Tinubu.
In the past one month, Naira has gained N900.00 against the United States Dollars while the prices of commodities, petrol and others remain where it was when Naira was N1,900 to a Dollar.
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Business is a risk, you either lose or win, you either gain or suffer loss.
It is not logical to tell Nigerians to wait till stocks of commodities is exhausted before prices come down, they did not wait before adding to their prices at slighted information of marginal falling of Naira.
Nigerians are always at the receiving ends suffering from what they are not privy to.
Had Naira falling to N2,500, by this time, a litre of petrol would have been N1,000 or more, now that it is N1,000 to USD, prices remain where it used to be.
Are we going put the blame at the doorsteps of the President? Tinubu is doing his best, it is now left for Nigerians to make life worth a living for one another.
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In the Black Market of Dollar To Naira Exchange Rate Today, the USD to Naira currency pair are the most traded currency in the FX market.
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Black Market Exchange Rates |
Buying Rate |
Selling Rate |
| Dollar to Naira | 1070 | 1035 |
| Pounds to Naira | 1400 | 1325 |
| Euro to Naira | 1210 | 1140 |
| Canadian Dollar to Naira | 1360 | 1320 |
| Rand to Naira | 52 | 43 |
| Dirham to Naira | 0 | 0 |
| Yuan to Naira | 62 | 62 |
| G.Cedi to Nair | 119.19 | 119.19 |
| CFA F. (XOF) To Naira | 0.83 | 0.81 |
| CFA F. (XAF) To Naira | 0.74 | 0.74 |
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Having full knowledge how much USD to NGN black market exchange rate today will give you a better opportunity to plan and make informed decisions.
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