Business

U.S Dollar To Naira Exchange Rate Today October 10 2022

Black market dollar to naira exchange rate today October 10 2022 can be accessed below.

Please note that the exchange rate changes hourly. it depends on the volume of dollars available and the Demands.

What it means is that…you can buy or sell 1 dollar at ₦745 and the price can change (high or low) within hours.

 

Black market dollar to naira exchange rate

How much is the exchange rate of Dollar to Naira in Black Market today?

The Nigeria parallel market (black market dollar exchange rate today) to the Nigerian Naira is as follows: For the Lagos market (black market).

LAGOS PARALLEL MARKET RATES October 10, 2022 (BLACK MARKET): dollar to naira exchange rate today black market

October 10 dollar to naira black market exchange rate: $1 dollar to naira = ₦745

Lagos parallel market (black market dollar exchange rate today)

 

The local currency opened at N745.00 per $1 at the parallel market otherwise known as the black market today Monday, October 10 2022, in Lagos Nigeria, after it closed at N740.00 per $1 on Sunday 9,  October 2022.

Even though the dollar to naira opened in the parallel market at ₦745 per $1 todayTRUETELLS  reports that the Central Bank of Nigeria (CBN) does not recognise the parallel market, otherwise known as the black market. 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.

 

TRUETELLS Nigeria reports that on the black market, the players buy a dollar for N740 and sell for N745 on Monday morning, October 10, 2022, after they bought N735 and sold for N740 on Sunday, October 9 2022.

 

Meanwhile, TRUETELLS Nigeria reports that the USD started this week at ₦735 in Parallel Market also known as Black Market on Monday, 10 October 2022, in Lagos Nigeria, after it opened at ₦710 last week Monday,  October 3rd 2022.

Disclaimer: TRUETELLS NIGERIA does not set or determine forex rates. The official NAFEX rates are obtained from the website of the FMDQOTC. Parallel market rates (black market rates) are obtained from various sources including online media outlets. The rates you buy or sell forex may be different from what is captured in this article.

TruetellsNigeria

Recent Posts

Data Engineering: A Lifeline for Businesses Amid Economic Uncertainty- Uchenna Ogbonna

      In an era defined by rapid technological advancements and unpredictable economic shifts,…

31 minutes ago

WITH GLO TVCS, IT’S FELIZ NAVIDAD, NIGERIANS

Celebratory seasons, such as Christmas and New Year, are times when corporate organisations churn out…

13 hours ago

IBC DG, Onyegbule encourages the act of giving, calls for peaceful Christmas celebration

    The Director General of the Imo Broadcasting Corporation (IBC) Ms. Ify Onyegbule has…

15 hours ago

TICT Trains 250 Staff on Lean Six Sigma Yellow Belt

    To sustain operational excellence and boost the human capital development of its workforce,…

19 hours ago

Ekomaru lauds IBC management at it’s Festival of Nine Lessons and Carols

  The Management and Staff of Imo Broadcasting Corporation, IBC, Owerri, have been commended for…

20 hours ago

Hybrid News Editor Hyacinth Nwafor Wins Second Prize At 2024 Nestlé Nigeria Media Awards

      Hyacinth Nwafor, the esteemed editor of Hybrid News, has been recognized for…

20 hours ago