Dollar To Naira Exchange Rate Today 4 November 2021

Dollar To Naira Exchange Rate Today 4 November 2021

 

This is the news about Dollar to Naira rate at the official and black market exchange rate Today November 4th 2021.

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World Farmers Centre update on the official dollar rates as well as Black Market rates, Bureau De Change (BDC) rates, and CBN rates.

READ ALSO: Check out How to get a loan from the Bank of Agriculture (BOA) 

How Much Is Dollar To Naira Exchange Rate Today Official Rate?

The official rate today, Thursday November 4th, for $1 dollar to naira = ₦(yet to be disclosed)/$1.

According to the data at the FMDQ Security Exchange where forex is traded officially, exchange rate between the naira and the US dollar opened at ₦(yet to be disclosed)/$1 on Thursday 4th November, after it closed at ₦414.80 to a $1 on Wednesday, 3rd 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 Parallel Market (Black Market) for today, Thursday, November 4th sells at N570/1$, according to sources at Bureau De Change (BDC).

Please note that 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.

READ ALSO: Why is Nigeria excluded from America Visa Lottery list of countries? 

Trading at the official NAFEX window

The exchange rate between the naira and the US dollar opened at ₦413.76/$1 on 3 November, 2021 and closed at ₦414.80/$1. Showing a change -0.06.

According to data from FMDQ as at Thursday morning November 4th 2021, forex turnover stands at $133.37 million.

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