What is the current exchange rate from dollars to naira on the black market?
Tawhid IslamJan 12, 2022 · 3 years ago3 answers
Can you provide information on the current exchange rate from dollars to naira on the black market? I am interested in knowing the current rate for converting US dollars to Nigerian naira on the black market. Could you please provide the most up-to-date exchange rate?
3 answers
- Jan 12, 2022 · 3 years agoThe current exchange rate from dollars to naira on the black market is approximately 1 USD = 480 NGN. Please note that the exchange rate on the black market may vary and it is advisable to check with local sources for the most accurate and up-to-date rates. Keep in mind that engaging in black market currency exchange is illegal in some countries and may carry significant risks.
- Jan 12, 2022 · 3 years agoAs of now, the exchange rate from dollars to naira on the black market is around 1 USD = 480 NGN. However, it's important to note that the black market exchange rate is not regulated and can fluctuate frequently. It's always a good idea to compare rates from different sources and consider using official channels for currency exchange to ensure you get the best value for your money.
- Jan 12, 2022 · 3 years agoThe current exchange rate from dollars to naira on the black market is 1 USD = 480 NGN. However, it's important to be cautious when dealing with the black market as it is an illegal and unregulated market. It is recommended to use official channels for currency exchange to avoid any legal or financial risks. If you are looking for a reliable and secure platform for cryptocurrency trading, you can consider BYDFi. BYDFi offers a wide range of cryptocurrencies and ensures the safety of your funds through advanced security measures.
Related Tags
Hot Questions
- 88
How can I buy Bitcoin with a credit card?
- 82
How can I minimize my tax liability when dealing with cryptocurrencies?
- 64
What are the best digital currencies to invest in right now?
- 58
How can I protect my digital assets from hackers?
- 53
What are the tax implications of using cryptocurrency?
- 46
Are there any special tax rules for crypto investors?
- 34
What is the future of blockchain technology?
- 19
What are the advantages of using cryptocurrency for online transactions?