![dollar to naira at black market dollar to naira at black market](https://www.bellanaija.com/wp-content/uploads/2015/02/naira-and-dollar.jpg)
Parallel market rates (black market rates) are obtained from various sources including online media outlets. Even though the dollar to naira opened in the parallel market at 565 per 1 today, Newsone reports that the Central Bank of Nigeria (CBN) does not recognise the parallel market, otherwise known as the black market.
![dollar to naira at black market dollar to naira at black market](https://newsonlineng.com/wp-content/uploads/2021/09/d2462a636ebde151c14478d09788df9e-2.jpg)
The official NAFEX rates are obtained from the website of the FMDQOTC.
![dollar to naira at black market dollar to naira at black market](https://i2.wp.com/blogginfotech.com/wp-content/uploads/2017/05/euro-to-naira-exchange-rate-black-market-cbn.jpg)
Meanwhile, Brand Spur Nigeria reports that the USD started this week at ₦564 in Parallel Market also known as Black Market on Monday, Novemin Lagos Nigeria, after it opened at ₦541 last week Monday, November 15, 2021.ĭisclaimer: Brand Spur Nigeria does not set or determine forex rates. What it means is thatyou can buy or sell 1 dollar at 558 and the price can change (high or low) within hours. it depends on the volume of dollars available and the Demands. This represents a change of 0 from the previous day. IMPORTANT NOTE: Please note that the exchange rate changes hourly. Lagos parallel market (black market dollar exchange rate today) The local currency opened at N575.00 per 1 at the parallel market otherwise known as the black market, today, Sunday, 3 October 2021, in Lagos Nigeria after it closed N575.00 per 1 on Saturday, 2 October 2021. 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.īrand Spur Nigeria reports that the black market, the players buy a dollar for N550 and sell for N565 on Tuesday morning, Novemafter they bought N550 and sold for N565 on Monday morning, November 22. Black market dollar to naira exchange rate today 29th November 2021 can be accessed below. The dollar opened at N569.00 per 1 at the Lagos parallel market also known as the black market, today, Tuesday, 30th November 2021 compared to N560.00 it closed on Monday 29th November 2021 which represented a change of 9 from the previous day. Read Also: Four Key Principles For Brand Purpose Anchored In Sustainable LivingĮven though the dollar to naira opened in the parallel market at ₦565 per $1 today, Brand Spur Nigeria reports that the Central Bank of Nigeria (CBN) does not recognise the parallel market, otherwise known as the black market. Naira gains over Dollar as the exchange rate of naira to dollar for today N569/1.