Truetells Nigeria reports that the official dollar to naira exchange rate in Nigeria today including the Black Market rates, Bureau De Change (BDC) rate, and CBN rates has emerged.
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 N411.39 per dollar on Wednesday, August 17, 2021, after it closed at 411.50 per $1 on Tuesday, August 17, 2021,. This represents a change of 0.00%.
The Nigeria black market dollar exchange rate today to the Nigerian Naira is as follows:
According to abokiFX.com, the local currency opened at N517.00 per $1 at the parallel market otherwise known as the black market, today, Wednesday, August 18, 2021, in Lagos Nigeria after it closed N515.00 per $1 on Tuesday, August 17, 2021. This represents a change of $2 from the previous day.
| NGN | USD BUY / SELL | GBP BUY / SELL | EUR BUY / SELL |
|---|---|---|---|
| 18/08/2021 | 510 / 517** | 700 / 707** | 597 / 603** |
| 18/08/2021 | 510 / 515* | 700 / 706* | 595 / 603* |
| 17/08/2021 | 510 / 515 | 700 / 706 | 595 / 605 |
| 16/08/2021 | 508 / 515 | 700 / 705 | 590 / 600 |
| 13/08/2021 | 508 / 515 | 695 / 703 | 590 / 600 |
The data published on abokiFX.com, which is known as the “official black market rate“, obtained by Truetells Nigeria showed that at the black market, the players buy a dollar for N510 and sell for N517 on Wednesday morning, August 18, 2021.
Meanwhile, the USD started this week at ₦515 in Parallel Market also known as Black Market on Monday, August 16, 2021. A change of $7 dollars compared to last Monday when it opened at N508 per dollar.
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