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Black Market Dollar To Naira Exchange Rate Today 27 August 2022 (Aboki Dollar Rate)

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Black market dollar to naira exchange rate today 27 August 2022, Aboki dollar rate can be accessed below.

 

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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 ₦699 and the price can change (high or low) within hours.

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How much is the exchange rate of Dollar to Naira in Black Market today?

The Nigeria parallel market (black market dollar exchange rate today) to the Nigerian Naira is as follows: For the Lagos market (black market).

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LAGOS PARALLEL MARKET RATES August 27, 2022 (BLACK MARKET): dollar to naira exchange rate today black market

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August 27 dollar to naira black market exchange rate: $1 dollar to naira = ₦699

 

Dollar to Naira (USD to NGN)Black market dollar to naira
Buying Rate696
Selling Rate699

Lagos parallel market (black market dollar exchange rate today: Aboki dollar rate)

The local currency opened at N699.00 per $1 at the parallel market otherwise known as the black market today Saturday, 27 August 2022, in Lagos Nigeria, after it closed at N695.00 per $1 on Friday, 26 August 2022.

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Black market dollar to naira exchange rate today
Black market dollar to naira exchange rate today

Even though the dollar to naira opened in the parallel market at ₦699 per $1 today, Newsone reports that the Central Bank of Nigeria (CBN) does not recognise 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.

Newsone Nigeria reports that on the black market, the players buy a dollar for N696 and sell for N699 on Saturday morning, August 27, 2022, after they bought N690 and sold for N695 on Friday, 26 August 2022.

Meanwhile, Newsone Nigeria reports that the USD started this week at ₦687 in Parallel Market also known as Black Market on Monday, 22 August 2022, in Lagos Nigeria, after it opened at ₦685 last week Monday,  15 August 2022.

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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.

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