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.
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 N411.27 per dollar on Tuesday, August 24, 2021, after it closed at N411.83 per $1 on Monday, August 23, 2021. This represents a change of -0.10%.
The Nigeria black market dollar exchange rate today to the Nigerian Naira is as follows:
According to abokiFX.com, the local currency opened at N520.00 per $1 at the parallel market otherwise known as the black market, today, Tuesday, August 24, 2021, in Lagos Nigeria after it closed N520.00 per $1 on Monday, August 23, 2021. This represents a change of $0 from the previous day.
Quotes:* morning**midday***evening
| NGN | USD BUY / SELL | GBP BUY / SELL | EUR BUY / SELL |
|---|---|---|---|
| 24/08/2021 | 514 / 520* | 703 / 708* | 598 / 604* |
| 23/08/2021 | 514 / 520 | 703 / 708 | 598 / 604 |
| 20/08/2021 | 512 / 520 | 703 / 708 | 602 / 606 |
| 19/08/2021 | 512 / 520 | 703 / 708 | 603 / 607 |
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 N514 and sell for N520 on Tuesday morning, August 24, 2021.
Meanwhile, Newsonline reports that the USD started this week at ₦520 in Parallel Market also known as Black Market on Monday, August 23, 2021. A change of $5 dollars compared to last Monday when it opened at N515 per dollar.
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