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Dollar to Naira Exchange Rates

Black Market Dollar To Naira Exchange Rate Today 16 April 2022

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Naira Loses Against The Dollar, Falls To N1,120/$ At Black Market

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 15th April, 2022 below. You can swap your dollar to Naira at these rates.

How much is dollar to naira today in 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 N580 and sell at N600 on Friday, April 15th 2022, 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 580
Selling Rate 600

Please note that the rates you buy or sell forex may be different from what is captured in this article because prices varies.

Food, Gas Prices Increase As Nigeria’s Inflation Rate Hits 15.92% In March 2022

The National Bureau of Statistics (NBS) has said the country’s inflation rate rose to 15.92 percent in March 2022.

In its Consumer Price Index (CPI) report for February 2022, released on Friday, the NBS said the figure represents the highest rate recorded since October 2021.

The bureau added that the figure is 0.22 percent points higher than the 15.7 per cent recorded in February 2022 and 2.25 per cent points lower compared to 18.17 per cent recorded in March 2021.

George Oshogwe Ogbolu is a Digital Media Strategist | Content Writer | Journalist | New Media Influencer | Proofreader and Editor at Naija News.