Black Market Dollar To Naira Exchange Rate Today 12 February 2024 | Abokifx Today

What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)?

Please find below the black market exchange rate for the dollar to Naira on February 12. These are the rates at which you can exchange your dollar for Naira.

How much is a dollar to Naira today in the black market?

Dollar to Naira exchange rate today black market (Aboki dollar rate):

The Lagos Parallel Market, also known as the Black Market, saw players buying dollars for N1495 and selling them for N1500 on Sunday, February 11, 2024, according to Bureau De Change (BDC) sources.

Dollar to Naira Black Market Rate Today February 12, 2024.

 

While the Central Bank of Nigeria (CBN) sets the official foreign exchange rate, transactions happening outside authorized channels, like the parallel market, operate independently. It’s recommended to use authorized channels like banks for foreign exchange transactions.

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Please be advised that the rates at which you buy or sell forex may differ from those displayed in this article due to price fluctuations.

 

Keep up with the latest news and updates with Ejes Gist News, your reliable source for news in Nigeria right now on the Dollar to Naira Black Market.