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Dollar To Naira Exchange Rate Today August 18, Official/ Black Market Rates

by NewsOnline Nigeria
August 18, 2021
in Headline, News
0
naira

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Dollar to Naira exchange rate today August 18, official/ black market rates in Nigeria can be accessed below.

 

 

Newsonline reports that the official dollar to naira exchange rate in Nigeria today including the Black Market rates, Bureau De Change (BDC) rate, and CBN rates has emerged.

 

SEE ALSO: Dollar To Naira Exchange Rate Today August 17, Official/ Black Market Rates

 

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 N411.39 per dollar on Wednesday, August 17, 2021, after it closed at 411.50 per $1 on Tuesday, August 17, 2021,. This represents a change of 0.00%.

Dollar To Naira Exchange Rate Today August 18, Official/ Black Market Rates
Dollar to Naira official exchange rate today, Wednesday, August 18, 2021.

Exchange Rate of Dollar To Naira in Black Market Today?

The Nigeria black market dollar exchange rate today to the Nigerian Naira is as follows:

LAGOS PARALLEL MARKET RATES August 18th, 2021 (BLACK MARKET)

 

Dollar To Naira Exchange Rate Today August 18, Official/ Black Market Rates
Dollar to Naira exchange rate today.

According to abokiFX.com, the local currency opened at N517.00 per $1 at the parallel market otherwise known as the black market, today, Wednesday, August 18, 2021, in Lagos Nigeria after it closed N515.00 per $1 on Tuesday, August 17, 2021. This represents a change of $2 from the previous day.

Quotes:* morning**midday***evening

NGN

USD

BUY / SELL

GBP

BUY / SELL

EUR

BUY / SELL

18/08/2021510 / 517**700 / 707**597 / 603**
18/08/2021510 / 515*700 / 706*595 / 603*
17/08/2021510 / 515700 / 706595 / 605
16/08/2021508 / 515700 / 705590 / 600
13/08/2021508 / 515695 / 703590 / 600

 

The data published on abokiFX.com, which is known as the “official black market rate“, obtained by Newsonline showed that at the black market, the players buy a dollar for N510 and sell for N517 on Wednesday morning, August 18, 2021.

 

 

Dollar To Naira Exchange Rate Today August 18, Official/ Black Market Rates
Dollar to Naira black market exchange rate today, Wednesday, August 18, 2021.

 

Meanwhile, the USD started this week at ₦515 in Parallel Market also known as Black Market on Monday, August 16, 2021. A change of $7 dollars compared to last Monday when it opened at N508 per dollar.

 

 

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