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Black market dollar to naira exchange rate today 20 December 2022

by Treasure Orokpo
December 20, 2022
in Business, Top Headline
Exchange rate: Naira crashes against Dollar

Black market dollar to naira today 20 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 ₦746 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 19 dollar to naira black market exchange rate: $1 dollar to naira = ₦746

Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Buying Rate 743
Selling Rate 746

The local currency opened at N746.00 per $1 at the parallel market otherwise known as the black market today Tuesday, 20 December 2022

, in Lagos Nigeria, after it closed at N747.00 per $1 on Monday, 19 December 2022.

Even though the dollar to naira opened in the parallel market at N746 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.

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IDOMA VOICE reports that in the black market, the players buy a dollar for N743 and sell for N746 on Tuesday morning, December 20, 2022, after they purchased N743 and sold for N745 on Monday, 19 December 2022.

Meanwhile, IDOMA VOICE reports that the USD started this week at ₦747 in Parallel Market also known as Black Market on Monday, December 19, 2022, in Lagos Nigeria, after it opened at  ₦743 last week Monday, December 12, 2022.

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