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Dollar To Naira Black Market Exchange Rate Today- 17th August 2022

 …see Black Market rate today.

Lagos Post Online obtained the official dollar to naira exchange rate in Nigeria today including the Black Market rates, Bureau De Change (BDC) rate, and CBN rates.

August 17 dollar to naira official market exchange rate: $1 dollar to naira =₦ 419.2069

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

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

1 USD = 419.2069 NGN

1 Dollars = 419.2069 Nigerian Naira

The USD to NGN rate as of 17 Aug 2022 

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 ₦ 419.2069 per dollar on Wednesday, 17th August 2022, after it closed at ₦423.1997 per $1 on Tuesday, 16th August 2022.

August 17 dollar to naira black market exchange rate: $1 dollar to naira = ₦680

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

US Dollar to Naira Black Market Rate Today

Dollar to Naira (USD to NGN)    Black market dollar to naira

Buying Rate    N678

Selling Rate    N680

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 August 17, 2022 (BLACK MARKET): dollar to naira exchange rate today black market.

Black Market Dollar To Naira Exchange Rate Today.

Lagos parallel market (black market dollar exchange rate today)

The local currency opened at N680.00 per $1 at the parallel market otherwise known as the black market, today, Wednesday, 17 August 2022, in Lagos Nigeria after it closed N680.00 per $1 on Tuesday, 16 August 2022.

Even though the dollar to naira opened in the parallel market at ₦680 per $1 today, the Central Bank of Nigeria (CBN) does not recognise the parallel market, otherwise known as the black market. 

The apex bank has therefore directed anyone who requires forex to approach their bank, insisting that the I&E window is the only known exchange.


Lagos Post Online

Publisher, Lagos Post Online, Lagos Post is an online publication that seeks to provide fair, unbiased, credible, balanced and useful information about Corporate Organisations, Governments and the General Public by breaking news in Business, Politics, Arts, Entertainment, Culture, and Sports in Nigeria, Africa and the World. As a global news portal, we continually stand for responsible journalism and sound media practice. Mobile: +238025837037 Email: lagospostng@gmail.com

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