Are you trying to convert your US Dollar to Nigerian Naira on the parallel market also known as the black market?
Do you even know how much a Dollar is worth in Naira?
Or do you have $100 and you don’t know the conversion rate in Naira?
Well, you have come to the right source for the right information where we can help convert your $100 bills to Naira and also help you do the black market calculation.
On the black market today a $100 would be worth ₦75,000, this is because $1 is currently worth ₦750.
The Dollar to Naira exchange rate is very volatile and it changes from time to time based on market demand and supply of dollar.
Any slight drop in oil prices is bound to deplete Dollar reserves and this could trigger the Dollar exchange rate to rise against the Naira.
Meanwhile, if you want to sell 100 Dollars on the black market, you are going to sell it at ₦74,400.
At this current rate it meant that if you convert $100 to Nigerian Naira, you are going to get ₦74,400.
