Categories: Business & Brands

Black Market Dollar To Naira Exchange Rate Today 25th December 2021

Black market dollar to naira exchange rate today 25th December 2021 can be accessed below.

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 ₦555 and the price can change (high or low) within hours.

Glamtush 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.

 

December 25 dollar to naira official market exchange rate: $1 dollar to naira =₦

 

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

 

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 ₦413.54 per dollar on Saturday, 25 December 2021, after it closed at ₦415.10 per $1 on Friday, 24 December 2021This represents a change of -0.09%.

 

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

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

LAGOS PARALLEL MARKET RATES December 25, 2021 (BLACK MARKET): dollar to naira exchange rate today black market

Dollar to Naira exchange rate today

 

December 25 dollar to naira black market exchange rate: $1 dollar to naira = ₦555

 

Lagos parallel market (black market dollar exchange rate today)

The local currency opened at N555.00 per $1 at the parallel market otherwise known as the black market, today, Saturday, 25 December 2021, in Lagos Nigeria, after it closed N565.00 per $1 on Friday, 24 December 2021.

Even though the dollar to naira opened in the parallel market at ₦555 per $1 today, Glamtush 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.

 

Glamtush reports that at the black market, the players buy a dollar for N550 and sell for N555 on Saturday morning, December 25, 2021 after they bought N560 and sold for N565 on Friday, 24 December 2021.

Meanwhile, Glamtushreports that the USD started this week at ₦570 in Parallel Market also known as Black Market on Monday, December 20, 2021 in Lagos Nigeria, after it opened at ₦572 last week Monday, December 13, 2021.

 

 

DisclaimerGLAMTUSH does not set or determine forex rates. The official NAFEX rates are obtained from the website of the FMDQOTC. Parallel market rates (black market rates) are obtained from various sources including online media outlets. The rates you buy or sell forex may be different from what is captured in this article.

Angela Davies

Recent Posts

Court Dismisses Case Against #EndBadGovernance Protesters

The court has dismissed the case against #EndBadGovernance protesters.   Glamtush reports that a Federal…

2 hours ago

FG Terminates ₦740bn Abuja-Kaduna Road Contract With Julius Berger Over Non-Performance

FG has terminated the ₦740bn Abuja-Kaduna road contract with Julius Berger over non-performance.   Glamtush reports…

2 hours ago

Ekiti Chief Judge, Adeyeye, Dies At 64

Ekiti Chief Judge, Adeyeye, has died at 64.   Glamtush reports that Justice Oyewole Adeyeye,…

3 hours ago

Access Bank Wins Best Digital, Best Website At 2024 Digital Jurist Awards

Access Bank PLC has been named the 2024 Best Digital Award winner in the Commercial…

4 hours ago

Top Summary From Nigerian Newspapers For Tuesday, November 5th, 2024

The top summary from Nigerian newspapers for Tuesday, November 5th, 2024, can be accessed on…

4 hours ago

Ekiti Governor Honours Primate Ayodele’s Late Father, Names Street After Him

The governor of Ekiti state, Biodun Oyebanji has honoured Primate Elijah Ayodele’s late father by…

16 hours ago