How Much Is Dollar To Naira Exchange Rate Today CBN Rate?
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 7, 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 Monday, March 7, 2022, after it closed at ₦415.96 per $1 on Friday, 4 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 Monday, 7 March 2022
Black Market Dollar To Naira today, March 7 = ₦580 per $1
Even though the dollar to naira opened in the parallel market at ₦580 per $1 today, BrandNewsDay Nigeria reports that 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.
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 8, 2022 |
US DOLLAR | 580 | 575 |
March 8, 2022 |
POUNDS STERLING | 780 | 776 |
March 8, 2022 |
EURO | 648 | 642 |