Dollar To Naira Exchange Shakes Up Market: What You Need To Know Today 9th November 2024

Dollar To Naira Exchange Shakes Up Market: What You Need To Know Today 9th November 2024

As of Friday, 8th November 2024, the exchange rate for the dollar to naira in the Lagos parallel market (also known as the black market) is as follows:……CONTINUE READING

• Buying Rate: ₦1730
• Selling Rate: ₦1740

These rates were reported by sources within the Bureau De Change (BDC) community.

It’s important to note that the Central Bank of Nigeria (CBN) does not officially recognize the parallel market. The CBN has advised individuals wishing to engage in forex transactions to do so through official channels like their respective banks.

Dollar to Naira Exchange Rates from the Central Bank of Nigeria (CBN)

• Buying Rate: ₦1664
• Selling Rate: ₦1665

Please be aware that exchange rates can fluctuate, and the rates at which you can buy or sell foreign currency may vary from those stated above.