Black Market Dollar To Naira Exchange Rate Today, 12th November 2022

See today’s Dollar to Naira Exchange rate at the black market and aboki fx. The rate is between ₦700 and ₦750. See today’s Dollar to Naira exchange rate. You convert your dollar to Naira at these rates, or you convert your dollar to Naira at the most recent black market or parallel market rate.

Nigerians prefer to exchange foreign currency, particularly dollar to Naira, on the black market since the conversion rate is much higher than what the bank offers.

On this page, you can discover all the facts and the current rate for dollar to Naira, both the CBN and the black market rate.

Black Market table rate

1	710
5	3550
10	7100
15	10650
20	14200
25	17750
30	21300
40	28400
50	35500
100	71000
150	106500
200	142000
250	177500
300	213000
350	248500
500	355000
750	532500
1000	710000
1500	1065000
2000	1420000
5000	3550000
10000	7100000

How Much is Dollar to Naira and the official Exchange Rate today, 12th November 2022?

Please keep in mind that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market) and has recommended individuals interested in Forex contact their respective banks before proceeding.

The parallel exchange rate (black market rate) always differs from the CBN rate. The exchange rate between the US dollar and the Nigerian Naira significantly impacts the Nigerian economy.

As the Naira falls in value, inflation takes over the economy, which usually impacts the inhabitants. The Central Bank has stated that the Nigerian economy needs a significant turnaround and has asked Nigerians to work toward this goal, such as increasing exports.