As the Naira falls in value, inflation takes over the economy, which usually impacts the inhabitants. The Central Bank has stated that the Nigerian economy needs a significant turnaround and has asked Nigerians to work toward this goal, such as increasing exports.
The black market rate for dollars is frequently higher than the Central Bank of Nigeria (CBN). The CBN Exchange rate is the rate at which you can purchase or sell dollars for Naira on the CBN dollar-to-naira website.
CBN Dollar To Naira Exchange Rate Today
The CBN Dollar to naira exchange rate today: The exchange rate for a dollar to naira at the official window is N770.50 as of Thursday, 14 September 2023, according to the data published by CBN.
The CBN exchange rate of dollar to naira today, according to the data posted on the Central Bank of Nigeria (CBN) Currency Exchange Rate where forex is official is as follows:
Below you can see the chart for the Nigerian Naira rate today compared to the Dollar.
|1 USD = 770.5005 NGN
|1 Dollars = 770.5005 Nigerian Naira
|The USDNGN rate as of 14 Sep 2023 at 11:03 AM