Reports from Bureau De Change Operators indicate that the Dollar To Naira Black Market Today 4th August 2022 currently stands as N660/$1.
Do you wonder what is the black market exchange rate in Nigeria?
According to Quick Loan Arena, a black market is where foreign currencies are exchanged illegally for naira, through brokers, or “abokis,” as they are called in Nigeria. The parallel market premium is the difference between the parallel market rate and the official market rate paid by a black-market customer.
The exchange rate between the Dollar To Naira Black Market Today 4th August 2022 has gained momentum to the N660/$1 threshold at the parallel market, despite trading last week at N710/$1. This is according to information from Bureau De Change operators in Lagos State.
Dollar To Naira Black Market Today 4th August 2022: Naira Appreciates To N660/$1 At Parallel Market
According to investigations by QUICK LOAN ARENA, the dollar to Naira Black Market today 4th August 2022, has appreciated at the Parallel Market with the rate standing at N660/$1.
Dollar To Naira Black Market Today 4th August 2022: Naira Appreciates To N660/$1
Tabular Form For Dollar to Naira today 4th August 2022 at the Black Market
Dollar To Naira Black Market today, August 4, 2022, appreciated to N660/$1 though last trading session ended the day at N720/$1. This is according to information obtained from Bureau De Change operators.
The naira yesterday continued its recovery on the parallel market, otherwise called the black market, appreciating to N660 per dollar a few days after security operatives raided a Bureaux De Change (BDC) hub in Abuja.
The nation’s currency had depreciated to about N720 to a dollar on the parallel market last week.
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