Dollar To Naira Exchange Rate Today 12 October 2021 (Black Market Rate)

Dollar To Naira Exchange Rate: See Black Market Rate Today October 5th 2021

Dollar To Naira Exchange Rate Today 12 October 2021 (Black Market Rate)

Today’s dollar to naira exchange rate, as well as the black market rate, may be found below.

Fabenmedia 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

According to data provided on the FMDQ Security Exchange, where forex is officially exchanged, the naira began at N413.64 per $1 on Tuesday, October 12th, 2021, after closing at N414.40 per $1 on Monday, October 11th, 2021. This equals 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 12 October 2021 (Black Market Rate)

Dollar to Naira exchange rate today

Lagos parallel market (black market dollar exchange rate today) On the parallel market, often known as the black market, in Lagos, Nigeria, the local currency began trading at N575.00 per $1 today, Tuesday, October 12th, 2021, after closing at N575.00 per $1 on Monday, October 11th, 2021. This is a $0 difference from the day before.

The Central Bank of Nigeria (CBN) does not recognize the parallel market, also known as the black market, despite the fact that the dollar to naira opened in the parallel market at 575 for $1 today. As a result, anyone in need of currency should contact their bank, with the I&E window being the sole known exchange, according to the apex bank.

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