Price of Yuan to Naira in the Black Market February 2025

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Price of Yuan to Naira in the Black Market
Price of Yuan to Naira in the Black Market

The current price of Yuan to Naira in the black market today February 14th 2025, is higher than the official rate. As we all know, the black market price is unofficial and always determined by the vendors instead of the government. Whether you want to change 10 rmb, 20 rmb, 50 rmb, 100 rmb, 500 rmb, 1,000 rmb, 5,000 rmb, 10,000 rmb, 20,000 rmb, 50,000 rmb, 100,000 rmb or 1 million (1,000,000) rmb to naira in the black market, you can conveniently do it bearing in mind the risk associated with black market exchange rates.

China has a far better economy than Nigeria, their economy is booming hence their currency has more value than the naira currency. If you visit any aboki spot in Lagos or anywhere in Nigeria to change 10,000 yuan to naira in the black market, just know that you’re coming back with millions in your naira bank account.

Risks Associated with Black Market Currency Deals

If you’re trading in the black market, just know it that you’re on your own. There are many risks associated with this illegal market in Nigeria. Just know it that the EFCC is always against people trading on the black markets. So you have to be very careful because when caught, you might face legal charges.

The second reason not to trade in the black market is due to the fake currency flooding the market. When they give you fake currency, banks will reject it and when you come back to them, (the aboki currency exchangers) they’ll deny you. Trading in the black market is very risky, you might lose your money.

The third risk associated with it is your inability to prosecute currency scammers. According to the law, both the currency buyer and seller are guilty, so prosecuting whosoever scammed you won’t be considered at all because you might end up prosecuting yourself too.

List of Aboki Yuan Black Market Dealers in Nigeria

  • Agbara Aboki Black Market Spot

This place is located along Mile 2 Badagry road after Ijanikin. At Agbara market, you can find goo number of aboki currency black market dealers who will buy you Chinese Yuan or you can buy from them. They’re not hidden, they’re located at agbara market junction.

  • Alaba International Black market spot

Alaba International is a popular market in Lagos located in Ojo Local government area. In this market, just beside the union bank that’s along the road, there are numerous aboki yuan buyers in this place. All you need to do is to take your yuan currency to them and they’ll credit your account with the naira equivalent at black market rate.

  • CMS Marina Aboki Spot Lagos Island

In this place, you can change any currency of your choice. You can change your dollar to naira, Pounds to naira and Yuan to naira, all at black market rates.

  • Ama Awusa Owerri

This place is located in Imo state. When you get to Owerri, just head towards Douglas road by Ama-Awusa. In this place, you’ll see hundreds of aboki dollar, pounds, yuan, etc exchangers ready to buy and sell currency from and to you. You can conveniently change your yuan to naira here.

  • Ogbete Market Enugu State

One common thing among all aboki currency market exchangers is that they’re always located in the market square. This market is a popular area located in the heart of Enugu state. When you get to Enugu state, just tell them you’re going to Ogbete market where you can change your yuan to naira, when you get there, ask of aboki dollar buyers spot.

Note: As I said earlier, you can buy and sell your yuan, dollar or pounds from aboki at black market exchange rate in major markets of every capital city in Nigeria.

Price of Yuan to Naira in the Black Market

The current price of Yuan to naira in the black market as of today February 14th 2025, is ¥1 = ₦210 in every aboki black market spot in Nigeria.

  • ¥1 = ₦210
  • ¥5 = ₦1,050
  • ¥10 = ₦2,100
  • ¥50 = ₦10,500
  • ¥100 = ₦21,000
  • ¥500 = ₦105,000
  • ¥1,000 = ₦210,000
  • ¥5,000 = ₦1,050,000
  • ¥10,000 = ₦2,100,000
  • ¥50,000 = ₦10,500,000
  • ¥100,000 = ₦21,000,000
  • ¥1,000,000 = ₦210,000,000
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