30 March 2022: See How Much Naira Exchange To Naira 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 track of 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 29, 2022, the official rate for $1 to naira is 416.25/$1.

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

The exchange rate between the naira and the US dollar began at 416.25/$1 on Tuesday, March 29th, after closing at 416.50 to a dollar on Monday, March 28th, according to statistics from the FMDQ Security Exchange, where currency is legally transacted.

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 29th 2022, participants in 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 anyone interested in trading Forex to contact their local banks.

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

Trading at the NAFEX official window

The exchange rate between the naira and the US dollar opened at ₦416.25/$1 on 29th March, 2022 and closed at ₦417.00/$1. Showing a change of 0.12 and a daily turnover of $97.91 million.

According to data from FMDQ, forward rate went as high as ₦453.25 and as low as ₦419.98.

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.

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