Dollar To Naira Exchange Rate Today 25 October 2021 (Black Market Rate)
Dollar to Naira exchange rate today 25 October 2021, black market rate can be accessed below.
IMPORTANT NOTE: The exchange rate fluctuates hourly, depending on the amount of dollars available and the Demands. What this signifies is… At 570, you may buy or sell one dollar, and the price can swing dramatically (high or low) within hours.
Touchaheart has received today’s official dollar to naira exchange rate in Nigeria, as well as Black Market, Bureau De Change (BDC), and Central Bank of Nigeria (CBN) rates. How Much Is Dollar To Naira Exchange Rate Today Official Rate?
October 25 dollar to naira official exchange rate: $1 dollar to naira =
According to data issued on the FMDQ Security Exchange, where forex is officially exchanged, the naira began at 414.05 per dollar on Monday, October 25th, 2021, after closing at 415.07 for $1 on Friday, October 22nd. This corresponds to a change of -0.01%.
How much is exchange rate of Dollar to Naira in Black Market today?
The current Nigerian Naira parallel market (black market dollar exchange rate) is as follows: For use in the Lagos black market.
LAGOS PARALLEL MARKET RATES October 25, 2021 (BLACK MARKET): dollar to naira exchange rate today black market
October 25 dollar to naira black market exchange rate: $1 dollar to naira = ₦570
Lagos parallel market (black market dollar exchange rate today)
The local currency began at N570.00 per $1 on the parallel market, also known as the black market, in Lagos, Nigeria, today, Monday, October 25, 2021, after closing at N574.00 per $1 on Friday, October 22, 2021.
Since Monday, October 11, the dollar to naira exchange rate has been stable at N570-575 per $1. This comes following a fight between the CBN and Aboki FX over the black market dollar-to-naira exchange rate.
Touchaheart claims that the Central Bank of Nigeria (CBN) does not recognize the parallel market, also known as the black market, despite the fact that the dollar to naira opened in the parallel market at 570 for $1 today.
As a result, anyone in need of currency should contact their bank, with the I&E window being the sole known exchange, according to the apex bank.
According to Touchahaert Nigeria, players on the black market bought a dollar for N565 and sold it for N570 on Monday morning, October 25, 2021, after buying N568 and selling N573 the previous Friday.
Meanwhile, Touchaheart Nigeria reported that the USD began trading this week at 570 on the Parallel Market, popularly known as the Black Market, in Lagos, Nigeria on Monday, October 25, 2021. N572 was launched last week, on Monday, October 18, 2021.
