 Dollar To Naira exchange official rate todayÂ
The official rate today, Wednesday, March 9, 2022, for $1 dollar to naira = ₦416.02/$1.
According to the data at the FMDQ Security Exchange where forex is traded officially, the exchange rate between the naira and the US dollar opened at ₦416.02/$1 on Wednesday 9th, after it closed at ₦416.34 to a $1 on Tuesday, 8th March 2022.
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The dollar to naira exchange rate has maintained an average of N416.69 to a dollar since the beginning of the new year.
Dollar to naira today in the black market
The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N572 and sell at N577 on Wednesday, March 9th 2022, according to sources at Bureau De Change (BDC). Please note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market), as it has directed individuals who want to engage in Forex to approach their respective banks. (NN)
