Business
Black Market Naira To Dollar Exchange Rate Today 26th July 2023
Naira to dollar today black market rate 26th July 2023 can be accessed below.
IMPORTANT NOTICE: Please keep in mind that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market) and has recommended individuals interested in Forex contact their respective banks before proceeding.
News Rain Nigeria reports that the parallel exchange rate (black market rate) always differs from the CBN rate. The exchange rate between the USD and the Nigerian Naira significantly impacts the Nigerian economy.
Naira to dollar today black market date
The local currency opened at ₦870.00 per $1 at the parallel market otherwise known as the black market, today, Wednesday, 26 July 2023, in Lagos Nigeria, after it closed at ₦870.00 per $1 on Tuesday, 25 July 2023.
| Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
| Buying Rate | ₦863 |
| Selling Rate | ₦870 |
Below you can see the chart for the Nigerian Naira rate today compared to the Dollar.
The exchange rate between the Naira and the US dollar, according to the data posted on the Central Bank of Nigeria (CBN) Currency Exchange Rate where forex is official.
| 1 USD = 785.262 NGN |
| 1 Dollars = 785.262 Nigerian Naira |
| The USDNGN rate as of 26 Jul 2023 at 9:13 AM |
| Date | Currency | Buying(NGN) | Central(NGN) | Selling(NGN) |
|---|---|---|---|---|
| 7/25/2023 | US DOLLAR | 787.924 | 788.424 | 788.924 |
| 7/25/2023 | POUNDS STERLING | 1013.1915 | 1013.8344 | 1014.4774 |
| 7/25/2023 | EURO | 870.3409 | 870.8932 | 871.4455 |
| 7/25/2023 | SWISS FRANC | 909.7379 | 910.3152 | 910.8925 |
| 7/25/2023 | YEN | 5.5838 | 5.5873 | 5.5908 |
| 7/25/2023 | CFA | 1.2832 | 1.2932 | 1.3032 |
| 7/25/2023 | WAUA | 1034.6058 | 1035.2624 | 1035.9189 |
| 7/25/2023 | YUAN/RENMINBI | 110.399 | 110.4695 | 110.54 |
| 7/25/2023 | RIYAL | 210.0235 | 210.1567 | 210.29 |
| 7/25/2023 | SOUTH AFRICAN RAND | 44.8377 | 44.8662 | 44.8946 |
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