Dollar To Naira Exchange Rate Today 12 October 2021 (Black Market Rate)
Below is the current dollar to naira exchange rate, as well as the black market rate.
Fasnews reports the official dollar to naira exchange rate in Nigeria, as well as Black Market, Bureau De Change (BDC), and Central Bank of Nigeria (CBN) rates.
How Much Is Dollar To Naira Exchange Rate Today Official Rate? Official dollar-to-naira exchange rate as of October 12: $1 = N413.64 The naira began trading at N413.64 per $1 on Tuesday, October 12th, 2021, after closing at N414.40 per $1 on Monday, October 11th, 2021, according to statistics posted on the FMDQ Security Exchange, where forex is formally exchanged.
This corresponds to a 0.03 percent change. How much is exchange rate of Dollar to Naira in Black Market today?
The current Nigerian Naira parallel market (black market dollar exchange rate) is as follows: For the market in Lagos (black market).
LAGOS PARALLEL MARKET RATES October 12, 2021 (BLACK MARKET): dollar to naira exchange rate today black market
October 12 dollar to naira black market exchange rate: $1 dollar to naira = N575
Dollar to Naira exchange rate today
Lagos parallel market (black market dollar exchange rate today) The local currency began at N575.00 per $1 on the parallel market, also known as the black market, in Lagos, Nigeria, today, Tuesday, October 12th, 2021, after closing at N575.00 per $1 on Monday, October 11th, 2021. This is a $0 difference from the prior day.
Despite the fact that the dollar to naira exchange rate started in the parallel market at 575 for $1 today, the Central Bank of Nigeria (CBN) does not acknowledge the parallel market, popularly known as the black market. As a result, anyone in need of money should contact their bank, with the I&E window, according to the apex bank, being the only known exchange.