The exchange rate between the Dollar and the Naira at the black market, also known as the parallel market (Aboki fx), continues to fluctuate.
Okay.ng reports that today Friday, 13th September 2024, the exchange rate for a dollar to naira at the Lagos Parallel Market (Black Market) is as follows:
- Buying Rate: ₦1,660 per dollar
- Selling Rate: ₦1,665 per dollar
These rates, provided by sources within the Bureau De Change (BDC) sector, represent the ongoing volatility in Nigeria’s foreign exchange market.
It is important to note that the Central Bank of Nigeria (CBN) does not recognize transactions conducted through the parallel market. The CBN has urged individuals seeking foreign exchange to engage with their respective banks for official rates.
While the rates stated reflect market conditions as of today, the prices at which forex is bought or sold may vary depending on your location and the specific Bureau De Change operator you engage with.
