Dollar To Naira Exchange Rate Today September 9, Official/ Black Market Rates

The respectable Dollar To Naira Exchange Rate Today September 9, Official/ Black Market Rates

Dollar To Naira Exchange Rate Today September 9, Official/ Black Market Rates can be accessed below

The legitimate dollar to naira rate change charge in Nigeria today along with the Black Market charges, Bureau De Change (BDC) fee, and CBN costs.
On Wednesday, the Naira fell further on the parallel facet of the foreign exchange (FX) market, as mounting strain devalued the local currency with the aid of N3.

Naira fell against the U.S. Dollar at the parallel market on Wednesday after keeping stability within the preceding consultation of the marketplace phase.

According to abokiFX, the Nigerian currency exchanged hands with the dollar at N535 in line with $1.This as compared to the N532.00 it changed into bought on the preceding consultation.

Similarly, at the black marketplace, Naira lost N3 towards the British Pound Sterling the day before today to promote at N733/£1 in assessment to N730/£1 it turned into exchanged on Tuesday.

While in opposition to the Euro, it depreciated by using N3 to settle at N629/€1 in contrast to N626/€1 of the previous day

The Naira also closed on the reputable market weaker to the U.S.Dollars despite a massive rise in forex deliver.

According to records posted on FMDQ securities alternate window wherein forex is formally traded, naira exchanged arms with the difficult foreign money at N411.50 consistent with $1 at the section.

This implies a N0.Eighty three or 0.20 consistent with cent depreciation from the N410.67 charge it traded inside the previous consultation on Tuesday.

Foreign change supply elevated by means of 130.60 in keeping with cent with $295.39 million recorded on the market phase as towards the $128.Eleven million posted within the preceding consultation on Tuesday.

During buying and selling on Wednesday, contributors bid for Naira at N400 and N412.Sixteen earlier than ultimate at N411.50.

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