Dollar To Naira Black Market Rates Today 12th February 2024
Sunday 11 February 2024
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In the latest update from Aboki FX, the black market exchange rates for the Dollar to Naira on February 12, 2024, have been disclosed. Despite the Central Bank of Nigeria's position on the parallel market, it remains a significant player in the forex landscape.
Traders in the Lagos Parallel Market maintained consistency, with the buying rate at N1470 and the selling rate at N1480 for the Dollar on Sunday, February 11, 2024.
The Central Bank of Nigeria (CBN) reiterates its non-recognition of the parallel market, urging individuals to conduct forex transactions through their respective banks. CONTINUE READING.....
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As per the CBN rates, the official buying rate is N1480, and the selling rate is N1481 for the Dollar to Naira exchange. It is essential to note that the rates provided by Aboki FX may differ from individual transactions as forex prices are subject to variations.
While the black market remains a popular avenue for forex transactions, individuals are reminded of the CBN's preference for bank-mediated transactions. The stability in the black market rates on February 11, 2024, suggests a consistent trend, but individuals are advised to stay updated on market dynamics for informed financial decisions. CONTINUE READING.....
Note: Exchange rates are subject to fluctuations, and readers are encouraged to verify the latest rates before engaging in any currency transactions.
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