Dollar To Naira Exchange Rate Today 21 October 2021, See Black Market Rate

Dollar To Naira Exchange Rate Today 21 October 2021, See Black Market Rate

Dollar to Naira exchange rate today 21 October 2021, black market rate can be accessed below.

PLEASE BE ADVISED THAT THE EXCHANGE RATE CHANGES ON A HOURLY BASIS… It is determined by the amount of money available and the demand. What this means is that at $572, you can purchase or sell a dollar, and the price can fluctuate (high or low) within hours.

Iexclusivenews brings to you today’s official dollar to naira exchange rate in Nigeria, including Black Market, Bureau De Change (BDC), and Central Bank of Nigeria (CBN) rates.

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

October 21dollar to naira official exchange rate: $1 dollar to naira =₦413.94

According to data released by the FMDQ Security Exchange, where forex is officially exchanged, the naira began at 413.94 per dollar on Tuesday, October 19, 2021, and finished at 414.07 per $1 on Wednesday, October 20, 2021. This implies a decrease of -0.06%.

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

The current Nigerian parallel market (black market dollar exchange rate today) is as follows: For the market in Lagos (black market).

October 21 dollar to naira black market exchange rate: $1 dollar to naira = ₦572

Lagos parallel market (black market dollar exchange rate today)

On the parallel market, the local currency opened at N572.00 per $1.

Today, Thursday, October 21, 2021, in Lagos, Nigeria, the black market, also known as the black market, closed at N570.00 per $1 after closing at N570.00 per $1 on Wednesday, October 20, 2021.

This is a $2 increase over the previous day’s price. This indicates that the dollar to naira exchange rate has changed from the previous day.
Since Monday, October 11, the dollar to naira exchange rate has been stable at N570-575 per $1.

Despite the fact that the dollar to naira exchange rate opened in the parallel market at 572 per $1 today, the Central Bank of Nigeria (CBN) does not recognize the parallel market, also known as the black market, according to Iexclusivenews.

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.

Iexclusivenews reports that the black market, the players buy a dollar for N568 and sell for N572 on Thursday morning, October 21, 2021 after they bought N567 and sold N572 the previous day. This means dollar to naira changed its position from the previous day.

Meanwhile, Iexclusivenews Nigeria reports that the USD started this week at ₦572 in Parallel Market also known as Black Market on Monday, October 18, 2021 in Lagos Nigeria. after it opened N575 last week Monday, October 11, 2021