See the black market Dollar to Naira exchange rate for 26th October, below. You can swap your dollar for Naira at these rates.
The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N1290 and sell at N1300 on Thursday 26th October 2023, 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 (USD to NGN) | Black Market Exchange Rate Today |
| Buying Rate | N1290 |
| Selling Rate | N1300 |
| Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
| Buying Rate | 802 |
| Selling Rate | 803 |
Nigeria’s currency, the Naira, on Wednesday, regained some value in exchange for the United States (US) Dollar at the black market.
Naija News learnt that at yesterday’s trading, the black market exchange rate was N1,300 per dollar, representing a 0.76% increase (N10) compared to the N1,310 rate recorded on Tuesday on the black market.
On Wednesday, there were indications of a slight improvement in the persistent foreign exchange pressure, which had been worsened by the Naira plummeting to as low as N1,310 per dollar, as the demand for foreign currency eased slightly.
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