From above of calculator placed on paper banknotes of American dollars on table

Dollar to Naira Black Market Today 10/8/2024

What is the value of 1 naira on the black market today?



Dollar to Naira Black Market Today 10/8/2024: Currently, the black market exchange rate of the naira to 1 US dollar is 1600 naira. This means that for every dollar you exchange, you get 1600 naira. Black market exchange rates are not regulated by the government, so they are usually higher than the official exchange rate. Dollar to Naira Black Market Today 10/8/2024



What factors affect the black market dollar to naira exchange rate?

Pile of American paper money on black surface
Dollar to Naira Black Market Today 10/8/2024

Factors that can affect the dollar exchange rate on the black market include:



Demand and supply of dollars

Political and economic situation in the United States and Nigeria

Value of the US Dollar



How do I find a reputable dollar black market dealer?

Dollar to Naira Black Market Today 10/8/2024: If you want to exchange US dollars for naira, it is important to find a dealer you can trust. You can find USD-NGN black market dealers online or in person. However, you should be careful when exchanging money on the black market for naira as you risk getting scammed. Follow my Facebook Profile Here!

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