Naira Exchanges N775 For A Dollar Today 24 November 2022 At Black Market
The Central Bank of Nigeria (CBN) does not recognise the parallel market, otherwise known as the black market.
Naira has appreciated again over the US Dollar at the black market and the new exchange rate can be accessed below.
iexclusivenews reports that Naira has depreciated against the U.S. dollar exchanging at N775/$1 on the exchange platform Aboki Forex.
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 ₦775 and the price can change (high or low) within hours.
How much is the exchange rate of Dollar to Naira in the Black Market today?
iexclusivenews reports that checks on Aboki Forex Thursday showed the current parallel market rate at N775 to a dollar.
The Nigeria parallel market (black market dollar exchange rate today) according to Aboki Forex
November 24, USD to Naira black market exchange rate: $1 dollar to naira = ₦775
The local currency opened at N775.00 per $1 at the parallel market otherwise known as the black market today Thursday 24 November 2022, on Aboki Forex, after it closed at N777.00 per $1 on Wednesday 23 November 2022.
Even though the dollar to naira opened in the parallel market at ₦775 per $1 today.
The Central Bank of Nigeria (CBN) does not recognize the parallel market, 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.
iexclusivenews Nigeria reports that on the black market according to Aboki Forex. The players buy a dollar for N772 and sell for N775 on Thursday morning, 24 November 2022. After they purchased N773 and sold for N777 on Wednesday 23 November 2022.
Meanwhile, iexclusivenews Nigeria reports that the USD started last week at ₦765 in Parallel Market also known as Black Market on Monday, 14 November 2022, in Lagos Nigeria, after it opened at ₦700 last week Friday, 11 November 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 Aboki Forex and online media outlets.