What is the Black Market?
The black market rates are the unofficial exchange rates that are used outside the official channels.
How much is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki FX)?
To swap your dollar for naira, it is exchanged at the rates below:
Buying Rate ₦1210
Selling Rate ₦1215
What is the OANDA Rates for today?
OANDA Rates™ are foreign exchange rates compiled from leading market data contributors.
How much is the OANDA Rates for a dollar to naira today?
Below is the OANDA exchange rate for a dollar and pounds to naira respectively:
Naira to Pounds Rate – ₦1142 27
Naira to Dollars Rate – ₦897.14
Dollar to Naira CBN Rate Today
Buying Rate – ₦898
Selling Rate – ₦899
Disclaimer on the Black Market Rates for Dollar and Pounds to Naira
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.
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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