Black market dollar to naira exchange rate today 25 March 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 ₦584 and the price can change (high or low) within hours.
How much is dollar to naira today in black market?
Brand Spur Nigeria reports that 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 March 25, 2022 (BLACK MARKET): dollar to naira exchange rate today black market (Aboki dollar rate)
March 25 dollar to naira black market exchange rate: $1 dollar to naira = ₦584
Lagos parallel market (black market dollar exchange rate today: $1 dollar to naira today black market)- Aboki dollar rate
The local currency opened at N584.00 per $1 at the parallel market otherwise known as the black market, today, Friday, 25 March 2022, in Lagos Nigeria, after it closed N580.00 per $1 on Thursday, 24 March 2022.
Even though the dollar to naira opened in the parallel market at ₦584 per $1 today, Brand Spur Nigeria that the Central Bank of Nigeria (CBN) does not recognize 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.
Brand Spur Nigeria reports that at the black market, the players buy a dollar for N579 and sell for N584 on Friday morning, March 25, 2022, after they bought N575 and sold for N580 on Thursday, 24 March 2022.
Meanwhile, Brand Spur Nigeria reports that the USD started this week at ₦585 in Parallel Market also known as Black Market on Monday, March 21, 2022, in Lagos Nigeria, after it opened at 579 last week Monday, March 14, 2022.
Disclaimer: Brand Spur 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.