Dollar to Naira Exchange Rate Today 2022

You will have a better chance to prepare and make wise choices if you are fully aware of the Dollar to NGN black market exchange rate right now. The current USD/Naira exchange rate is shown below.

The Dollar To Naira Exchange Rate is 840, which means you can buy Dollars at 840 and sell them at 808 when we examined local dealers’ reports on forex in Lagos and Abuja, respectively.

Additionally, the second-most traded currency, the Euro/Naira, traded on the black market for 835 and 800 respectively. Interestingly, the Pound To Naira Exchange Pricing is 960 at the moment, yet the black market rate to sell a pound is 925.
Today, November 10, 2022, Dollar is being traded at 840 on Black Market (Lagos). Black Market begins this week on Monday, November 7, 2022, with the Dollar trading at 787. This brings the US Dollar’s weekly gain against the Naira to 0.53%.

READ MORE: Dollar to Naira: A further decline in the black market exchange rate

Looking at this month, on Tuesday, November 1, 2022, Dollar was trading at $812 at the start of this month. At the time of writing, the Dollars to Naira exchange rate has increased by 0.28%, trading at 840 as of today.

Dollar to Naira Black Market Rate Today

You must realize that the Naira is under pressure, which keeps the FX market in a state of instability constantly. Although it is impossible to forecast how the market will behave, we are doing our best to keep track of the daily Dollar to Naira exchange rate.

According to a reporter who visited the constantly crowded Wuse Zone 4, the center of bureau de change operators in Abuja noticed that the dollar was now being offered for 808, as opposed to the 840 it had been earlier. The price of a dollar was 808 in Lagos and 808 in Kano.