Dollar To Naira Exchange Rate Today 26 December 2022 (Black Market Rate)

Black market dollar to naira exchange rate today, 3rd June 2022 can be accessed below.

IMPORTANT NOTE: Please note that the exchange rate changes hourly.… it depends on the volume of dollars available and the Demands. What it means is that…you can buy or sell 1 dollar at ₦605 and the price can change (high or low) within hours.

Newsone has obtained the official dollar to naira exchange rate in Nigeria today including the Black Market rates, Bureau De Change (BDC) rate, and CBN rates.

How Much Is Dollar To Naira Exchange Rate Today Official Rate?

June 3 dollar to naira official market exchange rate: $1 dollar to naira =₦ 415.1112 

The exchange rate between the Naira and the US dollar according to the official market forex data showed that the naira opened at ₦ 415.1112 per dollar on Friday, 3 June 2022, after it closed at ₦415.1249 per $1 on Thursday, 2 June 2022.

Thursday 2 June 20221 USD = 415.1249 NGN
Wednesday 1 June 20221 USD = 415.0159 NGN
Tuesday 31 May 20221 USD = 415.161 NGN
Monday 30 May 20221 USD = 415.0555 NGN
Sunday 29 May 20221 USD = 414.9532 NGN
Saturday 28 May 20221 USD = 415.2237 NGN
Friday 27 May 20221 USD = 415.2317 NGN

How much is exchange rate of Dollar to Naira in Black Market today?

June 3 dollar to naira black market exchange rate: $1 dollar to naira =₦605

The Nigeria parallel market (black market dollar exchange rate today) to the Nigerian Naira is as follows: For the Lagos market (black market).

LAGOS PARALLEL MARKET RATES 3 June 2022 (BLACK MARKET): dollar to naira exchange rate today black market

Dollar to Naira (USD to NGN)Black Market Exchange Rate Today
Buying Rate600
Selling Rate605

The local currency opened at N605.00 per $1 at the parallel market otherwise known as the black market, today, Friday, 3 June 2022, in Lagos Nigeria, after it closed at N605.00 per $1 on Thursday, 2 June 2022.

Even though the dollar to naira opened in the parallel market at ₦605 per $1 today, Newsone 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.

Newsone Nigeria reports that on the black market, the players buy a dollar for N600 and sell for N605 on Friday, 3 June 2022, after they bought N600 and sold for N605 on Thursday, 2 June 2022.

Meanwhile, Newsone Nigeria reports that the USD started this week at ₦605 in Parallel Market also known as Black Market on Monday,  30 May 2022, in Lagos Nigeria, after it opened at ₦605 last week Monday, 23 May 2022.

DisclaimerNEWSONE NIGERIA does not set or determine forex rates. The official NAFEX rates are obtained from the website of the FMDQOTC. Parallel market rates (black market rates) are obtained from various sources including online media outlets. The rates you buy or sell forex may be different from what is captured in this article.