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Current Dollar to Naira Exchange Rate In Nigeria today 29th May 2021 

GoldenNewsNG by GoldenNewsNG
January 11, 2024
in business, Featured, Headline
Reading Time: 2 mins read
BREAKING: Naira Gains slightly At Black Market First Time In 2022, See New Exchange Rate
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Interested in knowing the current Dollar to Naira Exchange Rate In Nigeria today ?  GoldenNewsNg has compiled the current Dollar to Naira exchange rate in Nigeria including the Black Market rates, Bureau De Change (BDC) rate and CBN rates.

How Much Is Dollar To Naira Exchange Rate Today?

The US Dollar to Nigerian naira’s exchange rate today in the parallel market is quite different from the official CBN rate

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:

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N495/$1 in the parallel market (popularly known as black market),

while it traded for N411/$1 at the importer & exporter (I&E) window

CBN Exchange Rates for all currency as at 29 of May 2021

5/28/2021 US DOLLAR 409 409.5 410
5/28/2021 POUNDS STERLING 579.3894 580.0977 580.806
5/28/2021 EURO 497.2213 497.8292 498.437
5/28/2021 SWISS FRANC 453.4368 453.9911 454.5455
5/28/2021 YEN 3.7162 3.7207 3.7252
5/28/2021 CFA 0.7415 0.7515 0.7615
5/28/2021 WAUA 590.1494 590.8708 591.5923
5/28/2021 YUAN/RENMINBI 64.1801 64.259 64.3379
5/28/2021 RIYAL 109.0579 109.1913 109.3246
5/28/2021 SOUTH AFRICAN RAND 29.5877 29.6239 29.6601

 

 

CBN Exchange Rate of Dollar to Naira Today

The current CBN exchange rate of the Dollar to Naira today is: $1 = ₦410

 

Other News On Dollar To Naira Exchange Rate Today

This week, the Nigerian Naira (NGN) has lost about N9 (2.3 per cent) at the black market, according to information on abokiFX.com.

GoldenNewsNg gathered that the decline in naira value at the black market came after the Central Bank of Nigeria (CBN) devaluation of the currency, despite a 262% increase in dollar supply.

On Monday 24, CBN had adopted the Nigerian Autonomous Foreign Exchange (NAFEX) rate dropping the official market rate of N379 per $1.

 

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