Dollar To Naira Rate Today February 19, 2024

What is the black market Dollar to Naira rate today February 19, 2024?

The Eagle reports that the Dollar to Naira exchange rate today February 19, 2024 trades at N1660/$. This is according to black market operators in lagos and Abuja.

In the Peer2Peer trading segment, the local company trades at N1670/$.

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Meanwhile, the naira depreciated to N1,537/$ on Friday from N1,498/$ recorded at the close of trading activity on Thursday at the official NAFEM market.

Analysis of data obtained from FMDQ Security Exchange showed that forex turnover plunged by 74 percent to $84.10m on Friday from $336.11m on Thursday.