Black Market Dollar To Naira Exchange Rate Today October 28 2022

Black market dollar to naira exchange rate today October 28 2022 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 ₦765 and the price can change (high or low) within hours.

Naira Declined By 33.7% Since CBN Banned Sale Of Dollars To BDCs

How much is the exchange rate of Dollar to Naira in Black Market today? See Dollar To Naira Exchange Rate Today below.


The Nigeria parallel market (black market dollar exchange rate today) to the Nigerian Naira is as follows: For the Lagos market (black market).

The local currency opened at N765.00 per $1 at the parallel market otherwise known as the black market today Friday, Oc tober 28, 2022

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, in Lagos Nigeria, after it closed at N760.00 per $1 on Thursday 27,  October 2022.

Even though the dollar to naira opened in the parallel market at ₦770 per $1 todayNewsonline 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.

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DisclaimerNEWSONLINE 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.

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