Dollar To Naira Exchange Rate Today 20 December 2021
This is the news about Dollar to Naira rate at the official and black market exchange rate Today December 20, 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 December 20th, for $1 dollar to naira = ₦413.84/$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 ₦413.84/$1 on Monday 20th, after it closed at ₦415.07 to a $1 on Friday, 17th 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 N562 and sell at N565 on Monday, December 20th 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.
Trading at the official NAFEX window
The exchange rate between the naira and the US dollar opened at ₦413.84/$1 on 20th December 2021 after closing at N415.07/$ on 17th December.
According to data from FMDQ, forex turnover stands at $151.03 million.