Are you interested in knowing what the black market dollar rate in Nigeria?
While most people are still grappling with the new reality of premium motor spirit (PMS) selling at over ₦500 per litre, forex traders expect stability.
Forex traders would probably have expected that the local currency would have started stabilising with the unified exchange rate plans of this new administration.
Dollar To Naira Exchange Rate
For today, here is the dollar to Naira exchange rate on parallel market also known as the black market.
Read Also: Black Market: Naira To Dollar Exchanges At ₦745
Bureau De Change (BDC) operators in Nigeria, are exchanging a dollar on the black market at ₦753 when buying and ₦750 when selling.
This rate is slightly higher from the ₦750 it traded yesterday.
Recall that the Naira began trading this week on Monday, June 5, 2023, at ₦748 on black market.
Naira To Other Currency Exchange Rate
Also, if you have businesses with the Canadian Dollar (CAD), that are paying school fees or buying goods that have to be paid for with the CAD.
There is something for you.
The CAD to Naira on the black market is trading at ₦630 when buying and ₦610 when selling.
Also the second most traded currency known as Euro to Naira trades at ₦810 buy and ₦795 sell respectively in the black market.
You May Like: Dollar, Pound, Euro To Naira Surges In Black Market
More so, the Pound To Naira exchange rate is ₦955 buy, while you can sell a pound for ₦940 sell at the black market rate.
Dollar To Naira Rate For Past 7 Days
Date |
Buy |
Sell |
June 6, 2023 |
750 |
747 |
June 5, 2023 |
755 |
750 |
June 4, 2023 |
745 |
742 |
June 3, 2023 |
770 |
765 |
June 2, 2023 |
772 |
768 |
June 1, 2023 |
780 |
770 |
May 31, 2023 |
764 |
760 |
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