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


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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