Dollar To Naira Rate Today January 26, 2024

What is the black market Dollar to Naira rate today January 26, 2024?

The Eagle reports that the Black market Dollar to Naira rate today January 26, 2024 trades at N1420/$ in Lagos and Abuja.

This information was obtained from parallel market operators in both cities.

This implies the local currency dipped against the greenback in the black market segment as yesterday’s session commenced at N1370/$ to settle at N1400/$.

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In the Peer2Peer trading session, the local currency trades as high as N1430/$.

Meanwhile, 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 opened at ₦929.18 per dollar on Thursday, January 25, 2024, and closed at ₦900.96 per $1 on Thursday, January 25, 2024.