Categories: Economy And Business Headline

Black Market Dollar To Naira Exchange Rate Today 8 June 2022

Black market dollar to naira exchange rate today 8 June 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 ₦609 and the price can change (high or low) within hours.

 

BREAKING: Naira Falls Massively First Day Of June 2022, 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 June 8, 2022 (BLACK MARKET): dollar to naira exchange rate today black market

June 8 dollar to naira black market exchange rate: $1 dollar to naira = ₦609

 

Lagos parallel market (black market dollar exchange rate today)

 

The local currency opened at N609.00 per $1 at the parallel market otherwise known as the black market today Wednesday, 8 June 2022, in Lagos Nigeria, after it closed at N605.00 per $1 on Tuesday, 7 June 2022.

 

Even though the dollar to naira opened in the parallel market at ₦609 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 N605 and sell for N609 on Tuesday morning, June 7, 2022, after they bought N605 and sold for N609 on Monday, 6 June 2022.

 

 

Meanwhile, Newsonline Nigeria reports that the USD started this week at ₦605 in Parallel Market also known as Black Market on Monday, 6 June 2022, in Lagos Nigeria, after it opened at ₦605 last week Monday,  30 May 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.

NewsOnline Nigeria

Recent Posts

  • Crime Watch
  • Headline

Full List of Former President Buhari Ministers Being Probed By Tinubu Government

Full list of Former President Buhari Ministers being probed by Tinubu Government has emerged.  …

2 mins ago
  • Economy And Business
  • Headline

BREAKING: FG Begins Massive Destruction of Properties For Lagos-Calabar Coastal Highway

FG has begun the massive destruction of properties for the construction of the Lagos-Calabar Coastal…

18 mins ago
  • Crime Watch
  • Headline

SERAP Drags Kyari’s NNPC To Court Over $2.04 Billion, N164 billion Oil Revenues

SERAP has dragged Kyari's NNPC to court over failure to account for $2.04 billion and…

29 mins ago
  • Crime Watch
  • Headline

BREAKING: Labour Shuts Down NSITF Over N2.1 Billion Unremitted Salary Taxes

Labour has shut down NSITF over N2.1 billion in unremitted salary taxes.   NewsOnline Nigeria…

4 hours ago
  • Crime Watch
  • Headline

President Tinubu Takes Fresh ₦3.8 Trillion Ways and Means From CBN

President Tinubu has borrowed fresh ₦3.8 trillion Ways and Means from CBN.   NewsOnline Nigeria…

4 hours ago
  • Politics
  • Top Stories

Fubara Vows To Stand Firm On the People’s Side Amid Wike’s Intimidations and Bitter Politics

Governor Fubara has vowed to stand firm on the Rivers people's side amid Wike's intimidations…

5 hours ago