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Exchange Rate: Aboki Black Market Dollar To Naira Today, 5th July 2022

The local currency opened at N612.00 per $1 at the parallel market otherwise known as the black market, today, Tuesday, 5 July 2022

Enudi Golden by Enudi Golden
January 11, 2024
in business, News
Reading Time: 2 mins read
Black Market Dollar To Naira Exchange Rate Today 16th July 2022
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Exchange Rate: Aboki Black Market Dollar To Naira Today, 5th July 2022 can be accessed below

IMPORTANT NOTE: Please note that the exchange rate changes hourly.… it depends on the volume of dollars available and the Demands. What it means is that…you can buy or sell 1 dollar at ₦610 and the price can change (high or low) within hours.

How much is dollar to naira today in black market?

GoldenNewsNg reports that 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 July 5, 2022 (BLACK MARKET): dollar to naira exchange rate today black market (Aboki dollar rate)

July 5th dollar to naira black market exchange rate: $1 dollar to naira = ₦612

Lagos parallel market (black market dollar exchange rate today: $1 dollar to naira today black market)- Aboki rate

The local currency opened at N612.00 per $1 at the parallel market otherwise known as the black market, today, Tuesday , 5 July 2022, in Lagos Nigeria, after it closed at N610.00 per $1 on MONDAY morning, July 4, 2022.

Even though the dollar to naira opened in the parallel market at ₦610 per $1 today, GoldenNewsNg reports that the Central Bank of Nigeria (CBN) does not recognize 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.

Exchange Rate: Aboki Black Market Dollar To Naira Today, July 5th, 2022

GoldenNewsNg  reports that on the black market, the players buy a dollar for N606 and sell for N612 today  July 5, 2022, after they bought N610 on monday morning, July 4, 2022.

Meanwhile, GoldenNewsNg reports that the USD started this week at ₦605 in Parallel Market also known as

Disclaimer: GoldenNewsNg does not set or determine forex rates. The official NAFEX rates are obtained from the website of the FMDQOTC. Parallel market rates (black market rates) are obtained from various sources including online media outlets. The rates you buy or sell forex may be different from what is captured in this article.

 

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