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2nd February 2024: Black Market Dollar To Naira Exchange Rate

samuel Ayoola by samuel Ayoola
February 2, 2024
in business
Reading Time: 1 min read
24th, January: Dollar to Naira exchange rate at the black market
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What is the current Dollar to Naira exchange rate at the black market, also known as the parallel market (Aboki fx)?

See the black market exchange rate for 1st February below. You can exchange your dollars for Naira at the following rates.

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How much is a dollar to Naira today in the black market? The Dollar to Naira exchange rate today in the black market (Aboki dollar rate) is as follows: In the Lagos Parallel Market (Black Market), individuals can buy a dollar for N1450 and sell it for N1500 on Thursday, 1st February 2024, according to sources at Bureau De Change (BDC).

It’s important to note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market), and it directs individuals seeking foreign exchange to approach their respective banks.

Dollar to Naira Black Market Rate Today:
– Dollar to Naira (USD to NGN) – Black Market Exchange Rate Today
– Buying Rate: N1450
– Selling Rate: N1500

Dollar to Naira CBN Rate Today:
– Dollar to Naira (USD to NGN) – CBN Rate Today
– Buying Rate: N1356
– Selling Rate: N1357

Please be aware that the rates for buying or selling forex may differ from those captured in this article as prices vary.

 BDC Operators Still Shut Down Market:
The Association of Bureau De Change (BDC) Operators has reportedly decided that members will not open the market for transactions on 1st February 2024. goldennewsng understands that the operators have unanimously agreed not to sell US Dollars to customers due to the continued slide in the value of the Naira against the dollar.

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