FOREX CRISIS: Naira Nears N1000/1$, Raises Concerns Amid CBN Probe

8th October 2022: See How Much Dollar Exchange To Naira At The Black Market

by Victor Ndubuisi
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What is the exchange rate for dollars and nairas in the parallel market, commonly known as the black market? (Aboki fx).

How much does one dollar currently exchange for in the black market?

On Friday, October 7, 2022, players at the Lagos Parallel Market (Black Market) would buy a dollar for N730 and sell it for N740, according to sources at the Bureau de Change (BDC).

See How Much Dollar To Naira Exchange Rate Is Today 18 October 2021

Please be aware that the Central Bank of Nigeria (CBN) has instructed anyone who want to trade in foreign exchange to go to their local banks and does not recognize the parallel market (black market).

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Dollar to Naira Black Market Rate Today

Buying Rate at 730 while Selling Rate at 740

 

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