Categories: Economy And Business Headline

Black Market Dollar To Naira Exchange Rate Today 9 August 2022

Black market dollar to naira exchange rate today 9 August 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 ₦665 and the price can change (high or low) within hours.

 

Naira Appreciates Across Markets After CBN Assures of Stability

 

 

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 August 9, 2022 (BLACK MARKET): dollar to naira exchange rate today black market

August 9 dollar to naira black market exchange rate: $1 dollar to naira = ₦665

 

Lagos parallel market (black market dollar exchange rate today)

 

 

The local currency opened at N665.00 per $1 at the parallel market otherwise known as the black market today Tuesday, 9 August 2022, in Lagos Nigeria, after it closed at N665.00 per $1 on Monday, 8 August 2022.

 

 

Even though the dollar to naira opened in the parallel market at ₦650 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 N660 and sell for N665 on Tuesday morning, August 9, 2022, after they bought N645 and sold for N650 on Monday, 8 August 2022.

 

 

Meanwhile, Newsonline Nigeria reports that the USD started this week at ₦665 in Parallel Market also known as Black Market on Monday, 8 August 2022, in Lagos Nigeria, after it opened at ₦658 last week Monday,  1st August 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

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…

3 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…

3 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…

3 hours ago
  • Entertainment
  • Headline

BREAKING: Popular Nigerian Female Gospel Singer Is Dead (PHOTO)

Popular Nigerian Female Gospel Singer is dead.   NewsOnline Nigeria reports that popular Gospel singer…

3 hours ago
  • Headline

BREAKING: Power Minister Resigns Over Epileptic Electricity Supply

 Power Minister has resigned over an epileptic electricity supply.   NewsOnline reports that following weeks…

3 hours ago
  • Exchange Rates

Black Market Dollar To Naira Exchange Rate Sunday, 28th April 2024

Black market dollar to naira exchange rate Sunday 28th April 2024 can be accessed below.…

4 hours ago