We have more information on the official and black market exchange rates of the Dollar to Naira.
Anaedoonline.ng will keep you up to current on official dollar rates, as well as Black Market, Bureau De Change (BDC), and Central Bank of Nigeria (CBN) prices.
What Is Today’s Official Dollar To Naira Exchange Rate?
Today, Friday, February 18th, 2022, the official rate for $1 to naira is 415.85/$1.
2nd February 2022: See How Much Dollar Exchange To Naira Today
The exchange rate between the naira and the US dollar began at 415.85/$1 on Friday 18th, after closing at 416.67/$1 on Thursday 17th January 2022, according to statistics from the FMDQ Security Exchange, where currency is legally exchanged.
According to Anaedoonline.ng, the dollar to naira exchange rate has remained stable at N416.69 per dollar since the start of the year.
On the black market, how much is a dollar worth in naira today?
According to reports at Bureau De Change, on Friday, February 18th 2022, the exchange rate for a dollar to naira in the Lagos Parallel Market (Black Market) was N570 for a dollar and N575 for a dollar (BDC).
Please be aware that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market), and has advised anyone interested in trading Forex to contact their local banks.
See How Much Dollar Exchange To Naira Today 23 November 2021
Trading at the NAFEX official window
The exchange rate between the naira and the US dollar opened at ₦415.85/$1 on 18th February 2022 and closed at ₦416.75/$1. Showing a change of 0.02%.
According to data from FMDQ, forex daily turnover stands at $64.03 million.
Spot rate: The dollar sold to the naira as high as ₦444.00 and as low as ₦410.00
A spot exchange rate is the current price level in the market to directly exchange one currency for another, for delivery on the earliest possible value date.
Follow us on Facebook
Post Disclaimer
The opinions, beliefs and viewpoints expressed by the author and forum participants on this website do not necessarily reflect the opinions, beliefs and viewpoints of Anaedo Online or official policies of the Anaedo Online.