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Black market dollar to naira exchange rate today 4th May 2022

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Black market dollar to naira exchange rate today 3rd May 2022
Black market dollar to naira exchange rate today

ENigeria Newspaper is reporting that Black market dollar to naira exchange rate today 3rd May 2022 can be accessed below.

IMPORTANT NOTE: The exchange rate fluctuates hourly, depending on the amount of dollars available and the Demands. What this means is that you can purchase or sell a dollar for $588, and the price can fluctuate (high or low) in a few of hours after.

How much is dollar to naira today in black market?: Black market dollar to naira exchange rate today…

According to checks by ENigeria Newspaper, the current Nigerian Naira parallel market (black market dollar exchange rate) is as follows: , for the Lagos market alternatively known as black market.

LAGOS PARALLEL MARKET RATES May 4, 2022 (BLACK MARKET): dollar to naira exchange rate today black market (Aboki dollar rate)

Dollar to naira exchange rate for Wednesday, May 4 goes for [N584 to buy and N588 to sell].

Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Buying Rate 584
Selling Rate 588

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Aboki dollar rate in Lagos parallel market (black market dollar exchange rate today: $1 dollar to naira today black market)
The parallel market, often known as the black market, in Lagos, Nigeria, opened at N588.00 per $1 today, Wednesday, 4 May 2022, after closing at N589.00 per $1 on Tuesday, 3 May 2022.

Black market dollar to naira exchange rate today 4th May 2022

naira-to-dollar

Despite the fact that the dollar to naira exchange rate opened in the parallel market at 588 for $1 today, the Central Bank of Nigeria (CBN) does not acknowledge the parallel market, also known as the black market, according to ENigeria Newspaper. As a result, anyone in need of currency should contact their bank, with the I&E window being the sole known exchange, according to the apex bank.

The participants buy a dollar for N584 on the black market and sold for N588 on Wednesday morning, May 4, 2022, after buying N587 and selling for N589 on Tuesday morning, May 3, 2022, according to ENigeria Newspaper checks.

Meanwhile, ENigeria Newspaper reports that the USD opened this week at 589 in Lagos Nigeria’s Parallel Market, commonly known as the Black Market, on Monday, May 2, 2022, after opening at 589 last week on Monday, April 25, 2022.

ENIGERIA NEWSPAPER does not establish or determine foreign exchange rates. The official NAFEX rates can be seen on the FMDQOTC’s website. Various sources, including internet media outlets, are used to get parallel market (black market) pricing. The rates at which you purchase or sell currency may fluctuate and maybe different from what is captured in this article.

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