Explore the latest Dollar to Naira exchange rates as of January 13, 2024, in the black market (Aboki fx) and the Nigerian Foreign Exchange Market (NAFEM).
Stay informed about the dynamic forex trends and significant financial developments.
Black Market Dollar To Naira Exchange Rate Today (Aboki Dollar Rate):
Discover the black market exchange rate for a dollar to naira as of January 12, 2024, at the Lagos Parallel Market. Sources from Bureau De Change (BDC) reveal that players are buying a dollar for N1255 and selling at N1265. Please be aware that forex prices vary, and individual transactions may differ from the rates captured in this article.
CBN Dollar To Naira Rate Today:
Check the official CBN rates for Dollar to Naira on the same date. The buying rate is 892, while the selling rate is 893. Keep in mind that these rates may fluctuate due to market dynamics.
Black Market Dollar To Naira Exchange Rate (Aboki Dollar Rate) – January 12, 2024
Exchange Rate Information – January 12, 2024 | Black Market (Aboki fx) | CBN Rates |
---|---|---|
Dollar to Naira | ||
Buying Rate | N1255 | 892 |
Selling Rate | N1265 | 893 |
NAFEM Update: Naira Gains 19% To N874.79/$:
In a notable development, the Nigerian naira experienced a significant gain in the Nigerian Foreign Exchange Market (NAFEM), appreciating to N874.79 per dollar. This marks a substantial 19% increase from its previous rate of N1,082.32 per dollar on Wednesday, according to Elizabeth Adegbesan.
NAFEM Trading Highlights:
- The indicative exchange rate for NAFEM witnessed an appreciation of N207.53, indicating a robust uplift for the naira.
- Intraday trading saw the high reach N1,264.96 per dollar and a low of N475 per dollar, reflecting a notable margin of N789.96 per dollar.
- A substantial volume of dollars, amounting to $110.41 million, was traded in the NAFEM.
Stay informed about the latest Dollar to Naira exchange rates and financial developments to make informed forex decisions. Please note that rates may vary based on market fluctuations.