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Black Market Dollar To Naira Exchange Rate Today, August 29, 2022
Black market dollar to naira exchange rate today 29 August 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. What it means is that…you can buy or sell 1 dollar at ₦697 and the price can change (high or low) within hours.
How much is the exchange rate of Dollar to Naira in Black Market today?
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 August 29, 2022 (BLACK MARKET): dollar to naira exchange rate today black market
August 29 dollar to naira black market exchange rate: $1 dollar to naira = ₦697
| Dollar to Naira (USD to NGN) | Black market dollar to naira |
| Buying Rate | 694 |
| Selling Rate | 697 |
Lagos parallel market (black market dollar exchange rate today: Aboki dollar rate)
The local currency opened at N697.00 per $1 at the parallel market otherwise known as the black market today Monday, 29 August 2022, in Lagos Nigeria, after it closed at N690.00 per $1 on Sunday, 28 August 2022.
Black market dollar to naira exchange rate today
Even though the dollar to naira opened in the parallel market at ₦697 per $1 today, Newsone 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.
Newsone Nigeria reports that on the black market, the players buy a dollar for N694 and sell for N697 on Monday, August 29, 2022, after they bought N687 and sold for N690 on Sunday, 28 August 2022.
Meanwhile, Newsone Nigeria reports that the USD started this week at ₦697 in Parallel Market also known as Black Market on Monday, 22 August 2022, in Lagos Nigeria, after it opened at ₦687 last week Monday, 22 August 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.
