Categories: Business & Economy

Black Market Dollar To Naira Exchange Rate Today Monday 17th January 2022

Black Market Dollar To Naira Exchange Rate Today Monday 17th January 2022 can be accessed below.

Welcome to Eko Hot Blog, we have compiled Dollar to naira exchange rates in Nigeria today including the Black Market rates and Bureau De Change (BDC) rate for today Monday 17th January 2022.

Eko Hot Blog gathered that the exchange rate between the Naira and the US dollar according to the data posted on the FMDQ Security Exchange where forex is officially traded, showed that the naira opened at N416.15 per dollar on Friday, January 14th, 2022, after it closed at 416.50 per $1 on Thursday, January 13th, 2022 which represents a change of 0.12%.
What is the Exchange Rate of Dollar To Naira in Black Market Today?

 

The Nigeria black market dollar exchange rate today to the Nigerian Naira is as follows:

LAGOS PARALLEL MARKET RATES Monday, January 17th, 2022 (BLACK MARKET)

Read Also: BREAKING: Many Brutally Killed In Kebbi As Bandits Attack, Burn Corpses [PHOTO]

 

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 ₦570 and the price can change (high or low) within hours.

According to reports reaching us, the Ikeja Parallel market, Dollar opened at N560.00 per $1 at the parallel market also known as the black market, today, Monday, 17th January 2022, after it closed N562.00 per $1 on Friday 14th January 2022. which represents a total change of $2.

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.

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.

Damilare Abass

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Damilare Abass

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