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Black Market Dollar to Naira Exchange Rate Today July 10, 2023

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Naira Plunges to N1600 to $1 Under Tinubu's Watch

Black Market Dollar to Naira Exchange Rate Today, Monday July 10, 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 N800, the price (high or low) can change within hours.

How much is Dollar to Naira exchange rate at the I&E window today?

The naira against the dollar today Monday, July 10, 2023, exchanging N744.07 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).

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Today’s parallel market rates in Lagos: on Monday 10, 2023. The Dollar to the Naira exchange rate on the black market is N800 to $1.

The black market exchange rate for the Dollar to the Naira is $1 = N800

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

Buying Rate: 790

Selling Rate: 800

The local currency opened at N800.00 per $1 at the parallel market. Otherwise known as the black market, today, Monday July 10, 2023, in Lagos, Nigeria.

When we check the last 7 days, between 02/07/2023 and 07/07/2023, we see that Dollar to Naira black market rate had values between ₦767 and ₦800 with the average ₦784.05.

When we compare last week’s numbers with today’s (10/07/2023) rate, the average of Dollar to Naira rate saw a 11.2 points increase from ₦784.05 to ₦795.25 which equals to a 1.43% rise.

Even though the naira to dollar exchange rate opened in the parallel market at N800 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 N790 and sell it for N800 on Monday July 10, 2023.

However, iexclusivenews Nigeria reports that the USD started this week at N800 in the parallel market, also known as the black market, on Monday, July 10, 2023, in Lagos, Nigeria.

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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