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Dollar To Naira Exchange Rate Today 18th June 2023(Black Market)
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3 years agoon
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newsrainngBlack market dollar to naira: Aboki Exchange Rate Today 18th June 2023, Aboki dollar rate 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 N756/$1 and sell for N759/$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 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 18 June 2023
| Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
| Buying Rate | N756 |
| Selling Rate | N759 |
The local currency opened at N759.00 per $1 at the parallel market otherwise known as the black market today Tuesday, in Lagos Nigeria.
Even though the dollar to naira opened in the parallel market at N759 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 NN756 and sell for N759 on Sunday morning, 18 June 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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