{"id":7641,"date":"2022-07-08T06:29:02","date_gmt":"2022-07-08T06:29:02","guid":{"rendered":"https:\/\/ideemlawful.com\/?p=7641"},"modified":"2022-07-08T06:29:05","modified_gmt":"2022-07-08T06:29:05","slug":"dollar-to-naira-exchange-rate-today-8th-july-2022","status":"publish","type":"post","link":"https:\/\/ideemlawful.com\/wp\/dollar-to-naira-exchange-rate-today-8th-july-2022\/","title":{"rendered":"Dollar To Naira Exchange Rate Today, 8th July 2022"},"content":{"rendered":"\n<p>Below are some updates of exchange rate on dollar and naira concluded as at the of publishing this report, <strong>iDeemlawful reports<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-how-much-is-dollar-to-naira-exchange-rate-today-official-rate\"><strong>How Much Is Dollar To Naira Exchange Rate Today Official Rate?<\/strong><\/h2>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-the-official-rate-today-thursday-july-7th-2022-for-1-dollar-to-naira-426-31-1\"><strong>The official rate today, Thursday, July 7<\/strong><strong>th<\/strong><strong>,<\/strong><strong>&nbsp;2022<\/strong><strong>, for $1 dollar to naira = \u20a6426.31\/$1.<\/strong><\/h4>\n\n\n\n<p>According to the data obtained from the\u00a0<strong><a href=\"https:\/\/fmdqgroup.com\/exchange\/\" target=\"_blank\" rel=\"noreferrer noopener\">FMDQ<\/a><\/strong>, where Naira is traded officially, the exchange rate between the naira and the US dollar opened at\u00a0<strong>\u20a6426.31\/$1<\/strong>\u00a0on Thursday 7th July, after it closed at\u00a0<strong>\u20a6427.75\u00a0<\/strong>\u00a0to a $1 on Wednesday, 6th July 2022.<\/p>\n\n\n\n<p>How much is a dollar to naira today in the black market?<\/p>\n\n\n\n<p>The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N590 and sell at N611 on Thursday, 7th July, according to sources at Bureau De Change (BDC).<\/p>\n\n\n\n<p>Please note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market), as it has directed individuals who want to engage in Forex to approach their respective banks.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Trading at the official<a target=\"_blank\" rel=\"noreferrer noopener\"> <\/a><\/strong>NAFEX window<\/h4>\n\n\n\n<p>The exchange rate between the naira and the US dollar opened at&nbsp;<strong>\u20a6426.31<\/strong><strong>\/$1<\/strong>&nbsp;on 7th July, 2022 and closed at&nbsp;<strong>\u20a6428.16<\/strong><strong>\/$1<\/strong><strong>.&nbsp;<\/strong>Showing a change of&nbsp;<strong>0.10%&nbsp;<\/strong>and a daily turnover of<strong>&nbsp;$222.84 million.<\/strong><\/p>\n\n\n\n<p>According to data from&nbsp;<strong>FMDQ<\/strong>, forward rate went as high as&nbsp;<strong>\u20a6445.50<\/strong>&nbsp;and as low as&nbsp;<strong>\u20a6426.00.<\/strong><\/p>\n\n\n\n<p><strong>Spot rate:<\/strong>\u00a0The dollar sold to the naira as high as\u00a0<strong>\u20a6444.00<\/strong>\u00a0and as low as\u00a0<strong>\u20a6413.50.<\/strong><\/p>\n\n\n\n<p>A spot exchange rate is the current price level in the market to directly exchange one currency for another, for delivery on the earliest possible value date.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Below are some updates of exchange rate on dollar and naira concluded as at the of publishing this report, iDeemlawful reports How Much Is Dollar &#8230; <a title=\"Dollar To Naira Exchange Rate Today, 8th July 2022\" class=\"read-more\" href=\"https:\/\/ideemlawful.com\/wp\/dollar-to-naira-exchange-rate-today-8th-july-2022\/\" aria-label=\"Read more about Dollar To Naira Exchange Rate Today, 8th July 2022\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":7642,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2208,330],"tags":[987,664],"class_list":["post-7641","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-news","tag-dollars","tag-naira","resize-featured-image"],"_links":{"self":[{"href":"https:\/\/ideemlawful.com\/wp\/wp-json\/wp\/v2\/posts\/7641","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ideemlawful.com\/wp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ideemlawful.com\/wp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ideemlawful.com\/wp\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ideemlawful.com\/wp\/wp-json\/wp\/v2\/comments?post=7641"}],"version-history":[{"count":0,"href":"https:\/\/ideemlawful.com\/wp\/wp-json\/wp\/v2\/posts\/7641\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ideemlawful.com\/wp\/wp-json\/wp\/v2\/media\/7642"}],"wp:attachment":[{"href":"https:\/\/ideemlawful.com\/wp\/wp-json\/wp\/v2\/media?parent=7641"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ideemlawful.com\/wp\/wp-json\/wp\/v2\/categories?post=7641"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ideemlawful.com\/wp\/wp-json\/wp\/v2\/tags?post=7641"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}