Glamtush has obtained the official dollar to the 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 ₦422.2per dollar on Saturday, August 27, 2022, after it closed at ₦426.4096per $1 on Friday, August 26, 2022.
Below you can see the chart for the Nigerian Naira rate today compared to the Dollar.
| 1 USD = 422.2 |
| 1 Dollars = 422.2 Nigerian Naira |
| The USDNGN rate as of 27 Aug 2022 at 12:10 PM |
The Nigeria black market dollar exchange rate today to the Nigerian Naira is as follows:
| Dollar to Naira (USD to NGN) | Black market dollar to naira |
| Buying Rate | 696 |
| Selling Rate | 699 |
The local currency opened at N699.00 per $1 at the parallel market otherwise known as the black market, today, Saturday, August 27, 2022, in Lagos Nigeria after it closed at N695.00 per $1 on Friday, August 26, 2022. This represents a change in N4 from the previous day.
Glamtush reports that the data obtained from the bureau de change showed that on the black market, the players buy a dollar for N696 and sell for N699 on Saturday, August 27, 2022.
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