On this post you are going to learn about the Dollar to Naira official exchange rate for today Friday 1 April, 2022.

Dollar to Naira official rate for today, Friday 1 April, 2022.

According to the data gathered at FMDQ Security Exchange where forex is traded officially. The official exchange rate between the naira and the US dollar for today Friday 1 April 2022 opened at 416.25 to $1, after it closed at 416.50 to $1 on Monday, 28th March 2022

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Dollar to Naira black market exchange rate for today, Friday 1 April, 2022.

According to sources at Bureau De Change (BDC), The exchange rate for a dollar to naira at Lagos Black Market; also known as parallel market today Friday 1 April 2022 is that you will buy a dollar for N575 and sell at N580.

Please be notified that the Central Bank of Nigeria (CBN) does not recognise the black market.

And as a result of that has directed individuals who want to engage in Forex not to do business with them but rather to approach their respective banks to buy or sell their dollars.

Trading at the official NAFEX window

The exchange rate at the NAFEX window between the naira and the US dollar opened at ₦415.84 to $1 on 17th March and closed at 416.19 to $1.

According to data from FMDQ, forex daily turnover stands at…

Spot rate: The dollar sold to the naira at the spot rate is as high as ₦444.00 and as low as ₦410.00

A spot exchange rate is the current price level in the market to directly exchange one currency for another, for delivery on the earliest possible value date.

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Last modified: March 31, 2022

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