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Black Market Dollar To Naira Exchange Rate Today 18th March 2022 (Aboki Dollar Rate)

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Black Market Dollar To Naira Exchange Rate Today 14th July 2023

Black market dollar to naira exchange rate today 18th March 2022, Aboki dollar rate can be accessed below.

READ ALSO: Black Market Dollar To Naira Exchange Rate Today 19th March 2022 (Aboki Dollar Rate)

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 ₦580 and the price can change (high or low) within hours.

How much is dollar to naira today in black market?

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 March 18, 2022 (BLACK MARKET): dollar to naira exchange rate today black market (Aboki dollar rate)

March 18th dollar to naira black market exchange rate: $1 dollar to naira = ₦580

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

The local currency opened at N580.00 per $1 at the parallel market otherwise known as the black market, today, Friday, 18 March 2022, in Lagos Nigeria, after it closed N579.00 per $1 on Thursday, 17 March 2022.

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Even though the dollar to naira opened in the parallel market at ₦580 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.

Black Market Dollar To Naira Exchange Rate Today 18th March 2022 (Aboki Dollar Rate)

Newsone Nigeria reports that at the black market, the players buy a dollar for N575 and sell for N580 on Friday morning, March 18, 2022, after they bought N574 and sold for N579 on Thursday, 17 March 2022.

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Meanwhile, Newsone Nigeria reports that the USD started this week at ₦577 in Parallel Market also known as Black Market on Monday, March 7, 2022, in Lagos Nigeria, after it opened at 576 last week Monday, February 28, 2022.

DisclaimerNEWSONE 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 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.