Get information about the US Dollar and the US Dollar to Naira exchange rate today. Determine the USD value in Naira.
Do you need to convert Naira to a foreign currency such as the US Dollar (USD) today? Confused about what to do before exchanging currency? You must first learn how to monitor currency rates.
In contrast to financial transactions between domestic banks, financial transactions between countries are more sophisticated and need consideration of numerous factors, including foreign currency rates, which fluctuate often.
You do not need to visit a bank or money changer to check currency rates. Want to know how to easily and effectively check the exchange rate? Have no fear, VON! provide the following clarification.
| Market | Dollar ($) | Naira (₦) |
| Black market: | $1 | ₦ 680 |
| CBN rate: | $1 | ₦ 420 |