Today’s Black Market Dollar to Naira Exchange Rate, October 13th, 2024 (PM Update)

The current black market exchange rate for the dollar to naira can be found below for October 13th, 2024.

We gathered the latest official black market exchange rates in Nigeria, including rates from the black market, Bureau De Change (BDC), and the Central Bank of Nigeria (CBN).

Keep in mind that exchange rates can change hourly based on the supply and demand for dollars in the market.

Currently, you can buy 1 dollar at a specific rate, but it’s crucial to understand that this rate can fluctuate (either increase or decrease) within a short period.

So, what is the dollar to naira exchange rate today in the black market?

As of Saturday, October 12th, 2024, the dollar to naira exchange rate at the Lagos Parallel Market (black market) is as follows: buyers purchase a dollar for N1690 and sell it for N1700, according to sources from Bureau De Change (BDC).

It’s important to note that the Central Bank of Nigeria (CBN) does not acknowledge the parallel market (black market) and advises individuals interested in forex to go through their banks.

Today’s Dollar to Naira Black Market Rate:

• Buying Rate: N1690
• Selling Rate: N1700

Today’s Dollar to Naira CBN Rate:

• Buying Rate: N1625
• Selling Rate: N1626

Please remember that the rates you experience when buying or selling forex may differ from those listed here, as prices can vary.