Black Market Dollar To Naira Exchange Rate Today 17th December 2022

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 December, 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 N730 and sell at N748 on Friday 16th December 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	N730
Selling Rate	N748

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

Nigeria’s Inflation Hits 21.47% As Food Prices Soars

The National Bureau of Statistics has said the Consumer Price Index (CPI) which measures the rate of change in prices of goods and commodities increased to 21.47 per cent year on year in November.

Naija News reports that this is compared to 15.40 per cent in the corresponding month of 2021.

In a statement on Thursday, the NBS explained that the 6.07 per cent increase in the headline index implies that the general price level was higher in the review month relative to November 2021.

According to the CPI report for November, month-on-month, however, the Headline inflation rate in was 1.39 per cent, which was 0.15 per cent higher than the 1.24 per cent recorded in October.