Dollar To Naira Exchange Rate, Today 6th September, 2022

By Tolulope Oke

In the peer-to-peer foreign trading segment, the Dollar to Naira exchange rate today 6th of September 2022 is set at N706.01/$1.

The exchange rate at the official Investors and Exporters market closed at 434.75/$1 to record a change of O.75 per cent when compared to the week’s commencement at N431.5/$1.

Meanwhile, the exchange rate between the local currency and the American Dollar in the unregulated market, also known as the black market continued at N702/$1, the same value it traded this time yesterday. This is according to Lagos currency traders.

On the other hand, the dollar to Naira exchange rate at the official Central Bank of Nigeria’s (CBN) trading segment closed at N426.28/yesterday, compared to N425.55 it concluded trades on Friday, indicating a rise of 0.17 per cent for the foreign currency against the local currency.

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In the crypto world, only Litecoin dipped in the past 24 hours, while seven others appreciated, with Bitcoin Crash recording the highest of over 5 per cent.

Although dipped below the $20,000 value, Bitcoin (BTC) appreciated by 0.84 per cent to sell at $19,908.55, which indicates a positive sign in the past 24 hours of trading.  Ethereum (ETH) appreciated by 5.81 per cent to sell at $1,653 90.79, while Litecoin (LTC) depreciated by 0.40 per cent to sell at $59.49.

Bitcoin Cash (BCH) recorded an appreciation of 5.87% to be sold at $124.5 6.9, IOTA appreciated by 0.60 per cent to be sold at $0.2841, XRP appreciated by 2.59 per cent to be sold at $0.3331,  ADA appreciated by 3.03 per cent to be exchanged at $0.5003, DSH appreciated by 0.86 per cent to be sold at $47.1.