For sometime now the peak of the dollar to naira exchange rate has been pegged at 460. If not, it could pegged to 400 in coming days. Date Currency Rate; 17/10/2020: Bitcoin: 410/500: 17/10/2020: GBP: 555/603: 17/10/2020: USD: 455/460: 17/10/2020: … The website is fast becoming the number one goto site to check the latest currency exchange rate, Abokifx Lagos black market exchange rate parallel market Aboki forex website. I can see it rising over N500, How can I exchange my dollar with this exchange Rate ₦472.00 or ₦466.00, The increase rate in US dollar against naira is becoming awful, I said it before and am still saying it that will not go below 460 again till after this year. Thailand don't consume Garri but they produces more cassava Plantation than Nigeria. Due to the failures in all the sectors.The prices of things will be very very high .Dollar to Naira Exchange rate will climb up to 750 Naira before April 2021. The only solution is oil going back to pre-covid 19 state and it can only get there in 3-4yrs time. ? Wow..!! Or should I leave it... before December, the naira will likely be sold for 500 against the dollar. The high volatility gives you opportunity to make a nice income, but you have to be patient. Those that bought your money for less will come back selling for something.I said here that oil prices will drop and it will extend till next year meaning our naira will suffer heavily btw now and march next year.Niara has no stored value.The problem we are facing is as a result of a deliberate poor planning. The price of oil is gradually getting to pre-COVID levels, as well as ease-up of business restrictions. Posted on September 19, 2020 by … My own contribution to this issues is that, we all know that, Nigeria is bad or ready, so let dorlla raise up so that Nigeria we get sense. Very good to see our currency getting strong but I don't know whether it can continue like because of lack of enough dollars to sustain it. The problem with high initial deposit is that most people simply don't have that kind of money. Please it came as a shock that I can't withdraw the 100 Euro inflow in my GT bank account from the counter last Wednesday. But now the CBN is going to monitor them and the prices they quote that make them collect more than they need. This simply means that source of funding for the Parallel would dry up. Access bank euro to naira exchange rate dollar to naira exchange rate parallel forex aboki aboki fx nigeria news latest Abokifx Dollar Naira Exchange Rate Today Euro Pound Black Market Rates Wetinberate Realtime Official BdcAbokifx 2020 Huidige Black Market Exchange […] New Dollar Wallpaper HD Noeimage.Org. . @TheParadox you are very correct.Is far best to keep money in cryptocurreny now than in bank. The rate at which the Naira value depreciates is becoming unfathomable. What is the next plan for The C. B. N. naira will continues falling? I will wait till end of week so I will know way to follow. when pressure mounts on the naira in the coming weeks as businesses tries to kick start again. As international flights begins now dollar we come down to 3+ so if u have dollar better sell it now. Things will get worse before it gets better. I see the dollar skyrocketing more but I can't predict when. The country economy is going down everyday, our money is depreciating immensely. The rate is changing rapidly but I see it taking a reverse soon. You can imagine, Nigeria they say is the giant of Africa, even Ghana is better.Because things are not done in the right way, how can dollar be falling our naira then those at the top will just feel less concern, its not good at all.Let us wake up and fight for our right, infact i want naira to rise against dollar ( N1 should be $100 in Nigeria) by the grace of God, it will be like that. When we look at the whole month, Dollar to Naira exchange rate was noted as ₦465 as the Black Market opened on Thursday, October 01, 2020 at the start of this month. I don't want to be caught up. From the previous statistics the dollar will going to rise probably this week or next week up to 460-470 but unfortunately we have been noticing that the price is not plactuating anymore.plz is there any prediction about the rise up of the dollar this month? In the years 1999, 2000, 2001 the N100, N200, and N500 were introduced, these were to expand economic activities and also facilitate an efficient payment system. By the time CBN subtracts 6.5 billion dollar from its current 35.6 billion dollars you will understand the true position of things. Again, oil price is rising up. So, who needs the oil? If I buy dollar at 445 today is there a change I will profit from it in 2 weeks time due to pandemic. Expect the Naira to go to N500/$1 soon. Development Financing. Home | About Us | FAQs | RSS | Contact Us | ... N 2,369,601 - in 8/31/2020: N 2,394,632 - in 7/31/2020: N 2,299,502 - in 6/30/2020: Note. Somebody to teach me how to trade forex?!! Storage capacity is filled up globally. , 2007, as part of the economic