What is Naira To Dollar Black Market Rate Today 16th July 2023

Posted By Kaptain Kush

Curious about the intriguing sphere of black market currency exchange? Venture into the shadows and discover the enigmatic Dollar to Naira exchange rate at the parallel market, also known as Aboki FX. Behold the clandestine figures for the 16th of July, where whispers of covert transactions abound. 

Prepare to be captivated as we reveal the captivating rates, enticing you to consider the possibility of swapping your precious dollars for Naira. Step into this mysterious world where the exchange rate holds its clandestine allure.

How much is a dollar to Naira today in the black market?

Dollar to naira exchange rate today black market (Aboki dollar rate):

In the intriguing sphere of the Lagos Parallel Market, where clandestine whispers and covert transactions intertwine, a delicate dance of currencies unfolds. It is whispered among the knowledgeable few that the enigmatic dollar exchange rate to Naira revealed itself on the memorable day of Sunday, the 16th of July, 2023.

According to well-informed sources within the Bureau De Change (BDC), astute players in this shadowed domain engage in the acquisition of a dollar for the sum of N805, only to relinquish it back into the churning currents of commerce at a slightly elevated value of N820. These subtle fluctuations offer a glimpse into the intricate dynamics of the parallel market, where supply and demand dictate the ever-shifting fortunes of currencies.

However, it is crucial to acknowledge that the esteemed Central Bank of Nigeria (CBN) disavows the existence of this parallel market, casting it into the shadows of unregulated commerce. In its commitment to stability and control, the CBN directs individuals seeking foreign exchange to navigate the path of legitimacy by turning to their respective banks.

Dollar to Naira Black Market Rate Today

Dollar to Naira (USD to NGN)Black Market Exchange Rate Today
Buying RateN805
Selling RateN810

Please note that the rates you buy or sell forex may differ from what is captured in this article because prices vary.

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