As of Saturday, December 21, 2024, the exchange rate for the US dollar to Nigerian naira at the Lagos Parallel Market (Black Market) is as follows:
- Buying Rate: ₦1,670 per dollar
- Selling Rate: ₦1,680 per dollar
It’s important to note that the Central Bank of Nigeria (CBN) does not officially recognize the parallel market. The CBN has instructed individuals to approach their respective banks for foreign exchange transactions.
CBN Official Rates:
- Highest Rate: ₦1,570 per dollar
- Lowest Rate: ₦1,532 per dollar
Please keep in mind that exchange rates can fluctuate, and the rates at different locations may vary from the figures mentioned in this article. Always check with your local Bureau De Change or bank for the most current rates.
