Black Market Dollar To Naira Exchange Rate Monday, 10 January 2022

Black Market Dollar to Naira exchange rate today 10 January 2022 has emerged and can be accessed below.

Brand News Day Nigeria has obtained the official US Dollar to Naira exchange rate today Nigeria, including the Black Market rate, Bureau De Change (BDC) rate, and the CBN exchange rate today.

January 10 dollar to naira official market exchange rate: $1 dollar to naira =₦417.25

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 ₦417.25 per dollar on Monday, 10 January 2022, after it closed at ₦416.25 per $1 on Friday, 7 January 2022. This represents a change of -1.49%.

How much is Black Market Dollar to Naira exchange rate today?

The Nigerian parallel market (black market dollar exchange rate today) to the dollar exchange rate is as follows.

LAGOS PARALLEL MARKET RATES January 10, 2022 (BLACK MARKET): dollar to naira exchange rate today black market

Lagos parallel market (black market dollar exchange rate today)

Black Market Dollar To Naira Exchange Rate Monday, 10 January 2022

The local currency opened at N567.00 per $1 at the parallel market otherwise known as the black market, today, Sunday, 9 January 2022, in Lagos Nigeria, after it closed N567.00 per $1 on Saturday, 8 January 2022.

Even though the dollar to naira opened in the parallel market at ₦570 per $1 today, BrandNewsDay 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.

READ: Black Market Pounds To Naira Exchange Rate January 10, 2022

BrandNewsDay reports that at the black market, the players buy a dollar for N564 and sell for N570 on Monday morning, January 10, 2022, after they bought N562 and sold for N567 on Sunday morning, January 9.

Meanwhile, BrandNewsDay Nigeria reports that the USD started this week at ₦560 in Parallel Market also known as Black Market on Monday, January 3, 2022, in Lagos Nigeria, after it opened at ₦555 last week Monday, December 27, 2021.

Meanwhile, Brand News Day Nigeria reports that the USD started this week at ₦570 in Parallel Market also known as Black Market on Monday, January 10, 2022, in Lagos Nigeria, after it opened at ₦560 last week Monday, January 3, 2021.