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Wednesday, 25 September 2024

September 25, 2024: Black Market Dollar To Naira Exchange Rate Insights






As of September 24, 2024, the black market exchange rate for the dollar to naira is as follows: buyers in the Lagos parallel market are acquiring dollars at N1664, while sellers are offering them at N1675. This information is sourced from participants at Bureau De Change (BDC) outlets.

 

It’s important to note that the Central Bank of Nigeria (CBN) does not recognize the parallel market. The CBN advises individuals interested in forex transactions to engage with their respective banks instead.


Current Dollar to Naira Black Market Rates

Buying Rate:** N1664

Selling Rate:** N1675


CBN Exchange Rate for Dollar to Naira

Buying Rate:** N1596

Selling Rate:** N1597


Please be aware that actual rates for buying or selling forex may differ from those listed in this article, as market prices can vary.





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