Black Market Dollar To Naira Exchange Rate, September 6, 2022

Black Market Dollar to Naira Exchange Rate, September 6, 2022

Today, September 6, 2022, Dollar to Naira exchange rate can be accessed below.

Please take note that the exchange rate is subject to hourly fluctuations depending on the amount of dollars available and the level of demand. The price can change (high or low) within hours, and you can buy or sell a dollar at 702 won.

The official dollar to naira exchange rate in Nigeria as of today, including Black Market, Bureau De Change (BDC), and CBN rates, has been obtained by Touchaheart.

September 6 dollar to naira official market exchange rate: $1 dollar to naira =₦428.9412

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

Below you can see the chart for the Nigerian Naira rate today compared to the Dollar.

1 USD = 428.9412 NGN1 Dollars = 428.9412

Nigerian NairaThe USDNGN rate as of 6 Sep 2022 at 12:47 PM

The exchange rate between the Naira and the US dollar according to the data posted on the FMDQ Security Exchange where forex is officially traded showed that the naira opened at ₦428.9412 per dollar on Tuesday, September 6, 2022, after it closed at ₦422.6022per $1 on Monday, September 5, 2022.

September 6 black market dollar to naira exchange rate: $1 dollar to naira =₦702

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

US Dollar to Naira Black Market Rate 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 September 6, 2022 (BLACK MARKET): dollar to naira exchange rate today black market

Lagos parallel market (black market dollar to naira exchange rate today)

The local currency opened at N702.00 per $1 at the parallel market otherwise known as the black market, today, Tuesday, September 6, 2022, in Lagos Nigeria after it closed at N700.00 per $1 on Monday, September 5, 2022. This represents a change in N2 from the previous day.

Even though, TOUCHAHEART reports that the Central Bank of Nigeria (CBN) does not recognize the parallel market, sometimes known as the black market, the dollar to naira exchange rate opened at 702 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 the only known exchange.

Touchaheart Nigeria reports that in the black market, the players buy a dollar for N699 and sell for N702 on Tuesday, September 6, 2022, after they bought N698 and sold for N700 on Friday, September 2, 2022. This means the exchange rate changed its position from the previous day.

Touchaheart Nigeria reports that the USD launched this week on Monday, September 5, 2022, at 702 after opening at 697 the week prior, on Monday, August 29, 2022, in Lagos, Nigeria’s Parallel Market, popularly known as the Black Market.

Disclaimer: TOUCHAHEART NIGERIA does not establish or determine exchange rates. The FMDQOTC website is where you can find the official NAFEX rates. Rates on the parallel market (also known as the black market) are gathered from a variety of sources, including internet media publications. The exchange rates at which you purchase or sell currency may vary from those described in this article.