Black market dollar to naira exchange rate today 22 September 2022 can be accessed below.
How much is the exchange rate of Dollar 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 September 22, 2022 (BLACK MARKET): dollar to naira exchange rate today black market
September 22 dollar to naira black market exchange rate: $1 dollar to naira = ₦715
Lagos parallel market (black market dollar exchange rate today)
The local currency opened at N715.00 per $1 at the parallel market otherwise known as the black market today Thursday, 22 September 2022, in Lagos Nigeria, after it closed at N710.00 per $1 on Wednesday, 21 September 2022.
Even though the dollar to naira opened in the parallel market at ₦715 per $1 today, Glamtush 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.
Glamtush reports that on the black market, the players buy a dollar for N710 and sell for N715 on Thursday morning, September 22, 2022, after they bought N710 and sold for N715 on Wednesday, 21 September 2022.
Meanwhile, the USD started this week at ₦708 in Parallel Market also known as Black Market on Monday, 19 September 2022, in Lagos Nigeria, after it opened at ₦700 last week Monday, 12th September 2022.