Black Market Dollar To Naira Exchange Rate Today 21st January 2022

Black Market Dollar To Naira Exchange Rate Today 21st January 2022

The black market dollar to naira conversion rate for today, January 21st, 2022, is available below.

IMPORTANT NOTE: The exchange rate fluctuates hourly, depending on the amount of dollars available and the Demands. What this means is that at N570, you can purchase or sell a dollar, and the price can fluctuate (high or low) within hours.

January 21st dollar to naira official market exchange rate: $1 dollar to naira =₦415.24

How Much Is Dollar To Naira Exchange Rate Today Official Rate?

According to data provided on the FMDQ Security Exchange, where forex is officially exchanged, the naira began at 415.42 per dollar on Friday, January 21st, 2022, after closing at 416.33 for $1 on Thursday, January 20th, 2022. This represents a -0.02 percent change.

Read More: Black Market Dollar To Naira Exchange Rate Today 18th January 2022

How much is exchange rate of Dollar to Naira in Black Market today?

For the Lagos market, the parallel market (black market dollar exchange rate today) to the Nigerian Naira is as follows: (black market).

LAGOS PARALLEL MARKET RATES January 21st, 2022 (BLACK MARKET): dollar to naira exchange rate today black market

January 21 dollar to naira black market exchange rate: $1 dollar to naira = ₦570

Lagos parallel market (black market dollar exchange rate today)

The parallel market, often known as the black market, in Lagos, Nigeria, began at N570.00 per $1 today, Friday, 21 January 2022, after closing at N570.00 per $1 on Thursday, 20 January 2022.

Despite the fact that the dollar to naira exchange rate opened in the parallel market at 570 for $1 today, the Central Bank of Nigeria (CBN) does not recognize the parallel market, also known as the black market. 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.

The players buy a dollar for N565 on the black market and sell for N570 on Friday morning, January 21st, 2022, after buying N565 and selling for N571 on Thursday, January 20, 2022.

Meanwhile, iexclusive News Nigeria says that the USD began trading this week at 570 in Lagos Nigeria’s Parallel Market, popularly known as the Black Market, on Monday, January 17, 2022, the same amount it began trading last week on Monday, January 10, 2021.

IEXCLUSIVE NEWS NIGERIA does not set or determine foreign exchange rates. The official NAFEX rates can be seen on the FMDQOTC’s website. Various sources, including internet media outlets, are used to get parallel market (black market) pricing. The rates you buy or sell forex may be different from what is captured in this article.