Dollar To Naira Exchange Rate Today, Wednesday April 6, 2022

Dollar to Naira
Exchange office clerk counts U.S. dollars in Istanbul. Onur Coban/Anadolu Agency/Getty Images

VANTAGE NEWS is pleased to bring to you news about Dollar to Naira rate both at the official and black market exchange rate Today April 6, 2022.

Today’s Official Rate Of Dollar To Naira Exchange

The official rate for Tuesday, April 5, 2022, for $1 dollar to naira = ₦415.92/$1.

The exchange rate between the naira and the US dollar opened at ₦415.72/$1 on Tuesday, April 5, 2022, after it closed at ₦416.63 to $1 on Monday, April 4, 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 N580 and sell for N595 on Tuesday, April 5, 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.


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

See also  Application Portal For N75bn Nigeria Youth Investment Fund Now Open (Apply)

Leave a Reply

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