Dollar to Naira CBN Exchange Rate today: Dollar to Naira Black Market Exchange Rate Today. www.brandnewsday.com
BrandNewsDay Nigeria has compiled the official US Dollar to Naira exchange rate today in Nigeria, including the Dollar To Naira Aboki Exchange Rate, Bureau De Change (BDC) rate, dollar to naira yesterday, the CBN dollar to Naira rate, and Dollar To Naira Bank Rate Today Friday, 27 May 2022.
You can access the dollar to naira yesterday, Dollar To Naira Bank Rate Today and Dollar to Naira Black Market Today below:
The exchange rate between the Naira to US dollar, according to the data posted on the FMDQ Security Exchange where forex is officially traded showed that the naira opened at ₦414.69 per dollar Today Friday, 27 May 2022, after the dollar to naira yesterday – Thursday, May 26, 2022, closed at ₦415.69 per $1. This represents a change of 0.01%.
Notably, the CBN dollar to naira rate, the apex bank buys the dollar at ₦414.69 rate and sells it at the rate of ₦415.69.
The Nigeria parallel market (black market dollar Aboki exchange rate today) to the Nigerian Naira is as follows: For the Lagos market (black market).
The local currency opened at N609.00 per $1 at the parallel market otherwise known as the black market, today, Friday, 27 May 2022, in Lagos Nigeria, after it closed at N607.00 per $1 on Thursday, 26th May 2022.
Even though the dollar to naira opened in the parallel market at ₦609 per $1 today, BrandNewsDay 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.
BrandNewsDay Nigeria reports that in the naira to dollar black market, the players buy a dollar for N605 and sell for N609 on Friday morning, 27th May 2022, after they purchased N600 and sold for N605 on Thursday morning, May 26, 2022.
Meanwhile, in comparison, Brand News Day Nigeria reports that the USD started this week at ₦605 in Parallel Market also known as Black Market on Monday, May 23, 2022, in Lagos Nigeria, after it opened at 590 last week Monday, May 16, 2022.
The table below shows the latest black market rate of the U.S Dollar To Naira Aboki, the European Euro to Naira, and Great Britain Pounds.
Date | Currency | Selling (NGN) | Buying(NGN) |
May 27, 2022 | US DOLLAR | 609 | 605 |
May 27, 2022 | POUNDS STERLING | 750 | 740 |
May 27, 2022 | EURO | 640 | 635 |
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