Don't rush to sell your dollars bcs ppl traveling abroad will be mad looking for it in few days. Is better it go down because its affecting our business. Now they are going to sell 10T to BDC twice a week making it 20T a week. Please wer can i easily exchange my dollar to naira without any compromise, If dollar like let it increase to 2k per dollar.. I don't want to be caught up. 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. Point to note : when Soludo came into office exchange rate was around 127 naira to $1 and when he left 147. No, right now you can only transfer US Dollars (USD) to Nigeria. When we look at this month, USD was traded at ₦495 at the beginning of this February on Monday, February 1, … Please how much is Dollar to Naira if I want to change from Aboki? @Fork the Queen This the main reason 4 the sharp drop in Dollar to Naira. I'm not trading, I just held my cash in dollars. Piggyvest is founded and managed by UBA(United Bank Of Africa) you can read about them on their platform so no nonsense talk please... In this comparison, AED is the base currency and DKK is the quote or counter currency. The price of oil is gradually getting to pre-COVID levels, as well as ease-up of business restrictions. This is the new normal. The country economy is going down everyday, our money is depreciating immensely. Given recent policy changes, money transfers in Naira currency have been paused for the time being. Thank you! @AJ dont sell your dollars now wait till January 10 2021....you will thank me later... Is it safe to sell my Dollars Now or wait a little bit more... few months ago, l said the rate will pass 500 before the year end and we all see it now. USD to CAD forecast for tomorrow, this week and month. Somebody to teach me how to trade forex?!! Thailand don't consume Garri but they produces more cassava Plantation than Nigeria. federal governmt sud mk sure dt loan is avaliable nd reach d farmers at their local level( at their villages) nd provide (100% support) for young graduates to mk dem hv interest in agriculture to our econmy come back alive( increase standard of living nd reduce cost of living to 10%). The banknote of 5000 Drachma depicts Theodoros Kolokotronis, Greek General. ... Naira Marley … @SamrexBitcoin by far. As long as you have the patience to wait to hit resistance/support levels, you can expect about that much return every month. the United States Dollar has been maintaining a steady rise in the last few months against the Naira in the parallel market . Very soon Nigerians will be importing Garri from thailand and other Asian countries. I pray for dollars to low, for Naira to have value , bcos rise indollar bring problem to economy, @Andybest even if you’re not a citizen of the country or you’re benefiting from the rise in dollar you shouldn’t pray for it to rise that mush just for your own selfish interest, majority of people are suffering in the country and rise of dollar will just lead to many deaths.Don’t be heartless please, may we all survive and may almighty make Nigeria great :). This website uses cookies to ensure you get the best experience on our 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. It's just like an online bank, When will N5 naira equals to $1, Note that the official exchange rate was 22 naira, the black market exchange rate was around 88 naira to 1 $. To others my candid advise is that you should sell off now and then buy dollar again when it finally drops drastically. The first banknote-type instrument was used in China in the 7th century, during the Tang dynasty (618–907). This means that Nigerians are likely to spend more buying goods and services in the international market. 1 AED is being exchanged for 1.6687 DKK on today on February 17, 2021.This comparison is denoted as AED/DKK = 1.6687 in currency trading. Please note that oil price under Sani Abacha regime was hovering around $20 per barrel and Nigeria was faced with numerous economic problems and some level of economic sanctions by the West leaving the government with little amount of dollars to go round the economy. There is no reason to expect reverse. USA dollar worst 475 which equivalent to Nigerian Naira worst 1, This people done finish person...UBA no dey try at all. The only solution is oil going back to pre-covid 19 state and it can only get there in 3-4yrs time. According to geographical observation and currency bar dollars shall not be fall in this year, but it might be fall on January or February. What happened and how is it going to be by next week? Crazy FX policy by CBN, make dollar demand higher and Naira is chasing few dollars available. They are using black market rates to trade but if you want to sell to them, they use mid market rates. . You better sell your dollars before end of week. The rate at which the Naira value depreciates is becoming unfathomable. dont sell your dollar phil. We expect more appreciation of dollar now as some borders are being opened now. when is our naira going to rise up now it very painful, Hmmmmm Should I change my 500 Dollars now? The Selling & Buying is by whom? During this time there were no need to buy forex in the black market or bureaux de change, exchangers were thrown out the market. Within 2 weeks from now, the $$ will be selling for 400 Naira. What the hell are you talking about... Don't sell your dollars, d commercial banks don't have enough in there purses to stop d falling of naira in the nearest future. when US ecnomics resume normal, the rate will rise to 600.believe me and just wait. This equals to no rise for US Dollar to Naira exchange rate for this week so far.. To have a monthly quick review, US Dollar was traded at ₦480 at the beginning of February on Monday, February … Subsidies removal will not save us rather,it will compound the problem the more. The Dollar to Naira exchange rate seems not stable rather it fluctuates from time to time against the Naira, leading to the Naira losing most of its value. Water don pass garri oooh.I told you guys not to panic and you people