Naira Plunges to N1600 to $1 Under Tinubu's Watch
Black Market Dollar to Naira Exchange Rate Today, April 17, 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 N742; the price (high or low) can change within hours.
The naira against the dollar today Monday, April 17 exchanging N458.55 at the investors’ and exporters’ window.
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: on Monday April 17. The Dollar to the Naira exchange rate on the black market is N742 to $1.
The black market exchange rate for the Dollar to the Naira is $1 = N742
Buying Rate: 737
Selling Rate: 742
The local currency opened at N742.00 per $1 at the parallel market. Otherwise known as the black market, today, Monday April 17, 2023, in Lagos, Nigeria. After it closed at N745.00 per $1 on Monday, April 3, 2023.
Even though the naira to dollar exchange rate opened in the parallel market at N742 per $1 today.
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 N737 and sell it for N742 on Wednesday April 17, 2023. After having purchased N740 and sold it for N745 on Monday, April 3, 2023.
However, iexclusivenews Nigeria reports that the USD started this week at N742 in the parallel market, also known as the black market, on Monday, April 17, 2023, in Lagos, Nigeria. After it opened at N745 last week Monday, April 3, 2023.
Disclaimer: iexclusivenews Nigeria does not determine or set currency exchange 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 at which you buy or sell forex may differ from what is captured in this article.
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