Dollar To Naira Exchange Rate For 1st December 2021, Black Market Rate Increases

Dollar to Naira exchange rate for Wednesday 1 December 2021, including the black market rate, which has seriously risen and can be accessed below..

Onyxnewsng has obtained the official dollar-to-naira exchange rate in Nigeria 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, Wednesday, December 1st, for $1 dollar to naira = ₦413.79 /$1.

According to FMDQ Security Exchange where forex is officially traded, the official exchange rate between the naira and the US dollar opened at ₦413.79/$1 on Wednesday 1 December 2021, after it closed at ₦415.07 to a $1 on Tuesday November 30th 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, Wednesday, December 1st sells at N578/1$, and buy at ₦582 according to enquiring made by Onyxnewsng from the Bureau De Change (BDC) on this 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.

The exchange rate between the naira and the US dollar opened at ₦413.59/$1 on Tuesday November 30 2021 and closed at ₦415.07/$1 on same day. Showing a change of 0.05. 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 ₦575 to ₦585 and the price can change (high or low ) within hours.