This is the latest news on the Dollar to Naira exchange rate, both official and black market.
Anaedoonline.ng keeps you up to date on Nigeria’s official dollar rate, 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, April 19th, 2022, the official rate for $1 to naira is 417.45/$1.
5 April 2022, See How Much Naira Exchange To Dollar Today
The exchange rate between the naira and the US dollar began at 417.45/$1 on Tuesday 19th, after closing at 417.50/$1 on Thursday 14th April 2022, according to data acquired from the FMDQ, where Naira is officially exchanged.
Anaedoonline.ng reports that the dollar to naira exchange rate has maintained an average of N416.69 to a dollar since the beginning of the new year.
How much is a dollar to naira today in the black market?
The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N570 and sell at N589 on Tuesday, April 19th 2022, according to sources at Bureau De Change (BDC).
4 April 2022, See How Much Naira Exchange To Dollar Today
Please note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market), as it has directed individuals who want to engage in Forex to approach their respective banks.
Dollar to Naira Black Market Rate Today
Buying Rate is at 570 while Selling Rate is at 589
Trading at the official NAFEX window
The exchange rate between the naira and the US dollar opened at ₦417.45/$1 on 19th April, 2022 and closed at ₦417.00/$1. Showing a change of -0.12% and a daily turnover of $155.44 million.
According to data from FMDQ, forward rate went as high as ₦453.17 and as low as ₦416.78.
See How Much Dollar Exchange To Naira Today 18 November 2021
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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