Black Market Dollar To Naira Exchange Rate Today Sat, April 16, 2022

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

Here is the Latest Dollar To Naira Exchange Rate Today Black Market at the official and Parallel market exchange rates today, Saturday, April 16th, 2022?


The latest news on Dollar To Naira Exchange Rate Today Black Market, Bureau De Change (BDC) rates, as well as official dollar rate and Central Bank of Nigeria (CBN ) rates can be accessed here on Ejes Gist Newspaper

How Much Is  Exchange Rate Today Official Rate?

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The official rate today, Saturday April 16th, for $1 dollar to naira = ₦414.52/1$.

According to data from the FMDQ Security, where forex is officially traded, the naira-to-dollar opened at ₦414.52/1$ on Saturday, April 16th, after closing at ₦414.62/1$ on Friday, April 15th, 2022.

Exchange Rate In Nigeria Today Black Market


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

The dollar is worth ₦589 naira today at the Lagos Parallel Market (Black Market), according to the current exchange rate. Players  buy a dollar for ₦585 naira and sell a dollar for ₦589, according to the current exchange rate at Bureau De Change (BDC).


The Central Bank of Nigeria (CBN) does not recognize the black market (also known as the parallel market), and customers who want to trade foreign currencies should contact their local banks.

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Trading at the NAFEX official window ( )

The exchange rate between the naira and the USD opened at ₦415.52/$ on 15th April 2022 and closed at ₦414.62/$1.

Dollar to Naira (USD to NGN) In Lagos
Buying 585
Selling 589

Click Here To See All Daily today black market 

Port Harcourt

The Nigerian Naira to Dollar parallel Market today in Rivers State April 16th (Parallel Market) sells at ₦589/1$, according to sources at Bureau De Change (BDC).

Dollar to Naira (USD to NGN) Black Market Dollar To Naira  Rate Today  in Port Harcourt
Buying Rate 585
Selling Rate 589


Convert US Dollar to Nigerian Naira Today, April 16th 2022. How much are 100 dollars in Naira? 

USD Dollar Conversion of Dollar Naira 
1 USD 414.52 NGN
10 USD 4,145.2 NGN
100 USD 41,452 NGN


Black Market Exchange Rate in Nigeria Today Range

Today 16th April  2022. The .

Dollar to Naira (USD to NGN) Black Market Exchange Rate in Nigeria  range
Buying Rate 580- 585
Selling Rate 585 – 589

Dollar To Naira Exchange Rate Today Black Market

xchange Rate of Dollar to Naira yesterday  Black Market  Closed at ₦589/$

is where you get your and Today

Dollar to Naira (USD to NGN) Black Market Exchange Rate Yesterday
Buying Rate 584
Selling Rate 589


Despite the Central Bank of Nigeria’s multiple interventions to defend the Naira, the currency fell by N22 in the first quarter of 2022.

Black Market Mon, April 16th, 2022


The eNaira, Africa’s first digital currency, has been ranked No. 1 in global retail CBDC, and app downloads have increased to 756,000 from 700,000 in December 2021.

The ranking was revealed by PwC in its 2022 CBDC Global Index and Stablecoin Overview. As of December 2021, the eNaira had 700,000 downloads, and over 35,000 transactions had taken place on the platform.

Yesterday, Mariam Olusanya, Managing Director of Guaranty Trust Bank, revealed during a virtual press conference following the Bankers Committee meeting that e-naira wallet downloads had increased to 756,000 in six months. The eNaira increased by 56,000 in the first quarter of 2021.

Black Market Dollar To Naira Exchange Rate Today Saturday, April 16th, 2022


On the subject of cryptocurrencies

Following a 1.01 percent rally in the price of bitcoin, which closed at $39,923.06, the crypto market traded bullish on Friday, with the market capitalization rising to $1.826 trillion.

In a similar vein, Ethereum, the second most valuable crypto asset, gained 1.32 percent to close at $3,018.92.

On Friday, Solana rose 2.67 percent to close at $102.325, Terra rose 2.04 percent to close at $84.1812018, and Uniswap rose 3.23 percent to close at $9.27.

Meanwhile, a recent report by Kucoin, a global exchange, on cryptocurrency and blockchain adoption in Nigeria shows that Nigerians are embracing cryptocurrencies as a result of their limited access to affordable financial services. As a result, cryptocurrencies are emerging as a viable option for asset storage and transfer.

According to the report, 33.4 million Nigerians, or 35% of the population aged 18 to 60, currently own cryptocurrencies or have traded cryptocurrencies in the previous six months.

The Nigerian Naira is the currency of Nigeria. Our currency rankings show that the most popular Nigerian Naira exchange rate is the NGN to USD rate. The currency code for Nairas is NGN. And the currency symbol is ₦.


Check: How do I fund my eNaira wallet; Steps on How To Fund eNaira Wallet From Bank Account

( This Week )

As Ejes Gist News reports, during the first trading day of the week on Saturday, April 4, 2022, in the Parallel Market, also known as the Black Market, the USD opened the week at ₦585. Since last Saturday, when it opened at ₦578 Naira per dollar, there has been a 2 naira change in the exchange rate.

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First of Nigeria Plc Currency Exchange Rate is $1 = ₦480.00

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Zenith Bank Plc Currency Exchange Rate $1 = ₦481.00

Western Union USD to naira exchange rate today.

Western Union  Currency Exchange Rate $1 = ₦479.04

Wema bank USD to naira exchange rate today.

Wema Bank Plc Currency Exchange Rate is $1 = ₦480.00.

GTBank USD to naira exchange rate today

GTBank Bank Plc Currency Exchange Rate is $1 = ₦481.0

UBA USD to Naira exchange rate today.

UBA Bank of Nigeria Currency Exchange Rate $1 = ₦480.01

Access Bank USD to Naira exchange rate today

Access Bank PLC Currency Exchange Rate $1 = ₦480.09.


eNaira Currency ,Dollar To Naira Exchange Rate Today


The eNaira wallet was launched by the Federal Government, led by Central Bank Governor Godwin Emefiele, to facilitate transactions and support the Naira (₦).


Click here to learn more about the eNaira wallet.  eNaira wallet


The USD to Naira Black Market Calculator depends on the volume of dollars available in the black market.

Disclaimer:  The black market exchange rate of the US dollar to the Nigerian naira is regulated by supply and demand, but the is determined by the CBN Governor and monetary policy.

In Nigeria, there is no uniform exchange rate.

Also, visit Ejes Gist News for USD to Naira exchange rate today black market as we will keep you updated with the latest updates on the , Crude,  FX Market.



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