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Dollar to Naira Black Market Exchange Rate Today 6th September 2023 (Aboki FX)

Dollar to Naira Black Market Exchange Rate Today 6th September 2023, Aboki FX rate can be accessed below.

GoldenNewsNg has published the official Dollar to Naira black market exchange rate today and the black market dollar to Naira exchange rate today below. You can swap your dollar for Naira at these rates.

Dollar to Naira Today Black Market Rate on 06/09/2023

On September 6, 2023, sources from Bureau De Change (BDC) confirmed that the exchange rate for the US Dollar to the Nigerian Naira in the Lagos Black Market is N915 for buying and N925 for selling.

Dollars to Naira Today Black Market 06/09/2023

Dollar ($)Buying (₦)Selling (₦)
1 USD915925
2 USD18301850
5 USD45754625
10 USD91509250
15 USD1372513875
20 USD1830018500
25 USD2287523125
50 USD4575046250
100 USD9150092500
500 USD457500462500
1000 USD915000925000
2500 USD22875002312500
5000 USD45750004625000
10000 USD91500009250000

CBN Official Dollars to Naira Today 06/09/2023

On September 6, 2023, the Central Bank of Nigeria (CBN) exchange rate for the US Dollar to the Nigerian Naira in the Official Market is N753.862 for buying and N754.862 for selling

Dollar ($)Buying (₦)Selling (₦)
1 USD753.862754.862
2 USD1507.7241509.724
5 USD3769.313774.31
10 USD7538.627548.62
15 USD11307.9311322.93
20 USD15077.2415097.24
25 USD18846.5518871.55
50 USD37693.137743.1
100 USD75386.275486.2
500 USD376931377431
1000 USD753862754862
2500 USD18846551887155
5000 USD37693103774310
10000 USD75386207548620

CBN governor, Sanusi says naira could hit N1,500 per dollar

Muhammadu Sanusi II, the former Emir of Kano and former governor of the Central Bank of Nigeria, has expressed his concern that if the Central Bank of Nigeria decides to print more naira to address the country’s issues, the value of the naira could potentially drop to N1,500 per dollar.

In a video message addressed to Nigerians, Sanusi raised alarm over the misuse of the financial system by certain leaders. This suggests that he believes increasing the supply of naira without proper economic backing could lead to a significant devaluation of the currency, making it less valuable compared to the US dollar.

It’s important to note that currency devaluation can have various economic consequences, including increased inflation and reduced purchasing power for citizens. Sanusi’s warning highlights the need for responsible economic management to maintain the stability of a country’s currency.

 

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