Connect with us


Business and Brands

Black Market Dollar To Naira Exchange Rate Today 27th January 2022

Black Market Dollar To Naira Exchange Rate Today 27th January 2022

Published

on

Black market dollar to naira exchange rate today 27th January 2022 can be accessed below.

IMPORTANT NOTE: Please note that the exchange rate changes hourly.… it depends on the volume of dollars available and the Demands. What it means is that…you can buy or sell 1 dollar at ₦570 and the price can change (high or low) within hours.

 

Advertisement

January 27 dollar to naira official market exchange rate: $1 dollar to naira =₦416.25

 

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

Advertisement

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 ₦416.25 per dollar on Thursday, 27 January 2022, after it closed at ₦416.25 per $1 on Wednesday, 26 January 2022This represents a change of 0.09%.

READ ALSO:   FG To Sell Oil In Naira To Dangote

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

Advertisement

The Nigeria parallel market (black market dollar exchange rate today) to the Nigerian Naira is as follows: For the Lagos market (black market).

LAGOS PARALLEL MARKET RATES January 27, 2022 (BLACK MARKET): dollar to naira exchange rate today black market

Advertisement

Black Market Dollar To Naira Exchange Rate Today 20th January 2022

January 27 dollar to naira black market exchange rate: $1 dollar to naira = ₦570

 

Lagos parallel market (black market dollar exchange rate today)

 

Advertisement

The local currency opened at N570.00 per $1 at the parallel market otherwise known as the black market, today, Thursday, 27 January 2022, in Lagos Nigeria, after it closed N570.00 per $1 on Wednesday, 26 January 2022.

READ ALSO:   Oil Prices Post Worst Weekly Loss Since October

 

Advertisement

Even though the dollar to naira opened in the parallel market at ₦570 per $1 todayNewsonline 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.

 

Advertisement
Black Market Dollar To Naira Exchange Rate Today 20th January 2022
CBN Governor, Godwin Emefiele.

Newsonline Nigeria reports that at the black market, the players buy a dollar for N565 and sell for N570 on Thursday morning, January 27

 

 

Advertisement

DisclaimerNEWSONLINE NIGERIA does not set or determine forex rates. The official NAFEX rates are obtained from the website of the FMDQOTC. Parallel market rates (black market rates) are obtained from various sources including online media outlets. The rates you buy or sell forex may be different from what is captured in this article.

Advertisement

Also Read...