Newsone has obtained banks official dollar to naira exchange rate in Nigeria today including the Black Market rates, Bureau De Change (BDC) rate, and CBN rates.
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 ₦428.9489 per dollar on Monday, August 29, 2022, after it closed at ₦425.6643per $1 on Sunday, August 28, 2022.
Below you can see the chart for the Nigerian Naira rate today compared to the Dollar.
| 1 USD = 428.9489 NGN |
| 1 Dollars = 428.9489 Nigerian Naira |
| The USDNGN rate as of 29 Aug 2022 at 5:14 PM |
Exchange Rate of Dollar To Naira in Black Market Today?
The Nigeria black market dollar exchange rate today to the Nigerian Naira is as follows:
| Dollar to Naira (USD to NGN) | Black market dollar to naira |
| Buying Rate | 694 |
| Selling Rate | 697 |
LAGOS PARALLEL MARKET RATES August 23rd, 2022 (BLACK MARKET)
The local currency opened at N697.00 per $1 at the parallel market otherwise known as the black market today Monday, 29 August 2022, in Lagos Nigeria, after it closed at N690.00 per $1 on Sunday, 28 August 2022.
Newsone Nigeria reports that the data obtained from the bureau de change showed that on the black market, the players buy a dollar for N694 and sell for N697 on Monday, August 29, 2022.