Connect with us

Business

Black Market Dollar To Naira Exchange Rate Today 11th February 2025

Published

1 month ago

on

See Exchange Rate As Naira Gains 0.07%

Black Market Dollar To Naira Exchange Rate Today 11th February 2025 Can Be Accessed Below.

IMPORTANT NOTE: The exchange rate changes hourly. It depends on the volume of dollars available and the Demand. This means that…you can buy or sell 1 dollar at a certain rate and the price can change (high or low) within hours.

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 remember that the rate can shift (either upwards or downwards) within hours.

What’s the dollar to naira black market today 14 January 2025?

The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for ₦1550 and sell at ₦1570 on Monday 10th February 2025, according to sources at Bureau De Change (BDC).

Dollar to Naira Black Market Rate Today

Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Buying Rate ₦1550
Selling Rate ₦1570

Please note that Nigeria’s black market dollar-to-naira exchange rate is typically higher than the official exchange rate because the Federal Government does not regulate it. The rates you buy or sell forex may differ from what is captured in this article because prices vary.

Dollar to Naira CBN Rate Today

Dollar to Naira (USD to NGN) CBN Rate Today
Highest Rate ₦1503
Lowest Rate ₦1496

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. 

Related Topics:
Click to comment

Leave a Reply