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Dollar to naira exchange rate today black market

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….Black market dollar to naira exchange rate
Black market dollar to naira exchange rate
How much is the exchange rate of Dollar to Naira in Black Market today?

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

June 21 dollar to naira black market exchange rate: $1 dollar to naira = ₦609

Lagos parallel market (black market dollar exchange rate today)

,,,,The local currency opened at N609.00 per $1 at the parallel market otherwise known as the black market today Tuesday, 21 June 2022, in Lagos Nigeria, after it closed at N605.00 per $1 on Monday, 20 June 2022.

Even though the dollar to naira opened in the parallel market at ₦609 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.

…..On the black market, the players buy a dollar for N605 and sell for N609 on Tuesday morning, June 21, 2022, after they bought N605 and sold for N609 on Monday, 20 June 2022.

…..Meanwhile, Newsonline Nigeria reports that the USD started this week at ₦609 in Parallel Market also known as Black Market on Monday, 20 June 2022, in Lagos Nigeria, after it opened at ₦605 last week Monday, 13 June 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.

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