Ghana Cedi (GHS) to Naira Black Market Rate Today 20 October 2026
Rates updated
How much is Cedi to Naira?
1 Ghana Cedi (GHS) to Naira Black Market Rate Today - 20 October 2026 is 100 Naira
Today, the Naira Black Market exchange rate for 1 Ghanaian Cedi is 100 Naira. This means that you can get 100 Naira for every 1 Cedi that you exchange. The Black Market Exchange rate is typically higher than the official exchange rate because it is not regulated by the government.
What Factors Affect the Cedi to Naira Black Market Exchange Rate?
There are a number of factors that can affect the Cedi Black Market Exchange rate, including:
- Supply and demand for the Cedi
- The political and economic situation in Ghana and Nigeria
- The value of the US dollar
How to find a Reputable Cedi Black Market Exchange Dealer?
If you are looking to exchange GHS for Naira, it is important to find a reputable dealer. You can find GHS to NGN black market dealers online or in person. However, it is important to be careful when exchanging currency on the Naira Black Market, as there is a risk of being scammed.
Tips for Exchanging Ghana Cedi for Naira on the Black Market
- Only exchange Cedi (GHS) with reputable dealers.
- Ask for a written receipt for the exchange.
- Be aware of the current Cedi to Naira Black Market Exchange rate before you exchange your currency.
- Do not exchange large amounts of Cedi currency at once.
Black Market Rates
BUY
₦ 1370
DOLLAR (USD)
SELL
₦ 1375
BUY
₦ 1500
EURO (EUR)
SELL
₦ 1520
BUY
₦ 970
DOLLAR (CAD)
SELL
₦ 1000
BUY
₦ 65
RAND (ZAR)
SELL
₦ 80
BUY
₦ 350
DIRHAM (AED)
SELL
₦ 370
BUY
₦ 190
YUAN (CNY)
SELL
₦ 210
BUY
₦ 100
G.CEDI (GHS)
SELL
₦ 115
BUY
₦ 2300
CFA F.(XOF)
SELL
₦ 2350
BUY
₦ 2200
CFA F.(XAF)
SELL
₦ 2250
BUY
₦ 850
AUSSIE (AUD)
SELL
₦ 1000
Cedi to Naira Black Market Currency Converter
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Convert Cedi to Naira rate in the Black Market?
Here is an easy access to convert the Ghanaian Cedi (GHS) to Nigerian Naira using the Black Market Rates
Also you can convert the Nigerian Naira to Ghanaian Cedi (GHS) Currency using this currency converter
Cedi to Naira Currency Conversion Table
| Amount in Ghanaian Cedi (GHS) | Black Market Cedi to Naira |
|---|---|
| 1 Ghanaian Cedi (1) to Naira | 100 |
| 5 Ghanaian Cedi (5) to Naira | 500 |
| 10 Ghanaian Cedi (10) to Naira | 1,000 |
| 20 Ghanaian Cedi (20) to Naira | 2,000 |
| 50 Ghanaian Cedi (50) to Naira | 5,000 |
| 100 Ghanaian Cedi (100) to Naira | 10,000 |
| 200 Ghanaian Cedi (200) to Naira | 20,000 |
| 300 Ghanaian Cedi (300) to Naira | 30,000 |
| 400 Ghanaian Cedi (400) to Naira | 40,000 |
| 500 Ghanaian Cedi (500) to Naira | 50,000 |
| 600 Ghanaian Cedi (600) to Naira | 60,000 |
| 800 Ghanaian Cedi (800) to Naira | 80,000 |
| 1000 Ghanaian Cedi (1000) to Naira | 100,000 |
| 5000 Ghanaian Cedi (5000) to Naira | 500,000 |
| 10000 Ghanaian Cedi (10000) to Naira | 1,000,000 |
Naira to Cedi Currency Conversion Table
| 1 Naira to Cedi | 0.010 |
| 5 Naira to Cedi | 0.050 |
| 10 Naira to Cedi | 0.100 |
| 20 Naira to Cedi | 0.200 |
| 50 Naira to Cedi | 0.500 |
| 100 Naira to Cedi | 1.000 |
| 200 Naira to Cedi | 2.000 |
| 300 Naira to Cedi | 3.000 |
| 400 Naira to Cedi | 4.000 |
| 500 Naira to Cedi | 5.000 |
| 600 Naira to Cedi | 6.000 |
| 800 Naira to Cedi | 8.000 |
| 1000 Naira to Cedi | 10.000 |
| 5000 Naira to Cedi | 50.000 |
| 10000 Naira to Cedi | 100.000 |
Does Aboki Forex Trade (Exchange) Currencies?
No, we do not trade any currency pair. Aboki Forex is purely an information platform that provides real-time black market and official CBN exchange rates. To exchange currency, contact a licensed Bureau de Change (BDC), your bank, or a trusted local forex dealer.
Is AbokiFx the same as Aboki Forex?
No, Aboki Forex (abokiforex.app) and AbokiFx are two separate and unaffiliated platforms. We are not connected to AbokiFx in any way. Aboki Forex provides live black market and CBN exchange rates for all major currencies versus the Nigerian Naira.
How can I Exchange Currency in Nigeria?
To exchange foreign currency in Nigeria, you have several options: (1) Visit a licensed Bureau de Change (BDC) — these are regulated by the CBN and found in major cities. (2) Use your commercial bank — they offer official CBN rates for account holders. (3) Use a trusted local forex market dealer — these operate in parallel/black market and typically offer higher rates than banks. Always verify the current rate on Aboki Forex before exchanging to ensure you get a fair deal.
Are the Black Market Rates accurate in all Markets?
Aboki Forex provides average black market rates collected from multiple dealers across major Nigerian cities including Lagos, Abuja, Kano, and Port Harcourt. Because the parallel market is unregulated, actual rates vary by location, dealer, and transaction size. The rates on Aboki Forex are a reliable benchmark, but always confirm the exact rate with your dealer before completing any transaction.
What is the difference between CBN, I&E and Black Market Rates?
The CBN (Central Bank of Nigeria) rate is the official government exchange rate used by commercial banks and regulated financial institutions. The I&E (Investors and Exporters) window was a market-based rate that has now been merged with the official CBN rate following Nigeria's forex unification policy. The Black Market rate (also called the parallel market or street rate) is typically higher than the official rate and reflects actual supply and demand dynamics for foreign currency in Nigeria outside the regulated banking system.
How often are the exchange rates updated on Aboki Forex?
Black market exchange rates on Aboki Forex are updated every hour throughout the trading day. The rates reflect real-time data collected from parallel market dealers across Nigeria. CBN official rates are updated daily, typically after the Central Bank of Nigeria publishes its official rates each business day.
What is the best way to send money from the USA to Nigeria?
The best way to send money from the USA to Nigeria depends on the amount: Sendwave charges zero fees for everyday transfers, Wise gives the best exchange rate on larger amounts, and USDT P2P delivers naira closest to the black market rate. Note that Zelle, Cash App, and Venmo cannot send money to Nigeria. See our full guide on how to send money from the USA to Nigeria, and check the live dollar to naira black market rate before you send.
Why is the black market dollar to naira rate higher than the official CBN rate?
The black market dollar to naira rate is higher than the official CBN rate because of the gap between foreign currency supply and demand in Nigeria. The Central Bank of Nigeria controls access to dollars at the official rate, limiting who can buy forex through official channels. Businesses and individuals who cannot access dollars through banks must turn to the parallel market, where higher demand relative to supply drives up the exchange rate.