Black market dollar to naira exchange rate today October 3 2022 can be accessed below.
How much is the exchange rate of Dollar to Naira in Black Market today?
LAGOS PARALLEL MARKET RATES October 3, 2022 (BLACK MARKET): dollar to naira exchange rate today black market
October 3 dollar to naira black market exchange rate: $1 dollar to naira = ₦735
Lagos parallel market (black market dollar exchange rate today)
The local currency opened at N735.00 per $1 at the parallel market otherwise known as the black market today Monday, October 3 2022, in Lagos Nigeria, after it closed at N735.00 per $1 on Sunday, October 2022
Even though the dollar to naira opened in the parallel market at ₦735 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 on the black market, the players buy a dollar for N730 and sell for N735 on Monday morning, October 3, 2022, after they bought N730 and sold for N735 on Sunday, October 2 2022.