News

Black Market Dollar To Naira Exchange Rate Today 5th December 2021

Black market dollar to naira exchange rate today 5th December 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 ₦565 and the price can change (high or low) within hours.

Truetells Nigeria obtained the official dollar to naira exchange rate in Nigeria today including the Black Market rates, Bureau De Change (BDC) rate,

 

and CBN rates.December 5 dollar to naira official market exchange rate: $1 dollar to naira =₦…..

 

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 ₦…. per dollar on Sunday, 5 December 2021, after it closed at ₦414.73 per $1 on Friday, 3 December 2021. This represents a change of -0.02.

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 December 5 2021 (BLACK MARKET): dollar to naira exchange rate today black market

 

CBN Governor, Godwin Emefiele.December 5 dollar to naira black market exchange rate: $1 dollar to naira = ₦565Lagos parallel market (black market dollar exchange rate today)

 

The local currency opened at N565.00 per $1 at the parallel market otherwise known as the black market, today, Sunday, 5 December 2021, in Lagos Nigeria after it closed N565.00 per $1 on Friday, 3 December 2021.

Even though the dollar to naira opened in the parallel market at ₦565 per $1 todayTRUETELLS  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 at the black market, the players buy a dollar for N560 and sell for N565 on Sunday morning, December 5, 2021 after they bought N560 and sold for N565 on Friday morning, December 3.

Meanwhile, TRUETELLS Nigeria reports that the USD started this week at ₦558 in Parallel Market also known as Black Market on Monday, November 29, 2021 in Lagos Nigeria, after it opened at ₦564 last week Monday, November 22, 2021.

 

 

 

 

 

TruetellsNigeria

Recent Posts

SIFAX Group Chairman Donates Building to Alma Mater

  Dr. Taiwo Afolabi, Chairman of SIFAX Group, has donated a fully equipped building to…

3 hours ago

Dangote Cement Ibese Fetes Senior Citizens in Host Communities

Dangote Cement, Ibese Plant at the weekend extended the frontier of its social investments in…

6 hours ago

World Savings Day: Unity To Boost Savings Culture With New App As Md Tasks Students On Financial Literacy

In a bid to promote a savings culture and enhance financial literacy among young Nigerians,…

7 hours ago

Nestlé Nigeria Unveils Prestigious Judging Panel for the 2024 Media Awards

Nestlé Nigeria has unveiled the panel of judges for the 2024 Nestlé Nigeria Media Awards,…

7 hours ago