US Dollar rate is ₦362.00 against Naira in Black Market today, January 22, 2020. Initial US Dollar rate was noted as ₦362.00 at the beginning of this week on Monday, January 20, 2020. This equals to no movement for Dollar to Naira exchange rate for this week so far.
When we look at the whole month, we see that USD to Naira exchange rate was ₦362.00 on Thursday, January 02, 2020 at the beginning of January. As of today with Dollar being traded at ₦362.00, we see no rise for US Dollar to Naira exchange rates for this January.
This indicates that the Naira is now stable against the major currencies. It may be indicative of a positive response of the CBN economic policy. Nigerians should be hopeful!