ENigeria Newspaper brings you black market naira to dollar exchange rate today, 25 August, 2022 in Nigeria.
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 ₦690 and the price can change (high or low) within hours.
How much is Black market naira to dollar Exchange Rate?
ENigeria Newspaper is reporting that the Nigeria parallel market (black market naira exchange rate) to the Nigerian Naira is as follows: For the Lagos market (black market).
Naira to dollar exchange rate for Thursday Saturday, August 25, 2022 goes for [N690 to buy and N695 to sell].
Lagos parallel market (black market naira exchange rate today: $1 dollar to naira today black market)- Aboki dollar rate
The local currency opened at N690.00 per $1 at the parallel market otherwise known as the black market, today, Thursday, August 35 2022, in Lagos Nigeria, after it closed at same price (N690 per $1 on Wednesday, 25 August 2022.
ENigeria Newspaper 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.
Disclaimer: ENIGERIA NEWSPAPER 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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