As e be so, di official exchange rate of US dollar to Naira today, 13th May 2024, na ₦1,466 per US dollar. But for black market, dem dey sell am higher dan di official market.
CBN Official Rate: If you wan buy, na ₦1,465 per US Dollar dem go sell am to you. If na you wan sell, dem go collect ₦1,466 per US Dollar from you.
Black Market Exchange Rate: If you wan buy for black market, na ₦1,480 per US Dollar dem dey sell. If na you wan sell for black market, dem go collect ₦1,500 per US Dollar from you.
How e take be yesterday: Naira try small for official market, e no shake like dat. But for parallel market, e no be small thing. Black market dey always give higher exchange rate dan official market.
Last week, Naira bin dey trade for ₦1,466 per US dollar for official market. For black market sef, na di same tori. Di value of Naira for black market drop from yesterday rate of ₦1,470 per dollar to ₦1,500 per US dollar.
E be like say Naira dey struggle well-well for dis dollar matter. Make we dey pray say e go better soon, because e no easy at all.