- November 30, 2022
- Posted by: Stratford Team
- Category: Economy
What is the exchange rate for U.S. dollars and Nigerian naira in the parallel market, commonly known as the black market (Aboki fx)?
See below for today’s (Wednesday, November 30, 2022) black market dollar to Naira conversion rate. At current exchange rates, you may convert dollars to naira.
How much is the U.S. dollar to Nigerian naira exchange rate today, Wednesday, November 30, 2022?
Please be aware that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market) and has advised anybody interested in forex to contact their local banks first.
The black market (parallel) exchange rate is always different from the CBN rate. The Nigerian economy is greatly impacted by the exchange rate between the US dollar and the Nigerian naira.
As the Naira’s value declines, inflation takes hold of the economy, which typically has an impact on the general public. According to the Central Bank, the economy of the nation needs a…
