Dollar To Naira Exchange Rate Today, 29 April 2022

Dollar To Naira Exchange Rate Today, 29 April 2022

Dollar to Naira rate at the official and black market exchange rate for Thursday, 29th April 2022.

Onyxnewsng brings updates on the official dollar rate in Nigeria as well as Black Market rates, Bureau De Change (BDC) rates, and CBN rates.

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

The official rate today, Thursday, April 28th, 2022, for $1 dollar to naira = ₦417.23/$1.

According to the data obtained from the FMDQ, where Naira is traded officially, the exchange rate between the naira and the US dollar opened at ₦417.23/$1 on Thursday 28th, after it closed at ₦419.33 to a $1 on Wednesday, 27th 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 Thursday, April 28th 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 (USD to NGN) Black Market Exchange Rate Today

Buying Rate is N570

Selling Rate is N589

Trading at the official NAFEX window

The exchange rate between the naira and the US dollar opened at ₦417.23/$1 on 28th April, 2022 and closed at ₦418.50/$1.

Showing a change of -0.20% and a daily turnover of $146.81 million.

According to data from FMDQ, forward rate went as high as ₦453.15 and as low as ₦432.24.