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Black Market Dollar To Naira Exchange Rate Today 3rd November 2021

Enudi Golden by Enudi Golden
January 11, 2024
in business, Featured, Headline, World News
Reading Time: 2 mins read
CBN Official Dollar To Naira Rate Today 17th August 2023
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Black Market Dollar To Naira Exchange Rate Today 3rd November 2021

GoldenNewsNg  report that Black Market Dollar To Naira Exchange Rate Today 3rd November 2021 has emerged.

GoldenNewsNg has obtained the Dollar to Naira rate at the official and black market exchange rate Today November 3rd 2021. The official dollar rates as well as Black Market rates, Bureau De Change (BDC) rates, and CBN rates.

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Black Market Dollar To Naira Exchange Rate Today 3rd November 2021

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

As of today, Wednesday, November 3rd, FMDQ Security Exchange disclosed that $1 to naira = ₦414.26/$11 at the official market after it closed at ₦414.98 to a $1 on Monday, 2 November 2021.

The exchange rate at Lagos Parallel Market (Black Market) for today, Tuesday, November 2nd sells within N560 to N565 1$, according to sources at Bureau De Change (BDC).

Also, GoldenNewsNg reports that the players buy a dollar for N555 Wednesday morning, November 3rd.

NB: The Central Bank of Nigeria (CBN) does not recognise the parallel market (black market).

Trading at the official NAFEX window

The exchange rate between the naira and the US dollar opened at ₦414.26/$1 on 2 November, 2021 and closed at ₦415.07/$1. Showing a change 0.02.

According to data from FMDQ as at Tuesday November 2nd 2021, forex turnover stands at $160.64 million.

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