Dollar To Naira Exchange Rate For Today 18 June 2023

Dollar To Naira Exchange Rate For Today 18 June 2023

Find below, Dollar to Naira exchange rate for today, 18 June 2023.

Lifestyle Nigeria 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 ₦712.50 per dollar on Friday, June 16, 2023, and closed at ₦663.04 per $1 on Friday, June 16, 2023.

Naira traded as high as ₦791 to the dollar at the investors and exporters (I&E) window and closed at ₦702 on Thursday.

The Central Bank of Nigeria (CBN) on Wednesday 14th June 2023 announced the unification of all segments of the forex exchange (FX) market.

In a circular, the CBN said all FX windows are now collapsed into the investors & exporters (I&E) window.

According to the apex bank, the move is part of a series of immediate changes to operations in the Nigerian FX market.

The statement read, “Abolishment of segmentation. All segments are now collapsed into the Investors and Exporters (I&E) window. Applications for medicals, school fees, BTA/PTA, and SMEs would continue to be processed through deposit money banks.





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