As of Friday, December 6th, 2024, the exchange rate for the U.S. dollar to Nigerian naira at the Lagos Parallel Market (Black Market) is as follows:
- Buying Rate: ₦1570
- Selling Rate: ₦1600
The Central Bank of Nigeria (CBN) does not officially recognize the parallel market. It directs individuals to engage with their banks for foreign exchange transactions.
In comparison, the CBN rate today is:
- Highest Rate: ₦1610
- Lowest Rate: ₦1565
Please note that exchange rates can fluctuate and may vary slightly depending on the source or market conditions.
