Dollar To Naira Exchange Rate Today, 01 February 2022

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Dollar to naira exchange rate today

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World Farmers Centre update on the official dollar rates as well as Black Market rates, Bureau De Change (BDC) rates, and CBN rates.

The Parallel exchange rate (black market) exchange rate is always different from the CBN rate. Currently, you can buy or sell 1 dollar at ₦565

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

The official rate today, Tuesday, February 2022, for $1 dollar to naira =₦415.33/$1.

According to the data at the FMDQ Security Exchange where forex is traded officially, exchange rate between the naira and the US dollar opened at ₦415.33/$1 on Tuesday 1st, after it closed at ₦415.33 to a $1 on Monday, 31st January 2022.

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

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The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N560 and sell at N565 on Wednesday, December 29th 2021, according to sources at Bureau De Change (BDC).

Please note that the Central Bank of Nigeria (CBN) does not recognise the parallel market (black market), as it has 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 ₦415.33/$1 on 1st of February 2021 after closing at N415.33/$1. Showing a change of 0.12%.

According to data from FMDQ, forex turnover stands at $95.07 million.

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