Connect with us


News

Black Market Dollar To Naira Exchange Rate Today 13 September 2022

Published

on

sharethis sharing button

Black market dollar to naira exchange rate today 13 September 2022 can be accessed below

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 ₦706 and the price can change (high or low) within hours.

Naira Falls Massively Again At Black Market, See New Exchange Rate

 

Advertisement

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

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).

Advertisement

 

Advertisement
READ ALSO:   2023: PDP’s Tambuwal speaks on contesting for president

LAGOS PARALLEL MARKET RATES September 13, 2022 (BLACK MARKET): dollar to naira exchange rate today black market

Advertisement

 

Advertisement

September 13 dollar to naira black market exchange rate: $1 dollar to naira = ₦706

 

Advertisement

Lagos parallel market (black market dollar exchange rate today)

 

The local currency opened at N706.00 per $1 at the parallel market otherwise known as the black market today Tuesday, 13 September 2022, in Lagos Nigeria, after it closed at N705.00 per $1 on Monday, 12 September 2022.

Advertisement

 

Advertisement

Even though the dollar to naira opened in the parallel market at ₦706 per $1 today

Newsonline 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.
ADVERTISEMENT
Advertisement

Advertisement

 

Advertisement

 

Newsonline Nigeria reports that on the black market, the players buy a dollar for N703 and sell for N706 on Tuesday morning, September 13, 2022, after they bought N703 and sold for N706 on Monday, 12 September 2022.

Advertisement

 

Advertisement

Advertisement
READ ALSO:   EDO DECIDES:Oshiomhole’s ex-aide donate N5m for Obaseki’s campaign

 

Advertisement

Meanwhile, Newsonline Nigeria reports that the USD started this week at ₦708 in Parallel Market also known as Black Market on Monday, 17 September 2022, in Lagos Nigeria, after it opened at ₦700 last week Monday, 5th September 2022.

 

Advertisement

DisclaimerCITYNEWS 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
Advertisement







Also Read...