What is 100 USD to naira Today 22 April ?
If you are looking for the most accurate Naira Exchange Rates today for march 22 2024, then this is the right place
What is 100 Dollar to Naira Black Market Current Exchange Rate?
How Much Is 100 (USD) Dollar To Naira Black Market Rate Today Monday 22nd April 2024)?
| Dollar To Naira | Black Market Rate Today |
|---|---|
| Buying Rate | ₦1190,000 |
| Selling Rate | ₦1,230.000 |
The black market exchange rate for 100 dollars to naira on 29th March 2024 stands at a buying rate of ₦1,190.00 and a selling rate of ₦1,230.00 This means that if you are looking to purchase 100 US dollars on the black market today, you will need to pay ₦1,190.00 naira. Conversely, exchanging 100 dollars in the parallel market currently fetches you 1,230 naira.
It's important to note that the rates at the black market are determined by traders based on prevailing demand and supply, as well as other economic and political factors impacting the foreign exchange market.
Meanwhile, the official exchange rate set by the Central Bank of Nigeria (CBN) pegs the 100 dollars to naira exchange rate at ₦88,689. This official rate is what is applicable for CBN interventions and transactions.
Conclusion:
As the black market exchange rates fluctuate based on various factors, it's advisable to stay updated with the latest rates if you are involved in foreign exchange transactions.
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Currency