Black Market Dollar To Naira Exchange Rate Today 7th February 2022

The black market dollar to naira conversion rate for today, February 7th 2022, is available below.

IMPORTANT NOTE: The exchange rate fluctuates hourly, depending on the amount of dollars available and the Demands. What this means is that at N570, you can purchase or sell a dollar, and the price can fluctuate (high or low) within hours.

February 7th dollar to naira official market exchange rate: $1 dollar to naira =₦415.50

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 415.51 per dollar on Monday, February 7th, 2022, after closing at 416.33 for $1 on Sunday, February 4th, 2022. This represents a 0.10 percent change.

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

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

LAGOS PARALLEL MARKET RATES February 7th, 2022 (BLACK MARKET): dollar to naira exchange rate today black market

February 7 dollar to naira black market exchange rate: $1 dollar to naira = ₦570

Lagos parallel market (black market dollar exchange rate today)

The parallel market, often known as the black market, in Lagos, Nigeria, began at N570.00 per $1 today Money, 7th February 2022, after closing at N570.00 per $1 on Friday, 6th February 2022.

Despite the fact that the dollar to naira exchange rate opened in the parallel market at 570 for $1 today, the Central Bank of Nigeria (CBN) does not recognize the parallel market, also known as the black market. As a result, anyone in need of currency should contact their bank, with the I&E window being the sole known exchange, according to the apex bank.

players buy a dollar for N565 on the black market and sell for N571 on Monday morning, February 7th, 2022, after buying N565 and selling for N570 on Sunday, February 6th, 2022.

while, the USD began trading this week at 570 in Lagos Nigeria’s Parallel Market, popularly known as the Black Market, on Monay, February 7, 2022, the same amount it began trading last week on Monday, January 31, 2022.

TOUCHAHEART NIGERIA does not set or determine foreign exchange rates.   The official NAFEX rates can be seen on the FMDQOTC’s website. Various sources, including internet media outlets, are used to get parallel market (black market) pricing. The rates you buy or sell forex may be different from what is captured in this article.

 

Meanwhile, North Korean Hackers Have Stolen Millions In Cryptocurrency

In a new report, UN experts claim that North Korean hackers stole more than £37 million in cryptocurrencyfundssd and develop the country’s nuclear and ballistic missile programs.

Pyongyang’s testing and demonstration of new short-range and possibly medium-range missiles, ‘incorporating both ballistic and guidance technologies and using both solid and liquid propellants,’ accelerated in January, according to the annual report by independent sanctions monitors.

Between 2020 and mid-2021, cyber-attacks stole more than £37 million in digital assets from at least three cryptocurrency exchanges in North America, Europe, and Asia, according to investigators.

Experts said that cyber attacks “remain a significant cash source” for Kim Jong UN’s leadership and Pyongyang’s nuclear and missile programs.

North Korea ‘continued to seek material, technology, and know-how for these programs overseas, including through cyber methods and cooperative scientific research,’ according to the report.

On Friday, the report was forwarded to the United Nations Security Council’s North Korea sanctions committee.

Read More: Bitcoin Value Drops As China Declares All Crypto Transactions Illegal

This follows a study from blockchain analysis firm Chain analysis, which claimed that North Korea attempted at least seven attacks on cryptocurrency platforms last year, stealing roughly $400 million in digital assets.

‘From 2020 to 2021, the number of North Korean-linked hacks increased from four to seven, and the value taken from these hacks increased by 40%,’ according to the report, which was issued last month.

According to a 2019 United Nations assessment, North Korea has already been able to spend at least $2 billion on weapons because of cybercrime revenues.

According to a UN assessment, North Korean hackers are increasingly stealing military secrets to sell as part of their money-making schemes.