Dollar Hits New High Leaving Naira Behind In November 7, 2024 Update

Dollar Hits New High Leaving Naira Behind In November 7, 2024 Update

The current exchange rate for the Dollar to Naira in the black market (parallel market) on November 6, 2024, is as follows:.……CONTINUE READING 

• Buying Rate: N1725
• Selling Rate: N1730

Sources at Bureau De Change (BDC) in Lagos confirm these rates. However, it’s important to note that the Central Bank of Nigeria (CBN) does not officially recognize the parallel market and advises those looking to exchange foreign currencies to use authorized banks.

Meanwhile, the official exchange rate from the CBN is:

• Buying Rate: N1668
• Selling Rate: N1669