What is the current exchange rate from 1 dollar to naira on the black market?

3 answers

• Rajnish KrFeb 26, 2022 · 3 years ago
  The current exchange rate from 1 dollar to naira on the black market is approximately 500 naira. However, please note that the black market exchange rate is unofficial and can vary significantly from the official exchange rate. It is important to be cautious when dealing with the black market and consider the risks involved.
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• AMAR PRASADFeb 17, 2025 · 5 months ago
  As of now, the exchange rate from 1 dollar to naira on the black market is around 500 naira. Keep in mind that the black market rate is not regulated and can fluctuate frequently. It is advisable to check the latest rates before making any transactions.
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• Strand BorregaardJun 14, 2025 · a month ago
  According to BYDFi, the current exchange rate from 1 dollar to naira on the black market is approximately 500 naira. However, it's important to note that the black market rate is not officially recognized and can be subject to volatility. It is recommended to exercise caution and consider alternative options for currency exchange.
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