Dollar To Naira: Dollar To Naira Traded N660/$1 At Black Market
Nigeria’s national currency, Naira continued to strengthen on the black-market Wednesday, strengthening to N660 per dollar.
This is coming a few days after security personnel stormed a Bureaux De Change (BDC) hub in Abuja in an effort to control the fall of Naira in the Black Market.
Since the start of August, the naira has continued to rise while holding onto its gains amid weak buying pressures of the greenback in Nigeria’s black market.
Recall that at the parallel market last week, the naira traded at N710 to the dollar. This also demonstrated the naira’s increase of N50 to the dollar in a matter of days.
Dollar To Naira: Dollar To Naira Traded N660/$1 At Black Market Wednesday, August 3rd, 2022
Nairametrics reports that since Monday, August 1, the Naira has strengthened against the US Dollar significantly more easily in all facets of the foreign exchange (FX) market.
Convert US Dollar to Nigerian Naira
| USD | NGN |
| 1 USD | 416.404 NGN |
| 5 USD | 2,082.02 NGN |
| 10 USD | 4,164.04 NGN |
| 25 USD | 10,410.1 NGN |
| 50 USD | 20,820.2 NGN |
| 100 USD | 41,640.4 NGN |
| 500 USD | 208,202 NGN |
| 1,000 USD | 416,404 NGN |
| 5,000 USD | 2,082,020 NGN |
| 10,000 USD | 4,164,040 NGN |
| 50,000 USD | 20,820,200 NGN |
Dollar To Naira: Dollar To Naira Traded N660/$1 At Black Market Wednesday, August 3rd, 2022
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