Black market dollar to naira exchange rate today

IMPORTANT NOTE: Please note that the exchange rate changes hourly.… it depends on the volume of dollars available and the Demands. What it means is that…you can buy or sell 1 dollar at N577 and the price can change (high or low) within hours.

,,,,,,The Nigeria parallel market (black market dollar exchange rate today) to the Nigerian Naira is as follows: For the Lagos market (black market).

,,,,March 10 dollar to naira black market exchange rate: $1 dollar to naira = N577

Lagos parallel market:

,,,,,The local currency opened at N577.00 per $1 at the parallel market otherwise known as the black market, today, Thursday, 10 March 2022, in Lagos Nigeria, after it closed N576.00 per $1 on Wednesday, 9 March 2022.

Even though the dollar to naira opened in the parallel market at N577 per $1 today, Newsonline reports that the Central Bank of Nigeria (CBN) does not recognise the parallel market, otherwise known as the black market. The apex bank has therefore directed anyone who requires forex to approach their bank, insisting that the I&E window is the only known exchange.

…..Reports revealed that at the black market, the players buy a dollar for N572 and sell for N577 on Thursday morning, March 10, 2022, after they bought N572 and sold for N577 on Wednesday, 9 March 2022.

Meanwhile, Newsonline the USD started this week at N576 in Parallel Market also known as Black Market on Monday, March 7, 2022 in Lagos Nigeria, after it opened at 575 last week Monday, February 28, 2022.

Disclaimer: OSUNREPORTERS NEWS does not set or determine forex rates. The official NAFEX rates are obtained from the website of the FMDQOTC. Parallel market rates (black market rates) are obtained from various sources including online media outlets. The rates you buy or sell forex may be different from what is captured in this article.