Exchange Rates

Black Market Dollar To Naira Exchange Rate Today 22 January 2023

Black market dollar to naira exchange rate for today 22 January 2023, 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 Sunday 22 January 2023, 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 Sunday, 22 January 2023, in Lagos Nigeria, after it closed at N747.00 per $1 on Saturday, 21 January 2023.

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 Sunday morning, January 22, 2023, after they purchased N743 and sold for N747 on Saturday, 21 January 2023.

 

Meanwhile, News Online reports that the USD started this week at ₦747 in Parallel Market also known as Black Market on Monday, January 16, 2023, in Lagos Nigeria, after it opened at  ₦743 last week Monday, January 9, 2023.

 

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

  • Headline

Tinubu Whereabouts Unknown Six Days After WEF Forum Ended In Saudi Arabia

President Tinubu whereabouts have remained unknown to the public six days after the WEF Forum…

7 hours ago
  • Opinion
  • Tech

President Tinubu Must Keep His Campaign Promise On Nigerian Crypto Industry

Nigerian young resident population now feels more mistrust and bewilderment, because of the FG’s recent…

7 hours ago
  • Crime Watch
  • Top Stories

Wike, Others Risks Arraignment Over Inability To Account For N5.9 Trillion, $4.6bn Loans

Wike among others risks arraignment over inability to account for N5.9 Trillion and $4.6bn Loans.…

7 hours ago
  • Crime Watch
  • Headline

BREAKING: EFCC Speaks On Viral List of Former Governors Being Investigated For Fraud

EFCC has spoken on the viral list of Former Governors being investigated for alleged fraud,…

8 hours ago
  • Economy And Business
  • Headline

BREAKING: FG Move To Ban $57bn Crypto Businesses In Bid To Rescue Naira

FG has moved to ban the $57bn Crypto Businesses in bid to rescue the Naira.…

11 hours ago
  • Brands & Marketing

Zenith Bank and AfCFTA Launch Innovative Smart Trade Portal

Zenith Bank and AfCFTA have launched an innovative smart trade portal.   NewsOnline Nigeria reports…

11 hours ago