Dollar To Naira Exchange Rate Today 22 November 2021
Today, November 22, 2021, this is the news on the Dollar to Naira exchange rate at the official and black market exchange rates.
Read Touchaheart’s latest updates on official dollar rates, as well as Black Market, Bureau De Change (BDC), and Central Bank of Nigeria (CBN) prices.
November 22 dollar to naira official market exchange rate: $1 dollar to naira =₦413.53
How Much Is Dollar To Naira Exchange Rate Today Official Rate?
The exchange rate between the Naira and the US dollar
The naira began at 413.53 per dollar on Monday, November 22, 2021, after closing at 414.40 per dollar on Friday, November 19, 2021, according to statistics released on the FMDQ Security Exchange, where forex is officially transacted. This is a 0.00 percent change.
How much is exchange rate of Dollar to Naira in Black Market today?
November 21 dollar to naira black market exchange rate: $1 dollar to naira = ₦564
Lagos parallel market (black market dollar exchange rate today)
The local currency began at N564.00 per $1 on the parallel market, also known as the black market, in Lagos, Nigeria, today, Monday, November 24, 2021, after closing at N547.00 per $1 on Friday, November 19, 2021.
Touchaheart reports that the Central Bank of Nigeria (CBN) does not acknowledge the parallel market, also known as the black market, despite the fact that the dollar to naira opened on the parallel market at 564 for $1 today. As a result, the apex bank has directed anyone who requires currency to contact their bank, emphasizing that the I&E window is the only known exchange.
According to Touchaheart Nigeria, players on the underground market buy a dollar for N550 and sell it for N564 on Monday morning, November 22, 2021, after buying N542 and selling for N547 on Friday morning, November 19.
Meanwhile, Touchaheart Nigeria reported that the USD opened this week at 564 in Lagos Nigeria’s Parallel Market, commonly known as Black Market, on Monday, November 22, 2021, after opening at 541 the week before on Monday, November 15, 2021.
TOUCHAHEART NIGERIA does not set or determine foreign exchange rates. The official NAFEX rates can be seen on the FMDQOTC’s website. Various sources, including internet media outlets, are used to get parallel market (black market) pricing. The rates at which you purchase or sell FX may differ from those described in this article.