Naira to dollar black market/CBN rates 20th April 2022

The Nigerian currency exchange market is interesting these days. Results show that the naira is trading lower than the dollar, so if you have a couple of hundreds of dollars you want to exchange for a dollar, you can expect good returns.

 

The exchange rate at the black market between the dollar and naira shows that today, 20th of April, the naira sells for N435 to $1 at the official market or CBN rate, while sells for N590 to $1 at the parallel market or black market. You can buy it at N587 for $1 today.

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