What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? See the black market Dollar to Naira exchange rate for 16th April, below. You can swap your dollar for Naira at these rates.
How much is a dollar to naira today in the black market?
Dollar to naira exchange rate today black market (Aboki dollar rate):
The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N740 and sell at N745 on Sunday 16th April 2023, according to sources at Bureau De Change (BDC).
Please note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market), as it has directed individuals who want to engage in Forex to approach their respective banks.
Dollar to Naira Black Market Rate Today
| Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
| Buying Rate | N740 |
| Selling Rate | N745 |
Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.
The National Bureau of Statistics (NBS) has said the country’s inflation rate rose to 22.04% in March 2023 compared to February 2023 headline inflation rate which was 21.91%.
OsunDaily News reports that the NBS made this known in its Consumer Price Index (CPI) report released on Saturday. The CPI measures the rate of change in the prices of goods and services.
According to the Bureau, the March 2023 inflation rate showed an increase of 0.13% points when compared to February 2023 headline inflation rate.
