That the official exchange rate might witness a less dramatic rise would offer little relief, as many imported goods sold in the Nigerian market are pegged to what is obtainable on the blackmarket.
For a broader perspective, let's compare the blackmarket rates with the CBN rates today: - BlackMarket Rates: - Buying Rate: N1525 - Selling Rate: N1532 - CBN Rates: - Buying Rate: 1533 - Selling Rate: 1534 The dichotomy between the black
The Nigeria parallel market (blackmarket dollar exchange rate today) to the Nigerian Naira is as follows: For the Lagos market (blackmarket) and Abuja (FCT BlackMarket Rates).
What is the Dollar to Naira Exchange rate at the blackmarket, also known as the parallel market (Aboki fx)? See the blackmarket Dollar to Naira exchange rate for 14th February below.
Blackmarket dollar to naira exchange rate today The local currency (abokiFx) opened at ₦1,600.00 per $1 at the parallel market otherwise known as the blackmarket, today, Saturday, 2 March 2024, in Lagos Nigeria, after it closed at ₦1,585.00
What is the Dollar to Naira exchange rate at the parallel market, known as the blackmarket (Abokifx) today? As of October 23rd, 2023, the dollar to naira exchange rate is 1 USD to 1200 NGN at the blackmarket.
Blackmarket dollar to naira exchange rate today The local currency (abokiFx) opened at ₦1,615.00 per $1 at the parallel market otherwise known as the blackmarket, today, Tuesday, 12 March 2024, in Lagos Nigeria, after it closed at ₦1,618.00