Categories: News

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

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

 

Advertisement

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.

Advertisement

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).

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

Advertisement

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 Rate 696
Selling Rate 699

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.

Advertisement
Black market dollar to naira exchange rate today

Even though the dollar to naira opened in the parallel market at ₦699 per $1 todayNewsone 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.

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.

Advertisement
Sola Adeyemo

Recent Posts

Digital Transformation: Maida, Kekere-Ekun Speak At NCC’s Annual Workshop for Judges in Lagos

Welcome Address Delivered at the 2024 Edition of the Judges Workshop at Sheraton Hotel Ikeja,…

1 hour ago

Breaking: House Of Reps Finance Committee Visits FIRS

The House of Representatives Finance Committee has paid a working visit to the headquarters of…

3 hours ago

BREAKING: Tinubu govt drops treason charges against EndBadGovernance protesters

  The Federal High Court in Abuja has dismissed the treason charges brought against the…

7 hours ago

#USRoadToWhiteHouse2024: Trump-Harris polls remain tied in battleground states…

What to know about the end of the #USElection2024 campaign The most recent polling analysis…

7 hours ago

#USElection2024 Live Updates: Trump Vs Harris…Latest Results…Latest Polls

#US election 2024 Live Updates:  What you need to know about USelection2024 latest polls •…

7 hours ago

Prince Harry and Meghan Markle pursue separate projects

A royal commentator suggests that Prince Harry and Meghan Markle are taking separate paths in…

9 hours ago