Business

Naira crashes to N1,400 per dollar in new exchange rate

The Naira on Saturday morning depreciated in the Nigerian Foreign Exchange Market, NAFEM, to N1,400 per dollar.

Data from FMDQ showed that the indicative exchange rate for NAFEM rose to N1,400 per dollar from N1,150 per dollar last week Saturday, indicating N250 depreciation for the naira.

See the dollar rate today

Black market dollar to naira Exchange Rate Today 27th April 2024 can be accessed below.

This report is according to information gathered from black market FX operators. Specifically, the traders noted that they buy FX from customers at an average of N1380$1 and sell for N1400/$1. However, they added that the rate could sometimes vary depending on the transaction, cash, or transfer form. that is to say, you will likely get a higher rate if you have physical cash to exchange.

How much is the dollar exchange rate to Naira in the 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.

Dollar to Naira exchange rate: Dollar to Naira Black Market Rate Today 27th April 2024

Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Buying Rate N1380
Selling Rate N1400
Treasure Orokpo

A multi-talented individual with a passion for diverse fields, Treasure Orokpo is a trained journalist, skilled cook, and AI enthusiast. When she's not uncovering the latest stories, you can find her whipping up culinary creations in the kitchen and entertainment.

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