Latest Dollar To Naira Exchange Rate Today, Thursday 3rd February 2022

Latest dollar to naira exchange rate Thursday, 3rd February 2022 can be accessed below.

On this page, Citynews Nigeria compiles dollar to naira exchange rates daily during the week so our readers can easily have access to the rates the American dollar exchanged against the Nigerian naira each day for the week.

Newsonline reports that the dollar to naira exchange at the official market, as well as, at the parallel market otherwise known as the black market for each day during the week will be accessed by our readers.

Below are the dollar to naira exchange rate for each of the days during the week…

NewsOnline reports that the exchange rate between the naira and the US dollar closed at N416/$1 at the Investors and Exporters (I&E) window, where forex is traded officially.

Naira gained against the US dollar on Friday to its highest level during the week to close at N416/$1, representing a 0.08% appreciation compared to N416.33/$1 recorded in the previous trading session, indicating a year-to-date average rate of N416.62/$1…..READ MORE

Naira Falls At Official And P2P Market, See New Exchange Rate

NewsOnline reports that the exchange rate between the naira and the US dollar at the official Investors and Exporters (I&E) window closed at N416.38/$1.

Naira started the week with a decline against the US dollar on Monday to close at N416.38/$1, representing a 0.09% depreciation compared to N416/$1 recorded in the previous trading session…..Read More

Naira Faces Massive Pressure On Low Oil Output, Rising Interest Rates

NewsOnline reports that Economists have said the devaluation of Nigeria’s currency, naira, is inevitable in 2022 as lower oil production puts pressure on the nation’s reserves.

The price of Bonny Light, Nigeria’s premium oil grade, has surged to $88 per barrel, the highest since 2014, but Africa’s biggest economy has missed out on an opportunity to improve its earnings as oil production falters…..Read More

 Naira Falls Amid Devaluation Concerns, See New Exchange Rate

NewsOnline reports that the Naira depreciated at the official and parallel markets amid growing concerns that oil revenue fluctuation and global monetary tightening would lead to further devaluation of the currency.

Official data and trading reports showed that the Naira depreciated by 0.12 per cent at the official Investors and Exporters (I & E) Window to close at N416.50 per dollar. It also depreciated by 0.65 percent to close at N575.90 per dollar at the parallel market. The Naira, however, closed flat at N430 per dollar at the Interbank Foreign Exchange market (IFEM)….Read More

 Dollar Posts Highest Weekly Loss Since May 2021

NewsOnline reports that as of Friday morning in London, the dollar was down, settling for its biggest weekly loss in eight months. As investors bet that several U.S interest rate hikes in 2022 are already priced in, they reduced their long positions….READ MORE..

Naira Further Falls At Official Market, See New Exchange Rate

NewsOnline reports that Naira recorded a slight fall against the U.S. dollar at the official market on Thursday, after a marginal gain at the spot market on Wednesday.

According to data published on the Central Bank of Nigeria’s website, at the close of business Thursday, naira closed at N414.79 to a dollar....READ MORE…

Black Market Dollar To Naira Exchange Rate Today 31st December 2021

Newsonline has obtained the official dollar to naira exchange rate in Nigeria today including the Black Market rates, Bureau De Change (BDC) rate, and CBN rates.

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 ₦415.10 per dollar on Sunday, 30 January 2022, after it closed at ₦416.33 per $1 on Saturday, 29 January 2022. This represents a change of 0.02%..…..Read More…

 Dollar Gains At Black Market As Naira Crashes, See New Exchange Rate

Newsonline reports that the US dollar has continued to gain since 2022 as naira further crashes at the black market five days after it fell for the first time this year after maintaining N560/per $1 at the black market since the beginning of the year.

Naira Recovers Against Dollar At Investors And Exporters Window

NewsOnline reports that naira and us dollar exchange rate in the just concluded week recovered (Naira appreciated) by 4.37% to close at N416.00/USD at the Investors and Exporters FX window as Bonny Light price, the Nigerian variant of crude oil, rose w-o-w by 3.80% to USD82.13 as of Thursday, January 6, 2022.…Read More

Naira Crashes At Official Window As Foreign Reserve Records Marginal Gain

NewsOnline reports that the exchange rate between the naira and the US dollar at the official Investors and Exporters (I&E) window closed at N416.25/$1.

