Latest update for the USD to NGN exchange rate on February 07, 2025

Here's the latest update for the USD to NGN exchange rate on February 07, 2025:

Official Rate: According to Wise's currency converter, 1 USD equals approximately ₦1,544.64, showing a -0.964% change since yesterday.

Black Market Rate: Recent posts on X and web information indicate:

The buying rate for USD in the black market is around ₦1,605, and the selling rate is around ₦1,615 as per posts from earlier in the week, but no specific update for today was found. 

From the web results, abokiforex.app shows that as of the latest update on February 07, the black market rate was not explicitly mentioned for today, but the last update (on February 02) suggested rates between ₦1590 and ₦1610 for USD.

Please keep in mind that black market rates can vary significantly by location and time, and these rates are often not officially regulated or guaranteed. 

For the most accurate and up-to-date rates, consulting with local money changers or checking real-time financial news sources would be beneficial.

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