Dollar to Naira in Black Market Today, July 24, 2023

Dollar to Naira in Black Market Today Monday July 24, 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 N870, 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 Monday, July 24, 2023, exchanging N770.89 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 24, 2023. The Dollar to the Naira exchange rate on the black market at 12.50pm is N865 to $1.

The black market exchange rate for the Dollar to the Naira is $1 = N870

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

Buying Rate: 860

Selling Rate: 870

The local currency opened at N870.00 per $1 at the parallel market. Otherwise known as the black market, today, Monday July 24, 2023, in Lagos, Nigeria.

When we check the last 7 days, between 17/07/2023 and 23/07/2023, we see that Dollar to Naira black market rate had values between ₦790 and ₦875 with the average ₦839.09.

However, when we compare last week’s numbers with yesterday’s (23/07/2023) rate, the average of Dollar to Naira rate saw a 35.91 points increase from ₦839.09 to ₦875.00 which equals to a 4.28% rise.

Even though the Dollar to Naira exchange rate opened in the parallel market at N870 per $1 today.

iexclusivenews reports that the Central Bank of Nigeria (CBN) does not recognize the parallel market, otherwise known as the Black Market Exchange Rate Today, Monday July 24, 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 N860 and sell it for N870 on Monday July 24, 2023.

However, iexclusivenews Nigeria reports that the USD started this week at N870 in the parallel market, also known as the black market, on Monday, July 24, 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.