Naira
Newsonline 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.
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 $1 on Monday, 2 November 2021.
The exchange rate at Lagos Parallel Market (Black Market) for today, Tuesday, November 2nd sells within N560 to N5651$, according to sources at Bureau De Change (BDC) who spoke to Newsonline Nigeria reporter.
Also, Newsonline 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).
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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