Dollar To Naira Exchange Rate Today October 12th 2021: See Black Market & CBN Official Rate)

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Black Market & CBN Nigeria  Today Tuesday, October 12th has been released. Check Today’s rate    

Please note that the exchange rate changes hourly… depends on the volume of Dollars available and the Demands.

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What it means is that…you can buy or sell dollars for 575 and the price can change  ( High or low ) Within hours.

There is no fixed price in Exchange Rate in Nigeria

How Much Is today October 2021, the black market rate has been obtained.

Ejes Gist News has obtained the CBN official USD to the naira exchange rate in Nigeria today including the Black Market rates, Bureau De Change (BDC) rate, and CBN rates.

How Much Is 12th  October 2021 Official Rate?

The exchange rate between the Naira and the US dollar according to the data posted on the FMDQ Security Exchange, this  where forex is officially traded and sold  affirmed that the naira opened at 410.00 NGN per dollar on, 12th October 2021, after it closed at N410.50 per $1 on, 11th October 2021. This represents a change of 0.50

Exchange Rate of in Black Market Today? 12th October , 2021

The Nigeria black market dollar exchange rate today to the Nigerian ₦ is as follows:

According to abokiFX.com, the local currency opened at N565.00 per $1 at the parallel market popular called  the black market or Parallel Market, today, 12th October 2021, in Lagos Nigeria after it closed N570.00 per $1 on Monday, 11th October 2021. This represents a change of $5 from the previous day.

 

Ejes Gist News reports that the data published on abokiFX.com, which is known as the “official black market rate“, showed that at the black market, the players buy a dollar for N565 and sell for N570 on Monday morning, October 9, 2021.

Ejes Gist News reports that the USD started this week at ₦570 in Parallel Market also known as Black Market on Monday, October 12th, 2021. A change of $5 dollars compared to last Monday when it opened at ₦565 per dollar.

 

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Dollar To Naira Exchange Rate

If you will recall, the Governor of the central bank of Nigeria has blamed the current ,and constant fall of Naira against the United States dollars, USD on AbokiFX daily , update. 

AbokiFX was helping to know  What Is USD To Naira Today In Black Market, before Godwin Emefiele , ordered that the Founder of , be arrested. 

For those who are not aware ,  is not the official exchange rate… But is the amount you pay to get dollar when the official window is not accessible or available to you. 

The  USD To Naira Black Market Calculator, depends on the volume of Dollars available in the black market. 

The  USD To Naira Today Black Market is determined by Supply and Demand while  Today is determined by the CBN Governor and Monetary Policies.

In Nigeria there is no uniform exchange rate.

Also visit Ejes Gist News for daily Naira to to dollar exchange as we will keep you updated with the latest updates on the FX Market

Credit : Data provided by Morningstar for Currency and Coinbase for Cryptocurrency

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