Findwhosabi News has obtained the official dollar to the naira exchange rate in Nigeria today, including the Bureau De Change (BDC) rate and CBN rates.
The exchange rate between the Naira and the US dollar according to the data released on the FMDQ Security Exchange is ₦1628.47 per $1 on Wednesday, July 31, and closed at ₦1570.00 per $1 on Thursday, August 01, 2024.
The Nigerian currency is trading as high as ₦1,600 per Dollar at the black market , though the Central Bank of Nigeria (CBN) announced the unification of all segments of the foreign exchange market.
“The operational hours of trades shall be from 9 a.m to 4 p.m, Nigeria time.”
The changes to operations in the country’s FX market imply that Nigeria has eased its control of the naira, allowing the local currency to float freely.
