BREAKING: Naira Gains Against Dollar, See Exchange Rate Today

Naira has gained against dollar with exchange rate today.

Eko Hot Blog reports that Nigerian currency, Naira clinched a meagre gain against the U.S. dollar at the official market on Tuesday, February 22, 2022, extending its appreciation at the spot market segment to a second day.

This online news platform understands that dollar to naira exchange rate at the official market closed at N416.00 on the dot per $1 on Tuesday, a N0.67 or 0.16 per cent appreciation from N416.67 it exchanged on Monday, data posted on the FMDQ website where forex is officially traded showed.

Eko Hot Blog reports that became significant as foreign exchange turnover declined slightly from what was recorded in the previous session on Monday, February 21, 2022.

Forex turnover plummeted by 1.70 per cent at the close of business on Tuesday with $138.95 million posted against the $141.31 million recorded on Monday.

Naira reached an intraday high of N406.00 and a low of N444.00 before closing at N416.00 at the close of business on Monday.

The Federal Capital Territory, commonly known as FCT, Abuja black market

dealers exchanged the naira at N573.00 to a dollar and sold at N575.00 on Tuesday, February 22, 2022.

Disclaimer: Eko Hot Blog 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.

---

Advertise or Publish a Story on EkoHot Blog:

Kindly contact us at [email protected]. Breaking stories should be sent to the above email and substantiated with pictorial evidence.

Citizen journalists will receive a token as data incentive.

Call or Whatsapp: 0803 561 7233, 0703 414 5611