Dollar to Naira exchange rate today
1 USD = 414.58 NGN
5 USD = 2,072.90 NGN
10 USD = 4,145.80 NGN
Naira to Dollar exchange rate today
1 NGN = 0.0024 USD
5 NGN = 0.012 USD
10 NGN = 0.024 USD
Dollar to Naira exchange rate at the black market today
Naira gains against dollar after CBN discards IMF, World Bank reform advice
Major currencies exchange rate
1 dollar = 587
1 pound = 780
1 Euro = 640
1 Sefa = 950
1 Saudi Riyad = 158
1 Dirham = 160
Dailynews24 interviewed Managing Director of Twilight BDC, Sulaiman Muhammad said some currencies has dropped in price due to low of international travelers, which most of them are in Hajj.
“Dollar dropped with 3 Naira last week dollar was sold at 590 to 591, while currently is 587.
“Also Saudi Riyad dropped with 10 to 12 naira, last week was 170 per Riyad and now sold at 158”. He said.
Challenges facing BDC market, Sulaiman shares light
- Government Policy
- Circulation of fake news on false price
- Commercial Banks
Exchange rate for a dollar to naira at Kano Bureau De Change (Black Market) players sell at N587.
He disclosed that demand pulls price up and if demand is low the price also falls.
