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Dollar to Naira Exchange Rate For July 9,2024

Findwhosabi reports that on Monday, July 8, 2024, the exchange rate for the dollar to naira in Lagos’ black market stands at N1520 for buying and N1530 for selling. This information comes from sources at Bureau De Change (BDC), and it reflects the ongoing demand and supply dynamics in the parallel market.

Despite these figures, the Central Bank of Nigeria (CBN) continues to emphasize that it does not recognize the black market rates. Findwhosabi news stresses the CBN’s directive for individuals to approach their respective banks for foreign exchange transactions to ensure transparency and adherence to regulatory standards.

It’s essential to be aware that forex rates can fluctuate. We advises that the rates you buy or sell forex may differ from the ones captured here due to market variations. Always stay informed and engage with reputable sources for your financial decisions.

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