Blog Post

Cloudnewsmag > News > Business > 9th February 2024: Black Market Dollar To Naira Exchange Rate Today

9th February 2024: Black Market Dollar To Naira Exchange Rate Today

The black market exchange rate for the Dollar to Naira, also known as the parallel market rate (Aboki fx), is as follows:

On Thursday, 8th February 2024, players in the Lagos Parallel Market buy a dollar for N1495 and sell it for N1500, according to sources at Bureau De Change (BDC). It’s important to note that while the Central Bank of Nigeria (CBN) doesn’t recognize the parallel market, individuals who wish to engage in Forex are directed to approach their respective banks. Today’s rates for the Dollar to Naira are as follows:

Black Market Exchange Rate:
– Buying Rate: N1495
– Selling Rate: N1500

CBN Rate:
– Buying Rate: N1444
– Selling Rate: N1445

Please be aware that the rates for buying or selling forex may differ from those mentioned in this article due to varying prices.

Leave a comment

Your email address will not be published. Required fields are marked *