Here is the USD to Naira exchange rate for today, January 16, 2024:
Observing the Naira’s performance against various currencies, currency dealers in Abuja Zone 4 market, Nigeria, reported that a dollar was bought at ₦1295 and sold at ₦1280 today, compared to ₦1245 yesterday.
Additionally, the Euro/Naira, the second most traded currency, traded at ₦1380 for buying and ₦1360 for selling in the black market. Simultaneously, the Pound to Naira exchange rate is at ₦1622 for buying and ₦1605 for selling in the black market.
Upon checking local dealers’ reports on forex in Lagos and Abuja, the Dollar to Naira exchange rate remains at 1295 for buying and 1280 for selling.
Dollar to Naira Black Market rates:
– Buying Rate: ₦1295
– Selling Rate: ₦1280
Euro to Naira Black Market rates:
– Buying Rate: ₦1380
– Selling Rate: ₦1360
Pounds to Naira Black Market rates:
– Buying Rate: ₦1622
– Selling Rate: ₦1605
