Categories: Business & Economy

Latest Dollar To Naira Exchange Rate Today Sunday 19th December 2021

Latest dollar to naira exchange rate today, 19th December 2021 can be accessed below.

On this page, Eko Hot Blog compiles dollar to naira exchange rates daily during the week so our readers can easily have access to the rates the American dollar exchanged against the Nigerian naira each day for the week.

Eko Hot Blog reports that the dollar to naira exchange at the official market, as well as, at the parallel market otherwise known as the black market for each day during the week will be accessed by our readers.

Below are the dollar to naira exchange rate for each of the days during the week…

Dollar Jumps As Omicron Spreads Amid Rate-Hike Talk

Eko Hot Blog understands that the dollar index against major currencies rose 0.7%, recouping all of the value it had lost on Thursday following a series of central bank policy statements.

The euro and British pound fell 0.8% and 0.6%, respectively, after having booked gains the two previous days. The euro stood at $1.1239 and the pound at $1.3236 at 2100 GMT

Naira Gains Massively At Official Market, See New Exchange Rate

The Naira, Eko Hot Blog reports, gained against the US dollar on Wednesday to close at N414.25/$1. This represents a 0.13% gain when compared to the N414.80 that was recorded in the previous trading sessions as the pressure on the country’s external reserves continued with a decline of $157 million

Naira Crashes Massively At Black Market After Steady Exchange Rate

Eko Hot Blog reports that the Nigerian official currency, Naira has crashed against the United States dollar exchanging at N572/$1 weeks after a steady exchange rate of N565/$1

Black Market Dollar To Naira Exchange Rate Today 18th December 2021

Eko Hot Blog has obtained the official dollar to naira exchange rate in Nigeria today including the Black Market rates, Bureau De Change (BDC) rate, and CBN rates.

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 #414.13 per dollar on Thursday, 16 December 2021, after it closed at #414.80 per $1 on Wednesday, 15 December 2021. This represents a change of 0.13

 

Dollar To Naira Exchange Rate Remains Stable At Official Market

Eko Hot Blog reports that dollar to naira exchange rate closed at N415.07/$1 at the official Investors and Exporters (I&E) window.

This online newspaper understands that Naira remained stable against the US dollar on Thursday to close at N415.07/$1. This was the same rate that was recorded in the previous trading sessions as a drop in the country’s external reserves continues with a decline of $20 million…

Naira Crashes At Official Market Despite Forex Supply Improvement

Eko Hot Blog reports that the exchange rate between the naira and the US dollar closed at N415/$1 at the official Investors and Exporters (I&E) window.

Naira depreciated against the US dollar on Monday to close at N415/$1, representing a 0.07% drop compared to N414.73/$1 recorded in the previous trading sessions as drop in the country’s external reserve continues with a decline of $33 million

Naira Gains At Official Market As External Reserves Rise Massively

Eko Hot Blog reports that the exchange rate between the naira and the US dollar closed at N414.73/$1 at the official Inves tors and Exporters (I&E) window…

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Naira Maintains Position Against Dollar At Parallel Market

Eko Hot Blog reports that the Nigerian official currency, Naira has maintained its position against dollar weeks after a steady rise which saw it gaining over N25 since it fell to its lowest of N575 to a dollar on September 20, 2021..

Naira Gains Massively At Official Market, See New Exchange Rate

Eko Hot Blog reports that the exchange rate between the naira and the US dollar closed at N414.8/$1 at the official Investors and Exporters (I&E) window on Friday…

How Naira Started December Against Dollar At Parallel Market

Eko Hot Blog reports that Nigerian official currency, naira, has crashed against the American official currency, dollar, at the parallel market also known as the black market on Thursday, December 3, trading at ₦565 per a dollar with Bureau De Change (BDC) operators buying at at ₦560 per a dollar as at 9:15 am in the Lagos market…

Naira Settles Flat At Official Window, See New Exchange Rate

Eko Hot Blog reports that the exchange rate between the naira and the US dollar closed at N415.07/$1, at the official Investors and Exporters (I&E) window. 

This online newspaper understands that the Naira closed flat against the US dollar on Monday at N415.07/$1, the same as recorded in the past three trading sessions. This is despite trading as high as N456.97 during intra-day session. FOREX liquidity at the official market continues to improve as it increased by 19.1% to $256.69 million from $215.47 million recorded in the previous day…

Naira Crashes Massively At Parallel Market, See New Exchange Rate

Eko Hot Blog reports that the Nigerian official currency, Naira has fallen massively weeks after a steady rise which saw it gaining over N25 since it fell to its lowest of N575 to a dollar on September 20, 2021.

A survey conducted by Eko Hot Blog at the Bureau De Change (BDC) market in Ogba area of Lagos, Nigeria’s commercial city, on Tuesday morning, November 30, 2021, showed that the naira to usd exchanged at N565/$1, a day after 1 dollars to naira exchanged at N557/1 and weeks after usd to naira exchanged for N530/$1

Naira Hits Strong At Parallel Market, Slumps At Official Market

Eko Hot Blog reports that the Nigerian official currency, Naira, has recovered against the American dollar, trading at ₦557 per dollar, days after slumping at the parallel market popularly known as the black market by the traders…

Naira Further Crashes At Official Market, See New Exchange Rate

Eko Hot Blog reports that the exchange rate between the naira and the US dollar closed at N415.07/$1, at the Investors and Exporters (I&E) window, where forex is traded officially. Naira depreciated against the US dollar on Wednesday with a 0.07% fall to close at N415.07/$1 compared to N414.8/$1 recorded on Tuesday, 23rd November 2021. Similarly, forex turnover at the official window recorded a marginal decrease of 12.9% to $243.34 million.

