AbokiFX Dollar To Naira Black Market Exchange Rate For Today May 16, 2024

AbokiFX Dollar To Naira Black Market Exchange Rate For Today May 16, 2024
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Current AbokiFX Black Market Rates: Dollar to Naira - March 29, 2024

Looking to stay updated on the current exchange rate of the Aboki Dollar to Naira in the black market? Your search ends here!

AbokiFX Black Market Exchange Rate for Dollar to Naira Today March 20, 2024

In this article, we aim to keep you informed with the latest developments regarding the Aboki Dollar exchange rate, empowering you to make informed decisions about your currency transactions.

Understanding Aboki Dollar:

The term “Aboki Dollar” refers to the informal currency exchange market prevalent in Nigeria. In this market, people, colloquially known as “Abokis,” facilitate transactions involving foreign currencies, such as the US Dollar (USD) to Nigerian Naira (NGN).

Operating outside the formal banking system, the Aboki Dollar market plays a significant role in the Nigerian economy.

Current Aboki Dollar to Naira Exchange Rate:

As of May 16th, 2024, the exchange rate for the Aboki Dollar to Naira in the black market may fluctuate based on various factors including market dynamics, demand, and supply.

According to data collected by GoldenNewNG from Aboki traders in Lagos, the prevailing rates are as follows:

Aboki Black Market Rate Today (May 16, 2024):

– Buying Rate: ₦1,525.00
– Selling Rate: ₦1,545.00

Stay tuned for real-time updates and insights into the Aboki Dollar exchange rate to make informed financial decisions.

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