Question: Dollar to naira today black market nairaland?
According to Nairaland, a popular Nigerian forum, the dollar to naira exchange rate in the black market today, August 4, 2023, is around 710 naira per dollar.
This is higher than the official exchange rate, which is set by the Central Bank of Nigeria at 415.37 naira per dollar. The black market exchange rate is typically higher than the official exchange rate because it is unregulated and there are fewer restrictions on buying and selling currency.
It is important to note that the black market exchange rate can fluctuate frequently, so it is always best to check with a reputable source before making a currency exchange.
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