Brand News Day Nigeria reports that the Nigerian currency naira for the first time in three trading sessions appreciated against the US Dollar at the Investors and Exporters (I&E) window of the foreign exchange (FX).
This is according to the data obtained from the FMDQ Securities Exchange indicated that the Nigerian currency gained 0.02 per cent or 8 kobos on Monday as it was traded at N416.67/$1 compared with the preceding session’s N416.75/$1.
This online news platform noted that participants at the opening trading session of the week exchanged $141.31 million against the $64.03 million published at the preceding session, implying an increase by $77.28 million or 120.7 per cent.
Also, BrandNewsDay had earlier reported that the Naira Falls massively against the US Dollar As FX Turnover Drops To a 3-Month Low at the Investors and Exporters (I&E) window Monday 21st of February 2021.
Meanwhile, in the Pound Sterling to Naira market, Naira increased in value by 6 kobo to trade at N567.08£1 compared with N567.14/£1 it traded last Friday, 18th of February, 2022.
The domestic currency also appreciated against the Euro at the same market window yesterday by 52 kobo to settle at N472.56/€1 in contrast to N473.08/€1 of the preceding session.
It was also good news for Naira at the black market as it appreciated to N574 per dollar compared to the last weeks’ N575/$ exchange rate.
Similarly, Brand News Day Nigeria has obtained the official US Dollar to Naira exchange rate today in Nigeria, including the Black Market rate, Bureau De Change (BDC) rate, and the CBN dollar to Naira rate Today Tuesday, February 22, 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.
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