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Friday, 16 August 2024

16th August 2024: Current Black Market Dollar To Naira Exchange Rate






**Current Rates:**

– **Buying Rate:** ₦1,596 per USD

– **Selling Rate:** ₦1,600 per USD


On Thursday, August 15, 2024, the black market (parallel market) exchange rate in Lagos saw the USD being bought at ₦1,596 and sold at ₦1,600, according to Bureau De Change (BDC) sources……. 


Please be aware that the Central Bank of Nigeria (CBN) does not officially recognize these rates, recommending individuals to conduct foreign exchange transactions through their banks.


**CBN Official Rates:**

– **Buying Rate:** ₦1,579 per USD

– **Selling Rate:** ₦1,580 per USD


Exchange rates may vary, and actual rates may differ from those reported here due to fluctuations in the market.


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