Dollar To Naira Exchange Rate Today September 12, 2022

Dollar To Naira Exchange Rate Today September 12, 2022

Today, September 12, 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 710 won.

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

September 12 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 = 424.7234

Nigerian NairaThe USDNGN rate as of 12 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 ₦424.7234 per dollar on Monday, September 12, 2022, after it closed at ₦423.6789per $1 on Sunday, September 11, 2022.

September 12 black market dollar to naira exchange rate: $1 dollar to naira =₦710

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 12, 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 N710.00 per $1 at the parallel market otherwise known as the black market, today, Monday, September 12, 2022, in Lagos Nigeria after it closed at N706.00 per $1 on Sunday, September 11, 2022. This represents a change in N4 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 N707 and sell for N710 on Monday, September 12, 2022, after they bought N703 and sold for N706 on Friday, September 11, 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 12, 2022, at 702 after opening at 697 the week prior, on Monday, September 5, 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.