Current Black Market Dollar To Naira Exchange Rate: July 31, 2024

Current Black Market Dollar To Naira Exchange Rate: July 31, 2024

What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)?

See the black market Dollar to Naira exchange rate for 30th July, below. You can swap your dollar for Naira at these rates.

How much is a dollar to naira today in the black market?

Dollar to naira exchange rate today black market (Aboki dollar rate):

The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N1595 and sell at N1600 on Tuesday 30th July 2024, 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), as it has directed individuals who want to engage in Forex to approach their respective banks.

Dollar to Naira Black Market Rate Today

Dollar to Naira CBN Rate Today

Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.

National Bureau of Statistics said Nigerians paid average of ₦1,555 per liter for kerosene in June as against what it sold for June 2023.

In its National Household Kerosene Price Watch (June 2024) Report, on Tuesday, NBS said the current price of kerosene rose from ₦1,450 in May, an increase of 7.22 percent.

According to the report, a liter of kerosene sold for ₦1,236 per liter in June 2023. With the current price, the price rose by 25.73 percent.

“The average retail price per liter of Household Kerosene (HHK) paid by consumers in June 2024 was ₦1,555.11, showing an increase of 7.22% compared to ₦1,450.35 recorded in May 2024. On a year-on-year basis, the average retail price per liter of the product rose by 25.73% from ₦1,236.91 in June 2023,” it read.

Further analysis showed that the price of cooking product for some Nigerian families varies from state to state. While Kaduna, Benue and Zamfara states recorded highest price increase; Kebbi, Taraba and Sokoto states recorded lowest price increase.