Economic Turmoil: Black Market Dollar Exchange Rate Climbs High Today 2nd November 2024

Economic Turmoil: Black Market Dollar Exchange Rate Climbs High Today 2nd November 2024

Curious about the current Dollar to Naira exchange rate in the black market, also known as the parallel market (Aboki FX)? Below are the rates for November 1.…….COTINUE READING 

Black Market Dollar to Naira Exchange Rate Today
At the Lagos parallel market, the buying rate for a dollar is ₦1730, while the selling rate is ₦1735, as reported by Bureau De Change (BDC) sources.

It is important to note that the Central Bank of Nigeria (CBN) does not recognize the parallel market. The CBN has advised individuals interested in Forex transactions to approach their respective banks.

Current Dollar to Naira Black Market Rate:

• Buying Rate: ₦1730
• Selling Rate: ₦1735

Current Dollar to Naira CBN Rate:

• Buying Rate: ₦1669
• Selling Rate: ₦1670