Dollar To Naira Exchange Rate Today, 5th July 2022

Monday, 4th July: Right here is the knowledge about the Buck to Naira rate at the official and sad market replace rate.

Learn Kumornews replace on the official buck rate in nigeria to boot as Unlit Market rates, Bureau De Swap (BDC) rates, and CBN rates.

How Unprecedented Is Buck To Naira Swap Price This day Correct Price?

The official rate this day, Monday, July 4th, 2022, for $1 buck to naira = ₦422.25/$1.

In step with the knowledge obtained from the FMDQ, the build Naira is traded officially, the replace rate between the naira and the US buck opened at ₦422.25/$1 on Monday 4th July, after it closed at ₦425.00  to a $1 on Friday, 1st July 2022.

Kumornews experiences that the buck to naira replace rate has maintained a median of N416.69 to a buck since the initiating of the fresh one year.

How great is a buck to naira this day in the sad market?

The replace rate for a buck to naira at Lagos Parallel Market (Unlit Market) avid gamers purchase a buck for N590 and promote at N610 on Monday, 4th July, in accordance with sources at Bureau De Swap (BDC).

Please camouflage that the Central Bank of Nigeria (CBN) doesn’t acknowledge the parallel market (sad market), as it has directed those that wish to purchase in Forex to plot their respective banks.

Buck to Naira Unlit Market Price This day

Buying and selling at the official NAFEX window

The replace rate between the naira and the US buck opened at ₦422.25/$1 on 4th July, 2022 and closed at ₦425.75/$1. Showing a alternate of 0.18% and a on each day basis turnover of $47.56 million.

In step with knowledge from FMDQ, forward rate went as high as ₦424.50 and as low as ₦417.00.

Direct rate: The buck equipped to the naira as high as ₦444.00 and as low as ₦413.40.

A space replace rate is essentially the most stylish tag degree in the market to straight away replace one currency for one other, for transport on the earliest conceivable worth date.