Dollar To Naira Exchange Rate Today 29th December 2021 (See Black Market Rate)

Dollar To Naira Exchange Rate For Today 29th December 2021 can be accessed below.

News Rain Nigeria has obtained the official dollar-to-naira exchange rate in Nigeria on Wednesday, and the Black Market rates, Bureau De Change (BDC) rate, and CBN rates.

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

The official rate today, Wednesday, December 29th, for $1 dollar to naira = ₦414.03/$1.

According to FMDQ Security Exchange where forex is officially traded, the official exchange rate between the naira and the US dollar opened at ₦414.03/$1 on Wednesday December 29 2021, after it closed at ₦415.10 to a $1 on Friday December 24th 2021.

How much is exchange rate of Dollar to Naira in Black Market today?

The exchange rate for a dollar to naira at Lagos and Abuja Parallel Market (Black Market) for today, Wednesday, December 29th sells at ₦570/1$, and buy at ₦572 according to enquire from the Bureau De Change (BDC) this morning.

 

Dollar To Naira Exchange Rate Today 29th December 2021 (See Black Market Rate)

 

Though, 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.

The exchange rate between the naira and the US dollar opened at ₦413.54/$1 on Friday December 24 2021 and closed at ₦415.10/$1 on same day. Showing a change of 0.09. According to data from FMDQ.

IMPORTANT NOTE: 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 ₦570 to ₦575 and the price can change (high or low) within hours.