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Black Market: Dollar To Naira Exchange Rate Today 15th November 2024

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Black Market: Dollar To Naira Exchange Rate Today 15th November 2024

What is the Dollar to Naira exchange rate in the black market today?

The exchange rates for Dollar to Naira at the Lagos Parallel Market (also known as the Black Market) on 14th November 2024 show that players are buying dollars for N1740 and selling for N1745, according to Bureau De Change (BDC) sources.

It is important to note that the Central Bank of Nigeria (CBN) does not recognize the parallel market, advising individuals who wish to exchange foreign currency to approach commercial banks instead.

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Today’s Exchange Rates:

  • Black Market (Parallel Market) Rates:
    • Buying: N1740
    • Selling: N1745
  • CBN Official Rate:
    • Buying: N1657
    • Selling: N1658
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