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Dollar to Naira Black Market Exchange Rate Today, March 24, 2023

Please note that the exchange rate changes hourly. It depends on the volume of dollars available and the demand.

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Dollar to Naira Black Market Exchange Rate Today, March 24, 2023

Dollar to Naira Black Market Exchange Rate Today, March 24, 2023, Can Be Accessed Below

Please note that the exchange rate changes hourly. It depends on the volume of dollars available and the demand.

It means that you can buy or sell one dollar at N745; the price (high or low) can change within hours.

How much is the exchange rate of the Dollar to the Naira on the black market today? 

The Nigeria parallel market (black market dollar exchange rate today) for the Lagos market (Aboki Forex).

Today’s parallel market rates in Lagos: Friday, March 24. The Dollar to Naira exchange rate on the black market is N745 to $1.

The black market exchange rate for the Dollar to the Naira is $1 = N745

Naira to Dollar (NGN to USD) Black Market Exchange Rate Today

Buying Rate: 741

Selling Rate: 745

The local currency opened at N745.00 per $1 on the parallel market. Otherwise known as the black market, on Friday, March 24, 2023, in Lagos, Nigeria. After it closed at N745.00 per $1 on Friday, March 24, 2023.

Even though the naira to dollar exchange rate opened at N745 per $1.

iexclusivenews reports that 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.

iexclusivenews reports that on the black market, the players buy a dollar for N741 and sell it for N745 on Friday, March 24, 2023. After having purchased N745 and sold it for N750 on Wednesday, March 22, 2023.

However, iexclusivenews Nigeria reports that the USD started this week at N752 on the parallel market, also known as the black market. This was on Monday, March 13, 2023, in Lagos, Nigeria. After it opened at N751 on Friday, March 10, 2023.

Disclaimer: iexclusivenews Nigeria does not determine or set currency exchange rates. The official NAFEX rates are accessible from the website of the FMDQOTC.

Parallel market rates (black market rates) are obtained from various sources, including online media outlets.

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