Black Market Dollar To Naira Exchange Rate Today Friday, 1 April 2022

✔ Fact Checked by TDPel News Desk

By Samantha Allen

Published: April 1, 2022 | 12:43 PM GMT

April 1, dollar to naira Bank rate today: $1 dollar to naira =₦ 417.25 Nigerian Naira

The exchange rate between the Naira to US dollar according to the data posted on the FMDQ Security Exchange where forex is officially traded showed that the naira opened at ₦416.46 per dollar Today Friday, April 1, 2022, after the dollar to naira yesterday – Thursday, March 31, 2022, closed at ₦415.96 per $1. This represents a change of 0.16%.

Notably, the CBN dollar to naira rate, the apex bank buys the dollar at ₦ 415.96 rate and sells it at the rate of ₦416.46.

Dollar to Naira yesterday = ₦586 per $1

Even though the dollar to naira Aboki opened in the parallel market at ₦587 per $1 today, 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.

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About Samantha Allen

Samantha Allen is a seasoned journalist and senior correspondent at TDPel Media, specializing in the intersection of maternal health, clinical wellness, and public policy. With a background in investigative reporting and a passion for data-driven storytelling, Samantha has become a trusted voice for expectant mothers and healthcare advocates worldwide. Her work focuses on translating complex medical research into actionable insights, covering everything from prenatal fitness and neonatal care to the socioeconomic impacts of healthcare legislation. At TDPel Media, Samantha leads the agency's health analytics desk, ensuring that every report is grounded in accuracy, empathy, and scientific integrity. When she isn't in the newsroom, she is an advocate for community-led wellness initiatives and an avid explorer of California’s coastal trails.