Categories: News

Banks Dollar to Naira Exchange Rate Today, September 4, 2022 (Official Rate)

Banks Dollar to naira exchange rate today September 4, 2022, official rate can be accessed below.

 

 

Advertisement

CityNews  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.

Advertisement

 

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 N430.07/$1  per dollar on Friday, September 2, 2022, after it closed at N428.5/$1 per $1 on Thursday, September 1, 2022.

 

Advertisement

Below you can see the chart for the official Nigerian Naira rate today compared to the Dollar AS OF Friday, September 2nd 2022

 

1 USD = 429.07 NGN
1 Dollars = 429.07 Nigerian Naira
The USDNGN rate as of 3 September 2022

Exchange Rate of Dollar To Naira in Black Market Today?

Advertisement

 

The Nigeria black market dollar exchange rate today to the Nigerian Naira is as follows:

Advertisement

 

Advertisement
Dollar to Naira (USD to NGN) Black market dollar to naira
Buying Rate 700
Selling Rate 705

 

LAGOS PARALLEL MARKET RATES September 3, 2022 (BLACK MARKET)

Advertisement

 

The local currency opened at N705.00 per $1 at the parallel market otherwise known as the black market, today, Sunday, September 4, 2022

Advertisement

, in Lagos Nigeria after it closed at N695.00 per $1 on Saturday, September 3, 2022. This represents a change in N4 from the previous day. 

Advertisement

 

Newsonline Nigeriareports that the data obtained from the bureau de change showed that on the black market, the players buy a dollar for N700 and sell for N705 on Sunday, September 4th, 2022.

Advertisement

 

Trading at the official NAFEX window

The exchange rate at the official market closed at N430/$1 to a dollar on Friday, 2nd September 2022, from N429.44/$1 recorded in the previous trading session. 

Advertisement
  • The opening indicative rate closed at N429/$1 on Thursday, 1st September 2022, compared to N429.17/$1 recorded in the previous day.
  • Furthermore, an exchange rate of N437/$1 was the highest rate recorded during intra-day trading before it settled at N430/$1, while it traded as low as N417/$1 during intra-day trading.
  • A total of $74.68 million in FX value was traded in the Investors and Exporters window on Thursday, a 31.78% dip from $109.47 million that exchanged hands in the previous day.
Sola Adeyemo

Recent Posts

Why Seyi Tinubu Can’t Be Lagos Governor- Igbokwe

A member of the All Progressives Congress (APC), Joe Igbokwe, has said Seyi Tinubu, son…

14 hours ago

Simon Ekpa Not Our Member, Should Not Be Associated With Us- IPOB

IPOB PRESS RELEASE 22/11/2024 SIMON EKPA IS NOT AN IPOB MEMBER AND MUST NOT BE…

17 hours ago

NEWSPAPER HEADLINES FOR FRIDAY 22ND NOVEMBER 2024

NEWSPAPER HEADLINES FOR FRIDAY 22ND NOVEMBER 2024. *PUNCH* Gombe begins N28bn Assembly, high court complexes…

18 hours ago

My husband assaulted me, ruined my career – Olajumoke Onibread

Former bread seller turned model, Olajumoke Orisaguna, popularly known as Olajumoke Onibread, has opened up…

21 hours ago

“I did not punch Akpabio” – Senator Bamidele speaks on alleged fight with Senate President

Senate Majority Leader, Opeyemi Bamidele has denies reports that he was involved in a fight…

21 hours ago

Speaker Obasa Clarifies Negative Perceptions As Sanwo-Olu Presents 2025 Budget

– says lawmakers united to meet yearnings of Lagosians – accuses detractors of peddling news…

21 hours ago