See How Much Naira Is Exchanged With Dollar Today, 20 April 2022

See How Much Naira Is Exchanged With Dollar Today, 20 April 2022

This is the latest news on the Dollar to Naira exchange rate, both official and black market.

Onyxnewsng brings to you Nigeria’s official dollar rate, as well as Black Market, Bureau De Change (BDC), and Central Bank of Nigeria (CBN) prices.

What Is Today’s Official Dollar To Naira Exchange Rate?

Today, Tuesday, April 19th, 2022, the official rate for $1 to naira is 417.45/$1.

According to data obtained from the FMDQ, where Naira is officially exchanged, the exchange rate between the naira and the US dollar began at 417.45/$1 on Tuesday 19th, after closing at 417.50/$1 on Thursday 14th April 2022.

Onyxnewsng reports that the dollar to naira exchange rate has maintained an average of N416.69 to a dollar since the beginning of the new year.

How much is a 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 N570 and sell at N589 on Tuesday, April 19th 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.

Dollar to Naira Black Market Rate Today

Buying Rate is at 570 while Selling Rate is at 589

Trading at the official NAFEX window

The exchange rate between the naira and the US dollar opened at ₦417.45/$1 on 19th April, 2022 and closed at ₦417.00/$1. Showing a change of -0.12% and a daily turnover of $155.44 million.

According to data from FMDQ, forward rate went as high as ₦453.17 and as low as ₦416.78.