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See Dollar To Naira Black Market Exchange Rate For Today January 18 2025

Tgmedia by Tgmedia
January 18, 2025
in Banking, News
0
Dollar To Naira

See Dollar To Naira Black Market Exchange Rate For Today January 18 2025

The black market dollar to naira exchange rate for today, 18th January 2025, can be accessed below. Stay updated with the latest figures and trends in the currency exchange market.

 

This report is based on information gathered from black market FX operators. Specifically, the traders noted that they buy FX from customers at an average of N1670/$1 and sell for N1680/$1.

 

However, they added that the rate could sometimes vary depending on the transaction, cash, or transfer form. that is to say, you will likely get a higher rate if you have physical cash to exchange.

How much is the dollar exchange rate 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).

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LAGOS PARALLEL MARKET RATES TODAY: dollar to naira exchange rate today black market.

Dollar to Naira exchange rate: Dollar to Naira Black Market Rate Today 18th January 2025

Dollar to Naira (USD to NGN)Black Market Exchange Rate Today
Buying RateN1670
Selling RateN1680

The local currency opened at N1680 per $1 at the parallel market otherwise known as the black market today, in Lagos Nigeria.

Even though the dollar to naira opened in the parallel market at N1680 per $1 today, IDOMA VOICE reports that 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.

The Genius Media Nigeria reports that in the black market, the players buy a dollar for N1660 and sell for N1665 on

Saturday, 18th January 2025.

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Tags: #Dollar To #Naira#Dollar To #Naira Exchange RateDOLLAR TO NAIRA BLACK MARKETDOLLAR TO NAIRA BLACK MARKET TODAYHOW MUCH IS DOLLAR TO NAIRAHOW MUCH IS DOLLAR TO NAIRA TODAYNaira To DollarNAIRA TO DOLLAR AT OFFICIAL MARKET
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