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Dollar to naira, on Tuesday, October 25, 2022 has been updated and it is disclosed below.
Please note that the data at the FMDQ security Exchange where it’s traded officially is not disclosed.
We were able to gather that the foreign exchange (forex) trading closed at N436.61 per $1 on Wednesday, October 19.
How much is the dollar to naira at the black market today?
Sources at our reach shows that Dollar to Naira exchange rate in Nigeria black market is between ₦746 and ₦780with an average of ₦757.73 today on 24/10/2022, according to 11 sell ratesshared by the users as comments.
For the last 7 days, between 18/10/2022and 24/10/2022, Dollar to Naira black market rate took values between ₦730and ₦780 with an average of ₦746.11. When we compare today’s (24/10/2022) values with the last 7 days, average Dollar to Naira rate had a 11.62 points increasefrom ₦746.11 to ₦757.73 which corresponds to a 1.56% rise.
However, it’s advisable to know that the Central Bank of Nigeria (CBN) does not recognise the parallel market (black market), as it has directed individuals who want to engage in forex to approach their respective banks.
