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Dollar To Naira Exchange Rate Today 31 January 2023(Black Market)

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Dollar To Naira Exchange Rate Today 27 January 2023(Black Market)

Black market Dollar to Naira Exchange rate today 31st January 2023 – Aboki fx rate, can be accessed below.

IMPORTANT NOTE: The exchange rate changes hourly.… it depends on the volume of dollars available and the Demands. It means that…you can buy or sell 1 dollar at  ₦752 and ₦755, and the price can change (high or low) within hours.

News Rain Nigeria reports that the exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N750 and sell at N755 on Tuesday 31 January 2023, according to sources at Bureau De Change (BDC).

January 30 dollar to naira black market exchange rate: $1 dollar to naira = ₦755

Please note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market), as it has directed individuals who want to engage in Forex to approach their respective banks.

DOLLAR TO NAIRA 31 JAN 2023

Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Buying Rate ₦750
Selling Rate ₦755

The local currency opened at N750.00 per $1 at the parallel market otherwise known as the black market today Tuesday, 31 January 2023, in Lagos Nigeria, after it closed at N750.00 per $1 on Monday, 30 January 2023.

Even though the dollar to naira opened in the parallel market at N755 per $1 today, NEWS RAIN NIGERIA 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.

News Rain Nigeria reports that in the black market, the players buy a dollar for N750 and sell for N755 on Tuesday morning, January 31, 2023, after they purchased N750 and sold for N755 on Monday, 30 January 2023.

Meanwhile, USD started this week at ₦755 in Parallel Market also known as Black Market on Monday, January 30, 2023, in Lagos Nigeria, after it opened at  ₦743 last week Monday, January 23, 2023.

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.

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