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 17th 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 N860 and sell at N870 on Thursday, 17th August 2023, 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 (USD to NGN) | Black Market Exchange Rate Today |
| Buying Rate | N860 |
| Selling Rate | N870 |
Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.
Nigeria’s Inflation Rises To 24.08% In July
The National Bureau of Statistics (NBS) has said Nigeria’s headline inflation jumped to 24.08 per cent in July 2023, making it the highest recorded leap in a while.
Naija News reports that in June, inflation was recorded at 22.79 per cent, but has now jumped by 1.29 percentage points.
In a statement on Tuesday, the bureau said the headline inflation rate was 4.44 percent points higher compared to the rate recorded in July 2022, which was 19.64 per cent.
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