Dollar to Naira: Black Market Exchange Rate Today – May 7th, 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 N1,415 and sell at N1,435 on May 7th, 2024.
Dollar To Naira Black Market Today
Aboki Dollar to Naira Black Market Rate Today
| Dollar (USD) to Naira (NGN) | Black Market /Aboki Exchange Rate Today |
| Buying Rate | ₦1,415.00 |
| Selling Rate | ₦1,435.00 |
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 are the black market prices for various denominations.
| Currency | Buying Rate | Selling Rate |
| USD | Naira | Naira |
| 1 US Dollar ($1) to Naira | ₦1,415.00 | ₦1,435.00 |
| 5 US Dollars ($5) to Naira | ₦7,075.00 | ₦7,175.00 |
| 10 US Dollars ($10) to Naira | ₦14,150.00 | ₦14,350.00 |
| 20 US Dollars ($20) to Naira | ₦28,300.00 | ₦28,700.00 |
| 50 US Dollars ($50) to Naira | ₦70,750.00 | ₦71,750.00 |
| 100 US Dollars ($100) to Naira | ₦141,500.00 | ₦143,500.00 |
This means that if you want to buy 1 US dollar in the black market today, you will need to pay 1,415.00 naira, and if you want to sell 1 US dollar, you will receive 1,435.00 naira.
Pound to Naira rate
| Currency | Buying Rate | Selling Rate |
| POUND | ||
| 1 Pound to Naira |  1,750.00 | ₦1,800.00 |
Euro to Naira rate
| Currency | Buying Rate | Selling Rate |
| Euro | ||
| 1 Euro to Naira | 1,450.00 | ₦1,500.00 |
Canadian Dollar to Naira rate
| Currency | Buying Rate | Selling Rate |
| CAD | ||
| 1 CAD to Naira | 900.00 | ₦1,000.00 |
Publisher,
Lagos Post Online,
Lagos Post is an online publication that seeks to provide fair, unbiased, credible, balanced and useful information about Corporate Organisations, Governments and the General Public by breaking news in Business, Politics, Arts, Entertainment, Culture, and Sports in Nigeria, Africa and the World. As a global news portal, we continually stand for responsible journalism and sound media practice.
Mobile: +238025837037
Email: lagospostng@gmail.com
