Business

Black Market Dollar To Naira Exchange Rate Today 22nd November 2021

Black market dollar to naira exchange rate today 22nd November 2021 can be accessed below.

 

IMPORTANT NOTE: Please note that the exchange rate changes hourly.… it depends on the volume of dollars available and the Demands.

What it means is that…you can buy or sell 1 dollar at ₦564 and the price can change (high or low) within hours.

BREAKING: Naira Hits Strong At Parallel Market

Truetells Nigeria 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.

November 22 dollar to naira official market exchange rate: $1 dollar to naira =₦413.53

What it means is that…you can buy or sell 1 dollar at ₦564 and the price can change (high or low) within hours.

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 ₦413.53 per dollar on Monday, 22 November 2021, after it closed at ₦414.40 per $1 on Friday, 19 November 2021. This represents a change of 0.00%.

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 November 22, 2021 (BLACK MARKET): dollar to naira exchange rate today black market

The local currency opened at N564.00 per $1 at the parallel market otherwise known as the black market, today, Monday, 24 November 2021, in Lagos Nigeria after it closed N547.00 per $1 on Friday, 19 November 2021.

Even though the dollar to naira opened in the parallel market at ₦564 per $1 todayTRUETELLS NIGERIA  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.

Truetells Nigeria reports that the black market, the players buy a dollar for N550 and sell for N564 on Monday morning, November 22, 2021 after they bought N542 and sold for N547 on Friday morning, November 19.

TruetellsNigeria

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