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Dollar to Naira:  Black Market Exchange Rate Today – 23rd April 2024

The exchange rate for a US Dollar to the Nigerian Naira, (Dollar to Naira) at the  Parallel Market better known as the (Black Market), players buy a dollar for N1,240 and sell at N1,260 on Tuesday 23rd, 2024.

Dollar To Naira Black Market Today

The black market is a segment of the foreign exchange market where currency trading occurs outside the official channels. The rates here can differ substantially from the official rates provided by the Central Bank of Nigeria (CBN).

How much is a dollar to naira today in the black market?

Here is the black market exchange rate for the US dollar to Naira:

CurrencyBuying RateSelling Rate
USD to Naira
1 US Dollar ($1) to Naira₦1,240.00₦1,260.00
5 US Dollars ($5) to Naira₦6,200.00₦6,300.00
10 US Dollars ($10) to Naira₦12,400.00₦12,600.00
20 US Dollars ($20) to Naira₦24,800.00₦25,200.00
50 US Dollars ($50) to Naira₦62,000.00₦63,000.00
100 US Dollars ($100) to Naira₦124,000.00₦126,000.00

This means that if you want to buy 1 US dollar in the black market today, you will need to pay 1,240.00 naira, and if you want to sell 1 US dollar, you will receive 1,260.00 naira.

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