Black Market Dollar To Naira Exchange Rate Today 2 September 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) rates, and CBN rates.
Please note that the exchange rate is subject to hourly fluctuations influenced by the supply and demand for dollars in the market. While you can currently purchase one dollar at a certain rate, it’s important to remember that the rate can shift (either upwards or downwards) within hours.
| Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
| Buying Rate | ₦1,630 |
| Selling Rate | ₦1,640 |
The local currency (abokiFx) opened at ₦1,640.00 per $1 at the parallel market otherwise known as the black market, today, Monday, 2 September 2024, in Lagos Nigeria, after it closed at ₦1,630.00 per $1 on Sunday, 1 September 2024
Please note that the black market dollar-to-naira exchange rate in Nigeria is typically higher than the official exchange rate because the Federal Government does not regulate it.
Disclaimer: NEWSRAIN NIGERIA does not set or determine forex rates. The official NAFEX rates are obtained from the FMDQOTC website. 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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