Naira Falls Against Dollar, See New Exchange Rate below:
It has been reported that Naira has dropped to all-time low against dollar.
It was negative trading for the Nigerian naira in the official foreign currency market, as it fell further in value versus the US dollar on Thursday.
According to data from the FMDQ Security Exchange, where the currency is legally exchanged, Naira closed at N411.83 per $1.
The performance on Thursday represents a N0.88 or 0.21 percent depreciation from the previous session on Wednesday, when it traded at N410.95.
This happened as forex turnover fell by $137.09 million, or 60.4 percent, as transactions totaling $89.89 million were completed, compared to the previous session’s $226.98 million.
However, the exchange rate between Naira and the dollar remained unchanged at the unofficial market.
Data posted on abokiFX.com, a website that collates parallel market rates in Lagos shows, Naira remained at N502.00 per $1, the same rate it has been trading since June 4 last week.
Nigerian Naira, however, appreciated by N2 against the British Pound Sterling to close at N713/£1 versus the previous N715/£1.
It also gained N1 against the Euro at the black market to close at N606/€1 in contrast to N607/€1 it traded on Wednesday
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 October 6, 2021 (BLACK MARKET): dollar to naira exchange rate today black market
Today October 6 dollar to naira black market exchange rate: $1 dollar to naira = N565
Dollar To Naira Exchange Rate Today 6 October 2021 (Black Market Rate)
Dollar to Naira exchange rate today
Lagos parallel market (black market dollar exchange rate today)
The local currency opened at N565.00 per $1 at the parallel market otherwise known as the black market, today, Wednesday, 6 October 2021, in Lagos Nigeria after it closed N575.00 per $1 on Tuesday, 5 October 2021. This represents a change of $10 from .the previous day.
GoldenNewsNg reports that the black market, the players buy a dollar for N560 and sell for N565 on Wednesday morning, October 6, 2021. after they bought N572 and sold N575 the previous day. This means the dollar to naira exchange rate changed its position from the previous day with $10.
