Black market dollar to naira exchange rate today 8 November 2022, Aboki dollar rate 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 TODAY: dollar to naira exchange rate today black market.
November 8 dollar to naira black market exchange rate: $1 dollar to naira = ₦870
|Dollar to Naira (USD to NGN)||Black Market Exchange Rate Today|
|Buy ing Rate||867|
The local currency opened at N870.00 per $1 at the parallel market otherwise known as the black market today Tuesday, 8 November 2022, in Lagos Nigeria, after it closed at N890.00 per $1 on Monday, 7 November 2022.
Even though the dollar to naira opened in the parallel market at ₦870 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.
Glamtus reports that in the black market, the players buy a dollar for N867 and sell for N870 on Tuesday morning, November 8, 2022, after they bought N885 and sold for N890 on Monday, 7 November 2022.
Meanwhile, the USD started this week at ₦890 in Parallel Market also known as Black Market on Monday, November 7, 2022, in Lagos Nigeria, after it opened at ₦800 last week Monday, October 31, 2022.