Black Market Dollar To Naira Exchange Rate Today 10th November 2023

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 9th November, 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 N1140 and sell at N1150 on Thursday 9th November 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 CBN Rate Today

Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.

Naira Loses Value Against US Dollar Days After Raising Hopes

Reports revealed that Nigerian Naira has again lost more value against the US Dollar in the foreign exchange market.

According to data from the official FMDQ market, the Naira exchanged a rate of N874.71 per US Dollar on Wednesday, November 8, marking a decline of N65.51 compared to the previous day’s rate of N809.2 per US Dollar.

In the parallel market, the Naira was said to have traded at N1,110 per US Dollar on Wednesday, slightly higher than the rate of N1,100 observed the day before.

An operator at a Bureau de Change in Zone 4 Abuja, who spoke to journalists on the development, Dayyau Mistila, revealed that Nigerians purchased Dollars at a rate of N1,100 on Wednesday.

“We sold dollars at N1110 on Wednesday and bought it at 1100 per Dollar,” Daily Post quoted Mistila as saying.

The post Black Market Dollar To Naira Exchange Rate Today 10th November 2023 appeared first on Naija News.