Exchange Rates

Black Market Dollar To Naira Exchange Rate Today, 15th May 2023

Speaking in Victoria Island, Lagos, Bureaux De Change operators (BDCs) said they purchased the greenback at N750/$, sold at N755/$ and made a gain of N5.

Advertisement
Advertisement

Black Market Dollar To Naira Exchange Rate Today, 15th May 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 ₦755 and the price can change (high or low) within hours.

 

Black market dollar to naira exchange rate

 

Speaking in Victoria Island, Lagos, Bureaux De Change operators (BDCs) said they purchased the greenback at N750/$, sold at N755/$ and made a gain of N5.

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 15th May 2023 (BLACK MARKET): dollar to naira exchange rate today black market

 

15th May dollar to naira black market exchange rate: $1 dollar to naira = ₦755

 

Lagos parallel market (black market dollar exchange rate today)

 

Dolla to Naira exchange rate opened at N755.00 per $1 at the parallel market otherwise known as the black market, today, Monday, 15th May 2023, in Lagos Nigeria, after it closed at N746.00 per $1 on Sunday, 14th May 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 N750 and sell for N755 on Monday morning, 15th May 2023, after they bought N745 and sold for N750 on Sunday, 14th May 2023.

 

Meanwhile, NewsOnline Nigeria reports that the USD started this week at ₦746 in Parallel Market also known as Black Market on Monday, 8th May 2022, in Lagos Nigeria, after it opened at 745 last week Monday, May 1, 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.

Advertisement
NewsOnline Nigeria

Recent Posts

  • Exchange Rates

Black Market Dollar To Naira Exchange Rate In Lagos, FCT, 25 December 2024

Black Market Dollar To Naira Exchange Rate in Lagos and FCT today, 24 December 2024.…

11 hours ago
  • Crime Watch

BREAKING: Boko Haram Terrorists Bomb Nigerian Army Base

Boko Haram Terrorists have reportedly bombed the Nigerian Army Base.   NewsOnline Nigeria reports that…

11 hours ago
  • Headline

BREAKING: Plane Carrying 67 People Bursts Into Flames On Christmas Day (VIDEO)

A plane carrying at least 67 people busted into flames on Christmas day.   NewsOnline…

12 hours ago
  • Top Stories

Primate Ayodele Preaches Love, Compassion To Christians On Christmas

Primate Ayodele has preached love and compassion to Christians on Christmas.   NewsOnline Nigeria reports…

12 hours ago
  • Economy And Business

President Tinubu Sends Message Of Hope To Nigerians On 2024 Christmas Celebration

President Tinubu sent a message of hope to Nigerians at the 2024 Christmas Celebration.  …

12 hours ago
  • Top Stories

JTAH Foundation Hosts Annual Christmas Event, Shares Xmas Gifts (PHOTOS)

JTAH Foundation has hosted an annual Christmas event and shared Xmas gifts in Lagos.  …

12 hours ago