Dollar to Naira Black Market Exchange Rate Today August 21, 2023

An in-depth perspective on Dollar to Naira Black Market Exchange Rate Today August 21, 2023, offering readers critical context.

On Monday, the 21st of August 2023, the Lagos Parallel Market, also known as the Black Market, reported an exchange rate of ₦830 to a dollar for buying and ₦840 for selling. These figures are based on information obtained from Bureau De Change (BDC) sources. 

It’s important to note that the Central Bank of Nigeria (CBN) does not recognize or endorse the parallel market. Instead, the CBN advises individuals seeking foreign exchange to approach their respective banks for official transactions.

Elena Rostova

Elena Rostova

Lead Health, Wellness & Medical Journalist

Elena Rostova holds a Master's degree in Public Health Journalism. She covers groundbreaking medical research, holistic wellness trends, mental health awareness, and nutritional science.

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