Discover today's USD to NGN black market exchange rate, where buyers purchase dollars at N1550 and sellers sell at N1575, contrasting with CBN's official rates. Stay informed on currency fluctuations.
Today, the black market exchange rate for the US Dollar (USD) to Nigerian Naira (NGN) stands at N1550 for buying and N1575 for selling, as reported on July 14th, 2024. This rate contrasts with the Central Bank of Nigeria's (CBN) official rate of N1559 for buying and N1560 for selling. The disparity highlights the continued preference for the black market among individuals seeking better rates despite CBN directives.
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