Black Market Dollar To Naira Exchange Rate For Today 20 February 2024

Black Market Dollar To Naira Exchange Rate For Today 20 February 2024 Can Be Accessed Below.

NewsRain Nigeria has obtained the official dollar to the naira exchange rate in Nigeria today, including the Bureau De Change (BDC) rate and CBN rates.

What Is The Official Exchange Rate For Dollar To Naira Today?

The exchange rate between the Naira and the US dollar according to the data released on the FMDQ Security Exchange, the official forex trading portal showed that the Naira opened at ₦1451.6 per dollar on Tuesday, February 20, 2024, and closed at ₦1517.8 per $1 on Monday, February 19, 2024.

CBN Official Naira Exchange Rates

The exchange rate between the Naira and the US dollar, according to the data posted on the Central Bank of Nigeria (CBN) Currency Exchange Rate where forex is official.

What Is The Dollar to Naira exchange rate for today in the Black market?

However, the Naira is trading as high on the black market even though the Central Bank of Nigeria (CBN) announced the unification of all segments of the foreign exchange market.

The local currency (abokiFx) opened at ₦1,710.00 per $1 at the parallel market otherwise known as the black market, today, Tuesday, 20 February 2024, in Lagos Nigeria, after it closed at ₦1,700.00 per $1 on Monday, 19 February 2024.

Disclaimer: NEWSRAIN NIGERIA does not set or determine forex rates. The official NAFEX rates are obtained from the website of the FMDQOTC. Parallel 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.