Black market dollar to naira exchange rate today 17th December 2021 can be accessed below.
Newsonline has obtained the official dollar to naira exchange rate in Nigeria today including the Black Market rates, Bureau De Change (BDC) rate, and CBN rates.
December 17 dollar to naira official market exchange rate: $1 dollar to naira =₦570
How Much Is Dollar To Naira Exchange Rate Today Official Rate?
The exchange rate between the Naira and the US dollar according to the data posted on the FMDQ Security Exchange where forex is officially traded showed that the naira opened at #413.83 per dollar on Friday, 17 December 2021, after it closed at #415.05 per $1 on Thursday, 16 December 2021. This represents a change of -0.07.
How much is exchange rate of Dollar to Naira in Black Market today?
LAGOS PARALLEL MARKET RATES December 17 2021 (BLACK MARKET): dollar to naira exchange rate today black market
December 17 dollar to naira black market exchange rate: $1 dollar to naira = ₦575
Lagos parallel market (black market dollar exchange rate today)
The local currency opened at N575.00 per $1 at the parallel market otherwise known as the black market, today, Friday, 17 December 2021, in Lagos Nigeria, after it closed N570.00 per $1 on Thursday, 16 December 2021.
Even though the dollar to naira opened in the parallel market at ₦570 per $1 today, Newsonline reports that the Central Bank of Nigeria (CBN) does not recognise the parallel market, otherwise known as the black market. The apex bank has therefore directed anyone who requires forex to approach their bank, insisting that the I&E window is the only known exchange.
Newsonline Nigeria reports that at the black market, the players buy a dollar for N565 and sell for N570 on Friday morning, December 17, 2021, after they bought N565 and sold for N570 on Thursday morning, December 15, 2021.
Meanwhile, Newsonline Nigeria reports that the USD started this week at ₦566 in Parallel Market also known as Black Market on Monday, December 13, 2021 in Lagos Nigeria, after it opened at ₦565 last week Monday, December 6, 2021.