Black Market Dollar to Naira Exchange Rate Today, April 5, 2023

Black Market Dollar to Naira Exchange Rate Today, April 5, 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 N744; 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 Monday, April 3 exchanging N459.86 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 March 30. The Dollar to the Naira exchange rate on the black market is N745 to $1.

The black market exchange rate for the Dollar to the Naira is $1 = N744

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

Buying Rate: 741

Selling Rate: 744

The local currency opened at N744.00 per $1 at the parallel market. Otherwise known as the black market, today, Wednesday April 5, 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 N744 per $1 today.

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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 N741 and sell it for N744 on Wednesday April 5, 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 N745 in the parallel market, also known as the black market, on Monday, April 3, 2023, in Lagos, Nigeria. After it opened at N750 last week Thursday, March 30, 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.