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Dollar To Naira: Exchange Rate Between Naira And Dollar Falls To N707/$1 At Black Market On 14th September 2022

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The exchange rate between Nigeria’s national currency, the naira and United States dollar at the parallel market also known as Black Market on Wednesday 14th September 2022 fell to N707/$1, representing a 0.28% depreciation compared to N705/$1 recorded in the previous trading session. This is according to information from black market traders. 

Meanwhile, the exchange rate at the official I&E window has remained stable in the past week, albeit at a high rate as it closed at N436.04/$1 on Tuesday, 13th September 2022. This varies slightly when compared to N436.5/$1 recorded in the previous trading session, Nairametrics reports. 

Naira appreciates slightly at black Market at N677/$1

Naira to dollar exchange

Dollar to Naira Black Market Exchange Rate Today 

A total of $83.71 million was recorded as forex turnover on Tuesday, which is 16.1% lower than the $99.78 million that exchanged hands on Monday.

Dollar to Naira Black Market Rate Today, 14th September 2022

Dollar to Naira (USD to NGN)Black Market Exchange Rate Today
Selling Rate707
Buying Rate677
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