Categories: News

Black Market Dollar To Naira Exchange Rate Today 21 September 2022

Black market dollar to naira exchange rate today 21 September 2022 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 ₦710 and the price can change (high or low) within hours.

Naira Falls Massively Again At Black Market, See New 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).

LAGOS PARALLEL MARKET RATES September 21, 2022 (BLACK MARKET): dollar to naira exchange rate today black market

Advertisement

September 21 dollar to naira black market exchange rate: $1 dollar to naira = ₦710

Lagos parallel market (black market dollar exchange rate today)

 

Advertisement

The local currency opened at N710.00 per $1 at the parallel market otherwise known as the black market today Wednesday, 21 September 2022, in Lagos Nigeria, after it closed at N707.00 per $1 on Tuesday, 20 September 2022.

Even though the dollar to naira opened in the parallel market at ₦710 per $1 todayNewsonline 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

 

Newsonline Nigeria reports that on the black market, the players buy a dollar for N706 and sell for N710 on Wednesday morning, September 21, 2022, after they bought N706 and sold for N710 on Tuesday, 20 September 2022.

Advertisement

 

Meanwhile, Newsonline Nigeria reports that the USD started this week at ₦708 in Parallel Market also known as Black Market on Monday, 19 September 2022, in Lagos Nigeria, after it opened at ₦700 last week Monday, 12th September 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

NIGERIAN BREWERIES PARTNERS OZA CARNIVAL

PRESS STATEMENT Nigerian Breweries PLC - The pioneer and largest brewing company in Nigeria which is…

12 hours ago

CAF Made Me Believe I Won – Achraf Hakimi

Paris Saint-Germain star Achraf Hakimi has spoken out following his defeat by Ademola Lookman for…

24 hours ago

Oleksandr Usyk defeats Tyson Fury to tetain heavyweight title

Ukrainian boxer Oleksandr Usyk reinforced his position as one of the greatest heavyweight champions in…

24 hours ago

Nigerian Emergency Agency NEMA Puts All Offices On Alert Over Fatal Stampedes

The National Emergency Management Agency (NEMA) has said it has put all its zonal, territorial…

24 hours ago

We Will Bury PDP, Ibori’s Daughter Blows Hot

Erhiatake Ibori-Suenu, member representing Ethiope Federal Constituency of Delta State in the House of Representatives…

24 hours ago

Emefiele: EFCC secures final forfeiture of 1.925 hectares of landed property linked to former CBN Governor

The Economic and Financial Crimes Commission (EFCC) has reportedly secured a final forfeiture order for…

24 hours ago