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  • Black Market Dollar To Naira Exchange Rate Today February 12, 2022

Black Market Dollar To Naira Exchange Rate Today February 12, 2022

By on February 12, 2022 0

The black market dollar to naira exchange rate today February 12, 2022 can be accessed below.

IMPORTANT NOTE: Please note that the exchange rate changes every hour.…it depends on the volume of dollars available and on demand. What this means is… you can buy or sell 1 dollar at ₦575 and the price can change (up or down) within hours.

February 12 official market exchange rate from dollar to naira: 1 dollar to naira = ₦415.31

How much is the dollar to naira exchange rate today?

The exchange rate between the Naira and US dollar according to the data displayed on the FMDQ security scholarship or forex is officially traded showed that the naira was opening up to ₦415.31 per dollar on Saturday, February 12, 2022after that closed at ₦416.67 for $1 on Friday, February 11, 2022. This represents a variation of -0.16%.

What is the dollar to naira exchange rate on the black market today?


The Nigerian parallel market (current black market dollar exchange rate) against the Nigerian naira is as follows: for the Lagos market (noir Marlet).

LAGOS PARALLEL MARKET RATE 12 Feb 2022 (BLACK MARKET): exchange rate from dollar to naira today black market

Black Market Dollar To Naira Exchange Rate Today February 12, 2022

February 12 black market exchange rate of dollar to naira: 1 dollar to naira = ₦575

Lagos Parallel Market (Dollar exchange rate on the black market today)

The local currency opened at N575.00 for $1 on the parallel market

otherwise known as black market, today, Saturday, February 12, 2022in Lagos, Nigeria after that closed N575.00 for $1 on Friday February 11, 2022.

Even if the dollar to naira opened in the parallel market at ₦575 for $1 today, newsone reports that the The Central Bank of Nigeria (CBN) does not recognize the parallel marketotherwise known as black market. The apex bank therefore ordered anyone in need of foreign currency to approach their bank, insisting that the I&O window

is the only known exchange.

Black Market Dollar To Naira Exchange Rate Today February 12, 2022
CBN Governor, Godwin Emefiele.

Newsone Nigeria reports that on the black market, gamers buy a dollar for N570 and sell for N575 on Saturday morning February 12, 2022 after buying N570 and sold for N575 Friday, February 11, 2022.