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.