Dollar To Naira Black Market Today 18th November 2022
How much is the exchange rate of Dollar to Naira in the Black Market today? Black market dollar to naira exchange rate today.
The Nigeria parallel market (black market dollar exchange rate today) to the Nigerian Naira is as follows: For the Lagos market (black market).
LAGOS PARALLEL MARKET RATES TODAY: dollar to naira exchange rate today black market.
November 18 dollar to naira black market exchange rate: $1 dollar to naira = ₦790
The local currency opened at N790.00 per $1 at the parallel market otherwise known as the black market today Friday, 18 November 2022, in Lagos Nigeria, after it closed at N805.00 per $1 on Wednesday, 16 November 2022.
Even though the dollar to naira opened in the parallel market at ₦790 per $1 today, Infoexpert24 reports that the Central Bank of Nigeria (CBN) does not recognize the parallel market, otherwise known as the black market. The apex bank has therefore directed anyone who requires forex to approach their bank, insisting that the I&E window is the only known exchange.
Infoexpert24 reports that in the black market, the players buy a dollar for N780 and sell for N790 on Friday morning, November 18, 2022, after they bought N800 and sold for N805 on Thursday, 17 November 2022.
The USD started this week at ₦725 in Parallel Market also known as Black Market on Monday, November 14, 2022, in Lagos Nigeria, after it opened at ₦890 last week Monday, November 7, 2022.
IMPORTANT NOTE: Please note that the exchange rate changes hourly.… it depends on the volume of dollars available and the Demands. It means that…you can buy or sell 1 dollar at ₦790 and the price can change (high or low) within hours.
Disclaimer: Infoexpert24 does not set or determine forex rates. The official NAFEX rates are obtained from the website of the FMDQOTC. Parallel market rates (black market rates) are obtained from various sources including online media outlets. The rates you buy or sell forex may be different from what is captured in this article.
Lagos and its surrounding areas are poised to experience a new level of luxury and…
Manchester United slumped to a disappointing 3 -1 loss against Brighton, adding to Ruben Amorim’s…
Mike Ozekhome, SAN has dismissed ongoing allegations of corruption against former Petroleum Resources Minister Diezani…
Annie Idibia has opened up in a recent viral video about losing her twins to…
Ian Wright has cautioned Arsenal’s board that Mikel Arteta’s team risks losing momentum this season…
William Gallas believes Arsenal are on the verge of ending their Premier League title drought…
Leave a Comment