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, December 3rd , 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.
The Nigerian Naira is the currency of Nigeria. Our currency rankings show that the most popular Nigerian Naira exchange rate is the NGN to USD rate. The currency code for Nairas is NGN. And the currency symbol is ₦.
How Much Is Dollar To Naira Exchange Rate Today Official Rate?
The official rate today, Friday December 3rd , for $1 dollar to naira = ₦413.93/$.
According to the data at the FMDQ Security where forex is traded officially, exchange rate between the naira and the USD opened at ₦413.93/$1 on Friday 3rd , after it closed at ₦414.80 to a $1 on Thursday, 2nd December 2021.
How much is exchange rate of Dollar to Naira in Black Market today in Nigeria?
The exchange rate for the US dollar to naira at Lagos Parallel Market (Black Market) for today, Friday morning, December 3rd , players buy a dollar for ₦550 and sell for ₦558 according to sources at Bureau De Change (BDC).
Please note that the Central Bank of Nigeria (CBN) does not recognize the black market (also known as the parallel market) and recommends that individuals interested in trading foreign exchange contact their local banks.
Trading at the NAFEX official window (CBN Exchange rate Dollar to naira )
The exchange rate between the naira and the USD opened at ₦413.79/$ on 2nd December 2021 and closed at ₦414.80/$1.
|Dollar to Naira (USD to NGN)||Black Market Exchange Rate In Lagos|
Dollar To Naira Today Black Market Port Harcourt
The Nigerian Naira to Dollar parallel Market today in Rivers State December 3rd (Parallel Market) sells at ₦558/1$, according to sources at Bureau De Change (BDC).
|Dollar to Naira (USD to NGN)||Black Market USD To Naira Exchange Rate Today in Port Harcourt|
Convert US Dollar to Nigerian Naira Today, December 3rd 2021. How much are 100 dollars in Naira?
|USD Dollar||Conversion of Dollar Naira|
|1 USD||413.94 NGN|
|10 USD||4,139.4 NGN|
|100 USD||41,394 NGN|
Dollar to Naira Black Market Rate Today 3rd December 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||552- 555|
|Selling Rate||558 – 560|
xchange Rate of Dollar to Naira yesterday Black Market Closed at ₦560/$
|Dollar to Naira (USD to NGN)||Black Market Exchange Rate Yesterday|
Forex turnover is $223.18 million, according to data from FMDQ.
Meanwhile, the Nigerian Communications Commission (NCC) has outlined various policy and regulatory initiatives that the Commission is pursuing in order to reaffirm its commitment to ensuring the continued development of Nigeria’s startup ecosystem.
Prof. Umar Danbatta, NCC’s Executive Vice Chairman and Chief Executive Officer (EVC/CEO), listed the initiatives during the Commission’s recent two-day Zonal Regional Information and Communication Technology (ICT) Innovation Forum in Enugu.
Representatives from the Commission’s strategic partners, Mobile Network Operators (MNOs), Internet Service Providers (ISPs), Original Equipment Manufacturers (OEMs), tech hubs, innovators and tech entrepreneurs, as well as venture capitalists, attended the annual event, which had the theme “Digital Societies and Emerging Technologies: Leveraging ICTs to Build Information and Knowledge Societies for Achieving the Nation’s Digital Economy.”
Dollar To Nigerian Currency Exchange Rate Today Black Market 3rd December 2021
Danbatta, who was represented by Kelechi Nwankwo, NCC’s Head of Research and Development, said the current momentum in Nigeria’s tech space is undoubtedly due to the Commission’s regulatory approach. According to Danbatta, the Commission is committed to effective telecoms regulation that does not stifle competition but rather promotes innovation, industry growth, and socioeconomic development.
According to Danbatta, the Commission has implemented deliberate policy and initiatives to create an enabling environment for Nigerian startups to thrive and scale up for greater global impact and value creation as a key driver in the ICT industry and a responsive organization.
These initiatives, according to the EVC, include the aggressive and ongoing implementation of the Nigerian National Broadband Plan (NNBP) 2020-2025, which aims to increase broadband penetration to 70% by 2025; driving the implementation of the National Digital Economy and Policy Strategy (NDEPS) 2020-2030; and implementing the NCC’s Strategic Management Plan (SMP) 2020-2024, all of which are streamlined in the Strategic Vision Plan (SVP) 2021-2025 to ensure regulatory compliance.
The ICT Hubs Support and Engagement Programmes, the annual ICT Innovation Competition and Exhibition, the Annual Hackathon, and the ongoing development of ICT parks across the country, according to Danbatta, are other similar initiatives put in place by the Commission to facilitate the development and sustainability of the tech startup ecosystem.
Dollar To Naira Exchange Rate Today Black Market ( This Week )
Ejes Gist News reports, during the first trading day of the week on Monday December 29, 2021, in the Parallel Market, also known as the Black Market, the USD opened the week at ₦558. Since last Monday, when it opened at 560 Naira per dollar, there has been a 2 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
Pay Attention To eNaira Speed Wallet Download Link – How To Sign Up
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.
The eNaira wallet was launched by the Federal Government, led by Central Bank Governor Godwin Emefiele, to facilitate transactions and support the Naira (₦).
Click here to learn more about the eNaira wallet. eNaira wallet
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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