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Black Market Dollar To Naira Today 6th November 2022

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

Black market dollar to naira exchange rate today 6 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 ₦890 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.

November 6 dollar to naira black market exchange rate: $1 dollar to naira = ₦890

Dollar to Naira (USD to NGN)Black Market Exchange Rate Today
Buying Rate885
Selling Rate890

The local currency opened at N890.00 per $1 at the parallel market otherwise known as the black market today Sunday, 6 November 2022, in Lagos Nigeria, after it closed at N890.00 per $1 on Saturday, 5 November 2022.

Even though the dollar to naira opened in the parallel market at ₦890 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 N885 and sell for N890 on Sunday morning, November 6, 2022, after they bought N885 and sold for N890 on Saturday, November 5, 2022.

Meanwhile, Newsone Nigeria reports that the USD started this week at ₦800 in Parallel Market also known as Black Market on Monday, October 31, 2022, in Lagos Nigeria, after it opened at  ₦760 last week Monday, October 24, 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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