Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 22nd April 2024
All dealers should note that the Central Bank of Nigeria (CBN) strictly doesn’t recognize the parallel market identified as a ‘Black Market’. However, individuals who want to indulge in Forex are advised to visit their respective banks.
As of today, Monday, 22nd April 2024, Dollar to Naira at Lagos Parallel Market (Black Market) is transacted at N1,230 buying rate and a currency of N1,250 selling rate as confirmed by Bureau De Change (BDC).
How much is a dollar to naira today in the black market?
Check out Dollar to Naira Black Market Exchange rate today (Aboki Dollar Rate) below.
Currency | Buying Rate | Selling Rate |
---|---|---|
USD | ₦1,230.00 | ₦1,250.00 |
It’s important to note that the rates you buy or sell forex may differ from what we dissipate in this article. This is because prices vary.
Prices Drop And the Stock Exchange
Over the view of the Nigerian stock exchange’s current economic state, prices have dropped incredibly and would yield a relief of expenditure among civilians.
Referring to other recessive minors, progress is inflicted at a high rate and would slightly and gradually increase the value of naira.
Since the financial management in Nigeria including the EFCC deployed more effort in omitting recession, following the Binance ban in Nigeria, the Dollar exchange rate selling at N1700 has dropped to N1230.
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