Connect with us


News

Dollar To Naira Black Market Rate Today Tuesday, June 7, 2022

Published

2 years ago

on

What is the dollar to naira exchange rate at the Nigerian black market

also known as the parallel market or Aboki fx? Find below the black market dollar to naira exchange rate for today Tuesday, June 7, 2022. You can change your dollar to naira at these exchange rates.

IMPORTANT NOTE: Please note that the exchange rate changes hourly.… it depends on the volume of dollars available and the Demands. What it means is that…you can buy or sell 1 dollar at ₦605 and the price can change (high or low) within hours.

Newsone has obtained the official dollar to naira exchange rate in Nigeria today including the Black Market rates, Bureau De Change (BDC) rate, and CBN rates.

Advertisement

How Much Is Dollar To Naira Exchange Rate Today Official Rate?

June 7 dollar to naira official market exchange rate: $1 dollar to naira =₦415.2744

The exchange rate between the Naira and the US dollar according to the official market forex data showed that the naira opened at ₦415.2744 per dollar on Monday, 6 June 2022, after it closed at ₦415.0631 per $1 on Monday, June 6, 2022.

Monday 6 June 20221 USD = 415.0631 NGN
Sunday 5 June 20221 USD = 415.5546 NGN
Saturday 4 June 20221 USD = 415.8305 NGN
Friday 3 June 20221 USD = 415.1123 NGN
Thursday 2 June 20221 USD = 415.1249 NGN
Wednesday 1 June 20221 USD = 415.0159 NGN
Tuesday 31 May 20221 USD = 415.161 NGN

How much is dollar to naira today in black market? Dollar to naira exchange rate today black market.(Aboki dollar rate Today in Nigeria):

Advertisement
READ ALSO:   Emir of Shinkafi gets ultimatum to withdraw Femi Fani-Kayode's traditional title

June 7 dollar to naira black market exchange rate: $1 dollar to naira =₦605

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 7 June 2022 (BLACK MARKET): dollar to naira exchange rate today black market

Advertisement
Dollar to Naira (USD to NGN)Black Market Exchange Rate Today
Buying Rate600
Selling Rate605

The local currency opened at N605.00 per $1 at the parallel market otherwise known as the black market, today, Tuesday, 6 June 2022, in Lagos Nigeria, after it closed at N605.00 per $1 on Monday, June 6, 2022.

Dollar To Naira Black Market Rate Today Tuesday, June 7, 2022

Even though the dollar to naira opened in the parallel market at ₦609 per $1 today, Newsone 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.

Advertisement
READ ALSO:   BREAKING: [Anambra North] PDP Screening Panel Disqualifies Tony Nwoye

Newsone Nigeria reports that on the black market, the players buy a dollar for N600 and sell for N605 on Tuesday, 7 June 2022, after they bought N600 and sold for N605 on Monday, June 6, 2022.

Meanwhile, Newsone Nigeria reports that the USD started this week at ₦605 in Parallel Market also known as Black Market on Monday, 6 June 2022, in Lagos Nigeria, after it opened at ₦605 last week Monday,  30 May 2022.

Advertisement

Disclaimer: CITYNEWS NIGERIA 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.

Download CityNews Mobile App

Related Topics:
Advertisement







Also Read...