Categories: Business & Brands

Black Market Dollar To Naira Exchange Rate Today 9th February 2022

Black market dollar to naira exchange rate today 9th February 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 ₦572 and the price can change (high or low) within hours.

 

February 9th dollar to naira official market exchange rate: $1 dollar to naira =₦415.98

 

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 ₦415.98 per dollar on Wednesday, 9 February 2022, after it closed at ₦416.67 per $1 on Tuesday, 8 February 2022This represents a change of 0.04%.

 

How much is the exchange rate of the Dollar to Naira in the 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)

LAGOS PARALLEL MARKET RATES February 9, 2022 (BLACK MARKET): dollar to naira exchange rate today black market

 

February 9 dollar to naira black market exchange rate: $1 dollar to naira = ₦572

 

Lagos parallel market (black market dollar exchange rate today)

The local currency opened at N572.00 per $1 at the parallel market otherwise known as the black market, today, Wednesday, 9 February 2022, in Lagos Nigeria, after it closed N572.00 per $1 on Tuesday, 8 February 2022.

Even though the dollar to naira opened in the parallel market at ₦572 per $1 today, Glamtushreports 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.

Glamtush reports that at the black market, the players buy a dollar for N567 and sell for N572 on Wednesday morning, February 9, 2022, after they bought N566 and sold for N572 on Tuesday, 8 February 2022.

Meanwhile, Glamtushreports that the USD started this week at ₦571 in Parallel Market also known as Black Market on Monday, February 7, 2022 in Lagos Nigeria, after it opened at 570 last week Monday, January 31, 2022.

DisclaimerGLAMTUSH 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.

Angela Davies

Recent Posts

SDNON Unveils Ambitious Plans For 2025, Celebrates Outgoing Executives

The newly elected SDNON excos have unveiled their ambitious plans for 2025 and celebrated the outgoing executives.…

10 hours ago

Primate Ayodele Releases 2025 Prophecies For All Sectors

The leader of the INRI Evangelical Spiritual Church, Primate Elijah Ayodele, has released his 2025…

20 hours ago

Timeless Tunes: How Throwback Songs Bond Africans In 2024

Music has always been central to African culture, reflecting societal changes while connecting generations. In…

2 days ago

Sinach To Feature In Global Christian Event, Gather25

Sinach is set to feature in the global Christian event, Gather25.   Glamtush reports that Gather25,…

2 days ago

Yahaya Bello Released After Meeting Bail Conditions

Yahaya Bello has been released after meeting his bail conditions.   Glamtush reports that former…

2 days ago

Makinde Cancels Birthday Celebration To Honour Ibadan Stampede Victims

Makinde has cancelled his birthday celebration to honour the Ibadan stampede victims.   Glamtush reports that Governor…

2 days ago