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LATEST Exchange rate of Naira to a US Dollar (OFFICIAL AND BLACK MARKET RATE

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THIS is the latest market rate of Naira to a US Dollar in the Official and Black Market as at Monday, August 22, 2022.

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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 ₦428.00/$1 on Monday 22nd August and closed at ₦429.05 to $1.

BLACK MARKET RATE FOR AUGUST 22, 2023

Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Buying Rate 680
Selling Rate 710
Naija News reports that the US dollar to naira exchange rate changes hourly. The exchange rate fluctuates depending on the volume of dollars available and the demand for it. This means the exchange rate you buy and sell the dollar could be different hours later (high or low).

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Written by Bola Ogunmuyiwa

BSc Agric Science

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