Nigeria News

Dollar to naira exchange rate today 4 January 2022

This is the news about Dollar to Naira rate at the official and black market exchange rate Today January 4, 2022.

Read Naija News update on the official dollar rates as well as Black Market rates, Bureau De Change (BDC) rates, and CBN rates.

How Much Is Dollar To Naira Exchange Rate Today Official Rate?

The official rate today, Tuesday January 4th 2022, for $1 dollar to naira = ₦(yet to be disclosed)/$1.

According to the data at the FMDQ Security Exchange where forex is traded officially, exchange rate between the naira and the US dollar opened at ₦(yet to be disclosed)/$1 on Tuesday 4th, after it closed at ₦435.00 to a $1 on Friday, 31st December 2021.

How much is exchange rate of Dollar to Naira in Black Market today?

The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N570 and sell at N575 on Tuesday, January 4th 2022, according to sources at Bureau De Change (BDC).

Please note that the Central Bank of Nigeria (CBN) does not recognise the parallel market (black market), as it has directed individuals who want to engage in Forex to approach their respective banks.

Trading at the official NAFEX window

The exchange rate between the naira and the US dollar opened at ₦420.67/$1 on 31st December 2021 and closed at ₦435.00/$1.

According to data from FMDQ, forex turnover stands at $150.26 million.

Treasure Orokpo

A multi-talented individual with a passion for diverse fields, Treasure Orokpo is a trained journalist, skilled cook, and AI enthusiast. When she's not uncovering the latest stories, you can find her whipping up culinary creations in the kitchen and entertainment.

Recent Posts

Lagos: Drama in Araromi as monarch clash with masquerade

The annual Jigbo festival, featuring a masquerade, concluded in turmoil in the Araromi area of…

3 hours ago

5 dead, over 70 cars burnt in Rivers tanker explosion

At least five individuals have tragically lost their lives, and more than 70 vehicles have…

4 hours ago

Oyo state announces restriction of movement on Saturday

The Oyo State Government has declared a temporary restriction on movement for the duration of…

9 hours ago

BREAKING: Naira crashes to N1,400 per dollar in new exchange rate

The Naira on Saturday morning depreciated in the Nigerian Foreign Exchange Market, NAFEM, to N1,400…

10 hours ago

Black market Dollar to Naira exchange rate today 27th April 2024

Black market dollar to naira Exchange Rate Today 27th April 2024 can be accessed below. This…

11 hours ago

199 inmates escape as rainstorm destroys Suleja prison

A total of 119 inmates broke free from the Medium Security Custodial Centres in Suleja,…

2 days ago