Good Day, Here is what you need to know about the Dollar To Naira Exchange Rate Today Black Market at the official and Parallel market exchange rates today, February 16th , 2022.
How Much is Dollar to Naira Official Exchange Rate Today?
The official rate today, Wednesday, February 16th, 2022, for $1 dollar to naira = ₦415.76 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 ₦415.76/$1 on Wednesday 16th , after it closed at ₦416.00 to $1 on Tuesday, February 15th, 2022.
The black market dollar to naira exchange rate at Lagos Parallel Market (Black Market) players buy a dollar for ₦562 and sell at ₦568 on Wednesday, February 16th 2022, according to data obtained from Bureau De Change (BDC) by our correspondent.
|The Dollar To Naira At Black Market||USD/NGN|
100 dollars to naira black market today.
100 Dollars is equal to 56,200
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 ₦415.50/$1 on 15th February 2022 and closed at ₦416.00/$1. Showing a change of 0.48%.
Spot rate: The dollar sold to the naira as high as ₦425.00 and as low as ₦422.00.
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.
Following a 0.29 percent drop in stock capitalisation on Monday, investors on the Nigerian capital market lost N74.9 billion.
At the end of the day’s trading, the equity capitalization had declined from N25.43 trillion to N25.36 trillion.
On Monday, the All-Share Index fell 139.02 basis points, from 47,202.3 to 47,063.28.
On Monday, investors traded 338.02 million shares for N5.67 billion in 5,619 transactions.
This was more than the 311.50 million shares worth N4.38 billion that were traded in 4,916 transactions last Friday.
Guinness led the gainers’ table, rising from N60.50kobo per share to N66.55kobo per share after gaining N6.05.
NCR’s share price increased by N0.33kobo to N3.63kobo per share, up from N3.30kobo.
Africa’s stake increased by N0.15kobo to N1.65kobo per share, moving from N1.50kobo to N1.65kobo.
UPL gained N0.26kobo to settle at N2.91kobo per share, up from N2.65kobo.
Academy gained N0.13kobo, closing at N1.49kobo per share, up from N1.36kobo.
Japaul Gold was the biggest loser, losing 7.69 percent of its value, falling from N0.39kobo to N0.36kobo per share.
Courtville’s stock dropped 7.27 percent during trade, from N0.55kobo to N0.51kobo per share.
Custodian dropped N0.45kobo, closing at N7.45kobo per share, down from N7.90kobo.
The NGX Group’s share price fell by N1.50kobo to close at N25 per share, down from N26.50kobo.
NPF Microfinance rounded out the list, dropping from N2.20kobo to N2.08 per share after losing N0.12kobo in market value.
With 35.82 million shares worth N104.93 million, Fidelity Bank led the day’s trade.
Access Bank made a transaction worth N353.71 million worth 33.85 million.
Transcorp came in second, with 32.87 million shares worth N38.50 million.
GTCO traded 23.18 million shares for N613.44 million, while Sterling Bank sold 24.50 million worth N41.90 million.
The following Related Questions:
How much is dollar to naira today Wednesday February 16th, 2022?
“The dollar to naira today is ₦415.76/$”
How much is 1000 dollars in naira Wednesday February 16th, 2022?”
According to data obtained by to Ejes Gist Newspaper 1000 dollars in is ₦415,760.00/$”
How much is 1 dollar in naira today Wednesday February 16th, 2022?”
1 dollar in naira is ₦415.76/$ according to data obtained from I & E window
How much is 100 dollars in naira for today Wednesday February 16th, 2022?
100 dollars in naira is ₦41,576.00/$ this according to data obtained by correspondent
That’s all foR now on the latest news about Black Market Dollar to naira exchange rate today in Nigeria and Official Dollar To Naira Exchange Rate. Always visit this Ejes Gist Newspaper for daily Dollar to Naira Exchange Rate.