Black market dollar to naira exchange rate today 3rd 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.
December 3 dollar to naira official market exchange rate: $1 dollar to naira =₦…..
How Much Is Dollar To Naira Exchange Rate Today Official Rate?
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 3, 2021 (BLACK MARKET): dollar to naira exchange rate today black market
December 3 dollar to naira black market exchange rate: $1 dollar to naira = ₦565
Lagos parallel market (black market dollar exchange rate today)
The local currency opened at N565.00 per $1 at the parallel market otherwise known as the black market, today, Friday, 3 December 2021, in Lagos Nigeria after it closed N565.00 per $1 on Thursday, 2 December 2021.
Even though the dollar to naira opened in the parallel market at ₦565 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 N560 and sell for N565 on Friday morning, December 3, 2021, after they bought N560 and sold for N565 on Thursday morning, December 2.
Meanwhile, Glamtush reports that the USD started this week at ₦558 in Parallel Market also known as Black Market on Monday, November 29, 2021, in Lagos Nigeria, after it opened at ₦564 last week Monday, November 22, 2021.
Disclaimer: GLAMTUSH 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.