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Exchange Rate for USD to NGN on the Black Market as of January 5th, 2024

 

Exchange Rate for USD to NGN on the Black Market as of January 5th, 2024

What is the current exchange rate for the Dollar to Naira in the black market, also known as the parallel market?

Check the January 5th, 2024, black market dollar to naira exchange rate below. Swap your Dollar for Naira at these rates in any nearby Bureau of De Change (BDC) shop in Nigeria.

As of Friday, January 5th, 2024, insiders at the Bureau of De Change (BDC) report that operators in the Lagos Parallel Market (Black Market) will buy a dollar for ₦1,200 and sell it for ₦1,250.

Buying Rate: ₦1,200

Selling Rate: ₦1,250

Please note that these rates can fluctuate during the day due to various factors, and the actual rates may vary among different vendors.

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The current exchange rate for the Dollar to Naira in the black market, or parallel market, is reported as ₦1,200 for buying and ₦1,250 for selling, as of January 5th, 2024. This information comes from insiders at the Bureau of De Change (BDC) specifically for the Lagos Parallel Market.

If you’re looking to exchange currency, you can do so at these rates in any nearby Bureau of De Change (BDC) shop in Nigeria. However, keep in mind that exchange rates in the black market can fluctuate throughout the day due to various factors. It’s essential to be aware that the actual rates for buying or selling foreign currency may differ among different vendors. Always check with the specific BDC shop for the most up-to-date rates before making any transactions.

Kasim Ibrahim

I Am Kasim Ibrahim, A Blogger And Content Writer With Expert In SEO Also Advertiser. Additionally, I Hold The Position Of CEO At Arewaplay.com.

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