Connect with us

Top Headline

Black market dollar to naira exchange rate today 18 December 2022

Published

on

Black market dollar to naira today 18 December 2022, 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 Demands. It means that…you can buy or sell 1 dollar at ₦747 and the price can change (high or low) within hours.

How much is the exchange rate of Dollar to Naira in 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.

December 18 dollar to naira black market exchange rate: $1 dollar to naira = ₦747

Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Buying Rate 742
Selling Rate 745

The local currency opened at N747.00 per $1 at the parallel market otherwise known as the black market today Sunday, 18 December 2022, in Lagos Nigeria, after it closed at N745.00 per $1 on Saturday, 17 December 2022.

Even though the dollar to naira opened in the parallel market at N745 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 N743 and sell for N747 on Sunday morning, December 18, 2022, after they purchased N742 and sold for N745 on Saturday, 17 December 2022.

Meanwhile, IDOMA VOICE reports that the USD started this week at ₦743 in Parallel Market also known as Black Market on Monday, December 12, 2022, in Lagos Nigeria, after it opened at  ₦740 last week Monday, December 5, 2022.