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 18th July, 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 N1620 and sell at N1640 on Friday 18th July 2024, 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 | N1620 |
| Selling Rate | N1640 |
Dollar to Naira CBN Rate Today
| Dollar to Naira (USD to NGN) | CBN Rate Today |
| Buying Rate | N1583 |
| Selling Rate | N1584 |
Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.
Crypto Exchange, OKX Shuts Down Operations In Nigeria
Cryptocurrency exchange, OKX has announced it will cease operations in Nigeria due to recent changes in local laws and regulations.
In a statement sent to its users on Wednesday, OKX explained that the decision follows its ongoing evaluation of market policies.
The statement announced that OKX services in Nigeria will be discontinued due to recent changes in local laws and regulations, and starting August 16, 2024, customers will be unable to open new positions or access most services except for withdrawals and the closing or redemption of open positions.
OKX urged users to review their accounts and follow retrieval instructions, stating that from August 16, only asset withdrawals will be possible as deposits and other transactions will be disabled.
OKX also advised users to withdraw or transfer funds before August 30, 2024, as any account-related actions after this date will require contacting customer service and may be subject to further restrictions in line with their Terms of Service and local laws.
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