Aboki Rate: Latest US Dollar To Naira Black Market Rates Today, 5th August 2022

• The below is the today US dollar to Naira exchange rate at offical CBN rate, aboki fx and the black market.

THE NATION REPORTERS reports that the local currency opened at N630.00 per $1 at the parallel market otherwise known as the black market today Friday, 5 August 2022, in Lagos Nigeria, after it closed at N650.00 per $1 on Thursday, 4 August 2022.

Even though the dollar to naira opened in the parallel market at ₦690 per $1 today, the Central Bank of Nigeria (CBN) does not recognise the parallel market otherwise known as the black market. The apex bank has therefore directed anyone who requires forex to approach their bank, insisting that the I&E window is the only known exchange.

The players buy a dollar for N610 and sell for N630 on Friday morning, August 5, 2022, after they bought N650 and sold for N655 on Thursday, 4 August 2022.

Disclaimer: THE NATION REPORTERS does not set or determine forex rates. The official NAFEX rates are obtained from the website of the FMDQOTC. Parallel market rates (black market rates) are obtained from various sources including online media outlets. The rates you buy or sell forex may be different from what is captured in this article.