Categories: BusinessTop Headline

Black market Dollar to Naira exchange rate today 15th March 2024

Black market dollar to naira Exchange Rate Today 15th March 2024 can be accessed below.

This report is according to information gathered from black market FX operators. Specifically, the traders noted that they buy FX from customers at an average of N1602$1 and sell for N1605/$1. However, they added that the rate could sometimes vary depending on the transaction, cash, or transfer form. that is to say, you will likely get a higher rate if you have physical cash to exchange.

How much is the dollar exchange rate to Naira in the Black Market today?

The Nigeria parallel market (black market dollar exchange rate today) to the Nigerian Naira is as follows: For the Lagos market (black market).

LAGOS PARALLEL MARKET RATES TODAY: dollar to naira exchange rate today black market.

Dollar to Naira exchange rate: Dollar to Naira Black Market Rate Today 15th March 2024

Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Buying Rate N1602
Selling Rate N1605

The local currency opened at N1605 per $1 at the parallel market otherwise known as the black market today, in Lagos Nigeria.

Even though the dollar to naira opened in the parallel market at N1605 per $1 today, IDOMA VOICE reports that the Central Bank of Nigeria (CBN) does not recognise 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.

IDOMA VOICE reports that in the black market, the players buy a dollar for N1602 and sell for N1605 on

Friday 15th March 2024.

Treasure Orokpo

A multi-talented individual with a passion for diverse fields, Treasure Orokpo is a trained journalist, skilled cook, and AI enthusiast. When she's not uncovering the latest stories, you can find her whipping up culinary creations in the kitchen and entertainment.

Recent Posts

Why my father, Fela married 27 wives same day – Seun Kuti

Grammy-nominated Afrobeat singer Seun Kuti has explained why his late father, Fela Anikulapo Kuti, the…

15 hours ago

President Tinubu gives Peace Corps boss, Dickson Akor federal appointment

President Bola Tinubu has given a federal appointment to the founder of Peace Corps of…

16 hours ago

President Tinubu appoints Benue APC chair, Austin Agada chairman Kaduna Polytechnic Board

President Bola Tinubu has appointed the chairman of the All Progressives Congress, APC, in Benue…

16 hours ago

How much is Naira to Dollar Black Market Today, 17th May 2024

Black market dollar to naira Exchange Rate Today 17th May 2024 can be accessed below. This…

2 days ago

Black market Dollar to Naira exchange rate today 17th May 2024

Black market dollar to naira Exchange Rate Today 17th May 2024 can be accessed below. This…

2 days ago

Latest news on FG student loan approval, disbursement today 17th May 2024

The portal for the long-awaited Nigerian Education Loan Fund (NELFUND) will officially go live on…

2 days ago