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Black Market Dollar To Naira Exchange Rate Today 14th September 2022

Black Market Dollar To Naira Exchange Rate Today

Black market dollar to naira exchange rate today 1h September 2022, can be accessed below.

IMPORTANT NOTE: The exchange rate changes hourly.… it depends on the volume of dollars available and the Demands. It means that..

you can buy or sell 1 dollar at ₦706 and the price can change (high or low) within hours.

WOTHAPPEN has obtained the official dollar to naira exchange rate in Nigeria today including the Black Market rates, Bureau De Change (BDC) rate, and CBN rates.

September 13 dollar to naira official market exchange rate: $1 dollar to naira =₦419.3405

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

Below you can see the chart for the Nigerian Naira rate today compared to the Dollar.

1 USD = 419.3405 NGN
1 Dollars = 419.3405 Nigerian Naira
The USDNGN rate as of 13 Sep 2022 at 10:26 AM

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 ₦419.3405 per dollar on Tuesday, September 13, 2022, after it closed at ₦423.6366 per $1 on Monday, September 12, 2022.

Official dollar to naira exchange rates for the week

Monday 12 September 20221 USD = 423.6366 NGN
Sunday 11 September 20221 USD = 423.6789 NGN
Saturday 10 September 20221 USD = 421.2261 NGN
Friday 9 September 20221 USD = 427.4076 NGN
Thursday 8 September 20221 USD = 425.5103 NGN
Wednesday 7 September 20221 USD = 424.0177 NGN
Tuesday 6 September 20221 USD = 423.9346 NGN

September 13 black market dollar to naira exchange rate: $1 dollar to naira =₦706

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

US Dollar to Naira Black Market Rate Today

Dollar to Naira (USD to NGN)Black market dollar to naira
Buying Rate703
Selling Rate706

The Nigeria parallel market (black market dollar exchange rate today) to the Nigerian Naira is as follows: For the Lagos market (black market).

Lagos parallel market (black market dollar to naira exchange rate today)

The local currency opened at N706.00 per $1 at the parallel market otherwise known as the black market, today, Tuesday, September 13, 2022, in Lagos Nigeria after it closed at N710.00 per $1 on Monday, September 12, 2022. This represents a change in N4 from the previous day.

Even though the dollar to naira opened in the parallel market at ₦706 per $1 today, WOTHAPPEN reports that the Central Bank of Nigeria (CBN) does not recognise 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.

Newsone Nigeria reports that in the black market, the players buy a dollar for N703 and sell for N706 on Tuesday, September 13, 2022, after they bought N707 and sold for N710 on Monday, September 12, 2022. This means the exchange rate changed its position from the previous day.

Meanwhile, Newsone Nigeria reports that the USD started this week at ₦710 in Parallel Market also known as Black Market on Monday, September 12, 2022, in Lagos Nigeria, after it opened at  ₦702 last week Monday, September 5, 2022.

DisclaimerWOTHAPPEN NIGERIA does not set or determine forex rates. The official NAFEX rates are obtained from the website of the FMDQOTC. Parallel market rates (black market rates) are obtained from various sources including online media outlets. The rates you buy or sell forex may be different from what is captured in this article.

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