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Economy/Stock Market Update

Black Market Dollar To Naira Exchange Rate Today 21st December 2021

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Black market dollar to naira exchange rate (Lagos parallel market) curated by ENigeria Newspaper can be accessed below.

 

How Much Is Dollar To Naira Exchange Rate Today Official Rate?

The official rate today, Tuesday, December 21st, for $1 dollar to naira = ₦414.11/$1.

According to the data at the FMDQ Security Exchange where forex is traded officially, the exchange rate between the naira and the US dollar opened at ₦414.11/$1 on Tuesday 21st, after it closed at ₦414.80 to a $1 on Monday, 20th December 2021.

How much is exchange rate of Dollar to Naira in Black Market today?

The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N567 and sell at N568 on Tuesday, December 21st 2021, according to sources at Bureau De Change (BDC).

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Please note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market), as it has directed individuals who want to engage in Forex to approach their respective banks.

Trading at the official NAFEX window

The exchange rate between the naira and the US dollar opened at ₦414.11/$1 on 20th December 2021 and closed at N414.80/$. Showing a change of 0.07.

According to data from FMDQ, forex turnover stands at $360.18 million.

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