reforms N50, N10, N20, N5 banknotes as well as N1 and 50K coins were re-issued with new designs. Please between Bitcoin and Forex trading which one is more productive and faster bcoz I'm tired of this country . Locals productions is vital but the recent depleting of naira is attributed to the falls of oil prices. Please I want to change my old dollar bills, where can I change it? I need professional advice on either to sell dollar now or hold for few more weeks for more gain? Date Currency Rate; 18/10/2020: Bitcoin: 410/500: 18/10/2020: GBP: 555/603: 18/10/2020: USD: 455/460: 18/10/2020: Euro: 500/515: 18/10/2020: CAD: 300/000 : 18/10/2020: CNY: 68/75: 18/10/2020 “Banks inflow” 464/470: Exchange Rate on 17/10/2020. Can 70k start up Bitcoin and when will it start yeilding profit?? please where can I buy Australian dollars in Nigeria. Required fields are marked *. Lamido told the committee that the approval has already been given for the Apex bank to proceed with mining of the notes by the Federal government under the tenure of Prof Chukuma |Soludo tenure as CBN governor. Please is the dollar rate to Naira going to appreciate?I want to know, maybe it's better I sell my dollar now before the rate drop back to 360.. Invest your money in bitcoins and save from all the stress because from my predictions. How can the NGN not depreciate, with the Government, the major provider of FX in the economy suffering a massive plunge in FX revenues due to the drop in oil prices to a decades-long low? The Federal Government introduced the N20 as the highest denomination at that period of time, on the 2nd of July 1979, new currency notes of three denominations were introduced which were namely N1, N5, N10. Plus, it needs to raise more Naira from the now much reduced FX it earns from oil in order to finance its budget, which has now been revised to a crude benchmark price of over $30. We have people like Sir Abubakar Tafewa Balewa, Nigeria’s first prime minister. Thanks. List of Abokifx black market exchange rate today for Euro Pounds Dollar to Naira. Surely I don't have to remind about what happened the last time the Apex bank suddenly shocked the market in such manner. The great decline in dollar this morning should send a great danger to thos who are still hoping it will rise. Keep your dollar, soon the rate is going to hit 550 in 2 - 3 weeks time or less.. How long do you guys think is best to keep dollar currency, before sale in order to maximize gain. Please wer can i easily exchange my dollar to naira without any compromise, If dollar like let it increase to 2k per dollar.. where can I exchange my ethereum for naira... Why are you cheering for dollar rise? The rate is already too high and fewer people can afford to buy, a drop in rate is very likely. Before the CBN was selling 20T to every BDC four times in a week, that makes it 80T in a week. Can dolar decrease to 360 in this year again? The Federal Government introduced the N20 as the highest denomination at that period of time, on the 2. of July 1979, new currency notes of three denominations were introduced which were namely N1, N5, N10. I want to change my Dollars where can I change it, @ Whyte, its sure going to go up. ?, because the rate is dropping already, For me I will wait till December to sell off my Dollars. The Apex bank governor Sanusi Lamido first disclosed this when he appeared before the House committee on banking and currency on July 29, 2009. Until the CBN is able to provide BDC operators with sufficient amount of forex to meet market demands, round-tripping and depreciation of the naira in the parallel market are likely to persist in the medium term. This corresponds to 2.46% rise compared to previous day. The 6.5billion dollar forex backlog demand and dividends . Please let the it continue to raise because it plays in a favourable way. Abokifx 2020 Current Black Market Exchange Rate in Nigeria. Thanks, Tags: Abokifx Black Market Exchange Rate Dollar Euro Pounds Aboki forex dollar to Naira, Abokifx Today, Abokifx website, Your email address will not be published. Since the revision, oil has been selling at below $30 per barrel, closer to $20. You better sell your dollars before end of week. Thank you! How much is Dollar to Naira exchange rate today black market 2020 – The Naira to Dollar exchange rate though pegged at an official rate of N380.5 per $1 had been at what could be described as freefall in the black market. President Goodluck Jonathan Unveiled  New N100 naira note on the 12. of November, 2014 to commemorate Nigerian’s 100 years of existence. Soon going to 500! Atleast, my 1million make I fit get 2000 dollars. Hmm what else can i say but if you believe in this country you are just as void as the country. There is no reason to expect reverse. Naira would be equivalent to ten shillings, the minor unit is kobo, 100 kobo which actually makes one Naira. These notes that were introduced were of the same size which was 151 × 78mm. 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