How Much Is Dollar To Naira Exchange Rate Today Official Rate?
The exchange rate between the Naira and the US dollar according to the data posted on the FMDQ Security Exchange where forex is officially traded showed that the naira opened at ₦415.15 per dollar on Thursday, 10 February 2022, after it closed at ₦416.00 per $1 on Wednesday morning, February 9, 2022. This represents a change of -0.16%.
Exchange rate of Dollar to Naira Black Market today?
The Nigeria parallel market (black market dollar exchange rate today) to the Naira is as follows: For the Lagos market (black market).
LAGOS PARALLEL MARKET RATES February 10, 2022 (BLACK MARKET):
February 10 dollar to naira black market exchange rate: $1 dollar to naira = ₦572 Lagos parallel market (black market exchange rate today)
The local currency opened at N572.00 per $1 at the parallel market otherwise known as the black market, today, Thursday, 10 February 2022, in Lagos Nigeria after it closed N572.00 per $1 on Wednesday morning, February 9, 2022.
Even though the dollar to naira opened in the parallel market at ₦572 per $1 today, GbExtra reports that the Central Bank of Nigeria (CBN) does not recognise the parallel market, otherwise known as the black market.
The apex bank has therefore directed anyone who requires forex to approach their bank, insisting that the I&E window is the only known exchange.
We report that at the black market, the players buy a dollar for N567 and sell for N572 on Thursday morning, February 10, 2022 after they bought N566 and sold for N572 on Wednesday morning, February 9,2022.
PLEASE NOTE: That the exchange rate changes hourly. it depends on the volume of dollars available and the Demands. What it means is that, you can buy or sell 1 dollar at ₦572 and the price can change (high or low) within hours.
February 10th dollar to naira official market exchange rate: $1 dollar to naira =₦415.15