Naira depreciated marginally against the US dollar on Thursday to close at N416.25/$1, representing a 0.06% fall compared to N416/$1 recorded in the previous trading session. Meanwhile, forex turnover at the official market decreased by 1.1% to $113.65 million compared to $114.95 million that exchanged hands on Wednesday…Read More.

Naira Gains Massively At Black Market On Boxing Day

NewsOnline reports that the Nigerian official currency, Naira has gained against the United States dollar, exchanging at N555/$1 after opening the week at N570 per dollar on Monday, December 20, 2021.

A survey conducted by NewsOnline Nigeria at the Bureau De Change (BDC) market in Ogba area of Lagos, Nigeria’s commercial city, on Boxing Day, Sunday morning, December 26, 2021, showed that the naira to usd exchanged at N555/$1, gaining N15 from the N570 position of 1 dollars to naira it started the week with though still poor compared to when usd to naira exchanged for N530/$1 on November 11, 2021...Read More..

Naira Gains Massively At Black Market As Pounds, Euro, Dollar Fall

NewsOnline reports that the Nigerian official currency, Naira has gained against the United States dollar, exchanging at N565/$1 after opening the week at N570 per dollar on Monday, December 20, 2021.

A survey conducted by NewsOnline Nigeria at the Bureau De Change (BDC) market in Ogba area of Lagos, Nigeria’s commercial city, on Thursday morning, December 23, 2021, showed that the naira to usd exchanged at N565/$1, gaining N5 from the N570 position of 1 dollars to naira

it started the week with though still poor compared to when usd to naira exchanged for N530/$1….Read More..

Naira Gains Massively At Official Market Few Days To Christmas

Naira has gained massively at the official market a few days to Christmas as forex liquidity surges by 139%.

NewsOnline reports that the exchange rate between the naira and the US dollar closed at N414.8/$1 at the official Investors and Exporters (I&E) window.

Naira started the week with a 0.07% gain against the US dollar on Monday to close at N414.8/$1 compared to N415.07/$1 recorded in the previous trading sessions. Forex turnover at the official market jumped by 138.5% to $360.18 million from $151.03 million recorded in the previous trading session….Read More.

Dollar Jumps As Omicron Spreads Amid Rate-Hike Talk

NewsOnline understands that the dollar index against major currencies rose 0.7%, recouping all of the value it had lost on Thursday following a series of central bank policy statements.

The euro and British pound fell 0.8% and 0.6%, respectively, after having booked gains the two previous days. The euro stood at $1.1239 and the pound at $1.3236 at 2100 GMT….Read More..

Naira Gains Massively At Official Market, See New Exchange Rate

The Naira, NewsOnline Nigeria reports, gained against the US dollar on Wednesday to close at N414.25/$1. This represents a 0.13% gain when compared to the N414.80 that was recorded in the previous trading sessions as the pressure on the country’s external reserves continued with a decline of $157 million…..Read More...

 Naira Crashes Massively At Black Market After Steady Exchange Rate

Newsonline reports that the Nigerian official currency, Naira has crashed against the United States dollar  exchanging at N572/$1 weeks after a steady exchange rate of N565/$1…...Read More…

Dollar To Naira Exchange Rate Remains Stable At Official Market

Newsonline reports that dollar to naira exchange rate closed at N415.07/$1 at the official Investors and Exporters (I&E) window.

This online newspaper understands that Naira remained stable against the US dollar on Thursday to close at N415.07/$1. This was the same rate that was recorded in the previous trading sessions as a drop in the country’s external reserves continues with a decline of $20 million….Read More…

Naira Crashes At Official Market Despite Forex Supply Improvement

Newsonline reports that the exchange rate between the naira and the US dollar closed at N415/$1 at the official Investors and Exporters (I&E) window.

