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Black Market Dollar To Naira Exchange Rate Today 5th February 2022

Black market greenback to naira trade fee at present fifth February 2022 might be accessed under.

IMPORTANT NOTE: Please observe that the trade fee adjustments hourly.… it depends upon the amount of {dollars} accessible and the Calls for. What it means is that…you possibly can purchase or promote 1 greenback at ₦570 and the value can change (excessive or low) inside hours.

February fifth greenback to naira official market trade fee: $1 greenback to naira =₦415.50

How A lot Is Greenback To Naira Trade Price At the moment Official Price?

The trade fee between the Naira and the US greenback in response to the information posted on the FMDQ Safety Trade the place foreign exchange is formally traded confirmed that the naira opened at ₦415.51 per greenback on Saturday, 5 February 2022, after it closed at ₦416.33 per $1 on Friday, 4 February 2022. This represents a change of 0.06%.

How a lot is trade fee of Greenback to Naira in Black Market at present?


The Nigeria parallel market (black market greenback trade fee at present) to the Nigerian Naira is as follows: For the Lagos market (black market).

LAGOS PARALLEL MARKET RATES February 5, 2022 (BLACK MARKET): greenback to naira trade fee at present black market

Black Market Dollar To Naira Exchange Rate Today 5th February 2022

February 5 greenback to naira black market trade fee: $1 greenback to naira = ₦570

Lagos parallel market (black market greenback trade fee at present)

The native foreign money opened at N570.00 per $1 at the parallel market

in any other case often called the black market, at present, Saturday, 5 February 2022, in Lagos Nigeria after it closed N570.00 per $1 on Friday, 4 February 2022.

Though the greenback to naira opened within the parallel market at ₦570 per $1 at present, Newsone reviews that the Central Financial institution of Nigeria (CBN) doesn’t recognise the parallel market, in any other case often called the black market. The apex financial institution has due to this fact directed anybody who requires foreign exchange to strategy their financial institution, insisting that the I&E window

is the one identified trade.

Black Market Dollar To Naira Exchange Rate Today 5th February 2022
CBN Governor, Godwin Emefiele.

Newsone Nigeria reviews that on the black market, the gamers purchase a greenback for N565 and promote for N570 on Saturday morning, February 5, 2022 after they purchased N565 and offered for N570 on Friday morning, February 4, 2022.

In the meantime, Newsone Nigeria reviews that the USD began this week at ₦570 in Parallel Market also called Black Market on Monday, January 31, 2022 in Lagos Nigeria, identical quantity it opened at final week Monday, January 24, 2022.

DisclaimerNEWSONE NIGERIA doesn’t set or decide foreign exchange charges. The official NAFEX charges are obtained from the web site of the FMDQOTC. Parallel market charges (black market charges) are obtained from numerous sources together with on-line media shops. The charges you purchase or promote foreign exchange could also be completely different from what’s captured on this article.



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Jay Immanuel is a passionate blogger who is keen to pass across relevant information to users in the web. He can be reached at [email protected]

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