Connect with us

Business

Dollar To Naira Exchange Rate Today 10th January 2022

Avatar photo

Published

on

Black Market Dollar To Naira Exchange Rate Today 5th December 2021
Dollar To Naira Exchange Rate Today 10th January 2022

 

Today, January 10, 2022, is the official and black market exchange rate for the dollar to naira.

 

See iexclusive News update on the official dollar rates, as well as Black Market, Bureau De Change (BDC), and Central Bank of Nigeria (CBN) rates

 

How Much Is Dollar To Naira Exchange Rate Today Official Rate?

 

The official rate today, Monday January 10th, for $1 dollar to naira = ₦417.25$1.

 

According to data from the FMDQ Security Exchange, where forex is officially exchanged, the naira and the US dollar exchange rate began at 417.25/$1 on Monday, January 10th, after closing at 416.25/$1 on Friday, January 7th, 2022.

 

How much is exchange rate of Dollar to Naira in Black Market today?

The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) opened at N570.00 per dollar on Monday, January 10th 2022, after it closed at N567.00 per dollar on Sunday, January 7th, 2022 according to sources at Bureau De Change (BDC).

 

Please note that the Central Bank of Nigeria (CBN) does not recognise the parallel market (black market), as it has directed individuals who want to engage in Forex to approach their respective banks.

 

Trading at the official NAFEX window

The exchange rate between the naira and the US dollar opened at ₦417.25/$1 on 10th January 2022 after closing at ₦416.25/$ on 7th January.

 

According to data from FMDQ, forex turnover stands at $417.28 million.