Black Market Dollar To Naira Exchange Rate Today 1 June 2022 can be accessed below.
How much is the exchange rate of Dollar to Naira in Black Market today?
The Nigeria parallel market (black market dollar exchange rate today) to the Nigerian Naira is as follows: For the Lagos market (black market).
LAGOS PARALLEL MARKET RATES June 1, 2022 (BLACK MARKET): dollar to naira exchange rate today black market
June 1 dollar to naira black market exchange rate: $1 dollar to naira = ₦609
Lagos parallel market (black market dollar exchange rate today)
The local currency opened at N609.00 per $1 at the parallel market otherwise known as the black market, today, Wednesday, 1 June 2022, in Lagos Nigeria, after it closed at N605.00 per $1 on Tuesday, 31 May 2022.
Even though the dollar to naira opened in the parallel market at ₦609 per $1 today, Onyxnewsng reports that the Central Bank of Nigeria (CBN) does not recognise the parallel market, otherwise known as the black market. The apex bank has therefore directed anyone who requires forex to approach their bank, insisting that the I&E window is the only known exchange.
Onyxnewsng reports that on the black market, the players buy a dollar for N605 and sell for N609 on Wednesday morning, June 1, 2022.
Meanwhile, Onyxnewsng Nigeria reports that the USD started this week at ₦605 in Parallel Market also known as Black Market on Monday, May 23, 2022, in Lagos Nigeria, after it opened at N590 last week Monday, May 16, 2022.
IMPORTANT NOTE: Please note that the exchange rate changes hourly.… it depends on the volume of dollars available and the Demands.