Black Market Dollar To Naira Exchange Rate Today 30 April 2022
Read TRUETELLS NIGERIA update on the official dollar rates as well as Black Market rates, Bureau De Change (BDC) rates, and CBN rates.
How Much Is Dollar To Naira Exchange Rate Today Official Rate?
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 Wednesday 17, after it closed at ₦415.10 to a $1 on Tuesday, 16 November 2021.
How much is exchange rate of Dollar to Naira in Black Market today?
The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) for today, Wednesday, November 17th sells between N535 and N540/1$, 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 ₦414.55/$1 on 16th November 2021 and closed at ₦415.10/$1.
According to data from FMDQ, forex turnover stands at $138.37 million.
Meanwhile, the spokesperson of the House of Representatives, Rep. Benjamin Kalu, has called on government at all levels to provide the infrastructure needed to promote Small and Medium Enterprises (SMEs) in Nigeria.
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