Latest Dollar To Naira Exchange Rate Today Black Market at the official and Parallel market exchange rates today, Friday, May 20th, 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 Dollar To Naira Exchange Rate Today Official Rate?
The official rate today, Friday May 20th, for $1 dollar to naira = ₦415.98/1$.
According to data from the FMDQ Security, where forex is officially traded, the naira to dollar opened at ₦415.98/1$ on Friday, May 20th, after closing at ₦417.68/1$ on Thursday, May 19th, 2022.
How much is exchange rate of Dollar to Naira in Black Market today in Nigeria?
The dollar is worth ₦598 naira today at the Lagos Parallel Market (Black Market), according to the current exchange rate. Players buy a dollar for ₦595 naira and sell a dollar for ₦598, according to the current exchange rate at Bureau De Change (BDC).
The Central Bank of Nigeria (CBN) does not recognise 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 (CBN Exchange rate Dollar to naira )
The exchange rate between the naira and the USD opened at ₦416.52/$ on 19th May 2022 and closed at ₦416.87/$1.
|Dollar to Naira (USD to NGN)||Black Market Exchange Rate In Lagos|
The Nigerian Naira to Dollar parallel Market today in Rivers State May 20th (Parallel Market) sells at ₦598/1$, according to sources at Bureau De Change (BDC).
|Dollar to Naira (USD to NGN)||Black Market Dollar To Naira Rate Today in Port Harcourt|
Convert US Dollar to Nigerian Naira Today, May 20th 2022. How much are 100 dollars in Naira?
|USD Dollar||Conversion of Dollar Naira|
|1 USD||415.98 NGN|
|10 USD||4,159.8 NGN|
|100 USD||41,598 NGN|
Dollar to Naira Black Market Rate Today 20th May 2022. The U.S. Dollar to Nigerian Naira in Black Market Today.
|Dollar to Naira (USD to NGN)||Black Market Exchange Rate in Nigeria range|
|Buying Rate||590- 595|
|Selling Rate||595 – 598|
xchange Rate of Dollar to Naira yesterday Black Market Closed at ₦598/$
|Dollar to Naira (USD to NGN)||Black Market Exchange Rate Yesterday|
Meanwhile, following a 1.05 percent increase in share value at the close of trading on Thursday, the Nigerian capital market recovered from the previous day’s losses.
The equity capitalisation increased by N298.74 billion to N28.72 trillion after eight hours of trading on the capital market floor, up from N28.42 trillion on Wednesday.
Similarly, the All-Share Index gained 554.15 basis points to close at 53,275.49, up from 52,721.34 the day before.
- Dollar To Naira Exchange Rate Today Black Market
On Thursday, investors traded 274.55 billion shares worth N8.44 billion in 5,184 trades.
However, this fell short of the 611.97 million shares worth N7.42 billion that changed hands in 5,948 transactions on Wednesday.
Transcohot was the top gainer, rising from N5.36kobo to N5.89kobo per share.
Beta Glass’ stock rose N5.55kobo to N62.55kobo per share, up from N57.
McNichols gained N0.17kobo per share, moving from N1.77kobo to N1.94kobo.
Veritas Kapital’s share price increased by 9.52 percent to N0.23kobo per share, up from N0.21kobo.
Multiverse’s share price rose 9.09 percent to N0.24kobo per share, up from N0.22kobo per share.
Conoil, on the other hand, topped the losers’ list after losing N3.15kobo and falling from N31.50kobo to N28.35kobo per share.
Eterna’s stock dropped N0.70kobo to N6.60kobo per share, down from N7.30kobo.
Prestige’s stock price dropped 9.09 percent to N0.40kobo per share, down from N0.44kobo.
Chams’ share price dropped 8.33 percent during trading, from N0.24kobo to N0.22kobo per share.
The Royal Exchange dropped from N1.36kobo to N1.26kobo per share after losing N0.10kobo.
With 48.38 million shares valued at N61.4 million, Transcorp led the day’s trading.
MTN Nigeria came in third, with 20.60 million shares worth N5.49 billion.
Conoil sold 14.34 million shares worth N409.10 million on the market.
First Bank Holdings sold 13.53 million shares worth N162.45 million, while GTCO sold 13.72 million worth N328.08 million.
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 ₦.
Dollar To Naira Exchange Rate Today Black Market ( This Week )
As Ejes Gist News reports, during the first trading day of the week on Friday, May 4, 2022, in the Parallel Market, also known as the Black Market, the USD opened the week at ₦595. Since last Friday, when it opened at ₦578 Naira per dollar, there has been a 2 naira change in the exchange rate.
First Bank current dollar to naira exchange rate.
First of Nigeria Plc Currency Exchange Rate is $1 = ₦480.00
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Zenith bank Dollar to naira exchange rate today.
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.
- Dollar To Naira Exchange Rate Today
Black Market Dollar To Naira Exchange Rate Today Friday, May 20th, 2022
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 CBN Nigeria Exchange Rate 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 Naira To Dollar Exchange Rate Today, Crude, FX Market.
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