Dollar To Naira Exchange Rate Today 29th April 2022 Black Market

Dollar to Naira exchange rate today 29th April 2022 Black Market can be accessed below.

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 ₦585 and the price can change (high or low) within hours.

How much is dollar to naira today in black market?

iexclusivenews reports that the Nigeria parallel market (black market dollar exchange rate today) to the Nigerian Naira is as follows.

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LAGOS PARALLEL MARKET RATES April 29, 2022 (BLACK MARKET): dollar to naira exchange rate today black market 

Dollar to naira exchange rate for Thursday, April 28 goes for (N582 to buy and N585 to sell)

USD to NGN.     Black Market Exchange Rate Today

Buying Rate                  582

Selling Rate                  585

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

The local currency opened at N585.00 per $1 at the parallel market. Otherwise known as the black market, today, Friday, 29 April 2022, in Lagos Nigeria. After it closed at N587.00 per $1 on Thursday, 28 April 2022.

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Even though the dollar to naira opened in the parallel market at ₦585 per $1 today. 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.

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iexclusivenews Nigeria reports that on the black market. The players buy a dollar for N582 and sell for N585 on Friday morning, April 29, 2022. After they bought N583 and sold for N587 on Thursday, 28 April 2022.

However, iexclusivenews Nigeria reports that the USD started this week at ₦587 in Parallel Market also known as Black Market on Monday, April 25, 2022, in Lagos Nigeria, after it opened at 587 last week Monday, April 18, 2022.

Disclaimer: iexclusivenews 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.