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Tuesday 6 August 2024

Today’s Black Market Dollar To Naira Exchange Rate: 6th August 2024






As of 5th August 2024, the exchange rate for the US dollar at the Lagos Black Market (also known as the parallel market or Aboki FX) is as follows:


– **Buying Rate**: ₦1,600

– **Selling Rate**: ₦1,605


This rate reflects the price at which Bureau De Change (BDC) operators are buying and selling dollars.


It’s important to note that the Central Bank of Nigeria (CBN) does not recognize the black market rates and advises individuals to use official bank channels for foreign exchange transactions.


**CBN Exchange Rates for Today:**


– **Buying Rate**: ₦1,618

– **Selling Rate**: ₦1,619


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


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