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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 Wednesday, 12 October 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 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 N439.19 per dollar on Wednesday, 12th October 2022, after it closed at N431.33 per $1 on Tuesday, 11th October 2022.
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 N745.00 per $1 at the parallel market otherwise known as the black market, today, Wednesday, 12th October 2022, in Lagos Nigeria, after it closed at N742.00 per $1 on Tuesday, 11th October 2022.
Even though the dollar to naira opened in the parallel market at ₦745 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.
BrandNewsDay Nigeria reports that in the naira-to-dollar black market, the players buy a dollar for N740 and sell for N745 on Wednesday morning, 12th of October 2022, after purchasing at N740 and selling for N742 on Tuesday, October 11th, 2022.
Meanwhile, Brand News Day Nigeria reports that the USD started this week at ₦745 in Parallel Market, also known as Black Market on Monday, October 10, 2022, in Lagos Nigeria, after it opened at ₦720 last week Monday, October 3, 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) |
October 12, 2022 | US DOLLAR | 745 | 740 |
October 12, 2022 | POUNDS STERLING | 860 | 850 |
October 12, 2022 | EURO | 690 | 685 |
Read BrandNewsDay’s update on the official pound rates and Pounds To Naira Black Market Today.
BrandNewsDay Nigeria has compiled the news about the Pounds to Naira rate at the official and Pounds To Naira Aboki black market exchange rate Today Wednesday, 12 October 2022.
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