Dollar to Naira black market exchange rate today 6th August 2022 which is Saturday and the updated dollar to Naira CBN exchange rate 6 August 2022.
The dollar to Naira black market exchange rate as of today 6th August 2022 has experienced another turn around especially in the black market.
Those who are either buying or selling dollars are eagerly asking how much is Dollar to Naira in black market today?
Let’s find out how much dollar is being exchanged in Nigeria and the dollar to Naira black market exchange rate as of 6th August 2022.
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How Much is Dollar to Naira Today CBN 6th August 2022?
The Central Bank of Nigeria (CBN) official dollar to Naira exchange rate as of today 6th August 2022 is N417. Dollars sells at N418 and buys at N417 at CBN rates.
But the sad thing is that, the black market exchange rate is not the same as the CBN exchange rate.
Black market which is also known as parallel market operate on a different exchange rate (unofficial and illegal rate) .
How much is Dollar to Naira Black Market 6th August 2022
The black market (bureau de change) dollar to Naira exchange rate as of today 6th August 2022 is N680. As of today 06/08/2022, 1 dollar at the black market sells between N670 to N680.
According to the reports we are receiving, dollar is selling between N670 to 705 in some areas in Lagos, Abuja, Port Harcourt, Uyo, Enugu, etc.
Black market exchange rate breakdown for 06/08/2022
|Dollar to Naira Rates||Black Market Exchange Rate Today 6th August 2022|
Recently, the exchange rate of dollar to Naira has experience so much hike, which has caused uproar among the citizen because of the high cost of living.
Meanwhile, while we hope for the future, you continue to plead with illegal dollar dealers to kindly work in hands with the CBN to help normalize the Naira to dollar value.
Note: the CBN Exchange rate shown above fluctuates from time to time. For accurate and up-to-date data on the CBN dollar to Naira Exchange rate, we advise you to visit the CBN exchange rate portal via https://www.cbn.gov.ng/rates/exchratebycurrency.asp