Dollar to Naira exchange rate today 12 October 2021, black market rate can be accessed below.
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.
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 N413.64 dollar on Tuesday, 12 October 2021, after it closed at N414.40 per $1 on Monday, 11 October 2021. This represents a change of 0.03%.
How much is exchange rate of Dollar to Naira in 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 October 12, 2021 (BLACK MARKET): dollar to naira exchange rate today black market
October 12 dollar to naira black market exchange rate: $1 dollar to naira = N575
The local currency opened at N575.00 per $1 at the parallel market otherwise known as the black market, today, Tuesday, 12 October 2021, in Lagos Nigeria after it closed N575.00 per $1 on Monday, 11 October 2021. This represents a change of $0 from the previous day.
Even though the dollar to naira opened in the parallel market at ₦575 per $1 today, 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 the black market, the players buy a dollar for N570 and sell for N575 on Tuesday morning, October 12, 2021 after they bought N570 and sold N575 the previous day.
Meanwhile, Glamtush reports that the USD started this week at ₦575 in Parallel Market also known as Black Market on Monday, October 11, 2021 in Lagos Nigeria.
Davido has received a luxury car from an auto firm for his 32nd birthday. …
Simon Ekpa, a Finnish-Nigerian separatist agitator and self-proclaimed Prime Minister of the Biafra Republic Government…
Accuses detractors of peddling news of alleged governorship ambition. Speaker of the Lagos State…
Simon Ekpa and four others have been arrested in Finland over terrorism activities. Glamtush…
Davido is excited to celebrate his 32nd birthday with a ₦300m donation to orphanages. …
An American returnee has been found dead in an Ogun hotel. Glamtush reports that…