What is the current dollar to naira exchange rate in the black market?

3 answers

• Gabriel TignorApr 05, 2022 · 3 years ago
  The current exchange rate between the US dollar and the Nigerian naira in the black market is around 1 USD = 500 NGN. Please note that the black market exchange rate is not official and can vary depending on various factors such as supply and demand. It is always recommended to check with reliable sources before making any currency exchange transactions.
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• Golam Mujid SeikhJun 16, 2025 · 2 months ago
  As of today, the unofficial exchange rate between the US dollar and the Nigerian naira in the black market is approximately 1 USD = 500 NGN. However, please keep in mind that the black market rates are not regulated and can fluctuate frequently. It is advisable to consult multiple sources and exercise caution when dealing with black market currency exchanges.
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• 63 mindsetJan 29, 2025 · 7 months ago
  The current dollar to naira exchange rate in the black market is subject to change and can vary depending on the prevailing economic conditions. However, as of now, the unofficial exchange rate is around 1 USD = 500 NGN. It's important to note that black market rates are not regulated and can be higher or lower than the official rates. If you're looking to exchange currencies, it's always recommended to compare rates from different sources and consider the risks associated with black market transactions.
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