..See Black Market Exchange Rate
Reports from Bureau De Change Operators indicate that the Dollar to Naira today 5th August 2022 at the Black Market currently stands as N620/$1.
QUICK LOAN ARENA reports that the Nigerian Naira is shaking off its losses as it has gained big with respect to the United States Dollar, at the Black Market (also called Parallel Market) with the dollar to Naira today 4th August 2022 standing at N620/$1, compared to N660/$1 it exchanged at the end of last trading session.
The exchange rate between the naira and the US dollar (Dollar to Naira today 5th August 2022) has appreciated to N640/$1 threshold at the parallel mark on Friday, August 5th, 2022. This is according to information from Bureau De Change operators in Lagos State.
Dollar To Naira Today 5th August 2022 at the Black Market: Naira Appreciates By N90 To Exchange At N620/$1 At Black Market
According to Investigations by QUICK LOAN ARENA, the Nigerian Naira has appreciated greatly with respect to the United States Dollar at the Black Market (also called Parallel Market) with the dollar to Naira today 5th August 2022 standing at N620/$1.
Dollar To Naira Today 4th August 2022 at the Black Market
Dollar To Naira Today 5th August 2022 at the Black Market appreciated to N620/$1 though last week trading session ended the week at N720/$1. This is according to information obtained from Bureau De Change operators. This is a N100 strengthening in just one week.
The naira yesterday continued its recovery on the parallel market, otherwise called Black Market, appreciating to N640 per dollar a few days after security operatives raided Bureaux De Change (BDC) hub in Abuja.
The nation’s currency had depreciated to about N720 to a dollar on the parallel market last week.
On the official market side, the naira appreciated by 0.03 percent to close at N428.88 to a dollar on Monday, according to data on FMDQ OTC Securities Exchange, a platform that oversees official foreign-exchange trading in Nigeria.
Tabular Form For Dollar to Naira today 5th August 2022 at the Black Market
| $1 | N640 |
| $5 | N3,200 |
| $10 | N6,400 |
| $15 | N9,600 |
| $20 | N12,800 |
| $30 | N19,200 |
| $40 | N25,600 |
| $50 | N32,000 |
| $75 | N48,000 |
| $100 | N64,000 |
| $200 | N128,000 |
| $500 | N320,000 |
| $750 | N480,000 |
| $1,000 | N640,000 |
