Dollar To Naira Exchange Rate Today (Thur. Aug. 25, 2022)

Dollar To Naira Exchange Rate Today (Thur. Aug. 25, 2022)
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Dollar to naira exchanged on Thursday, August 25, 2022, at (undisclosed) at the Investors & Exporters FX window ( I&E FX Window), where the currencies officially trade.

Going by available data on the window where dollar to naira trades every day, the currency at the central stood at (undisclosed).

This figure in which dollar to naira traded means that the Nigerian currency either gained or lose in value against the dollar, as the foreign exchange (forex) trading closed at N421.89 per $1 on Wednesday, August 24.

How much is the dollar to naira at the black market today?

Bureau De Change (BDC) operators in Lagos were selling dollar to naira for N686 and buying the currency for N680 in the black market in the state.

This publication, however, finds it pertinent to draw to your attention that the Central Bank of Nigeria (CBN) does not recognise the parallel market (black market), as it has directed individuals who want to engage in forex to approach their respective banks.

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