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Thursday 8 August 2024

Exchange Rate For Black Market Dollar To Naira Today, August 8, 2024






As of August 7, 2024, the black market exchange rate for USD to NGN in Lagos shows that dollars are being bought at ₦1610 and sold at ₦1620, according to sources from Bureau De Change (BDC).

 


It’s important to note that the Central Bank of Nigeria (CBN) does not officially recognize the parallel market. The CBN advises individuals to conduct forex transactions through their banks.


**Current Black Market Rates:**
– **Buying Rate:** ₦1610
– **Selling Rate:** ₦1620


**CBN Official Rates:**
– **Buying Rate:** ₦1592
– **Selling Rate:** ₦1593


Please be aware that actual rates may vary from those listed here due to fluctuations in the market.


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