Dollar to Naira
Naira-Dollar

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 28, 2022.

Today’s Official Rate Of Dollar To Naira Exchange

The official rate today, Friday, January 27, 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 Friday, January 28, 2022, after it closed at ₦416.33 to a $1 on Thursday, January 27, 2022, going by the data at the FMDQ Security Exchange where forex is traded officially.

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 N567 and sell for N570 on Friday morning, January 27, 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 ₦416.10/$1 on 27th January 2022 and closed at ₦416.33/$1. This shows a difference of 0.02%.

Disclaimer

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

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