Categories: Economy And Business Headline

Banks Dollar to Naira Exchange Rate Today, August 29, 2022 (Official Rate)

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Banks Dollar to naira exchange rate today August 29, 2022, official rate can be accessed below.

 

 

Newsonline has obtained the official dollar to naira exchange rate in Nigeria today including the Black Market rates, Bureau De Change (BDC) rate, and CBN rates.

 

How Much Is Dollar To Naira Exchange Rate Today Official Rate?

 

The exchange rate between the Naira and the US dollar according to the data posted on the FMDQ Security Exchange where forex is officially traded showed that the naira opened at 422.2  per dollar on Monday, August 29, 2022, after it closed at ₦426.4096 per $1 on Friday, August 25, 2022.

 

Below you can see the chart for the official Nigerian Naira rate today compared to the Dollar

 

1 USD = 422.2 NGN
1 Dollars = 422.2 Nigerian Naira
The USDNGN rate as of 29 Aug 2022 at 12:10 PM

Exchange Rate of Dollar To Naira in Black Market Today?

 

The Nigeria black market dollar exchange rate today to the Nigerian Naira is as follows:

 

Dollar to Naira (USD to NGN) Black market dollar to naira
Buying Rate 692
Selling Rate 692

 

LAGOS PARALLEL MARKET RATES August 28th, 2022 (BLACK MARKET)

 

The local currency opened at N692.00 per $1 at the parallel market otherwise known as the black market, today, Monday, August 29, 2022, in Lagos Nigeria after it closed at N695.00 per $1 on Sunday, August 28, 2022. This represents a change in N4 from the previous day.

 

Newsonline Nigeria reports that the data obtained from the bureau de change showed that on the black market, the players buy a dollar for N692 and sell for N695 on Monday, August 29, 2022.

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