Do you want to send 5000$ to someone in Nigeria or you want to buy 5000$ Dollars right now?
We all know that with out connection you won’t be able to secure forex at the official exchange rate.
We have to adhere to CBN and we are displaying CBN rate
It’s better you look elsewhere ; the best places to look at is the black market where Dollars are available 24/7.
5000 Dollars today is worth 3000000 (million) Naira at the Black Market as at today.
This means that if you want to Buy 5000 Dollars from the Black Market (Abok) then you should spend at least 3000000
If you want to sell 5000 Dollars at the Black market (Aboki) then you will get or realise 2950000
The spread between the official market and the black market segment rates is really not that much.
You will notice that if you have 5000 naira in Nigeria today, you are a rich man because this actually runs into millions if exchange in the black market.
Our Dollar to Nigerian Naira Black Market conversion tool will help you to compare and track the changes at the black market, you will be able to determine the currency rate with current travel money exchange rates available within the parallel exchange markets.
|Buy 5000$||Sell 5000$|
Q: What is the Dollar worth of 5000 Dollars against the Naira in’ Black Market?
A: 5000 Dollar is worth 3000000 Naira today in the black market
Q: If I want to sell 5000 Dollars how much Naira will I get?
A: based on Today’s exchange rate at the black market, you should get 2950000
Q: If I want to buy 5000 Dollars how much Naira will I get?
A: based on Today’s exchange rate at the black market, you should get 3000000
Check:100 Dollars to Naira