What is the current exchange rate for the dollar to the naira on the black market, also known as the parallel market (Aboki fx)?
Below is the exchange rate for the dollar to the naira on the black market as of July 22. You can exchange your dollars for naira at these rates.
Current Dollar to Naira Black Market Rate
As of today, the dollar to naira exchange rate on the black market (Aboki fx) is as follows:
– Buying Rate: In the Lagos Parallel Market, traders are buying dollars at ₦1560 each.
– Selling Rate: Dollars are being sold for ₦1570 each on Tuesday, July 22, 2024, according to sources from the Bureau De Change (BDC).
Please be aware that the Central Bank of Nigeria (CBN) does not recognize the parallel market. It has instructed individuals who wish to engage in foreign exchange transactions to contact their banks directly.
Exchange Rates Overview
Dollar to Naira Black Market Rates Today
– Buying Rate: ₦1560
– Selling Rate: ₦1570
Dollar to Naira CBN Rates Today
– Buying Rate: ₦1533
– Selling Rate: ₦1534
Please keep in mind that the exchange rates at which you buy or sell forex may differ from those listed here, as prices can fluctuate.