Naira depreciated against the US dollar on Monday to close at N415/$1, representing a 0.07% drop compared to N414.73/$1 recorded in the previous trading sessions as drop in the country’s external reserve continues with a decline of $33 million…...Read More

Naira Gains At Official Market As External Reserves Rise Massively

Newsonline reports that the exchange rate between the naira and the US dollar closed at N414.73/$1 at the official Inves tors and Exporters (I&E) window….REad More…

 Naira Maintains Position Against Dollar At Parallel Market

Newsonline reports that the Nigerian official currency, Naira has maintained its position against dollar weeks after a steady rise which saw it gaining over N25 since it fell to its lowest of N575 to a dollar on September 20, 2021..….Read More…

Naira Gains Massively At Official Market, See New Exchange Rate

Newsonline reports that the exchange rate between the naira and the US dollar closed at N414.8/$1 at the official Investors and Exporters (I&E) window on Friday…..READ MORE…

How Naira Started December Against Dollar At Parallel Market

Newsonline reports that Nigerian official currency, naira, has crashed against the American official currency, dollar, at the parallel market also known as the black market on Thursday, December 3, trading at ₦565 per a dollar with Bureau De Change (BDC) operators buying at at ₦560 per a dollar as at 9:15 am in the Lagos market…..READ MORE!

Naira Settles Flat At Official Window, See New Exchange Rate

Newsonline reports that the exchange rate between the naira and the US dollar closed at N415.07/$1, at the official Investors and Exporters (I&E) window. 

This online newspaper understands that the Naira closed flat against the US dollar on Monday at N415.07/$1, the same as recorded in the past three trading sessions. This is despite trading as high as N456.97 during intra-day session. FOREX liquidity at the official market continues to improve as it increased by 19.1% to $256.69 million from $215.47 million recorded in the previous day…..Read More…

Naira Crashes Massively At Parallel Market, See New Exchange Rate

Newsonline reports that the Nigerian official currency, Naira has fallen massively weeks after a steady rise which saw it gaining over N25 since it fell to its lowest of N575 to a dollar on September 20, 2021.

A survey conducted by Newsonline Nigeria at the Bureau De Change (BDC) market in Ogba area of Lagos, Nigeria’s commercial city, on Tuesday morning, November 30, 2021, showed that the naira to usd exchanged at N565/$1, a day after 1 dollars to naira exchanged at N557/1 and weeks after usd to naira exchanged for N530/$1….Read More…

 Naira Hits Strong At Parallel Market, Slumps At Official Market

Newsonline reports that the Nigerian official currency, Naira, has recovered against the American dollar, trading at ₦557 per dollar, days after slumping at the parallel market popularly known as the black market by the traders…..Read More.

Naira Further Crashes At Official Market, See New Exchange Rate

Newsonline reports that the exchange rate between the naira and the US dollar closed at N415.07/$1, at the Investors and Exporters (I&E) window, where forex is traded officially. Naira depreciated against the US dollar on Wednesday with a 0.07% fall to close at N415.07/$1 compared to N414.8/$1 recorded on Tuesday, 23rd November 2021. Similarly, forex turnover at the official window recorded a marginal decrease of 12.9% to $243.34 million.

Meanwhile, Newsonline Nigeria gathered that the naira fell marginally at the parallel market, as it closed at N560/$1, representing a 0.18% depreciation compared to N559/$1 recorded in the previous trading session. This is according to information obtained from BDC operators in Lagos…..Read More…

Naira Falls Massively Against US Dollar, See New Exchange Rate

Naira has fallen massively against US Dollar, See New Exchange Rate below.

Newsone reports that the Nigerian official currency, Naira has crashed massively against dollar weeks after a steady rise which saw it gaining over N25 since it fell to its lowest of N575 to a dollar on September 20, 2021.

Naira Falls Massively At Black Market Against Dollar

Naira has fallen massively at the black market against dollar.

Newsonline reports that the Nigerian official currency, Naira has fallen massively weeks after a steady rise which saw it gaining over N25 since it fell to its lowest of N575 to a dollar on September 20, 2021.

This online news platform understands that survey at the Bureau De Change (BDC) market in Ogba area of Lagos, Nigeria’s commercial city, on Sunday evening, November 21, 2021, showed that the Naira exchanged at N560/$1, two weeks after it exchanged for N530/$1…Read More..!

Newsonline has obtained the official dollar to naira exchange rate in Nigeria today including the Black Market rates, Bureau De Change (BDC) rate, and CBN rates.

November 22 dollar to naira official market exchange rate: $1 dollar to naira =₦413.53

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

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 ₦413.53 per dollar on Monday, 22 November 2021, after it closed at ₦414.40 per $1 on Friday, 19 November 2021. This represents a change of 0.00%.

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

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

Naira Crashes By 2.8% At Parallel Market, See New Exchange Rate

Naira has crashed y 2.8% at Parallel Market, See New Exchange Rate below.

