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Aboki Dollar: Dollar To Naira Exchange Rate Black Market Today 25 March

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Dollar To Naira Exchange Rate Today

Aboki dollar, dollar to naira exchange rate today black market 24 March 2022 can be accessed below.

Please note that the exchange rate changes hourly.… it depends on the volume of dollars available and the Demands.

What it means is that…you can buy or sell 1 dollar at ₦587 and the price can change (high or low) within hours.

How much is dollar to naira today in black market?

iexclusivenews reports that the Nigeria parallel market (black market dollar exchange rate today) to the Nigerian Naira is as follows: For the Lagos market (black market).

LAGOS PARALLEL MARKET RATES March 25, 2022 (BLACK MARKET): dollar to naira exchange rate today black market (Aboki dollar rate)

March 25 USD to naira black market exchange rate: $1 dollar to naira = ₦587

Lagos parallel market (black market dollar exchange rate today: $1 dollar to naira today black market)- Aboki dollar rate

The local currency opened at N587.00 per $1 at the parallel market otherwise known as the black market, today, Friday, 25 March 2022, in Lagos Nigeria, after it closed N580.00 per $1 on Thursday, 24 March 2022

Even though the dollar to naira opened in the parallel market at ₦587 per $1 today, 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.

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iexclusive News Nigeria reports that at the black market, the players buy a dollar for N582 and sell for N587 on Friday morning, March 25, 2022, after they bought N578 and sold for N580 on Thursday morning, March 23, 2022.

However, iexclusivenews reports that the USD started this week at ₦585 in Parallel Market also known as Black Market on Monday, March 21, 2022, in Lagos Nigeria, after it opened at 580 last week Monday, March 14, 2022.

Disclaimer: iexclusive News Nigeria does not set or determine forex 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.