As of Monday, December 23, 2024, the exchange rate for the dollar to naira at the Lagos parallel market (black market) stands at:
- Buying Rate: ₦1,658 per USD
- Selling Rate: ₦1,665 per USD
This rate is based on information from Bureau De Change (BDC) sources. However, it’s important to note that the Central Bank of Nigeria (CBN) does not recognize the parallel market and has urged individuals to use commercial banks for foreign exchange transactions.
CBN Official Exchange Rate:
- Highest Rate: ₦1,545 per USD
- Lowest Rate: ₦1,532 per USD
Please be aware that the rates you may encounter could differ from those listed here, as forex prices fluctuate and can vary across different markets.