Newsonline reports that the naira, on Friday, depreciated against the dollar at the parallel section of the foreign exchange market.

Bureaux De Change (BDC) operators in Lagos told NewsOnline Nigeria on Friday that the naira exchanged for N545 per dollar at the street market.

This represents N15 or 2.8 percent depreciation when compared to the N530 it traded last week.

Naira Falls Against Dollar At Black Market, See New Exchange Rate

Newsonline reports that the Nigerian official currency, Naira has fallen weeks after a steady rise which saw it gaining over N25 since it fell to its lowest of N575 to a dollar on September 20, 2021.

This online news platform understands that survey at the Bureau De Change (BDC) market in Wuse Zone 4 in Abuja, Nigeria’s capital and Ogba area of Lagos, Nigeria’s commercial city, last week, showed that the Naira exchanged between N525 and N530/$1…..Read More…

Why Naira Is Gaining Against US Dollar At The Black Market 

Newsonline reports that Naira strengthened against the US dollar last week to a 2-month high of N535/$1 at the black market, thereby reducing the gap between the parallel and the official rates; an uptick that was driven by a significant drop in demand for FX at the black market…..Read More…

Naira Gains Whopping N25 At Black Market

Newsonline reports that Naira has launched a sustained recovery at the parallel market, gaining N25 since it fell to its lowest of N575 to a dollar on September 20, 2021.…..Read More….

Dollar Recovers After Free Fall Against Naira At Black Market

Newsonline reports that the US dollar gained on Friday evening, November 12, 2021 as the dollar closed the day at ₦540 with a gain of ₦10 at the parallel market also known as the black market after a “major fall”……Read More….

Dollar Crashes To Lowest Against Naira Since CBN Banned AbokiFx

Newsonline reports that the US dollar crashed on Thursday, November 11, 2021 as Naira opened the day at ₦535 with a massive gain of ₦20 at the parallel market also known as the black market…..Read More…

Naira Rises Massively As Analysts Make Fresh Anticipation

Naira has risen massively as analysts anticipate devaluation at Investors Window.

Newsonline reports that Nigeria’s local currency, naira, rises against the United States dollar weekend but analysts appear not to be satisfied with a relatively overpriced local currency, thus expecting further devaluation at Investors and Exporters foreign exchange rate window.

Data from the FMDQ Exchange platform showed that Naira traded at N414.30 to a dollar in the Investors and Exporters window, gaining 0.2% week on week against the previous record.

While external reserves position has expanded significantly following an inflow from foreign currency borrowings of $4 billion and about $3.5 billion inflow from special drawing rights, the naira has faced many pressures, crossing N420 briefly at investors and exporters foreign exchange window.

This week, Nigeria’s foreign currency reserves snapped its ten consecutive weeks of accretion as it closed lower by $102.20 million week on week to $41.73 billion, according to Cordros Capital in a macroeconomic note.

In the parallel market, the foreign exchange rate has worsened after the central bank decision to ban weekly dollar supply to bureau de change operators in July. However, low dollar supply has persisted despite growing prices of oil in the global market,

 Naira Crashes After Gaining Against Dollar, See New Exchange Rate

Naira has weakened again days after gaining against dollar.
Newsone reports that Nigeria’s official currency, crashed at parallel market also known as the black market on Wednesday, November 3, 2021, after gaining “massively” last week.

 Naira Gains Massively As Dollar Crashes At Black Market

Naira has gained massively with dollar crashing at black market.
Newsone reports that the American official currency, dollar crashed at the parallel market also known as the black market on Monday, November 1, trading at ₦565 per a dollar with Bureau De Change (BDC) operators buying at at ₦555 per a dollar as at 9:15 am in the Lagos market as monitored by Newsone Nigeria reporters who visited the market on Monday morning.

Dollar Starts November On Free Fall Against Naira At Black Market

The dollar has started November on a free fall against Naira at the black market.
Newsone reports that the American official currency, dollar crashed at the parallel market also known as the black market on Monday, November 1, trading at ₦565 per a dollar with Bureau De Change (BDC) operators buying at at ₦555 per a dollar as at 9:15 am in the Lagos market as monitored by Newsone Nigeria reporters who visited the market on Monday morning.

That’s the latest dollar to naira exchange rate today, check back tomorrow for more. Also click on Citynews Nigeria to read other stories.