Dollar To Naira Exchange Rate Today 29 November 2021
Dollar to naira exchange rate today
This is the news about Dollar to Naira rate at the official and black market exchange rate Today November 29, 2021.
World Farmers Centre update on the official dollar rates as well as Black Market rates, Bureau De Change (BDC) rates, and CBN rates.
How Much Is Dollar To Naira Exchange Rate Today Official Rate?
The official rate today, Monday November 29, 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 Monday 29, after it closed at ₦415.07 to a $1 on Friday, 26 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) the players buy a dollar for N550 and sell for N558 on Friday morning, November 26, 2021, 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: CBN Moves Agric Loans Closer to Applicants
Trading at the official NAFEX window
The exchange rate between the naira and the US dollar opened at ₦413.71/$1 on 26th November 2021 and closed at ₦415.07/$1.
According to data from FMDQ, forex turnover stands at $215.47 million.