See what happens to Black Market Naira to US DOllar Exchange Rate for August 12, 2024
On Monday, August 12, 2024, the exchange rate for the US dollar at the Lagos parallel (black) market is reported to be N1600 for purchasing and N1615 for selling, according to sources from Bureau De Change (BDC).
NewsOnline Nigeria has provided the latest exchange rates, including those from the black market, BDC, and Central Bank of Nigeria (CBN). It’s important to note that these rates can fluctuate frequently due to market conditions. As of now, while you can buy a dollar at the rates mentioned, these figures may change within hours depending on supply and demand.
For today’s black market rate, a dollar is trading at N1600 to buy and N1615 to sell. Please be aware that the CBN does not officially recognize the parallel market rates and advises individuals to use their banks for foreign exchange transactions.
