The exchange rate at the black market according to Bureau De Change (BDC) operators, said a dollar was bought at ₦738‎ and sold at ₦730‎ today, as against the ₦740₦ it traded yesterday.

Also, Euro, the second most traded currency traded against the Naira, buying at ₦775 and selling at ₦760 respectively in the black market. The GB Pound To Naira Exchange Rate is buying for ₦918 and selling for 900 at the black market rate.

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Dollar to Naira Rate for the Past 7 Days

Date Buy Sell
January 3, 2023 740 733
January 2, 2023 740 731
January 1, 2023 742 735
December 31, 2022 745 742
December 30, 2022 746 744
December 29, 2022 747 743
December 28, 2022 745 743

 

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Dollars to Naira Black Market

Dollars to Naira (USD to NGN) Exchange Rate Today
Buying Rate 738
Selling Rate 730

 

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Read Also: NNPP Receives Gombe PDP Auditor General After Dumping Party

Euro to Naira Black Market

Euro to Naira (EUR to NGN) Exchange Rate Today
Buying Rate 775
Selling Rate 760

Pounds to Naira Black Market

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Pounds to Naira (GBP to NGN) Exchange Rate Today
Buying Rate 918
Selling Rate 900

CAD to Naira Black Market

CAD to Naira (CAD to NGN) Exchange Rate Today
Buying Rate 690
Selling Rate 580

USD is being traded at ₦738 in Black Market(Lagos) today, Wednesday, January 4, 2023. USD has been traded at ₦747 when Black Market opened this week on Monday, January 2, 2023.

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When we look at this month, USD was traded at ₦743 at the beginning of this January on Monday, January 2, 2023. As of today with USD being traded at ₦738 we see a -0.05% decline for United States Dollar to Naira exchange rate for this month.

Black Market Exchange Rates Buying Rate Selling Rate
Dollar to Naira 738 730
Pounds to Naira 918 900
Euro to Naira 775 760
Canadian Dollar to Naira 690 580
Rand to Naira 38 31
Dirham to Naira ‎160 155
Yuan to Naira 90 90
G.Cedi to Nair 75 60
CFA F. (XOF) To Naira 965 945
CFA F. (XAF) To Naira 920 920

 

You have to understand that the Naira is under pressure, leaving the FX market in a constant state of flux. You can’t predict what the market will turn out to be but we are trying our best to track what rate the USD/Naira are traded on daily basis.

Black Market table rate 

$1 ₦‎738
$5 3690
$10 ₦‎7380
$15 ₦‎11070
$20 ₦‎14760
$25 ₦‎18450
$30 ₦‎22140
$40 ₦‎29520
$50 ₦‎36900
$100 ₦‎73800
$150 ₦‎110700
$200 ₦‎147600
$250 ₦‎184500
$300 ₦‎221400
$350 ₦‎258300
$500 ₦‎369000
$750 ₦‎553500
$1000 ₦‎738000
$1500 ₦‎1107000
$2000 ₦‎1476000
$5000 ₦‎3690000
$10000 ₦‎7380000
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