Dollar To Naira Exchange Rate Today 23 November 2021

 

Today, November 23, 2021, this is the news on the Dollar to Naira exchange rate at the official and black market exchange rates.

 

Read the latest updates from Touchaheart Nigeria reports that on official dollar rates, as well as Black Market, Bureau De Change (BDC), and Central Bank of Nigeria (CBN) prices.

 

How Much Is Dollar To Naira Exchange Rate Today Official Rate?

 

The official rate today, Tuesday November 23, for $1 dollar to naira = ₦413.79/$1.

 

According to data from the FMDQ Security Exchange, where forex is officially traded, the naira and the US dollar exchange rate opened at 413.79/$1 on Tuesday, November 23, after closing at 415.07/$1 on Monday, November 22, 2021.

 

How much is exchange rate of Dollar to Naira in Black Market today?

 

According to Bureau De Change sources, the exchange rate for a dollar to naira at the Lagos Parallel Market (Black Market) today, Tuesday, November 23, is N555/1$. (BDC).

 

Please be aware that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market), and has advised individuals interested in trading in foreign exchange to contact their respective banks.

 

Trading at the official NAFEX window

 

The naira and the US dollar exchange rate began at 413.79/$1 on November 23, 2021, after ending at 415.07/$1. There has been a 0.06 change.

 

Forex turnover is $149.53 million, according to data from FMDQ.

 

In the meantime, the Central Bank of Nigeria (CBN) has announced that anyone who breach its Bank Verification Number (BVN) policy will be denied credit and will be prevented from creating new accounts.

 

The notification was published in the CBN’s Revised Regulatory Framework for Bank Verification Number (BVN) Operations and Banking Industry Watch-List.

 

Mr. Musa Jimoh, Director of the CBN’s Payment System Management Department, signed the framework, which was then published in the CBN’s Update Report Circular.

 

The CBN further stated that the new framework was created with the goal of increasing the efficiency of customer due diligence and Know Your Customer.

 

The general public was informed that breaches on the part of customers could see the individual getting barred from entering a new relationship with any bank

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