Latest Dollar To Naira Exchange Rate Today, Exchange rate of Dollar to Naira in the Black Market today
On this page, we compiles Latest Dollar to naira exchange rates daily during the week so our readers can easily have access to the rates the American dollar exchanged against the naira each day for the week.
GbExtra Media reports that the dollar to naira exchange at the official market, as well as, at the parallel market otherwise known as the black market for each day during the week will be accessed by our readers.
The Official Exchange Rate of Dollar To Naira Today
GbExtra gathered that 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 ₦416.21 per dollar on Friday, 11th March 2022, and closed at ₦416.50 to $1.
LAGOS PARALLEL MARKET RATES Monday, March 14th, 2022 (BLACK MARKET)
How much is the exchange rate of Dollar to Naira in the Black Market today?
The exchange rate of Dollar to Naira in the Parallel Market Today Monday 14th, 2022 = ₦568/$1
The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for ₦568 and sell at ₦573 on Monday, March 14th, 2022, according to data obtained from Bureau De Change (BDC).
The local currency maintains stability as the exchange rate for today opens at ₦568.00 per $1 at the parallel market otherwise known as the black market, today, Monday, 14th March 2022, in Lagos Nigeria, compared to ₦570 per dollar it closed at the end of the previous week Friday 11th March 2022.
Even though the dollar to naira opened in the parallel market at ₦575 per $1 today, We reports that the Central Bank of Nigeria (CBN) does not recognize 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.
Nigeria Bank Exchange Rates
IMPORTANT NOTE: Please note that the exchange rate changes hourly. It depends on the volume of dollars available and the Demands.