Dollar To Naira Rate Today 22nd January, 2024

What is the black market Dollar to Naira exchange rate today 22nd January, 2024?

The Eagle reports that the unofficial trading market (black market) operators in Lagos and Abuja are trading Dollar to Naira at N1360/$ today, 22nd January, 2024.

The local currency further slumped against the USD as Sunday’s session settled at N1350/$.

The buying rate is N1355/$ in Lagos, and trades the same in Abuja, while the selling rate is N1360/$ in both cities.

At the Peer2Peer (P2P) trading exchange, the local currency fell to commence trade at N1370/$ against N1360/$ it traded yesterday

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Naira also recorded a slight decline against the United States currency in the Nigerian Autonomous Foreign Exchange Market (NAFEM) segment of the foreign exchange (FX) market on Friday, January 19.

During the last trading session of the week, the value of the Nigerian currency slumped by 0.04 per cent or 33 Kobo to close at N902.45/$1 compared with Thursday’s closing price of N902.08/$1.