What is Naira to Dollar Exchange Rate at Black Market Today

On the 15th of February, Naira depreciated against Dollar to N345 which happen to be a big blow on Nigerian economy placing the price of products on the high side . The last depreciation is at the detriment of 20 percent to Nigerian Naira . This sudden depreciation of Naira against dollar started just after Central Bank of Nigeria, CBN, stopped weekly dollar sale to bureau de change (BDCs) ... initially naira traded at N265 per dollar in the black market , moved up and down for a while before it hiked to N345 depreciation against dollar.

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