Exchange Rates

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 5th August 2024

Advertisement
Advertisement

Black market dollar to naira exchange rate on Monday 5th August 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 keep in mind 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):

 

The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N1560 and sell at N1580 on Monday 5th August 2024, according to sources at Bureau De Change (BDC).

 

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 N1560
Selling Rate N1580

Dollar to Naira CBN Rate Today

Dollar to Naira (USD to NGN) CBN Rate Today
Buying Rate N1584
Selling Rate N1585

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

 

Advertisement
Ugwu Benson

Recent Posts

  • Headline

BREAKING: FG Orders Julius Berger To Vacate Abuja-Kano Road Project

FG has ordered Julius Berger to vacate Abuja-Kano Road Project.   NewsOnline Nigeria reports that…

5 mins ago
  • Crime Watch
  • Headline

BREAKING: New Terrorist Group, LAKURAWAS Springs Up In North

A new Terrorist Group, LAKURAWAS has sprung up in the North.   NewsOnline Nigeria reports…

13 mins ago
  • Headline
  • World

BREAKING: First US Presidential Election Result Emerges

The first US Presidential Election Result has emerged.   NewsOnline Nigeria reports that voting in…

21 mins ago
  • Crime Watch
  • Headline

BREAKING: FG Releases Minors Charged With Treason For Protesting Against Hunger

FG has released minors charged with treason for protesting against hunger in Northern Nigeria.  …

30 mins ago
  • Exchange Rates

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 5th November 2024

The black market dollar to Naira exchange rate on Tuesday 5th November 2024 can be…

43 mins ago
  • Headline

BREAKING: President Tinubu Makes Two Important Appointments (FULL LIST)

President Tinubu has made two important appointments.   NewsOnline Nigeria reports that President Bola Tinubu…

13 hours ago