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Dollar to Naira Exchange Rate Today 29 May, 2022


DollarToday, 29 May, 2022, this is the news update on the Dollar to Naira exchange rate at the official and black market exchange rates.

How Much Is Dollar To Naira Exchange Rate Today Official Rate?

According to data posted on the FMDQ Security Exchange, where forex is officially traded, the naira opened at N415.22 per dollar on Sunday, 29 May, 2022, after closing at N415.22 per $1 on Sunday, 29 May, 2022, with an official change rates of 0.11 and 0.16.

How Much Is Dollar To Naira Exchange Rate Today in (Black Market)?

According to reports at the Bureau De Change, on Sunday, 29 May, 2022, players in the Lagos Parallel Market (Black Market) buy a dollar for N585 and sell it for N605 (BDC).

NOTE: The Central Bank of Nigeria (CBN) does not recognize the parallel market (black market), and has advised people who want to trade in foreign exchange to go to their local banks.

For timely news updates on market exchange rate, simply leave a comment below this article with your thoughts so that we can keep you informed.

What do you think?

Mark Andura

Written by Mark Andura is a Resource for the Latest News and Updates in Benue, Nigeria and Around the World, From Politics, Sports, Business, Education, Culture, Entrainment, Jobs, and More.

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