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What is the naira black market exchange rate?

Today, the Naira Black Market exchange rate for 1 US Dollar is 1658 Naira. This means that you can get 1658 Naira for every 1 Dollar that you exchange. The Black Market Exchange rate is typically higher than the official exchange rate because it is not regulated by the government. What Factors Affect the Dollar to Naira Black Market Exchange Rate?

What is the black market exchange rate in Nigeria?

Infact black market exchange rate became much pronounced more than ever in the history of Nigeria. Note that the official exchange rate was 22 naira, the black market exchange rate was around 88 naira to 1 $. After the military boys left government and handed over to a Democratically elected government, Joseph Sanusi was appointed CBN governor,

How much is dollar to naira in Nigeria?

The exchange rate for the dollar to naira on the black market today, December 13, 2024 in Lagos, Nigeria is around ₦1610 to $1. How Much is Dollar to Naira in Black Market Today? As of Today, Dollar is bought around ₦1610 and sold around ₦1615 in the black market. The table below shows the buying and selling rate of Dollars in the black market.

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