Dollar to Naira CBN Rate Today
Dollar to Naira (USD to NGN) CBN Rate Today
Buying Rate N1605
Selling Rate N1606
Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.
Naira Fights Back Against US Dollar At Official Market
The Nigerian currency, the Naira, experienced an appreciation in the official market, with a trading rate of ₦1,607.15 per US dollar.
Dollar to Naira Black Market Rate Today
Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Buying Rate N1600
Selling Rate N1607
Dollar to Naira Exchange rate at the black (parallel market) yesterday
Dollar to naira exchange rate today at the black market yesterday
Exchange rate for a dollar to naira at Lagos Parallel Market (Black Market)
Players bought one dollar for N1600 and sold at N1607 on Tuesday 6th August 2024, 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.
Data from the FMDQ Exchange, which manages the Nigerian Autonomous Foreign Exchange Market (NAFEM), indicated that the naira improved by ₦9.93.
This marks a gain of 0.61 percent compared to the previous trading day on August 2, when the exchange rate was ₦1,617.08 to the dollar.
However, the total daily turnover declined, falling to 77.09 million dollars on Monday, a decrease from the 131.55 million dollars recorded on August 2.
In the Investor’s and Exporter’s (I&E) window, the naira fluctuated between ₦1,620.50 and ₦1,570.00 against the dollar.
Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.
Naira Fights Back Against US Dollar At Official Market
The Nigerian currency, the Naira, experienced an appreciation in the official market, with a trading rate of ₦1,607.15 per US dollar.
This marks a gain of 0.61 percent compared to the previous trading day on August 2, when the exchange rate was ₦1,617.08 to the dollar.
However, the total daily turnover declined, falling to 77.09 million dollars on Monday, a decrease from the 131.55 million dollars recorded on August 2.
In the Investor’s and Exporter’s (I&E) window, the naira fluctuated between ₦1,620.50 and ₦1,570.00 against the dollar.
From NaijaNews
