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Latest US Dollar To Naira Black Market Rates Today, 20 August 2022

August 22, 2022
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Latest US Dollar To Naira Black Market Rates Today, 1 September 2022

Latest US Dollar To Naira Black Market Rates Today, 1 September 2022

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What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx). See the black market Dollar to Naira exchange rate for 19th August, below. You can swap your dollar to Naira at these rates.

How much is dollar to naira today in black market?

Dollar to naira exchange rate today black market (Aboki dollar rate):

The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N670 and sell at N675 on Friday, 19th August, 2022, 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.

Dollar to Naira Black Market Rate Today

Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Buying Rate 670
Selling Rate 675

Please note that the rates you buy or sell forex may be different from what is captured in this article because prices varies.

The value of transactions on the eNaira has risen to N4 billion since its launch on October 25, 2021.

The Governor of the Central Bank of Nigeria, Godwin Emefiele, revealed this on Thursday at the finale of the 2022 eNaira hackathon in Abuja.

The Controller for CBN in Enugu State, Chedozie Okonjo, last year December, said the apex bank recorded over 34,000 transactions on the eNaira platform, with a total value of over N188m.

Okonjo revealed this at the 2021 Annual Bankers Dinner and Lecture organised by the Enugu State branch of the Chartered Institute of Bankers of Nigeria.

Okonjo had said, “So far, we have recorded over 583,000 consumer wallets and about 83,000 merchant wallets downloads, with downloads occurring in over 160 countries (per Google Play Store and Apple Store data).  We have also recorded over 34,000 transactions amounting to over N188m. These numbers suggest the adoption rate has been excellent.”

According to the CBN officials, this shows an increase of 2,027.66 per cent from December to August.



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