Black Market Dollar To Naira Exchange Rate Today, 1st April 2024

Black Market Dollar To Naira Exchange Rate Today, 1st April 2024

Wondering about the current black market exchange rate for the dollar to the naira? Here’s the latest update:

As of Sunday, 31st March 2024, the exchange rate for the dollar to the naira at Lagos Parallel Market (Black Market) stands at N1250 for buying and N1280 for selling, according to sources at Bureau De Change (BDC)……READ ALSO Black Market Dollar To Naira Exchange Rate Today: 30th March 2024

It’s important to note that the Central Bank of Nigeria (CBN) does not officially recognize the parallel market (black market) for foreign exchange transactions. Individuals are directed to approach their respective banks for forex transactions.

Here’s a summary of the current exchange rates:

• Black Market Exchange Rate:
  • Buying Rate: N1250
  • Selling Rate: N1280
• CBN Official Rate:
  • Buying Rate: N1303
  • Selling Rate: N1304

Please keep in mind that actual rates may vary depending on where you buy or sell forex, as prices fluctuate.

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