Naira to Dollar Black Market Exchange Rate Today 25th September 2023 can be accessed below.
The Dollar to Naira exchange rate is a critical indicator for many, given the economic ties between the United States and Nigeria. As of September 22, 2023, we’ve gathered comprehensive information on the Naira to Dollar rates, including Black Market, Bureau De Change (BDC), and Central Bank of Nigeria (CBN) rates. In this article, we’ll delve into the intricacies of these rates and provide you with valuable insights.
What is the current exchange rate for Dollar to Naira in the Black Market? As of today 25 September 2023, the Naira to Dollar Black Market rate stands at ₦985 for buying and ₦995 for selling. However, it’s crucial to acknowledge the volatility of the Black Market rates, which can fluctuate rapidly within hours.
Detailed Table of Dollar to Naira Black Market Rates – September 25, 2023 ($1 to $10,000)
On September 25, 2023, sources from Bureau De Change (BDC) confirmed the following exchange rates for the USD to Naira in the Lagos Black Market:
| Dollar ($) | Buying (₦) | Selling (₦) |
|---|---|---|
| 1 USD | 985 | 995 |
| 2 USD | 1970 | 1990 |
| 5 USD | 4925 | 4975 |
| 10 USD | 9850 | 9950 |
| 15 USD | 14775 | 14925 |
| 20 USD | 19700 | 19900 |
| 25 USD | 24625 | 24875 |
| 50 USD | 49250 | 49750 |
| 100 USD | 98500 | 99500 |
| 500 USD | 492500 | 497500 |
| 1000 USD | 985000 | 995000 |
| 2500 USD | 2462500 | 2487500 |
| 5000 USD | 4925000 | 4975000 |
| 10000 USD | 9850000 | 9950000 |
Central Bank of Nigeria’s exchange rates for various currencies:
| Currency | Code | Exchange Rate (Naira) |
|---|---|---|
| Dollar (USD) | USD | 738.22 |
| Pound Sterling (GBP) | GBP | 953.55 |
| Euro (EUR) | EUR | 787.31 |
| Swiss Franc (CHF) | CHF | 816.89 |
| Japanese Yen (JPY) | JPY | 5.00 |
| West African CFA Franc (XOF) | XOF | 1.25 |
| West African Unit of Account (WAUA) | WAUA | 1013.40 |
CBN Naira to Dollar Exchange Rate Today 25th September 2023
Central Bank of Nigeria’s exchange rates for various currencies:
| Currency | Code | Exchange Rate (Naira) |
|---|---|---|
| Dollar (USD) | USD | 738.22 |
| Pound Sterling (GBP) | GBP | 953.55 |
| Euro (EUR) | EUR | 787.31 |
| Swiss Franc (CHF) | CHF | 816.89 |
| Japanese Yen (JPY) | JPY | 5.00 |
| West African CFA Franc (XOF) | XOF | 1.25 |
| West African Unit of Account (WAUA) | WAUA | 1013.40 |