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Black market dollar to naira exchange rate today 29 December 2022
Black market dollar to naira today 29 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 ₦737 and ₦742, 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 297 dollar to naira black market exchange rate: $1 dollar to naira = ₦742
Dollar to Naira (USD to NGN) | 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 Thursday, 29 December 2022, in Lagos Nigeria, after it closed at N74200 per $1 on Wednesday, 28 December 2022.
Even though the dollar to naira opened in the parallel market at N742 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 N737 and sell for N742 on Thursday morning, December 29, 2022, after they purchased N737 and sold for N742 on Wednesday, 28 December 2022.
Meanwhile, IDOMA VOICE reports that the USD started this week at ₦745 in Parallel Market also known as Black Market on Monday, December 26, 2022, in Lagos Nigeria, after it opened at ₦747 last week Monday, December 19, 2022.