The black market dollar to naira conversion rate for today, February 8th 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 N572, you can purchase or sell a dollar, and the price can fluctuate (high or low) within hours.
February 8th dollar to naira official market exchange rate: $1 dollar to naira =₦415.42
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 415.42 per dollar on Monday, February 8th, 2022, after closing at 415.60 for $1 on Sunday, February 7th, 2022. This represents a 0.04 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).
Read More: Black Market Dollar To Naira Exchange Rate Today 7th February 2022
LAGOS PARALLEL MARKET RATES February 8th, 2022 (BLACK MARKET): dollar to naira exchange rate today black market
February 8 dollar to naira black market exchange rate: $1 dollar to naira = ₦572
Lagos parallel market (black market dollar exchange rate today)
The parallel market, often known as the black market, in Lagos, Nigeria, began at N572.00 per $1 today Money, 8th February 2022, after closing at N571.00 per $1 on Friday, 7th February 2022.
Despite the fact that the dollar to naira exchange rate opened in the parallel market at 572 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 N567 on the black market and sell for N572 on Monday morning, February 8th, 2022, after buying N566 and selling for N571 on Sunday, February 7th, 2022.
while, the USD began trading this week at 571 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.