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Latest US Dollar To Naira Black Market Rates Today, Thursday, July 28th, 2022 

Dollar to naira exchange rate today

What is the Dollar to Naira Exchange rate at, offical CBN rate, aboki fx and the black market. How much is the Dollar to Naira exchange rate today, 28th July 2022? You convert your dollar to Naira at these rates, or you convert your dollar to Naira at the most recent, official CBN rate, black market or parallel market rate.

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

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The official rate today, Thursday, July 28th, 2022, for $1 dollar to naira = ₦428.00/$1.

According to the data obtained from the FMDQ, where Naira is traded officially, the exchange rate between the naira and the US dollar opened at ₦428.00/$1 on Thursday 28th July, and closed at ₦430.00 to a $1.

US Dollar to Naira Black Market Rate on, 27 July 2022

Dollar to Naira (USD to NGN) Black Market Exchange Rate Today

Buying Rate 610

Selling Rate 700

The US dollar to naira exchange rate changes hourly. The exchange rate fluctuates depending on the volume of dollars available and demand for it. This means the exchange rate you buy and sell the dollar could be different hours later (high or low).

There is a barrage of outrage currently on social media platforms after reports confirmed that the Nigerian currency, the Naira has crashed further in the parallel market.

The exchange rate at the peer-to-peer market depreciated significantly to a record low of N667/$1 in the early hours of Tuesday, representing a 1.72% decline compared to N655.73/$1 recorded on Monday morning.

This was the highest rate recorded in the unofficial market amid a further scarcity of forex in the market.

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