Black Market Dollar To Naira Exchange Rate Today 22nd February 2023 can be accessed below.
Curious to know What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? See the black market Dollar to Naira exchange rate for 22nd February, below. You can swap your dollar for Naira at these rates.
How much is a dollar to naira today in the black market?
Dollar to naira exchange rate today black market (Aboki dollar rate):
The exchange rate for a dollar to naira at Benin and Abuja Parallel Market (Black Market) players buy a dollar for N770/775 and sell at N775/780 on Wednesday 22nd February 2023, according to sources at Bureau De Change (BDC).
Please note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market), as it has directed individuals who want to engage in Forex 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 | N775 |
| Selling Rate | N778 |
Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.
Fascinating Facts About the United States Dollar You Didn’t Know
You know that the United States dollar is our currency. But did you know…
-The dollar is three different denominations: the penny, nickel, and dime. The dollar is made up of 100 cents.
-The dollar was first introduced in 1792. It replaced the Spanish dollar, which was used in the colonies.
-The dollar is the most traded currency in the world.
-The dollar is also the most counterfeited currency in the world.
A Brief History of the US Dollar
Did you know that the United States dollar has quite a fascinating history? It was created in 1792 when the United States government passed the Coinage Act. This act designated the US dollar as the country’s official currency.
Since then, the dollar has gone through a few changes. For example, in 1854, the US replaced Spanish with American coins. And in 1933, President Franklin D. Roosevelt took the US off the gold standard, which meant that the dollar could no longer be exchanged for gold.
Today, the US dollar is one of the most commonly used currencies in the world. Over 60% of all international transactions are done in US dollars. So next time you spend your vacation dollars in a foreign country, you can feel confident that you’re using a currency that’s been around for a while!