This is the news about Dollar to Naira rate at the official and black market exchange rate Today October 15, 2021.
Read Naija News update on the official dollar rates as well as Black Market rates, Bureau De Change (BDC) rates, and CBN rates.
How Much Is Dollar To Naira Exchange Rate Today Official Rate?
The official rate today, Friday October 15, for $1 dollar to naira = ₦(yet to be disclosed)/$1.
According to the data at the FMDQ Security Exchange where forex is traded officially, exchange rate between the naira and the US dollar opened at ₦(yet to be disclosed)/$1 on Friday October 15, after it closed at ₦422.07 per $1 on Thursday, 14 October 2021.
How much is exchange rate of Dollar to Naira in Black Market today?
The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) for today, Friday, October 15, opened N568.00 to a $1.
Please note that the Central Bank of Nigeria (CBN) does not recognise the parallel market (black market), as it has directed individuals who want to engage in Forex to approach their respective banks.
Trading at the official NAFEX window
The exchange rate between the naira and the US dollar closed at N422.07/$1 on 14th October 2021 as against how it opened on Thursday, October 14 at N413.50/$1, showing a change at 1.68.
Naija News reports that Forex turn over for Thursday 14 October dropped to 141.94 million as against $306.77 million on Wednesday, 13th October 2021.