Categories: Economy And Business Headline

Black Market Dollar To Naira Exchange Rate Today 27 September 2022

Advertisement
Advertisement

Black market dollar to naira exchange rate today 27 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 ₦720 and the price can change (high or low) within hours.

Naira Crashes To All Time Record Low Against Dollar, 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 27, 2022 (BLACK MARKET): dollar to naira exchange rate today black market

September 27 dollar to naira black market exchange rate: $1 dollar to naira = ₦720

Lagos parallel market (black market dollar exchange rate today)

 

The local currency opened at N720.00 per $1 at the parallel market otherwise known as the black market today Tuesday, 27 September 2022, in Lagos Nigeria, after it closed at N720.00 per $1 on Monday, 26 September 2022.

Even though the dollar to naira opened in the parallel market at ₦720 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 N715 and sell for N720 on Tuesday morning, September 27, 2022, after they bought N715 and sold for N720 on Monday, 26 September 2022.

 

Meanwhile, Newsonline Nigeria reports that the USD started this week at ₦720 in Parallel Market also known as Black Market on Monday, 26 September 2022, in Lagos Nigeria, after it opened at ₦710 last week Monday,  September 19th 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

  • Top Stories

Labour Dumps Negotiation Meeting With FG Over Ridiculous Minimum Wage Offer

Labour dumped the negotiation meeting with FG over a ridiculous minimum wage offer.   NewsOnline…

9 hours ago
  • Politics

APC Suspends Senator Jimoh Ibrahim Over Anti-Party Activities

APC has suspended Senator Jimoh Ibrahim over alleged anti-party activities.   NewsOnline Nigeria reports that…

9 hours ago
  • Education

2024 SSCE NECO Timetable Released (Download PDF Here)

The 2024 SSCE NECO Timetable has been released, Download NECO Timetable PDF Below.   NewsOnline…

9 hours ago
  • Headline

BREAKING: Top Lagos Government Official, Gboyega Soyannwo Is Dead

Top Lagos Government Official, Gboyega Soyannwo is dead.   NewsOnline Nigeria reports that the governor…

10 hours ago
  • Crime Watch

BREAKING: Court Jails Former Minister For 20 Years

Court has jailed a Former Minister for 20 years.   NewsOnline Nigeria reports that a…

10 hours ago
  • Crime Watch

BREAKING: Justice Anenih Grants Emefiele N300m Bail Over Unlawful Naira Redesign

Justice Anenih has granted Emefiele N300m bail over unlawful Naira redesign.   NewsOnline Nigeria reports…

17 hours ago