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Dollar To Naira Aboki Exchange Rate Today 4th April 2023
Dollar To Naira Aboki Exchange Rate Today 4th April 2023 can be accessed below.
Newsone has obtained the official dollar to the naira exchange rate in Nigeria today, including the Bureau De Change (BDC) rate and CBN rates.
How Much Is Dollar To Naira Exchange Rate Today: Aboki Exchange Rate?
The local currency opened at ₦745.00 per $1 at the parallel market otherwise known as the black market, today, Tuesday, 4 April 2023, in Lagos Nigeria, after it closed at ₦747.00 per $1 on Monday, 3 April 2023. This represents a change of ₦2 from the previous day.
Newsone Nigeria reports that in the black market, the players buy a dollar for ₦740 and sell for ₦745 on Tuesday, 4 April 2023.
| Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
| Buying Rate | N740 |
| Selling Rate | N755 |
What Is The Official Exchange Rate For Dollar To Naira Today?
The exchange rate between the Naira and the US dollar according to the data released on the FMDQ Security Exchange the official forex trading portal showed that the Naira opened at ₦460.2717 per dollar on Tuesday, 4 April 2023, and closed at ₦461.3505 per $1 on Monday, 3 April 2023.
Below you can see the chart for the Nigerian Naira rate today compared to the Dollar
| 1 USD = 460.2717 NGN |
| 1 Dollars = 460.2717 Nigerian Naira |
| The USDNGN rate as of 4 Apr 2023 |
Even though the dollar opened in the parallel market for ₦745 per $1, the 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.
“The only exchange rate remains the I&E window, which is the market we expect everybody who wishes to procure or sell forex to get it,” said the CBN Governor, Godwin Emefiele.
“I am sorry to say that I do not, and I do not intend to recognise any FX in the market.
“Go to your bank. Even if your limit is above what the bank is selling, put it forward, and we will look into it. If you want to sell the dollar, go to your bank and sell it,” he said during a press briefing on September 17, 2021.
Disclaimer: Newsone Nigeria does not set or determine forex rates. The official NAFEX rates are obtained from the website of the FMDQOTC. Parallel 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.
