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.
The exchange rate between the Naira and the US dollar according to the official market forex data showed that the naira opened at ₦415.814 per dollar on Sunday, 5 June 2022, after it closed at ₦415.8305 per $1 on Saturday, 4 June 2022.
| Saturday 4 June 2022 | 1 USD = 415.8305 NGN | |
| Friday 3 June 2022 | 1 USD = 415.1123 NGN | |
| Thursday 2 June 2022 | 1 USD = 415.1249 NGN | |
| Wednesday 1 June 2022 | 1 USD = 415.0159 NGN | |
| Tuesday 31 May 2022 | 1 USD = 415.161 NGN | |
| Monday 30 May 2022 | 1 USD = 415.0555 NGN | |
| Sunday 29 May 2022 | 1 USD = 414.9532 NGN |
How much is dollar to naira today in black market? Dollar to naira exchange rate today black market.(Aboki dollar rate Today in Nigeria):
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 5 June 2022 (BLACK MARKET): dollar to naira exchange rate today black market
| Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
| Buying Rate | 600 |
| Selling Rate | 605 |
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 N609.00 per $1 on Saturday, 4 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 Sunday, 5 June 2022, after they bought N605 and sold for N609 on Saturday, 4 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.