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Dollar To Naira: Black Market Trades At N738/$1 On 8th May 2023

Nigerian Naira appreciated against the US Dollar to trade at an average of N738/$1 at the opening of the black market on Monday, 8th May 2023.

This represents an improvement of 0.94%, in contrast to the N745/$1 that was recorded last week Friday, Nairametrics reports.

Dollar To Naira Black Market Today 8th May 2023

The exchange rate started the year at N736/$1 and recorded its highest rate at N775/$1 on 20th February 2023 and lowest at N730/$1 on 5th January 2023.

Breakdown of the black-market rates is given below:
Naira/Dollar (NGN/USD)
Dollar To Naira Black Market Today 8th May 2023
Buy rate N734/$1
Sell rateN738/$1
Naira/Pound (NGN/GBP)
Buy rate N912/£1
Sell rateBuy rate 
Naira/Euro (NGN/EUR)
Buy rateN792/€1
Sell rate N808/€1


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