IMPORTANT NOTE: The exchange rate fluctuates hourly, depending on the amount of dollars available and the Demands. What this signifies is… At $588, you can buy or sell one dollar, and the price can swing dramatically (high or low) within hours.
How much is dollar to naira today in black market?
The current Nigerian Naira parallel market (black market dollar exchange rate) is as follows: For the market in Lagos (black market).
LAGOS PARALLEL MARKET RATES May 4, 2022 (BLACK MARKET): dollar to naira exchange rate today black market (Aboki dollar rate)
Lagos parallel market (black market dollar exchange rate today: $1 dollar to naira today black market)- Aboki dollar rate
The parallel market, often known as the black market, in Lagos, Nigeria, began at N588.00 per $1 today, Wednesday 4, April 2022, after closing at N589.00 per $1 on Monday, 3 May 2022.
Touchaheart reports that the Central Bank of Nigeria (CBN) does not acknowledge the parallel market, also known as the black market, despite the fact that the dollar to naira opened in the parallel market at 589 for $1 today. As a result, anyone in need of currency should contact their bank, with the I&E window being the sole known exchange, according to the apex bank.
Touchaheart Nigeria reports that the gamers acquire a dollar for N584on the black market and sell for N588 on Wednesday morning, May 3 2022, after buying N589 and selling for N589 on Tuesday, May 2, 2022.
Meanwhile, Touchaheart Nigeria reported that the USD began trading this week at 589 in Lagos Nigeria’s Parallel Market, popularly known as the Black Market, on Monday, May 2, 2022, after opening at 587 the week before on Monday, April 18, 2022.
TOUCHAHEART NIGERIA does not set or determine foreign exchange rates. The official NAFEX rates can be seen on the FMDQOTC’s website. Various sources, including internet media outlets, are used to get parallel market (black market) pricing. The rates at which you purchase or sell FX may differ from those described in this article