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Black Market Dollar To Naira Exchange Rate Today 24 December 2022
Black market dollar to naira exchange rate for today 24 December 2022, Aboki dollar rate can be accessed below.
IMPORTANT NOTE: Please note that the exchange rate changes hourly.… it depends on the volume of dollars available and the Demands. It means that…you can buy or sell 1 dollar at ₦742 and ₦745, note that the price can change (high or low) within hours.
How much is a dollar to naira exchange rate today in the black market?
Dollar to naira exchange rate today black market (Aboki dollar rate):
News One reports that the exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N742 and sell at N745 on Saturday, 24 December 2022, according to sources at Bureau De Change (BDC).
Please note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market), as it has directed individuals who want to engage in Forex to approach their respective banks.
Black market dollar to naira exchange rate for today
Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
Buying Rate | N742 |
Selling Rate | N745 |
Please note that the rates you buy or sell forex may differ from what is captured in this article because prices vary.
The local currency opened at N745.00 per $1 at the parallel market otherwise known as the black market today Saturday, 24 December 2022, in Lagos Nigeria, after it closed at N745.00 per $1 on Friday, 23 December 2022.
Even though the dollar to naira opened in the parallel market at ₦745 per $1 today, News One Nigeria reports that the Central Bank of Nigeria (CBN) does not recognise the parallel market, otherwise known as the black market. The apex bank has therefore directed anyone who requires forex to approach their bank, insisting that the I&E window is the only known exchange.
News One Nigeria reports that in the black market, the players buy a dollar for N742 and sell for N745 on Saturday morning, December 24, 2022, after they purchased N743 and sold for N745 on Friday, 23 December 2022.
Meanwhile, News One Nigeria reports that the USD started this week at ₦747 in Parallel Market also known as Black Market on Monday, December 19, 2022, in Lagos Nigeria, after it opened at ₦743 last week Monday, December 12, 2022.
Disclaimer: News One Nigeria does not set or determine forex rates. The official NAFEX rates are obtained from the website of the FMDQOTC. Parallel market rates (black market rates) are obtained from various sources including online media outlets. The rates you buy or sell forex may differ from what is captured in this article.