Nafex also offers a door step delivery of forexif the currency exchanged is for more than INR 50,000. 24 of 1991, CBN Decree Amendments 1993,No. The most accurate Currency Exchange rates website. About. In our view, the exchange rate used under the Nigerian Autonomous Foreign Exchange Rate Fixing (NAFEX) ... Fitch: Nigerian Banks Plan Market-Based Reporting of FC Exposure. Whether you are going on a holiday or a business trip, looking for authorised dealers to exchange USD - US Dollar to INR - Indian Rupee, it's always good to stay up to date. Current exchange rate US DOLLAR (USD) to NIGERIA NAIRA (NGN) including currency converter, buying & selling rate and historical conversion chart. Nigerian Naira exchange rates and currency conversion. More Philippine Peso info > Popular US Dollar (USD) Currency Pairings. Send and receive money in minutes worldwide with NAFEX. Currency conversionNafex, provides the best currency exchange rate, as it has a bidding platform, where money changers bid, to give the customers the best exchange rates. Instant bank credit to India 24/7 365 days a year with NAFEX Send money direct to your bank account with NAFEX Reserve your currency online for in-store collection with NAFEX All this is done at zero commission and best interbank rates. Please visit Philippine Peso(PHP) To Bahraini Dinar(BHD). Link to this page - if you would like to link to Bahraini Dinar(BHD) To Philippine Peso(PHP) Exchange Rates. Forex turnover dropped by 31.5%, as Nigeria’s exchange rate at the NAFEX window depreciated against the dollar to close at N386/$1 during intra-day trading on Monday, November 23.. Also, the naira appreciated marginally against the dollar, closing at N483/$1 at the parallel market on Monday, November 23, 2020, as ABCON warns forex speculators against forcefully pushing for the … *Rates are subject to change and may vary. June 12, 2017/InvestmentOne Research This id the NGN/USD opening and closing rates for NAFEX and the closing NGN/USD rate at the parallel market. 38 of 1998,1999 and CBN Act of 2007. DON'T CUT COSTS, CUT WASTE. Philippine Peso per US Dollar Exchange Rates: Daily Peso per US Dollar; Daily, Monthly (Average and End-of-Period)and Annual Peso per US Dollar; Daily Reference Exchange Rate Bulletin (RERB): Daily (current day) Daily (starting January 2017) Cross Rates: Daily Peso, US Dollar and Euro Cross Rates ; Monthly and Annual Philippine Peso Cross Rates Nafex.com is your one stop solution for all foreign exchange product - currency notes, forex cards and overseas remittance. The windows are: Official Interbank Wholesale window; NAFEX Window (NAFEX - Nigerian Autonomous Foreign Exchange window) quoted on the FMDQ OTC Securities Exchange platform NAFEX is a polled rate based on the submissions of ten (10) contributing banks and calculated using a trimmed arithmetic mean. I would say we basically have three rates today: N305 which is the CBN rate, N325 which is NIFEX and this new NAFEX which is about N372. Nigeria Three Month Interbank Rate (Nibor) was at 0.49 percent on Thursday December 10. * Maximum order of BHD 5,000. FMDQ explained that NAFEX is the FMDQ reference rate for foreign exchange (FX) activities in the Investors’ & Exporters’ FX Window and is designed to represent Spot FX market rates … There are about 6 Forex windows maintained by the CBN each with a different exchange rate. Business 13 hours ago. Check today's rates. Interbank Rate in Nigeria averaged 13.32 percent from 2007 until 2020, reaching an all time high of 38.96 percent in September of 2013 and a record low of 0 percent in November of 2017. Nafex.com brings you an innovative new way to buy and sell foreign exchange in India online, which is hassle-free. 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