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 19th October 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 N1145 and sell at N1155 on Thursday, 19th October 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 | N1145 |
| Selling Rate | N1155 |
Dollar to Naira CBN Rate Today
| Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
| Buying Rate | 882 |
| Selling Rate | 883 |
Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.
Worry As Nigeria’s Inflation Rate Rises To 26.7% Amid Rising Food Prices
The National Bureau of Statistics (NBS) has said the Consumer Price Index (CPI) rose to 26.72 per cent in September 2023 from 25.80 per cent in August.
The Bureau made this known in its CPI report for September, released on Monday via its official X account.
Naija News understands that CPI measures the rate of change in prices of goods and services in a country.
The NBS said the upsurge in inflation is mainly linked to the removal of petrol subsidies and the devaluation of the official exchange rate, both exerting substantial impacts on consumer prices.
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