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Black market dollar to naira exchange rate today 22 December 2022

by Ameh Jazzia-Becky
December 22, 2022
in Business, Top Headline
Exchange rate: Naira crashes against Dollar

Black market dollar to naira today 22 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  ₦742 and ₦745, 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 22 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 742
Selling Rate 745

The local currency opened at N745.00 per $1 at the parallel market otherwise known as the black market today Thursday, 22 December 2022

, in Lagos Nigeria, after it closed at N746.00 per $1 on Wednesday, 21 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.

ALSO READ:  Black market dollar to naira exchange rate today 2 February 2023

IDOMA VOICE reports that in the black market, the players buy a dollar for N742 and sell for N745 on Thursday morning, December 22, 2022, after they purchased N743 and sold for N746 on Tuesday Wednesday, 21 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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