Black Market Dollar To Naira Today 15th October 2022

Black market dollar to naira exchange rate today October 15 2022 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. What it means is that…you can buy or sell 1 dollar at ₦745 and the price can change (high or low) within hours.

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.

October 15th dollar to naira black market exchange rate: $1 dollar to naira = ₦745

Dollar to Naira exchange rate today

Dollar to Naira (USD to NGN)	Black Market Exchange Rate Today
Buying Rate	740
Selling Rate	745

The local currency opened at N745.00 per $1 at the parallel market otherwise known as the black market today Saturday, October 15 2022, in Lagos Nigeria, after it closed at N737.00 per $1 on Friday 14, October 2022.

Even though the dollar to naira opened in the parallel market at ₦745 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 in the black market, the players buy a dollar for N740 and sell for N745 on Saturday, October 15, 2022, after they bought N734 and sold for N737 on Friday, 14th October 2022.

Meanwhile, the USD started this week at ₦734 in Parallel Market also known as Black Market on Monday, October 10, 2022, in Lagos Nigeria, after it opened at ₦742 last week Monday, October 3, 2022.

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.