Dollar to Naira Black Market Exchange Rate Today , Black Market Dollar To Naira Exchange Rate Today Naira to Dollar

Latest Forex News in Nigeria on Dollar to Naira rate at the official and black market exchange rate January 14th, 2022 can be accessed here on Ejes Gist News

 

Read Ejes Gist News latest updates  on Black Market Dollar to naira exchange rate today, Bureau De Change (BDC) rates, as well as the official dollar rates  and CBN rates.

 


People Ask : How Much Is Naira Per Dollar Today?

Important Note : Please note that the exchange rate changes hourly. It depends on the volume of dollars available and the demand. What it means is that you can buy or sell 1 dollar at 435 and the price can change (high or low) within hours.

How Much Is Dollar To Naira Exchange Rate Today Official Rate?

The official rate today, Friday January 14th 2022, 1 United States Dollar equals 414.10 Nigerian Naira. 

 

According to the data at the FMDQ Security Exchange where forex is traded officially, exchange rate between the naira and the US dollar opened at ₦414.10/$1 on Friday 14th , after it closed at ₦414.79 to a $1 on Thursday, 13th January 2022.

 

How much is exchange rate of Dollar to Naira in Black Market today?

The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for ₦563 and sell at ₦568 on Friday , January 14th 2022, according to data obtained from Bureau De Change (BDC).

Please be aware that the Central Bank of Nigeria (CBN) does not recognise the parallel market (black market), and has advised individuals interested in trading in foreign exchange to contact their respective banks.

 

Trading at the official NAFEX window

The exchange rate between the Nigerian Currency and the US dollar opened at ₦413.94/$1 on 13th January 2022 and closed at ₦414.79/$1. Showing a change of 0.88%.

Cardinalstone Securities Traded N143.6bn On NGX

Cardinalstone Securities Limited reported a total value of N143.6 billion in transactions on the Nigerian Exchange Limited.

According to the NGX broker performance report, which was released at the end of trading on December 31, 2021, this was the case.

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“In addition, the firm was number one in terms of trade volume in 2021, executing more than 15 billion units of stock,” it said.

“According to the NGX report, Cardinalstone accounted for about 9% of total trade volume and 8% of total trade value in 2021.”

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CardinalStone Securities Limited’s Managing Director, Elile Olutimayin, said the firm used the synergy and relationships built across all of its business units and subsidiaries to drive transactions in Nigeria’s capital market, completing trades worth more than N140 billion.

“What sets us apart from the competition is the unique, insightful, and innovative trade ideas, robust investment research, and solutions we consistently deliver to clients, ensuring that our customers meet their investment goals despite the challenging macro environment.”

Black Market Dollar To Naira Exchange Rate Friday

We improved the quality of our client service, expanded our product offerings, and made significant progress onboarding strategic investors, foreign fund managers, and local asset managers during the year. On the NGX, this is our best-ever annual performance.

Also Read : How to Apply for New CBN N500,000, N750,000 and N3,000,000 Non-Interest and Collateral Free Targeted Credit Facilities

 

 

Dollar To Naira Exchange Rate

Black Market Dollar To Naira Exchange Rate Today , Jan 5, 2022

That’s  Black Market Dollar to naira exchange rate today in Nigeria. Always visit this website for daily USD to Naira Exchange Rate

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