23.3 C
Lagos
Friday, September 25, 2020

AbokiFX: Check Naira Exchange Rate

- Advertisement - data-full-width-responsive="false">

AbokiFX is a Nigerian web and mobile app platform that provides daily information and updates on the black market (parallel market) foreign exchange rate for the Nigerian Naira.

- Advertisement -

Making use of the power of the Nigerian internet space, AbokiFX has no doubt become the most reliable platform when it comes to the dissemination of foreign exchange related news in Nigeria.

On the AbokiFX platform, you can look out for news updates on currencies from global and local news agencies, with charts mapping different trends in the foreign exchange market over long periods.

AbokiFX is presently the most referenced platform in Nigeria when it comes to getting live exchange rates. It provides users with daily naira Foreign exchange rates against the (GBP) pound sterling, USD (dollars), (EUR) Euro and other currencies like XAF and XOF Benin and Cameroon Francs, and the (GHS) Ghana Cedis.

The platform also provides daily Market FX news, Lagos BDC rates, bank ATM rates, Aboki street news, CBN Rates, as well as Moneygram and Western Union rates.

AbokiFX Currency Conversion Calculator

One very important feature that any FX update site should have is a currency conversion calculator.

On the AbokiFX website, you will find a working currency conversion calculator that allows you to know just how much of a specific major currency (for instance, the US dollar, or British pound) you would get in exchange for a particular amount of the Nigerian naira.

The AbokiFX App

AbokiFX also is keeping up with internet trends as the platform now has a mobile app where users can access critical information with ease.

The app is available for both iOS and Android devices. Interestingly, if you have been finding it hard to download the AbokiFX app, the website can help you to download the version of the app that is most compatible for use on your tablets, phones, and other smart devices.

It guides users on the right steps to use in downloading the AbokiFX apps on your smartphone and the best way to navigate through the features on the app.

Advertisement
data-full-width-responsive="true">

Exchange Rates on AbokiFX

Users can also access Information on currency exchange rate available in some Nigerian banks on the website. Guarantee Trust Bank and Access Bank are the most active banks because their FX rates are often published.

You can view the latest information with regards to price movements between the Nigerian Naira and other country’s currencies, previous rates, rates set by the Central Bank of Nigeria (CBN), and rates charged by international money transfer firms such as the Western Union and MoneyGram, as well as parallel market prices.

CBN Official Rates

AbokiFX app and site also features a direct connection to the official rates of the Central Bank of Nigeria. While checking the standards of the parallel market, users can keep tabs on what the official CBN rates are and make guided choices through this flexibility, all from a single platform.

ATM Rates

ATM rates on AbokiFX will give users a working idea of the exchange rates that banks in Nigeria give to their customers, under the thorough supervision of the CBN. If you would like to know the ATM rates of currency together with the monthly rate postings, you will find this tab very useful.

Western Union Rates

For people who are willing to send or receive money through the Western Union channel, you can use the AbokiFX app to check the rate for which transactions are carried out for the Nigerian Naira (NGN) against currencies like the United Kingdom Pound Sterling (GDB), the United States Dollars (USD), and the EURO.

Black Market BDC Rates

Bureau de Changes in Nigeria are a vital part of the foreign exchange ecosystem in the country. Hence, AbokiFx offers you the chance to know what the businesses approved by the CBN to play in the Nigerian forex market has to offer.

In­depth Coverage of Parallel Market FX Rates

With the black market or parallel market being the primary destination for a good percentage of Nigerians sourcing for various foreign exchange requirements, the AbokiFX app protecta its users from making costly mistakes as a result of uncertainties or a lack/insufficient knowledge.

The App’s feature of providing the accurate currency quotes for both the morning, afternoon, and evening helps to eliminate any misinformation that may come up.

These innovations apply to all the primary currency pairs on offers such as the Dollar, the Pound, and the Euro rates against the Nigerian Naira.

Economic News and Updates

With this feature on abokifx, users can get current information regarding fiscal decisions and policy made by financial/monetary regulatory agencies, forecasts, and trends in the global and Nigerian financial markets, commentaries, and insightful analysis as well as other useful information.

Advertisement
data-full-width-responsive="true">

The AbokiFx News is designed to run on a month­-by­-month basis. On the website, you can find news events on current economic realities and find in-depth analysis that spans across happenings in the global currency exchange market as well as the global economy.

These provide varying perspectives to users so that they can make accurate and informed choices regarding their economic and financial decisions.

How to use AbokiFX

To use any of the AbokiFX platforms, all you have do is – to visit their web page at abokifx.com and then use the available navigation boxes to get the exchange rates as required.

If you want to download the mobile app, you can search your phone’s app store for the compatible application to install.

- Advertisement -
- Advertisement -

Trending Now

How to Trade on Bittrex?

If you are looking for an exchange site you can trust, bittrex is one of them; Bittrex is one of the largest...
- Advertisement -

Startimes Subscription Prices, Packages and Channels List in 2020

StarTimes Nigeria is one of the popular cable TV providers in Nigeria. This service is a subsidiary of a Chinese based company...

10 Best Places to Download Bollywood Movies

Do you spend hours watching Bollywood movies as I do? Have you been in search of the perfect sites to download the...

Big Brother Naija 2020: How to Vote Using MyDStv, MyGOtv App?

Big Brother Naija pepper dem has been everything hot and spicy since it started, and Big brother keeps serving us the viewers...

7 Best Offline Racing Games for Android Users in 2020

Are you a real gamer? If you are one, then you will know how exciting it can be to experience the adrenaline rush that...

GB WhatsApp, WhatsApp Plus and OG WhatsApp Tips and Tricks

Checkout the new GB WhatsApp Tutorial. Hello, welcome to WhatsApp Plus, OG WhatsApp and GB WhatsApp tips and tricks. For the sake of this article,...

Best Low Size PC Action Games For Your Old PC/Laptop With Low Specs

Gaming time is one our favorite time and nothing beats the ability to play high-quality games on our PCs but like some of our...

9+ Infinix Phones With Best Camera in 2020

People purchase smartphones for different reasons, and it is no brainer that the camera specifications is one of the features they look out for...

MyGOtv App – Manage Your GOtv Account & Subscription Easily

Multichoice Nigeria, the owners of DStv and GOtv has recently launched a new mobile application called MyGOtv, for its popular digital platform, GOtv. According to...

DStv Channels List, Packages and Prices in 2020

Thousands of people in Nigeria have put their trust in DStv to provide them with the very best of television shows and programs. DStv (Digital...

22 Smartphones With the Highest Screen to Body Ratio in 2020

Screen to body ratio on a smartphone screen recently turned into an important thing to consider when comparing smartphones. It became more...
- Advertisement -

Related Posts

Stanbic IBTC Mobile Banking App: Features and Download Link

Stanbic IBTC mobile app has similar functionality to the GTBank mobile app, FCMB mobile app, Zenith bank mobile app, Eco Bank mobile...

SMEs: Features, Challenges And Why The Nigerian Society Needs Them

I would forgive you if you didn't know what SMEs mean or if you are just getting to know that such abbreviation exists. Well,...

6 Excellent Employee Recognition Apps to Reward and Motivate Workforce

Organizations across the world have recognized the importance of employees as the most valuable resource. For an organization to succeed, it must manage employees...

Quickteller Paypoint Agent: Everything You Need to Know

Quickteller Paypoint is the trade name of the IFIS (Interswitch Financial Inclusion Services) sites. Everything is in one place where you can...

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.