Dollar (USD) to Naira (NGN) Black Market Rate Today – 9th August, 2022

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If you want to exchange your dollars for Naira or Naira for Dollars in the black market through the use of an aboki and want to know the current rate at which you can buy and sell your dollars in the parallel market, then keep reading to find out what the current Aboki dollar rate is today.

USD to NGN Exchange Rate

In this article, we will explain everything you need to know about the USD to NGN exchange rate as well as the current dollar to naira exchange rate, both the black market rate and the CBN rate. You can convert your USD to Naira at this rate or at the parallel market or the most recent black market rate.

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The Nigerian naira has been declining for months and continues to fall against the US dollar. This has exacerbated the Nigerian economy, as inflation continues to rise by the second. However, there are people who earn money online as freelancers, affiliate marketers, bloggers, content creators, and so on who would prefer to exchange their dollars for naira at the black market rate rather than the CBN rate because it is more profitable.

It is important to note that the Central Bank of Nigeria does not approve black market rates and has advised marketers to seek proper guidance on acquiring dollars from their financial institutions.

Dollar to Naira Black Market Price Today ([current_date format=’jS, M, Y’])

Our Dollar to Naira Black market rate is 100 percent accurate and corresponds to parallel market pricing in real time. The current dollar to naira Black market rate is shown below.

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Dollar to Naira (USD to NGN)Black Market Exchange Rate Today
Buying Rate 680
Selling Rate677

Dollar to Naira CBN Rate Today ([current_date format=’jS, M, Y’])

This is the current standard rate set by the Central Bank of Nigeria.

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Dollar to Naira (USD to NGN)CBN Exchange Rate Today
Buying Rate 419
Selling Rate 417

Wrapping Up

You should be able to convert any of your dollar funds at a good rate in the black market now that you’ve seen the price difference between the parallel market and the CBN FX rate.

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