Dollar To Naira Exchange Rate Today 23 October 2021 and Black Market Rate can be accessed below:
This article is about Dollar to Naira rate at the official and black market exchange rate Today October 23, 2021.
Read GoldenNewsNg 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, Satuday October 23, for $1 dollar to naira = ₦414.10/$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 ₦414.10/$1 on Friday October 23, after it closed at ₦415.07 to a $1 on Thursday, 21 October 2021.
The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) for today, Saturday, October 23, opened N570.00 to a $1, 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 ₦414.10/$1 on 2erd October 2021 and after closing at ₦415.07/$1 on October 23nd, 2021, showing a change at 0.04.
According to data from FMDQ, forex turnover for Saturday, 23 October 2021 was set at $103.16 million down compared to $334.97 million for Friday 22 October, 2021.
