Change +₦0:00 %Change +0.00% : Last 30 days High/Low . MarketWatch.co.zw (Updated, June 12, 2019, 9:16 am) 100 USD = 870.0 RTGS (770.0%) 100 USD = 850.0 Bond (750.0%) 100 USD = 906.0 RTGS (806.0%) (Old Mutual Implied Rate) 100 USD = 1473 South African Rand (ZAR) 100 … To keep yourself updated on the daily Euro to Naira exchange rate both in the Nigerian black market and the official Central Bank of Nigeria (CBN) rate you can simply subscribe to this blog and get the information delivered directly to your email. We use cookies to ensure that we give you the best experience on our website. 25 main auctions and 19 SME auctions have now been held since the auction system began. More From: Exchange Rate. Buying = 1 USD to Naira 470. The second two being the United States of America (USA) and Mexico. The black market exchange rate occurs when the official rate bears little or no relationship to the currency's actual value. 600/617. The Zimbabwe Stock Exchange (ZSE) has resumed operations but Old Mutual shares, as well as other fungible shares, are now suspended indefinitely this means OMIR values cannot be easily updated. Cedis To Naira Exchange Rate Today – November 2020. by Techorg updated November 2, 2020, 10:39 pm. Get Iranian Rial rates, charts, and IRR currency converter. The black market exchange rate for 1 NGN Nigeria to USD $ is also referred to as the parallel market rate. Reasons for disqualification include things like the need for the foreign currency not being on the priority list, the bidding company has what appears to be adequate foreign currency in their accounts, companies that seem like they are externalising etc. This makes it -0.04% decline for United States Dollar against Naira this week.. READ ALSO: There are now 18,000 Bitcoin millionaires Earlier today, the Nairametrics exchange rate tracker quoted the average price at N480/$1 down from N485/$1 quoted a day earlier. The RBZ and Finance Ministry killed fungibility on the ZSE. The ‘Old Mutual Implied Rate’ is a comparison between the Old Mutual share price on the London stock exchange / the Johannesburg stock exchange and the Zimbabwe stock exchange. RTGS$ to USD: 2.5219 RTGS$ to RAND: 5.7667 . The Black market is oftentimes seen as an underground economy run by dealers that are not authorized by the government but who run a trusted connection with those who are authorized, usually the Bureau de Changers. In a bid to end the insane inflation rates, the government decided to raise the official rate of exchange for USD from 6 bolivars to 150. The black market exchange rate of the US dollar to Naira in Nigeria early morning of Friday, December 11, 2020, was N476/N470 (buy/sell). USD ($) EURO (€) GBP (£) BUY/SELL. Parallel Foreign /Black market Exchange Rate rate today is the same all over Nigeria such as Lagos, Cross River, Asaba, Benin, Abuja, Kano Lokoja Kwara Ilorin, Port Harcourt, Ogun, Ondo, Ibadan but local black market price may differ. Also, the website contains information about the foreign exchange market and you will find it helpful if you are involved in the financial market. Currency Charts. The black market exchange rate of the US dollar to Naira in Nigeria early morning of Wednesday, December 9, 2020, was N483/N470 (buy/sell).. Disclaimer: This data is collated from various black market dealers in Lagos, Nigeria, meaning the price you find on this page WILL be slightly different from what you get in your state or street. Live Iranian Rial (IRR) Exchange Rates and Gold Price in Iran's Free Market. We are researchers only so please do not assume our information is accurate. Pinterest. Settlement in the “real time” means that the transaction happens almost immediately. Dollar To Naira Exchange Rate Today & Black Market; See more. The engraving on the back of the notes reflects the cultural aspects of the country. Dollar to Naira Black Market Rate for May, 2019. WhatsApp. Actual rates may vary slightly based on vendor. Naira. October 12, 2018 News. The black market exchange rate of the US dollar to Naira in Nigeria early morning of Monday, December 14, 2020, was N475/N470 (buy/sell). Today’s Naira Black Market Exchange Rates. Inside Lagos black market exchange rate today as at ., December 7, 2020 9:20 pm [price may vary depending on the amount of money … The table above lists the market rates for Black pepper in India on dates 2020-11-19, 2020-11-17, 2020-11-18, 2020-11-16, 2020-11-24, etc. What all this means is that demand for foreign currency still far outstrips supply and, Some people/entities who wanted foreign currency were not able to get it. Live Iranian Rial (IRR) Exchange Rates and Gold Price in Iran's Free Market. 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