Good Day, Here is what you need to know about the Dollar To Naira Exchange Rate Today Black Market at the official and Parallel market exchange rates today, November 26th , 2021.
Read for free the latest news from Ejes Gist News on the Dollar To Naira Exchange Rate Today Black Market, Bureau De Change (BDC) rates, as well as official dollar rate and Central Bank of Nigeria (CBN ) rates.
How Much Is Dollar To Naira Exchange Rate Today Official Rate?
The official rate today, Friday November 26th , for $1 dollar to naira = ₦413.98/$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 ₦413.71/$1 on Friday 26th , after it closed at ₦415.07 to a $1 on Thursday, 25th November 2021.
How much is exchange rate of Dollar to Naira in Black Market today in Nigeria?
The exchange rate for the US dollar to naira at Lagos Parallel Market (Black Market) for today, Friday , November 26th sells at N560/1$, according to sources at Bureau De Change (BDC).
However, it should be noted that the Central Bank of Nigeria (CBN) does not recognize the parallel market (also known as the black market) and recommends that individuals interested in trading foreign exchange contact their respective banks.
Trading at the NAFEX official window
The exchange rate between the naira and the US dollar opened at ₦413.70/$1 on 26th November 2021 after closing at ₦415.08/$1
|Dollar to Naira (USD to NGN)||Black Market Exchange Rate In Lagos|
The Nigerian Naira to Dollar parallel Market today in Rivers State November 26th (Parallel Market) sells at ₦565/1$, according to sources at Bureau De Change (BDC).
|Dollar to Naira (USD to NGN)||Black Market Dollar To Naira Exchange Rate Today in Port Harcourt|
Trading at the official I & E Rate (USD) – NAFEX window Yesterday
The exchange rate between the naira and the US dollar opened at ₦413.58/$ on 25th November 2021 and closed at ₦415.07/$. This represents a change of 0.03% Compare to previous day.
Convert US Dollar to Nigerian Naira Today, November 26th 2021. How much are 100 dollars in Naira?
|USD Dollar||Conversion of Dollar Naira|
|1 USD||413.71 NGN|
|5 USD||2,067.9 NGN|
|10 USD||4,137.1 NGN|
|25 USD||10,339.5 NGN|
|100 USD||41,371 NGN|
Dollar to Naira Black Market Rate Today 26th November 2021. The U.S. Dollar to Nigerian Naira in Black Market Today.
|Dollar to Naira (USD to NGN)||Black Market Exchange Rate in Nigeria range|
|Buying Rate||550- 560|
|Selling Rate||560 – 565|
xchange Rate of Dollar to Naira yesterday Black Market Closed at ₦560/$
|Dollar to Naira (USD to NGN)||Black Market Exchange Rate Yesterday|
According to data from the FMDQ, the current value of forex turnover is $149.53 million.
According to a statement issued by the Central Bank of Nigeria (CBN), anyone who fails to comply with the CBN’s Bank Verification Number (BVN) regulation will be denied credit and will be barred from opening new accounts.
The changes were announced by the Central Bank of Nigeria (CBN) in a Revised Regulatory Framework for Bank Verification Number (BVN) Operations and Banking Industry Watch-List.
Dollar To Naira Exchange Rate Today Black Market 26th November 2021
Mr. Musa Jimoh, Director of the Central Bank of Nigeria’s Payment System Management Department, signed the framework, which was later published in the Central Bank’s Update Report Circular.
In addition, the Central Bank of Nigeria stated that the new framework was created in order to maximize the effectiveness of customer due diligence and Know Your Customer procedures.
According to the general public, customers who violated the rules could be barred from entering into new relationships with any bank in the future.
Dollar To Naira Exchange Rate Today Black Market ( This Week )
Ejes Gist News reports, during the first trading day of the week on Monday, November 22, 2021, in the Parallel Market, also known as the Black Market, the USD opened the week at ₦560. Since last Monday, when it opened at 560 Naira per dollar, there has been a 20 Naira change in the exchange rate.
This is the Naira to US Dollar exchange rate provided by a Nigerian financial institution. Nigerians use this method to convert dollars into nairas.
First of Nigeria Plc Currency Exchange Rate is $1 = ₦480.00
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Zenith Bank Plc Currency Exchange Rate $1 = ₦481.00
Western Union USD to naira exchange rate today.
Western Union Currency Exchange Rate $1 = ₦479.04
Wema bank USD to naira exchange rate today.
Wema Bank Plc Currency Exchange Rate is $1 = ₦480.00.
GTBank Bank Plc Currency Exchange Rate is $1 = ₦481.0
UBA Bank of Nigeria Currency Exchange Rate $1 = ₦480.01
Access Bank PLC Currency Exchange Rate $1 = ₦480.09.
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The USD to Naira Black Market Calculator depends on the volume of dollars available in the black market.
Disclaimer: The black market exchange rate of the US dollar to the Nigerian naira is regulated by supply and demand, but the CBN Nigeria Exchange Rate is determined by the CBN Governor and monetary policy.
In Nigeria, there is no uniform exchange rate.
Also, visit Ejes Gist News for daily Naira to dollar exchange as we will keep you updated with the latest updates on the FX Market.
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