Dollar (USD) to Naira Black Market Exchange Rate Today – 19th December 2022

Naira Black Market Exchange Rate Today

Monday 19th December 2022, This is the news about the Dollar(USD) to Naira rate at the official and black market exchange rates.

Read CREEBHILLS’s update on the official dollar rate in Nigeria as well as Black Market rates, Bureau De Change (BDC) rates, and CBN rates.

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

The official rate today, Monday, December 19, 2022, for $1 dollar to naira = N451/$1
According to the data obtained from the FMDQ, where Naira is traded officially, the exchange rate between the naira and the US dollar opened at  N451/$1 on Monday, after it closed at N448/$1 on Friday, 16th December 2022.

The dollar-to-naira exchange rate has maintained an average of N416.69 to a dollar since the beginning of the new year.

How much is a dollar to naira today in the black market?

The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N730 and sell at N745 Monday, 19, December 2022 according to sources at Bureau De Change (BDC).

Dollar to Naira Rate for the Past 7 Days

December 16, 2022₦745₦743
December 15, 2022₦745₦740
December 14, 2022₦748₦742
December 11, 2022₦ 743₦ 740
December 9, 2022₦ 750₦745
December 8, 2022₦ 745₦735
December 7, 2022₦738₦730

Please note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market), as it has directed individuals who want to engage in Forex to approach their respective banks.

Dollar to Naira Black Market Rate Today

Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Buying Rate 730
Selling Rate 745

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I'm the Chief- Editor at CreebHills. We strive to constantly provide news in various domains in connection to the Nigerian region and the rest of the world. I work also as a PR and Brand Specialist and aim to grow Creebhiils as a brand to reach mass audiences. You can reach out to me at [email protected]