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Home Exchange Rates

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 16th November 2024

Please note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market), as it has directed individuals who want to engage in Forex to approach their respective banks.

by NewsOnline Nigeria
November 16, 2024
in Exchange Rates
0
Naira

Naira X Tinubu

The black market dollar to Naira exchange rate on Saturday 16th November 2024 can be accessed below.

 

NewsOnline Nigeria has obtained the official naira black market exchange rate in Nigeria today including the Black Market rates, Bureau De Change (BDC), and CBN rates. Please note that the exchange rate is subject to hourly fluctuations influenced by the supply and demand of dollars in the market. As of now, you can purchase 1 dollar at a certain rate now, however, it’s important to remember that the rate can shift (either upwards or downwards) within hours.

 

How much is a dollar to naira today in the black market?

 

Dollar to naira exchange rate today black market (Aboki dollar rate):

 

According to Bureau De Change (BDC) sources, the exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players bought a dollar for N1710 and sold it for N1750 on Saturday, November 16th, 2024.

 

Please note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market), as it has directed individuals who want to engage in Forex to approach their respective banks.

 

Dollar to Naira Black Market Rate Today

Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Buying Rate N1730
Selling Rate N1740

Dollar to Naira CBN Rate Today

Dollar to Naira (USD to NGN) CBN Rate Today
Buying Rate N1745
Selling Rate N1750

Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.

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