BREAKING
Black Market Dollar To Naira Today 29th October 2022
Black market dollar to naira exchange rate today 29th October 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 ₦785 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 TODAY: dollar to naira exchange rate today black market.
October 28 dollar to naira black market exchange rate: $1 dollar to naira = ₦768
The local currency opened at N785.00 per $1 at the parallel market otherwise known as the black market today Saturday, 29 October 2022, in Lagos Nigeria, after it closed at N768.00 per $1 on Friday, 28 October 2022.
Even though the dollar to naira opened in the parallel market at ₦785 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 in the black market, the players buy a dollar for N780 and sell for N785 on Saturday, 29 October 2022, after they purchased N765 and sold for N768 on Friday, 28 October 2022.
Meanwhile, Newsone Nigeria reports that the USD started this week at ₦760 in Parallel Market also known as Black Market on Monday, October 24, 2022, in Lagos Nigeria, after it opened at ₦745 last week Monday, October 17, 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.
