Many Nigerians, especially those engaged in foreign trade, travel, and investment, always tend to be very sensitive and inquisitive about the US dollar-to-naira exchange rate. Parallel market rates, otherwise referred to as black market or Aboki FX rates, would often show different prices from the official Central Bank of Nigeria current rates. For many, this is a critical source of foreign exchange. How much is a dollar to naira now in black market? Dollar to naira exchange rate at black market yesterday (Aboki dollar rate): The exchange rate for a dollar to naira selling at Lagos Parallel Market (Black Market), yesterday, July 19, 2024, players bought dollars for N 1555 and sold at N 1565 according to sources at Bureau De Change, BDC.
Please take note that the Central Bank of Nigeria does not recognize the parallel market, popularly known as the black market, for it has directed anybody willing to sell Forex to go to their respective banks. Dollar to Naira Black Market Rate Today, July 20, 2024 Advertisement Buying Rate: N1575 Selling Rate: N1580 Dollar to Naira CBN Exchange Rate Some stability may come with a government-regulated setting of official rates by the Central Bank of Nigeria. View current rates below:
Dollar to Naira (USD to NGN) CBN Rate Today: Buying Rate: N1655 Selling Rate: N1656 These rates reflect government policies aimed at stabilizing the naira and managing foreign exchange reserves. Businesses and individuals who prefer regulated transactions frequently utilise these rates for their transactions. Please note that the rate at which you are selling or buying forex may not be the same during capture in this piece because prices keep varying.
Dollar to Naira Exchange Rate at Black Market (Aboki FX) July 20, 2024: USD to NGN CBN Rate Advertisement Pounds and Euro to Naira Exchange Rates For those dealing with currencies other than the US dollar, here are the latest rates: Pounds to Naira (CBN Rates) Buying Rate: ₦2,107 Selling Rate: ₦2,108 Euro to Naira (Black Market Rates) Buying Rate: ₦1,767 Selling Rate: ₦1,769
These rates are also subject to market conditions and economic policies.