• About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Monday, June 2, 2025
NewsOnline Nigeria
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
No Result
View All Result
NewsOnline Nigeria
No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
Home Economy And Business

Black Market Dollar To Naira Exchange Rate Today 3rd February 2022

by NewsOnline Nigeria
February 3, 2022
in Economy And Business, Headline
0
naira

Naira

Black market dollar to naira exchange rate today 3rd 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 ₦570 and the price can change (high or low) within hours.

 

February 3rd dollar to naira official market exchange rate: $1 dollar to naira =₦415.10

 

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 ₦415.50 per dollar on Thursday, 3rd February 2022, after it closed at ₦416.25 per $1 on Wednesday, 2nd February 2022. This represents a change of 0.10.

 

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 3rd, 2022 (BLACK MARKET): dollar to naira exchange rate today black market

 

Black Market Dollar To Naira Exchange Rate Today 20th January 2022

February 3rd dollar to naira black market exchange rate: $1 dollar to naira = ₦570

 

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, 3rd February 2022, in Lagos Nigeria, after it closed N570.00 per $1 on Wednesday, 3rd February 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.

 

Black Market Dollar To Naira Exchange Rate Today 20th January 2022
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, February 3rd, 2022 after they bought N565 and sold for N570 on Wednesday morning, Febryary 2nd.

 

 

Meanwhile, Newsonline Nigeria reports that the USD started this week at ₦570 in Parallel Market also known as Black Market on Monday, January 31, 2022 in Lagos Nigeria, same amount it opened at last week Monday, January 24, 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.

Previous Post

Twitter Users Mobilize For Peter Obi Ahead 2023 Presidential Election

Next Post

BREAKING: FG Names Fresh 96 Boko Haram And ISWAP Money Bags (Full List)

Next Post
Boko Haram

BREAKING: FG Names Fresh 96 Boko Haram And ISWAP Money Bags (Full List)

NEWSONLINE NIGERIA

Get the Latest Naija News, Breaking News, Top Stories, World News, Business, Politics & Entertainment from NewsOnline Nigeria.

RELEVANT PAGES

  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy

ALERT US

Important Press Releases, Special Investigations: admin@newsonlineng.com

OFFICE ADDRESS

13 Poland Street, London, United Kingdom (UK)

Copyright © 2025 NewsOnline Nigeria

No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports

Copyright © 2023 Newsonline Nigeria