Newsonline has obtained a dollar-to-naira exchange rate in Nigeria today including the Black Market rates, Bureau De Change (BDC) rate, and CBN rates.
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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 N411.50 per dollar on Wednesday, August 11, 2021, after it closed at 411.50 per $1 on Tuesday, August 10, 2021. This represents a change of -0.03% after it opened at N411.63 per dollar on Tuesday.
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Exchange Rate of Dollar To Naira in Black Market Today?
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The Nigeria black market dollar exchange rate today to the Nigerian Naira is as follows:
LAGOS PARALLEL MARKET RATES August 11th, 2021 (BLACK MARKET)
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According to abokiFX.com, the local currency opened at N510.00 per $1 at the parallel market otherwise known as the black market, today, Wednesday, August 11, 2021, in Lagos Nigeria after it traded N510.00 per $1 on Tuesday, August 10, 2021. This represents 0% change from the previous day.
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| NGN | USD BUY / SELL | GBP BUY / SELL | EUR BUY / SELL |
|---|---|---|---|
| 11/08/2021 | 503 / 510* | 695 / 703* | 590 / 596* |
| 10/08/2021 | 503 / 510 | 695 / 703 | 590 / 596 |
| 09/08/2021 | 503 / 510 | 695 / 705 | 590 / 596 |
| 06/08/2021 | 505 / 510 | 700 / 705 | 592 / 598 |
The data published on abokiFX.com, which is known as the “official black market rate“, showed that at the black market, the players buy a dollar for N503 and sell for N510 on Wednesday morning, August 11, 2021.
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This means that the USD started this week at ₦508 in Parallel Market also known as Black Market on Monday, August 09, 2021.
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