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 data posted on the FMDQ Security Exchange where forex is officially traded showed that the naira opened at N420.3708 per dollar on Monday, August 22, 2022, after it closed at N420.3937 per $1 on Sunday, August 21, 2022.
Below you can see the chart for the Nigerian Naira rate today compared to the Dollar.
| 1 USD = 420.3708 NGN |
| 1 Dollars = 420.3708 Nigerian Naira |
| The USDNGN rate as of 22 Aug 2022 at 6:00 AM |
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 | 684 |
| Selling Rate | 687 |
LAGOS PARALLEL MARKET RATES August 20th, 2022 (BLACK MARKET)
The local currency opened at N687.00 per $1 at the parallel market otherwise known as the black market, today, Monday, August 22, 2022, in Lagos Nigeria after it closed at N685.00 per $1 on Sunday, August 21, 2022. This represents a change of N2 from the previous day.
Newsone Nigeria reports that the data obtained from the bureau de change”, showed that on the black market, the players buy a dollar for N684 and sell for N687 on Monday, August 22, 2022.