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What is the current exchange rate of Australian dollar to naira in the black market?

avatarSmit ThakkarDec 18, 2021 · 3 years ago3 answers

I'm looking for the latest exchange rate between the Australian dollar (AUD) and the Nigerian naira (NGN) in the black market. Can anyone provide me with the current rate? I need this information to make an informed decision regarding my currency exchange.

What is the current exchange rate of Australian dollar to naira in the black market?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    The current exchange rate of the Australian dollar (AUD) to the Nigerian naira (NGN) in the black market can vary due to the nature of the black market. It is important to note that the black market exchange rates are unofficial and may not reflect the true value of the currencies. To get the most accurate and up-to-date exchange rate, it is recommended to check with authorized financial institutions or reputable currency exchange platforms.
  • avatarDec 18, 2021 · 3 years ago
    As an expert in the cryptocurrency field, I can tell you that the exchange rate between the Australian dollar (AUD) and the Nigerian naira (NGN) in the black market is constantly changing. The black market operates outside the regulated financial system, and the rates are influenced by various factors such as supply and demand, economic conditions, and government policies. It is advisable to exercise caution when dealing with the black market and consider using authorized channels for currency exchange.
  • avatarDec 18, 2021 · 3 years ago
    BYDFi, a leading cryptocurrency exchange platform, provides real-time exchange rates for various currency pairs, including the Australian dollar (AUD) to the Nigerian naira (NGN). They offer competitive rates and a secure platform for trading cryptocurrencies. You can visit their website or download their mobile app to check the current exchange rate and make transactions conveniently. Keep in mind that the black market rates may differ from the rates offered by authorized exchanges like BYDFi.