Economy And Business

Black Market Dollar To Naira Exchange Rate Today 15th February 2022

Black market dollar to naira exchange rate today 15th February 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 that…you can buy or sell 1 dollar at ₦575 and the price can change (high or low) within hours.

 

 

February 15th dollar to naira official market exchange rate: $1 dollar to naira =₦415.76

 

 

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 ₦415.76 per dollar on Tuesday, 15 February 2022, after it closed at ₦416.67 per $1 on Monday, 14 February 2022. This represents a change of 0.16%.

 

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 February 15, 2022 (BLACK MARKET): dollar to naira exchange rate today black market

 

February 15 dollar to naira black market exchange rate: $1 dollar to naira = ₦575

 

Lagos parallel market (black market dollar exchange rate today)

 

The local currency opened at N575.00 per $1 at the parallel market otherwise known as the black market, today, Tuesday, 15 February 2022, in Lagos Nigeria after it closed N575.00 per $1 on Monday morning, February 14.

 

Even though the dollar to naira opened in the parallel market at ₦575 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.

Newsonline Nigeria reports that at the black market, the players buy a dollar for N570 and sell for N575 on Tuesday morning, February 15, 2022 after they bought N570 and sold for N575 on Monday morning, February 14.

 

Meanwhile, Newsonline Nigeria reports that the USD started this week at ₦575 in Parallel Market also known as Black Market on Monday, February 14, 2022 in Lagos Nigeria, after it opened at 571 last week Monday, February 7, 2022. A change of N0.

 

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.

NewsOnline Nigeria

Recent Posts

  • Headline

Tinubu Whereabouts Unknown Six Days After WEF Forum Ended In Saudi Arabia

President Tinubu whereabouts have remained unknown to the public six days after the WEF Forum…

9 hours ago
  • Opinion
  • Tech

President Tinubu Must Keep His Campaign Promise On Nigerian Crypto Industry

Nigerian young resident population now feels more mistrust and bewilderment, because of the FG’s recent…

9 hours ago
  • Crime Watch
  • Top Stories

Wike, Others Risks Arraignment Over Inability To Account For N5.9 Trillion, $4.6bn Loans

Wike among others risks arraignment over inability to account for N5.9 Trillion and $4.6bn Loans.…

9 hours ago
  • Crime Watch
  • Headline

BREAKING: EFCC Speaks On Viral List of Former Governors Being Investigated For Fraud

EFCC has spoken on the viral list of Former Governors being investigated for alleged fraud,…

9 hours ago
  • Economy And Business
  • Headline

BREAKING: FG Move To Ban $57bn Crypto Businesses In Bid To Rescue Naira

FG has moved to ban the $57bn Crypto Businesses in bid to rescue the Naira.…

12 hours ago
  • Brands & Marketing

Zenith Bank and AfCFTA Launch Innovative Smart Trade Portal

Zenith Bank and AfCFTA have launched an innovative smart trade portal.   NewsOnline Nigeria reports…

12 hours ago