DOLLAR TO NAIRA EXCHANGE RATES

Black Market Dollar To Naira Exchange Rate Today Saturday, February 5, 2022

Black Market Dollar To Naira Exchange Rate Today Saturday, February 5, 2022, has been obtained by BrandNewsDay, and you can access it 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 dollar to Naira rate Today Saturday, February 5, 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 at the latest black market rate otherwise known as the parallel market.

Advertisement

READ: Flour Mills: Efficiently Inefficient Falling Short To Delivering Shareholders’ Returns

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.

 

READ ALSO: Euro To Naira Black Market Exchange Rate Today Saturday, February 5, 2022

If you want to know the current black market rate, here is the page to find that.

How Much Is Dollar To Naira Exchange Rate Today CBN Rate?

Naira gained further against the US dollar since last Wednesday representing a marginal appreciation of over 0.02% to close at N416.1/$1, representing a 0.08% appreciation compared to N416.33/$1 recorded in the previous trading session, indicating a year-to-date average rate of N416.62/$1.

Black Market Dollar To Naira Exchange Rate Today Saturday, February 5, 2022

The exchange rate between the naira and the US dollar at the official Investors and Exporters (I&E) window opened at N415.66/$1 since the beginning of this week.

Advertisement

February 5 dollar to naira CBN exchange rate: $1 dollar to naira =₦415.54 Nigerian Naira

 

Notably, the CBN dollar to naira rate buy dollar at ₦415.54 and sell at the rate of ₦416.54.

Advertisement

How Much Is Dollar To Naira Black Market Rate Today?

Saturday, 5th of February, dollar to naira black market exchange rate: N568/$1

Lagos parallel market (dollar to naira black market exchange rate today)

The local currency opened at N568.00 per $1 at the parallel market otherwise known as the dollar to naira black market, today Lagos Nigeria, Saturday, February 5, 2022, after it closed N565.00 per $1 on Friday, 4 February 2022.

Advertisement

Brand News Day Nigeria in an interview with a Bureau De Change (BDC) operator at the Lagos Island market, Lagos, Nigeria on Thursday. The player disclosed that the swift in the present exchange rate as naira gains in the market is unclear to him. The Market took a new turn at the late hour of Friday, as the Dollar To Naira falls at the black market.

Facebook Comments
Brand News Day

Recent Posts

Meta To Pay Content Creators For In-Stream Ads, Facebook Reels Ads Across Nigeria, Ghana

Meta has announced the availability of two new monetization features for eligible creators in Ghana…

3 days ago

PZ Cussons Losses N96.4bn To Negative Equity In The Fiscal Year

PZ Cussons Nigeria, a consumer goods company, reported a substantial net loss of N96.4 billion…

3 days ago

Stanbic IBTC To Host Bloom Weekend

Stanbic IBTC Holdings has announced the date for its annual women’s event tagged ‘Bloom Weekend’,…

3 days ago

Stanbic IBTC Bank Nigeria PMI®: New Order Growth At Seven-month Low In June

Stanbic IBTC Bank Nigeria PMI® - June data signalled a broad stagnation of the Nigerian…

3 days ago

Stanbic IBTC Bank Hosts Home Ownership Summit

Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings and a foremost financial institution in…

3 days ago

The Problem With The EFCC

The problem with the EFCC  - In every government or institution, there is a corresponding…

1 week ago

This website uses cookies.