Dollar To Naira Exchange Rate For Thursday 25 November 2021, Black Market Rate Increases

Dollar to Naira exchange rate for Thursday 25 November 2021, the black market rate can also be accessed below..

Onyxnewsng has obtained the official dollar-to-naira exchange rate in Nigeria for today, and 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, Thursday, November 25th, for $1 dollar to naira = ₦ (not yet published) /$1.

According to FMDQ Security Exchange where forex is officially traded, the official exchange rate between the naira and the US dollar opened at ₦(not published)/$1 on Thursday 25 November 2021, after it closed at ₦414.80 to a $1 on Wednesday.

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, Thursday, November 25th sells at N575/1$, and buy at ₦570 according to enquiring made by Onyxnewsng from the Bureau De Change (BDC) on this Morning. This is obviously an increase in dollar at the black market.

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.

The exchange rate between the naira and the US dollar opened at ₦413.58/$1 on Wednesday November 2021 and closed at ₦415.07/$1 on Tuesday. Showing a change of -0.06. 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 ₦570 to ₦575 and the price can change (high or low ) within hours.