Dollar To Naira Exchange Rate Today (Black Market Rate)
IMPORTANT NOTE: Please note that the exchange rate changes hourly.… it depends on the volume of dollars available and the Demands. What it means is that…you can buy or sell 1 dollar at ₦560 and the price can change (high or low) within hours.
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.
How Much Is Dollar To Naira Exchange Rate Today Official Rate?
This represents a change of -0.06%.
How much is exchange rate of Dollar to Naira in Black Market today?
LAGOS PARALLEL MARKET RATES December 31, 2021 (BLACK MARKET): dollar to naira exchange rate today black market
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The local currency opened at N560.00 per $1 at the parallel market otherwise known as the black market, today, Friday, 31 December 2021, in Lagos Nigeria after it closed N560.00 per $1 on Thursday, 30 December 2021.
Even though the dollar to naira opened in the parallel market at ₦560 per $1 today, Eko Hot Blog 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.
Eko Hot Blog reports that at the black market, the players buy a dollar for N555 and sell for N560 on Friday morning, December 31, 2021 after they bought N555 and sold for N560 on Thursday, 30 December 2021.
Meanwhile, Eko Hot Blog reports that the USD started this week at ₦555 in Parallel Market also known as Black Market on Monday, December 27, 2021 in Lagos Nigeria, after it opened at ₦570 last week Monday, December 20, 2021.
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