did. Yes, the amount being supplied to BDC is small, but expect gradual and steady increase in FX supply to BDC. Or take home the big "Oracle's Cup" (currently 5,000 Rewardicals) prize for an exact prediction. and went high to 164 naira at the end of 2014. What will be reason for the Rise in Dollar in January 10th Please? The government was forced to introduce strict measures such as banning the Interbank forex market and also 41 items from being eligible for forex, US Dollar rate is ₦477 against Naira in Black Market (Lagos) today, February 19, 2021. Nawa oooo no be small matter for dollar side. Naira is getting low everyday by day, i dont knw why 4 christ sake, Nigeria don tire me o, my brothers nd sister, Dollar dropping is not until next year by February. Before the CBN was selling 20T to every BDC four times in a week, that makes it 80T in a week. am curious from the bahamas. The inflation in dollar rate is really alarming But! Register with the link and grab your N1000 Where will you get it.? The rates are coming down tomorrow. Will this Naira still rise or should we change the small $500 we have now? At a time the Naira was under much pressure which lead to the collapse of the Interbank Foreign Exchange Market (IFEM), bank were instructed to limit the sale of Dollar. @DAN DAURA go get your fact right. i was charged 633 naira per pounds online today by uba, This is a very big shame to that Great Nation. The Naira was devalued to 85 naira while at same time the black market exchange rate was 105 to $1. As international flights begins now dollar we come down to 3+ so if u have dollar better sell it now. For sometime now the peak of the dollar to naira exchange rate has been pegged at 460. Hope it falls even more getting to N380 to 1 dollar. If you are looking for the best smartphone under 150 dollars with really solid battery life, you will have to look in the direction of TECNO Mobile, and the Pouvoir 3 is the model that wears this cap. A reverse??? The then administration had no choice rather than to accept the conditionality because of the pressure the Naira and the economy as a whole was under. easy to calculate, in case ,am advising nigerians to buy bitcoin and save it,there is no hope in tis 9ja ,maybe by next year ,u can sell urx with small gain, Where can I exchange my dollar to naira on black market, Why did Nigeria government like to inconvenience there own people, this dollar to Nigeria rate is too much. The issue you guys in naija is you always using religion in wrong way, Blame your government that does not have a long term plan goal to deal with increase dollar not religion. Please anyone has an idea how I can get the money out in cash. I hope to see Naira appreciating to 380/$1 by the end of the week. Dollar to Naira Black Market buy rates are used in calculating the Naira to Dollar conversion table. Have you ever asked “how much is Dollar to Naira exchange rate?” in this article you will get the Dollar to Naira exchange rate for black. Let's wait and see what the market would look like after one week of CBN sales to BDC. The Dollar/ Naira have not had a smooth ride ever since 1986, the relationship between both currency has been unpredictable leaving the economy of Nigeria poorer, Can the price come down again more than what we are seeing in the market? This simply means that source of funding for the Parallel would dry up. I see the shattering of this threshold soon. If nothing is done to cushion the effect of dollar rise against Naira, our Naira will continue to depreciate, inflation will rise and Nigerians will suffer more. 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. I pray let 1 dollars increase to 700 per dollars, dollaar has gone far as it can all that remain is to draw back in price, Dollar should go higher for my investment to be double. Things will get worse before it gets better. Time to be wise. The rate they charge me online is just too high and have lost money. This leaves a question if devaluation of the Naira under a flexible exchange rate will solve the problem once and for all. USD to CAD forecast on Thursday, February, 18: exchange rate 1.2710 Canadian Dollars, maximum 1.2901, minimum 1.2519. The great decline in dollar this morning should send a great danger to thos who are still hoping it will rise. Even Ghana cedi have rised against NGN. No too much talk... Dollar is very high that is everything is not going well in 9ja. Before the use of these notes, the Chinese used coins that were circular, with a … Dollar will go down the more by tomorrow but my advice is "do not sell your dollar now, keep calm it will rise before the end of next week, At least this is better than 480....i wish it goes back to 360. Please let the it continue to raise because it plays in a favourable way. The food baskets of the country has collapsed, Wow let the dollar keep rising. USD is being traded at ₦465 in Black Market(Lagos) today, Wednesday, February 17, 2021. what is the us dollar value to be converted. 5000 USD: 1,905,861.92 NGN: 10000 USD: 3,811,723.84 NGN: 50000 USD: 19,058,619.22 NGN: ... Our currency rankings show that the most popular Nigeria Naira exchange rate is the USD to NGN rate. Where can i sell my dollars on the black market in Lagos? Sebelum anda memutuskan untuk merenovasi rumah mengetahui harga borongan pekerja bangunan permeter semua pekerjaan tukang dan mandor diperlukan bagi anda yang sedang membutuhkan tenaga tukang untuk membangun sebuah rumah. But now the CBN is going to monitor them and the prices they quote that make them collect more than they need. Or should I leave it... before December, the naira will likely be sold for 500 against the dollar. As at today with USD being traded at ₦472 we see a -0.23% decline for United States Dollar to Naira exchange rate for this month. Well ..we all pray so, everybody is talking about dollar and forgotten that one kuwati dinar is equal to N1250, let pray for 5 naira to be equal to one dollar again, guys pls enough of this piggyvest stuff, lets talk about the situation of nigeria, @EDU_JOSH piggyvest seems to be a legit app but they say on their twitter account that they are not linked to UBA by any means. Don't really know at abujee.. but I got a strong feeling it's going to fall.. Sharp fall a few weeks ago, regain some value last week, what to expect this week. Where can I sell dollar in abuja with good rate. Effective and Efficiency are not the same. @Aloma. Moreover, the business men who were making dollar requisition more than the really needed were involved in round tripping, coming from behind to fund the parallel market. Nigeria should also make our refinaries to work effectively and put a stop to importing our own product. 