Exchange Rates

Black Market Dollar To Naira Exchange Rate Today 22 December 2022

Black market dollar to naira exchange rate for today 22 December 2022, Aboki dollar rate 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. It means that…you can buy or sell 1 dollar at ₦743 and ₦747, note that the price can change (high or low) within hours.

 

How much is a dollar to naira today in the black market?

 

Dollar to naira exchange rate today black market (Aboki dollar rate):

 

The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N743 and sell at N747 on Wednesday 21 December 2022, according to sources at Bureau De Change (BDC).

 

Please note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market), as it has directed individuals who want to engage in Forex to approach their respective banks.

 

Dollar to Naira Black Market Rate Today

 

Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Buying Rate N743
Selling Rate N747

 

The local currency opened at N746.00 per $1 at the parallel market otherwise known as the black market today Thursday, 22 December 2022, in Lagos Nigeria, after it closed at N747.00 per $1 on Wednesday, 21 December 2022.

Even though the dollar to naira opened in the parallel market at ₦746 per $1 today, News Online 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 in the black market, the players buy a dollar for N743 and sell for N746 on Thursday morning, December 22, 2022, after they purchased N743 and sold for N747 on Wednesday, 21 December 2022.

 

 

Meanwhile, News Online Nigeria reports that the USD started this week at ₦747 in Parallel Market also known as Black Market on Monday, December 19, 2022, in Lagos Nigeria, after it opened at  ₦743 last week Monday, December 12, 2022.

 

 

Disclaimer: NEWS ONLINE 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.

NewsOnline Nigeria

Recent Posts

  • Economy And Business
  • Headline

MTN Nigeria Announces Tariff Hike To Manage Operating Costs

MTN Nigeria has announced a tariff hike to manage operating costs.   NewsOnline Nigeria reports…

2 hours ago
  • Crime Watch
  • Headline

Sacked EKEDC MD, Tinuade Sanda Embroiled in Fake Certificate Scandal

Sacked EKEDC MD, Tinuade Sanda has been embroiled in a fake certificate scandal.   NewsOnline…

2 hours ago
  • Crime Watch
  • Top Stories

Yahaya Bello Defeated As Court of Appeal Rules in Favor of EFCC

Yahaya Bello has been defeated as the court of appeal ruled in favor of EFCC.…

2 hours ago
  • Crime Watch
  • Headline

Nigerians Hoarding 94 Percent Cash, Says CBN Report

CBN Report has shown that Nigerians are hoarding 94 Percent of cash outside the banking…

3 hours ago
  • Exchange Rates
  • Top Stories

Customs Import Duty Exchange Rate Surges Above Official Rate to N1,441/$

Customs Import Duty Exchange Rate has surged above the official rate to N1,441/$.   NewsOnline…

11 hours ago
  • Headline

BREAKING: Governors Disagree with FG on Minimum Wage Hike

   Nigeria Governors’ Forum has disagreed with the FG on the Minimum Wage hike for…

11 hours ago