Business & Economy
Black Market Dollar To Naira Exchange Rate Today 19th January 2022
Black market dollar to naira exchange rate today 19th January 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 ₦570 and the price can change (high or low) within hours.
January 19 dollar to naira official market exchange rate: $1 dollar to naira =₦415.25
How Much Is Dollar To Naira Exchange Rate Today Official Rate?
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).
Lagos parallel market (black market dollar exchange rate today)
The local currency opened at N570.00 per $1 at the parallel market otherwise known as the black market, today, Wednesday, 19 January 2022, in Lagos Nigeria after it closed N571.00 per $1 on Tuesday, 18 January 2022.
Even though the dollar to naira opened in the parallel market at ₦570 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 at the black market, the players buy a dollar for N565 and sell for N570 on Wednesday morning, January 19, 2022 after they bought N565 and sold for N571 on Tuesday, 18 January 2022.
Meanwhile, Eko Hot Blog reports that the USD started this week at ₦570 in Parallel Market also known as Black Market on Monday, January 17, 2022 in Lagos Nigeria, same amount it opened at last week Monday, January 10, 2021.
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.
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