At the parallel market, also known as the black market, on Tuesday, June 27, 2023 in Lagos, Nigeria, the local currency (abokiFx) opened at N760 per $1, and it closed at N765 per $1. IMPORTANT NOTE: Please be aware that the rate of exchange fluctuates hourly.... It depends on the demand and the quantity of dollars available. It means that you can buy or sell one dollar at 800, and the price can rise or fall within hours (high or low).
The ongoing trading paces of USD on the informal equal market, otherwise called the underground market, for Agency De Change (BDC) administrators in Lagos and Abuja are given beneath.
Currency Exchange Rate
USD to NGN 760 765
GBP to NGN 900 920
EUR to NGN 750 800
CAD to NGN 560 600
ZAR to NGN 31 38
AED to NGN 180 200
CNY to NGN 80 90
GHS to NGN 40 55
XOF to NGN 1050 1100
XAF to NGN 920 950