Dollar to Naira in Black Market Today, July 19, 2023

Dollar to Naira in Black Market Today, Wednesday July 19, 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 N830, the price (high or low) can change within hours.

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

The Dollar against the Naira today Wednesday, July 19, 2023, exchanging N782.31 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 Wednesday 19, 2023. The Dollar to the Naira exchange rate on the black market at 1.50pm is N830 to $1.

The black market exchange rate for the Dollar to the Naira is $1 = N830

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

Buying Rate: 825

Selling Rate: 830

The local currency opened at N830.00 per $1 at the parallel market. Otherwise known as the black market, today, Wednesday July 19, 2023, in Lagos, Nigeria.

For the last 7 days, between 11/07/2023 and 18/07/2023, Dollar to Naira black market sell rate took values between ₦790 and ₦830 with an average of ₦810.50.

When we compare today’s (19/07/2023) values with the last 7 days, average Dollar to Naira rate had a 14.5 points increase from ₦810.50 to ₦830.00 which corresponds to a 1.80% rise.

Meanwhile, when we compare last week’s numbers with today’s (19/07/2023) rate, the average of Dollar to Naira rate saw a 19 points increase from ₦806.00 to ₦830.00 which equals to a 2.37% rise.

Even though the Dollar to Naira exchange rate opened in the parallel market at N830 per $1 today.

iexclusivenews reports that the Central Bank of Nigeria (CBN) does not recognize the parallel market, otherwise known as the black maDollar Black Market Exchange Rate Today, Wednesday July 19, 2023

Dollar to Naira in Black Market Exchange Rate Today

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 N820 and sell it for N825 on Wednesday July 19, 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 17, 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.