Business
NAIRA woefully loses N89.27 to the dollar
The Naira lost N89.27 against the dollar at the official foreign exchange market in the first week of October 2024.
This comes as the Naira ended the week at N1631.21 per dollar from N1541.94 exchange rate on September 30, 2024.
This showed that the Naira had weakened by a significant N89.27 against the dollar.
Further analysis showed that the Naira, despite recording mixed sentiments of gains and losses at the official FX market in the period under review, has predominantly depreciated.
Meanwhile, at the black market, the Naira gained N30 to close the week at N1,670 per dollar compared to N1,700 it started that month.
Business
SEE Black Market Dollar To Naira Exchange Rate Today 1st September 2024
The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N1600 and sell at N1615 on Sunday 1st August 2024, according to sources at Bureau De Change (BDC).
The official naira black market exchange rate in Nigeria today including the Black Market rates, Bureau De Change (BDC), and CBN rates. Please note that the exchange rate is subject to hourly fluctuations influenced by the supply and demand of dollars in the market. As of now, you can purchase 1 dollar at a certain rate now, however, it’s important to keep in mind that the rate can shift (either upwards or downwards) within hours.
How much is a dollar to naira today in the black market?
Dollar to naira exchange rate today black market (Aboki dollar rate):
The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N1600 and sell at N1615 on Sunday 1st August 2024, according to sources at Bureau De Change (BDC).
Please note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market), as it has directed individuals who want to engage in Forex to approach their respective banks.
Dollar to Naira Black Market Rate Today
Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Buying Rate N1600
Selling Rate N1615
Dollar to Naira CBN Rate Today.
Dollar to Naira (USD to NGN) CBN Rate Today
Buying Rate N1600
Selling Rate N1610
Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.
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