BrandNewsDay Nigeria has compiled the official US Dollar to Naira exchange rate today in Nigeria, including the Black Market dollar to naira rate, Bureau De Change (BDC) rate, dollar to naira yesterday, the CBN dollar to Naira rate, and Dollar To Naira Bank Rate Today Wednesday, March 23, 2022.
Dollar to Naira Black Market exchange rate: Here is the current Dollar to Naira rate today. See CBN & Dollar To Naira Black Market Rate Today, the black market for Dollar to naira Aboki fx. You can change your Dollar to naira at these rates or convert your Dollar to naira Aboki Today at the latest black market rate otherwise known as the parallel market.
So many Nigerians prefer to exchange their foreign currencies, especially the US Dollar to naira using the black market due to the high exchange rate compared to what the Nigerian Banks offer.
If you want to know the current black market rate, here is the page to find that.
You can access both the Dollar To Naira Bank Rate Today and Dollar to Naira Black Market Today below:
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 ₦416.46 per dollar Today Wednesday, March 23, 2022, after the dollar to naira yesterday closed at ₦415.96 per $1 22 March 2022. This represents a change of 0.16%.
Notably, the CBN dollar to naira rate buy dollar at ₦ 415.96 and sell at the rate of ₦416.46.
Even though the dollar to naira Aboki opened in the parallel market at ₦585 per $1 today, BrandNewsDay Nigeria 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.
The Nigeria parallel market (black market dollar exchange rate today) to the Nigerian Naira is as follows: For the Lagos market (black market).
The local currency, naira opened at N585.00 per $1 at the parallel market otherwise known as the black market, today, Wednesday, 23 March 2022, in Lagos Nigeria, after dollar to naira yesterday closed N583.00 per $1 on Tuesday, 22 March 2022.
The local currency opened at N585.00 per $1 at the parallel market otherwise known as the black market, today, Wednesday, 23 March 2022, in Lagos Nigeria, after it closed N583.00 per $1 on Tuesday, 22 March 2022.
In a similar vein, in the Abuja Black Market where Forex is traded, players confirmed that they buy USD at the rate of N580 and sell back at the rate of N585.
| Date | Currency | Selling (NGN) | Buying(NGN) |
March 23, 2022 | US DOLLAR | 585 | 580 |
March 23, 2022 | POUNDS STERLING | 760 | 755 |
March 23, 2022 | EURO | 630 | 625 |
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