Dollar to naira exchange rate today Monday February 21, 2022.
Olainfo has got for you, all you need to know about the exchange rate of American currency, Dollar to Nigerian currency, Naira today, February 21, 2022.
I will be sharing with you the current exchange rate between Dollar ($) and Naira (₦) at the parallel market (black market) and the official market today,
February 21, 2022.
How Much is Dollar to Naira Exchange Rate Today at Black Market
On the exchange rate at parallel market, popularly known as black market today, February 21, 2022, Olainfo learnt that, American currency, Dollar on Friday February 18, 2022, buys for ₦567 and sells at ₦570 per $1.
How Much is Dollar to Naira Exchange Rate Today at The Official Market
Meanwhile, the official rate opened at ₦415.85 per $1 on Monday, February 21, 2022 according to FMDQ Security Exchange where forex is traded officially
Olainfo learnt that, at the official market, $1 was exchanged for ₦415.85/$1.. The official exchange rate opened at ₦415.85/$1 on Monday 21, after it closed at ₦416.67 per $1 on Friday February 18, 2022.
Olainfo reports that, the dollar to naira exchange rate has maintained an average of N416.69 to a dollar since the beginning of the new year.
However, note that, exchange rate changes hourly. … it depends on the volume of dollars available and the demands. What it means is that…you can buy or sell 1 dollar at ₦500 and the price can change (high or low) within hours.
This above data on the black market was obtained from Bureau De Change (BDC) on Friday February 18, 2022.