Rundown of the Dollar to Naira exchange rate on Monday 21st – Friday 25th February, 2022

101 views 2:34 pm 0 Comments February 28, 2022

This is the news report on the Dollar to Naira exchange rate at the official and black market on Friday, 21st down to Monday 25th 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, 25th February, 2022 = NGN415.35 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 NGN415.35/USD1 on Friday, 25th February, 2022 after closing at NGN416.00/USD1 on Thursday 24th February, 2022.

BLACK MARKET:

The exchange rate of dollar to naira at the Lagos Parallel Market – Black market on Friday, 25th February, 2022, traders buy a dollar (USD1) at NGN571 and sell at NGN576, 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, 25th February, 2022 after closing at NGN416.00/USD1. The market change shows a difference of -0.06%. appropriately.

Thus, on Friday 25th February sourced data stands at USD134.39 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, 24th February, 2022 = NGN 415.43 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 NGN415.43/USD1 on Thursday, 24th February, 2022 after closing at NGN416.25/USD1 on Wednesday 23rd February, 2022.

BLACK MARKET:

The exchange rate of dollar to naira at the Lagos Parallel Market – Black market on Thursday, 24th 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 NGN415.43/USD1 on Thursday, 24th February, 2022 after closing at NGN416.00/USD1. The market change shows a difference of 0.06%. appropriately.

Thus, sourced data stands at USD68.08 million, from FMDQ, Forex turnover accordingly.

  •  Dollar to Naira exchange rate for Wednesday 23r February, 2022.

OFFICIAL RATE:

The official exchange rate of one dollar (USD1) to naira (NGN) on
Wednesday, 23rd February, 2022 = NGN 414.83 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 NGN414.83/USD1 on Wednesday, 23rd February, 2022 after closing at NGN416.00/USD1 on Tuesday 22nd February, 2022.

BLACK MARKET:

The exchange rate of dollar to naira at the Lagos Parallel Market – Black market on Wednesday, 23rd February, 2022, traders buy a dollar (USD1) at NGN571 and sell at NGN576, 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 NGN414.83/USD1 on Wednesday, 23rd February, 2022 after closing at NGN416.00/USD1. The market change shows a difference of 0.00%. appropriately.

Thus, sourced data stands at USD88.36 million, from FMDQ, Forex turnover accordingly.

  •  Dollar to Naira exchange rate for Tuesday 22nd February, 2022.

OFFICIAL RATE:

The official exchange rate of one dollar (USD1) to naira (NGN) on
Tuesday, 22nd February, 2022 = NGN415.76 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 Tuesday, 22nd February, 2022 after closing at NGN416.67/USD1 on Monday 21st February, 2022.

BLACK MARKET:

The exchange rate of dollar to naira at the Lagos Parallel Market – Black market on Tuesday, 22nd February, 2022, traders buy a dollar (USD1) at NGN571 and sell at NGN576, 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 Tuesday, 22nd February, 2022 after closing at NGN416.00/USD1. The market change shows a difference of -0.16%. appropriately.

Thus, sourced data stands at USD138.95 million, from FMDQ, Forex turnover accordingly.

  • Dollar to Naira exchange rate for Monday 21st February, 2022.

OFFICIAL RATE:

The official exchange rate of one dollar (USD1) to naira (NGN) on
Monday, 21st February, 2022 = NGN 415.90 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 NGN415.90/USD1 on Monday, 21st February, 2022 after closing at NGN416.75/USD1 on Friday 18th February, 2022.

BLACK MARKET:

The exchange rate of dollar to naira at the Lagos Parallel Market – Black market on Monday, 21st 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 NGN415.90/USD1 on Monday, 21st February, 2022 after closing at NGN416.67/USD1. The market change shows a difference of –0.02%. appropriately.

Thus, sourced data stands at USD141.31 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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