Looking to stay in the loop about the Dollar to Naira exchange rate in the ever-fascinating black market, also known as the parallel market or Aboki FX? Well, wonder no more! Here’s the scoop on the Dollar to Naira exchange rate for August 4th, 2023. Brace yourself, as these rates might sway your decision when swapping your hard-earned dollars for the beloved Naira.
How much is a dollar to Naira today in the black market?
Dollar to naira exchange rate today black market (Aboki dollar rate):
In the mysterious sphere of the Lagos Parallel Market, where currencies sway and fortunes are made, the exchange rate between the dollar and the Naira has stirred curiosity.
As the clock struck Friday, 4 August 2023, whispers circulated among the astute players of this clandestine market. They revealed that a dollar could be bought for ₦870, while the eager sellers could fetch ₦880 for their coveted greenbacks. The well-informed sources within the Bureau De Change (BDC) whispered these tidings with confidence.
It’s worth noting that the esteemed Central Bank of Nigeria (CBN), in its authoritative stance, chooses not to officially recognize the parallel market, often referred to as the black market. Instead, the CBN advises individuals seeking foreign exchange adventures to approach their trusted banks, where a world of guidance and legitimate transactions awaits their eager participation.
Please be aware that the forex rates mentioned in this article may not precisely align with the rates you encounter when buying or selling currencies, as prices tend to fluctuate.
Dollar to Naira Black Market Rate Today
Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
| Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
| Buying Rate | N870 |
| Selling Rate | N880 |
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