Dollar To Naira Exchange Rate Today 2 December 2021

Dollar To Naira Exchange Rate Today 2 December 2021

 

This is the news about Dollar to Naira rate at the official and black market exchange rate Today December 2, 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.

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

The official rate today, Wednesday December 2nd, for $1 dollar to naira = ₦413.94/$1.

READ ALSO: 3 Big Things Today For Farmers, 2nd, December 2021

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 ₦413.94/$1 on Thursday 2nd, after it closed at ₦415.07 to a $1 on Wednesday, 1st December 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) players buy a dollar for N555 and sell for 558 on Thursday, December 2 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: NCDC Warns Nigerian on the Excessive use of Antibiotics [A Must Read]

Trading at the official NAFEX window

The exchange rate between the naira and the US dollar opened at ₦413.94/$1 on 2nd December 2021 after closing at ₦415.07/$1. Showing a change of 0.04.

According to data from FMDQ, forex turnover stands at $223.18 million.

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