Rundown of the Dollar to Naira exchange rate on Monday 14th – Friday 18th February, 2022

177 views 8:17 pm 0 Comments February 21, 2022

This is the news report on the Dollar to Naira exchange rate at the official and black market on Friday, 18th down to Monday 14th February 2022 as gathered by Naija Catapult.

  •  Dollar to Naira exchange rate for Friday 18th February, 2022.

OFFICIAL RATE:

The official exchange rate of one dollar (USD1) to naira (NGN) on
Friday, 18th February, 2022 = NGN415.85 per USD1.

According to the data at the FMDQ Security Exchange where Forex is officially traded, exchange rate between US dollar and the Nigeria naira opened at NGN415.85/USD1 on Friday, 18th February, 2022 after closing at NGN416.67/USD1 on Thursday 17th February, 2022.

BLACK MARKET:

The exchange rate of dollar to naira at the Lagos Parallel Market – Black market on Friday, 18th February, 2022, traders buy a dollar (USD1) at NGN570 and sell at NGN575, according to sources at the Bureau De Change (BDC).

It is important to note that; The Central Bank of Nigeria (CBN) does not in any way recognize the Parallel market Known popularly as Black market, as it has directed individuals who want to engage in Forex to approach their banks respectively.

OFFICIAL NAFEX WINDOW:

The exchange rate of dollar to naira opened at NGN415.85/USD1 on Friday, 18th February, 2022 after closing at NGN416.75/USD1. The market change shows a difference of 0.02%. appropriately.

Thus, on Friday 18th February sourced data stands at USD64.03 million, from FMDQ, Forex turnover accordingly.

  • Dollar to Naira exchange rate for Thursday 17th February, 2022.

OFFICIAL RATE:

The official exchange rate of one dollar (USD1) to naira (NGN) on
Thursday, 17th February, 2022 = NGN 416.00 per USD1.

According to the data at the FMDQ Security Exchange where Forex is officially traded, exchange rate between US dollar and the Nigeria naira opened at NGN416.00/USD1 on Thursday, 17th February, 2022 after closing at NGN416.50/USD1 on Wednesday 16th February, 2022.

BLACK MARKET:

The exchange rate of dollar to naira at the Lagos Parallel Market – Black market on Thursday, 17th February, 2022, traders buy a dollar (USD1) at NGN570 and sell at NGN575, according to sources at the Bureau De Change (BDC).

It is important to note that; The Central Bank of Nigeria (CBN) does not in any way recognize the Parallel market Known popularly as Black market, as it has directed individuals who want to engage in Forex to approach their banks respectively.

OFFICIAL NAFEX WINDOW:

The exchange rate of dollar to naira opened at NGN416.00/USD1 on Thursday, 17th February, 2022 after closing at NGN416.67/USD1. The market change shows a difference of 0.04%. appropriately.

Thus, sourced data stands at USD127.02 million, from FMDQ, Forex turnover accordingly.

  •  Dollar to Naira exchange rate for Wednesday 16th February, 2022.

OFFICIAL RATE:

The official exchange rate of one dollar (USD1) to naira (NGN) on
Wednesday, 16th February, 2022 = NGN 415.79 per USD1.

According to the data at the FMDQ Security Exchange where Forex is officially traded, exchange rate between US dollar and the Nigeria naira opened at NGN415.79/USD1 on Wednesday, 16th February, 2022 after closing at NGN416.00/USD1 on Tuesday 15th February, 2022.

BLACK MARKET:

The exchange rate of dollar to naira at the Lagos Parallel Market – Black market on Wednesday, 16th February, 2022, traders buy a dollar (USD1) at NGN570 and sell at NGN575, according to sources at the Bureau De Change (BDC).

It is important to note that; The Central Bank of Nigeria (CBN) does not in any way recognize the Parallel market Known popularly as Black market, as it has directed individuals who want to engage in Forex to approach their banks respectively.

OFFICIAL NAFEX WINDOW:

The exchange rate of dollar to naira opened at NGN415.50/USD1 on Wednesday, 16th February, 2022 after closing at NGN416.50/USD1. The market change shows a difference of 0.12%. appropriately.

Thus, sourced data stands at USD130.73 million, from FMDQ, Forex turnover accordingly.

  •  Dollar to Naira exchange rate for Tuesday 15th February, 2022.

OFFICIAL RATE:

The official exchange rate of one dollar (USD1) to naira (NGN) on
Tuesday, 15th February, 2022 = NGN415.50 per USD1.

According to the data at the FMDQ Security Exchange where Forex is officially traded, exchange rate between US dollar and the Nigeria naira opened at NGN415.50/USD1 on Tuesday, 15th February, 2022 after closing at NGN416.67/USD1 on Monday 14th February, 2022.

BLACK MARKET:

The exchange rate of dollar to naira at the Lagos Parallel Market – Black market on Tuesday, 15th February, 2022, traders buy a dollar (USD1) at NGN568 and sell at NGN572, according to sources at the Bureau De Change (BDC).

It is important to note that; The Central Bank of Nigeria (CBN) does not in any way recognize the Parallel market Known popularly as Black market, as it has directed individuals who want to engage in Forex to approach their banks respectively.

OFFICIAL NAFEX WINDOW:

The exchange rate of dollar to naira opened at NGN415.50/USD1 on Tuesday, 15th February, 2022 after closing at NGN416.00/USD1. The market change shows a difference of -0.16%. appropriately.

Thus, sourced data stands at USD95.17 million, from FMDQ, Forex turnover accordingly.

  • Dollar to Naira exchange rate for Monday 14th February, 2022.

OFFICIAL RATE:

The official exchange rate of one dollar (USD1) to naira (NGN) on
Monday, 14th February, 2022 = NGN 415.76 per USD1.

According to the data at the FMDQ Security Exchange where Forex is officially traded, exchange rate between US dollar and the Nigeria naira opened at NGN415.76/USD1 on Monday, 14th February, 2022 after closing at NGN416.00/USD1 on Friday 11th February, 2022.

BLACK MARKET:

The exchange rate of dollar to naira at the Lagos Parallel Market – Black market on Monday, 14th February, 2022, traders buy a dollar (USD1) at NGN568 and sell at NGN570, according to sources at the Bureau De Change (BDC).

It is important to note that; The Central Bank of Nigeria (CBN) does not in any way recognize the Parallel market Known popularly as Black market, as it has directed individuals who want to engage in Forex to approach their banks respectively.

OFFICIAL NAFEX WINDOW:

The exchange rate of dollar to naira opened at NGN415.76/USD1 on Monday, 14th February, 2022 after closing at NGN416.67/USD1. The market change shows a difference of 0.16%. appropriately.

Thus, sourced data stands at USD84.65 million, from FMDQ, Forex turnover accordingly.

Read Naija Catapult updates roundup on the official Dollar to Naira rates, Black market rates and Bureau De Change (BDC) rates on Mondays to Fridays.

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