Dollar To Naira Exchange Rate Today 8th December 2021
Today, December 8, 2021, this is the news on the Dollar to Naira exchange rate at the official and black market exchange rates.
Touchaheart update 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, Wednesday December 8th, for $1 dollar to naira = ₦413.71$1.
According to data from the FMDQ Security Exchange, where forex is officially exchanged, the naira and the US dollar exchange rate began at 413.71/$1 on Wednesday, December 8th, after closing at 415.07 to a $1 on Tuesday, December 7th, 2021.
How much is exchange rate of Dollar to Naira in Black Market today?
According to reports at Bureau De Change, on Wednesday, December 8th 2021, the exchange rate for a dollar to naira at the Lagos Parallel Market (Black Market) was N560 for a dollar and N565 for a dollar (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 Forex to contact their local banks.
Trading at the official NAFEX window
The exchange rate between the naira and the US dollar opened at ₦413.71/$1 on 8th December 2021 after closing at ₦415.07/$. Showing a change of 0.02.
According to data from FMDQ, forex turnover stands at $149.01 million.