Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 14th March 2024

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 14th March 2024

Curious about the current Dollar to Naira exchange rate in the black market, also known as the parallel market (Aboki fx)? Here’s what you need to know…..READ ALSO Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 13th March 2024

As of Wednesday, 13th March 2024, the exchange rate for a dollar to Naira at Lagos Parallel Market (Black Market) indicates that players buy a dollar for N1600 and sell at N1605, 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), directing individuals who wish to engage in Forex to approach their respective banks.

Here are the details:

Dollar to Naira Black Market Rate Today:

• Buying Rate: N1600
• Selling Rate: N1605

Dollar to Naira CBN Rate Today:

• Buying Rate: N1592
• Selling Rate: N1593

It’s essential to understand that the rates you buy or sell forex may vary from those captured in this article due to market fluctuations.

Also, despite efforts to stabilize cement prices in Nigeria through agreements between the federal government and cement manufacturers, the cost of a 50kg bag of cement remains between N8,500 and N10,500 in retail markets across the 36 states.