Dollar to Naira exchange rate for today 19 November 2021, the black market rate can also be seen below.
Onyxnewsng has obtained the official dollar-to-naira exchange rate in Nigeria for Friday 19 November 2021, including the Black Market rates, Bureau De Change (BDC) rate, and CBN rates.
How Much Is Dollar To Naira Exchange Rate Today Official Rate?
The official rate today, Friday, November 19th, for $1 dollar to naira = ₦413.55/$1.
According to FMDQ Security Exchange where forex is officially traded, the official exchange rate between the naira and the US dollar opened at ₦413.55/$1 on Friday 19th November, after it closed at ₦414.80 to a $1 on Thursday, 18th November 2021.
How much is exchange rate of Dollar to Naira in Black Market today?
The exchange rate for a dollar to naira at Lagos and Abuja Parallel Market (Black Market) for today, Friday, November 19th sells at N538/1$, and buy at ₦545 according to enquiring made by Onyxnewsng from the Bureau De Change (BDC) on Thursday Morning.
Though, 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.
Trading at the official NAFEX window
The exchange rate between the naira and the US dollar opened at ₦413.19 /$1 on Thursday 18 November 2021 and closed at ₦414.80/$1. Showing a change of 0.00. According to data from FMDQ.
IMPORTANT NOTE: 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 ₦535 to ₦550 and the price can change (high or low ) within hours.