LAGOS PARALLEL MARKET RATES October 13, 2021 (BLACK MARKET): dollar to naira exchange rate today black market
October 13 dollar to naira black market exchange rate: $1 dollar to naira = N575 A parallel market exists in Lagos (black market dollar exchange rate today)
The local currency began at N575.00 per $1 on the parallel market, also known as the black market, in Lagos, Nigeria, today, Wednesday, October 13th, 2021, after closing at N575.00 per $1 on Tuesday, October 12th, 2021.
This is a $0 difference from the prior day. This signifies that the dollar to naira exchange rate remained unchanged from the previous day.
The Central Bank of Nigeria (CBN) does not recognize the parallel market, also known as the black market, despite the fact that the dollar to naira opened in the parallel market at 575 for $1 today.
As a result, anyone in need of currency should contact their bank, with the I&E window being the sole known exchange, according to the apex bank.