Black Market Dollar To Naira Exchange Rate Today 21st July 2022

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What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx). See the black market Dollar to Naira exchange rate for 20th July, below. You can swap your dollar to Naira at these rates.

How much is dollar to naira today in black market?

Dollar to naira exchange rate today black market (Aboki dollar rate):

The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N590 and sell at N620 on Wednesday, 20th July, 2022, according to sources at Bureau De Change (BDC).

Please note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market), as it has directed individuals who want to engage in Forex to approach their respective banks.

Dollar to Naira Black Market Rate Today

Dollar to Naira (USD to NGN)Black Market Exchange Rate Today
Buying Rate590
Selling Rate620

Please note that the rates you buy or sell forex may be different from what is captured in this article because prices varies.

The Central Bank of Nigeria (CBN) said it has released the sum of N20 billion rebates to eligible exporters in the second quarter of implementing the RT200 FX programme for exports worth $600m.

CBN Governor, Godwin Emefiele disclosed this to journalists shortly after the Monetary Policy Committee meeting held in Lagos on Tuesday, Naija News understands.

The economists revealed that the RT200 FX Programme was a set of policies, plans and programmes for non-oil exports that would help the country to attain the $200bn goal in FX repatriation, exclusively from non-oil exports.

Emefiele said the apex bank is grateful that the race to $200bn is yielding good result under the RT200 programme.

From the data received so far, Emefiele said the bank found out it has received inflow as of June this year of over $2.9bn.

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