Newsone Nigeria 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 31 October 2022 Official Rate?
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 438.2974 NGN per dollar on, 31 October 2022, after it closed at N438.183 the previous day, 30 October 2022.
Below you can see the chart for the Nigerian Naira rate today compared to the Dollar.
| 1 USD = 438.2974 NGN |
| 1 Dollars = 438.2974 Nigerian Naira |
| The USDNGN rate as of 31 Oct 2022 at 6:06 PM |
Below are Naira exchange rates during the week so far
| Sunday 30 October 2022 | 1 USD = 438.183 NGN | |
| Saturday 29 October 2022 | 1 USD = 438.0188 NGN | |
| Friday 28 October 2022 | 1 USD = 437.9815 NGN | |
| Thursday 27 October 2022 | 1 USD = 435.0942 NGN | |
| Wednesday 26 October 2022 | 1 USD = 434.6719 NGN | |
| Tuesday 25 October 2022 | 1 USD = 436.7355 NGN | |
| Monday 24 October 2022 | 1 USD = 438.0184 NGN |
Exchange Rate of Dollar To Naira in Black Market Today? 31 October 2022.
| Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
| Buying Rate | 805 |
| Selling Rate | 815 |
According to Newsoneng.com, the local currency opened at N815.00 per $1 at the parallel market otherwise known as the black market, today, 31 October 2022, in Lagos Nigeria after it closed at N800.00 per $1 the previous day, 30 October 2022. This represents a change of N15 from the previous day.
NEWS-ONE NIGERIA reports that in the black market, the players buy a dollar for N805 and sell for N815 on Monday, 31 October 2022, after they purchased N790 and sold for N800 on Sunday, 30 October 2022.
Meanwhile, Newsone Nigeria reports that the USD started this week at ₦815 in Parallel Market also known as Black Market on Monday, October 31, 2022, in Lagos Nigeria, after it opened at ₦760 last week Monday, October 24, 2022.
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 (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.