Business & Economy
Black Market Dollar To Naira Exchange Rate Today 13th December 2021
Black market dollar to naira exchange rate today 13th December 2021 can be accessed here.
IMPORTANT NOTE: The exchange rate changes hourly. The rate of change depends on the volume of Dollars available and the demands. This means one can buy or sell 1 Dollar at ₦572 and the price can change (high or low) within hours.
EKO HOT BLOG has obtained the official Dollar to the Naira exchange rate in Nigeria today including the Black Market rates, Bureau De Change (BDC) rate, and CBN rates.
December 13 Dollar to the Naira official market exchange rate: $1 dollar to naira =₦414.05
How Much Is Dollar To Naira Exchange Rate Today Official Rate?
The exchange rate between the Naira and the US Dollar according to the data posted on the FMDQ Security Exchange where forex is officially traded showed that the Naira opened at ₦414.05 per Dollar on Monday, 13 December 2021, after it closed at ₦415.10 per $1 on Friday, 10 December 2021.
This represents a change of 0.09%.
How much is the exchange rate of Dollar to Naira in Black Market today?
The Nigeria parallel market (black market Dollar exchange rate today) to the Nigerian Naira is as follows: For the Lagos market (black market).
LAGOS PARALLEL MARKET RATES December 13 2021 (BLACK MARKET): Dollar to the Naira exchange rate today black market
December 13 dollar to naira black market exchange rate: $1 dollar to naira = ₦572
Lagos parallel market (black market dollar exchange rate today)
The local currency opened at N572.00 per $1 at the parallel market otherwise known as the black market, today, Monday, 13 December 2021, in Lagos Nigeria, after it closed N570.00 per $1 on Friday, 10 December 2021.
Though the dollar to naira opened in the parallel market at ₦572 per $1 today, Newsone reports that the Central Bank of Nigeria (CBN) does not recognise the parallel market, otherwise known as the black market.
The apex bank has therefore directed anyone who requires forex to approach their bank, insisting that the I&E window is the only known exchange.
This online media platform reports that at the black market, the players buy a dollar for N567 and sell for N572 on Monday morning, December 13, 2021, after they bought N565 and sold for N570 on Friday morning, December 10, 2021.
Meanwhile, EKO HOT BLOG reports that the USD started this week at ₦572 in Parallel Market also known as Black Market on Monday, December 13, 2021 in Lagos Nigeria, after it opened at ₦565 last week Monday, December 6, 2021.
DISCLAIMER:
EKO HOT BLOG does not set or determine forex rates.
The official NAFEX rates are obtained from the website of the FMDQOTC.
Parallel market rates (black market rates) are obtained from various sources including online media outlets.
The rates you buy or sell forex may be different from what is captured in this article.
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