Dollar To Naira Exchange Rate Today, 9 March 2022

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Dollar To Naira Exchange Rate Today, 9 March 2022

Dollar to naira exchange rate today

This is the news about the Dollar to Naira rate at the official and black market exchange rate.

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

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

The official rate on Tuesday March 8, 2022, for $1 dollar to naira = ₦415.84/$1 which is the opening rate today

According to the data at the FMDQ Security Exchange where forex is traded officially, the exchange rate between the naira and the US dollar opened at ₦415.84/$1 on Tuesday 8th, after it closed at ₦416.34 to a $1 on Monday, 7th March 2022.

How much is a dollar to naira today in the black market?

The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N572 and sell at N577 on Tuesday, March 8th 2022, according to sources at Bureau De Change (BDC).

Please note that the Central Bank of Nigeria (CBN) does not recognize 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 ₦415.84/$1 on 8th March and closed at ₦416.34/$1.

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