If you’re looking to know how much the United Arab Emirates Dirham (AED) is worth in Nigerian Naira (NGN) on the black market, this guide provides the latest rates and conversions for easy understanding.
Current AED to Naira Black Market Rate
The United Arab Emirates Dirham is currently exchanged for ₦160 per 1 AED on the black market in Nigeria.
Conversion Table: AED to Naira (Black Market)
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1 AED = ₦160
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50 AED = ₦8,000
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100 AED = ₦16,000
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500 AED = ₦80,000
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1,000 AED = ₦160,000
This table provides a quick reference for converting AED to Naira for personal or business transactions.
FAQs
What is the black market rate for 1 AED in Nigeria?
Currently, 1 United Arab Emirates Dirham is exchanged for ₦160 on the black market.
How can I convert AED to Naira easily?
You can use online currency converters, check local forex dealers, or refer to black market rates for accurate conversions.
Is the black market rate different from the official bank rate?
Yes. Black market rates are usually higher than official bank rates due to supply and demand differences in unofficial currency exchanges.
Can I exchange large amounts of AED at the black market?
Yes, but exercise caution. Always deal with trusted forex operators to avoid fraud and ensure safe transactions.
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