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 24th August 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 N900 and sell at N915 on Thursday, 24th August 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 | N900 |
Selling Rate | N915 |
Nigeria’s currency, the Naira, has again fallen to N900 against the US Dollar at the parallel market, Naija News learnt.
A Bureau De Change Operator, Ahmed Gazali, reportedly confirmed the latest rate to Daily Post on Thursday morning as an update from the exchange rate for the previous day, Wednesday, August 23, 2023.
The Naira was said to have traded at N773.42 in the official market against the Dollar. A figure representing a marginal depreciation of 0.35 per cent compared with N770.72, the Naira traded against the Dollar on Tuesday.
The development is coming barely 48 hours after the resumption of the Minister of Finance and Coordinating Minister of the Economy, Olawale Edun.
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