Dollar To Naira Exchange Rate Today 29 June 2022(Black Market)

LAGOS PARALLEL MARKET RATES June 29, 2022 (BLACK MARKET): dollar to naira exchange rate today black market

June 29 dollar to naira black market exchange rate: $1 dollar to naira = ₦609

Lagos parallel market (black market dollar exchange rate today)

The local currency opened at N609.00 per $1 at the parallel market otherwise known as the black market today Wednesday, 29 June 2022, in Lagos Nigeria, after it closed at N605.00 per $1 on Tuesday, 28 June 2022.

Even though the dollar to naira opened in the parallel market at ₦609 per $1 today, 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.

Meanwhile, USD started this week at ₦609 in Parallel Market also known as Black Market on Monday, 20 June 2022, in Lagos Nigeria, after it opened at ₦605 last week Monday,  13 June 2022.

Disclaimer: NEWS RAIN NIGERIA does not set or determine forex rates. The official NAFEX rates are obtained from the website of the FMDQOTC. Parallel market rates (black market rates) are obtained from various sources including online media outlets. The rates you buy or sell forex may be different from what is captured in this article.