Aboki Forex, a popular platform for tracking black market exchange rates, has unveiled the latest rates for the Nigerian Naira (NGN) against major foreign currencies as of 18 July 2023. With a commitment to providing accurate and up-to-date information, Aboki Forex serves as a valuable resource for individuals and businesses seeking real-time currency conversion rates.
As of the stated date, the Dollar to Naira rate stands at 815 NGN to 1 USD for buying, reflecting the prevailing market conditions. Conversely, for selling purposes, the rate is set at 820 NGN to 1 USD. These rates highlight the exchange value between the United States Dollar (USD) and the Nigerian Naira on the black market.
For those interested in Pound Sterling (GBP), the buying rate is 1,075 NGN to 1 GBP, while the selling rate is 1,090 NGN to 1 GBP. Similarly, the Euro (EUR) can be purchased at 885 NGN to 1 EUR, with a selling rate of 900 NGN to 1 EUR.
Other rates provided by Aboki Forex include the Canadian Dollar (CAD) to Naira rate, which is set at 670 NGN to 1 CAD for buying, and 680 NGN to 1 CAD for selling. Additionally, the South African Rand (ZAR) can be acquired at a rate of 45 NGN to 1 ZAR when buying, while the selling rate stands at 50 NGN to 1 ZAR.
Aboki Forex also provides information on the exchange rates for the UAE Dirham (AED), Chinese Yuan (CNY), Ghanaian Cedi (GHS), West African CFA franc (XOF), and Central African CFA franc (XAF). These rates allow individuals and businesses to stay informed about the value of their currencies when conducting transactions or engaging in international trade.
It is important to note that the rates provided by Aboki Forex are specific to the black market and may differ from the official rates set by financial institutions and government bodies. As such, individuals and businesses should exercise caution and consider multiple sources of information when dealing with currency exchanges.
With its reliable and timely updates, Aboki Forex continues to serve as a valuable platform for individuals and businesses seeking accurate information on black market exchange rates. By keeping users informed, it contributes to a transparent and efficient foreign exchange market in Nigeria.
Please note that these rates are subject to change due to market fluctuations, and it is recommended to verify the rates with trusted sources before engaging in any currency exchange transactions.
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