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

by Justice Winner
January 3, 2022
in Economy And Business, Headline
Naira Exchange Rate

Naira

Black market dollar to naira exchange rate today 3rd 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 that…you can buy or sell 1 dollar at ₦560 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 3 dollar to naira official market exchange rate: $1 dollar to naira =₦

 

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 ₦…. per dollar on Monday, 3rd January 2021, after it closed at ₦435.00 per $1 on Friday, 31 December 2021. This represents a change of 0.00%.

 

 

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 3, 2021 (BLACK MARKET): dollar to naira exchange rate today black market

 

Black Market Dollar To Naira Exchange Rate Today 1st January 2022

January 2 dollar to naira black market exchange rate: $1 dollar to naira = ₦560

 

Lagos parallel market (black market dollar exchange rate today)

 

The local currency opened at N560.00 per $1 at the parallel market otherwise known as the black market, today, Monday, 3 December 2021, in Lagos Nigeria after it closed N560.00 per $1 on Sunday, 2nd December 2021.

 

Even though the dollar to naira opened in the parallel market at ₦560 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 1st January 2022
CBN Governor, Godwin Emefiele.

NewsOnline Nigeria reports that at the black market, the players buy a dollar for N555 and sell for N560 on Monday morning, January 3, 2021 after they bought N555 and sold for N560 on Sunday, 2 January 2021.

 

Meanwhile, NewsOnline Nigeria reports that the USD started this week at ₦555 in Parallel Market also known as Black Market on Monday, January 3rd, 2021 in Lagos Nigeria, after it opened at ₦570 last week Monday, December 20, 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.

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Justice Winner

Justice Winner

Justice Winner is a Veteran Nigerian Journalist With Expertise in Writing Nigeria News, Entertainment and Politics. He has a degree in Journalism/Mass Communication Studies. Justice is a dedicated and talented writer committed to producing high-quality content that is authoritative, informative, entertaining, and engaging. Connect with Him on Instagram , Facebook, Twitter, and LinkedIn.

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