Today’s Black Market Dollar To Naira Exchange Rate: August 3, 2024

Today’s Black Market Dollar To Naira Exchange Rate: August 3, 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 2nd August, 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 N1600 and sell at N1610 on Friday 2nd August 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 (NBS) said Nigerians spent ₦1,241 to afford one healthy square meal in a day, in June.

NBS, in its monthly Cost of a Healthy Diet (CoHD) report for June, said ₦1,241 showed an increase from May. In May, Nigerians spent ₦1,041 to afford one healthy square meal in a day. The June report showed a 19.2 percent increase.

The Cost of a Healthy Diet (CoHD) is the least expensive combination of locally available items that meet globally consistent food-based dietary guidelines. It is used as a measure of physical and economic access to healthy diets.

The report is a lower bound (or floor) of the cost per adult per day excluding the cost of transportation and meal preparation.

The report further showed that Nigerians in South West spent ₦1,545 for a healthy meal, while North East residents spent ₦956 for one healthy meal.