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Dollar To Naira Exchange Rate Today 17th May 2023(Black Market)

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See Exchange Rate As Naira Gains 0.07%

Black market dollar to naira exchange rate today 17 May 2023, Aboki dollar rate can be accessed below.

IMPORTANT NOTE: Please note that the exchange rate changes hourly.… it depends on the volume of dollars available and the Demands. It means that…you can buy $1 at ₦748 or sell 1 dollar at ₦748 and the price can change (high or low) within hours.

How much is the exchange rate of Dollar to Naira: Black market dollar to naira 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.

May 17 dollar to naira black market exchange rate: $1 dollar to naira = ₦748

Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Buying Rate ₦745
Selling Rate ₦748

The local currency (abokiFx) opened at N748.00 per $1 at the parallel market otherwise known as the black market, today, Wednesday, May 17, 2023, in Lagos Nigeria, after it closed at N748.00 per $1 on Tuesday, May 16, 2023.

Even though the dollar to naira opened in the parallel market at ₦748 per $1 today, News Rain Nigeria reports that 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.

Disclaimer: NEWS RAIN 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.

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