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 29 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 NGN per dollar on, 26 October 2022, after it closed at N437.9815 the previous day, 28 October 2022. This represents a change of 1%.
Below you can see the chart for the Nigerian Naira rate today compared to the Dollar.
| 1 USD = 438 NGN |
| 1 Dollars = 438 Nigerian Naira |
| The USDNGN rate as of 29 Oct 2022 at 11:10 AM |
Below are Naira exchange rates during the week so far
| 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 | |
| Sunday 23 October 2022 | 1 USD = 433.5683 NGN | |
| Saturday 22 October 2022 | 1 USD = 436.6291 NGN |
Exchange Rate of Dollar To Naira in Black Market Today? 29 October 2022.
| Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
| Buying Rate | 780 |
| Selling Rate | 785 |
According to Newsoneng.com, the local currency opened at N785.00 per $1 at the parallel market otherwise known as the black market, today, 29 October 2022, in Lagos Nigeria after it closed at N768.00 per $1 the previous day, 28 October 2022. This represents a change of N17 from the previous day.
NEWS-ONE NIGERIA reports that in the black market, the players buy a dollar for N780 and sell for N785 on Saturday, 29 October 2022, after they purchased N765 and sold for N768 on Friday, 28 October 2022.
Meanwhile, Newsone Nigeria reports that the USD started this week at ₦760 in Parallel Market also known as Black Market on Monday, October 24, 2022, in Lagos Nigeria, after it opened at ₦745 last week Monday, October 17, 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.