Dollar-Naira Exchange Rate: Black Market Traders Sell at N1665

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The dollar-naira exchange rate at the black market, also known as the parallel market or Aboki fx, has been a subject of concern for many Nigerians.

As of September 11th, 2024, the exchange rate at the Lagos Parallel Market (Black Market) is N1655 for buying and N1665 for selling, according to sources at Bureau De Change (BDC).

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The dollar-naira exchange rate at the black market, also known as the parallel market or Aboki fx, has been a subject of concern for many Nigerians.

As of September 11th, 2024, the exchange rate at the Lagos Parallel Market (Black Market) is N1655 for buying and N1665 for selling, according to sources at Bureau De Change (BDC).

Please note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market), as it has directed individuals who want to engage in Forex to approach their respective banks.

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The CBN rate is N1626 for buying and N1627 for selling. However, the rates you buy or sell forex may be different from what is captured in this article because prices vary.

 

 

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