Black market dollar to naira exchange rate today 12th December 2021 can be accessed below.
IMPORTANT NOTE: Please 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 ₦572 and the price can change (high or low) within hours.
How Much Is Dollar To Naira Exchange Rate Today Official Rate?
The exchange rate between the Naira and the US dollar according to the data posted on the FMDQ Security Exchange where forex is officially traded showed that the naira opened at ₦… per dollar on Sunday, 12 December 2021, after it closed at ₦415.10 per $1 on Friday, 10 December 2021. This represents a change of 0.01.
How much is exchange rate of Dollar to Naira in Black Market today?
The Nigeria parallel market (black market dollar exchange rate today) to the Nigerian Naira is as follows: For the Lagos market (black market).
LAGOS PARALLEL MARKET RATES December 12 2021 (BLACK MARKET): dollar to naira exchange rate today black market
December 12 dollar to naira black market exchange rate: $1 dollar to naira = ₦572
Lagos parallel market (black market dollar exchange rate today)
The local currency opened at N572.00 per $1 at the parallel market otherwise known as the black market, today, Sunday, 12 December 2021, in Lagos Nigeria, after it closed N572.00 per $1 on Saturday, 11 December 2021.
Even though the dollar to naira opened in the parallel market at ₦572 per $1 today, the Central Bank of Nigeria (CBN) does not recognise the parallel market, otherwise known as the black market. The apex bank has therefore directed anyone who requires forex to approach their bank, insisting that the I&E window is the only known exchange.
News Rain Nigeria reports that at the black market, the players buy a dollar for N567 and sell for N572 on Sunday morning, December 12, 2021, after they bought N565 and sold for N570 on Friday morning, December 10, 2021.
Meanwhile, USD started this week at ₦565 in Parallel Market also known as Black Market on Monday, December 6, 2021, in Lagos Nigeria, after it opened at ₦558 last week Monday, November 29, 2021.
Parallel market rates (black market rates) are obtained from various sources including online media outlets.
The rates you buy or sell forex may be different from what is captured in this article.