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Home Business & Brands

Black Market Dollar To Naira Exchange Rate Today 3rd November 2021

byAngela Davies
November 3, 2021
in Business & Brands
Reading Time: 2 mins read
Dollar To Naira Exchange Rate
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Black Market Dollar To Naira Exchange Rate Today 3rd November 2021 has emerged.

Glamtush has obtained the Dollar to Naira rate at the official and black market exchange rate Today November 3rd, 2021. The official dollar rates as well as Black Market rates, Bureau De Change (BDC) rates, and CBN rates.

READ ALSO

Customers Laud Polaris Bank Exclusive Banking Product

BREAKING: CBN Devalues Naira To N631/$1

 

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

As of today, Wednesday, November 3rd, FMDQ Security Exchange disclosed that $1 to naira = ₦414.26/$11 at the official market after it closed at ₦414.98 to a $1 on Monday, 2 November 2021.

 

Exchange Rate In Black Market Today

The exchange rate at Lagos Parallel Market (Black Market) for today, Tuesday, November 2nd sells within N560 to N5651$, according to sources at Bureau De Change (BDC) who spoke to Glamtush

.

 

Also, Glamtush reports that the players buy a dollar for N555 Wednesday morning, November 3rd.

 

NB: The Central Bank of Nigeria (CBN) does not recognise the parallel market (black market).

 

The exchange rate between the naira and the US dollar opened at ₦414.26/$1 on 2 November, 2021 and closed at ₦415.07/$1. Showing a change 0.02.

According to data from FMDQ as at Tuesday November 2nd 2021, forex turnover stands at $160.64 million.

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READ ALSO  Black Market Dollar To Naira Exchange Rate Today 14th March 2022

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