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Dollar To Naira Exchange Rate Today 8 July 2023 (Black Market)

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Dollar to naira exchange rate today 8 July 2023, the black market rate can be accessed below.

News Rain Nigeria has obtained the official dollar to naira exchange rate in Nigeria today including the Black Market rates, Bureau De Change (BDC) rate, and CBN rates.

How Much Is Dollar To Naira Exchange Rate Today Official Rate?

July 8 dollar to naira official exchange rate: $1 dollar to naira = N 769.5037

The exchange rate between the Naira and the US dollar according to the data posted on the FMDQ Security Exchange where forex is officially traded showed that the naira opened at 769.5037 per dollar on Saturday, 8 July 2023, after it closed at N769.4739 per $1 on Friday, 7 July 2023.

Below you can see the chart for the Nigerian Naira rate today compared to the Dollar.

1 USD = 769.5037 NGN
1 Dollars = 769.5037 Nigerian Naira
The USDNGN rate as of 8 Jul 2023

How much is exchange rate of Dollar 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 July 8, 2023 (BLACK MARKET): dollar to naira exchange rate today black market

July 8 dollar to naira black market exchange rate: $1 dollar to naira = N790

Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Buying Rate ₦786
Selling Rate ₦790

 

Lagos parallel market (black market dollar exchange rate today)

The local currency opened at N790.00 per $1 at the parallel market otherwise known as the black market, today, Saturday, 8 July 2023, in Lagos Nigeria after it closed at N790.00 per $1 on Friday, 7 July 2023. This represents a change of N0 from the previous day.

News Rain Nigeria reports that in the black market, the players buy a dollar for N786 and sell for N790 on Saturday, 8 July 2023. after they bought N786 and sold N790 yesterday.

Meanwhile, News Rain Nigeria reports that the USD started this week at ₦772 in Parallel Market also known as Black Market on Monday, July 4, 2023, in Lagos Nigeria. after it opened at N765 last week.

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.