USD to Naira Exchange Rate in Black Market N738/$1 Today - Naija Stick

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USD to Naira Exchange Rate in Black Market N738/$1 Today

May 8, 2023

USD to Naira Exchange Rate in Black Market N738/$1 Today:Nigerian Naira experienced a boost in value against the US Dollar, with an average exchange rate of N738/$1 in the informal currency market.


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This report reflects a 0.94% improvement compared to the N745/$1 rate recorded in  last week by the FX rate exchanger.



Other Black Market Rates Across Some Locations in Nigeria Today.



FX Changers may experience some important aspect on this change rate that differ, It is important to note that black-market rates vary depending on your state location in Nigeria, survey time, demand and supply, and purchasing power of the dollar. 


Below is a breakdown of the black-market rates:



Naira/Dollar (NGN/USD)


   • Buy rate – N734/$1

   • Sell rate – N738/$1



Naira/Pound (NGN/GBP)


    • Buy rate – N912/£1

    • Sell rate – N933/£1



Naira/Euro (NGN/EUR)


    • Buy rate – N792/€1

    • Sell rate – N808/€1