The US Dollar as at 14th of July, 2020 was N465. Since the Black Market opened this week on Monday, July 13, 2020, the US Dollar has been trade for N465. The current US Dollar rate is N470 against Naira in Black Market today, July 16, 2020.
This shows that there is a 1.08% increase for USD rate against Naira this week.
With dollar being traded at N470, we forecast a 1.73% increase for Dollar to Naira Exchange rates in July.
In the last 30 days High/Low.
Highest N470 on 15 July, 2020.
Lowest N452 on 16 June, 2020.
2020 High/Low.
Highest N470 on 15 July, 2020.
Lowest N360 on 09 March, 2020.
The black market exchange rate is an exchange rate for a currency that is different from the official exchange rate set by the government. It occurs when the official rate bears little or insignificant relationship to the currency's actual value.
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