Exchange Rates

Black Market Dollar To Naira Exchange Rate Today 23 March 2023

The local currency opened at N750.00 per $1 at the parallel market otherwise known as the black market, today, Thursday, 23 March 2023, in Lagos Nigeria, after it closed N750.00 per $1 on Wednesday, 22 March 2023.

Advertisement
Advertisement

Black market dollar to naira exchange rate today 23 March 2023 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 ₦750 and the price can change (high or low) within hours.

 

Black market dollar to naira exchange rate

 

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 March 23, 2022 (BLACK MARKET): dollar to naira exchange rate today black market

March 23 dollar to naira black market exchange rate: $1 dollar to naira = ₦750

 

Lagos parallel market (black market dollar exchange rate today)

 

The local currency opened at N750.00 per $1 at the parallel market otherwise known as the black market, today, Thursday, 23 March 2023, in Lagos Nigeria, after it closed N750.00 per $1 on Wednesday, 22 March 2023.

 

Even though the dollar to naira opened in the parallel market at ₦750 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 N745 and sell for N750 on Thursday morning, March 23, 2023, after they bought N745 and sold for N750 on Wednesday, 22 March 2022.

 

Meanwhile, Newsonline Nigeria reports that the USD started this week at ₦750 in Parallel Market also known as Black Market on Monday, March 20, 2022, in Lagos Nigeria, after it opened at 750 last week Monday, March 13, 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

  • Economy And Business

BREAKING: President Tinubu Under Fire Over Worsening Hunger Crisis In Nigeria

President Tinubu has come under fire over the worsening hunger crisis in Nigeria leading to…

10 minutes ago
  • Featured

Open Heaven 22 December 2024 RCCG Daily Devotional

Open Heaven 22 December 2024 RCCG Daily Devotional can be accessed below.   NewsOnline Nigeria…

21 minutes ago
  • Exchange Rates

Black Market Dollar To Naira Exchange Rate In Lagos, FCT, 22 December 2024

Black Market Dollar To Naira Exchange Rate in Lagos and FCT today, 22 December 2024.…

24 minutes ago
  • Economy And Business

BREAKING: NNPCL Officially Crashes Petrol Prices Few Days To Christmas

NNPCL officially crashed petrol prices a few days before Christmas.   NewsOnline Nigeria reports that…

28 minutes ago
  • Top Stories

President Tinubu Abruptly Cancels All Planned Lagos Public Appearances

President Tinubu has abruptly cancelled all his planned public appearances in Lagos.   NewsOnline Nigeria…

8 hours ago
  • Crime Watch

BREAKING: Several Feared Dead In Abuja Church Palliative Stampede (VIDEO)

Several have been feared dead in Abuja Church Palliative Stampede.   NewsOnline Nigeria reports that…

20 hours ago