Black Market Dollar to Naira Exchange Rate Today, May 30, 2023

Black Market Dollar to Naira Exchange Rate Today, May 12, 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 N763 the price (high or low) can change within hours.

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

The naira against the dollar today Tuesday, May 30, 2023, exchanging N461.45 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 Tuesday May 30 . The Dollar to the Naira exchange rate on the black market is N763 to $1.

The black market exchange rate for the Dollar to the Naira is $1 = N763

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

Buying Rate: 760

Selling Rate: 763

The local currency opened at N763.00 per $1 at the parallel market. Otherwise known as the black market, today, Tuesday May 30, 2023, in Lagos, Nigeria. After it closed at N746.00 per $1 on Thursday, May 11, 2023.

Even though the naira to dollar exchange rate opened in the parallel market at N763 per $1 today.

iexclusivenews reports that the Central Bank of Nigeria (CBN) does not recognize the parallel market, otherwise known as the black market.

Naira to Dollar Black Market Exchange Rate 

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 N760 and sell it for N763 on Tuesday May 30, 2023. After having purchased N765 and sold it for N770 on Monday, May 29, 2023.

However, iexclusivenews Nigeria reports that the USD started this week at N770 in the parallel market, also known as the black market, on Monday, May 29 2023, in Lagos, Nigeria. After it opened at N746 last week Friday, may 12, 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.