See the Dollar to Naira Exchange rate at the aboki fx and the black market today, 1st August 2022. How much is Dollar to Naira exchange rate today? You convert your dollar to Naira at these rates, or you convert your dollar to Naira at the most recent black market or parallel market rate.
Nigerians prefer to exchange foreign currency, particularly dollars to Naira, on the black market since the conversion rate is much higher than what the bank offers.
On this page, you can discover all the facts and the current rate for dollar to Naira, both the CBN and the black market rate.
How Much Is Dollar To Naira Exchange Rate Today Official Rate?
The official rate today, Friday, July 29th, 2022, for $1 dollar to naira = ₦428.10/$1.
According to the data obtained from the FMDQ, where Naira is traded officially, the exchange rate between the naira and the US dollar opened at ₦428.10/$1 on Friday 29th July, and closed at ₦429.00 to a $1.
US Dollar to Naira Black Market Rate Today, 27 July 2022
| Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
| Buying Rate | 690 |
| Selling Rate | 710 |
Brand Spur Nigeria reports that the US dollar to naira exchange rate changes hourly. The exchange rate fluctuates depending on the volume of dollars available and demand for it. This means the exchange rate you buy and sell the dollar could be different hours later (high or low).
