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:
| Currency | Buying Rate | Selling 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.
Managing Editor,
Lagos Post Online.
Damilare is a disciplined tech enthusiast and media entrepreneur with interest and unparalleled passion for model Web and app design technology. He is a firm believer in the meaningful role research and innovation can play in addressing economic issues across industries and sectors. He’s passionate about online Journalism. Damilare is also a Photographer.
M: +2348025837037
E: lagospostng@gmail.com
