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Dollar To Naira Black Market Today In Lagos

11 months ago   DOLLAR TO NAIRA EXCHANGE   Lagos   0.9K views Reference: 262

Location: Lagos

If you're in Lagos and looking to exchange dollars for naira on the black market, you're probably wondering what the current exchange rate is. As of today, the rate is 1 dollar to naira black market today is around 1,150 Naira. However, it's important to note that this rate is not official and is subject to fluctuations based on supply and demand. You can always check out the latest and fresh rates here

Many people turn to the black market to exchange currencies because they can often get a better rate than at official exchange bureaus. However, it's important to be cautious when dealing with black market currency traders on the street as there is a risk of fraud or receiving counterfeit money.

If you do decide to exchange money on the black market, it's a good idea to shop around and compare rates from different traders. You should also make sure to count your money carefully and inspect it for any signs of counterfeit bills.

It's also worth noting that the exchange rate on the black market is not the same as the official exchange rate set by the Central Bank of Nigeria. The official rate is currently around 788.69 Naira to the Dollar, but it can be difficult to access this rate as it is often reserved for government transactions and selected businesses.

Overall, if you're looking to exchange dollars for naira on the black market in Lagos, be sure to do it on our website right here or you do your diligent research and proceed with caution to ensure you get a fair rate and avoid any scams or counterfeit money.

This post was last updated on 31/10/2023.

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