GoldenNewsNg gathered that 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 N416.15 per dollar on Wednesday, January 12th, 2022, after it closed at 416.50 per $1 on Tuesday, January 11th, 2022 which represents a change of 0.12%.
What is the Exchange Rate of Dollar To Naira in Black Market Today?
LAGOS PARALLEL MARKET RATES Friday, January 14th, 2022 (BLACK MARKET)
The local currency gains massively as the exchange rate for today opens at N560.00 per $1 at the parallel market otherwise known as the black market, today, Friday, 14th January 2022, in Lagos Nigeria, after it closed N568.00 per $1 on Thursday, 13th January 2022.
The Central Bank of Nigeria (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.
According to reports reaching us, the Ikeja Parallel market, Dollar opened at N560.00 per $1 at the parallel market also known as the black market, today, Friday, 14th January 2022, after it closed N567.00 per $1 on Thursday 13th January 2022. which represents a total change of $7.
Meanwhile, other reports coming from the Ajah Lekki Parallel market, Naira opened at N560.00 per $1 at the parallel market also known as the black market, today, Friday, 14th January 2022, in Lagos Nigeria, after it closed N568.00 per $1 on Thursday, 12th January 2022. which represents a total change of $8.
Note: Please note that the exchange rate changes hourly.… it depends on the volume of dollars available and the Demands. What it means is that…you can buy or sell 1 dollar at ₦570 and the price can change (high or low) within hours.
Disclaimer: GoldenNewsNg 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.