Black Market Dollar To Naira Exchange Rate Today 28 May 2022
Below is the black market dollar to naira conversion rate for today, 28 May 2022.
IMPORTANT NOTE: The exchange rate fluctuates hourly, depending on the amount of dollars available and the demand. What this means is that at $605 you can purchase or sell 1 dollar, and the price can fluctuate (high or low) within hours.
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The current Nigerian Naira parallel market (black market dollar exchange rate) is as follows: For the market in Lagos (black market).
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May 27 dollar to naira official market exchange rate: $1 dollar to naira =₦415.22
The parallel market, often known as the black market, in Lagos, Nigeria, began at N415.22 per $1 today, Saturday, 28 May 2022, after closing at N415.2317 per $1 on Friday, 27 May 2022.
Despite the fact that the dollar to naira exchange rate opened in the parallel market at 605 per $1 today, Touchaheart says that the CBN does not acknowledge the parallel market, also known as the black market.
May 28 dollar to naira black market exchange rate: $1 dollar to naira =₦605
LAGOS PARALLEL MARKET RATES May 28, 2022 (BLACK MARKET): dollar to naira exchange rate today black market
The local currency opened at N605.00 per $1 at the parallel market otherwise known as the black market, today, Saturday, 28 May 2022, in Lagos Nigeria, after it closed at N605.00 per $1 on Friday, 28 May 2022.
As a result, anyone in need of currency should contact their bank, with the I&E window being the only known exchange, according to the apex bank.
The participants buy a dollar for N600 on the black market and sell for N605 on Saturday, May 28, 2022, after buying N600 and selling for N605 on Thursday, May 27, 2022.
Meanwhile, Touchaheart Nigeria says that the USD opened this week at 605 in Lagos Nigeria’s Parallel Market, commonly known as Black Market, on Monday, May 23, 2022, after opening at 595 the week before, May 16, 2022
TOUCHAHEART NIGERIA does not set or determine foreign exchange rates. The official NAFEX rates can be seen on the FMDQOTC’s website. Parallel market (black market) rates can be found in a variety of places, including online media channels. The rates at which you purchase or sell FX may differ from those described in this article.
