Breaking: New Dollar Rate Against Naira Leaves Market On Edge ⚠️

Below is the Dollar to Naira black market rate for March 16. These are the prevailing rates at which the dollar is exchanged for the naira in the informal forex market.

How much is a dollar to naira today in the black market?

It is important to note that the Central Bank of Nigeria (CBN) does not officially recognize the parallel market. The apex bank has advised individuals seeking foreign exchange transactions to conduct them through authorized financial institutions.

Dollar to Naira Black Market Rate (Today)

• Selling Rate: ₦1,430

• Buying Rate: ₦1,410

Dollar to Naira CBN Official Rate (Today)

• Highest Rate: ₦1,364

• Lowest Rate: ₦1,354

Please be aware that forex rates may vary depending on location and transaction conditions, meaning the actual rates at the point of exchange could differ slightly from those listed above.