Black Market Dollar To Naira Exchange Rate Today 27th January 2024

Black Market Dollar To Naira Exchange Rate Today 27th January 2024 Can Be Accessed Below.

Newsrain Nigeria has obtained the official naira black market exchange rate in Nigeria today including the Black Market rates, Bureau De Change (BDC), and CBN rates.

Please note that the exchange rate is subject to hourly fluctuations influenced by the supply and demand of dollars in the market. As of now, you can purchase 1 dollar at a certain rate now, however, it’s important to keep in mind that the rate can shift (either upwards or downwards) within hours.

How much is a dollar to naira today in the black market?

Dollar to naira exchange rate today black market (Aboki dollar rate):

According to abokiFX.com, the local currency, also referred to as the black market, opened at N1420.00 per $1 today, 27 January 2024, in Lagos, Nigeria, after closing at the same rate the day before. This is a $0.05 adjustment from the previous day.

The “official black market rate,” which was published on abokiFX.com, states that players in the black market bought a dollar for N1420 this morning, 27 January 2024, and sold it for N1430.

The USD started trading at 1420 on 27 January 2024, according to Newsrain Nigeria, in the Parallel Market, also referred to as the Black Market. Monday’s opening price was N1300 per dollar, thus there has been a change of $0.5 since then.

Newsrain Nigeria disclaims all responsibility for choosing or setting foreign exchange rates. The official NAFEX rates can be seen on the FMDQOTC website.

Rates on the black market, often referred to as the parallel market, are collected from a number of sources, including online media sites. The exchange rates you use to buy or sell money could be different from those mentioned in this article.

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 Black Market Rate Today

Dollar to Naira (USD to NGN)	Black Market Exchange Rate Today
Buying Rate	1420
Selling Rate	1430

Disclaimer: NEWSRAIN 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.