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 Sunday, 5 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 ₦415.69 per dollar Today Sunday, June 5, 2022, after the dollar to naira yesterday – Friday, June 3rd, 2022, closed at ₦415.69 per $1. This represents a change of 0.01%.
Notably, BrandNewsDay Nigeria reports that the CBN dollar to naira rate, the apex bank buys the dollar at ₦415.69 rate and sells it at the rate of ₦416.69.
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 N605.00 per $1 at the parallel market otherwise known as the black market, today, Sunday, 5 June 2022, in Lagos Nigeria, after it closed at N607.00 per $1 on Saturday, 4th June 2022.
Even though the dollar to naira opened in the parallel market at ₦607 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 N602 and sell for N607 on Sunday morning, 5th June 2022, after they purchased N600 and sold for N605 on Saturday morning, June 4, 2022.
Meanwhile, in comparison, Brand News Day Nigeria reports that the USD started this week at ₦609 in Parallel Market also known as Black Market on Monday, May 30, 2022, in Lagos Nigeria, after it opened at 605 last week Monday, May 23 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) |
June 5, 2022 | US DOLLAR | 607 | 602 |
June 5, 2022 | POUNDS STERLING | 750 | 740 |
June 5, 2022 | EURO | 640 | 635 |
Read BrandNewsDay Nigeria update on the official pounds rates as well as Pounds To Naira Black Market Today
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