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Meanwhile, Lagostimes Nigeriareports that the USD started this week at ₦580 in Parallel Market also known as Black Market on Monday, Septemin Lagos Nigeria.ĭisclaimer: Lagostimes Nigeria does not set or determine forex rates. This means the dollar to naira exchange rate maintained its position. after they bought N570 for and sold N575 the previous day. Lagostimes Nigeria reports that the black market, the players buy a dollar for N570 and sell for N575 on Wednesday morning, September 29, 2021. This represents a change of $0 from the previous day.
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The local currency opened at N575.00 per $1 at the parallel market otherwise known as the black market, today, Wednesday, 29 September 2021, in Lagos Nigeria after it closed N575.00 per $1 on Tuesday, 28 September 2021.
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Lagos parallel market (black market dollar exchange rate today) September 29 dollar to naira black market exchange rate: $1 dollar to naira = N575 LAGOS PARALLEL MARKET RATES Septem(BLACK MARKET) The Nigeria parallel market (black market dollar exchange rate today) to the Nigerian Naira is as follows: For the Lagos market (black market). How much is exchange rate of Dollar to Naira in Black Market today? The exchange rate between the Naira and the US dollar according to the data posted on the FMDQ Security Exchange where forex is officially traded showed that the naira opened at N414.05 per dollar on Wednesday, 29 September 2021, after it closed at N414.50 per $1 on Tuesday, 28 September 2021. September 29 dollar to naira official exchange rate: $1 dollar to naira = N414.05 How Much Is Dollar To Naira Exchange Rate Today Official Rate? Lagostimes Nigeria has obtained the official dollar to naira exchange rate in Nigeria today including the Black Market rates, Bureau De Change (BDC) rate, and CBN rates. Because of the festive season coming up, most of the guys would want to buy now," said a trader at one commercial bank.Dollar to Naira exchange rate today 29 September 2021, black market rate can be accessed below. "We expect some pressure on the Kenya shilling from importers going up to next week. The shilling is trading at a new all-time low, according to Refinitiv data. Kenya's shilling is expected to weaken due to increased importer dollar demand across various sectors, traders said.Ĭommercial banks quoted the shilling at 112.85/113.05 per dollar, compared with last Thursday's close of 112.50/70. "I would reckon most of the demand from merchadise importers for the season has been met already," said a trader at one commercial bank, adding the local unit was likely to maintain an appreciation bias until the new year. The Ugandan shilling is seen strengthening in the coming days as demand from importers slow as most of them have shipped in goods for holiday shoppers, traders said.Īt 0923 GMT, commercial banks quoted the shilling at 3,562/3,572, compared to last Thursday's closing of 3,560/3,570. The IMF and Zambia on Friday reached a staff level agreement on a $1.4 billion, three-year extended credit facility, bringing the country one step closer to a comprehensive debt overhaul. "We expect the kwacha to continue trading on the front foot next week with possibility of touching a high of 15 kwacha per dollar," ZANACO said in a note. Zambia National Commercial Bank (ZANACO) said FX-holding entities would start converting to the local unit to avoid further exchange losses. On Thursday, the kwacha appreciated to 16.0000 per dollar from a close of 17.8078 a week ago.