This is a news about Dollar To Naira Exchange Rate For today 2nd February 2022.
According to the data gathered at FMDQ Security Exchange where forex is traded officially. The official exchange rate between the naira and the US dollar for today Wednesday, 2 February 2022 opened at ₦415.21 to $1, after it closed at ₦416.38 to $1 on Tuesday, 1 February 2022.
Dollar to Naira black market exchange rate for today, Wednesday, 2 February 2022.
According to sources at Bureau De Change (BDC), The exchange rate for a dollar to naira at Lagos Black Market; also known as parallel market today Wednesday, 2 February 2022 is that you will buy a dollar for N567 and sell at N570.
Please be notified that the Central Bank of Nigeria (CBN) does not recognise the black market.
And as a result of that has directed individuals who want to engage in Forex not to do business with them but rather to approach their respective banks to buy or sell their dollars.
Exchange rate at the official NAFEX window
The exchange rate at the NAFEX window on Wednesday, 2 February opens at ₦426.25 to $1 after closing at ₦435.00 to $1 yesterday.
This shows a change of 1.33%
According to data gathered from FMDQ, forex turnover stands at $136.90 million.
Meanwhile, Naira Gains At P2P And Official Markets FX turnover drops to two-week low
GoldenNewsNg reports that the exchange rate between the naira and the US dollar closed at N416/$1 at the Investors and Exporters (I&E) window, where forex is traded officially.
Naira gained against the US dollar on Friday to its highest level during the week to close at N416/$1, representing a 0.08% appreciation compared to N416.33/$1 recorded in the previous trading session, indicating a year-to-date average rate of N416.62/$1.
Similarly, exchange rate at the Peer-to-Peer (P2P) market appreciated significantly to its highest level in over three weeks, trading at N570/$1 in the early hours of Monday 31st January 2022.