Economy And Business

Black Market Dollar To Naira Exchange Rate Thursday, January 13th, 2022

Advertisement
Advertisement

Black market dollar to naira exchange rate today 13th January 2022 can be accessed below.

 

 

IMPORTANT NOTE: Please note that the exchange rate changes hourly.… it depends on the volume of dollars available and the Demands. What it means is thatyou can buy or sell 1 dollar at ₦570 and the price can change (high or low) within hours.

 

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.

 

January 13 dollar to naira official market exchange rate: $1 dollar to naira =₦417.25

 

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 ₦416.25 per dollar on Thursday, 13 January 2022, after it closed at ₦416.00 per $1 on Wednesday, 12 January 2022This represents a change of -0.37%.

 

How much is exchange rate of Dollar to Naira in Black Market today?

 

The Nigeria parallel market (black market dollar exchange rate today) to the Nigerian Naira is as follows: For the Lagos market (black market).

 

LAGOS PARALLEL MARKET RATES January 13, 2022 (BLACK MARKET): dollar to naira exchange rate today black market

 

January 13 dollar to naira black market exchange rate: $1 dollar to naira = ₦567

 

Lagos parallel market (black market dollar exchange rate today)

 

The local currency opened at N570.00 per $1 at the parallel market otherwise known as the black market, today, Thursday, 13 January 2022, in Lagos Nigeria, after it closed N570.00 per $1 on Wednesday, 12 January 2022.

 

 

Even though the dollar to naira opened in the parallel market at ₦570 per $1 today, Newsonline reports that the Central Bank of Nigeria (CBN) does not recognise the parallel market, otherwise known as the black market. The apex bank has therefore directed anyone who requires forex to approach their bank, insisting that the I&E window is the only known exchange.

 

CBN Governor, Godwin Emefiele.

Newsonline Nigeria reports that at the black market, the players buy a dollar for N565 and sell for N570 on Thursday morning, January 13, 2022, after they bought N562 and sold for N570 on Wednesday morning, January 12.

 

 

Meanwhile, Newsonline Nigeria reports that the USD started this week at ₦570 in Parallel Market also known as Black Market on Monday, January 10, 2022 in Lagos Nigeria, after it opened at ₦560 last week Monday, January 3, 2021.

 

Disclaimer: NEWSONLINE NIGERIA does not set or determine forex rates. The official NAFEX rates are obtained from the website of the FMDQOTC. Parallel market rates (black market rates) are obtained from various sources including online media outlets. The rates you buy or sell forex may be different from what is captured in this article.

Advertisement
NewsOnline Nigeria

Recent Posts

  • Exchange Rates

BREAKING: Sani Fagge Exposes Cabals Misleading President Tinubu

Sani Fagge has exposed cabals misleading and shielding President Tinubu from Nigerians' suffering.   NewsOnline…

6 hours ago
  • Crime Watch

BREAKING: Tinubu Government Moves To Extradite Simon Ekpa Suffers Major Setback

President Tinubu Government's move to extradite Simon Ekpa has suffered a major setback.   NewsOnline…

6 hours ago
  • Exchange Rates

BREAKING: FG Speaks On Sacking Civil Servants With Benin Republic, Togo University Certificates

FG has spoken on sacking civil servants with Benin Republic and Togo University Certificates.  …

6 hours ago
  • Exchange Rates

BREAKING: Governor Okpebholo Appoints Sulaiman Aledeh New MD Of EBS TV, Radio

Governor Okpebholo has appointed Sulaiman Aledeh New MD Of EBS TV and Radio.   NewsOnline…

6 hours ago
  • Sports

Premier League 2025/26 Season Start Dates, Fixtures Announced (FULL LIST)

Premier League 2025/26 Season Start Dates and Fixtures have been announced.   NewsOnline Nigeria reports…

16 hours ago
  • Economy And Business

BREAKING: Nigeria Labour Congress Insists On Embarking On Nationwide Strike

Nigeria Labour Congress has insisted on embarking on a nationwide strike over the new minimum…

17 hours ago