Dollar To Naira Exchange Rate In The Black Market Today March 11th 2022

Dollar To Naira Exchange Rate In The Black Market Today March 11th 2022
Dollar To Naira Exchange Rate

Black Market Dollar To Naira Exchange Rate Today 11TH March 2022 Can Be Accessed Below;

SERIOUS 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 ₦577 and the price can change (high or low) within hours.

How Much Is Exchange Rate For Dollar To Naira In The 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).

LAGOS PARALLEL MARKET RATES March 11, 2022 (BLACK MARKET): dollar to naira exchange rate today black market

March 10th dollar to naira black market exchange rate: $1 dollar to naira = ₦577

Lagos parallel market (black market dollar exchange rate today: $1 dollar to naira today black market)

The local currency opened at N577.00 per $1 at the parallel market otherwise known as the black market, today, Friday, 11 March 2022, in Lagos Nigeria, after it closed N577.00 per $1 on Wednesday morning, March 10, 2022.

CBN Governor, Godwin Emefiele

Even though the dollar to naira opened in the parallel market at ₦577 per $1 todayMorenewsonline reports that the Central Bank of Nigeria (CBN) does not recognize the parallel market, otherwise known as the black market. The apex bank has therefore directed anyone who requires forex to approach their bank, insisting that the I&E window is the only known exchange.

Morenewsonline reports that at the black market, the players buy a dollar for N572 and sell for N577 on Friday morning, March 11, 2022, after they bought N572 and sold for N577 on Wednesday morning, March 10, 2022.

Meanwhile, Morenewsonline reports that the USD started this week at ₦577 in Parallel Market also known as Black Market on Monday, March 7, 2022, in Lagos Nigeria, after it opened at 576 last week Monday, February 28, 2022.

Disclaimer: MORENEWSONLIE does not set or determine forex rates. The official NAFEX rates are obtained from the website of the FMDQOTC. Parallel market rates (black market rates) are obtained from various sources including online media outlets. The rates you buy or sell forex may be different from what is captured in this article.

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