The exchange rate between Nigeria’s national currency, Naira, and the United States dollar on the parallel market better known as Black Market is as follows.
Dollar to naira exchange rate today black market.
Dollar to naira black market exchange rate: $1 dollar to naira = ₦750
| Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
| Buying Rate | 745 |
| Selling Rate | 750 |
The local currency opened at N750.00 per $1 at the parallel market otherwise known as the black market today Thursday, December 1, 2022.
Please note 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.
Advertisements
Advertisements
