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, Tuesday, March 8, 2022, the official rate for $1 to naira is 415.84/$1.
8 March 2022: See How Much Naira Exchange To Dollar Today
According to statistics from the FMDQ Security Exchange, where currency is legally exchanged, the naira and the US dollar exchange rate began at 415.84/$1 on Tuesday, March 8th, after closing at 416.34/$1 on Monday, March 7th, 2022.
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 the Bureau De Change, on Tuesday, March 8th 2022, participants in the Lagos Parallel Market (Black Market) buy a dollar for N572 and sell it for N577 (BDC).
See How Much Dollar Exchange To Naira Today 23 November 2021
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.
Trading at the official NAFEX window
The exchange rate between the naira and the US dollar opened at ₦415.84/$1 on 8th March and closed at ₦416.34/$1.
According to data from FMDQ, forex daily turnover stands at…
Spot rate: The dollar sold to the naira as high as ₦444.00 and as low as ₦410.00
LATEST: See How Much Dollar Exchange To Naira Today 11 October 2021
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.
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