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Home Business & Finance Business

Dollar to Naira exchange rate for today 14 March 2023

Quadri Olaitan by Quadri Olaitan
March 14, 2023
in Business
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Find below, Dollar to Naira exchange rate for today, 14 March 2023.

Frelanews has obtained the official dollar to the naira exchange rate in Nigeria today, including the Bureau De Change (BDC) rate and CBN rates.

What Is The Official Exchange Rate For Dollar To Naira Today?

The exchange rate between the Naira and the US dollar according to the data released on the FMDQ Security Exchange the official forex trading portal showed that the Naira opened at ₦461.50 per dollar on Monday, March 13, 2023, and closed at ₦461.67 per $1 on Monday, March 13, 2023.

Even though the dollar opened in the parallel market for ₦754 per $1, the CBN does not recognise the parallel market, otherwise known as the black market. The apex bank has therefore directed anyone who requires forex to approach their bank, insisting that the I&E window is the only known exchange.

Quadri Olaitan
Quadri Olaitan

Quadri Olaitan is a journalist and contributor to Freelanews.com, covering news, public affairs, and human-interest stories.

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