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HOW Naira stands against the US Dollar at the Black Market today (November 7, 2022)

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NIGERIAN National Currency, Naira has continued to fall against the United States Dollars since the Central Bank of Nigeria (CBN) announced the redesigning of the National Currency in October 2022.

 

 

As at today, November 7, 2022 the Naira at the Parallel and Black Market stands between N860 and N890 to $1.

 

 

Dollar to Naira Black Market Rate
.
Currency Rate Date User Nick
USD ₦ 860 07/11/2022 Salim >
USD ₦ 860 07/11/2022 Mr Tee >
USD ₦ 870 07/11/2022 Salha uza.. >
USD ₦ 860 06/11/2022 Alhaja >
USD ₦ 890 06/11/2022 ALHAJI SA.. >

Rates.com cannot guarantee correctness of the rates shared by users listed above.

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Dollar to Naira exchange rate in Nigeria black market is between ₦860 and ₦870 with an average of ₦863.33 today on 07/11/2022, according to 3 sell rates shared by the users as comments.

For the last 7 days, between 31/10/2022 and 06/11/2022, Dollar to Naira black market rate took values between ₦735 and ₦890 with an average of ₦815.83. When we compare today’s (07/11/2022) values with the last 7 days, average Dollar to Naira rate had a 47.5 points increase from ₦815.83 to ₦863.33 which corresponds to a 5.82% rise.

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Written by Adesoji OMOSEBI

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