The dollar to Naira black market exchange rate as of today 1st August 2022 has experienced another turn around especially in the black market.
Those who are either buying or selling dollars are eagerly asking how much is Dollar to Naira in black market today?
Let’s find out how much dollar is being exchanged in Nigeria and the dollar to Naira black market exchange rate as of 1st August 2022.
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How Much is Dollar to Naira Today CBN 1st August 2022?
The Central Bank of Nigeria (CBN) official dollar to Naira exchange rate as of today 1st August 2022 is N415. Dollars sells at N415 and buys at N415 at CBN rates.
But the sad thing is that, the black market exchange rate is not the to sell US dollar and N415.87 to buy USD wit Naira, as at July 29, 2022.
How much is Dollar to Naira Black Market 1st August 2022
The black market (bureau de change) dollar to Naira exchange rate as of today 1st August 2022 is N730. As of today 01/08/2022, 1 dollar sells between N730 in the black market.
According to the reports we are receiving, dollar is selling between N730 to 735 in some areas in Lagos, Abuja, Port Harcourt, Uyo, Enugu, etc.
Recently, the high exchange rate of dollar to Naira has experience so much hike, which has caused uproar among the citizen because of the high cost of living.