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Aboki Dollar to Naira Today Nov. 7

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aboki dollar to naira rates today

How much is dollar to naira today Aboki rate

Aboki FX dollar to naira today is N875/$1. 

The Aboki exchange rate between the naira and the US dollar declined further at the black market on Monday, 7th November 2022, although at a slower pace trading at an average of N875/$1, in contrast to an average of N870/$1 recorded in the previous trading session.

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P2p Dollar to Naira Rate in Nigeria

The exchange rate at the cryptocurrency peer-to-peer USDT market between the local currency and the US dollar moderated by 1.42% to trade at a minimum of N861/$1 on Monday morning from N873.44/$1 that it traded at the same time on Friday, 4th November, 2022.

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Meanwhile, the naira closed against the US dollar on Friday at N445.5/$1, recording a slight upward movement from N445.75/$1 that it closed in the previous trading session.

Also, FX turnover at the I&E window declined by 43.63% to $94.07 million on Friday, as against $166.88 million that was traded on Thursday.

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Nigeria’s external reserve recorded a rare upward movement after gaining 0.001% to stand at $37.3658 billion as of 4th November 2022 from $37.3656 recorded as of the previous day.

NAFEX window

The dollar to naira exchange rate at the official market closed at N445.5/$1 on Friday, 4th November 2022, a 0.06% appreciation from N445.75/$1 recorded in the previous trading day.

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  • The opening indicative rate closed at N442.88/$1 on Friday, 4th November 2022.
  • Furthermore, an exchange rate of N447/$1 was the highest rate recorded during intra-day trading before it settled at N445.5/$1, while it traded as low as N431/$1 during intra-day trading.
  • A total of $94.07 million in FX value was traded at the Investors and Exporters window on Friday, which is 43.63% lower than the $166.88 million traded on Thursday.

The CBN rate is also slow paced in upward movements but has seen gradual hike in recent times.

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