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 2nd November, 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 N815 and sell at N820 on Wednesday 2nd November 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 (USD to NGN) | Black Market Exchange Rate Today |
| Buying Rate | 815 |
| Selling Rate | 820 |
One year after the introduction of the digital currency, eNaira by President Muhammadu Buhari through the Central Bank of Nigeria (CBN), the apex bank said the platform has already recorded 700,000 transactions valued at N8 billion.
CBN Governor, Godwin Emefiele, disclosed this on Wednesday in Abuja at the 28th edition of the apex bank’s annual In-house Executive Seminar with the theme, ‘Digitalisation of Money and Monetary Policy in Nigeria’, Naija News reports.
One of the primary aims of the digital currency, according to Emefiele, was to broaden the payment possibilities of Nigerians and foster digital financial inclusion, with the potential for fast-tracking intergovernmental and social transfers, capital flow and remittances.
He said the eNaira had been globally acclaimed as a success story. Represented by the Deputy Governor Financial System Stability, CBN, Aisha Ahmad, the bank governor, said: “Since its launch, a total of N8 billion, consisting of over 700,000 transactions, has passed through the eNaira platform.”
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