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. If you panic, you will lose your money. In that way, you wont be a loser. The time have passed for that, can us dollars be used to purchase or you must exchange to naira? to speed up industrialization as witness in China and other country with weaker currency. The government then was only able to achieve this feet with a rigid exchange rate . When we look at the whole month, Dollar to Naira exchange rate was noted as ₦480 as the Black Market opened on Monday, February 01, 2021 at the start of this month. The currency code for Nairas is NGN, and the currency symbol is ₦. Crystal Ball challenges you to predict future events. There may not be enough dollar at the end of it all. A simple example: you have 100 USD in your account, and you decide to buy, say, Australian dollars (AUD). now the rate rising day by day,this is not good news... @giddy UBA is very greedy. The Naira was exchanged at 22 naira for $1 officially. USD has been traded at ₦475 when Black Market opened this week on Monday, February 15, 2021. yes,because USA will print trillons of dollars,which will devalue the US dollar. According to Sanwo-Olu, "Starting this month, Lagosians are going to see renewed efforts that have been put into uplifting their welfare and living standards. The 6.5billion dollar forex backlog demand and dividends . Subsequently the government miraculously obtained a debt relief of is it safe to sell your dollars now?? And where can change around Lekki County, Ikota Villa Estate. Remember that the currency symbol for Dollar (US Dollar) is $. Get ready. he quickly introduced the Interbank Foreign Exchange Market (IFEM) which aim was to narrow the gap between the official exchange rate and the black exchange rate. Is this not shameful as well? At this critical point the country had to introduce the bureaux de change. Volatility in Forex is almost infinitely smaller, so you need either high leverage or high initial deposit to be able to make anything. The Nigerian government didn’t capitalize on the rise in oil prices to build up its reserves. Dollar value is far more than what it is now. @david Can I transfer Naira to Nigeria via cash pick up? I think is advisable to sell ur dollars now. The Second-Tier Foreign Exchange Market (SFEM) is a product of the IMF which was presented to former President Ibrahim Babaginda’s regime. So our currency mean nothing again oh, I pray it come down oh so someone can do some thing, It's really clear to everyone that doller is creasing too far more than nigerian currency (Naira), I actually plan on selling my BTC since dollar is high but BTC doesn't want to go up yet so I would see gain. On what base the CBN will disburse dollar in a cheaper rate so that to easy the high inflation of price. how much can any man hoard in over 5trillion USD daily market. @TheParadox you are very correct.Is far best to keep money in cryptocurreny now than in bank. Sahabat 99 itulah biaya bangun rumah per meter berdasarkan simulasi yang dibuat. My money comes from outside country as BTC and keep most of it that way, so I no longer have to pay something called "with-holding tax" and a sundry list of other ridiculous charges. Base consciousness is important, because it is where all other states of mind arise. 350 participants were physically present at the venue which has the capacity to accommodate 5,000 people, while about 1,000 participants joined virtually. Tired of naira, got one opened in less than 4hours at UBA, Where in Abeokuta can I sell dollar at the rate stated here, Go to Itoku market and ask around for Mallam/Aboki exchanging dollar..they are many in that market, How will send dollar to Nigeria by pick up .I want know about old and new dollars. Wow..!! Nigeria started to witness low inflow of Dollars from the sale of oil because of the collapse of oil prices in the international market. where can I exchange my ethereum for naira... Why are you cheering for dollar rise? over $18 billion. What is the closing rate Usd/NGN as at today 03. don't sell your dollar yet.it will appreciate further.oil price will fall below 40 dollar this third quarter. I guess is going to come down if the America's Covid 19 vaccine circulates and become available to all. A United States Dollar ($1) was exchange at 90 kobo Our leader care less about dollar rising against naira, and this will affect our economy greatly. Eugene said oxygen supply had improved this year because more plants were working at full capacity. 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? My name is alhaji Ali Abdullahi kano . The high volatility gives you opportunity to make a nice income, but you have to be patient. The currency code for Dollars is USD, and the currency symbol is $. Click on United States Dollars or Euros to convert between that currency and all other currencies. It's better to sell now. From the standpoint of view the market seems to be indicating for a further fall. Someone please explain how do i change my naira to another currency and then back, OK now which state are you tell me I will helf you, Yeah, the different is clear to us# Locals productions is vital but the recent depleting of naira is attributed to the falls of oil prices. Trade cautiously. AED to DKK converter to compare United Arab Emirates Dirhams and Danish Kroner on todays exchange rate.