Dollar to Naira Exchange Rate (Black Market) on December 5, 2024
As of Thursday, December 5, 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: ₦1,705
- Selling Rate: ₦1,715
These rates reflect the transactions conducted by Bureau De Change (BDC) operators in the market. It’s important to note that the Central Bank of Nigeria (CBN) does not officially recognize the parallel market and has directed individuals who need foreign exchange to approach their banks for transactions.
Dollar to Naira CBN Rate on December 5, 2024
- Opening Rate: ₦1,565
- Closing Rate: ₦1,567
Please be aware that the rates you encounter may differ from those listed here as forex prices fluctuate. Always check with your financial institution or BDC before making any transactions.
