Connect with us

Business

Black Market Dollar To Naira Exchange Rate Today 31st July 2026

Published

on

See Exchange Rate As Naira Gains 0.07%

The Black Market Dollar-to-Naira Exchange Rate for 31st July 2026 Can Be Accessed Below.

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

READ ALSO: £52m Deal: Chelsea Sign Maxence Lacroix

 

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.

The exchange rate fluctuates hourly based on the supply and demand of dollars in the market.

What’s the dollar to naira black market today, 31st July 2026?

The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players sell a dollar for ₦1419 and buy at ₦1408 on Friday, 31st July, 2026, according to sources at Bureau De Change (BDC). 
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
Selling Rate ₦1419
Buying Rate ₦1408

Dollar to Naira CBN Rate Today

Dollar to Naira (USD to NGN) CBN Rate Today
Highest Rate ₦1370
Lowest Rate ₦1365

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.

Newsrain Nigeria - Get Latest Naija News, Politics & Updates