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Home Headlines

Black Market Dollar To Naira Exchange Rate Today 18th April 2022

Philips Sunday by Philips Sunday
3 years ago
in Headlines, News
Black Market Dollar To Naira Exchange Rate Today 14th July 2023

Black market dollar to naira exchange rate today 18th April 2022 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. What it means is that…you can buy or sell 1 dollar at ₦587 and the price can change (high or low) within hours.


How much is dollar to naira today in black market?: Black market dollar to naira exchange rate,

Newsone reports that the Nigeria parallel market (black market dollar exchange rate today) to the Nigerian Naira is as follows: For the Lagos market (black market).


LAGOS PARALLEL MARKET RATES April 18, 2022 (BLACK MARKET): dollar to naira exchange rate today black market (Aboki dollar rate)

Dollar to naira exchange rate for Monday, April 18 goes for [N583 to buy and N586 to sell].

Dollar to Naira (USD to NGN)Black Market Exchange Rate Today
Buying Rate584
Selling Rate587

Lagos parallel market (black market dollar exchange rate today: $1 dollar to naira today black market)- Aboki dollar rate

The local currency opened at N587.00 per $1 at the parallel market otherwise known as the black market, today, Monday, 18 April 2022, in Lagos Nigeria, after it closed at N586.00 per $1 on Sunday, 17 April 2022.

Black Market Dollar To Naira Exchange Rate Today 18th April 2022

Even though the dollar to naira opened in the parallel market at ₦587 per $1 today, Newsone reports that the Central Bank of Nigeria (CBN) does not recognize 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.

Newsone Nigeria reports that on the black market, the players buy a dollar for N584 and sell for N587 on Monday morning, April 18, 2022, after they bought N583 and sold for N586 on Sunday, 17 April 2022.

Meanwhile, Newsone Nigeria reports that the USD started this week at ₦587 in Parallel Market also known as Black Market on Monday, April 18, 2022, in Lagos Nigeria, after it opened at 587 last week Monday, April 11, 2022.


Disclaimer: NEWSONE 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 be different from what is captured in this article.

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Philips Sunday

Philips Sunday

Philips Sunday is a Journalist and SEO Expert with a demonstrated history of working in the media production industry. He has degrees in Mass Communication/Media Studies.Connect with him on Facebook, Instagram and LinkedIn.

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