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Home Business & Brands

Black Market Dollar To Naira Exchange Rate Today 18th December 2022

byGLAMTUSH
December 18, 2022
in Business & Brands
Dollar To Naira Exchange Rate
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Black market dollar to naira exchange rate for today 18 December 2022, 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 or sell 1 dollar at ₦750 and ₦755, note that the price can change (high or low) within hours.

How much is a dollar to naira today in the black market?

 

Dollar to naira exchange rate today black market (Aboki dollar rate):

The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N750 and sell at N755 on Sunday 18th December 2022, 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
Buying Rate N750
Selling Rate N755

Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.

Meanwhile, Brand Spur Nigeria reports that the National Bureau of Statistics (NBS) has said the Consumer Price Index (CPI) which measures the rate of change in prices of goods and commodities increased to 21.47 per cent year on year in November.

READ ALSO  Union Bank Releases 2021 Citizenship, Sustainability, Innovation Report

 

Compared to 15.40 per cent in the corresponding month of 2021. In a statement on Thursday, the NBS explained that the 6.07 per cent increase in the headline index implies that the general price level was higher in the review month relative to November 2021.

 

According to the CPI report for November, month-on-month, however, the Headline inflation rate in was 1.39 per cent, which was 0.15 per cent higher than the 1.24 per cent recorded in October.

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