UPDATE: See The Latest Naira And Dollar Exchange Rate At Black Market

LATEST: See How Much Dollar Exchange To Naira Today 11 October 2021

by Victor Ndubuisi
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This is the news about Dollar to Naira rate at the official and black market exchange rate Today October 11, 2021.

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

The official rate today, Monday October 11, for $1 dollar to naira = 414.30 (FMDQ yet to release official data for Monday)

Naira Recovery Against Dollar To Begin February 2021 – CBN Reveals

According to the data at the FMDQ Security Exchange where forex is traded officially, exchange rate between the naira and the US dollar still stands at N414.30/$1 as at the time of filing in this report, this is after it opened at N414.44/$1 and closed at N414.30 per $1 on Friday, 8 October 2021.

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This data shows a marginally change at -0.09% at the official Investors and Exporters foreign exchange window.

The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) for today, Monday, October 11, opened at N575.00 to a $1.

Please note that the Central Bank of Nigeria (CBN) does not recognise the parallel market (black market), as it has directed individuals who want to engage in Forex to approach their respective banks.

Femi Adesina: Buhari Never Promised To Make One Naira Equivalent To One Dollar

The official exchange rate showed that the naira continued its very slow appreciation against the US dollar.

 

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