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Home Business & Brands

Black Market Dollar To Naira Today 06 September 2023

byGLAMTUSH
September 6, 2023
in Business & Brands
Reading Time: 2 mins read
Dollar To Naira Exchange Rate
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Black market dollar to naira exchange rate today 06 September 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 or sell 1 dollar at ₦925 and the price can change (high or low) within hours.

 

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Exchange Rate Dollar To Naira In Black Market Today, September 06, 2023

 

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.

 

September 06 dollar to naira black market exchange rate: $1 dollar to naira = ₦925

Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Buying Rate 850
Selling Rate 855

The local currency opened at N855 per $1 at the parallel market otherwise known as the black market today Wednesday, 06 September 2023, in Lagos Nigeria, after it closed at N855 per $1 on Tuesday, 05 September 2023.

 

Even though the dollar to naira opened in the parallel market at ₦855 per $1 today, NewsOnline 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.

 

Glamtush reports that in the black market, the players buy a dollar for N910 and sell for N925 on Wednesday, 06 September 2023.

 

Meanwhile, the USD started this week at ₦865 in Parallel Market also known as Black Market on Monday, September 4, 2023, in Lagos Nigeria, after it opened at  ₦860 last week Monday, August 28, 2023.

 

Disclaimer: GLAMTUSH 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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