Black market dollar to naira exchange rate for today
![Black market dollar to naira exchange rate for today US Dollar to Nigerian Naira Exchange Rates Banks, Forex Bureaus and Black Market](https://ghanaeducation.org/wp-content/uploads/2023/04/US-Dollar-to-Nigerian-Naira-Exchange-Rates-Banks-Forex-Bureaus-and-Black-Market.jpg)
What is the Black market dollar to the naira exchange rate for today?
As of July 23, 2023, the black market dollar to naira exchange rate is 792 naira per dollar. This is a significant increase from the official exchange rate of 742 naira per dollar. The widening gap between the black market rate and the official rate is due to a number of factors, including the shortage of dollars in Nigeria and the uncertainty about the future of the naira.
naira exchange rate for the past few days (Black Market)
Please note that the black market exchange rate is not always reliable, and it can fluctuate significantly from day to day. It is important to do your own research before exchanging currency.
Apart from the above black market dollar to naira rates, as of July 23, 2023, 1 USD was equal to 792.004252 NGN. This is according to the Central Bank of Nigeria (CBN).
Currency | Buying Rate | Selling Rate |
---|---|---|
USD | 769.889 | 772.925 |
EUR | 855.8086 | 861.8887 |
GBP | 989.2304 | 993.9043 |
CHF | 889.2227 | 893.2451 |
YEN | 5.4328 | 5.5083 |