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 N735/$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 ₦735 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 Friday showed the current parallel market rate at N735 to a dollar.
The Nigeria parallel market (black market dollar exchange rate today) according to Aboki Forex
Dec, USD to Naira black market exchange rate: $1 dollar to naira = ₦735
The local currency opened at N735.00 per $1 at the parallel market otherwise known as the black market today Friday 2 December 2022, on Aboki Forex, after it closed at N750.00 per $1 on Thursday 1 December 2022.
Even though the dollar to naira opened in the parallel market at ₦735 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 N725 and sell for N735 on Friday morning, 2 December 2022. After they purchased N740 and sold for N750 on Thursday December 2022.
Meanwhile, iexclusivenews Nigeria reports that the USD started last week at ₦775 in Parallel Market also known as Black Market on Monday, 28 November 2022, in Lagos Nigeria, after it opened at ₦775 last week Friday, 25 November 2022.
Parallel market rates (black market rates) are obtained from various sources including Aboki Forex and online media outlets.