Dollar To Naira Exchange Rate Today (Black Market Rate)
Black market dollar to naira exchange rate today 11th April 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 ₦587 and the price can change (high or low) within hours.
How much is dollar to naira today in black market?
Eko Hot Blog reports that the Nigeria parallel market (black market dollar exchange rate today) to the Nigerian Naira is as follows: For the Lagos market (black market).
Dollar to naira exchange rate for Monday, April 11 goes for [N581 to buy and N587 to sell].
Lagos parallel market (black market dollar exchange rate today: $1 dollar to naira today black market)- Aboki dollar rate
The local currency opened at N587.00 per $1 at the parallel market otherwise known as the black market, today, Monday, 11 April 2022, in Lagos Nigeria, after it closed at N585.00 per $1 on Sunday, 10 April 2022
Even though the dollar to naira opened in the parallel market at ₦587 per $1 today, Newsone 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.
Newsone Nigeria reports that on the black market, the players buy a dollar for N581 and sell for N587 on Monday morning, April 11, 2022, after they bought N580 and sold for N585 on Sunday, 10 April 2022
Meanwhile, Newsone Nigeria reports that the USD started this week at ₦587 in Parallel Market also known as Black Market on Monday, April 11, 2022, in Lagos Nigeria, after it opened at 589 last week Monday, April 4, 2022.
FURTHER READING:
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.
Click to watch our video of the week
NNPCL reduces petrol price to ₦965 in Abuja. Independent marketers maintain higher prices, ranging from…
The Federal Government has declared Wednesday, Thursday and Jan.1, 2025 as public holidays. This was…
The Minister of State for Defence, Bello Matawalle, says the lifting of ban on mining…