22 March 2022: See How Much Naira Exchange To Dollar Today

This is the latest information on the official and black market exchange rates of the US dollar to the Nigerian naira.

Anaedoonline.ng keeps you up to current on official dollar rates, as well as Black Market, Bureau De Change (BDC), and Central Bank of Nigeria (CBN) rates.

What Is Today’s Official Dollar To Naira Exchange Rate?

Today, Monday, March 21, 2022, the official rate for $1 to naira is 416.06/$1.

18 March 2022: See How Much Naira Exchange To Dollar Today

According to data from the FMDQ Security Exchange, where forex is officially exchanged, the naira and the US dollar exchange rate began at 416.06/$1 on Monday, March 21st, after closing at 416.50/$1 on Friday, March 18th, 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 Monday, March 21st 2022, players in the Lagos Parallel Market (Black Market) buy a dollar for N570 and sell it for N590 (BDC).

Please be aware that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market), and has advised individuals interested in trading Forex to contact their local banks.

15 March 2022: See How Much Naira Exchange To Naira Today

Trading at the NAFEX official window

On March 21, 2022, the naira and the US dollar exchange rate began at 416.06/$1 and concluded at 416.25/$1. There has been a change of -0.06.

According to FMDQ data, the forward rate has fluctuated between 453.25 and 431.75.

Spot rate: The dollar reached a top of 444.00 and a low of 406.00 against the naira.

The current price level in the market for directly exchanging one currency for another for delivery on the earliest possible value date is known as the spot exchange rate.

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