Economy And Business

Banks Dollar to Naira Exchange Rate Today, September 16, 2022 (Official Rate)

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Banks Dollar to naira exchange rate today September 16, 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 at the official I&E window depreciated slightly to close at N436.5/$1 on Wednesday, 14th September 2022 from N436.04/$1 recorded on Tuesday. The depreciation in the closing exchange rate is following the 21.22% decline in the amount of FX traded in the I&E window.

Below you can see the chart for the official Nigerian Naira rate today Friday, September 16 2022

1 USD = 436.5 NGN
1 Dollars = 436.5 Nigerian Naira
The USDNGN rate as of 16 September 2022

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 703
Selling Rate 706

LAGOS PARALLEL MARKET RATES September 16 2022 (BLACK MARKET)

The local currency opened at N706.00 per $1 at the parallel market otherwise known as the black market, today, Friday, September 16, 2022, in Lagos Nigeria, after it closed at N706.00 per $1 on Thursday, September 15, 2022.

 

Newsonline Nigeria reports that the data obtained from the bureau de change showed that on the black market, the players buy a dollar for N703 and sell for N706 on Friday, September 16, 2022.

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