Exchange Rates

Black Market Dollar To Naira Exchange Rate Today 23 December 2022

Black market dollar to naira exchange rate for today 23 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 Friday 23 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 Friday, 23 December 2022, in Lagos Nigeria, after it closed at N747.00 per $1 on Thursday, 22 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 Friday morning, December 23, 2022, after they purchased N743 and sold for N747 on Thursday, 22 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

  • Crime Watch
  • Headline

BREAKING: FG Issues Directive For Total Implementation of Cybercrimes Act 2024

FG has issued a directive for the total implementation of the Cybercrimes Act 2024.  …

3 hours ago
  • Top Stories

How Tech Can Tackle Food Security Challenges in Nigeria

Nigeria's agricultural sector has long been a significant contributor to national growth, with the potential…

4 hours ago
  • Top Stories

IPOB Declares May 30th Sit-At-Home Day To Pay Tribute To Biafran Soldiers

IPOB has declared May 30th Sit-At-Home Day to pay tribute to Biafran Soldiers.   NewsOnline…

7 hours ago
  • Headline

BREAKING: FG Vows Not To Pay ₦615,000 Minimum Wage Demand To Labour

FG has vowed not to pay ₦615,000 Minimum Wage demand to the Organized Labour claiming…

8 hours ago
  • Top Stories

European Countries Giving Work Visas To Nigerians With Ease In 2024 (FULL LIST)

European Countries that are giving Work visas to Nigerians with ease in 2024 can be…

8 hours ago
  • News

Access Bank Advocates for Innovative Financing Models to Realise SDGs

At the 2024 Medic West Africa Event, organised by ABCHealth in collaboration with Informa Markets,…

8 hours ago