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Dollar to Naira Black Market Exchange Rate August 11, 2022 | Updated

Dollar to Naira Black Market Exchange Rate Today August 11, 2022: If you want to know the current everyday black market and official selling and exchange rate for the United States Dollar ($) to the Nigerian Naira (₦) then check this post and bookmark it as it is updated every day.

August 11, 2022 Dollar to Naira Black Market Rate

The official dollar to Naira exchange rate in Nigeria today, August 11, 2022 including the Black Market rates, Bureau De Change (BDC) rate, and CBN rates. Dollar to Naira exchange rate August 11, 2022, black market rate can be assessed below.

Dollar to Naira (USD to NGN)Black Market Exchange Rate on August 11, 2022
Buying Rate590
Selling Rate600

The exchange rate between the Naira and the US dollar according to the data posted on the FMDQ Security Exchange where forex is officially traded showed that the naira opened at N………… Per dollar on Sunday, 3 October 2021, after it closed at N413.38 per $1 on Thursday, 30 September 2021. This represents a change of %. PLEASE NOTE THAT: Since Friday, October 1, the daily official exchange rates have not been published by FMDQ.

How much is exchange rate of Dollar to Naira in Black Market today?

The Nigeria parallel market (black market dollar exchange rate today) to the Nigerian Naira is as follows: For the Lagos market (black market).

Dollar to Naira exchange rate today, August 11, 2022

Lagos parallel market (black market dollar exchange rate today)

The local currency opened at N600.00 per $1 at the parallel market otherwise known as the black market, today, August 11, 2022, in Lagos Nigeria after it closed N610.00 per $1 on August 11, 2022. This represents a change of $0 from the previous day.

The black market, the players buy a dollar for N590 and sell for N605 on Sunday morning, August 11, 2022.  This means the dollar to naira exchange rate maintained its position from the previous day.

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1 Comment

  1. Avatar Ali says:

    Currency dealers at the Abuja unofficial market (Black market) said the naira exchanged hands with the hard currency at N565.00 per $1 on Thursday and was sold at N570.00 per $1. Click here to read more. It’s an informative article.

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