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Home Exchange Rates

Black Market Dollar To Naira Exchange Rate Today, 25 April 2023 (Aboki Fx)

NewsOnline Nigeria reports that at the black market, the players buy a dollar for N730 and sell for N737 on Tuesday morning, 25 April 2023, after they bought N745 and sold for N750 on Monday, 25 April 2023.

by NewsOnline Nigeria
April 25, 2023
in Exchange Rates, Headline
0
Naira

Naira

Black Market Dollar To Naira Exchange Rate Today,  25 April 2023 from the Aboki Fx market 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 ₦737 and the price can change (high or low) within hours.

 

Black market dollar to naira exchange rate
Black market dollar to naira exchange rate

 

Speaking in Victoria Island, Lagos, Bureaux De Change operators (BDCs) said they purchased the greenback at N730/$, sold at N737/$ and made a gain of N7.

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 25 April 2023 (BLACK MARKET): dollar to naira exchange rate today black market

 

April 25 dollar to naira black market exchange rate: $1 dollar to naira = ₦737

 

Lagos parallel market (black market dollar exchange rate today)

 

Dolla to Naira exchange rate opened at N737.00 per $1 at the parallel market otherwise known as the black market, today, Tuesday, 25 April 2023, in Lagos Nigeria, after it closed at N746.00 per $1 on Monday, 24 April 2023.

 

Even though the dollar to naira opened in the parallel market at ₦737 per $1 today, Newsonline 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.

 

NewsOnline Nigeria reports that at the black market, the players buy a dollar for N730 and sell for N737 on Tuesday morning, 25 April 2023, after they bought N745 and sold for N750 on Monday, 25 April 2023.

 

Meanwhile, NewsOnline Nigeria reports that the USD started this week at ₦746 in Parallel Market also known as Black Market on Monday, 24th April 2022, in Lagos Nigeria, after it opened at 745 last week Monday, April 17th, 2023.

 

Disclaimer: NEWSONLINE 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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