What is the Dollar to Naira exchange rate at the black market (parallel market)?
Here is the updated black market Dollar to Naira exchange rate for today, 22nd November 2024. Check below for the current rates at which you can exchange dollars for Naira.
Dollar to Naira Black Market Exchange Rate Today
As of today, 22nd November 2024, traders at the Lagos Parallel Market (Black Market) report buying dollars at **₦1,745** and selling at **₦1,755**, based on information from Bureau De Change (BDC) operators.
It’s important to note that the Central Bank of Nigeria (CBN) does not endorse black market transactions and advises individuals to use official banking channels for foreign exchange (Forex) needs.
Dollar to Naira Exchange Rates Overview
| **Exchange Type** | **Buying Rate (₦)** | **Selling Rate (₦)** |
| Black Market (Aboki) | 1,745 | 1,755 |
| CBN Official Rate | 1,687 | 1,688 |
CBN Exchange Rates Today
At the CBN official exchange window, the Dollar to Naira rate remains lower compared to the black market, with a buying rate of **₦1,687** and a selling rate of **₦1,688**.
Disclaimer
Exchange rates vary across different locations and traders. The figures provided here are indicative and may differ slightly from actual transaction rates. Always verify with your local dealer or bank before engaging in Forex transactions.
Keep following for more updates on the Dollar to Naira exchange rate trends.
