EKO HOT BLOG compiles dollar to naira exchange rates daily during the week so our readers can easily have access to the rates the American dollar exchanged against the Nigerian naira each day for the week.
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The official rate of exchange of a Dollar To Naira today
According to the reports, the official rate of a dollar to naira for today, Monday, 28th February 2022 is ₦415.43/$1
The information gathered via the FMDQ Security Exchange where forex is exchanged formally unveiled that the authorized conversion rate between the naira and the US dollar opened at ₦415.43/$1 on Friday 25th, after it shut at ₦415.43 to a $1 on Tuesday, 22nd February 2022.
As of Friday, February 25, 2022, the exchange rate of the dollar to naira at Lagos Parallel Market popularly referred to as the Black Market is a dollar for N570 when buying, while the selling rate is at N575, this is according to reports from the Bureau De Change (BDC).
Please be informed that the Nigerian government-owned bank, the Central Bank of Nigeria (CBN) does not recognize the Black Market as the apex bank advises anyone engaging in Forex to instead visit the banks.
The report from the NAFEX window revealed the exchange rate of the naira and the US dollar opened at ₦415.39/$1 on 22nd February 2022 and closed at ₦415.89/$1, which is a difference of -0.02%.
The sales of dollar to the naira was at the highest rate of ₦444.00 and the lowest point of ₦410.00
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