Categories: Business & Economy

Black Market Dollar To Naira Exchange Rate Today 10th March 2022

Black market dollar to naira exchange rate today 10 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 thatyou can buy or sell 1 dollar at ₦577 and the price can change (high or low) within hours.

How much is exchange rate of Dollar to Naira in Black Market today?

The Nigeria parallel market (black market dollar exchange rate today) to the Nigerian Naira is as follows: For the Lagos market (black market).

Read also: Ademola Adeleke Wins Osun PDP Governorship Primary

LAGOS PARALLEL MARKET RATES March 10, 2022 (BLACK MARKET): dollar to naira exchange rate today black market

March 9th dollar to naira black market exchange rate: $1 dollar to naira = ₦577

Lagos parallel market (black market dollar exchange rate today: $1 dollar to naira today black market)

The local currency opened at N577.00 per $1 at the parallel market otherwise known as the black market, today, Thursday, 10 March 2022, in Lagos Nigeria, after it closed N577.00 per $1 on Wednesday morning, March 9, 2022.

Even though the dollar to naira opened in the parallel market at ₦577 per $1 today, EKO HOT BLOG  reports 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.

CBN Governor, Godwin Emefiele.

EKO HOT BLOG  reports that at the black market, the players buy a dollar for N572 and sell for N577 on Thursday morning, March 10, 2022, after they bought N572 and sold for N577 on Wednesday morning, March 9, 2022.

Meanwhile, EKO HOT BLOG  reports that the USD started this week at ₦577 in Parallel Market also known as Black Market on Monday, March 7, 2022, in Lagos Nigeria, after it opened at 576 last week Monday, February 28, 2022.

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 be different from what is captured in this article.

YOU MAY ALSO LIKE: Osun 2022: Adeleke Calls PDP To Unite, Emerges Candidate Alongside Babayemi

Click to watch our video of the week

Damilare Abass

Share
Published by
Damilare Abass

Recent Posts

Holiday Fair in Nigeria Ends in Disaster as Children Die in Stampede

A tragic stampede at a holiday funfair in Basorun, Oyo State, Nigeria, claimed the lives…

4 hours ago

BREAKING: ALGON Condemns Suspension Of 18 Edo LG Chairmen, Demands Reversal

The Association of Local Governments of Nigeria (ALGON) has condemned the suspension of 18 local…

5 hours ago

Senator Tokunbo Abiru Spreads Love as 10,000 Households in Lagos East Receive Food Packs for Festive Season

Ekohotblog reports that Senator Mukhail Adetokunbo Abiru, FCA, representing Lagos East Senatorial District, has extended…

5 hours ago