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Black Market Dollar To Naira Exchange Rate Today, 25th June 2022

dollar to naira: BDCs buy N600/$1 sell at N605/$1

Philips Sunday by Philips Sunday
3 years ago
in Headlines
Naira to Dollar Parallel Market Today 20 January 2025

Black market dollar to naira exchange rate today, 25th June 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 ₦605 and the price can change (high or low) within hours.

Newsone has obtained the official dollar to naira exchange rate in Nigeria today including the Black Market rates, Bureau De Change (BDC) rate, and CBN rates.

How Much Is Dollar To Naira Exchange Rate Today Official Rate?

June 25 dollar to naira official market exchange rate: $1 dollar to naira =₦414.99

The exchange rate between the Naira and the US dollar according to the official market forex data showed that the naira opened at ₦414.99 per dollar on Saturday, 25 June 2022, after it closed at ₦414.9733 per $1 Friday, 24 June 2022.

Friday 24 June 20221 USD = 414.9733 NGN
Thursday 23 June 20221 USD = 415.1788 NGN
Wednesday 22 June 20221 USD = 415.0814 NGN
Tuesday 21 June 20221 USD = 417.9126 NGN
Monday 20 June 20221 USD = 419.6651 NGN
Sunday 19 June 20221 USD = 415.6554 NGN
Saturday 18 June 20221 USD = 415.8231 NGN

How much is dollar to naira today in black market? Dollar to naira exchange rate today black market.(Aboki dollar rate Today in Nigeria):

June 25 dollar to naira black market exchange rate: $1 dollar to naira =₦605

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 24 June 2022 (BLACK MARKET): dollar to naira exchange rate today black market

Dollar to Naira (USD to NGN)Black Market Exchange Rate Today
Buying Rate600
Selling Rate605

The local currency opened at N605.00 per $1 at the parallel market otherwise known as the black market, today, Saturday, 25 June 2022, in Lagos Nigeria, after it closed at N605.00 per $1 on Friday, 24 June 2022.

Black Market Dollar To Naira Exchange Rate Today, 25th June 2022

Even though the dollar to naira opened in the parallel market at ₦605 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 N600 and sell for N605 on Saturday morning, June 25, 2022, after they bought N600 and sold for N605 on Friday, 24 June 2022.

Meanwhile, Newsone Nigeria reports that the USD started this week at ₦605 in Parallel Market also known as Black Market on Monday, 20 June 2022, in Lagos Nigeria, after it opened at ₦605 last week Monday 13 June 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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