Wondering about the latest Dollar to Naira exchange rate at the black market, also known as the parallel market or Aboki fx? Find out the current rates and make informed currency exchanges.
Discover the Black Market Dollar to Naira exchange rate for January 18th, 2024, below. Here are the rates at which you can swap your dollar for Naira:
Dollar to Naira Exchange Rate Today Black Market (Aboki Dollar Rate):
Lagos Parallel Market (Black Market): Players buy a dollar for N1340 and sell at N1350 on Thursday, January 18, 2024, as reported by Bureau De Change (BDC) sources.
Keep in mind that the Central Bank of Nigeria (CBN) doesn’t recognize the parallel market (black market), directing individuals engaging 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 Rate: N1340
- Selling Rate: N1350
Dollar to Naira CBN Rate Today
Dollar to Naira (USD to NGN)
CBN Rate Today
- Buying Rate: 890
- Selling Rate: 891
Note: Forex rates may vary from those captured in this article due to market fluctuations.
| Dollar to Naira Exchange Rate | |
|---|---|
| Today’s Rates | |
| Black Market (Aboki fx) | |
| Buying Rate | N1340 |
| Selling Rate | N1350 |
| CBN Rate | |
| Buying Rate | 890 |
| Selling Rate | 891 |
Nigeria Stock Market Emerges as the World’s Best
On January 17, 2024, Nigeria’s stock market surpassed Argentina’s, becoming the top-performing market globally. The Nigerian Exchange Limited (NGX) experienced a bullish run, with the All-Share Index reaching a record-breaking 90,063.25 points, up from 87,970.37 points on Tuesday.
Between January 15 and 17, 2024, the NGX witnessed an impressive gain of 8.45% year-to-date, solidifying its position as the fastest-growing equities market globally, outpacing the Argentine Stock Market.
Despite this remarkable performance, the equities market cap within the ASI remained unchanged at N48.139 trillion, maintaining the same value as the previous day.
