Black Market Dollar To Naira Exchange Rate Today 11th January 2022

Black Market Dollar To Naira Exchange Rate Today 11th January 2022

Below is the black market dollar to naira conversion rate for today, 11th January 2022.

 

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 obtained the official dollar to naira exchange rate in Nigeria today including the Black Market rates, Bureau De Change (BDC) rate, CBN rates.

January 11 dollar to naira official market exchange rate: $1 dollar to naira =₦415.70

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

 

According to data provided on the FMDQ Security Exchange, where forex is officially exchanged, the naira began at 415.70 per dollar on Tuesday, January 11th, 2022, after closing at 412.25 for $1 on Monday, January 10th, 2022. This is a change of -0.37 percent.

 

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

 

The Nigeria parallel market (black market dollar exchange rate today) to the Nigerian Naira is as follows: For the Lagos market (black market).

 

LAGOS PARALLEL MARKET RATES January 11, 2022 (BLACK MARKET): dollar to naira exchange rate today black market

 

January 11 dollar to naira black market exchange rate: $1 dollar to naira = ₦570

Lagos parallel market (black market dollar exchange rate today)

The local currency opened at N570.00 per $1 at the parallel market otherwise known as the black market, today, Tuesday, 11 January 2022, in Lagos Nigeria after it closed N567.00 per $1 on Monday, 10 January 2022.

 

Even though the dollar to naira opened in the parallel market at ₦570 per $1 today, Newsone reports that the Central Bank of Nigeria (CBN) does not recognise the parallel market, otherwise known as the black market. The apex bank has therefore directed anyone who requires forex to approach their bank, insisting that the I&E window is the only known exchange.

 

Black Market Dollar To Naira Exchange Rate Today 11th January 2022

 

Touchaheart Nigeria reports that at the black market, the players buy a dollar for N565 and sell for N570 on Tuesday morning, January 11, 2022 after they bought N564 and sold for N570 on Monday morning, January 10.

 

Meanwhile, Touchaheart Nigeria reports that the USD started this week at ₦570 in Parallel Market also known as Black Market on Monday, January 10, 2022 in Lagos Nigeria, after it opened at ₦560 last week Monday, January 3, 2021.

 

Disclaimer: TOUCHAHEART NIGERIA does not set or determine forex rates. The official NAFEX rates are obtained from the website of the FMDQOTC. Parallel market rates (black market rates) are obtained from various sources including online media outlets. The rates you buy or sell forex may be different from what is captured in this article.

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