US Dollar to Naira Black Market (Lagos) Rates

i hope one dollar to become 1 naira one day

Too bad

For sometime now the peak of the dollar to naira exchange rate has been pegged at 460. I see the shattering of this threshold soon. Once it breaks loose, then expect the rate to skyrocket more.

No sign of it coming down, our government policies don't help it to either stabilize or decrease

I hope it'll come down

Dollar will not come down below 450 again till after this year

Forget the rhetorics of cbn selling dollar to bureau de change to drive down the cost of that currency. It will not work. They know it. It is as simple as the law of demand and supply

Debt owed to China is hanging on the neck of Nigeria and oil prices are low .To understand why naira will always depreciate, ask yourself what percentage of Nigeria's oil revenue is used to service foreign debts and what does Nigeria offer the world in terms of industrial production in order to earn dollar. This country is doomed to perpetual frustration and the burden will be heavier on the future generations of this country

What's really happening in this country?

2009 dollars is now been rejecting in the market, if you have it bring it out now soon it will be hard to sell it,

Too high

Please which application or software should I installed to get dollar at low rate

CBN is not helping the NAIRA by now they should start selling to BDC. Everything about CBN is audio

I want to buy goods from a importer,am scared if I should buy in large quantity that the dollar may go higher or I should buy in low quantity it may low? Please my people I need your advice

When is CBN going to disburse dollar?

Please can I sell my dollers to some one I am loving in sokoto state he in Lagos because the price in Lagos is better then sokoto state,?.

I see the dollar skyrocketing more but I can't predict when. My prediction hinges on the ongoing COVID-19 pandemic. I see a more devastating effect on the economy soon.

Most online trf from USA to Ng is still 380. Who knows the best way to send actual dollar from usa to Ng. So that one can get the best black market exchange rate

How can I purchase dollar in the black market online

It's very high

Would the value of dollar sky rocket between June and july

How much is dollar today Pls I need answer

Please which software that you can send dollar to naira into my bank account anybody that have suggestion please let me know

I think for those people that one sell the dollar should be sell for another person so they can make their own money sharp sharp don't keep the dollar too long because they can have any problem at any time thanks IBB

Abeg if u can let's d dollar rate at 490 I'll be happy

Now that cbn and bureau de change will soon pump dollar into the market, the naira exchange rate will improve. Besides, oil prices have gone up

Abeg make dollar increase reach like 900

Dollar may not be able to increase than this rate

Will dollar rise to 500 naria Or will it go down

I thought CBN want to start selling dollars to BDC operators late of 378 so that they can sale 380

Pls, will the value of dollars increase in the next month June

Please can someone tell me what will be the fate of the exchange rate by June ending... I need professional advice pls...

To be honest, dollar exchange rate may not be higher than what we are experiencing now because most countries are about to open their economy now. Again, oil price is rising up.

Can you predict naira/dollar rate for the next one month

@Dele good evening, you can click the "Year" button above the chart and see rate for any date by clicking on the date you want for the last 365 days

Can dollar rise more

good evening, please is it possible for me to see history for black rate fir dollar from January 2020

I want to be one of those markers selling dollar

Please how much is dollar today?

It's still rising ooo.I will still save my Money.....

can anybody kindly explain to me where we are heading to as a country with niara at 460.what will happen to niara by june and july.i just dey ask my pipo

you can not really predict but I think naira to dollars @ 445 and 450 there about in de black market is a stable price for now. Although, if businesses picked up by next week after sallah there might be pressure on naira to depreciate de more. So, the choice to sell or buy is yours. Any which way, one may not loose.

I need professional advice on either to sell dollar now or hold for few more weeks for more gain?

started saving your dollar as at last year... Next time make sure you maintain a dollar account... Farewells bra..

Hello Angelize, I think it's good change now, at least dollar/naira rate is really high as it is now.

I have like 500 Dollars I have been saving since last year. Please is this Dollar going to rise, or should I change it now. ? Your advise needed pls.

If I buy dollar at 445 today is there a change I will profit from it in 2 weeks time due to pandemic

Please I want to change my old dollar bills, where can I change it?

I want to change my Dollars where can I change it

@ Whyte, its sure going to go up. when pressure mounts on the naira in the coming weeks as businesses tries to kick start again. Besides CBN is likely going to officially devalue the naira to enable them attract the needed foreign portfolio investors

Please is the dollar rate to Naira going to appreciate?I want to know, maybe it's better I sell my dollar now before the rate drop back to 360..

Please on 30th April I changed 100 dollars to naira and what I got was #36,700 but on on 27th April what I got was 44,677 at the same rate. I don't understand.

Keep your dollar, soon the rate is going to hit 550 in 2 - 3 weeks time or less..

How long do you guys think is best to keep dollar currency, before sale in order to maximize gain.

What can CBN do now, what is the next line of action

How can the NGN not depreciate, with the Government, the major provider of FX in the economy suffering a massive plunge in FX revenues due to the drop in oil prices to a decades-long low? It has to be so in the parallel market whether or not the Govt officially devalues the Naira, and it may have to do so eventually anyway. Why? Because it can’t attract FDI at current official exchange rate. Plus, it needs to raise more Naira from the now much reduced FX it earns from oil in order to finance its budget, which has now been revised to a crude benchmark price of over $30. Since the revision, oil has been selling at below $30 per barrel, closer to $20. This is compounded by the fact that the other key revenue sources, namely, taxes and import duties will also plunge due to the ongoing Pandemic, as imports are not happening and businesses that are supposed to pay the bulk of the taxes, are counting their losses. The prognosis of the oil market doesn’t show that oil demand would rise significantly any time soon as there is no certainty as to when the Pandemic would permit that. Trucks and other vehicles, which account for a estimated 40% consumption of goblin oil are off the roads, airlines are not working and factories remain shut. So, who needs the oil? Storage capacity is filled up globally. Expect the Naira to go to N500/$1 soon.

please where can I buy Australian dollars in Nigeria. Please it is urgent. Thanks

The best thing to do after covid19 lockdown is to have an investment in US dollars ....you can't go wrong.

What is the prospect of dollar to naira in the next 3 months

Wil dollar still rise more than this in some days to come

Sir I need to buy Dollar but am avoiding fake , please can you direct me to a reliable seller

is it possible that the dollar ll gain more value in days to come due to the covid 19 pandemic?

The effects of Covid-19. Above 6% rise from 360 to 385,is very depreciating. If not, it could pegged to 400 in coming days.

I Have 1LK UsD , I wanna sell it , how I can sell it

This indicates that the Naira is now stable against the major currencies. It may be indicative of a positive response of the CBN economic policy. Nigerians should be hopeful!