Do you want to know how much 80 US dollars is in Nigerian Naira? We all know that dollars are mostly used as the currency for transactions in online businesses. You must therefore be aware of the USD to Naira conversion rate!
I’ll show you how much 80 USD is worth in today’s Naira in this post. How much is 80 dollars worth in naira according to the black market, Abokifx, and commercial banks’ exchange rates! So, stay with me as I explain this to you.
So how much is $80 in black market Naira? Let’s get down to business!
How Much is 80 USD in Naira in Black Market
First of all, I should remind you that the Naira’s exchange rate with US dollars fluctuates. From time to time, it changes! The higher the economic level of a country, the lower the exchange rate.
80 dollars is currently worth N61,200 in the black market!
Nigeria’s economic crisis has significantly reduced the value of the Naira. So, $1 is equal to ₦765 in black market.
The black market buying rate of 80 US dollars is N61,200 and the black market selling rate is N61,200.
Please be aware that the CBN, the Central Bank of Nigeria, in no way acknowledges the black market! Therefore, do this at your own risk.
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80 Dollars in Naira CBN Exchange Rate
As of today, the CBN buying rate of 80 dollars is N61,152.80 and the CBN selling rate is 61,152.80 Naira.
Most commercial banks use this CBN rate, but not all do.
The Central Bank of Nigeria buys and sells dollars at the CBN exchange rate. The black market and Abokifx rates are not the same as the CBN rate! The CBN rate is always lower than the black market rate and that is why most people dealing with dollars and Naira do prefer black market rate.
How Much is 80 Dollars in Naira Today Conclusion
Keep in mind that the Naira to dollar exchange rate is ever-changing because the national economy is not fixed. You could thus bookmark this page and return occasionally. Check the USD/Naira conversion rate before conducting any online transactions.
And that is on “How much is 80 USD (US Dollars) to NGN (Naira)“