IMPORTANT NOTE: Please note that the exchange rate changes hourly.… it depends on the volume of dollars available and the Demands. What it means is that…you can buy or sell 1 dollar at ₦589 and the price can change (high or low) within hours.
The Nigeria parallel market (black market dollar exchange rate today) to the Nigerian Naira is as follows: For the Lagos market (black market).
LAGOS PARALLEL MARKET RATES April 6, 2022 (BLACK MARKET): dollar to naira exchange rate today black market
The local currency opened at N589.00 per $1 at the parallel market otherwise known as the black market, today, Wednesday, 6 April 2022, in Lagos Nigeria, after it closed N587.00 per $1 on Tuesday, 5 April 2022.
Even though the dollar to naira opened in the parallel market at ₦589 per $1 today, Newsonline reports that the Central Bank of Nigeria (CBN) does not recognise the parallel market
Newsonline Nigeria reports that at the black market, the players buy a dollar for N582 and sell for N589 on Wednesday morning, April 6, 2022, after they bought N581 and sold for N588 on Tuesday, 5 March 2022.
Meanwhile, Newsonline Nigeria reports that the USD started this week at ₦590 in Parallel Market also known as Black Market on Monday, April 4, 2022, in Lagos Nigeria, after it opened at #587 last week Monday, March 28, 2022.
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