Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 2nd May 2024

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 2nd May 2024

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By Admin - Blogger
2 Min Read

Today’s Black Market Dollar to Naira Exchange Rate (Aboki Rate):


Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 2nd May 2024
Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 2nd May 2024

The Black Market exchange rate for the US Dollar (USD) to  Nigerian Naira  (NGN) today, May 2nd, 2024, is not available in the real-time information. Please check a reliable financial source or website for the latest exchange rate.

Buyers purchase a dollar for N1355
Sellers offer a dollar at N1360
Date: Wednesday, 1st May 2024
Source: Bureau De Change (BDC)
Note: The Central Bank of Nigeria (CBN) does not acknowledge the parallel market (black market) and advises individuals interested in Forex transactions to consult their banks.

  • Dollar to Naira Black Market Rate Today
    Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
    Buying Rate N1355
    Selling Rate N1360
    Dollar to Naira CBN Rate Today
    Dollar to Naira (USD to NGN) CBN Rate Today
    Buying Rate N1164
    Selling Rate N1165

Please be aware that the exchange rates for buying or selling forex may differ from those mentioned in this article due to price fluctuations.

Recent events include chaos in the Wuse Zone 4 area of Abuja as the EFCC arrested BDC operators amidst the Naira weakening to ₦1,419/$. Traders were seen in a frenzy as EFCC operatives conducted a sudden raid and apprehended multiple Bureau De Change operators.

The EFCC and the Central Bank of Nigeria collaborated to enhance exchange rate stability and increase forex liquidity. According to BDC operators in the area who spoke with the Punch, the raid occurred on Monday afternoon, leading to chaos and fear.

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