Dollar to Naira exchange rate today, see black market rate below..
Onyxnewsng reports that Nigeria’s official currency, has fallen again at parallel market also known as the black market on Thursday, November 4, 2021.
This online news platform understands that Naira crashed at the parallel market also known as the black market on Thursday, November 4, trading at ₦567 per a dollar with Bureau De Change (BDC) operators buying at ₦565 per a dollar in the Lagos and Abuja market as enquired by Onyxnewsng reporter in the market earlier on Thursday.
According to the data posted on the FMDQ Security Exchange where forex is officially traded, the Naira opened at ₦414.49 per dollar at the official market on Thursday, November 3, after closing at ₦414.80 per dollar on Wednesday, November 2, 2021, this represents a massive change of 0.18%.
How much is exchange rate of Dollar to Naira in Black Market today?: Lagos parallel market (black market dollar exchange rate today)
Onyxnewsng reports that the black market, the players buy a dollar for ₦565.00 and sell for ₦567.00 on Thursday, November 4, 2021 after they bought N562 and sold N567 on Wednesday, 3 November 2021.
However, the dollar to naira opened in the parallel market at ₦567 per $1 today, 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.