Dollar To Naira Exchange Rate Today 4th January 2022 (See Black Market Rate)

Dollar To Naira Exchange Rate Today 4th January 2022 (See Black Market Rate)

Dollar to Naira exchange rate Today 4th January, black market rate can be also be seen below..

Onyxnewsng has obtained the official dollar-to-naira exchange rate in Nigeria on Tuesday, and the Black Market rates, Bureau De Change (BDC) rate, and CBN rates.

How Much Is Dollar To Naira Exchange Rate Today Official Rate?

The official rate today, Tuesday, 4th January, for $1 dollar to naira = ₦426.25/$1.

According to FMDQ Security Exchange where forex is officially traded, the official exchange rate between the naira and the US dollar opened at ₦426.25/$1 on Tuesday, 4th January 2022, after it closed at ₦435.00 to a $1 on Friday December 31st 2022.

How much is exchange rate of Dollar to Naira in Black Market today?

The exchange rate for a dollar to naira at Lagos and Abuja Parallel Market (Black Market) for today, Tuesday, January 4th sells at ₦569/1$, and buy at ₦574 according to enquiring made from the Bureau De Change (BDC) this morning.

Though, 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.

The exchange rate between the naira and the US dollar opened at ₦420.67/$1 on Friday December 31st 2021 and closed at ₦435.00/$1 on the same day, according to data from FMDQ.

IMPORTANT NOTE: The exchange rate changes hourly.… it depends on the volume of dollars available and the demands. What it means is that…you can buy or sell 1 dollar at ₦565 to ₦575 and the price can change (high or low) within hours.