29 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 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) rates.

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

Today, Monday, March 28, 2022, the official rate for $1 to naira is 416.26/$1.

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

The exchange rate between the naira and the US dollar began at 416.26/$1 on Monday 28th, after closing at 416.33 to a $1 on Friday 25th March 2022, according to statistics from the FMDQ Security Exchange, where forex is officially 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 sources at the Bureau De Change, on Monday, March 28th 2022, players at the Lagos Parallel Market (Black Market) buy a dollar for N580 and sell it for N600 (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.

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

Trading at the NAFEX official window

On March 28, 2022, the naira and the US dollar exchange rate started at 416.26/$1 and finished at 416.50/$1. With a daily turnover of $202.06 million and a change of 0.04 percent.

According to FMDQ statistics, the forward rate reached a high of 453.25 and a low of 416.70.

Spot rate: The dollar sold for as much as 444.00 naira and as little as 410.00 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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