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.
October 17 dollar to naira official exchange rate: $1 dollar to naira = Not published
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 N….. dollar on Sunday, 17 October 2021, after it closed at N415.07 per $1 on Friday, 15 October 2021. This represents a change of -1.66%.
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 17, 2021 (BLACK MARKET): dollar to naira exchange rate today black market
October 17 dollar to naira black market exchange rate: $1 dollar to naira = N572
The local currency opened at N572.00 per $1 at the parallel market otherwise known as the black market, today, Sunday, 17 October 2021, in Lagos Nigeria after it closed N571.00 per $1 on Saturday, 16 October 2021. This represents a change of $1 from the previous day. This means dollar to naira changed its position from the previous day.
Note: dollar to naira exchange rate has stabilized at N570-575 per $1 since Monday, October 11.
Even though the dollar to naira opened in the parallel market at ₦572 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 the black market, the players buy a dollar for N567 and sell for N572 on Sunday morning, October 17, 2021 after they bought N567 and sold N572 the previous day. This means dollar to naira changed its position from the previous day.
Meanwhile, Glamtushreports that the USD started this week at ₦575 in Parallel Market also known as Black Market on Monday, October 11, 2021 in Lagos Nigeria.
Disclaimer: GLAMTUSHdoes not set or determine forex rates. The official NAFEX rates are obtained from the website of the FMDQOT. 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.
The newly elected SDNON excos have unveiled their ambitious plans for 2025 and celebrated the outgoing executives.…
The leader of the INRI Evangelical Spiritual Church, Primate Elijah Ayodele, has released his 2025…
Music has always been central to African culture, reflecting societal changes while connecting generations. In…
Sinach is set to feature in the global Christian event, Gather25. Glamtush reports that Gather25,…
Yahaya Bello has been released after meeting his bail conditions. Glamtush reports that former…
Makinde has cancelled his birthday celebration to honour the Ibadan stampede victims. Glamtush reports that Governor…