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 26th March, 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 N742 and sell at N748 on Sunday 26th March 2023, 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 | N742 |
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.
The National Bureau of Statistics (NBS) has said that the average price of 5kg of cooking gas increased from N3,708.58 in February 2022 to N4,600.57 in February 2023.
This information was contained in the Bureau’s “Cooking Gas Price Watch’’ for February 2023 released on Friday in Abuja.
According to the report, the February price indicated a 24.05 pet cent increase comparted to the price in February 2022.
It added that on a month-on-month basis, the price rose by 0.26 per cent from N4,588.75 recorded in January 2023 to N4,600.57 in February 2023.
On state price analysis, the report showed that Kwara recorded the highest average price of N4,962.86 for refilling of a 5kg cooking gas, followed by Adamawa at N4,914.00, and Niger at N4,907.50.