Dollar to Naira in Black Market Today, October 11, 2023

Dollar to Naira in Black Market Today Wednesday October 11, 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 N1030, the price (high or low) can change within hours.

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

The Dollar against the Naira today Wednesday October 11, 2023, exchanging N760.49 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 October 11, 2023. The Dollar to the Naira exchange rate on the black market at 11.50am is N1030 to $1.

The black market exchange rate for the Dollar to the Naira is $1 = N1030

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

Buying Rate: 1020

Selling Rate: 1030

The local currency opened at N1030.00 per $1 at the parallel market. Otherwise known as the black market, today, Wednesday October 11, 2023, in Lagos, Nigeria.

For the last 7 days, between 03/10/2023 and 10/10/2023, Dollar to Naira black market sell rate took values between ₦990 and ₦1020 with an average of ₦1,005.25.

When we compare yesterday’s (10/10/2023) values with the last 7 days, average Dollar to Naira rate had a 0 points null from ₦1,005.25 to ₦1,015.00 which corresponds to a 0% null.

Even though the Dollar to Naira exchange rate opened in the parallel market at N945 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 Wednesday October 11, 2023

Dollar to Naira in Black Market Today, Wednesday October 11, 2023

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 N1020 and sell it for N1030 on Wednesday October 11, 2023.

However, iexclusivenews Nigeria reports that the USD started this week at N1020 in the parallel market, also known as the black market, on Tuesday, 10, 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.