Newsoneline has obtained 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 this morning is N411.48 at the official Investors and Exporters window, this means that dollar to naira maintained its position of N411.48 which was recorded the previous day.
The Nigeria black market dollar exchange rate today to the Nigerian Naira is as follows:
US Dollar is being traded at ₦510 in Black Market (Lagos) today, August 09, 2021. USD started last week at ₦512 in Black Market on Monday, August 02, 2021. This makes a 0.39% fall for US Dollar rate against Naira since last week.
When we look at the whole month, we see that US Dollar to Naira exchange rate was ₦512 on Monday, August 02, 2021 at the beginning of August. With USD being traded at ₦510 now, we see a 0.39% decrease for US Dollar to Naira exchange rates for this August.
Data posted on the FMDQ Security Exchange where forex is officially traded showed that the naira closed at N411.50 per $1 on Friday, August 6, 2021.
Sell: ₦505Buy: ₦500 Naira to Dollar
₦ 525 on 28/07/2021
Lowest
₦ 503 on 22/07/2021
Note that parallel market is popularly known as black market.
| NGN | USD BUY / SELL | GBP BUY / SELL | EUR BUY / SELL |
|---|---|---|---|
| 06/08/2021 | 505 / 510 | 700 / 705 | 592 / 598 |
| 05/08/2021 | 500 / 508 | 700 / 705 | 590 / 598 |
| 04/08/2021 | 498 / 506 | 695 / 705 | 585 / 595 |
| NGN | USD BUY / SELL | GBP BUY / SELL | EUR BUY / SELL |
|---|---|---|---|
| 06/08/21 | 495 / 508 | 680 / 705 | 580 / 602 |
| 05/08/21 | 495 / 508 | 685 / 705 | 580 / 602 |
| 04/08/21 | 495 / 508 | 685 / 705 | 580 / 602 |
| 03/08/21 | 500 / 510 | 690 / 705 | 590 / 602 |
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