Just like yesterday, the Dollar to Naira Black market exchange rate for 3rd August 2022 with the Dollar to Naira CBN Exchange Rate has not seen any positive change.
These days, many dealers have held back from exchanging from Dollar to Naira while many are seeking to buy more dollars to pile.
It is believe that the Naira may continue to depreciate against dollar and dollar will keep appreciating against Naira possibly till this year runs.
So let’s find out how much $1 USD dollar to Naira is today 3rd August 2022 both in black market and CBN exchange rate.
CBN Dollar to Naira Exchange Rate 3rd August 2022
Just as it has been yesterday and day before yesterday, the dollar to Naira CBN exchange rate as of today 3rd August 2022 still remain at N416 per dollar.
This simply means that $1 USD dollars is exchanged for N415 at the Central Bank of Nigeria (CBN) exchange rate as of today 3rd August 2022.
CBN Rate Breakdown
| $1 Buying(NGN) | $1 Selling(NGN) | |
| CBN Rate | 416.19 | 417.19 |
Note: This data is subject to change at any time. For accurate and up-to-date data CBN Exchange rate, visit the CBN exchange rate portal via https://www.cbn.gov.ng/rates/exchratebycurrency.asp
Dollar to Naira Black Market Exchange Rate 3rd August 2022
There are slight changes today, 3rd August 2022, as dollar to Naira exchange rate in the black market has fluctuated slightly below how it was yesterday.
How much is Dollar to Naira Black Market 3rd August 2022?
The dollar to Naira Black market exchange rate as of today 3rd August 2022 is N690 per dollar. Meanwhile, the price is still within a range as that of yesterday.
Reporters have it that dollar to Naira exchange rate in black market as of today 3rd August 2022 sells between N680 to N708 per dollars.
The major cities that experienced huge black market exchange rates include Uyo, Kano, Enugu, Abuja, Imo State, Kaduna, Katsina, Port Harcourt, Lagos, etc.
Check also:
Black Market Rate Breakdown
| $1 Buying(NGN) | $1 Selling(NGN) | |
| Bereau de Change Rate | N690 per dollar | N700 per dollar |
Note: CBN still insist that black market dollar buying and selling is illegal. So we advise you to stay clear of it to avoid legal action by the Central Bank of Nigeria (CBN).
With this, I believe you known the rate at which Dollar exchange to Naira for 3rd August 2022 at the Black market exchange rate and at the CBN rate.