Categories: Economy And Business Headline

Black Market Dollar To Naira Exchange Rate Today 23 September 2022

Advertisement
Advertisement

Black market dollar to naira exchange rate today 23 September 2022 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 ₦715 and the price can change (high or low) within hours.

Naira Falls Massively Again At Black Market, See New Exchange Rate

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

September 23 dollar to naira black market exchange rate: $1 dollar to naira = ₦715

Lagos parallel market (black market dollar exchange rate today)

 

The local currency opened at N715.00 per $1 at the parallel market otherwise known as the black market today Friday, 22 September 2022, in Lagos Nigeria, after it closed at N710.00 per $1 on Thursday, 22 September 2022.

Even though the dollar to naira opened in the parallel market at ₦715 per $1 todayNewsonline 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 on the black market, the players buy a dollar for N710 and sell for N715 on Friday morning, September 23, 2022, after they bought N710 and sold for N715 on Thursday, 22 September 2022.

 

Meanwhile, Newsonline Nigeria reports that the USD started this week at ₦708 in Parallel Market also known as Black Market on Monday, 19 September 2022, in Lagos Nigeria, after it opened at ₦700 last week Monday, 12th September 2022.

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

  • Brands & Marketing

N500m Scandal: Access Bank Under Fire Over Failure To Address Major Issues

Access Bank has come under fire over failure to address major issues on the allegation…

1 hour ago
  • Top Stories

PDP National Chairman, Secretary Always In Wike’s Bedroom – Lawmakers

Lawmakers have alleged that the PDP National Chairman and Secretary are always in Wike’s bedroom.…

2 hours ago
  • Headline

BREAKING: APC Speaks On Rift Between Obasa, Seyi Tinubu Over 2027 Governorship Ambition

APC has spoken on the alleged rift between Obasa and Seyi Tinubu over the 2027…

2 hours ago
  • Economy And Business

BREAKING: Petrol Marketers Reduce Petrol Prices Across Nigeria

Petrol Marketers has reduced petrol prices across Nigeria.   NewsOnline Nigeria reports that the Independent…

2 hours ago
  • Exchange Rates

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 25 November 2024

The black market dollar to Naira exchange rate on Monday 25 November 2024 can be…

2 hours ago
  • Economy And Business

BREAKING: Dangote Refinery Slashes Petrol Price In Nigeria

Dangote Refinery has slashed Petrol Price in Nigeria.   NewsOnline Nigeria reports that Dangote Refinery…

14 hours ago