Business
Naira Exchanges N719 To A Dollar Today 23 September 2022 At Black Market
The Central Bank of Nigeria (CBN) does not recognise the parallel market, otherwise known as the black market.
Naira has crashed massively over a Dollar at the black market and the new exchange rate can be accessed below.
iexclusivenews reports that Naira has depreciated against the U.S dollar exchanging at N719/$1 on the exchange platform Aboki Forex.
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 ₦719 and the price can change (high or low) within hours.
How much is the exchange rate of Dollar to Naira in the Black Market today?
iexclusivenews reports that checks on Aboki Forex Monday showed the current parallel market rate at N719 to a dollar.
[the_ad id=”41670″]
The Nigeria parallel market (black market dollar exchange rate today) according to Aboki Forex
September 23, USD to Naira black market exchange rate: $1 dollar to naira = ₦719
The local currency opened at N719.00 per $1 at the parallel market otherwise known as the black market today Friday 23 September 2022, on Aboki Forex, after it closed at N713.00 per $1 on Wednesday 21 September 2022.
Even though the dollar to naira opened in the parallel market at ₦719 per $1 today.
The Central Bank of Nigeria (CBN) does not recognize the parallel market, 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 Nigeria reports that on the black market according to Aboki Forex. The players buy a dollar for N716 and sell for N719 on Friday morning, September 23, 2022, after they purchased 710 and sold for N713 on Wednesday 21 September 2022.
[the_ad id=”41670″]
Meanwhile, iexclusivenews Nigeria reports that the USD started this week at ₦719 in Parallel Market also known as Black Market on Monday, 19 September 2022, in Lagos Nigeria, after it opened at ₦712 last week Friday, 2 2022.
Disclaimer: iexclusivenews 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 Aboki Forex and online media outlets.