Black Market Dollar To Naira Today Tuesday, 14th December 2021

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Dollar to Naira Black Market Exchange Rate Today , Black Market Dollar To Naira Exchange Rate Today Naira to Dollar

The following is the official and Black Market Dollar To Naira Today news for the 14th of December, 2021.

Black Market Today Tuesday – Read the most recent updates on official dollar rates, as well as Black Market Dollar To Naira Exchange Rate Today, Bureau De Change (BDC), and Central Bank of Nigeria (CBN) rates.

What Is Today’s Official ?

Today, Tuesday, December 14th, the official rate for one dollar to one naira is ₦414.05$1.

According to data from the FMDQ Security Exchange, where forex is officially traded, the naira and the US dollar exchange rate opened at ₦414.05/$1 on Tuesday, December 14th, after closing at 414.06 to a dollar on Monday, December 13th, 2021.

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What is the current Black Market Dollar to Naira exchange rate?

According to Bureau De Change (BDC) sources, on Tuesday, December 14th, 2021, the exchange rate for a dollar to naira at the Lagos Parallel Market (Black Market or ) Players sell at ₦575 for a dollar and Buy at ₦565 for a dollar.

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 NAFEX official window
On December 13, 2021, the naira and the US dollar exchange rate opened at 414.00/$1 and closed at 414.06/$.

At the official market the naira appreciates as the dollar supply improves by 44%.

Tuesday, December 14th, 2021:
At the official Investors and Exporters (I&E) window, the naira and the US dollar exchange rate closed at N414.06/$1.

On Tuesday, the naira gained a smidgeon against the dollar, closing at N414.06/$1. This represents a 0.25 percent increase over the N415.10 recorded in previous trading sessions, as the country’s external reserves continue to fall, with a $17 million drop.

The naira, on the other hand, remained stable against the dollar on Tuesday, closing at N575/$1. The rate was the same as the previous trading session. According to information gathered from BDC operators interviewed by Ejes Gist News, this is the case.

 

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