By using this site, you agree to the Privacy Policy and Terms & Conditions.
Accept
Okay.ngOkay.ngOkay.ng
Font ResizerAa
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Reading: Latest Price of Dollar to Naira Black Market Today in Nigeria – March 21st, 2024
Share
Font ResizerAa
Okay.ngOkay.ng
  • News
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Search
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Follow US
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
© OKN MEDIA PUBLISHING 2022 - All rights reserved
Featured

Latest Price of Dollar to Naira Black Market Today in Nigeria – March 21st, 2024

Okay.ng
By Okay.ng
Published: March 21, 2024
Share
2 Min Read
SHARE

The foreign exchange market in Nigeria is dynamic, with black market rates fluctuating frequently.

Contents
What is the Current Black Market Exchange Rate for Dollar to Naira?What Factors are Influencing the Current Exchange Rates?How does the Black Market Rate Compare to the Official CBN Rate?Where Can I Get the Most Reliable Exchange Rates?

Understanding the latest exchange rates between the Dollar and the Naira is crucial for individuals and businesses alike.

As of March 21st, 2024, let’s delve into the current landscape of black market exchange rates and address common queries.

What is the Current Black Market Exchange Rate for Dollar to Naira?

As of today, March 21st, 2024, the black market rates for exchanging Dollars to Naira are as follows:

- Advertisement -

  • Buying Rate: ₦1,500.00
  • Selling Rate: ₦1,540.00

What Factors are Influencing the Current Exchange Rates?

Several factors contribute to the fluctuations in exchange rates, including:

  • Supply and Demand: Recent increases in the availability of dollars have led to a slight appreciation of the Naira.
  • Government Policies: Imposed restrictions on cryptocurrency exchanges may impact the Naira’s value.
  • Market Speculation: Traders’ expectations and speculations play a role in driving exchange rate fluctuations.

How does the Black Market Rate Compare to the Official CBN Rate?

The Central Bank of Nigeria (CBN) offers different rates from the black market. As of today, the CBN rates are:

  • Selling Rate: ₦1,589.581
  • Buying Rate: ₦1,589.581

It’s noteworthy that the black market rate is often higher than the official CBN rate.

Where Can I Get the Most Reliable Exchange Rates?

For the most reliable and up-to-date exchange rates, consider checking with local Bureau De Change operators or reputable financial news websites, like Okay.ng. Keep in mind that rates may vary slightly depending on the location and dealer.

- Advertisement -

Stay Updated on the Go with Our Latest News—Join Our WhatsApp Channel Now!
TAGGED:Dollar to Naira
Share This Article
Facebook Whatsapp Whatsapp Telegram Email Copy Link Print
ByOkay.ng
Follow:
Okay.ng launched under OKN MEDIA PUBLISHING (RC Number: 2993580) in the year 2012 is an independent digital news platform with thousands of page views and unique visitors every month
Previous Article Tinubu Vows National Honours for Slain Soldiers in Delta State
Next Article FirstBank of Nigeria Invest in Women: FirstBank Leads the Charge for Gender Equality

Connect with Okay on Social

FacebookLike
XFollow
InstagramFollow
TelegramFollow

Dollar/Naira Rates

Dollar to Naira Exchange Rate

Okay.ng Logo
Buy Rate ₦1,605.00
Sell Rate ₦1,620.00

Last updated: 4 days ago (June 3, 2025 2:33 pm)

Displayed rates are for informational purposes only and are subject to change.

USD/NGN Converter

- Advertisement -
- Advertisement -
Ad imageAd image
- Advertisement -
Ad imageAd image

Recent Posts

Super Eagles Rally to Draw Against Russia in International Friendly
Sport
Manchester United Raises Annual Core Profit Forecast to Between £180m and £190m After Europa League Boost
Sport
Ange Postecoglou
Tottenham Hotspur Part Ways with Ange Postecoglou Despite Europa League Glory
Sport
Dangote Names Main Refinery Access Road “Bola Ahmed Tinubu Road” in Honor of President
News
L-R: Ify Okoye, Digital Creator; Linda Ejiofor-Suleiman, Actress; Stella Erebor, Head Internal Audit, Nigerian Communications Commission; Emanuella Samuel, Comedienne/Actress, Sylvia Musalagani, Safety Policy Manager, Africa, Middle East & Turkey (AMET), Meta, and Nicole Chikwe, founder of The Mummy Summit, during the launch of Instagram teen accounts in Lagos on Wednesday, June 4, 2025
Meta Launches Teen Accounts on Instagram in Nigeria to Enhance Online Safety for Young Users
Tech
- Advertisement -
Ad imageAd image

You May Also Like

News

President Tinubu and Top Officials Attend Eid-el-Kabir Prayers in Lagos, Emphasize Peace and Progress

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
June 6, 2025
International

Elon Musk’s Net Worth Plummets $34 Billion Amid Explosive Feud with Donald Trump

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
June 6, 2025
PoliticsTop stories

BREAKING: Akwa Ibom Governor Pastor Umo Eno Defects from PDP to APC in Strategic Political Shift

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
June 6, 2025
Okay.ngOkay.ng
Follow US
© OKN MEDIA PUBLISHING 2025 - All rights reserved
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?