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Dollar To Naira Exchange Rate Today 11 May 2023(Black Market)

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See Exchange Rate As Naira Gains 0.07%

Black market dollar to naira today 11 May 2023, Aboki dollar rate can be accessed below.

This report is according to information gathered from black market FX operators. Specifically, the traders noted that they buy FX from customers at an average of N743/$1 and sell for N747/$1.

However, they also added that the rate could sometimes vary depending on the form of transaction, cash, or transfer. that is to say, you are likely to get a higher rate if you have physical cash to exchange.

How much is the dollar exchange rate to Naira in Black Market today?

The Nigeria parallel market (black market dollar exchange rate today) to the Nigerian Naira is as follows: For the Lagos market (black market).

LAGOS PARALLEL MARKET RATES TODAY: dollar to naira exchange rate today black market.

Dollar to naira exchange rate: Dollar to Naira Black Market Rate Today 11 May 2023

Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Buying Rate N743
Selling Rate N747

The local currency opened at N747.00 per $1 at the parallel market otherwise known as the black market today Sunday, in Lagos Nigeria.

Even though the dollar to naira opened in the parallel market at N747 per $1 today, the Central Bank of Nigeria (CBN) does not recognise the parallel market, otherwise known as the black market.

The apex bank has therefore directed anyone who requires forex to approach their bank, insisting that the I&E window is the only known exchange.

News Rain Nigeria reports that in the black market, the players buy a dollar for N743 and sell for N747 on Thursday morning, 11 May 2023.

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