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Black Market Dollar To Naira Exchange Rate Today 14th December 2021

Enudi Golden by Enudi Golden
January 11, 2024
in business, Featured, Headline, World News
Reading Time: 2 mins read
Black Market Dollar To Naira Exchange Rate Today 3rd April 2023 (Aboki Exchange)
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Black Market Dollar To Naira Exchange Rate Today 14th December 2021

Daily black market exchange rates for dollar to naira can be accessed here.

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, Tuesday, December 14th, for $1 dollar to naira = ₦414.03/$1.

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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 ₦414.03/$1 on Tuesday 14th, after it closed at ₦415.10 to a $1 on Monday, 13th 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 Tuesday, December 14th, 2021, according to sources at Bureau De Change (BDC).

Please note that the Central Bank of Nigeria (CBN) does not recognize 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 ₦414.03/$1 on 14th December 2021 after closing at 415.10/$ on 13th December. Showing a change of 0.01%.

According to data from FMDQ, forex turnover stands at $121.45 million.

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