Dollar To Naira Exchange Rate Today, Monday January 10, 2022

Dollar to Naira

VANTAGE NEWS is pleased to bring to you news about Dollar to Naira rate both at the official and black market exchange rate Today January 10, 2022.

Today’s Official Rate Of Dollar To Naira Exchange

The official rate today, Monday January 10, for $1 dollar to naira = ₦(yet to be disclosed)/$1.

The exchange rate between the naira and the US dollar opened at ₦(yet to be disclosed)/$1 on Monday January 10, 2022 after it closed at ₦416.00 to a $1 on Friday, January 7, 2022, going by the data at the FMDQ Security Exchange where forex is traded officially.

READ ALSO: Dollar To Naira Exchange Rate Today, Friday January 7, 2022

Today’s Dollar To Naira Exchange At Black Market

Information from Bureau De Change (BDC) indicates that exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) sees players buy a dollar for N562 and sell for N567 on Monday morning, January 10, 2022.

It is important, however, to note that the Central Bank of Nigeria (CBN) does not recognise the parallel market (black market), having directed individuals who want to engage in Forex to approach their respective banks.

Trading At The Official NAFEX Window

The exchange rate between the naira and the US dollar opened at ₦415.70/$1 on 7th January 2022 after closing at ₦416.00/$1. This shows a difference of -1.49%.


Comments expressed here do not reflect the opinions of Vantage News Nigeria or any employee thereof.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.