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Dollar to Naira, Pounds, Euro to Naira Black Market Exchange Rate | Aboki Fx Today – February 3, 2023

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Black Market Exchange Rate today

This article you are about to read contains dollar to naira, Pounds to Naira and other foreign currency exchange rate in Lagos Nigeria today. It also includes the Naira Back Market rates, Bureau De Change (BDC) rate, and Central Bank of Nigeria (CBN) rates.

CBN NEWS: The Central Bank of Nigeria (CBN) has on the 15th of December 2022 commenced distribution of redesigned Naira notes to all Deposit Money Banks across Nigeria.

Before you proceed please note that the Central Bank of Nigeria (CBN) doesn’t have approve the parallel market popularly known as black market as it tells individuals who want to engage in Forex or currency exchange to head to their respective banks.

The Central Bank of Nigeria (CBN) has commenced distribution of the redesigned Naira notes to Deposit Money Banks across the country.

The parallel exchange rates (black market rates) are always differs from the CBN rate.

It might interest you to know that Black market rate is frequently higher than CBN rate when you want to sell but cheaper when you buy something from a foreign website with your Naira Master Card or Debit card from a Nigerian bank.

Lastly, note that the rates you buy or sell forex may be different from what is captured in this article because prices vary by Black Market operators and location as there is no law mandating a fix rate. It always varies with 1 naira to 50 naira difference.

Another factor affecting the price of exchange rates in parallel market (Black Market) is time. Exchange rate changes hourly depending on the volume of dollars available and the Demands. For instance, you can buy or sell 1 dollar at ₦800 and the price can change (high or low) within hours.

How much is a dollar to naira today in the black market?

Dollar to Naira Black Market Rate Today is ₦740

The table below are dollar (USD) to naira current black market rate today by Bureau De Change (BDC) operators in Lagos for selling and buying United States dollars (USD) at the parallel (unofficial) market.

Dollars to Naira (USD to NGN) Exchange Rate Today
Buying Rate₦740
Selling Rate₦745

How much is Pounds to naira today in the black market?

Pounds to Naira Black Market Rate Today is ₦915

The table below are Pounds (GBP) to naira current black market rate today by Bureau De Change (BDC) operators in Lagos for selling and buying Great Britain Pound Sterling at the parallel (unofficial) market.

Pounds to Naira (GBP to NGN)Exchange Rate Today
Buying Rate₦915
Selling Rate₦925

How much is Euro to naira today in the black market?

Euro to Naira Black Market Rate Today is ₦750

The table below are Euro (EUR) to naira current black market rate today by Bureau De Change (BDC) operators in Lagos for selling and buying Euro at the parallel (unofficial) market.

Euro to Naira (EUR to NGN)Exchange Rate Today
Buying Rate₦750
Selling Rate₦770

How much is Canadian Dollar to naira today in the black market?

Canadian Dollar to Naira Black Market Rate Today is ₦540

The table below are Canadian Dollars (CAD) to naira current black market rate today by Bureau De Change (BDC) operators in Lagos for selling and buying Canadian Dollars at the parallel (unofficial) market.

Canadian Dollars to Naira (CAD to NGN)Exchange Rate Today
Buying Rate₦540
Selling Rate₦560

How much is Rand to naira today in the black market?

Rand to Naira Black Market Rate Today is ₦31

The table below are Rand (ZAR) to naira current black market rate today by Bureau De Change (BDC) operators in Lagos for selling and buying Rand at the parallel (unofficial) market.

Rand to Naira (ZAR to NGN)Exchange Rate Today
Buying Rate₦31
Selling Rate₦38

Disclaimer: Parallel market rates (black market rates) are obtained from various sources including online media outlets. As we stated earlier in the introduction to this article, the rates you buy or sell forex may be different from what is captured in this article. This article does not set or determine forex rates.


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