When you go to a bank counter to buy US dollars, the bank teller will buy your naira (NGN) and give you US dollars (USD) at a rate that is weaker than the mid-market exchange rate. .
Even though the dollar to naira opened in the parallel market at N764 per $1 today, IDOMA VOICE reports that the Central Bank of Nigeria (CBN) does not recognise the parallel market, otherwise.
The USD/NGN price soared to a.
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Four days before the inauguration of a new administration, naira seems to have lost its long-standing N750/$ resistance as it dipped to N760/$ yesterday.
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Ones you have a functional domiciliary account, you can buy dollar from the black market for use.
POUND (GBP) SELL.
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8 kobo/$1 on Tuesday in the Bureau De Change window of the black market.
Demand for dollars continues to exceed supply, leading many businesses and individuals to rely on the black market.
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When you go to a bank counter to buy US dollars, the bank teller will buy your naira (NGN) and give you US dollars (USD) at a rate that is weaker than the mid-market exchange rate.
Data provided by Naira Rates, a foreign exchange rate aggregator, showed there.
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May 23, 2023 · Dollar to Naira exchange rate in Nigeria black market is between ₦750 and ₦755 with an average of ₦752.
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Similarly, the naira fell against the US dollar at the cryptocurrency P2P exchange market to trade at an average of N745.
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