Dollar to Naira exchange rate today 16th November 2021, black market rate has been obtained according to AbokiFx.
iexclusive News Nigeria 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 410.07 NGN per dollar on, 16th Nov 2021, after it closed at N413.01 per $1 on, 12th November 2021. This represents a change of 0.2%.
LAGOS PARALLEL MARKET RATES Tuesday, November 16th, 2021 (BLACK MARKET)
According to abokiFX.com, the local currency opened at N540.00 per $1 at the parallel market otherwise known as the black market, today, 16th November 2021 2021, in Lagos Nigeria after it closed N555.00 per $1 yesterday, 14th November 2021. This represents a change of $0.08 from the previous day.
iexclusive News Nigeria reports that the data published on abokiFX.com, which is known as the “official black market rate“, showed that at the black market, the players buy a dollar for N565 and sell for N540 on Monday morning, 15th November 2021, 2021.
This online news outlet gathered that the USD started this week at ₦540 in Parallel Market also known as Black Market on Tuesday, 16th November 2021, 2021. A change of $4.00 dollars compared to last Monday when it opened at ₦570 per dollar.
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 ₦535 and the price can change (high or low ) within hours.
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