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 Thursday, 20 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 Thursday, 20th October 2022, after it closed at N431.33 per $1 on Wednesday, 19th October 2022.
Dollar to Naira CBN Exchange Rate today: Dollar to Naira Black Market Exchange Rate Today.
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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 N741.00 per $1 at the parallel market otherwise known as the black market, today, Thursday, 20th October 2022, in Lagos Nigeria, after it closed at N745.00 per $1 on Wednesday, 19th October 2022.
Even though the dollar to naira opened in the parallel market at ₦741 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 N736 and sell for N741 on Thursday morning, 20th of October 2022, after purchasing at N743 and selling for N745 on Wednesday, October 19th, 2022.
Meanwhile, Brand News Day Nigeria reports that the USD started this week at ₦741 in Parallel Market, also known as Black Market on Monday, October 17, 2022, in Lagos Nigeria, after it opened at ₦745 last week Monday, October 10, 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 20, 2022 | US DOLLAR | 741 | 736 |
October 20, 2022 | POUNDS STERLING | 860 | 850 |
October 20, 2022 | EURO | 702 | 695 |
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 Thursday, 20 October 2022.
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