Meanwhile, Eko Hot Blog gathered that the naira fell marginally at the parallel market, as it closed at N560/$1, representing a 0.18% depreciation compared to N559/$1 recorded in the previous trading session. This is according to information obtained from BDC operators in Lagos…

Naira Falls Massively Against US Dollar, See New Exchange Rate

Naira has fallen massively against US Dollar, See New Exchange Rate below.

Eko Hot Blog reports that the Nigerian official currency, Naira has crashed massively against dollar weeks after a steady rise which saw it gaining over N25 since it fell to its lowest of N575 to a dollar on September 20, 2021.

Naira Falls Massively At Black Market Against Dollar

Naira has fallen massively at the black market against dollar.

Eko Hot Blog reports that the Nigerian official currency, Naira has fallen massively weeks after a steady rise which saw it gaining over N25 since it fell to its lowest of N575 to a dollar on September 20, 2021.

This online news platform understands that survey at the Bureau De Change (BDC) market in Ogba area of Lagos, Nigeria’s commercial city, on Sunday evening, November 21, 2021, showed that the Naira exchanged at N560/$1

BREAKING: Naira Hits Strong At Parallel Market

Eko Hot Blog has obtained the official dollar to naira exchange rate in Nigeria today including the Black Market rates, Bureau De Change (BDC) rate, and CBN rates.

November 22 dollar to naira official market exchange rate: $1 dollar to naira =₦413.53

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 ₦413.53 per dollar on Monday, 22 November 2021, after it closed at ₦414.40 per $1 on Friday, 19 November 2021. This represents a change of 0.00%.

How much is 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).

 

Naira Crashes By 2.8% At Parallel Market, See New Exchange Rate

Naira has crashed y 2.8% at Parallel Market, See New Exchange Rate below.

Eko Hot Blog reports that the naira, on Friday, depreciated against the dollar at the parallel section of the foreign exchange market.

Bureaux De Change (BDC) operators in Lagos told Eko Hot Blog on Friday that the naira exchanged for N545 per dollar at the street market.

This represents N15 or 2.8 percent depreciation when compared to the N530 it traded last week.

Naira Falls Against Dollar At Black Market, See New Exchange Rate

Eko Hot Blog reports that the Nigerian official currency, Naira has fallen weeks after a steady rise which saw it gaining over N25 since it fell to its lowest of N575 to a dollar on September 20, 2021.

This online news platform understands that survey at the Bureau De Change (BDC) market in Wuse Zone 4 in Abuja, Nigeria’s capital and Ogba area of Lagos, Nigeria’s commercial city, last week, showed that the Naira exchanged between N525 and N530/$1

Why Naira Is Gaining Against US Dollar At The Black Market

Eko Hot Blog reports that Naira strengthened against the US dollar last week to a 2-month high of N535/$1 at the black market, thereby reducing the gap between the parallel and the official rates; an uptick that was driven by a significant drop in demand for FX at the black market

Naira Gains Whopping N25 At Black Market

 

Eko Hot Blog reports that Naira has launched a sustained recovery at the parallel market, gaining N25 since it fell to its lowest of N575 to a dollar on September 20, 2021.

Dollar Recovers After Free Fall Against Naira At Black Market

Eko Hot Blog reports that the US dollar gained on Friday evening, November 12, 2021 as the dollar closed the day at ₦540 with a gain of ₦10 at the parallel market also known as the black market after a “major fall”…

 

Dollar Crashes To Lowest Against Naira Since CBN Banned AbokiFx

 

Eko Hot Blog reports that the US dollar crashed on Thursday, November 11, 2021 as Naira opened the day at ₦535 with a massive gain of ₦20 at the parallel market also known as the black market

 

Naira Rises Massively As Analysts Make Fresh Anticipation

Naira has risen massively as analysts anticipate devaluation at Investors Window.

Eko Hot Blog reports that Nigeria’s local currency, naira, rises against the United States dollar weekend but analysts appear not to be satisfied with a relatively overpriced local currency, thus expecting further devaluation at Investors and Exporters foreign exchange rate window.

Data from the FMDQ Exchange platform showed that Naira traded at N414.30 to a dollar in the Investors and Exporters window, gaining 0.2% week on week against the previous record.

While external reserves position has expanded significantly following an inflow from foreign currency borrowings of $4 billion and about $3.5 billion inflow from special drawing rights, the naira has faced many pressures, crossing N420 briefly at investors and exporters foreign exchange window.

This week, Nigeria’s foreign currency reserves snapped its ten consecutive weeks of accretion as it closed lower by $102.20 million week on week to $41.73 billion, according to Cordros Capital in a macroeconomic note.

In the parallel market, the foreign exchange rate has worsened after the central bank decision to ban weekly dollar supply to bureau de change operators in July. However, low dollar supply has persisted despite growing prices of oil in the global market,

Damilare Abass

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Damilare Abass

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