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Black market dollar to naira exchange rate today 3 December 2022

by Treasure Orokpo
December 3, 2022
in Top Headline
Exchange rate: Naira crashes against Dollar

Black market dollar to naira exchange rate today 3rd 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. What it means is that…you can buy or sell 1 dollar at ₦735 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 3 dollar to naira black market exchange rate: $1 dollar to naira = 735

Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Buying Rate 725
Selling Rate 735

The local currency opened at N750.00 per $1 at the parallel market otherwise known as the black market today Saturday, 3 December 2022

Even though the dollar to naira opened in the parallel market at N735 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 on the black market, the players buy a dollar for 725 and sell for 735 on Saturday morning, December 3, 2022, after they bought N740 and sold for N750 on Friday, December 2, 2022.

Meanwhile, IDOMA VOICE reports that the USD started this week at ₦775 in Parallel Market also known as Black Market on Monday, November 28, 2022, in Lagos Nigeria, after it opened at  785 last week Monday, November 21, 2022.

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