Dollar To Naira Today, See Exchange Rate 26th August, 2022
IMPORTANT NOTE: the exchange rate is subject to hourly fluctuations depending on the amount of dollars available and the level of demand. It indicates that… The price of 1 dollar can be bought or sold for 695, and it can go up or down within hours.
Touchaheart reports that the black market dollar to naira exchange rate today between Nigeria and the Nigerian Naira is as follows: for the market in Lagos (black market).
August 26th dollar to naira black market exchange rate: $1 dollar to naira = 695
August 26 dollar to naira official market exchange rate: $1 dollar to naira =₦ 426.4096
The local currency closed on Thursday morning, August 25 2022, at N695 per $1, and it started today, Friday, August 26, 2022, at N695 per $1 on the parallel market, also referred to as the black market, in Lagos, Nigeria.
Touchaheart reports that the Central Bank of Nigeria (CBN) does not acknowledge the parallel market, sometimes known as the black market, the dollar to naira exchange rate opened at 695 for $1 today. As a result, the central bank advised anyone in need of foreign currency to contact their bank, reiterating that the I&E window is only known exchange.
Touchaheart Nigeria reports that on the black market, the players buy a dollar for N690 and sell for N695 on Friday, August 26, 2022, after they bought N690 and sold for N695 on Thursday, 25 August 2022.
Meanwhile, Touchaheart Nigeria reports that the USD started this week at ₦687 in Parallel Market also known as Black Market on Monday, 22 August 2022, in Lagos Nigeria, after it opened at ₦685 last week Monday 15 August 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.
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