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Dollar To Naira: Black Market Exchange Rate Today September 9th, 2022

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Nigeria’s national currency, Naira opened at N704.00 per $1 at the parallel market also known as the Black Market on Friday, 9 September 2022, after it closed at N695.00 per $1 on Thursday, 8 September 2022.

How much is the exchange rate of Dollar to Naira in the 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).

September 9 dollar to naira black market exchange rate: $1 dollar to naira = ₦704

Dollar to Naira Black Market Rate Today, 9th September 2022

Dollar to Naira (USD to NGN)Black Market Exchange Rate Today
Selling Rate₦704
Buying Rate₦698

Lagos parallel market (black market dollar exchange rate today)

Even though the dollar to naira opened in the parallel market at ₦704 per $1, however, 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.

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