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Dollar To Naira Exchange Rate Today, 18 May 2022

Business & Economy Exchange Rate Trending

How Much Is Dollar To Naira Exchange Rate Today 18 May 2022 ?

The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N597 and sell at N605 on Wednesday, May 18th 2022, according to sources at Bureau De Change (BDC).

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

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Dollar to Naira Black Market Rate Today
Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Buying Rate 597
Selling Rate 605
Trading at the official NAFEX window
The exchange rate between the naira and the US dollar opened at ₦417.30/$1 on 17th May, 2022 and closed at ₦421.50/$1. Showing a change of 0.60% and a daily turnover of $70.68 milli

A spot exchange rate is the current price level in the market to directly exchange one currency for another, for delivery on the earliest possible value date.Container clearing cost has increased by 67 per cent, resulting in increases in the prices of vehicle spare parts.

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