It also includes the euro to pounds exchange rates, euro to yen exchange rates, and euro to naira exchange rates among others. Dollar Rate Black Market: The “Dollar rate” in the black market refers to the exchange rate between the US Dollar (USD) and the Naira (NGN) in the informal currency market. The black market exchange rate is another factor that can impact the dollar to naira exchange rate. The black market exchange rate is another factor that can impact the pound to naira exchange rate. Euro to Naira Exchange RateThe euro to naira black market exchange rate in Nigeria is around 800 Naira to 1 euro.

Source: The Guardian August 10, 2023 08:15 UTC