Dollar To Naira Exchange Rate Today 7 January 2022 can be accessed below.
This is the news about Dollar to Naira rate at the official and black market exchange rate Today January 7, 2022.
Read GoldenNewsNg update on the official dollar rates as well as Black Market rates, Bureau De Change (BDC) rates, and CBN rates.
How Much Is Dollar To Naira Exchange Rate Today January 7, 2022 Official Rate?
The official rate today, Thursday January 7th 2022, for $1 dollar to naira = ₦417.25/$1.
According to the data at the FMDQ Security Exchange where forex is traded officially, exchange rate between the naira and the US dollar opened at ₦417.25/$1 on Friday 6th, after it closed at ₦416.00 to a $1 on Thurdday, 6th January 2022.
How much is exchange rate of Dollar to Naira in Black Market today 7th Jan 2022?
The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N565 and sell at N567 on Friday, January 7th 2022, according to sources at Bureau De Change (BDC).
Please note that the Central Bank of Nigeria (CBN) does not recognise the parallel market (black market), as it has directed individuals who want to engage in Forex to approach their respective banks.
Trading at the official NAFEX window
The exchange rate between the naira and the US dollar opened at ₦417.25/$1 on 7th January 2022 after closing at ₦416.00/$1. Showing a change of -1.49%.
According to data from FMDQ, forex turnover stands at $114.95 million.