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Black Market Dollar To Naira Today 16th November 2022

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Black market dollar to naira exchange rate today, 16th November 2022, Aboki dollar rate can be accessed below.

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IMPORTANT NOTE: The exchange rate changes hourly.… it depends on the volume of dollars available and the Demands. It means…you can buy or sell 1 dollar at ₦800, and the price can change (high or low) within hours.

How much is the Dollar exchange rate to Naira in the Black Market today? Black market dollar to naira exchange rate 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 TODAY: dollar to naira exchange rate today black market.

November 16 dollar to naira black market exchange rate: 1 dollar to naira = ₦800

Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Buying Rate 795
Selling Rate 800

The local currency opened at N800.00 per $1 at the parallel market, otherwise known as the black market, today, Wednesday, 16 November 2022, in Lagos, Nigeria, after it closed at N765.00 per $1 on Monday, 14 November 2022.

Even though the dollar to naira opened in the parallel market at ₦765 per $1 today, Eko Hot Blog 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.

Eko Hot Blog reports that in the black market, the players buy a dollar for N795 and sell for N800 on Wednesday morning, November 16, 2022, after they bought N760 and sold for N765 on Tuesday, 15 November 2022.

Meanwhile, Eko Hot Blog reports that the USD started this week at ₦725 in Parallel Market, also known as Black Market, on Monday, November 14, 2022, in Lagos, Nigeria, after it opened at  ₦890 last week Monday, November 7, 2022.

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Disclaimer: Eko Hot Blog 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 differ from what is captured in this article.

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