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Today’s Black Market Exchange Rates: Dollar To Naira On January 5th, 2024

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Check out the Black Market exchange rates for Dollar to Naira on January 4th below. You have the option to exchange your dollars for Naira at these specified rates…CONTINUE READING

 

 

nigerian naira 1 1

At the Lagos Parallel Market (Black Market), traders acquired a dollar for N1245 and sold it at N1250 on Thursday, January 4th, 2024, as per information from Bureau De Change (BDC) sources.

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It’s essential to note that the Central Bank of Nigeria (CBN) does not acknowledge the Parallel Market (Black Market). The CBN has instructed individuals seeking to engage in Forex transactions to approach their respective banks.

Black Market Dollar to Naira Exchange Rates Today USD to NGN Black Market Exchange Rates Today Buying Rate: N1245 Selling Rate: N1250

CBN Dollar to Naira Exchange Rates Today USD to NGN CBN Exchange Rates Today Buying Rate: 913 Selling Rate: 914

The official Nigerian currency, Naira, witnessed a significant decline, reaching N1035.12 against the US dollar at the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Wednesday.

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This drop signifies a 4.72 percent reduction from the N988.46/$ rate recorded on Tuesday, the first trading day of 2024.

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