As of Saturday, December 28, 2024, the exchange rate for the U.S. dollar to the Nigerian naira at the Lagos Parallel Market (Black Market) is as follows:
- Buying Rate: ₦1,646
- Selling Rate: ₦1,650
This information comes from sources within the Bureau De Change (BDC).
It’s important to note that the Central Bank of Nigeria (CBN) does not officially recognize the parallel market and has directed individuals seeking foreign exchange to approach their respective banks.
The CBN rates for the dollar to naira are:
- Highest Rate: ₦1,550
- Lowest Rate: ₦1,532
Keep in mind that exchange rates can fluctuate, and the rates you encounter at banks or other exchange platforms may vary from the rates mentioned here.
