Black Market Dollar To Naira Exchange Rate Today 28th January 2022

Black Market Dollar To Naira Exchange Rate Today 28th January 2022

The black market dollar to naira conversion rate for today, January 28, 2022, is available below.

IMPORTANT NOTE: The exchange rate fluctuates hourly, depending on the amount of dollars available and the Demands. What this signifies is… At 570, you may buy or sell one dollar, and the price can swing dramatically (high or low) within hours.

January 28 dollar to naira official market exchange rate: $1 dollar to naira =₦415.10

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

According to data provided on the FMDQ Security Exchange, where forex is officially exchanged, the naira began at 415.10 per dollar on Friday, January 28th, 2022, after closing at 416.33 for $1 on Thursday, January 27th, 2022. This equals a 0.02 percent change.

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

The Nigeria parallel market (black market dollar exchange rate today) to the Nigerian Naira is as follows: For the Lagos market (black market).

LAGOS PARALLEL MARKET RATES January 28, 2022 (BLACK MARKET): dollar to naira exchange rate today black market

January 28 dollar to naira black market exchange rate: $1 dollar to naira = ₦570

Lagos parallel market (black market dollar exchange rate today)

The local currency opened at N570.00 per $1 at the parallel market otherwise known as the black market, today, Friday, 28 January 2022, in Lagos Nigeria after it closed N569.00 per $1 on Thursday, 27 January 2022.

Even though the dollar to naira opened in the parallel market at ₦570 per $1 today, Newsone reports that the Central Bank of Nigeria (CBN) does not recognise the parallel market, otherwise known as the black market. The apex bank has therefore directed anyone who requires forex to approach their bank, insisting that the I&E window is the only known exchange.

Touchaheart Nigeria reports that at the black market, the players buy a dollar for N565 and sell for N570 on Friday morning, January 28, 2022 after they bought N564 and sold for N569 on Thursday morning, January 27, 2022.

Meanwhile, the USD started this week at ₦570 in Parallel Market also known as Black Market on Monday, January 24, 2022 in Lagos Nigeria, same amount it opened at last week Monday, January 17, 2022.

Disclaimer: Touchaheart Nigeria does not set or determine forex rates. The official NAFEX rates are obtained from the website of the FMDQOTC. Parallel market rates (black market rates) are obtained from various sources including online media outlets. The rates you buy or sell forex may be different from what is captured in this article.