This is the news about Dollar to Naira rate at the official and black market exchange rate Today October 25, 2021.
How Much Is Dollar To Naira Exchange Rate Today Official Rate?
The official rate today, Monday October 25, for $1 dollar to naira = ₦(yet to be disclosed)/$1.
See How Much Dollar Exchange To Naira Today 22 October 2021
According to the data at the FMDQ Security Exchange where forex is traded officially, exchange rate between the naira and the US dollar opened at ₦(yet to be disclosed)/$1 on Monday October 25, after it closed at ₦415.07 to a $1 on Friday, 22 October 2021.
How much is exchange rate of Dollar to Naira in Black Market today?
The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) for today, Monday, October 25 – it is being bought at N565.00 to a $1 and sold for N572, according to sources at Bureau De Change (BDC).
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.
The exchange rate between the naira and the US dollar opened at ₦414.10/$1 on 22nd October 2021 and closed at ₦415.07/$1.
See How Much Dollar Exchange To Naira Today 21 October 2021
According to data from FMDQ, forex turnover for Friday, 22 October 2021 closed at $240.97 million compared to how it opened at $103.16 million.
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