Dollar To Naira Black Market Rate Today, November 26, 2024The Dollar to Naira exchange rate in the black market, also known as the parallel market (Aboki fx), for November 25, 2024, has been reported as follows:
•Buying Rate: N1752
•Selling Rate: N1755
These rates reflect the values at which players in the Lagos parallel market are buying and selling the US dollar. According to sources from Bureau De Change (BDC), the exchange rates fluctuate based on market dynamics.
It is important to note that the Central Bank of Nigeria (CBN) does not recognize the parallel market. The CBN directs individuals seeking to engage in foreign exchange transactions to approach licensed banks for official rates.
Official CBN Exchange Rate for Dollar to Naira Today:
•Buying Rate: N1664
•Selling Rate: N1665
Please keep in mind that the rates available in the black market may differ from those mentioned in this article as exchange rates are subject to change depending on various market factors.
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