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Black Market Dollar To Naira Exchange Rate Today Saturday 19 March 2022. See Pounds, Euro

Fact Checked by TDPel News Desk
By Pelumi Emmanuel
Black Market Dollar To Naira Exchange Rate Today Saturday 19 March 2022. See Pounds, Euro
Current Dollar to Naira CBN Rate today

You can access both the Dollar To Naira CBN Rate Today and Dollar to Naira Black Market rate Today below:

March 19, dollar to naira CBN exchange rate: $1 dollar to naira =₦ 417.25 Nigerian Naira

 

The exchange rate between the Naira and the 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 Thursday, March 17, 2022, after it closed at ₦415.96 per $1 on Wednesday, 16 March 2022. This represents a change of 0.16%.

Notably, the CBN dollar to naira rate buy dollar at ₦ 415.96 and sell at the rate of ₦416.46.

Black Market Dollar To Naira Exchange Rate Today Saturday, 19 March 2022

 

Black Market Dollar To Naira today, March 17 = ₦580 per $1

 

Even though the dollar to naira opened in the parallel market at ₦580 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.

Lagos parallel market black market dollar to Naira

 

The local currency opened at N580.00 per $1 at the parallel market otherwise known as the black market, today, Saturday, 19 March 2022, in Lagos Nigeria.

The table below shows the latest black market rate of the U.S Dollar To Naira, European Euro to Naira, and Great Britain Pounds To Naira.

 

Date Currency Selling (NGN) Buying(NGN)
March 19, 2022 US DOLLAR 580 576
March 19, 2022 POUNDS STERLING 780 776
March 19, 2022 EURO 648 642
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Pelumi Emmanuel

About Pelumi Emmanuel

Pelumi Emmanuel is an accomplished writer and journalist with over 15 years of experience in the industry. He is a passionate and dedicated professional who is committed to producing high-quality content that informs, engages, and entertains readers. Pelumi’s love for reading and writing is evident in his work, which has been read worldwide and has garnered him a loyal following. His journalistic expertise is matched only by his natural talent for storytelling, making his articles both informative and engaging. He lives in California, USA.