Dollar To Naira Rate Today February 20, 2024

What is the black market Dollar to Naira rate today February 20, 2024?

The Eagle reports that the Dollar to Naira exchange rate today February 20, 2024 trades at N1700/$. This information was obtained from parallel market operators in Lagos, Abuja and Ibadan.

In the Peer2Peer trading segment, the local company trades at N1705/$.

READ ALSO: Dollar To Naira Rate Today February 19, 2024

The exchange rate between the Naira and the US dollar according to the data released on the FMDQ Security Exchange, the official forex trading portal showed that the Naira closed at ₦1517.8 per $1 on Monday, February 19, 2024.

This implies that the local currency saw a rebound against the greenback as Friday’s trade concluded at N1537/$.