Black market dollar to naira exchange rate today 27 August 2022, 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. What it means is that…you can buy or sell 1 dollar at ₦699 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 August 27, 2022 (BLACK MARKET): dollar to naira exchange rate today black market
August 27 dollar to naira black market exchange rate: $1 dollar to naira = ₦699
Dollar to Naira (USD to NGN)
Black market dollar to naira
Lagos parallel market (black market dollar exchange rate today: Aboki dollar rate)
The local currency opened at N699.00 per $1 at the parallel market otherwise known as the black market today Saturday, 27 August 2022, in Lagos Nigeria, after it closed at N695.00 per $1 on Friday, 26 August 2022.
Black market dollar to naira exchange rate today
Even though the dollar to naira opened in the parallel market at ₦699 per $1 today, Wothappen 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.
Meanwhile, Wothappen Nigeria reports that the USD started this week at ₦687 in Parallel Market also known as Black Market on Monday, 22 August 2022, in Lagos Nigeria, after it opened at ₦685 last week Monday, 15 August 2022.
Disclaimer: Wothappen NIGERIA 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.