Dollar to Naira in Black Market Today Wednesday October 25, 2023

(iexclusivenews) – Dollar to Naira in Black Market Today Monday, October 23, 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 N1300, and the price (high or low) can change within hours.

MORE NEWS:

Dollar to Naira in Black Market Today, October 23, 2023

How to Exchange Dollar to Naira in Black Market Today, October 25, 2023

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

The Dollar against the Naira today Wednesday October 25, 2023, exchanging N824.93 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 25, 2023. The Dollar to the Naira exchange rate on the black market at 1.40pm is N1300 to $1.

The black market exchange rate for the Dollar to the Naira is $1 = N1300

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

Buying Rate: 1290

Selling Rate: 1300

The local currency opened at N1300 per $1 at the parallel market. Otherwise known as the black market, today, Wednesday October 25, 2023, in Lagos, Nigeria.

For the last 7 days, between 17/10/2023 and 24/10/2023, Dollar to Naira black market sell rate took values between ₦1010 and ₦1250 with an average of ₦1,168.73.

Currency dealers in Abuja Zone 4 market, Nigeria said a dollar were bought at 1290₦‎ and sold at 1255₦‎ today , as against 1280₦‎ it traded yesterday.

Even though the Dollar to Naira exchange rate opened in the parallel market at N1300 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 23, 2023

Dollar to Naira in Black Market Today, Wednesday October 25, 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 N1290 and sell it for N1300 on Wednesday October 25, 2023.

However, iexclusivenews Nigeria reports that the USD started this week at N1210 in the parallel market, also known as the black market, on Monday, 23, 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.