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Latest US Dollar To Naira Black Market Rates Today, 16th September 2022

What’s the Dollar to Naira Change fee on the official CBN fee, aboki fx, and the black market? How a lot is the Dollar to Naira alternate fee at this time, fifteenth September 2022? You exchange your greenback to Naira at these charges, otherwise you convert your greenback to Naira at the latest, official CBN fee, black market, or parallel market fee.
How A lot IsDollar To Naira ExchangeRate Right now Official Price?

The official fee at this time, Thursday, September fifteenth, 2022, for 1 greenback to naira = 434.75/$1.
Based on the info obtained from the FMDQ, the place Naira is traded formally, the alternate fee between the naira and the US greenback opened at 434.75/$1 on Thursday fifteenth September and closed at 436.33 to $1.
US Dollar to Naira Black Market Price Right now, fifteenth September 2022.

Dollar to Naira (USD to NGN)
Black Market Change Price Right now

Shopping for Price
700

Promoting Price
711

SapaTV reviews that the US greenback to naira alternate fee adjustments hourly. The alternate fee fluctuates relying on the quantity of {dollars} obtainable and the demand for it. This implies the alternate fee you purchase and promote the greenback might be totally different hours later (excessive or low).

Components that might Affect International Change Rates in Nigeria

Circumstances of Commerce
Speculators
Authorities Debt
Curiosity Rates
Inflation Rates

Bureau De Change operators have cited an absence of FX and a surge in demand for the latest uncontrolled uptrend recorded out there. In the identical vein, some financial institution customers who’ve FX of their domiciliary account advised Nairametrics that they haven’t been in a position to withdraw their funds from the financial institution attributable to tightened liquidity.

The Nationwide Bureau of Statistics (NBS) has launched yet one more worrisome report on the rise within the worth of products and companies within the nation.
The federal government company in its newest report famous that the buyer worth index (CPI) which measures the speed of change in costs of products and companies, rose to twenty.52 per cent in August 2022, exhibiting a distinction of 19.64 per cent when in comparison with figures within the earlier month.
SapaTV understands that the interpretation of those is that, Nigerias meals inflation fee and different companies have simply hit the very best since October 2005.
NBS famous within the CPI report for August 2022 made obtainable for public consumption on Thursday, September 15, that the speed improve recorded as of August this yr was 3.52 per cent increased than the 17.01 per cent recorded in August 2021.
Based on the report, will increase had been recorded in all classifications of particular person consumption in line with objective (COICOP) divisions that yielded the headline index.

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