Dollar To Naira Exchange Rate, Today 12th September, 2022

By Tolulope Oke

In the peer-to-peer (P2P) currency segment, exchange rate trade between the American Dollar To Naira today, 12th of September is set at N705.84/$1.

The local currency appreciated against the foreign counterpart, as the previous concluding trade session ended at N711.37/$1.

On the other hand, the black market currency trade is exchanged at N711/$1, indicating a flat rate since the previous trading segment. This is according to currency traders in Lagos.

In the official Nigerian Autonomous Foreign Exchange Rate Fixing (NAFEX) trading window, the Naira closed at N436.33, representing a stale change in the trading session.

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However, the Naira depreciated at 0.08 per cent in the official Central Bank of Nigeria’s (CBN) forex trading segment to sell at N428.1/$1 compared to the N427.76/$1 it sold in the previous session.

Meanwhile, in the digital currency trend, Bitcoin progressively soared against the $20,000 benchmark it stood in the past few weeks. Ethereum (LTC), Litecoin (LTC) and Carnado (ADA) continued on its bearish stance, while others progressed on a bullish movement in the past 24 hours.

Bitcoin (BTC) appreciated by 2.58% to sell at $22,226.83 558.03, Ethereum (ETH) fell by 0.49% to sell at $1,755.17, Litecoin (LTC) fell by 0.78% to trade at $62.55, while Bitcoin Cash (BCH) appreciated by 1.15% to sell at $131.8.
IOTA appreciated by 1.92% to sell at $0.2974, XRP appreciate by 0.20% to sell at $0.3567, while ADA fell by 0.79% to sell at $0.5126 DSH soared by 2.62% to sell at $49.31.