Current Exchange Rate: As of October 21, 2024, the black market exchange rate for the dollar to naira in Lagos is N1720 for buying and N1730 for selling.
- Source of Information: Newsrain Nigeria has obtained the latest rates from Bureau De Change (BDC) and other market players.
- Market Fluctuations: The exchange rate is subject to hourly changes based on the supply and demand for dollars in the market, meaning the rate can increase or decrease quickly.
- CBN Stance: The Central Bank of Nigeria (CBN) does not recognize the black market rates and advises individuals to use their banks for Forex transactions.
This gives a clear overview of the current dollar to naira exchange rates and the context around them!
Dollar to Naira Black Market Rate Today- Dollar to Naira (USD to NGN) Black Market Exchange Rate Today:
- Buying Rate: N1720
2. Selling Rate: N1730
- Dollar to Naira CBN Rate Today:
- Buying Rate: N1651
- Selling Rate: N1652
Please note that the rates you buy or sell forex may differ from what is captured in this article because prices vary.
