Black Market Rate
Black Market Dollar to Naira Exchange Rate Today, 18th January 2024
As of January 18th, 2024, the dollar to naira exchange rate is 1 USD to 1315 NGN at the black market.
The Nigerian Naira exchange rate at the black market continues to fluctuate as market uncertainty deepens across the parallel market. As of January 18th, 2024, the dollar to naira exchange rate is 1 USD to 1315 NGN at the black market.
This means that for every one US dollar, you can exchange it for ₦1315, Investors King reports.
This digital business news platform has obtained the official dollar to naira exchange rate in Nigeria today including the Black Market rates, Bureau De Change (BDC) rate, and CBN rates.
How Much is Dollar to Naira Today in the Black Market?
This rate is subject to change depending on a variety of factors including global economic trends, political developments, and market fluctuations. However, you can buy and sell 1 USD at ₦1315 and ₦1305 as of the time of writing today.
What is the current exchange rate of the dollar to naira in the black market today?
According to Investors King, as of the time this report was filed, a dollar can be purchased at the Lagos parallel market (black market) for ₦1315 and sold for ₦1305.
Exchange Rate of Dollar To Naira in Black Market Today?
| Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
| Selling Rate | ₦1305 |
| Buying Rate | ₦1315 |
Central Bank of Nigeria (CBN) Naira Exchange Rates for Banks
| Date | Currency | Buying(NGN) | Central(NGN) | Selling(NGN) |
|---|---|---|---|---|
| 1/17/2024 | US DOLLAR | 894.522 | 895.022 | 895.522 |
| 1/17/2024 | POUNDS STERLING | 1131.7492 | 1132.3818 | 1133.0144 |
| 1/17/2024 | EURO | 972.0771 | 972.6204 | 973.1638 |
| 1/17/2024 | SWISS FRANC | 1032.5776 | 1033.1548 | 1033.732 |
| 1/17/2024 | YEN | 6.0465 | 6.0499 | 6.0533 |
| 1/17/2024 | CFA | 1.3955 | 1.4055 | 1.4155 |
| 1/17/2024 | WAUA | 1135.0065 | 1135.641 | 1136.2754 |
| 1/17/2024 | RIYAL | 238.501 | 238.6344 | 238.7677 |
| 1/17/2024 | DANISH KRONA | 130.3018 | 130.3747 | 130.4475 |
| 1/17/2024 | SDR | 1190.4299 | 1191.0953 | 1191.7607 |