The easiest and fastest way to check the current USD to NGN Black Market exchange rate is to make use of our live currency exchange tool, it conveniently do all the calculations for you hence giving you the actual Black Market Exchange Rate for today. According to sources at Bureau De Change (BDC), in the Black Market also known as parallel market, the exchange rate for a dollar to naira for today, Friday November 12 a dollar is bought at 565.00 and sold for 572.
#Black market dollar to naira how to
It’s worth knowing that the mid-market rate isn’t always available from your regular bank or currency exchange service How to calculate USD to NGN exchange rate? How is $100 dollars in Naira? How much is $100 US dollars in Nigeria?100 Dollars to Naira? The local currency opened at N565.00 per 1 at the parallel market otherwise known as the black market, today, Friday, 29 October 2021, in Lagos Nigeria after it closed N572.00 per 1 on Thursday, 28 October 2021. Note that if we notice any changes in figures or exchange rate of Dollar to Naira, our tools will help you recalculate to arrive at the recent black market rate hence giving you the current figures if you refresh the page. October 29 dollar to naira black market exchange rate: 1 dollar to naira 565. The Central Bank of Nigeria (CBN) will be bound to release dollars to meet the dollar demand for legitimate end users The dollar to naira exchange rate is very volatile and it changes from time to time based on market demand and supply of dollar.Īny slight drop in oil prices is bound to deplete dollar reserves and this could trigger exchange rate to rise against the Naira. We have just help you to converted one hundred dollars to nigerian naira right now.