Categories: Economy And Business Headline

Banks Dollar to Naira Exchange Rate Today, September 5, 2022 (Official Rate)

Advertisement
Advertisement

Banks Dollar to naira exchange rate today September 5, 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 N444/$1  per dollar on Monday, September 5, 2022, after it closed at N431.5/$1 per $1 on Friday, September 2, 2022.

 

Below you can see the chart for the official Nigerian Naira rate today compared to the Dollar Monday, September 5th 2022

 

1 USD = 444 NGN
1 Dollars = 444 Nigerian Naira
The USDNGN rate as of 5 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 700
Selling Rate 705

 

LAGOS PARALLEL MARKET RATES September 5, 2022 (BLACK MARKET)

 

The local currency opened at N705.00 per $1 at the parallel market otherwise known as the black market, today, Monnday, September 5, 2022, in Lagos Nigeria, after it closed at N695.00 per $1 on Sunday, September 4, 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 N700 and sell for N705 on Monday, September 5th, 2022.

 

Trading at the official NAFEX window

The exchange rate at the official market closed at N431.5/$1 to a dollar on Friday, 2nd September 2022, from N430/$1 recorded in the previous trading session.

  • The opening indicative rate closed at N429.1/$1 on Friday, 2nd September 2022, compared to N429/$1 recorded in the previous day.
  • Furthermore, an exchange rate of N444/$1 was the highest rate recorded during intra-day trading before it settled at N431.5/$1, while it traded as low as N418/$1 during intra-day trading.
  • A total of $93.54 million in FX value was traded in the Investors and Exporters window on Friday which is 25.25% higher than $74.68 million that exchanged hands the previous day.
Advertisement
NewsOnline Nigeria

Recent Posts

  • Top Stories

Direct Link To Watch All Baltasar Engonga 400 Videos With Government Officials Wives

Direct link to watch all the Baltasar Engonga 400 videos with government officials wives, children…

5 hours ago
  • Headline

BREAKING: FG Orders Julius Berger To Vacate Abuja-Kano Road Project

FG has ordered Julius Berger to vacate Abuja-Kano Road Project.   NewsOnline Nigeria reports that…

10 hours ago
  • Crime Watch
  • Headline

BREAKING: New Terrorist Group, LAKURAWAS Springs Up In North

A new Terrorist Group, LAKURAWAS has sprung up in the North.   NewsOnline Nigeria reports…

11 hours ago
  • Headline
  • World

BREAKING: First US Presidential Election Result Emerges

The first US Presidential Election Result has emerged.   NewsOnline Nigeria reports that voting in…

11 hours ago
  • Crime Watch
  • Headline

BREAKING: FG Releases Minors Charged With Treason For Protesting Against Hunger

FG has released minors charged with treason for protesting against hunger in Northern Nigeria.  …

11 hours ago
  • Exchange Rates

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 5th November 2024

The black market dollar to Naira exchange rate on Tuesday 5th November 2024 can be…

11 hours ago