Dollar To Naira Exchange Rates Today 15 March 2022, See Black Market Rate

Dollar To Naira Exchange Rates Today 15 March 2022, See Black Market Rate

Onyxnewsng shared official dollar to naira exchange rates, including the Black Market rates and Bureau De Change (BDC) rate for today Tuesday 15th March 2022.

The Official Exchange Rate of Dollar To Naira Today

Onyxnewsng gathered that the exchange rate between the Naira and the US dollar according to the data posted on the FMDQ Security Exchange where forex is officially traded, showed that the naira opened at ₦416.19 per dollar on Monday, 14th March 2022, and closed at ₦416.50 to $1 on Friday, 11th March 2022.

Dollar To Naira Exchange Rate in Black Market Today?

LAGOS PARALLEL MARKET RATES Tuesday, March 15th, 2022 (BLACK MARKET)

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

The exchange rate of Dollar to Naira in the Parallel Market Today Tuesday 15th, 2022 = ₦570/$1

The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for ₦570 and sell at ₦573 on Tuesday, March 15th, 2022, according to data obtained from Bureau De Change (BDC).

The local currency maintains stability as the exchange rate for today opens at ₦570.00 per $1 at the parallel market otherwise known as the black market, today, Tuesday, 15th March 2022, in Lagos Nigeria, compared to ₦568 per dollar it closed on Monday 14th March 2022.

Even though the dollar to naira opened in the parallel market at ₦570 per $1 today, Onyxnewsng reports that the Central Bank of Nigeria (CBN) does not recognize the parallel market, otherwise known as the black market. The apex bank has therefore directed anyone who requires forex to approach their bank, insisting that the I&E window is the only known exchange.

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 ₦573 and the price can change (high or low) within hours.