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Naira to Dollar Black Market Exchange Rate Today, December 28, 2022
Please note that the exchange rate changes hourly. It depends on the volume of dollars available and the demand
Naira to Dollar black market exchange rate today, December 28, 2022, and the Aboki dollar rate can be accessed below.
IMPORTANT NOTE: 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 N742; the price (high or low) can change within hours.
How much is the exchange rate of the naira to the dollar on the black market today? Dollars on the black market converted into Nigerian naira
The Nigeria parallel market (black market dollar exchange rate today) to the Nigerian Naira is as follows: for the Lagos market (black market).
Today’s parallel market rates in Lagos: the naira to the dollar exchange rate on the black market on December 28. The black market exchange rate for the naira to the dollar was $1 = N742
Naira to Dollar (NGN to USD) Black market exchange rate today
Buying Rate. 737
Selling Rate 742
The local currency opened at N742.00 per $1 at the parallel market, otherwise known as the black market, today, Wednesday, December 28, 2022, in Lagos, Nigeria. After it closed at 745.00 per $1 on Friday, December 23, 2022.
Even though the naira to dollar exchange rate opened in the parallel market at 742 per $1 today. 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 in the black market, the players buy a dollar for N737 and sell it for N742 on Wednesday, December 28, 2022. After having purchased N742 and sold it for N745 on Friday, December 23, 2022.
However, iexclusiveNews Nigeria reports that the USD started this week at N747 in the parallel market, also known as the black market, on Monday, December 19, 2022, in Lagos, Nigeria. After it opened at N743 last week, on Monday, December 12, 2022.
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.
