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What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx). See the black market Dollar to Naira exchange rate for 5th April, 2022 below. You can swap your dollar to Naira at these rates.
How much is dollar to naira today in black market?
The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N580 and sell at N595 on Tuesday, April 5th 2022, 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 580
Selling Rate 595
Please note that the rates you buy or sell forex may be different from what is captured in this article because prices varies.
Meanwhile, according to the data obtained from the FMDQ, where Naira is traded officially, the exchange rate between the naira and the US dollar opened at ₦415.92/$1 on Tuesday 5th, after it closed at ₦416.63 to a $1 on Monday, 4th April 2022.
Moneycentral reports that the dollar to naira exchange rate has maintained an average of N416.69 to a dollar since the beginning of the new year.