Currency Chaos: Naira’s Plunge Continues As Dollar Exchange Rate Hits Record High Today 5th November 2024

Currency Chaos: Naira’s Plunge Continues As Dollar Exchange Rate Hits Record High Today 5th November 2024

Today’s black market exchange rate for the Dollar to Naira is available. As of November 4, 2024, in the Lagos Parallel Market (commonly referred to as the black market), the exchange rate stands as follows:..……CONTINUE READING 

• Buying Rate: ₦1,720
• Selling Rate: ₦1,730

Please be aware that the Central Bank of Nigeria (CBN) does not acknowledge the parallel market and has advised individuals wishing to engage in foreign exchange to use their respective banks.

Central Bank Rates for Today

• CBN Buying Rate: ₦1,664
• CBN Selling Rate: ₦1,665

Note that actual rates for buying or selling foreign currency may differ from those stated in this article due to market fluctuations.